Los Angeles, CA
Events & Holiday Observances A PUBLICATION FOR MEMBERS OF F&A FEDERAL CREDIT UNION • WINTER 2011/2012
Martin Luther King Jr. Day, Mon., January 16th
Presidents’ Day, Mon., February 20th P.O. Box 30831
76th Annual Meeting, Sat., March 10th Los Angeles, CA 90030-0831
2625 Corporate Place 1-800-222-1226
Monterey Park, CA 91754
13303 Hadley Street
Whittier, CA 90601
For Everyone in the Household at:
P.O. Box 30831
Los Angeles, CA 90030-0831
Telephone Services Center
Mon., Tues., Thurs., Fri. 8:00 a.m. - 5:00 p.m.
Wednesday 9:00 a.m. - 5:00 p.m.
(Telephone Banking 24 hours a day)
Mobile Site: m.fafcu.org
iPhone and Android Apps Available
Two Great Locations to Serve You
CU Service Federally Insured
Centers by NCUA We are very proud to welcome Whittier Municipal
Employees Federal Credit Union (WMEFCU) to F&A.
WMEFCU is a great complement to our Credit Union,
2012 Board Election and this merger will help us grow and continue to
The call for candidates came to a improve our financial solutions and services for you,
close on November 30, 2011. There our members.
will not be an election this year We look forward to a great future together!
as only three candidates filed for
nomination with three positions Monterey Park Location:
available. As per our bylaws, an
election is only required when
2625 Corporate Place
there are more candidates than Monterey Park, CA 91754
vacant positions. Hours: Mon-Fri: 9:00am – 4:00pm
Three incumbent board members
will retain their positions and
(Formally Whittier Municipal Employees FCU)
serve a three-year term.
13303 Hadley Street
They are: Whittier, CA 90601
William Blackburn Hours: Mon, Tue, Thu, Fri: 9:00am – 5:00pm
Chris Bundesen Wed: 10:00am – 5:00pm
S Hareholder A PUBLICATION FOR MEMBERS OF F&A FEDERAL CREDIT UNION • WINTER 2011/2012
A Branch in Your Pocket!
F&A is Everywhere You Are with Mobile Banking Solutions
Have you checked out our mobile banking solutions yet?
Mobile Banking Features: Now you can bank how you want, when you want with
• Accounts You can check your F&A’s FREE* Mobile Banking Solutions.
account balances including loans
and view account history directly
To download the iPhone or Android App, go to the iTunes
from your phone. Store or the Android Market and search FAFCU. Once
you have downloaded the App, login using your Home
• Transfers F&A’s Mobile Banking Banking member number and password.
solutions make transfering funds
between your accounts, loans or other Have a web-enabled phone but don’t want the App?
member's quick and easy.
You can see your accounts through our Mobile Browser by
• Bill Pay When away from your entering m.fafcu.org on your Internet browser.
computer, it's a great way to pay your
bills on the go. (You must be an eBill Pay user
in Home Banking to access)
• Rates View our current great rates to
compare on the go!
• CO-OP ATM & CU Service Center
Locators Access our easy-to-use
locators to find a surcharge-free ATM
or Shared Branch near you.
• Text Banking It's never been easier to
check your share account balances,
view share account history and transfer
funds between your share accounts.
Do it all with a simple text!
That’s okay! We have Text Banking** too. Just sign up for Text Banking
in Home Banking and you will soon be able to start sending commands
to get share account balances, short transaction history or share-to-share
transfers within your account.
ie aila Page
For additional questions, just visit our website
itt Av ack
at www.fafcu.org or call us at 1-800-222-1226.
* F&A does not charge a fee for members to use any of our Mobile Banking solutions.
Standard wireless text messaging & data rates may apply. Check with your wireless carrier.
W W On B
ur NO tails
** Some features not available in Text Banking.
O s De
WWW.FAFCU.ORG • 1-800-222-1226 i
One Card-One Words From the Chairman
Payment... And A
We are now over provide true value to its members. Whether
Low Interest Rate! four years into one of you or a family member are looking for a
the worst economic new financial institution or just want to
At F&A, we understand that downturn since the Great evaluate your current financial institution,
making minimum payments to Depression. When will make sure that you do your homework and
multiple credit card companies it all end is anybody's make sure that you compare.
can be stressful, costly and take guess, but the “experts” There are many reasons that we perform
forever to pay off at a higher have opined that it could so well. We are a very efficient operation, in
interest rate. It’s time to simplify Jesus Burciaga last years or may start to fact one of the most efficient in the country.
your life and consolidate them turn around by late 2012 Our operating costs are one of the lowest
to one card—one payment. We or 2013. The fact is no one really knows. and we limit risks in both our lending as well
offer two credit card programs What we do know is that the financial as the investment of funds that we do not
that let you pick the feature that is condition of F&A remains very strong. lend to our members.
most important to you. F&A’s Low We also know that in times like this the But most of all, we recognize that we are here
Rate VISA® offers a variable rate as strength of your financial institution to serve our members. In a recent analysis
low as 7.90% APR* or earn bonus is more important than ever. Weaker performed by the Raddon Financial Group,
points towards cash, travel and financial institutions will pay less for your we received the highest rating for their
gifts with our Rewards VISA® with deposits and charge more in fees or calculated “Member Value Score” of any
a variable rate as low as 8.90% APR. loan rates. surveyed credit union. This score quantifies
Tired of paying F&A has total reserves and equity in excess an organization’s benefit to its members.
those high- of 14%. This is far greater than required This analysis also measures an organization’s
by law and is actually one of the highest financial stability, participation by its
Then it’s time to
capital ratios of any financial institution in members and the earnings returned
consolidate them into an the country. F&A has an ongoing strong to members.
