Briefs
CommonWealth One Federal Credit Union November 2008
Auto loans as low as 4.24% APR for 72 months Is housing heating
To say that car dealers are willing to negotiate is an up? Don’t miss out
understatement. In this economic climate, they’re practically There are small signs here and
waiting for you at the front door with open arms. So don’t put off there that the housing market
buying any longer. is picking up steam in select
Need more motivation? How about an auto loan rate as low as markets. Sales are increasing,
4.24% APR for up to 72 months? but prices are still down.
We don’t know if this special So if you’re thinking of
limited-time rate, which is moving up or buying your
good through November 30, Auto loan
s as low a first home, do it now. There
s
will ever be available again. So,
don’t wait. Give yourself the 4.24%
APR are fantastic deals in virtually
every housing market.
gift of a new car this year. with check
ing bund Couple that with our
le
Contact CommonWealth special offer on adjustable rate
One for your pre-approved mortgages, and you could end
loan, then start shopping. This up with a valuable investment.
is the time!
Offer reflects .50% discount for electing automatic payments and checking bundle. Checking L I M I T E D T I M E O N LY
bundle includes: checking account, Visa Check Card, E-Statements, and direct deposit/allotment.
Adjustable Rate
10/1 ARM 6.50% APR
Double points + 6.90% APR = double value 7/1 ARM 6.25% APR
on Visa Platinum® November and December 5/1 ARM 6.00% APR
Maximum loan amount is $600,000
Use your CommonWealth One Visa for all your purchases
because the rate is only 6.90% APR on everything you charge
November 1 to December 31 – holiday gifts, entertaining, Certificate special
travel, new furniture, new appliances, a Forget the bad news. At
high-def TV, and more. They’re all CommonWealth One, we
6.90% APR until those purchases are have nothing but good news.
repaid. Because for a limited time,
That’s not all. As a holiday bonus, you can earn 4.00% APY
you’ll earn double CUReward points on our 14-month Share
on charges on your CommonWealth One Visa Platinum with Certificate.
CURewardsTM in November and December, too. A minimum deposit of $2,500 in new
So, take your CommonWealth One Visa Platinum with money and checking bundle are required.
This offer can be discontinued at any time.
CURewards shopping and leave the other charge cards at home
to maximize this great double benefit. 14-month
APR = Annual Percentage Rate, and is based on applicant’s creditworthiness. Share Certificate
4.00% APY
6.90% APR for all purchases from November 1 – December 31, 2008. The APR on this
transaction will remain at the 6.90% rate until repaid. All new transactions made after
this date will revert to prior approval rate. Double points on all purchases only eligible for
Visa Platinum with CURewards card holders. Through this promotion, from November 1
– December 31, 2008, one dollar = 2 CURewards points on purchases only. This offer is non- $2,500 minimum deposit
transferable. For more details, contact us at (800) 424-3334.
Ask how you can get even better rates
LoA n R ATe S (APR as low as)
$7,500 tax credit for first-time home buyers New & Used cars up to 2 years old Fixed Var.
To 72 months1 4.49% 4.49%
A $7,500 tax credit is now available through the U.S. 73 - 84 months1 6.24% 6.24%
Used car: over 2 years old
government for first-time homebuyers if : To 72 months 4.49% 4.49%
• You’re buying your first home or you’ve not owned a home in Motorcycles
48 months (up to $10,000) 6.24%
the past three years 60 months ($10,000-$15,000) 6.24%
72 months (over $15,000+) 6.24%
• You earn less than $75,000 annually or less than $150,000 per New/Used boats & RVs
couple (Partial credits are available for higher incomes.) 60 months ($0-$9,999) 6.49%
84 months ($10,000-$24,999) 6.49%
• You close on your home after April 9, 120 months ($25,000+) 6.49%
2008 and before July 1, 2009 Let OneLine line of credit
us show you Limits up to $25,000 8.00%
For more information, go to irs.gov. EquityPlus 90% LTV
how you can 5 year 6.24%
Then come to CommonWealth One to save money on 7 year 6.49%
your current 10 year 6.74%
really save on your mortgage. mortgage. 15 year 6.99%
Go to Online Mortgage Center, EquityLine 90% LTV 4.00%2
EquityFive 90% LTV 6.24%2
(cofcu.org/mortgage), visit a branch, or Holiday Loan 7.90%
Signature Loan
call Mortgage Specialist Monica Malave in the D.C. Metro area 36 months 9.90%
at (800) 424-3334 or (703) 823-5211, ext. 7615; or Bill Savidge 60 months 10.90%
VISA Classic: No annual fee
®
11.90%
in Harrisonburg/Front Royal at (800) 424-3334 or Platinum: No annual fee 8.90%
Balance transfers 8.90%
(540) 438-0977, ext. 1293. Business loans: Call for rates or visit cofcu.org
APR = Annual percentage rates effective 11/1/08 and subject to change.
