It s Tax Season Have You Made Your IRA Contribution for 2017?

Transcription

1 Dr. William J. Russo, Secretary P.O. BOX 9003 WESTBURY NY 590 NOTICE OF ANNUAL MEETING AND ELECTIONS 3) 4) Please provide the name and member number for all attendees. Seating is available on a first-come, first-served basis. Please complete reverse side before mailing. ) 2)_ From the Desk of Dear Members, I hope you will join us Saturday, March 24, 208, for NEFCU s 79th Annual Meeting, which begins at 9:00 a.m. Three vacancies on the Board of Directors will be filled. The nominating committee has proposed the following candidates: Catherine Banigo - 3-Year Term Ms. Banigo is a Certified Credit Union Director, an educational consultant and the co-founder of an international business. She holds an MBA in Management and an MS in Education. In addition to being a Returned Peace Corps Volunteer, Ms. Banigo serves as a member of several national and international organizations. She dedicates her time and expertise to business, educational and social organizations that promote peace and the empowerment of women. Ms. Banigo has served as a volunteer member of NEFCU s Supervisory and Advisory Committees as well as being a Credit Union Ambassador. She was elected to the NEFCU Board of Directors in 2002 and serves as Chairperson for the Board s Funding Your Ideas FYI Teacher Grant Committee, and is the Chairperson of the Governance Committee. Dr. George J. Papaioannou - 3-Year Term Dr. Papaioannou is a Distinguished Professor Emeritus who served as a finance faculty and Vice Dean at the Zarb School of Business of Hofstra University. As a faculty member, Dr. Papaioannou taught corporate finance and investment banking and published and presented numerous academic articles and papers on various topics of finance. He is the co-author of a recently published book in investment banking. As Vice Dean, Dr. Papaioannou oversaw the academic operations of the Zarb School and its strategic planning. He is a founding trustee of the Multinational Finance Society and a member of the editorial board of the Journal of Financial Service Marketing. Dr. Papaioannou is an enthusiastic supporter of the credit union movement and its philosophy, and has served as a volunteer on the NEFCU Board of Directors since 994. He currently serves as st Vice Chairman and a member of the Finance Committee of NEFCU. Dr. Papaioannou earned an MBA from Duquesne University and a Ph.D. from Penn State University. George Zweier - 3-Year Term George Zweier was elected to the NEFCU Board as Treasurer in early 204. He is an accomplished certified public accountant and currently the Chief Financial Officer of BRT Apartments Corp., a Long Island-based real estate investment trust that focuses on multi-family apartment ownership. A resident of Commack, NY, Mr. Zweier has served in the financial reporting departments at a number of banking institutions over the past three decades, including positions at The Bank of Tokyo and the Dime Savings Bank of New York. He received his Bachelor s Degree in Accounting from Hofstra University and his Masters of Business Administration in Finance from St. John s University. Mr. Zweier is a member of the AICPA, and the New York State Society of CPAs. Nominations for vacancies may also be made by petition, signed by not less than 500 members. Each nominee, by petition, shall submit a statement of qualifications and biographical data with his or her petition. Official petitions are available from the Secretary. Only one nominee may be named per petition. To be effective, such nominations shall be accompanied by a signed certificate from the nominee stating that he/she is agreeable to the nomination and will serve if elected to office. Such certificates shall be filed with the Credit Union s Secretary at least 40 days prior to the Annual Meeting or by February 2, 208. Nominations may only be made by the Nominating Committee or by petition; there will be no nominations from the floor. I look forward to seeing you there. Respectfully submitted, Dr. William J. Russo Secretary VISA Olympic Winter Games Sweepstakes 208! Guided city tour $,000 VISA Prepaid product JANUARY 208 SATURDAY, MARCH 3 Deadline for Making a Difference College & Community College Scholarships One Grand Prize winner will receive a trip for two to a past Olympic Winter Games host city that includes: Ground transportation to and from the airport DAT E S MONDAY, JANUARY 5, 208 NEFCU will be closed in observance of Dr. Martin Luther King, Jr. Day NEFCU VISA credit cardholders who use their VISA for purchases from January February 28, 208 are automatically entered for a chance to win a trip for two to a past Olympic Winter Games host city! The more cardholders use VISA for their purchases, the more chances they ll have to win. Seven-day trip including airfare and hotel accommodations IMPORTANT For a list of past Olympic Winter Games host cities, please visit the Promotions page on mynefcu.org to see the Official Rules. Not a VISA credit cardholder? Visit mynefcu.org, call , or stop by your nearest branch to apply today! NO PURCHASE OR OBLIGATION NECESSARY TO ENTER OR WIN THE VISA OLYMPIC WINTER GAMES SWEEPSTAKES 208. Non-Purchase Entries and Purchase Entries have an equal chance of winning. Open only to legal resident of the fifty (50) U.S. and D.C., 8 or older as of January, 208 and legal residents of Canada who are of the age of legal majority in their territory or province of residence as of January, 208. For complete details including details on Non-Purchase Entries, see the Official Rules. PIN-based and ATM transactions are not eligible. Void in Puerto Rico and where prohibited. Sweepstakes ends 28 February 208. Sponsored by VISA U.S.A. and VISA Canada Corporation. Win Up to $25,000 When you Start Using Turbo Tax for Free* Now it s easier than ever for you to complete your taxes online with TurboTax. And to make the experience even better all members who start any TurboTax product via NEFCU s Online Banking service, will automatically be entered into a Sweepstakes to win up to $25,000! The Sweepstakes runs through February 5, 208. Happy New Year!!! As we enter 208, we remain dedicated to serving the financial needs of you and your family. As your Credit Union, our goal continues to be to provide you with the best products and services available with the great rates, low fees and exceptional banking services that you have come to know and depend upon. We look forward to meeting your ongoing needs now and in future. Here s to a healthy and happy New Year! SATURDAY, MARCH 24 SAVE THE DATE 79th Annual Meeting Hofstra University Club College and Community College Scholarship Deadline: March 3st Don t miss your chance to apply for NEFCU s Making a Difference Community College or College Scholarships! The submission deadline is March 3st. Enjoy the savings! Visit mynefcu.org, call (56) or stop in your local branch today! * APY = Annual Percentage Yield. Assumes funds remain on deposit for a full year. This account will automatically renew at maturity to our -Year Certificate account. Penalty may apply for early withdrawals from Certificates. Fees could reduce earnings on the account. Subject to change without notice. Transfer Your High-Rate Balances to NEFCU and Enjoy the Rewards!* Visit mynefcu.org/ scholarships for details. Tired of paying high credit card rates and fees? Now s the time to transfer to a NEFCU VISA Credit Card with NO Annual, Balance Transfer, or Foreign Transaction Fees plus great LOW rates! Turbo Tax benefits include: For Returning users: See data from last year s return automatically transferred to your new return, to save time and avoid potential mistakes. Get answers 24/7: To your specific tax-related questions from experts before and during the completion of your return. Enjoy peace of mind: Knowing that calculations are 00% accurate and maximum refunds are guaranteed or your money back. If you re a homeowner, NEFCU s Home Equity Line is the smart way to pay for home improvements, tuition, debt consolidation, and more! Receive 0.99% APR for 6 months then as low as Prime minus 0.25% for life thereafter! Fixed-rate Home Equity Loans also available. or visit us on the web at mynefcu.org For a simple and hassle-free experience, log in to Online Banking today. For official rules, visit the promotions page on mynefcu.org. *One $25,000 Grand Prize, Twelve $,000 First Prizes. No purchase necessary, just start TurboTax Online from the NEFCU Online Banking website and provide a valid address to be entered to win. Promotion ends February 5, 208. Subject to Official Rules. Void where prohibited. Need quick cash to pay off an upcoming expense or event? A NEFCU Personal Loan provides generous loan amounts for immediate or upcoming needs such as furniture, travel, a wedding, and more. And now, applying is easier than ever! Keep in mind that non-real estate loan applications can now be accepted over the phone and decisions provided 24 hours a day! For more information, call , visit us online or stop into your nearest branch. * All loan types, rates and terms are based on applicant s credit history. Applicants who are not offered the lowest rate or term may be offered credit at a higher-rate or term; not all applicants may be approved. Rates are subject to change without notice. APR = Annual Percentage Rate. 0.99% APR introductory rate is fixed for the first six (6) months. Rate floor is the Prime Rate less 0.25%, which is currently 4.25%. Rates are based on the Prime Rate less 0.25% as published in the Wall Street Journal plus a margin of up to 2.5%. Terms and conditions are subject to change without notice. Rate will revert to as low as Prime less 0.25% once a six (6) month introductory period has expired. Rates shown are the lowest rates offered for the advertised product. Applicants who are not approved at these rates may be offered a higher rate. The maximum APR imposed under the plan will not exceed 8%.

