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JUNE 2011 Freshen Up Your Car Payment!
ATa Insight Credit Union knows everyone loves
GLANCE that new car smell! That’s why we’re offering
special refinance rates as low as 2.99% APR
when you refinance your current auto loan
SAVE THE DATE!
from another financial institution - you can
2011 Cruise for a Cause
also enjoy 90-fresh days of deferred
Insight Credit Union’s 5th Annual Cruise
payments.
for a Cause will be held on Saturday,
Stop by your local branch and speak with a Money Coach about lowering your car payment
November 5, 2011. This year’s
motorcycle poker run will benefit Hope today! Or visit InsightCreditUnion.com to apply online. We’re sure you’ll love your new lower
For The Warriors®. The mission of Hope car payment even more than that new car smell! Hurry, this offer ends July 31, 2011!
For The Warriors® is to enhance quality To qualify for the rate of 2.99% APR you must autodraft your loan payment from your Insight Credit Union checking account. No other
discounts may apply. 2.99% APR is for members with a credit score of 680 or above who refinance their vehicle from another financial
of life for U.S. service members and institution. Maximum term of 60 months. Loan application subject to a $30 Application Fee. Approved loans subject to a $74.75 Lien
Recording Fee. All new checking accounts must be verified and approved through ChexSystems. Loan subject to normal underwriting
their families nationwide who have been guidelines. Interest accrues from the date of contract. Special offer does not apply to refinancing existing Insight Credit Union auto loans.
adversely affected by injuries or death Offer ends July 31, 2011.
in the line of duty. Hope For The
Warriors® actively seeks to ensure that
the sacrifices of wounded and fallen
warriors and their families are never
forgotten nor their needs unmet.
Don’t be green with envy!
For more information, please visit Insight Credit Union is offering a special loan sticker or a print out from the internet, that
www.hopeforthewarriors.org. rate discount on all new and used auto loans the “green vehicle” you want to purchase gets
Sponsorship opportunities are available. for fuel-efficient vehicles. Purchase a new or 30 highway miles per gallon and we’ll give
For more information about how you used vehicle that gets you a great, low rate
can get involved with Cruise for
30 highway miles per plus you may be
a Cause, contact Donnie Adamczyk
at 407.659.2762 or via email at
gallon (mpg) or more eligible to receive
dadamczyk@insightcreditunion.com. and we’ll offer you a 90-days deferred
special interest rate payments.
discount of 0.50% Don’t be green
APR* off when you with envy because
CHANGE IN TERMS autodraft your loan your friends are
NOTIFICATION payment from your Insight Credit Union driving around in a fuel-efficient car with
Effective June 27, 2011, Insight Credit checking account – that’s a rate as low as more green in their pockets. Call
Union has increased the amount it will 2.99% APR!* 407.426.6000 or toll-free 888.843.8328 or
make available on deposits subject to a
Qualifying for this rate discount is easy! visit InsightCreditUnion.com and apply for a
next day availability hold to $200.00.
This means that if the credit union holds
Just bring in proof, whether it’s a window Green Auto Loan today!
*The rate of 2.99% APR reflects a 0.25% APR fuel-efficient auto discount with proof of fuel efficiency of 30 mpg highway or more on new
the funds from a deposit it will make at auto loans with an additional 0.25% APR auto loan discount when you autodraft your loan payment from your Insight Credit Union checking
least $200.00 available for withdrawal account. No other discounts may apply. 2.99% APR is the lowest possible auto loan rate. All new checking accounts must be verified and
approved through ChexSystems to be eligible for the 0.25% APR autodraft discount. Loan subject to normal underwriting guidelines. Your
by the next business day after the date actual rate will be customized based on your credit characteristics. The rate of 2.99% APR is available for the highest credit tier on autos
with a fuel efficiency of 30 mpg highway or more with autodraft. Special offer does not apply to refinancing existing Insight Credit Union auto
of deposit. loans. Interest accrues from the date of contract. Offer ends July 31, 2011.
PRESIDENT’S Enjoy summer! Skip your loan payment!
Insight Credit Union is helping you make the most of the sunny season by letting you skip
your loan payment with Skip-a-Pay!
POINT If you have a checking account, and a loan with us and your loan payments are made
through autodraft, you can now skip-a-payment. For a small fee of up to $25 per skipped
payment, you can take a break from that monthly bill and use the extra cash to make a splash
this summer.
To get started skipping, simply go to InsightCreditUnion.com, login to Insight Online
and click on the Skip-a-Pay button. It’s that easy!
You must have an Insight Credit Union checking account, and your loan payment must be set up to autodraft from your Insight Credit
Union checking account for that loan type to be eligible to skip-a-payment. This offer does not apply to Real Estate Loans, Lines of
Credit, Leases, Share/Certificate Secured, Credit Cards, Business Loans, Fresh Start or New Beginnings loans. Normal interest will
continue to accrue, and your skipped payment will be added to the end of your loan term. This payment will result in an extension of the
George R. Davis maturity date and will increase the Finance Charges disclosed on the original promissory note. There will be a $25 fee for Direct loans
(L1, L2, L3, L4, L5, L6, L9, L35, L41 and L42) and a $15 fee for Indirect loans (L31, L32, L90, L91, L94 and L95) that will apply to skip-
President/CEO a-pays processed online. An additional fee will apply for skip-a-pays processed in person, at a branch or through the mail. The
processing fee will increase the loan’s APR. All loans must be current and in good standing prior to skipping a payment. Loan must be
on the books for at least six months to be eligible for skip-a-pay. Each loan type may be skipped only twice during a twelve month period.
