Take the Road Less Traveled.

Transcription

1 SABINE FEDERAL CREDIT UNION MONEY SENSE August 2015 Take the Road Less Traveled. Auto loans as low as 2.49% APR * *APR = Annual Percentage Rate. Rates subject to change at any time without notice. Monthly payment amount approximately $28.86 on $1,000 for 36 months at 2.49% APR.

2 SCHOLARSHIP WINNERS Sabine Federal Credit Union is proud to give back to the communities we serve, especially when it comes to helping people further their education. Each year, we award scholarships to deserving students in hopes of helping them achieve their dreams. A $1,000 scholarship was awarded to a graduate from each high school in Orange County. Bridge City High School Jonathan Moore attending Northwest Community College majoring in Physical Education Orangefield High School Morgan Worthy attending Texas A&M University majoring in Kinesiology Community Christian School Brooke Brister attending Lamar State College Orange majoring in Business Vidor High School Kera Morris attending Lamar University majoring in Child Psychology Community Christian School Alayna Bergeron attending Stephen F. Austin State University majoring in Nursing West Orange-Stark High School Lanisha Jones attending Lamar Institute of Technology majoring in Respiratory Therapy Little Cypress-Mauriceville High School Blake LeBlanc attending Lamar University majoring in Mechanical Engineering Each year, Sabine Federal Credit Union awards two $500 scholarships to our Credit Union Teen $avers (CUT$) club graduating seniors. Hailee Sasser from Kirbyville High School attending Sam Houston State University majoring in Victim Studies (Criminal Justice) Maddison LeBlanc from Little Cypress-Mauriceville High School attending Lamar State College Orange majoring in General Studies/Education Congratulations to all of our scholarship recipients and to all of the Senior Classes of 2015! Sabine Federal Credit Union wishes all of you the best in your future endeavors.

3 LOVE MY CREDIT UNION REWARDS Everyone is looking for ways to save money, and that s just what Love My Credit Union Rewards is all about. Sabine FCU is excited to offer you, our member, exclusive discounts and benefits on products and services you use every day. Credit union members have already saved over $1 billion with Love My Credit Union Rewards discounts. So along with lower loan rates and fewer fees, here s another way you can save even more. > Exclusive discounted pricing on most new Chevy, Buick, or GMC vehicles with the Credit Union Member Discount from GM > Save 10% on select regularly priced Sprint monthly service; businesses save 15% on select regularly priced Sprint monthly service. Plus, waived activation and upgrade fees (up to $36 savings for each) > Savings of up to 50% off other popular plans from Credit Union Auto Club > Save up to $15 on TurboTax Federal tax products > Save on services for your home from ADT, DIRECTV, Allied, and more > Earn cash back when you shop at over 1,500 online retailers with Love to Shop The more offers you take advantage of, the more you save. Start saving today at LoveMyCreditUnion.org. Making Life Easy Mobile banking let s you access your account from anywhere...24/7! Visit or download our app from the Google Play Store or Apple App Store.

4 The Smart Option Student Loan for Sabine Federal Credit Union by Sallie Mae For borrowers attending degree-granting institutions... Now you can pay for college the smart way with three great repayment options and competitive interest rates! This loan is an ideal solution to help you pay for college expenses not covered by scholarships and federal loans. The Smart Option Student Loan features and benefits: Multiple in-school repayment options plus a choice of competitive fixed and variable interest rates provides even more flexibility No origination fees and no repayment penalty Rewards and interest rate reductions available Rates that reward creditworthy borrowers Applying with a creditworthy cosigner may help you qualify and/or receive a lower rate 100% US-based Student Loan Specialists Visit for more information. Steps to Organizing Your Finances Do you know your net worth? Or how much you spend each month, and on what? Or how much you can expect from your pension plan or Social Security in retirement? A no to most of these questions puts you with the majority of the population who have been too busy with life to get a handle on their finances. Fortunately, there's a four-step action plan to help you take control of your money. Set up a financial filing system either manually or online. Create a 1 personalized filing system by labeling accordion file pockets with broad financial categories. Then label regular file folders with subcategories that fit your situation and file them into the accordion pockets. For example, create a Property & Casualty Insurance accordion file and fill it with a Vehicle Insurance regular file folder. There are also many online apps that will allow you to do all of this electronically. Gather records. Look through your records to identify missing 2 information. For example, you need an estimate of your Social Security retirement benefits. To request one, visit ssa.gov or call Gather copies of your health, disability, life, homeowners, and vehicle insurance policies, and get a copy of your credit report. You can check your credit report the summary of your credit activity that generates your credit score from each of the three major credit reporting agencies once a year for free. Always make your requests from the annualcreditreport.com website, the only site sanctioned by the Federal Trade Commission. Or, you can call Make one request every four months in rotation among the three credit agencies so you can monitor your credit report year round. Size up your situation. Add the estimated current value of all assets, 3 including your home, car, personal property, savings, investments, and retirement accounts. Next, add all liabilities, including mortgage, credit card balances, and any other outstanding debt. Then subtract liabilities from assets to figure net worth. Then, make a list of income and expenses by reviewing paycheck stubs, online checking account information or your checkbook register, and credit card statements from the past year. Finally, track spending for a month by saving all receipts or recording cash purchases in a notebook. You also can find a spending plan or money management software program that can help organize spending by category. Chart a course. Set financial goals--long term and short term--and 4 figure how much money you'll need for each. Create a target saving and spending plan that meets needs using your list of income expenses. For a month or more, track actual spending to see how you're doing, making changes as necessary.

5 Our Community We re proud to be part of such a great community! Check Your Checks It s that time again to check your checkbook. If you have check numbers close to the 8000 mark, it is time to re-order with a lower Cops n Kids Picnic Annual Community Baby Shower Fathers Day Giveaway Winner starting number. Call or stop by to order your new checks. CUT$ Movie Day CUT$ Movie Day Mothers Day Giveaway Winner Phone Before You Fly Be sure to call your credit and debit card issuers before taking any trips, especially international trips, to let them know you are traveling. Card issuers may block Orange Means Safety Day Scottie Saver Movie Day Scottie Saver Movie Day cards for your protection when unusual activity appears on your account. Stop by the credit union to fill out a member travel form to avoid any interruptions while you are traveling.

6 P.O. Box 3000 Orange, Texas Labor Day - Monday, September 7 Veterans Day - Wednesday, November 11 Thanksgiving Day - Thursday, November 26 Thanksgiving Holiday - Friday, November 27 Christmas Eve - Thursday, December 24 Christmas Day - Friday, December 25 Featured RATES Autos As low as 2.49% Home Equity As low as 2.99% Boat As low as 4.00% Motorcycle As low as 4.00% MasterCard As low as 8.90% We ve got some of the best rates in town! For a complete list of rates, visit QUESTIONS? Contact us at or Physical Address: 1939 Strickland Dr. Orange, Texas Mailing Address: P.O. Box 3000 Orange, Texas SFCU Downtown Branch: 123 South Sixth Orange, Texas Insta Lobby Hours Monday - Friday: 8:30 a.m. - 5:00 p.m. Thursday: 8:30 a.m. - 6:00 p.m. Drive-Thru Hours Monday - Friday: 8:00 a.m. - 5:00 p.m. Thursday: 8:00 a.m. - 6:00 p.m. Lobby Hours (Downtown Office) Monday - Friday: 8:30 a.m. - 4:45 p.m. Closed for lunch: 12:00 p.m. - 1:00 p.m.