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GEICO FCU Summer NL

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					       July
       2007




       Vol. 14
        No. 3




Finance Your Auto Loan Through Us For A Better Deal!
Forget the financing that auto dealerships offer! GEICO FCU has lower rates than many dealerships or other financial
institutions, and our loan pre-approvals save you time as you’re negotiating for the best price.

   I   Rates as low as          4.99%
                                 APR* for up to 36 months
   I   Other low rates and terms up to 84 months available**
   I   Save money by refinancing your auto loan from another lender
   I   GAP Plus Insurance† for improved protection of your loan and credit rating
   I   Easy-to-use online loan application at www.geicofcu.org

Contact us today! Stop by your nearest branch, call 800-824-5404 x5800 or visit us online at www.geicofcu.org.
*Annual Percentage Rate; subject to change. Used auto loan rates apply to 1998 through 2007 models. Some 2006-2007 models with up to 12,000 miles qualify for new auto loan rates. Rates reflect
automatic payroll repayment. Certain restrictions apply.
**84-month term available on new auto loans of $30,000 or more only.
†
  GAP Plus Insurance offers loan coverage for up to 72 months in the event that your vehicle is stolen or destroyed in an accident prior to full repayment of your GEICO FCU auto loan. Plus, if you
finance your next auto loan with GEICO FCU within 60 days of your claim, you can receive $1,000 toward your vehicle purchase. Ask us for details.



Make Over Your Home With A Low-Cost Make Your Life Easier With Online
Home Equity Line Of Credit!         Bill Pay
We can help you make over your home! With an adjustable-rate                                                In a rush? Our free, secure                      Win $5,000 in FREE GAS
Home Equity Line of Credit from GEICO FCU, you can                                                          Online Bill Pay saves you                        when you pay your bills
remodel your bathroom, update your kitchen and much more!                                                   time and trouble!                                 with Online Bill Pay!
                                                                                                                                                                   See page 2.
   I   As low as       3.99%
                           APR* for 6 full months                                                             I   Available any time of the
                                                                                                                  day or night
   I   NO CLOSING COSTS**
   I   Borrow up to $250,000
                                                                                                              I   Make one-time payments or schedule recurring
                                                                                                                  payments in advance
   I   Low monthly payments which may be tax-deductible†                                                      I   Check that bills were paid or confirm the
   I   Funds may also be used to pay tuition or consolidate debts                                                 dates of upcoming bills
                                                                                                              I   Cancel scheduled payments if needed
    Ask about our fixed-rate Home Equity Lines of Credit –
      as low as 7.50% APR for 60 months and no closing                                                      Online Bill Pay’s unique Money HQ feature
                 costs!** Contact us for details.                                                           also lets you view or manage your accounts
                                                                                                            at GEICO FCU and other financial
                                                                                                            institutions or companies. Transfer funds,
Apply today! Stop by your nearest office, call                                                              send money, and also receive automatic e-mail
800-824-5404 x5800 or visit us online at www.geicofcu.org.                                                  alerts when bills are due or when your
                                                                                                            account balance reaches a certain level. So
*Annual Percentage Rate; subject to change. After six months, rate on Home Equity Line of Credit            sign up today! Download an Online Banking
adjusts to ongoing rate of Prime minus 1/2%. The Prime Rate was 8.25% APR as of 6/29/06. Rate
quoted is with a Loan-To-Value ratio of up to 90%.**The Credit Union will pay closing costs. To
                                                                                                            application from www.geicofcu.org and mail
qualify, the initial advance must be $10,000 or more and remain open for 24 months. If the balance          it to us, or drop off the application
is zero within 24 months of the open date, the closing costs must be reimbursed by borrower(s) and
may be added to your account. State/city transfer taxes paid by borrower at closing. Closing costs do       at your nearest branch.
not include application fee, flood certificate fee, and home value or appraisal fee. Certain restrictions
apply. GEICO FCU processes Home Equity Loans (closed-end only) in most states. Also, we process
Home Equity Lines of Credit in the District of Columbia and the following states: Maryland,
Virginia, West Virginia, New York, Georgia, California, Florida, Pennsylvania, New Jersey, Ohio,
Vermont, Connecticut, Rhode Island, Arizona and Delaware. The Credit Union’s portfolio loans are
subject to approval. Loans may be sold to the secondary market.†Consult your tax advisor for more
information.
                                                                   Congratulations To The Buffalo
                                                                   Grand Opening Week Contest
                                                                   Winners!
                                                                   Congratulations to all the GEICO FCU members who won
                                                                   prizes during the Buffalo branch’s grand opening week!
                                                                   Members won up to $100 in the Treasure Chest contest, and
    I   Between August 1 – September 30, 2007, you’ll be           the following members won prizes in the Grand Prize
        automatically entered into a contest to win $5,000         Drawing:
        in FREE GAS, every time you use Online Bill Pay
        to pay a bill                                                 Jennifer Hughes – Nintendo® Wii Video Game System
                                                                                  Stephen Finn – MP3 Player
    I   The more bills you pay online, the more chances                           Benjamin A. Studley – $25
        you have to win!
                                                                   If you missed the grand opening celebrations in April, we
    I   100% payment guarantee – you will never pay a              invite you to stop by our Buffalo branch office at 300
        late fee or penalty for a properly scheduled               Crosspoint Parkway in Amherst, New York! (For branch
        payment
                                                                   hours, see page 4.) This office offers greater convenience to
        For more information on this contest, visit us             GEICO FCU members who live near or are visiting the
         online at www.geicofcu.org. To learn how to               Buffalo area, and provides the same great products and
          sign up for Online Bill Pay, see the Online              services as other GEICO FCU branches. There is also an
                   Bill Pay story on page 1.                       ATM for quick cash when you need it. So stop by today!




