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					                                                                    “ Yo u r C o m m u n i t y C r e d i t U n i o n . . .
                                                                           Where People Mean More Than Money!”

                                                                            CU Insight

                                                                                                                                                               January 2007

                                                          SPCU Still Offers the
                                                          Best Auto Loans!
                                                          W       e’ve been telling you for over two years now to
                                                                  “take the manufacturer’s rebate” on a new vehicle,
                                                          then finance at Sierra Point Credit Union with our great
                                                                                                                             about your auto loan. We offer new and
                                                                                                                             used auto loans with fixed rates as low as 3.9%
                                                                                                                             APR* and repayment terms up to 72 months.
                                                          starting vehicle rate of 3.9% APR*. Well, we’re happy to
                                                                                               report that good advice       Call us today at 650-588-6140, ext. 2 to apply
                                                                                                  and great rate still       for a vehicle loan over the phone or apply
                                                                                                     stand. Don’t wait,      online at Of course, you can still
                                                                                                        don’t walk, run      apply the old-fashioned way be dropping by to visit
                                                                                                         to our office       us at 365 South Spruce Avenue, too. No matter how you
                                                                                                        or the nearest       apply, you’ll be amazed by our speedy processing of your
                                                                                                       computer to           loan application. It should take no longer than 15 minutes to
                                                                                                      apply today!           hear about your loan decision.

                                                          Our idea will save you lots of money in the long run — take        * Lowest rate available to qualified members upon approved
                                                          the rebate! Or, take one of the “Employee Discounts for            credit. Terms are dependent upon individual FICO score and
                                                          All” promotions being offered. Either way, be sure to see us       length of the loan.

                                                              53rd annual meeting Reminder
                                                              Make your reservations today for our upcoming Annual Meeting, which will be held on
                                                              Wednesday, March 28th at 5 PM, at 365 South Spruce Avenue, South San Francisco, CA.

                                                              We will elect two Board of Director members for three year terms and one Supervisory Committee member for a three year
                                                              term. All interested individuals please contact our CEO, Deborah Trapani at 650-588-6140 ext. 109 for more information. No
                                                              experience is necessary although an accounting/auditing background is helpful for our Supervisory Committee position.

                                                              Resumes and a statement of willingness to serve must be received in our office by January 31st, 2007 to the attention of
                                                              SPCU Nominating Committee, 365 South Spruce Avenue, South San Francisco, CA 94080. We hope to see you there!

                                                          U p ComI ng CREDIT U n I on HolIDays:
                                                          martin luther King, Jr. Day: monday, January 15th, 2007 • president’s Day: monday, February 19th, 2007
                                                          Remember: Sunday, March 11th, 2007 begins Daylight Savings Time. Clocks move forward one hour!
                                                                            FIxED RaTE loans                                       saVIngs RaTEs

     loan &                                                     LOAN TYPE         BEST RATE          TERM             TYPE                LEVEL               DIVIDEND

                                                              New Auto             3.90%*         Up to 72 Mo.    Share

     s aV I n g s                                             Used Auto
                                                                                   3.90%*         Up to 72 Mo.
                                                                                                                  IRA Savings
                                                                                                                                         $100-up               .30%

                                                              Unsecured            12.0%*         Up to 72 Mo.
                                                                                                                 The last dividend rate was declared on
                                                              Line of Credit       10.0%*          Revolving     December 31, 2006. This rate was in effect from
     Rates /Information                                                         3% points above                  December 1 through December 31, 2006.
                                                                                  the current
                                                              Secured            dividend rate     120 Mos.
                                                                                                                    Ultra Checking account: 1.86% apy

