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					                      www.patriotfcu.org

       A Q UA RT E R LY N E W S L E T T E R F O R M E M BE RS O F PAT R I OT F E D E R A L C R E D I T U N I O N


                         July 2009
                        Vol. 17 No. 3
                                                                                  Still Strong – Still lending
                                                                                            Smart Home ownerS USe eqUity
                                                                          The equity in your home can be a            Consolidate and $ave!
   MorTGaGe iNTeresT                                                      powerful tool for managing your
                                                                                                                       With current annual percentage rates
                                                                          overall financial situation. Every time
 raTes aT HisToric LoWs                                                   you make a mortgage payment, you             as low as 4.75% up to 5 years and
to buy, to build, to refinance                                            build equity in your home. Over time,        5.49% up to 10 years, your monthly
                                                                          that equity adds up. It’s one of the best    savings potential could be significant!
                                                                          benefits of owning a home.                   For example…
    fiNaNciaL adVisor daY                                                                                             	                   	            Monthly
        every Wednesday                                                   Equity is simply the market value of        Your	Bills	         Balance	     Payment
                                                                          your home minus any outstanding
    complimentary portfolio                                               mortgages. For example, if the market
                                                                                                                      Credit Card         $2,000        $51
             revieW                                                       value of your home is $150,000              Store Card          $1,000        $25
                                                                          and your outstanding mortgage is            Vehicle Loan        $15,000       $315
                                                                          $100,000, your equity is $50,000.
    BaLaNce fiNaNciaL                                                     The equity difference can serve as
                                                                                                                      Personal Loan       $7,000        $146
     fiTNess ProGraM                                                      collateral for additional borrowing.        Total	Bills	        $25,000	      $537
 a neW benefit of membership                                              A no fee home equity loan from
                                                                          Patriot can be used for many purposes,      Consolidate and $ave!
                                                                          such as bill consolidation, making          A $25,000 home equity loan for
                                                                          home improvements, purchasing a             5 years at 4.75% APR results in a
 Your MoNeY is safe –                                                     new vehicle, or paying college tuition.
                                                                          You might even consider some less
                                                                                                                      monthly payment of $469…a savings
   secure – iNsured                                                       traditional needs such as uninsured
                                                                                                                      of $68 per month…plus you are debt
                                                                                                                      free in 5 years!
    when you deposit funds in an                                          medical expenses, cosmetic surgery,
  account at Patriot, you can rely on                                     even adoptions!                             A $25,000 home equity loan for
                                                                                                                      10 years at 5.49% APR results in a
   the fact that your money will be                                       Consider the advantages!                    monthly payment of $271…a savings
   there for you when you need it!                                          •	   No fees (excluding MD                of $266 per month…that’s a savings
                                                                                 recordation tax)                     of $31,920 over the life of the loan!
                                                                            •	   No repayment penalties
                                                                                                                      Annual percentage rates accurate as of
         Your savings federally insured to at least $250,000
and backed by the full faith and credit of the United States Government
                                                                            •	   Automatic repayment options          5/28/09. All credit union loan programs,
                                                                            •	   Great rates

        NCUA
                                                                                                                      rates terms and conditions are subject to
                                                                            •	   Interest is tax deductible           change without notice. Stated savings
                                                                                 (consult your tax advisor            are examples only. Rates stated require a
                                                                                 concerning your individual           minimum loan amount of $7,500 and up to
  National Credit Union Administration, a U.S. Government Agency                                                      85% financing.
                                                                                 situation.)