GEICO FCU’s MasterCard Credit Cards Are The                                                   Special Balance Transfer
                                                                                              Offer! Save money by
Perfect Vacation Companions!                                                                  transferring your balances
                                                                                              from high-rate department store
I    Ideal for vacations, shopping or everyday purchases                                      and other credit cards to a
                                                                                              GEICO FCU MasterCard! From
I    Low, fixed rates on MasterCard® Classic and MasterCard Gold
                                                                                              now until September 27, 2007,
I    No annual fees                                                                           GEICO FCU is offering a special
                                                                                              rate on balance transfers and
I    Credit limits up to $5,000 (Classic) and up to $20,000 (Gold)*                           purchases of just 5.99% APR*
                                                                                              on MasterCard Gold Cards and
I    Earn travel and merchandise through the ScoreCard Bonus Points
                                                                                              6.99% APR on MasterCard
     program (visit www.scorecardrewards.com to view rewards)
                                                                                              Classic Cards until the balance
                                                                                              is paid off. Apply soon – this is
                                                                                              a limited-time offer!

     For more information, stop by
        your nearest branch, call
                                                                                              *Annual Percentage Rate; subject to change. Rates
     800-824-5404 x5800 or visit us                                                           apply to any new activity on both new and existing
      online at www.geicofcu.org.                                                             card accounts from now until September 27, 2007
                                                                                              and will continue to apply until balances are paid
                                                                                              off. After September 27, 2007, transactions made
                                                                                              will remain at a low rate of just 10.99% APR for
                                                                                              MasterCard Gold Credit Cards and 11.88% APR
                                                                                              for MasterCard Classic Credit Cards. Promotion is
                                                                                              for a limited time only. See your GEICO FCU
    *Subject to approval.                                                                     credit card disclosure statement for important
                                                                                              terms and conditions in regard to your account.