F&A VISA® Card. Visit us and consistent bottom line, producing net Our goal has always been and continues to
at www.fafcu.org for rates income that exceeds most other credit be, to provide the best possible return to
and program details or call us unions. F&A is consistently ranked as a our members and at the same time assuring
at 800.222.1226. top-performing credit union by outside a safe and secure financial position for our
companies such as Weiss Rating, Bank Rate Credit Union. Our entire staff is very proud
Both programs offer: and Bauer Financial. We also receive the to serve our membership at this high level.
• Competitive low variable rates highest ratings from our federal regulatory
• Credit lines ranging from body, the NCUA. On behalf of all our Volunteer
$500 up to $25,000 Officials and Staff, I wish you a happy
All these factors point to a strong, efficient
• 21-day grace period and prosperous New Year.
organization and one that continues to
• No Annual Fees
• No Cash-Advance Fees A New Year…
• No Balance-Transfer Fees
• No Over-Limit Fees
A New Beginning
• Free Overdraft Protection We all want to achieve certain financial
• No-cost Fraud Protection goals in our lives, but knowing where to
with $0 deductible begin isn't always easy. Our Investment
Center available through CFS* can help
*APR= Annual Percentage Rates.
Rates are subject to change without notice and terms and conditions
you get a fresh start with a comprehensive
apply. Rates are accurate at time of publication. Your actual rate is deter- financial management program designed
mined by your FICO Score and Visa Card type. No one plan for investment is ideal
exclusively for you. Since everyone's
financial needs are different, you need for everyone. Your portfolio should be
Free Estate to determine if your goals are realistic. To tailored to your individual financial needs,
Planning Seminar begin the investment process, consider risk tolerance, and be flexible enough that
the following: it can be modified as you get older and
Avoid probate, minimize estate your needs may change.
• How much money will I need?
taxes and protect your loved ones. • When do I need the money? Our CFS* Financial Advisor, Howard Wess at
Where: F&A Federal Credit Union • What type of performance do I expect from FAFCU, can help you develop a personalized
2625 Corporate Place my investment? financial plan that fits your needs and lifestyle.
Monterey Park, CA 91754 • What is my tolerance for investment risk? For your free, no obligation consultation,
When: Tuesday, January 24, 2012 • Am I adequately insured? call 800.222.1226 ext. 5940 today.
10 am and 2 pm
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ("CFS"), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products
For reservations, call offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal.
800.222.1226 Ext. 5236 Investment Representatives are registered through CFS. F&A Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Real Estate Rates Remain Historically Low Looking For
While other institutions are facing
A Fresh Start
lending difficulties, at F&A, we remain
strong and able to offer a variety of Your Credit Union has partnered with
Real Estate loans that may save you BALANCE, a financial fitness program
thousands. Whether you’re looking to that provides information to help
shorten your term, lower your payments, you achieve your goals.
or save money by refinancing your BALANCE provides F&A members with
mortgage, we can help ease the loan comprehensive, professional assistance
process. With our great rates, it’s easy to with all aspects of personal finance.
find a loan that fits your needs. You can access these free,
We also offer a great Home Equity confidential financial counseling
Line of Credit (HELOC), this variable services six days a week.
rate line of credit, allows you to access BALANCE counselors are available:
the funds at any time, for any purpose: Monday - Thursday: 5 a.m. - 8 p.m. (PST)
remodeling, buying a car, going on Friday: 5 a.m. - 5 p.m. (PST)
Saturday: 8 a.m. - 5 p.m. (PST)
vacation or paying for education. Why
not put the equity in your home to For more details, visit us at
work for you and possibly even get a www.fafcu.org or call a
tax break.* BALANCE counselor toll-free at
888.456.2227 and let them know
For current rates and terms,
you're a member of F&A Federal
visit us at www.fafcu.org or call Credit Union.
800.222.1226 ext. 5993 for more
76th Annual Meeting
*Contact your tax advisor to discuss your particular situation. Dinner Dance
Join us as we celebrate with a
F&A's Your Destination Mexican Fiesta!
The affair is caliente and sizzling
For A Great Auto Loan with excitement!
Did you know your Credit Union still
offers some of the lowest auto loan
rates of any financial institution? Now is
a good time to take advantage of huge
savings, whether you're purchasing a
new or used vehicle. We can even save
you money by refinancing your current
loan from another financial institution.
Take a look at these great rates:
Loan Type as low as Crown Plaza/Commerce Casino
Date: Saturday, March 10, 2012
New Auto Loans 1.99% APR*
Time: 4:00 - 11:00 p.m.
Used Auto Loans 2.25% APR* Dress Attire: Festive Casual
Used Auto Refinance** 2.99% APR* Deadline: March 2, 2012
Tickets: $35.00 per person
And, with Autoland, our free in-house Includes: Reception, Mexican
Buffet, Entertainment, Dancing,
auto-buying service, you get the Gifts and Prizes!
selection of a dealership at a great price. For additional details visit www.fafcu.org
Shop for your next new or used car from We are sensitive to your dietary needs,
or call us at 800.222.1226 advance notice required.
the convenience of your home or office.
Simply log on to www.fafcu.org and * APR = Annual Percentage Rate. Additional terms and conditions Make your reservations early!
may apply. Rates and terms subject to change without notice.
click on the Autoland banner or call your Call 800.222.1226
**Refinance from another institution (no private parties or F&A
Autoland Consultant, Jorge Rivas, at loans) up to 110% high blue book value, with minimum loan amount Olivia Ortiz - Ext. 5212 or
800.222.1226 ext. 5923 today! of $10,000.00. Additional terms and conditions may apply.
Eileen Wert - Ext. 5907