BRIGHT HORIZONS. 2 pts. VISA SIGNATURE For an even more rewarding every day. 4 Establishing a Financial Safety Net

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1 Second Quarter 2018 General Electric Credit Union (GECU) General Electric Credit Union BRIGHT HORIZONS 2 A Message from Our President & CEO 3 What to Expect: The 2018 Housing Market 4 Establishing a Financial Safety Net 5 Living Wills 6 3 Simple Tips for Safer Online Banking VISA SIGNATURE For an even more rewarding every day. Visa Signature 2 pts /00 CARDHOLDER NAME on everything, everywhere. 1 EARN 20,000 BONUS POINTS after spending $2,500 in the first 90 days of account opening. 1 REDEEM POINTS for cash deposited into a GECU account, premium merchandise, travel, gift cards, payments to your credit card, and more! UPGRADE YOUR EXPERIENCES with exclusive Visa Signature Perks, including: entertainment, wine and food, sports, and shopping offers. 2 Apply today. gecreditunion.org/signature 1 CURewards : As a new Visa Signature cardholder, you have the opportunity to earn 20,000 bonus points upon making $2,500 in purchases within the first 90 days of account opening. The bonus points will be added to your CURewards point balance and will be identified as such on your statement, estatement, quarterly CURewards Rewards statement, or within the Credit Card tab in Online Banking. For each dollar charged on a qualifying purchase in each billing period on your GECU Visa Signature card, you ll earn CURewards points. Qualifying purchases are not purchases for goods and services minus returns and other credits. Qualifying purchases do NOT include fees or interest charges, balance transfers, cash advances, or purchases of other cash equivalents. Additional terms and restrictions apply. This rewards program is offered at the discretion of GECU and may be changed from time to time with our without notification. Full terms and details of the rewards program will be included with your card and can also be found in our Signature Card Terms & Conditions, Signature Card Guide to Benefits, CURewards Rules & Conditions, and Signature Reward Program Summary. 2 Visa Signature Benefits & Perks: Certain limitations, exclusions, and restrictions apply. In order for coverage to apply you must use your covered Visa Signature Card to secure transactions. Benefits are subject to change at any time without notice. For more information on these benefits, please see Visa Signature Guide to Benefits.

2 2 gecreditunion.org l Second Quarter 2018 A MESSAGE FROM OUR PRESIDENT & CEO TIMOTHY D. BALLINGER 2018 has started off strong and our employees continue to rise to the occasion as we further develop our internal processes and position ourselves to better serve you. We have new and enhanced products and offerings already available, with more on the horizon, that will not only help you meet your financial goals, but also earn and justify your confidence in us. The current economic environment indicates a continuance of rising rates as the labor market tightens with unemployment falling. We are proactively searching for ways to better serve you with the best possible rates in this rising-rate environment. We ve recently developed a new, tiered-rate product, Amplified Money Market Checking, designed to adapt to market fluctuations with the top two tiers automatically re-pricing weekly. It s a checking account, so you will maintain access to your funds, while receiving the most competitive dividend pricing around. I encourage you to visit: gecreditunion.org/amplified to get the full product details. We re constantly working to deliver you an outstanding experience... We ve recently introduced Member Consultants at our branch offices. Our new Member Consultants are available to assist you across multiple departments and needs; whether you re looking to open a new account, apply for a loan, or talk about how you can improve your overall financial picture. Additionally, to improve the accessibility to assistance, we have introduced a Secure Chat feature to Online Banking. In just a few clicks, you can securely chat in real-time with our Member Communication Representatives (MCRs) with account questions and more. To support our continued growth, in May, we will undergo system maintenance to our communication networks requiring all our branches to be closed on Saturday, May 19 th. Additionally, Online Banking, our mobile app, and Sourceline will be unavailable beginning at 7:30 pm on Friday, May 18 th, through Sunday evening. We plan to offer extended hours on Thursday and Friday, May 17 th 18 th, to minimize any potential inconvenience. We ll communicate further details beginning in April. Finally, I hope you ve been able to explore the new section available on our website under the Learn tab. With information and articles related to every stage of your financial journey, new articles are added weekly to help keep you up-to-date about leading topics, including: owning a home, reaching your savings goals, preparing for retirement, protecting yourself online, and much more. We are constantly working to deliver you an outstanding experience and the exceptional products that collectively will, Improve the Quality of Your Financial Life. Thank you for your continued membership and the opportunity to serve your financial needs. Mark your calendar! UPCOMING OFFICE CLOSINGS SATURDAY May 19 th Communication Network System Maintenance To minimize potential inconvenience, we will be open until 7 pm on both Thursday, May 17 th and Friday, May 18 th. There will be more details to come. MONDAY May 28 th Memorial Day WEDNESDAY July 4 th Independence Day

