Home Equity Try SECU’s online Bill Pay—it’s free!*
Line of Credit What three little words would make
your heart beat faster? How about
Log on to your Online Banking
session and click on the “Bill Pay”
RATES AS LOW AS “Free Bill Pay”? button to enroll. Your Bill Pay service
3.5 % will be activated about three business
We’re waiving the fees for our online days later. After you’ve set up your
APR** Bill Pay service now through the end preferred payees, it takes just a few
(See page 2 for details.) of 2004. This fall, you can choose minutes to type in a dollar amount
new account options allowing Bill and to authorize a payment.
Pay fees to be waived, so you could
continue to enjoy free Bill Pay! Look * “Free Bill Pay” promotion in effect from July 1, 2004,
“Kids Count at SECU” for more information in future issues
through December 31, 2004, for all SECU online
Bill Pay users.
Bill Pay is a better way to organize and
Donavin Reid, age 12, won the Grand pay your bills. Avoid late fees for
Prize, a PC system, in our “Kids Count credit card payments, utilities and
at SECU” branch promotion. Each other bills by making online payments
branch also gave away a large gift rather than depending on the mail.
basket filled with prizes to celebrate
Credit Union Youth Week in April. To sign up for Bill Pay, use your
SECU Checking account and our free
Online Banking service.
New! SECU Visa rates as low as 7.99% APR†
What’s the Annual Percentage Rate • 25-day interest-free grace period on
on your bank’s credit card? Compare purchases
Shown, from left: Terrence Reid, his son Donavin Reid, those rates to your SECU Visa® card.
our “Kids Count at SECU” contest’s Grand Prize winner, • SECU offers VISA Convenience
and College Park branch manager Larry Duncan. We’ve lowered our rates, so you could
Checks for cards with over $500 in
save money by transferring balances
available credit. Use these checks to
from your higher rate credit cards to
pay off higher interest rate loans or
your SECU Visa.†
credit cards and move the balances
to your SECU Visa.
Our Platinum Visa offers a great deal:
• Earn points that you can redeem
• Generous credit limits
for merchandise or travel rewards
• No annual fee with SECU’s Platinum ScoreCard
Visa® card. Apply now and we’ll
• No balance transfer fees
waive the initial $25 annual
• Low, fixed Annual Percentage Rate† ScoreCard enhancement fee, plus
earn 5,000 bonus points when you
• No transfer fee for cash advances
activate your account.
410-487-SECU • 800-TRY-SECU or withdrawals at SECU branches
SecuMd.org and ATMs (continued on page 2)
Our newest branches “Check 21”— how will this new law affect you?
welcome you! “Check Clearing for the 21st Century”
(also known as “Check 21”) is a
national law that will take effect on
October 28, 2004.
This new legislation was created to
make transporting checks between
financial institutions easier by allow-
ing the use of substitute checks. As a
result, checks will clear faster from
Our Columbia branch in the Long
Reach Village Center opened in March. Introducing substitute checks As Check 21 regulations are final-
ized, we will provide more detailed
This new legislation may change the information on your rights and
look of checks that you receive from responsibilities.
SECU such as check copies requested,
online images and a returned item
(or check) that you deposited.
Scam e-mails ask for
Check 21 states that a copy of a check
can now be forwarded and used in
the same way as an original printed
The U.S. Department of the Treasury
Our Rossville branch at 7906 Rossville check. These copies or substitute
and the Internal Revenue Service
Blvd. in Baltimore opened on June 21. checks, called Image Replacement
(IRS) are warning taxpayers about
Documents (“IRD”), have specific
an e-mail “phishing” scheme. Scam
guidelines defining what is a legal
Lower Visa card rates copy and what is not.
artists are sending consumers e-mail
(continued from page 1) messages claiming the recipients are
under investigation for tax fraud and
To apply for a SECU Visa card, visit The Image Replacement Document
are subject to prosecution.
www.SecuMd.org and type “Visa” in or substitute check:
the Search box. Or ask for an applica-
1) must have all of the original check The e-mail message directs them to
tion at your SECU branch!
information, an official-looking website where
†APR = Annual Percentage Rate. Rate is determined by detailed personal information such
application and credit history. Visit www.SecuMd.org for 2) must have legible information,
rates and more information. as Social Security numbers, driver’s
license information and bank, credit
3) must state, “This is a legal copy of union and credit card numbers must
Home Equity Line of Credit your check. You may use it the be provided to dispute the supposed
same way you would use the tax fraud charge.
