New car loans as low as

Carl West New car loans as low as Have you been putting off that new car purchase? Deals have never been better for the consumer, and that goes for loans too! CCCU is ready to work with you on the car loan to fit your lifestyle. Don’t miss out on this great opportunity to get rates as low as 4.99%* on loans for 2005 to 2009 model year vehicles or 5.99%* on 2001 - 2004 model year vehicles. You could save hundreds or even thousands of dollars at these rates. Stop by one of our convenient locations or call our loan department at 513-241-2050 to get pre-approved for your auto loan today. Make sure to stop by our website to learn about special discounts from GM available only to credit union members. Go to www.cccu.coop and click the link at the bottom right of our home page. Don’t miss out on this great opportunity! 4.99 %* We are very happy to introduce the newest member of the CCCU Board of Directors, Carl West. Carl has been a member of CCCU for over eleven years. He attended Earlham College and received his Bachelor of Arts in Human Development and Social Relations. Carl then attended DAAP, U.C. for his Masters Degree of Architecture. At thirty-two years young, Carl is a champion of both the Credit Union and Cooperative movements. Working for his father’s businesses, Cooperative Builders and Cooperative Janitorial Services, inspired Carl to pursue a career in architecture. It also illustrated for him the value of the cooperative business model. Looking forward, Carl sees his career developing in community oriented architecture, where design and construction are focused on community and sustainability. Please join us in welcoming and thanking Carl for becoming the newest member of CCCU’s Volunteer Board of Directors. The “10 Million Dollar Auto Loan Extravaganza” absolutely ends August 31st. *Individual rates based upon credit worthiness. Cincinnati Central Credit Union is a member-owned financial cooperative. Our mission is to improve the economic and social well-being of each member by providing a full range of quality services through a safe, sound and professionally operated business. Do you have a friend or family member that is impossible to buy for? Do you have a son or daughter heading away to college that could use a little help? June 30, 2009 The mid-year report for 2009 finds continuing challenges for CCCU and our members with the current recession dragging on for more than a year and a half. Economists from the Credit Union National Association (CUNA) are predicting that the economy will continue to contract through the second and third quarters of this year and hit bottom sometime later this year. They expect the economy to start growing in the fourth quarter of 2009. Changing consumer behavior will alter the nature of the upcoming economic recovery. Because household income declined 18% in 2008, members have a strong incentive to increase their savings rate. Retirement accounts will have to be funded through savings and not rising home prices. CCCU has the right savings instruments for members including Money Market Accounts, IRA and Roth IRA accounts. These savings accounts compliment the great checking accounts and prepaid debit cards offered by CCCU. Even when the economy starts to recover, unemployment will continue to rise with a projected unemployment rate of over 10.5% by mid-year 2010. The result of the economic situation for CCCU is increased delinquencies in our loan and credit card portfolios and increased charge offs where losses are charged to current earnings. CCCU continues to be committed to working with our members and helping them through these difficult times. There are better alternatives than bankruptcy, and CCCU loan officers are here to help find a solution to member problems. CCCU has built up 11.5% in net capital since its beginning in 1937, and this net capital provides a great “umbrella” to weather the storm of the difficult times and increased losses and continues to provide quality products and services to the members. We are projecting an operating loss for 2009 based on delinquency and loan losses. This is a good use of the net capital. CCCU continues to work on convenient ways members can access and use the services of their credit union. “Share Branching” is now fully operational and members can perform a transaction at over 3,500 locations worldwide. In the first month of shared branching CCCU members have performed transactions in sixteen different states. Also, very convenient and cost effective are the electronic services available through the new CCCU web site - www.cccu.coop. High quality services are available at the CCCU “e-branch” including electronic bill pay and electronic statements. Please join me in welcoming new board member Carl West. Carl brings enthusiasm for the