3 3 What to Expect: THE 2018 HOUSING MARKET Brought to you by: Real Estate Services Whether you re looking to buy or sell a home, it helps to understand what you can expect in the market. Overall, 2018 is off to a great start with the buying season beginning earlier than usual. 1 Listing prices have begun their seasonal climb with the inventory of available homes at the lowest they ve been in over two decades. 2 In Cincinnati, the median list price has increased by 21% compared to February 2017 with a 20% decrease in active listings. The average home in Cincinnati is on the market for 72 days (up 3% from last year) compared to the national average of 83 days. If you re thinking of purchasing, or selling a home, contact Real Estate Services at: They ll work with you to ensure you take the necessary steps and save during the home-buying process. Real Estate Services, also doing business as the Home Information Network, Inc., is provided through CUSO Corp. a credit union service organization wholly owned by GECU. Since February 2017: Median List Prices Days on Market Active Listings $230K Up 21% 72 DAYS Up 3% 5,467 Down 20% Make your home renovation dreams a reality with our Home Equity Line of Credit Apply online today. gecreditunion.org/home-equity

4 4 We may not have all the answers, but we sure have a lot of them. Browse through our new blog! gecreditunion.org/blog Establishing a Financial Safety Net Brought to you by: Investment Services Should a financial crisis arise, whether it be unexpected medical costs or job loss, having a financial safety net in place can ensure you re protected. One way to prepare for the unexpected is to establish a cash reserve, a pool of available funds to help you get through an emergency or short-term need. How much do you need? While a general rule of thumb is three to six months of expenses, the amount needed depends on a variety of factors. Do you have a mortgage? Are you making car payments? These, along with your job security, health, and income all affect how much you need to save. Build a cash reserve. If you haven t established a cash reserve, or the one you have is inadequate, you can take several steps to build your cash pool. Reduce discretionary spending: Establish a budget and reduce frivolous spending. Most importantly, stick to it! Save aggressively: If possible, use payroll deduction, set up automatic transfers to your savings accounts, and budget savings as part of your regular expenses. Earn more: Consider stashing your reserve cash in an account that can earn a higher return and add to your balance. Properly house your cash reserve. Your cash reserve should be readily available should you need it. A savings account isn t your only option; there are a variety of account alternatives that may offer a higher return, including an interest-bearing checking account or money market. Review your cash reserve periodically. Your circumstances, financial or personal, may change having a child or buying a larger home can increase your expenses. Since your cash reserve is your first line of protection against financial emergency, take time to review it annually to ensure it fits your current needs. Knowing where to start when establishing a safety net can be difficult. Working with Investment Services, through CFS *, can help. Contact Todd Blessing or Erik Waldron today at: or at: todd.blessing@cusonet.com or erik.waldron@cusonet.com. * Non-deposit investment products and services are offered through CUSO Financial Services, L.P. ( CFS ), a registered broker-dealer (member FINRA/SIPC) and SEC-Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment representatives are registered through CFS. General Electric Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Prepared by Broadridge Investor Communication Solutions, Inc. Copyright Broadridge Investor Communication Solutions, Inc. does not provide investment, tax, or legal advice. The information presented here is not specific to any individual s personal circumstances.