RATES AS LOW AS
3.5% APR** All financial institutions are required
Never provide personal informa-
tion from unsolicited e-mails. This
**APR = Annual Percentage Rate. Rates as low as 3.5% to accept these items but the Federal phishing scam is an attempt to steal
APR. Line of credit rate is Prime minus ½% with a mini- Reserve has not yet completed the the individual’s identity and use this
mum rate of 3.5% APR and a maximum rate of 18.00%
APR; Prime rate was 4.00% as of 6/23/04 and may change. final regulations. personal data to file fraudulent tax
The rate is determined by application and credit history. returns, take over financial accounts,
Minimum initial draw is $10,000; up to 80% Loan to
Value (LTV). Credit lines up to 100% LTV also available.
Since checks may now clear through and even apply for loans, credit cards
SECU pays for appraisal, credit reports and closing costs your account much faster, please make or other services in the victim’s name.
on your first SECU Home Equity Line of Credit (one per sure that your checking account has
primary/secondary residence), subject to credit history.
Closing costs range from $650 to $850 on a $10,000 line available funds for all of the checks Taxpayers who receive a suspect e-mail
of credit. Adequate property insurance required. If loan you’ve written. Avoid “bounced” should call the fraud referral hotline
is paid off within 24 months of original note date,
closing costs must be reimbursed to SECU by borrower. check or returned item fees—never at 1-800-366-4484 or call the IRS at
Consult your tax advisor for deductibility of interest. count on “float” for checks. 1-800-829-1040.
For more information, call SECU Credit Union: 410 -487- SECU or 800 -TRY-SECU
Buy a Chrysler, Jeep Free online financial information
or Kia at our August Learn more about handling your Real Estate Rewards
Antwerpen Car Sale finances with our free online re-
sources! You may already be familiar Learn how you can earn a rebate
with our online calculators and check for buying or selling your home
Where can you go for a pleasant and
newsletters, including Home & Family through our free Real Estate Rewards
stress-free car-buying experience?
Finance and the kid-friendly articles program. Go to the Mortgage page
Antwerpen Motorcars! Choose from
and games on the Googolplex site. on our website for the Real Estate
new and used Chryslers, Jeeps and Kias
at our Antwerpen Car Sale on August
We’re adding information all the
13 and 14, 2004. SECU loan officers
time, so go to www.SecuMd.org and You’ll find home buying and selling
will be on site to help you get low-
use the “News & Resources” button tips plus links for community in-
rate SECU financing. To find out which
for the latest in financial education. formation (schools, crime statistics
price range suits you best, call 410-
and property values). You can even
487-SECU or 800-TRY-SECU (option
8) before the sale, for pre-approval. Try our free online retirement get a free estimate of your home’s
Antwerpen’s bigger selection means
more choices for you, so don’t miss Does retirement seem too far away to
this event! Antwerpen will increase save for? The sooner you get started, NEW! Apply online for a
its inventory of quality used cars by the more money you’ll save! Visit our
20%, just for our sale. They have used new online retirement planning
vehicles for every price range, from center, Retirement Central, to map Now you can apply online anytime for a
$2,995 to $40,000. out your retirement savings plan. mortgage! Visit our website and click on
the “Loans” button or type “mortgage” in
Dates Retirement Central offers a “life the Search box. On our Mortgage page,
stages” approach to retirement plan- click on the “Apply Online Now” button
• Fri., Aug. 13 (9:00 a.m. to 9:00 p.m.)
ning, with links to our IRA Service to reach our mortgage application and
• Sat., Aug. 14 (9:00 a.m. to 7:00 p.m.)
Center if you want to apply for an IRA. information section.
Location On www.SecuMd.org, go to the In that section, use the “Resources” button
Antwerpen Motorcars, Ltd. “News & Resources” button. On our for links to a glossary of mortgage terms,
6440 Baltimore National Pike Current Promotions & News page, calculators, explanations of fees and
(Route 40) look for the Retirement Central link. answers to general mortgage questions.
Baltimore, MD 21228 Or use the link on our IRA page.
