Spring 2010 In this issue: Financial Closet Time to Spring Clean! Credit or Debit? Scholarships Here’s the right answer ... College & seminary students VACUPAC Support your credit union And much more! When using your Entrust Visa ChekCard (also known as a debit card), you may have the option of choosing credit or debit – and both options will take money straight from your Checking Account. And as it turns out, what many think would be the most logical option – “debit” – is not always the best answer. Traveling? Contact Choose credit! The credit option provides greater fraud protection. When you EFCU first. choose credit with your Visa ChekCard, you are protected by Visa’s 0% liability should any fraud occur on your account. When you are traveling outside your local area, When to choose debit? When you want cash – choose debit. If you need cash particularly overseas, it back at the check out or if you’re at an ATM, you will have to use your PIN. is important to contact The debit option does make you liable for at least $50 should any fraudulant Entrust FCU so your Visa transaction occur on your account. Credit Cards and Visa ChekCards will not be blocked. Our system is Bonnie Herdman Scholarship Program set up to keep your debit Entrust FCU offers two $1,000 scholarships - one for a graduating high and credit cards safe and school senior who is entering college, technical, or trade school, and one for a secure from theft. Contact- full-time seminary student. The application deadline is Friday, May 14. ing us before you leave will Visit our website to download the applications or contact us at 804-353-8012, allow us to put a note on 800-944-3622, or email@example.com.  your account. Shop Entrust for Trash your clean out your your mortgage — credit cards competitive rates and with over- terms, same friendly Financial Transfer your credit card limit fees service. balance to an Entrust Visa – Entrust has Credit Card. We don’t none.* charge a balance transfer Closet fee. Out with the old and in with the new! Keep going to credit union service centers. We Spring brings us a chance to clean out Keep On-line Bill Payment. There are no monthly have more than 2,000 in 42 states, plus Puerto our closets to make room for the greater maintenance fees regardless of the amount and number Rico, Japan, South Korea, Guam, and Italy. things in life. With new government of transactions you do.* regulations changing the way financial institutions work, your financial closet could use some sweeping as well - and open drawers of possibilities. We are here to help you determine what to keep, what to trash, and what to add. Welcome to Gary’s closet ... Trash your Get your Trash your non-Entrust debit card. checking account Home Equity Entrust debit cards earn CU and get a high- Loan through REWARDS points that you can yield Bonus Entrust – we redeem for plane tickets, gift Checking account may pay some items to new items items to cards, and more. so you can earn or all of your keep trash money on your closing costs. money.* *Applies to consumer products Get a new budget. Check out Trash your credit cards with higher The M Plan and contact us to rates on cash advances. Entrust’s chat with one of our personal credit cards’ cash advance rate is Try a new free ATM near money coaches.  the same as purchases. you. Entrust has over 50,000 Keep the credit card that gives surcharge-free ATMs in double points. When you use your all 50 states and 2,500 credit card for travel purchases overseas through CU24 between April 15 - May 31, you earn HERE and Allpoint.  2 points for $2. Support Your Credit Union! Every year, Entrust Federal Credit Union asks its members to contribute to the Virginia Credit Union Political Action Committee (VACUPAC). VACUPAC is a not-for-profit, non-partisan, volunteer organization that raises 1801 Dabney Road and disperses funds to political candidates in Virginia who are supportive of Richmond, VA 23230 credit union issues. They ensure that we have a voice in the government. TELEPHONE/QUIKCHEK Help protect the future of credit unions by making a contribution to 804-353-8012 VACUPAC today! Please return the form below with your check or indicate your withdrawal instructions. Thank you for your support! TOLL FREE 800-944-3622 Yes! I want to help preserve credit unions FAX as an alternative to the banks. 804-359-4991 Complete and return to: Susan Adams, President, Entrust FCU, PO Box 6882, Richmond, VA 23230. Thank you for your support! GENERAL E-MAIL firstname.lastname@example.org Deduct $_______ from my: Savings Accounts Checking Account Enclosed is my check for $_______ (payable to VACUPAC) Set up a periodic deduction of $_______ per month from my shares/checking (circle U.S. WEBSITE one) account. www.efcu.coop Withdrawals will be made within 1st 10 days of each month until instructed by member to stop (in writing). Print Name: _____________________________ Member Account No.: ____________ OVERSEAS WEBSITE Signature: _____________________________ Date: _________________________ www.entrustfcu.org By signing above, you attest that your contribution is entirely voluntary. Contributions are not tax deductible. LOBBY & PHONE HOURS Monday - Friday 9:00am - 5:30pm POLICY REMINDERS & CHANGES Closed Tuesday & Thursday Reg E - Overdraft Privilege 1:30pm - 3:00pm Effective August 15, 2010 – Regulation E will require us to obtain your approval before we consider payment of your ATM withdrawals and everyday debit card DRIVE-THRU HOURS purchases that may create an overdraft in your checking account. We currently Monday - Friday provide this service to you as part of our Overdraft Privilege program. If you 8:00am - 5:30pm wish to add these types of transactions back into your Overdraft Privilege program, please contact Entrust by August 13, 2010 by phone or complete the “Overdraft Privilege Opt-In” form, which is available on the Application and HOLIDAY Forms section of our website and fax or mail it to us.  CLOSINGS Reg D - Electronic Debits & Your Savings Account Good Friday Regulation D limits the number of automatic or electronic debits that may come Friday, April 2 out of a savings account in the course of a month in order for the account to be considered a savings account. That limit is 6 automatic or electronic debits, Memorial Day including ACH debits and overdraft transfers to your checking account. Once May, May 31 you reach the limit of 6 automatic or electronic transactions no further electronic or automatic transactions will be allowed on the account during that month, Independence Day resulting in any subsequent items being denied or returned and a return fee being Monday, July 5 charged on to your account. Transactions made in person, at our office or the shared branch, or over the phone with one of our representatives do not count toward the 6 transaction limit. Hidden Account Number Search If your account number is an exact match of the number hidden in [brackets] in Your savings are federally insured by the this newsletter, contact us before the next one comes out in July - you’ll win $10! National Credit Union Administration.