July 2008 “Home” your next loan with one of Money One’s great home equity options! PAGE 2 Home Equity Loan HELOC Prime I • Protecting Your ID • Car Buying Seminar Offered Fixed Rate and Term Variable Rate • Loans for Students As low as As low as and Their Parents 4.50% APR* 4.00% APR* PAGE 3 Up to 120 months (Prime minus 1%) No closing costs Your interest may be tax I • Worry-Free Vacations • Prepaid VISA Debit and no fees! deductible.** Cards • Online Bill Payment Now Free Consolidate bills, remodel *APR = annual percentage rate. Rate is • Exclusive Auto Sale based on 80% loan to value. Minimum your home, pay for college.... draw $10,000. Other restrictions may apply. Rates may be higher depending HOME aLOAN from Money on credit history. Prime Rate is 5.00% as PAGE 4 One today. Your Money One of 4/30/08. Member pays closing costs if I loan remains open less than 36 months. • Summer Fun Prices family is here for you day or **Check with your tax advisor. Heat Up night — apply online or visit • Member Appreciation our office. Day • Rates Congratulations to our Children’s Looking for a surcharge-free ATM? Hospital of Boston Raffle Winner! Visit our website at www.moneyonefcu.org for surcharge free Kendra Johnson was our 1st prize winner in the ATM locations at Credit Union Kids at Heart 20,000 Reasons to Smile raffle drawing conducted on May 29. Raffle tickets Debra Connors (r), President/CEO, presents the 7-Eleven, Target, were sold by numerous credit unions throughout the first prize check to Kendra Johnson. Costco, CVS … spring as a major fundraising event for Children’s to name a few. Hospital of Boston. As a result, more than $13,200 was raised for the Hospital. Children’s Hospital has been listed as one of the top pediatric hospitals in the country for 18 years in a row. The hospital provides advance patient care and pediatric research – research that provides hope for thousands of children who travel to Boston seeking the best, most compassionate care possible. The following are the prize winners and their respective credit unions: • First prize: $10,000, Kendra Johnson, Money One Federal Credit Union • Second prize: $7,500, Bob Servaes, Quincy Credit Union • Third prize: $2,500, Bob Hobson, Millbury Credit Union On behalf of the Kids at Heart Program, thanks to each member who contributed to this worthwhile cause. EDUCATION CORNER Better Business Bureau: Top Five Ways to Prevent ID Theft Online The good news is that ID theft is on the decline. The bad news is that ID theft still affected 8.1 million Americans last year, according to Javelin Strategy and Research – down 3.6 percent from 8.4 million in the previous year’s study. The average amount lost per individual as a result of ID theft last year was about $5,500 for a total of $45 billion. Despite the decline in reported ID theft, Better Business Bureau (BBB) warns that thieves and hackers still lurk online and is offering advice consumers can use to protect their personal and financial information. “ID theft prevention should always be on an individual’s mind when they are online,” said Angie Barnett, president and CEO of BBB/Greater Maryland. “When it comes to protecting your identity, an ounce of prevention is worth far more than the amount of money, energy, and agony that goes into getting your life back to normal after your financial and personal information has been stolen.” BBB recommends consumers take the following five steps to prevent ID theft whenever they are online: 1. Don’t fall for a phishing e-mail. Phishing—using e-mail 3. Be safe and secure when on the go. Computer users or phone calls to pose as a trustworthy organization in order to on the go should be wary of entering passwords or sensitive coerce sensitive information from victims—is on the rise. information into a computer that isn’t theirs, such as at an According to a survey for Gartner, Inc., 3.6 million U.S. adults Internet café, library, computer lab or airport kiosk. Hackers lost money in phishing attacks in the 12 months ending in can actually record their target’s keystrokes to learn passwords August 2007. and other information. Phishing e-mails can look legitimate with graphics and official logos of banks, government agencies, or credit card 4. Guard personal computers with anti-virus, anti- companies. The e-mails usually include hyperlinks that direct spyware, and firewall protection. Opinions vary, but the the victim to a Web site designed to install viruses and malware amount of time it takes for an unprotected personal computer or solicit bank account or Social Security numbers. to become infected with a virus or malware can range from four to thirty-four minutes. That’s why a computer must have 2. Create strong passwords and protect them. Developing good anti-virus software, as well as anti-spyware and firewall a habit of regularly changing passwords makes it much more protection. difficult for ID thieves to steal personal information. Some passwords, however, are stronger than others. Attributes of a 