Your savings are now insured up to $250,000 Terms over 60 months require minimum $25,000 purchase price. 2 Six-month intro.
1
rate. Thereafter, prime plus margin based on creditworthiness. Some rates reflect discount for
automatic repayment. LTV = loan to value.
The Emergency Economic Stabilization Act of 2008 increased
SAv I nG S R AT e S
the NCUA (National Credit Union Administration) insurance Share Savings Portion of bal. earns: APY
protection on your aggregate savings up to $250,000 until $0 – under $2,500 0.48%
$2,500 – under $10,000 0.48% – 0.65%
December 31, 2009. The NCUA is the independent federal $10,000 – under $25,000 0.65% – 0.82%
5,000 – under $50,000 0.82% – 0.90%
agency that regulates, charters and supervises federal credit $50,000 and over 0.90% – 1.03%
unions. NCUA, with the backing of the full faith and credit of IRA & Coverdell Share Savings
$0 – under $2,500 0.85%
the U.S. government, operates the National Credit Union Share $2,500 – under $10,000 0.85% – 0.99%
$10,000 – under $25,000 0.99% – 1.17%
Insurance Fund, which insures your deposits and those of nearly $25,000 – under $50,000 1.17% – 1.32%
89 million accounts in all federal credit unions and most state- $50,000 and over 1.32% – 1.57%
Relationship PLUS Checking
chartered credit unions. $10,000 avg. daily bal. to earn dividends 1.51%
Money Management $2,500 avg. daily bal. to earn dividends
Less than $2,500 1.13%
$2,500- less than $10,000 1.13% – 1.49%
Win a trip to Super Bowl XLIII! $10,000 or more 1.49% – 1.94%
Money Management Plus $10,000 avg. daily bal. to earn dividends
Every time you use your CommonWealth One Less than $25,000 1.94%
Visa® credit card September 1 – December 31, $25,000 - less than $50,000 1.94% –1.98%
$50,000 or more 1.98% – 2.43%
you’ll be automatically entered for a chance to Share/IRA Certificate Min. Dep.
6-month $500 2.81%
win a VIP trip to Super Bowl XLIII. 12-month $1,000 3.15%
The Grand prize includes 3 VIP trips for you and a friend to 14-month ( LIMItED-tIME) $2,500 4.00% 2
15-month $250. 2
3.11%
Super Bowl XLIII, NFL Pro Bowl, and NFL Playoff game. Each 18-month $1,000 3.22%
24-month $1,000 3.39%
trip includes 2 tickets to the game, airfare, accommodations for 36-month $1,000 3.73%
48-month $1,000 3.92%
2, and a $500 NFL-themed Visa gift card. 60-month $1,000 4.14%
With all the shopping coming up in the next few months, Jumbo Share Certificates: Call for rates or visit cofcu.org
Business deposits: Call for rates or visit cofcu.org.
be sure to use your CommonWealth One Visa credit card every
APY = Annual Percentage Yield. Rates effective 11/1/08 and subject to change.
time you buy so you’ll increases your chances to win. 1
Additional deposits allowed in $50 increments. 2 Special promotions are subject to
change at any time. At least $2,500 must be funds not currently on deposit with
CommonWealth One.
H I G H L I G H T S
Holiday closings P.O. Box 9997 • Alexandria, VA 22304-0797
Veterans Day: Tuesday, November 11 (703) 823-5211 • (800) 424-3334 • Fax (703) 823-9065
Thanksgiving: Thursday, November 27 Call Center Mon-Fri: 7:45am–6pm • Sat: 9am–1pm, ET
Hearing impaired TDD (703) 823-3620
Holiday Loan only 7.90% APR. There will be sales galore PhoneOne (703) 823-3510 • (800) 426-2328
this holiday season, and they’ll start earlier than last year VISA 24-hour info line & lost or stolen card
Credit Card: (800) 654-7728 Check Card: (800) 472–3272
because retailers want to draw shoppers into the stores sooner. Credit Union Insurance Services (800) 622-1256
So get started early and take advantage of early-season sales CommonWealth One Financial Network (866) 287-3783
www.cofcu.org E-mail: cofcu@cofcu.org
with our Holiday Loan. It’s only 7.90% APR with an 11 month
We do business in accordance
term. To apply, go to cofcu.org, call (703) 823-5211 or with the Federal Fair Housing
(800) 424-3334, or visit a branch. Law and the Equal Credit
Opportunity Act.