  D     ividends on all accounts are paid and
        compounded monthly. Dividend rates
  are also reported as an annual percentage
                                                                                3% points above
                                                                                  the current
                                                                                 dividend rate
                                                                                                    Up to
                                                                                                   120 Mos.
                                                                                                                    Ultra saver account: 3.13% apy
  yield (APY). For more information about                                                                        IRa & share Term Certificates:
  account terms, conditions and fees, call                    VISA GOLD             9.9%           Revolving     6, 12 month & 2 1/2 year
  SPCU at 650-588-6140. Account disclosures                                                                      Call SPCU for effective dividend periods,
  are available upon request. Call the credit                 CLASSIC              14.00%          Revolving     current dividend rates, annual percentage yields,
  union for current dividend rates and APY’s.                                                                    account terms & conditions at 650-588-6140.
     VaRIablE RaTE loan InDEx:                                Share Secured        12.00%          Revolving     Home Equity lines of Credit:
            6 month T-Bill: 4.935% APR                        STUDENT                                            Ask about our n0-fee Closing Program.
                                                              VISA                 16.00%          Revolving
  Please review your loan documents to                                                                           Real Estate loans:
  determine the percentage point charged over               * Our best rate offered to qualified members         We offer a complete line of residential real
  the T-Bill for your current annual percentage             on approved credit for 24 months. Rates              estate loans, featuring a 30-day lock on rates,
  rate (APR), which will be in effect January 1,            are subject to change without prior notice           which is not offered by our competitors.
  2007 through March 31, 2007. The above                    and vary based upon individual FICO score,           Save time and money — sign both purchase/
  published T-Bill rate index applies to all                term and other factors. Contact a Lending            refinance & HELOC documents at once. Call
  variable consumer loans.                                  Representative to determine your APR.                877-939-7728 (SPCU).

In memoriam: Verna mae Teglia
                                                                                                                    CU Insight
  V     erna Mae Teglia, who passed away recently at age 78, was born and raised in San Francisco
        and had a very strong presence in the North County. She worked tirelessly in campaigns for
  her husband, Al Teglia. Although she herself never ran for office, she focused on North County
                                                                                                                    a Q U a RT E R ly p U b l I C aT I o n o F
                                                                                                                    sIERRa poInT CREDIT UnIon
  as one of the original staff members for U.S. Representative, Tom Lantos, D-San Mateo. She later                  365 south spruce avenue
  served as campaign manager for Al Teglia. Her use of grass-roots campaigns helped him win seats                   south san Francisco, Ca 94080
  as a trustee for the Jefferson High School District and then as Daly City councilman for more than                aTm on site

  20 years. He also served as Daly City Mayor four times.                                                           phone: 650-588-6140               Fax: 650-588-0509

                                                                                                                    Residential Real Estate loans: 877-939-spCU (7728)
  “Verna gave herself to Daly City in so many ways,” said Mike Nevin, a former San Mateo County
                                                                                                                    Website/ Home banking / bill payer service:
  Supervisor, who remembers she would run campaigns in the basement of the Teglia home. “She
  was Al’s #1 supporter. She was such a champion for him, and in the last several years, he’s been
                                                                                                                    Falcon Fraud Contact: 877-505-8474
  extraordinary taking care of her. They were true partners in life.”
  Al Teglia, Verna’s husband of 53 years agreed this was true. “She was probably my best source                     Hours: mon-Thurs: 9:00-4:30, Friday: 10:00-5:30
  of information and guide for all my successful years in the political arena,“ says Al. She was very
                                                                                                                    Touch Tone Teller: 866-905-spCU (7728)
  talented and an extremely intelligent lady.” A champion of libraries, Verna was the president of the              (24 Hour Information system)
  Daly City Friends of the Library and served as Trustee for Daly City Libraries. In 1976-77 she was
  appointed by then-Speaker of the Assembly, Leo McCarthy, to a statewide library commission.

  “She loved to read and understood the need for people and children to read.” said Al Teglia. She
  was also active in the Florence Crittenton, a nonprofit organization that helps unwed mothers
  and served as Vice Chairperson of the Gemco Corporation Scholarship Program and was an avid
  member of the Italian Catholic Federation, helping to put together its 50th anniversary book.

  Our heartfelt wishes and thoughts go to Al Teglia, current Board member of Sierra Point Credit                             Your savings federally
  Union. Al asks that donations be sent to the Verna Mae Kunz Teglia Fund. Sierra Point Credit Union                          insured to $100,00

  gladly accepts responsibility for seeing these funds go to the appropriate location: Verna Teglia                         nCUa
                                                                                                                      National Credit Union Administration,
  Fund, c/o Sierra Point Credit Union, 365 South Spruce Avenue, South San Francisco, CA 94080.                             a U.S. Government Agency

  Contents of this article originally appeared in the December 11, 2006 issue of the San Mateo County Times.