5. Only transfer information over a secure server. secure password include a combination of numbers, capitalized When it comes to giving out personal information online, letters and even symbols. Consumers should never use sensitive consumers should only do so on a secure server. On a secure information for a password such as their Social Security server, the information is encrypted as it is being transmitted; number, mother’s maiden name or birthday. that way, others can’t read it if they should intercept it. For more trustworthy information go to www.bbb.org. Make College a Reality Get Your Student Loan from Money One FCU You know the value of a college education. Getting a college degree is a worthwhile goal. College graduates make an average of one million dollars more than those without college degrees (www.studentloanfacts.org). But the cost of a college education can be overwhelming for both students and parents. That's why Money One Credit Union offers Federal Family Education Loan Program (FFELP) loans. If you or another family member plans to attend a university, technical college, or any specialized training program, Money One can help you with the funding you need to pursue your dreams. FFELP offers loans for students and parents. Stafford Loans • The subsidized Federal Stafford Loan is based on financial need. The government pays the interest while you are in school. • The unsubsidized Federal Stafford Loan is not based on need but family income is a determining factor. You pay all the interest, although you can have the payments deferred until after graduation PLUS (Parental Loan for Undergraduate Students) Loans • Creditworthy parents of dependent undergraduate students can apply for this loan, which is not based on need. Visit our website at www.moneyonefcu.org for complete guidance on the application process. Free Car Buying Seminar Sharpen your knowledge on the ins and outs of car buying. We will have a free seminar presented by our partner, ABCD Buyers Club, on July 15, 2008 from noon until 1 p.m. Lunch will be provided. Seating is limited. Please call 301-925-4600 x250 by July 11th to reserve your seat. New! Prepaid Visa Debit Cards Fund IT. Spend IT. Stay Within Your Limits… Announcing our prepaid reloadable debit card! Now the power to manage your money is in your hands. You pre-fund your card with a specific amount of money. So you control your spending, but you can re-load the card with more money at any time. It’s not tied to your checking or savings account. You can only spend the amount on the prepaid debit card, so you never overdraw a checking account. You can use the card wherever debit cards are accepted. It is also very safe. It’s much safer than carrying cash. The card is protected against unauthorized purchases and can be replaced if lost or stolen. The reloadable prepaid card gives unlimited convenience, flexibility and peace-of-mind to traveling members, college students, people on a budget, and those who simply don't like to carry cash. Features include in-branch load and reload, direct deposit capabilities, personalization and online loading and tracking. Contact us to get your prepaid card today! Great News! FREE Online Worry-Free Vacations Bill Payment with Surcharge-Free ATM Withdrawals Now MoneyDirect Online Bill Payment is absolutely FREE with Basic and Select Checking. MoneyDirect allows you to: AND DEPOSITS! • Schedule recurring payments • Schedule payments in advance • Save time in writing checks • Save on postage costs • Pay anyone anytime (unlimited) As a Money One member, you know you don’t have • And more! to pay surcharges to withdraw money from your account. Don’t waste another minute of your valuable time. You can go to any one of thousands of ATM machines Sign up for MoneyDirect today! displaying the Allpoint or CO-OP Network logos. WINNER! Iris D’Orsaneo, a Money One member since 1986, won a $100 Marriott Gift Now, through the CO-OP ATM Network, Money One Cheque in our quarterly online bill members can make check deposits at those 7-Eleven payment promotion. You could be a Stores equipped with Vcom kiosks (as well as many other winner too! Visit our website at deposit-taking ATM locations). Simply visit the nearest www.moneyonefcu.org and watch for our participating 7-Eleven with your Visa Check Card. next online bill payment promotion. Choose the “ATM” Option from the touch-screen and CONGRATULATIONS IRIS! follow the instructions. (Note: Checks must be endorsed on the back in either blue or black ink or the machine may not take the check). To find the location nearest you, please visit our web site at www.moneyonefcu.org and click on the Branch & ATM locator. NEW! On your cell phone, now you can text your address to MYCOOP and you’ll receive a text message with the nearest CO-OP ATM location. Thursday, Friday & Saturday JULY 24, 25 & 26 Watch your mail for full details and a list of dealers. Board of Directors HOT Prices on Summer Fun James H. Stone, Chairman Discount Tickets – Save time and