Ex p a n d i n g Hor i zon s | Ju ly 2 0 0 9                                                             St i l l St ro n g - St i l l Le n d i n g
      Patriot named
    CommUnity Partner
       of tHe year
Wilson College, located in
Chambersburg, PA, honored Patriot
as its 2008-09 Community Partner of
the Year at the college’s Community
Partner Breakfast held in April. The
college presented Patriot with the award
in recognition of the credit union’s
outstanding service to the community.
In accepting the award, President/CEO
Peggy J. Bosma-LaMascus stated, “The
social purpose of credit unions is defined          Find	out	by	entering	our	e-SMART	Pay	Sweepstakes!
as People Helping People. Patriot’s               The most popular	destinations this summer can be reached by using
people first philosophy is a perfect              Patriot’s e-SMART Pay bill payer service.
complement to Wilson’s community
partner program.”                                 Pay at least 3 bills using e-SMART Pay through July 31, 2009, and
                                                  you’ll receive an entry into the sweepstakes for EVERY bill paid!
                                                  Several prizes will be awarded including a $10,000 cash grand prize,
                                                  a $1,500 travel voucher, two Garmin® nüvi® 765T GPS Units
             ortgage                              and one lucky Patriot Federal Credit Union member will receive a
             	 CorNer                             guaranteed $100 cash prize! Full official rules can be found at
                                                  http://sweeps.pscufs.com/rules.
       Ask Mike & Linda                           With	e-SMART	Pay	you	can:
                                                        •	   Pay anyone.
    Q.	Does	Patriot	Federal	Credit	                     •	   Schedule one-time and recurring payments, up to one year
        Union	have	a	prepayment	                             in advance.
        penalty	on	their	Mortgages? 	
                                                        •	   Control when and how much you pay.
    A.	 No,	Patriot	does	not	have	a	
        prepayment	penalty.                             •	   Be assured that your payments will arrive on time.
                                                  Each bill you pay with e-SMART Pay increases your chances of
    Q.	Does	Patriot	Federal	Credit	               winning. So, log into e-BRANCH today to access e-SMART Pay.
        Union	finance	Investment	                 With e-SMART Pay, you will enjoy a better way to pay your bills!
        properties?
                                                  NO PURCHASE NECESSARY. Sweepstakes ends 7/31/09. Open to legal US
    A.	 Yes,	Patriot	will	finance	a	1-4	          residents residing in any of the 50 United States or DC, who are 18 years of age
        family	residential	property.              or older and have a unique, personal and valid social security number at the time
                                                  of entry. Subject to full official rules available at http://sweeps.pscufs.com/rules.
                                                  Void in Puerto Rico, US territories and possessions outside of the US and where
                                                  restricted or prohibited by law. Online entries require a minimum of 3 online bill

                    Mortgage
                                                  payments at the financial institution’s web site between June 1-July 31, 2009.
                                                  Maximum number of entries per person is 30.


               www.patriotfcu.org




2          St i l l St ro n g - St i l l Le n d i n g                              Ex p a n d i n g Hor i zon s | Ju ly 2 0 0 9
 USing yoUr debit Card for PUrCHaSeS?                                                                                              UPComing HolidayS
            Choose Credit!                                                                                                                        labor day
                                                                                                                                                 september 7
When using your Visa debit card for a retail purchase,                                                                                          offices Closed
have you ever wondered why you are asked to select
“debit” or “credit?” It’s because there are two types
of debit card authorization methods…signature and
PIN (Personal Identification Number). Your answer
determines how your transaction will be processed.
When you select “credit,” the transaction will be
processed through the VISA network.
What	are	the	advantages	of	selecting	CREDIT?	
    •	 With the credit function, there is no need to remember
         your PIN, or risk having it viewed by unauthorized persons.
    •	 Credit transactions are more efficient. When you reply “credit,” you
         are helping your credit union reduce costs and labor.                                                                    looKing to buy, to build or
    •	 Credit transactions are covered by overdraft protection.                                                                    reFinanCe your existing
    •	 When you sign for your purchases, you get security protection that
         helps prevent, detect and resolve fraud. Visa offers “zero liability” if
                                                                                                                                         mortgage?
         someone uses a stolen debit card for unauthorized purchases.                                                           With interest rates at historic lows, it’s a
On the other hand, when you select “debit”, your transaction is processed                                                       great time to buy, to build or to refinance your
through the ATM network and you must enter your PIN. Plus, you risk having                                                      existing mortgage at a lower rate. There is no
your PIN viewed by others.                                                                                                      application fee to apply. Plus, Patriot offers
Regardless of which method you use, the purchase amount is always deducted                                                      competitive rates, expert assistance with your
from your share draft checking account. To find out more about Patriot’s VISA                                                   loan, and professional service.
debit card, contact your credit union today.
                                                                                                                                Visit Patriot’s website at www.patriotfcu.org to
                                                                                                                                apply online using
                                                                                                                                                                 Mortgage
                                                                                                                                or stop by the office location most convenient
                       complimentary                                                                                            for you.

                       Portfolio review
                             eVerY WedNesdaY
                                      Financial Advisor Day
                                Wayne Avenue Office
                         800 Wayne Avenue, Chambersburg, PA
           Let us help you during these uncertain times! This
                                                                                                                                      Christmas Club Funds
       complimentary service is being offered by Patriot Financial                                                                         deposited
        Services, available through CUSO Financial Services, L.P.
                                                                                                                                Payments for 2009 Christmas Club accounts
               We will review your… ira, 401K, tsp, or                                                                          will be accepted through noon, Saturday,
                  any and all investment accounts                                                                               October 3, 2009. Funds will be directly
                                                                                                                                deposited to your primary share account on
   No appointment necessary! Stop by any Wednesday to speak with
                                                                                                                                Monday, October 5th. Christmas Clubs for
                              sarah eyler, financial advisor
                                                                                                                                2010 will also begin on Monday, October 5th.
          Investments offered through CUSO Financial Services, L.P., an independent broker/dealer, (Member                      A Christmas Club is a great way to put money
        FINRA/SIPC). Products offered are not federally insured, are not obligations of the credit union, are not
       guaranteed by the credit union, or any affiliated entity and involve investment risk, including the possible
                                                                                                                                aside for the holidays next year!
                                                     loss of principal.




