www.Niagarafallsafcu.com I 2420 Olmstead Street, Niagara Falls, NY 14304, 716-297-4034, Fax 716-297-1223 I July 2012
LOOKING TO REFINANCE YOUR OUR SERVICES
CAR LOAN OR IN THE MARKET Home Banking Service
FOR A NEW CAR? Share (Savings) Account
CHECK OUT OUR Share Draft (Checking) Accounts
Holiday Club Accounts
NEW CAR LOAN RATES!!!!
Youth Accounts ($50.00 Balance)
RATES AS LOW AS 1.99% FOR NEW
AUTO & 3.49% FOR USED AUTO!
Certificates of Deposit
CALL OR STOP IN TODAY FOR Money Market Accounts
MORE INFORMATION (Monthly Dividend)
Visa Debit Cards & Visa Gift Cards
GET IN GEAR WITH A CREDIT UNION CAR LOAN Certified Checks
If you need new wheels, you’re not alone. * Get a pre-approved loan from the credit Automatic Loan Payments
Because of the ups and downs of the economy, union. With a loan in hand, you have more Wire Transfers
many consumers have held onto their vehicles shopping flexibility. Just don’t let on to Postage Stamps
longer than in the past. While it makes the dealer that you have been pre-
financial sense to not trade cars too frequently, approved. Financing is a profit center for Overdraft Loans
there is a point at which repair costs reach the dealers and they will try to make up any ATM Machine-Lodging Bldg.
tipping point, and you need to be back in the lost profit on something else. And how & Base Exchange, Bldg. 805
market for a vehicle. If so, here’s a quick about those no-or-super-low interest
refresher on car buying: dealer rates? Be aware that there are many (FREE TO MEMBERS)
restrictions, included being limited to the Notary Service
* Like a good Boy Scout, be prepared. Do your purchase of certain models. Home Equity Loans (Fixed & Variable)
homework to narrow your choices. There are
numerous online sources and other recourses * Save the excitement until you are driving Voice Response System
such as the April issue of Consumer Reports. away. Buy with your head, not your heart. Home Mortgages
Real Time ATM/Debit Card Processing
HOME ECONOMICS: THERE’S STILL
MONEY IN THE HOUSE HOURS AND CONTACT
Tapping the equity in your home can be a tax-
advantage way to borrow money because the
interest may be tax-deductible. Check with Office Hours
your tax advisor for details. Monday – Thursday
A home equity loan is an ideal way to 9:00 A.M. – 3:30 P.M.
borrow for home improvements especially if Friday 9:00 A.M. – 4:00 P.M.
you plan to remain in your home. According to 914th UTA’s 9 A.M. - 1 P.M.
Remodeling Magazine’s annual cost-versus-
value survey, updating a kitchen can return
some 70 percent, while a major overhaul will Office Location
recoup about 65 percent. But not having 2420 Olmstead Street, Niagara Falls, NY 14304
appliances from the Carter administration? Fax 716-297-1223
Priceless! You could expect to recoup about 60
percent of the cost of remodeling a bathroom,
about 70 percent of the cost of adding an attic Phone Lines
Sure home prices have dipped. But if you’ve bedroom, but only 40 percent on the addition of 236-2085 298-1533
owned your home for a number of years, a home office or sunroom. But again, the added 236-3184 297-4034
chances are, you’ve earned equity in it. That convenience or the extra space may well be
means a home equity loan from the credit union worth the price to you. VRU
may provide you with the funds you need for Whatever your credit union needs, check
home improvements, tuition, a vehicle, debt out the great rates and convenient terms on a 297-4447 297-4448
consolidation, or any productive use of credit. home equity loan from the credit union. 1-800-795-3912
HOLIDAY CLOSINGS: Wednesday, July 4 2012 - Independence Day, Monday, September 3 2012 - Labor Day
Niagara Falls Air Force Federal Credit Union www.Niagarafallsafcu.com I 2420 Olmstead Street, Niagara Falls, NY 14304, 716-297-4034, Fax 716-297-1223 I July 2012
BACK TO SCHOOL EXPENSES?