      2
GEICO FCU Investments – Great                                                                       Fraud Warning: ‘Skimmers’ Are
Returns Without The Risk!                                                                           Appearing At Some ATMs
   I   Up to 5.54% APY* on Share/IRA Certificates
                                                                                                    Identity thieves often go to a considerable amount of
   I   Up to 4.33% APY on                                                                           effort in order to get your private financial information.
       Money Market Accounts**
                                                               Limited-Time Offer!††                Some thieves may even build realistic-looking electronic
   I   Various terms and                                        8-month Share/IRA                   devices called “skimmers,” which can be attached around
       alternate investment                                Certificates at 5.25% APY                or inside the card slot of an ATM. The skimmer is often
       options available at                                    14-month Share/IRA
                                                                                                    accompanied by a miniature camera concealed inside a
       competitive rates,                                  Certificates at 5.50% APY                brochure holder. When you use the ATM, the skimmer
       including Educational, Roth                                                                  picks up your account number and the camera detects
       or Traditional IRAs and IRA                                                                  your PIN (Personal Identification Number) as you type it
       Certificates                                                                                 on the ATM’s keyboard.
   I   Ideal for short-term or long-term financial goals
                                                                                                    Although skimmer fraud is rare, please use these tips to
   I   Federally insured†                                                                           ensure your privacy:

For more information, stop by your nearest branch, call                                               I  If you notice any new ATM attachments or if the ATM
800-542-7896 or visit us online at www.geicofcu.org.                                                  looks noticeably different from other ATMs, do not use
*Annual Percentage Yield. Rate as of 6/1/07 and is subject to change without notice. Rate             it and notify the ATM’s owner as soon as possible.
quoted is with a 60-month Share or IRA Certificate.
**Rate quoted is with a balance of $75,000 or more.
†
  By the National Credit Union Administration. Deposit products and Educational IRA products          I If your card is not working properly, ask for assistance
are insured up to at least $100,000. Roth/Traditional IRA products are insured separately, up
to an aggregate of $250,000.                                                                          only from the ATM’s owner or financial institution staff
††
   On balances of $50,000 or more.
                                                                                                      members. Be aware of your surroundings and be
                                                                                                      cautious of any strangers who appear and offer to help.
  Help Your Student Make The Grade
  With GEICO FCU’s Student                                                                            I  If you use an ATM in another country, use the ATMs
                                                                                                      of financial institutions, which are more secure than
  Services Package                                                                                    ATMs at restaurants or other locations.

 Give your college-bound student a terrific “care package” –
 a Student Services Package from GEICO FCU. It has a
 wide variety of financial tools that your student can use
 throughout college, and it’s ideal for all kinds of expenses!
    I   No fee, no minimum balance checking account with
        one FREE order of Gecko checks per year
    I   FREE Visa® Check Card for purchases and quick
        access to over one million ATMs, including 32,000
        surcharge-free Allpoint® ATMs
    I   Pre-approved, no-fee MasterCard® Classic Credit Card
        with a $500 credit line
    I   Secure, 24/7 account access with FREE Online
        Banking, FREE Online Bill Pay* and FREE Audio
        Response Telephone Banking
    I   Pre-approved overdraft line of credit up to $500
    I   Easy automatic transfer of funds from your account to
        your student’s** account
    I   Easy account monitoring by parents or guardians
 For more information on these products or services,
 stop by your nearest branch, call 800-542-7896 or visit
 us online at www.geicofcu.org.
 *Account holder must sign up for GEICO FCU’s Online Banking service in order to use
 Online Bill Pay. **Student must be 16 years or older. Parent or guardian must be joint
 account holder. Eligibility for these services based on parent’s or guardian’s creditworthiness.