Free hotel package
when you buy a car
Antwerpen Motorcars will give you
3-day/2-night hotel accommo-
dations for select destinations
(including Orlando, Ft. Lauderdale,
Palm Beach, Williamsburg, Branson,
Las Vegas, Sedona, or Puerto
Vallarta) when you purchase a
vehicle with a SECU auto loan
during this sale. Plus, enter to win
a $250 gas card—no purchase
Limited time offer; visit www.SecuMd.org or call
SECU (option 8) for terms and conditions.
Visit SECU Credit Union, anytime, on the Internet: SecuMd.org
Contact SECU How to cut your auto insurance premiums
On the Internet SECU has partnered with Nationwide SECU members may be eligible for
http://www.SecuMd.org Insurance to provide our members special auto insurance rates!
affordable insurance programs. Try
By telephone these tips to keep your auto insurance For a comprehensive review of your
premiums down: auto insurance needs, please call the
Call one of the phone numbers
Corrigan Insurance Agency at 301-
below and select option 8 for • Increase your deductible to lower
our Contact Center, Monday – 474-4111 or 410-792-8090, or send
your premiums. an e-mail to: corriganagency@
Friday, 8:00 a.m. to 7:00 p.m.
and on Saturday, from 9:00 a.m. • As your car gets older, eliminate nationwide.com.
to 1:00 p.m. collision and comprehensive
coverages or raise the deductible.
410-487-SECU (7328) • Consolidate your policies. Ask Holiday Schedule
about discounts if you insure both
Other areas, toll-free:
your home and your car through
800-TRY-SECU (800-879-7328) SECU branches and offices will be
the same insurance company.
24-hour Expressline: press “1” closed on September 6, 2004
• Add anti-theft devices such as an (Labor Day) and on October 11,
24-hour loan applications: alarm—and use them. 2004 (Columbus Day).
• Secure your parked vehicle.
888-643-9777 Win $100 in our “Read to Win” drawing!
TDD, Baltimore area:
410-487-7905 Any SECU member who completes this ACROSS
TDD, other areas, toll-free: crossword puzzle and mails it to SECU 1. We’re _______ our online Bill Pay fees from
by August 16, 2004, will be entered into July through December 2004.
888-833-7328 a drawing to win a deposit to his or her 6. Ireland (abbrev.)
Share Savings account! The drawing’s 7. The Treasury and the ___ are warning consumers
about e-mail “phishing” scams.
First Prize is $100, the Second Prize is 9. These pieces of mesh are used by fishermen.
$50 and the Third Prize is $25. Mail 10. “Check 21” is a new ___ that will affect how
your completed puzzle with your name, quickly checks will clear.
Member Number and daytime phone 11. Nickname for “Alexander”
number to: “Read To Win Drawing,” P.O. 15. Emergency Room (abbrev.)
SECU Credit Union of Md., Inc. Box 2337, Baltimore, MD 21203-2337. 17. Earn a rebate for buying or selling your home
971 Corporate Boulevard through the Real ______ Rewards program.
Linthicum, MD 21090-2337 See our website or call SECU for complete drawing rules. 20. Use your SECU _____Visa® card to transfer
Please do not include deposits or forms with your entry. balances from higher rate bank cards.
Board of Directors 1 2 3 4 5
1. Stop by our Antwerpen Car Sale and enter to
John D. Kenney, Chairman; 6 7 8 ___ a $250 gas card; see page 3 for details!
2. Call SECU’s Contact Center at 800-TRY-SECU
Donald Tynes, Sr., Vice Chair- 9 10 (option 8) outside the greater Baltimore ____.
man; Mark A. Reger, Treasurer; 3. We’ve lowered the rates on our ____ credit cards!
Janet Q. Bacon, Secretary 11 12 4. Major river flowing through Egypt
5. SECU’s credit cards offer a 25-day _____ period.
13 15 16
Directors: Dr. John W. Dorsey, 14
8. Southwest (abbrev.)
Ellen C. Gardner, Timothy G. 17 18 19
12. Piece of land with fixed boundaries
La Valle, John G. Luber, Gayle 13. Buy a Chrysler, ___ or Kia at our Antwerpen Car
Sale on August 13 and 14.
M. Seward; Directors Emeritus: 14. Street (abbrev.)
Major Melvin W. Fisher, M. 16. Quantity of paper, usually 500 sheets
Lorraine Hebrank and Henry 20
18. Very appropriate, quick to learn
A. Heinmuller, Jr. 19. Length of time too long to measure
Please print: Name __________________________________ E-mail address_________________________________
Member Number ______________________ Daytime Phone Number ( ________ )______________________________