5 5 gecreditunion.org l Second Quarter 2018 Living Wills Brought to you by: Legal Services Living Wills contain instructions regarding medical treatment in the event of terminal illness or permanent unconsciousness. They must be signed in the presence of two witnesses or a notary. The signer must be mentally competent. Under no circumstance may an Ohioan be denied comfort care. Comfort care is defined as the minimum amount of care administered to alleviate pain and suffering but not to prolong life. Perhaps equally important, Ohio law creates a list of persons who have the highest priority in making health care decisions in the absence of a Living Will. If there is no guardian, the decision may be made by a spouse. If there is no spouse, the majority of the adult children may decide. If there are no children, then the decision falls to the patient s parents. If there are no parents, the majority of adult siblings may direct the health care. When a patient with no Living Will becomes terminally ill or permanently unconscious, the wishes of the patient must be followed. If his or her wishes are not known, the decision must be consistent with the patient s wishes as inferred from his or her character and lifestyle. The decision maker may even elect to withhold or withdraw food and water under very specific circumstances. State approved forms can be found at in their Law Library. For more details, contact our partnered attorneys within Legal Services at: Legal Services is provided through CUSO Corp. a credit union service organization wholly owned by GECU. Legal Services is made up of attorneys from the Cincinnati law firm Wood + Lamping LLP. FREE CHECKING Not your average checking account. gecreditunion.org/checking The Average Banker The GECU Way They pay an average ATM surcharge fee of $ ,500+ FREE & SURCHARGE-FREE ATMs Their average minimum $ 0 NO MINIMUM BALANCE balance requirement is $6, % have access to a debit card rewards program. 2 AVG OF offers per member in Feb PURCHASE REWARDS OFFERS THROUGH FREE DIGITAL SOLUTIONS 4 1 Barba, Robert Bankrate Checking Account Survey - Fees Increase Again. Bankrate, Bankrate.com, 18 Oct 2017, 2 Weinick, Jason. Digital Banking Proof Points. NCR Presentation. 3 ATM Access: GECU ATM fee may apply at surcharge-free ATMs. For details, visit: gecreditunion.org/disclosures and review our Fee Schedule. 4 Online/Mobile Banking: We provide Online Banking and our mobile app to you for free; however, mobile/internet data charges may apply, as well as text message charges for text commands and alerts. Please contact your service provider for details.

6 $ $2, $3, Simple Tips for Safer Online Banking Keep your login information secure. 1 Using a strong password is vital for protecting your accounts. A few tips for creating a safe password: Change your password frequently Avoid re-using former passwords Don t write down or store your login information anywhere someone else can access Avoid common phrases, names, or dates someone could guess Beware of scams. Scammers can attempt to 2 access your account by sending fake s that appear similar to an from your financial institution. If you receive a suspicious from an unknown sender regarding your information, do not click links, open any attachments, or respond. As a best practice, type the website URL into your browser directly. Any website where a financial transaction takes place should have a padlock icon to the left of the URL and should read https indicating it s a secure webpage. $ $2, $3, Avoid banking on public Wi-Fi or public 3 computers. Free Wi-Fi has weakened protection making it easier for hackers to gain access to the public airwaves and potentially steal your information. To protect yourself, avoid accessing accounts or shopping under free Wi-Fi. Taking action and implementing these tips will help provide you a safer online banking experience. Remain vigilant and monitor your accounts for potential fraud. Your account and personal safety is important to us. If you suspect fraud on your GECU accounts, please contact us immediately at: fraud@gecreditunion.org. Join Us for an Upcoming Seminar! Would you like to learn more about retirement income planning or asset consolidation? Perhaps you want to develop a financial plan or would like to learn about the various subjects factoring into Elder Law. Join us for one of our complimentary seminars! View what s coming up and register online by visiting: gecreditunion.org/cu-events Evaluate Your Insurance Policies Make time to ensure your current auto and home insurance policies are up-to-date and all of your assets are protected. Insurance Services can help. Contact them at: Insurance Services is provided through CUSO Corp., a credit union service organization wholly owned by GECU. Insurance Services provided through Bardon Insurance Agency, Inc. dba Insurance Services. Condensed Financial Statement Number of Members...181,869 Loans... $2,526,781,567 Shares... $2,521,945,821 Assets... $2,805,027,948 Ending February 28, 2018 Contact Us Member Response Center l memberservices@gecreditunion.org Hours Mon-Thur: 8am - 5pm, Fri: 8am - 6pm Sat: 9am - 2pm Sourceline l Credit & Debit Cardholder Services During normal business hours, contact us at: and select Option 3. For after-hours cardholder services, call: and select Option 1. Online gecreditunion.org/contact-us Bright Horizons is published quarterly by GECU for its members. Availability, terms and rates of services are current at press-time; however, they are subject to change as determined by the credit union Board of Directors without prior notice. Questions about the newsletter should be directed to the Marketing department. Federally Insured by NCUA Equal Opportunity Lender GECU NMLS #449875