                                                                                                                                                          3
LOAN RATES Effective July 1, 2007
Loan Type                       Annual Percentage Rate   Loan Type                             Annual Percentage Rate
MasterCard – Classic ($5,000 max.) 6.99%                 Auto Equity                       Rates starting at 5.49%*                         Website & Online Banking:
                                                          See a loan officer for details on terms and rates.                                   www.geicofcu.org
MasterCard – Gold ($20,000 max.) 5.99%
Overdraft LOC ($2,500 max.)        12.75%*               Home Equity Line of Credit                                                              Loan-By-Phone &
Personal/Consolidation Loan        12.75%*                (Current rate is based on the Prime Rate. See loan                               Quick Teller (Audio Response)
                                                           officer for details on rates/terms.)                                                   800-331-9835
($15,000 max.)
                                                          $250,000 max.                     Rates starting at 3.99%                                  Locations
Computer Loan ($3,000 max.)        12.75%*
                                                         Second Mortgages                           As low as 7.50%                             Mailing Address
Share Secured (Terms up to 144 months)                                                                                                           One Geico Plaza
 Share savings rate                 +3.00%                Terms up to 120 months                                                              Washington, DC 20076
                                                         Note: Rates subject to change without notice. Contact your
CD Secured (Terms up to CD maturity)                                                                                                               Main Office
                                                         Credit Union representative for further loan information.                           GEICO Federal Credit Union
 Earned CD rate                     +3.00%                                                                                                      5260 Western Avenue
                                                                               Selected Savings Rates
New Automobiles & RVs                                                                                                                          Chevy Chase, MD 20815
                                                                                    as of 6/1/07                                              Telephone: 301-986-2082
 (Up to 100% financing; MSRP includes tax and license)                                                                                         Toll Free: 800-542-7896
                                                                                                  Annual
 Rates as low as 4.99%*                                  Savings                        Dividend Percentage                       Visa® Debit Card Information: 800-824-5404 x2236
 Terms to 84 months                                      Account                          Rate     Yield                                         Fax: 301-718-5318
                                                         Share Savings                    .50%      .50%                                   E-mail: members@geicofcu.org
 Other rates and terms available                                                                                                       Loan Department: 800-824-5404 x5800
                                                         Share Drafts                    0.00%     0.00%
Used Automobiles & RVs                                                                                                                Fax for Loan Department: 301-986-3757
                                                         IRA Share                        .50%      .50%                                      E-mail: loans@geicofcu.org
 (1998 and newer models. Certain 2006-2007 used          Money Market Advantage Account
 models qualify for new auto loan rates.)                $1,500 - $19,999                3.50%     3.56%                                  Branch Hours: 9 am – 3 pm
                                                         $20,000 - $74,999               4.00%     4.07%                             Loan Service Hours: 8:30 am – 4:30 pm
 Rates as low as 5.29%*                                  $75,000 and up                  4.25%     4.33%
 Terms to 72 months                                                                                                                               Regional Offices
                                                         Savings Certificate                                                               Buffalo, NY, 716-276-4608
 Other rates and terms available                         Six Months                                                                          800-716-1097, Ext. 4608
*with automatic repayment                                 Minimum Opening Balance $500   3.25%     3.30%                                        Fax: 716-276-4671
                                                          Minimum Opening Balance $1,000 4.70%     4.80%                                Branch Hours: 10:45 am – 5:15 pm
Auto loan terms and rates depend on the total            First Step Twelve Month 2.00%             2.02%                                     (closed from 2 – 3 pm)
purchase price, the year and mileage of the vehicle.     Twelve Months                   5.00%     5.12%                                    Dallas, TX, 972-701-1860
                                                         Eighteen Months                 5.05%     5.17%                                    800-841-5432, Ext. 1860
Rates are determined at the discretion of the Board of   Two Years                       5.10%     5.22%                                       Fax: 972-701-1859
Directors and are subject to change without notice.      Three Years                     5.15%     5.27%                            Teller Transaction Hours: 1 pm – 4 pm
                                                         Four Years                      5.25%     5.38%                          Member & Loan Services Hours: 9 am – Noon
                                                         Five Years                      5.40%     5.54%
           Notes From The                                IRA Savings Certificate
                                                         Six Months
                                                         Twelve Months
                                                                                         4.70%
                                                                                         5.00%
                                                                                                   4.80%
                                                                                                   5.12%
                                                                                                                                       Fredericksburg, VA, 540-286-4567