Ex p a n d i n g Hor i zon s | Ju ly 2 0 0 9                                                                          St i l l St ro n g - St i l l Le n d i n g                   3
                                                             a new benefit of memberSHiP:
                                                           balanCe finanCial fitneSS Program
                                                Patriot is dedicated to                                             If bills have gotten out
                                                helping you realize your                                            of hand, your counselor
                                                financial goals – reducing                                          may be able to arrange a
                                                your debt, saving for higher                                        Debt Management Plan.
Peggy J. bosma-lamascus, President/CEO          education, buying your                                              BALANCE negotiates with
           linda K. Heath, Editor               first home, or planning                                             creditors to reduce interest
                                                for retirement. Which is why we are                  and fees so you can pay your debt quickly
                                                excited to announce your newest benefit of           and efficiently. Better yet, because you are
              mailing address                   membership: BALANCE Financial Fitness                a member of Patriot, the program’s monthly
       Po box 778, Chambersburg, Pa             Program.                                             administration fee of $35 is waived.
               17201-0778
                                                Through BALANCE, you have access                     To use the new program, simply call
      (717) 263-4444 • (301) 766-7328           to free, unbiased money management                   888-456-2227. Counselors are available
                                                information and assistance. All you have to          Monday through Thursday, 8 am to 11 pm,
             Corporate Center                   do is make a toll-free phone call.                   Friday, 8 am to 8 pm, and Saturday, 11 am to
           1330 S. Seventh Street               BALANCE counselors can answer many                   8 pm (EST) or visit www.balancepro.net for
             Chambersburg, Pa                   of your questions immediately – from how             more information.
                                                long an item stays on your credit report             We recognize that money concerns have a
                                                to whether it’s better to lease or buy a car.        serious effect on our quality of life. Now,
           oFFiCe loCations                     For more complex issues, such as debt                through our newest partnership, you have
                main office
                                                elimination or budget development, an                access to the very best professional guidance
             800 wayne avenue
          Chambersburg, Pa 17201                appointment will be scheduled – giving you           – so you can achieve financial security faster
                                                the personal attention you need to meet your         than you ever thought possible.
           Federal street office                objectives.
            140 S. federal Street
          Chambersburg, Pa 17201
       letterkenny army depot office
            247 overcash avenue
                                                   HoUrS of oPeration
                                                                                 Day	Of	Week	               Lobby	Hours	     Drive-Up	Hours
         Chambersburg, Pa 17201
                                                   Wayne	Avenue                  Monday-Wednesday             8:30-4:30         8:00-6:00
    Waynesboro Financial services Center           Office                        Thursday                     8:30-4:30         8:00-7:00
        10933 buchanan trail east
                                                                                 Friday                       8:30-7:00         8:00-7:00
          waynesboro, Pa 17268
                                                                                 Saturday                    8:30-12:00        8:00-12:00
       hagerstown north pointe office
          18723 north Pointe drive                 Federal	Street	Office         Monday-Wednesday              8:30-4:30         8:30-4:30
           Hagerstown, md 21742                                                  Thursday-Friday               8:30-7:00         8:30-7:00
                                                                                 Saturday                     8:30-12:00        8:30-12:00
                 Website
             www.patriotfcu.org                    Letterkenny	Army              Monday-Friday                8:30-4:30          8:30-4:30
                                                   Depot	Office                  Saturday                      Closed             Closed
                smartline
              (717) 263-8468                       Waynesboro	Financial		        Monday-Wednesday              8:30-4:30         8:00-6:00
            smartline toll Free                    Services	Center	              Thursday                      8:30-4:30         8:00-7:00
           888-633-Patriot (7328)                                                Friday                        8:30-7:00         8:00-7:00
                 e-mail:                                                         Saturday                     8:30-12:00        8:00-12:00
         membersvc@patriotfcu.org
                                                   Hagerstown	North              Monday-Friday                 8:30-4:30
                                                   Pointe	Office                 Saturday                     9:00-12:00
this credit union is federally insured by the
   national Credit Union administration.           Telephone	Services            Monday-Thursday               8:00-5:00
                                                                                 Friday                        8:00-7:00
                                                                                 Saturday                     8:00-12:00
         eqUal oPPortUnity
              lender                               (All Times are Eastern Standard Time)



4                    St i l l St ro n g - St i l l Le n d i n g                                  Ex p a n d i n g Hor i zon s | Ju ly 2 0 0 9

				
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