money! Peter M. Marshall, Vice Chairman Stop by our branch to purchase your Donald A. Zettle, Secretary tickets today! Kevin Beaufort, Treasurer Bryan Caudle, Director Robert Flaherty, Director Cheryl Hawes, Director GATE ADMISSION Jerry Pesterfield, Director Regular Price $49.99 Margaret D. Phillips, Director Member Price $23.24 Supervisory Committee Margaret D. Phillips, Chair Jack L. Jacobs, Member Archie Smith, Member Member Appreciation Day CEO/President Debra P. Connors Mail: PO Box 6398 Largo, MD 20792-6398 August 21 – 10:30 a.m. – 2:30 p.m. Office: 9800 Technology Way Largo, MD 20774 We appreciate your relationship with us. Telephone: 301-925-4600 Join us for our Annual Member Appreciation Day. Toll-Free: 800-638-0232 Fax: 301-925-9077 We’ll have hot dogs, fresh popped popcorn, Internet: www.moneyonefcu.org sodas, giveaways, and door prizes. E-Mail: email@example.com MoneyLine: 301-925-4166 800-445-5513 Lending Rates* Fixed APR** Visa Customer Service: 800-808-7230 Visa Platinum 9.90% Visa Classic 12.90% Branch Hours: Personal 7.00% 9:00 a.m. - 3:30 p.m. Monday – Wednesday Education 7.00% (lobby and drive-thru) Home Equity (up to 60 months) 3.50% 9:00 a.m. - 4:00 p.m. Thursday & Friday Home Improvement (up to 120 months) 7.00% Loans (lobby and drive-thru) Recreational Vehicle (new) 90% up to 60 months 5.00% • Auto, Truck, Boat, Motorcycle and 9:00 a.m. - 6:00 p.m. Friday (drive-thru) Boat — 90% up to 60 months 5.00% Recreational Vehicles 9:00 a.m. - 1:00 p.m. Saturday (lobby and drive-thru) New and Used Vehicles • Personal 100% 24 months 4.25% • Line of Credit/Overdraft Protection Phone Hours: 8:30 a.m. - 4:30 p.m., Mon.-Fri. 100% 36 months 4.50% • Education 100% 48 months 4.75% 100% 60 months 5.00% • Student Loans Routing Number: 255077600 Longer terms available with slightly higher rates. • Fresh Start Loans Holiday Closings: • Home Improvement Variable September 1 — Labor Day Personal 11.55% • First Mortgage Line of Credit or Overdraft Protection 11.55% • Home Equity Loan or Line of Credit Early Closing for Staff Training: Home Equity Lines Prime –1.00% • Share Secured 2nd Wednesday each month Home Equity Lines (interest only) Prime –1⁄2% • Visa Credit Cards Deposits 1:00 p.m. Lobby, 1:30 p.m. Switchboard Share & IMMA Secured Div. Rate + 3.00% Student Loans Call for rates. Local CU Family Service Centers *Rates are subject to change; call for current rates. • Savings Accounts Rates subject to credit qualifications. Falls Church* **Annual Percentage Rate. Prime is 5.00% as of 4/30/08. • Holiday, Vacation, and Personal Clubs 1118 W. Broad St. 703-532-9200 • Checking Accounts Springfield* • Insured Money Market Accounts 6314 Springfield Ave. 703-912-3933 Dividend Rates* • Savings Certificates Rate APY** Marlow Heights* Savings 0.75% 0.75% • Federally Insured IRAs 4003 Branch Ave. 301-423-1391 • Health Savings Accounts Other Services Select Checking 0.10% 0.10% Capitol Heights* Saving Clubs 0.75% 0.75% 9001 Central Avenue 301-499-6880 Insured Money Market Account (IMMA) • MoneyLine Audio Response Service Center Outlets: $20,000+ 1.75% 1.76% • MoneyLink Home Banking Baltimore, MD Clarksburg, MD $10,000-$19,999 1.50% 1.51% District Heights, MD Frederick, MD • MoneyDirect Online Bill Payment $2,500-$9,999 0.90% 0.90% Gaithersburg, MD Germantown, MD • eStatements NEW Premium IMMA Glen Burnie, MD Hunt Valley, MD • Direct Deposit of paychecks $100,000+ 2.04% 2.06% Laurel, MD Kensington, MD $50,000-$99,999 1.79% 1.81% and other recurring payments Rockville, MD Silver Spring, MD $25,000-$49,999 1.54% 1.55% • CU Realty Real Estate Rebates Alexandria, VA Arlington, VA $0-$24,999 1.00% 1.01% • Visa Gift Cards (free) Chantilly, VA Fairfax, VA Individual Retirement Account (IRA) • Travelers Cheques Fredricksburg, VA McLean, VA $20,000+ 1.50% 1.51% • Money Orders Oakton, VA Reston, VA $2,500–$19,999 1.25% 1.26% • Western Union Quick Cash Washington, DC $1–$2,499 1.00% 1.01% • Privilege Pay For information on outlets as well as on Certificates APY** • ATM Cards, Visa Check Cards and national shared branches, access our website. 6 months† ($10,000 minimum) Call for rate Prepaid Visa Debit Cards ($1,000 $1,000– $10,000– $50,000– $100,000+ • Car Buying Services Hours: minimum) $9,999 $49,999 $99,000 • Investment Services Visit our website for service center hours. 1 year 3.09% 3.20% 3.30% 3.40% 18 months 3.09% 3.20% 3.30% 3.40% • Balance Financial Fitness Program *24-hour surcharge-free ATM on site. • Access First Legal Services 2 years 3.21% 3.31% 3.41% 3.52% 3 years 3.34% 3.44% 3.55% 3.65% • Surcharge-Free ATM Network 4 years 3.60% 3.70% 3.81% 3.91% • ATM Deposit Network 5 years 3.75% 3.86% 3.96% 4.06% ***Rates are subject to change; call for current rates. • Auto, Home, Credit, Life and Disability, ***Annual Percentage Yield GAP, Long-Term Care & AD&D Insurance Other certificate rates as of 6/30/08. Federally insured by NCUA • Extended Warranties MC97G5 6/08 13.5M VI 280964 • And More!
Pages to are hidden for
"nl summer08"Please download to view full document