As consumers, we all benefit greatly from
debit cards by having increased buying power,
convenience and security. Retailers also receive
tremendous benefits when accepting debit cards
for payment, including higher sales, lower costs Teachers deserve more credit – extra credit even!
and guaranteed payment. By paying the small
interchange fee to the bank or credit union that
At Insight Credit Union, we want to help make teachers’ summer more carefree with an extra
issued the card, retailers avoid the hassle, cost paycheck in their pocket.
and risk of handling checks and currency. And by If you are a teacher or educational support employee, you can receive up to $2,000 – up
having the funds immediately transferred to the amount of your most recent paycheck – to use this summer for whatever you want.
electronically, they avoid the risk of any fraud that
may occur. That’s a payment amount of about $167 per month (or less depending on the amount you
The interchange income received by Insight borrow) and it’s paid back in just 12 months with no interest. Teachers increase your GPA with
Credit Union is then used to cover the cost of a little R&R this summer! We have the cash to help you do it!
operating and maintaining credit and debit card • 0% APR*
programs that the credit union offers. Interchange
income also allows us to offer products such as • Up to $2,000** for Summer Break!
Free Checking and Incentive Checking. • Pay it back over 12 months – that’s a payment of $167 per month*** or less!
Last year, Congress passed the Dodd-Frank • 90-days deferred payments**** – so no payments until you’re back to school!
Wall Street Reform and Consumer Protection Act
[PL 111-203]. One of the Act’s provisions allows A Summer Break Loan is as easy as 1-2-3:
the Federal Reserve to regulate and cap 1. Be a member of Insight Credit Union
interchange fees on debit cards. On July 21st, the 2. Direct deposit your net paycheck into an Insight Credit Union account
new limits to interchange fees take effect and
retailers and their shareholders stand to receive an 3. Provide a pay stub from your school to verify employment
estimated $14 billion dollars in added profit. You’ve worked hard all school year – now get the extra credit you deserve! Don’t be
Unfortunately, they are the only group that stands
to benefit from this new regulation. tardy! Stop by your local branch or call 407.426.6000 or toll-free 888.843.8328 to speak to
Lower interchange fees mean less a Money Coach about a Summer Break Loan today! Or visit InsightCreditUnion.com to
interchange income for the credit union. To apply online.
compensate for this loss in interchange income on
*APR=Annual Percentage Rate. Open to qualifying educators and school employees (copy of pay stub may be required). Membership,
debit card transactions, many banks and credit as well as direct deposit of net paycheck into an Insight Credit Union savings or checking account, is required. Approved borrowers
unions like Insight are being forced to either reduce must qualify under Insight’s standard personal loan underwriting guidelines. Offer valid June 1, 2011 through August 31, 2011. **Loan
expenses in other areas to make up the difference, amount cannot exceed that of the educator’s net paycheck amount; maximum amount $2,000. ***Average payment of $167 is for a
loan amount of $2,000 over a 12 month period. ****This offer is subject to credit approval and loan disbursement.
eliminate beneficial products such as our Free
Checking account, or begin charging for other
services such as printed monthly statements.
One way for us to reduce expenses is to
reduce the number of monthly statements we print
and mail to members. By converting a majority of
Let Our Mortgage Experts Help You
our members to eStatements, we are not only Whether you’re thinking it’s time for a new home, looking to buy your very first home, or
reducing expenses, but more importantly we’re already own that perfect home, your Money Coach is here to help! At Insight Credit Union,
helping to secure your private information at the we offer a wide variety of highly competitive mortgage products, and a staff of knowledgeable
same time. eStatements are faster, more
convenient, and best of all free! It is our hope that and friendly professionals who can guide you through your options every step of the way.
by reducing the expense of printing and mailing Did you know Insight Credit Union now offers FHA and VA Mortgages? That’s right!
monthly statements, we will be able to continue Federal Housing Administration or FHA Mortgages are ideal for first-time homebuyers
offering the same quality products you’ve grown
accustomed to without charging a fee.
seeking a lower down payment and lower closing costs. Veterans Administration or VA
Managing your money wisely is the Mortgages are also available to qualified members with maximum loan amounts up to $417,000.
cornerstone of our mission. We are doing our best Already own your dream home? A home equity line of credit can be a great way to finance
to make decisions that will provide you with the a wide variety of major purchases. The home equity line uses the equity in your home and can
best products and services while keeping your
money safe and secure. Thank you for allowing
be accessed at your convenience with checks or in person.
us to serve your financial needs. We sincerely Please contact a Mortgage Specialist at 407.426.6000 or toll-free 888.843.8328 ext. 16040
appreciate your support and your business. for information about our mortgage products, the application process, and much more!
Our Mission Statement is to provide exceptional service and improve
our members’ financial lives. To accomplish this, we will maintain
earnings and reserves which promote sound growth and encourage
P.O. Box 4900 member confidence.
Orlando, FL 32802-4900
Insight Credit Union is federally insured by the National Credit Union Administration.
MEMBER SUPPORT CENTER 407.426.6000 • TOLL-FREE 888.843.8328 • SMARTLINE TOLL-FREE 800.96FUNDS • www.InsightCreditUnion.com