                                                                                                                                            800-841-1003, Ext. 4567
                                                                                                                                               Fax: 540-286-4498
                                                                                                                                           Branch Hours: 8 am – 2 pm
           Annual Meeting                                Eighteen Months
                                                         Two Years
                                                         Three Years
                                                                                         5.05%
                                                                                         5.10%
                                                                                         5.15%
                                                                                                   5.17%
                                                                                                   5.22%
                                                                                                   5.27%
                                                                                                                                          Lakeland, FL, 863-619-4856
                                                                                                                                             800-648-2493, Ext. 4856
                                                         Four Years                      5.25%     5.38%                                        Fax: 863-619-4859
  Our 2007 Annual Meeting on May 2nd was                                                                                             Teller Transaction Hours: 1 pm – 4 pm
                                                         Five Years                      5.40%     5.54%
  well attended, and GEICO FCU thanks                                                                                              Member & Loan Services Hours: 9 am – Noon
                                                          GEICO FCU credit card holders with questions about their account may
  everyone who came to the meeting.                       call 800-237-6211, or visit www.eZCardInfo.com. This is for balances,            Macon I, GA, 478-744-5668
                                                              payment information, lost/stolen cards and last few transactions.              800-841-9160, Ext. 5668
  Members who attended the meeting heard                                                                                                        Fax: 478-744-5824
  about improvements to our products and                                        Board of Directors
                                                                                                                                     Teller Transaction Hours: 10 am – 1 pm
                                                                                                                                  Member & Loan Services Hours: 1 pm – 4:30 pm
  services, a review of the Credit Union’s                                    Joe Imler, Chairman
                                                                           Art Heine, Vice Chairman                                       Macon II, GA, 478-621-1958
  performance during 2006 and our                                                                                                             800-841-9160, Ext. 1958
                                                                           Dave Onuschak, Treasurer
  upcoming plans for 2007.                                                                                                                      Fax: 478-621-1957
                                                                           Susan Hamburg, Secretary                                Teller Transaction Hours: 1:30 pm – 4:30 pm
                                                                                Dave Anderson                                     Member & Loan Services Hours: 10 am – 1:30 pm
  The meeting’s events also included the                                          Brian Harvey
                                                                                   Geri Lanier                                            San Diego, CA, 858-513-5600
  election of Jerry Williams, who will be                                         Terry Perkins                                             800-654-5896, Ext. 5600
  replacing Dave Fessel, to the Board of                                           Scott Reece                                                 Fax: 858-513-5124
                                                                                                                                    Teller Transaction Hours: Noon – 3 pm
  Directors and a drawing for cash prizes.                                       Kathy Roland                                     Member & Loan Services Hours: 9 am – 11 am
                                                                                 Jerry Williams
  Three members won $25 to $100 American                                                                                               Virginia Beach, VA, 757-222-6318
  Express Gift Checks: Gianpiero Berardi,                                       Credit Union Staff                                           800-582-8114, Ext. 6318
                                                                       President/CEO: Linda Coffie                                              Fax: 757-222-6320
  Michael Jones and Anderson Yao.                                       VP of Finance: Sherrie Cox                                   Teller Transaction Hours: Noon – 3 pm
                                                                AVP of Risk Management: Marcy Berman                               Member & Loan Services Hours: 8 am – 11 am
                                                                     AVP of Lending: Arlene Christie                                      Woodbury, NY, 516-496-5014
                                                                      AVP of Operations: Rajiv Desai                                        800-645-7550, Ext. 5014
                                                               AVP of Information Technology: Karen Taney                                      Fax: 516-496-5154
                  Holiday Closings:                                                                                                        Branch Hours: 9 am – 3 pm
                                                                       Keeping Track As Of April 30, 2007
             Independence Day – July 4                              Assets               $91,973,574
              Labor Day – September 3                               Shares               $56,886,365
                                                                    Loans                $84,064,343
                                                                    Members                   13,148

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