HERE’S THE A –B-C ON SAVING MONEY SAVINGS RATES
outgrown shoes and clothes? What supplies LAST QUARTER
are required? Can you cut costs by trading
clothes with friends, gathering supplies from Dividends are paid quarterly on accounts
around the house, or shopping outside the box with an average daily balance of $250.00 or
at thrift stores or yard sales? Once you have more.
an estimate, it’s “A” for “apply.” Get a back to
school loan from the credit union for the CERTIFICATES OF DEPOSIT
amount you will need, so you can shop with
“C” for “cash.” This saves you money two Minimum balance required = $1,000.00
ways. For one, money experts agree that Refer to our website (www.NiagaraFalls
people who have a budget and use cash for afcu.com) for the most current savings rates
purchases spend less than those who don’t and paid on all deposit accounts.
Help with those back to school expenses is as use a credit card. And two, department store
easy as A-B-C, but smart shoppers will start charge cards can have interest rates as high as
with “B” for “budget.” Figure out what your 28 percent or even higher. Get the school year
young scholars will need to return to the off to a good start with a back to school loan
classroom and estimate the cost. Have they from the credit union. LOAN RATES
**All Rates advertised as low as
f.y.i. FOR YOUR INFORMATION... Shared Secured – 2.0%+Share Rate (24 Months)
Unsecured Personal – 8.45% (24 Months)
Don’t Let Your Accounts Go Dormant-Periodically, we notify members of the importance of Overdraft Line of Credit – 17.9%
maintaining active accounts at the credit union. We do this for reasons of safety and soundness Home Equity – 3.99%
for both the membership as well as that of the credit union. Once it is flagged as dormant, you
can reactivate with a small deposit or correspondence from you stating that you want your Vehicle Loans (Auto, Trucks, Motorcycles,
account to stay open. Accounts that are dormant may be assessed a monthly fee. RV’s, Mobile Homes, Air Planes, Boats)
New Vehicle – As low as 1.99%
SHARE SECURED LOANS Used Vehicle – As low as 3.49%
HELP KEEP SAVINGS INTACT (** Interest rate determined by credit score)
You’re working hard to build your savings-maybe for a well-deserved vacation or the down
payment on a house. So when life throws you a curve ball in the form of a medical emergency
or an unexpected car repair, it seems a shame to raid your share account. That’s where a share- DEBIT CARD
secured loan can help. Here’s how it works: You pledge the money you have in your share
savings account as collateral for the loan. This allows you to keep your savings intact at the SAFETY TIPS
same time you have access to the funds from the loan. If you have a few blemishes on your
credit report, a share secured loan offers you a way to start clearing them up. By making Whether you’re in the comfort of
timely payments, you are rebuilding your credit record. Even if you have a high credit score, your home or on the road, it’s important
a share-secured loan can be a smart choice because the interest rate is likely lower than the
rate charged for a cash advance on a credit card. Call us today for details. to protect your debit card at all times.
Your credit union debit card may be the
ultimate in convenience, but you need to
2012 SENIOR MOVING? use it properly. This includes practicing
GRADUATES PLEASE LET US KNOW safety tips that encourage secure and re-
liable use of your card:
Every year the credit union awards two Are your records up to date with the credit
eligible graduating seniors with a union? It is important that you keep all your 1. Never give your card or PIN to
$250.00 cash award. Any senior who is credit union information accurate. That anyone-even family.
planning to continue his/her education, includes your address, phone number, and 2. To protect your PIN, memorize it
must complete an application along with email address. If you have recently moved, or
a letter of acceptance to college in order are planning to move, please let us know. We and don’t write it down.
to qualify. Awards will be drawn on want to make sure all communication and 3. Only use your card when and
August 1, 2012. Applications can be important notices from the credit union reach where you feel most secure. If you are
picked up at the credit union after June you on time. Please contact the credit union uncomfortable, you should not use it.
1st. Good luck to all! with your current contact information. 4. Never leave your card out of sight
when conducting a transaction.
5. When conducting a transaction, use
MEMBER SELF-UNLOCK your hand or body to shield your PIN.
6. After completing your transaction,
For those members who occasionally containing a temporary password you can
forget their passwords for Home Banking, use to login. In order to use this service remember to get your debit card and
we have added a new feature. If you get you have to submit an email address. This your transaction record.
locked out, the login page has a link is done by logging in, click the settings 7. If your card is lost, stolen, or re-
towards the bottom of the page that will tab, scroll down to the bottom of the page tained by an automated bank machine,
begin the process. Once clicked, you will where you will see email address, input notify the credit union immediately.
be asked for your account number and your email address and click submit query
email address. An email will be sent to you and you will be all set up.