cooperative principals and cooperative business model and the perspective of a younger generation of members. There is an article about Carl on the front page of this newsletter. Have a safe, relaxing and enjoyable summer! Did you know CCCU offers Visa® Prepaid Gift Cards online and at all the branch locations? The Visa® CCCU Prepaid Gift Card is a prepaid debit card that works like a traditional credit card. CCCU Prepaid Gift Cards are the perfect choice for CCCU members who want versatile, convenient alternatives in gift giving. Gift givers no longer have to guess what their intended recipient may like or limit merchant gift cards they purchase to retailers near the recipients. And best of all, the recipient has the freedom to choose how they spend their CCCU Prepaid Gift Card, at any merchant that accepts Visa® Debit Cards. Each purchase made using the gift card is subtracted from the balance on the card until the card balance is used up. Visa® Prepaid Gift Cards are one of the latest and most popular products Cincinnati Central Credit Union offers its members. With the Visa® Gift Card, the choices are unlimited. To find out more about the Cincinnati Central Credit Union Visa® Gift Card, click the link on our Website, www.cccu.coop or call or visit one of our convenient branch locations. William A. Herring President/CEO CEDAR POINT Good Any Day $35.00 • A savings of $8.99 (age 3 and older, 48” or taller) CONEY ISLAND Member Appreciation Tickets – Pool, Rides Plus All-Day Unlimited Soft Drinks – Good Any Day Age 4+ $18.00 • A savings of $3 plus the price of all of the soft drinks you can drink that day Ages 2 & 3 $10.50 • A savings of the price of all of the soft drinks you can drink that day Pool, Rides Good Any Day Age 4+ $14.00 • A savings of $7.95 Ages 2 & 3 $8.50 • A savings of $2.45 Junior/Senior (62+) $16.99 • A savings of $3.00 (age 3 and older, under 48” in shoes) Ride & Slide $66.99 • A savings of $7.00 Good Any Day Soak City $23.99 • A savings of $6.00 (age 3 and older, 48” or taller)* (age 3 and older, 48” or taller) Age two and under admitted free. *Tickets valid for admission for one person to both Cedar Point and Soak City on the same two days. CINCINNATI ZOO Adult $9.50 • A savings of $3.50 Child (ages 2 – 12) $6.00 • A savings of $3.00 Senior (age 62+) $6.00 • A savings of $3.00 Under 2 • admitted free NEW THIS YEAR! Members can go online to https://tickets.cincinnatizoo.org/ and order their tickets online. Members need to log on with CCCU to order tickets. KINGS ISLAND Good One-Day, Any Day Adult • $30.99 • A savings of $17.00 Junior/Senior • $26.99 • A savings of $5.00 (age 3-6, under 48”/60+) Adult Two-Day • $46.99 • A savings of $1.00 Parking Tickets • $10.00 Age 2 and under admitted free. Prepaid Debit Cards can fulfill many typical and unique purchasing and payment needs CCCU members have. They provide additional benefits like preset spending with no risk of overspending, and protection from the risks associated with using personal credit or debit cards for online shopping. Until recently, consumers who did not have access to traditional credit or debit cards typically had to deal in cash and paper checks, often incurring additional expense and inconvenience to perform typical transactions. CCCU offers the Visa® Prepaid Debit Card at all the branch locations and online. It’s a prepaid debit card that can be used again and again as needed, and it can be used anywhere Visa® Debit Cards are accepted. To find out more or to purchase the Cincinnati Central Credit Union Visa® Prepaid Debit Card, click the link on our Website, www.cccu.coop, or call or visit one of our convenient branch locations. THE BEACH Adult $15.50 • A savings of $12.49 Child $8.50 • A savings of $2.00 (48” and under) Age 2 and under FREE NEWPORT AQUARIUM Adult $18.00 • A savings of $2.00 Child (2-12) $11.00 • A savings of $2.00 Under 2 admitted for free. AGAIN THIS YEAR: Members of CCCU can go directly to a website – https:// tickets.thebeachwaterpark.com under CCCU - order and print tickets from their PC at the CCCU discounted price. We are collecting school supplies and donations to benefit the Price Hill Back-to-School Fair. Each year, the fair provides free school supplies, health screenings and hair cuts to 900 children in Price Hill. The Price Hill Back-to-School Fair will be held on Saturday, August 8, 2009 from 10 am to 1 pm at St. Lawrence Church, 3680 Warsaw Ave., Cincinnati, OH 45205. The fair is organized by Santa Maria Community Services, an agency founded in 1897 that provides a host of free community services to those in need. Savings All percentages are stated as APY (Annual Percentage Yield) Have you been to the new CCCU Website? With easier navigation, you can quickly find programs to help you increase a valuable asset... your time. CCCU has several programs to allow you the time to do the things you really want to do. Electronic Bill Pay or E-bill is a free service to any member with a checking account. It allows you to pay your bills electronically to save you time and money. No more checks to write or stamps to purchase. It couldn’t be easier! To sign up for Electronic Bill Pay, log into your “e-branch”, look for the red button next to your checking account balance named “Bill Pay”. Just click on the button and you’re off! E-statements are the fastest, easiest way to receive and view your statements, and are a great way to help the environment by reducing paper use. To sign up for E-statements, go to our Website at www.cccu.coop and simply log in to “e-branch” and click on the “E-statement” button at the top of the page. Just complete the brief sign up process and you’re done. CCCU has also expanded its convenient branching options by becoming part of the Shared Branching Network. Shared Branching is a partnership between participating credit unions nationwide, allowing their members to go to the branches of other participating credit unions to carry out basic transactions free of charge. With its network of more than 3,500 locations nationwide, Shared Branching will provide greater accessibility to funds, even when members are out of town. Saving, Christmas & Vacation Accounts IRA Savings 0.25% 1.00% Money Market Balance between $2,500 and $24,999.99 Balance between $25,000 and $49,999.99 Balance between $50,000 and $99,999.99 Balance between $100,000 and over 0.60% 0.75% 1.00% 1.25% Term Share Certificates & IRA Certificates Term 3 months 6 months 12 months 18 months 24 months 36 months 48 months APY with Checking and Credit Card APY with Checking or Credit Card Regular APY 1.85% 2.20% 2.45% 2.60% 2.75% 2.95% 3.25% 1.60% 1.95% 2.20% 2.35% 2.50% 2.70% 3.00% 1.35% 1.70% 1.95% 2.10% 2.25% 2.45% 2.75% Savings and Investment Rates as of June 10, 2009 Loans All percentages are stated as APR (Annual Percentage Rate) Personal Loans As low as 9.24% with approved credit* * Your rate may be higher depending on your credit Rates are subject to change. The credit union is not responsible for any misprints. Please call and verify rates, dates and other information. Loan rates in effect as of 4/1/09.* Rate based on creditworthiness of individual applicant. ** $220 Closing Cost on all Home Equity Products - can be reimbursed if a member has a checking account OR member has an auto transfer payment AND $1000 CD or $2500 savings balance. For more information about any of these services, stop in to any of our branch locations or give us a call at 513-241-2050 or 1-800-582-7536. CCCU is dedicated to providing you with the best financial products and services available. Personal Lines of Credit Central LINE Prime + 6% Central LINE Plus (50% Share/Savings Secured) Prime + 3% Central LINE Premium (100% Share/Savings Secured) Prime + 0% Overdraft Line of Credit 17.0% Visa Platinum 9.49% to 17.24%* Visa Platinum – Rewards 10.99% to 18.74%* MasterCard Classic 9.74% to 17.49%* MasterCard – Rewards 11.24% to 18.99%* MasterCard Secured 18.99% fixed Share Secure Loans (up to 60 months) 5.00% Home Equity Loans** Up to 90% LTV 5 years Up to 90% LTV 10 years Up to 90% LTV 15 years as low as 4.49%* with approved credit as low as 4.74%* with approved credit as low as 5.24%* with approved credit * Your rate may be higher depending on your credit. Home Equity Lines of Credit** Up to 90% LTV Vehicle Loans 2005 – 2009 2001 – 2004 Prime + 0% with a minimum of 6% Rate with Checking OR Credit Card Regular Rate As low as 4.99%* with approved credit As low as 5.99%* with approved credit Rate with Checking AND Credit Card As low as 4.99%* As low as 4.99%* with approved credit with approved credit As low as 5.99%* As low as 5.99%* with approved credit with approved credit Recreational Vehicle Loans As low as 8.24% with approved credit* This is to CERTIFY that each member account in this credit union is insured to a maximum of $250,000 by AMERICAN SHARE INSURANCE, a credit union share guaranty corporation. MEMBERS’ ACCOUNTS ARE NOT INSURED OR GUARANTEED BY ANY GOVERNMENT OR GOVERNMENTSPONSORED AGENCY. THIS INSTITUTION IS NOT FEDERALLY INSURED. CCCU strives to conditionally match the rates of other financial institutions. Please call for more information. Main Office • 1717 Western Ave. • Cincinnati, OH 45214 Phone: 513-241-2050 • Fax: 513-241-8018 Carthage Office • 7000 Vine St. • Cincinnati, OH 45216 Phone: 513-563-4488 • Fax: 513-563-4489 Western Hills Office • 5625 Harrison Ave. • Cincinnati, OH 45248 Phone: 513-451-3800 • Fax: 513-451-6534 Over-the-Rhine Office • 1800 Vine St. • Cincinnati, OH 45210 Phone: 513-241-1109 • Fax: 513-241-1363 Loan Dept. Fax: 513-241-6093 Toll-free: 800-582-7536 SUPERteller: 513-241-5353 or Toll-free: 800-336-5353