2 If you ve been thinking about pursuing a refinance on your mortgage, now is a great time to explore your options. With interest rates anticipated to rise in 208, now is the time to set up a free mortgage review with one of our expert mortgage counselors. Meet in-person or over the phone whichever is most convenient for you. Changing the term of your mortgage to reduce your monthly payment or the amount of interest you pay over the life of your loan FREE consultation Monday-Friday, 9am to 5pm or visit mynefcu.org/contact/ mortgage-specialist Give us the opportunity to help you refinance to a more affordable mortgage. Or ask us about financing for a new home including our NO CLOSING COST* OPTION. We ll be with you every step of the way from your application through closing. *NEFCU does not charge closing costs. Member is still responsible for certain mortgage settlement costs. Contact NEFCU for additional information. Subject to credit approval. Provided by START THE NEW YEAR RIGHT WITH OUR NEW & IMPROVED ONLINE BUSINESS BANKING! Choose a strategy to make the most out of your IRA. Now is the right time to: Check whether your savings is on track Determine whether a Roth or Traditional IRA works best for you Set your financial priorities Ensure your income is tax diversified Call now to schedule an appointment and explore your options. Contact Lillian Pabst, NEFCU Investment Services Coordinator at We recently launched an entirely new Online Business Banking platform, rich with exciting new features and enhancements that you have been asking for! The new platform provides improved functionality, easy navigation, and an intuitive design to streamline your overall online experience. Features include: A simplified log-in process Ability to view online statements Ability to set alert notifications Enhanced entitlement controls And much more! Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all 50 states of the United States of America. Representative is neither a tax advisory nor attorney. For information regarding your specific tax situation, please consult a tax professional. For legal questions, including a discussion about estate planning, please consult your attorney. FR Get started today! Call us at or stop in your nearest NEFCU branch. Mail reservation request to: NEFCU Annual Meeting Committee, Attn: Francine Dougherty, 000 Corporate Drive, Westbury, NY 590 *If reserving more than one place, please complete the back of this form. It s Tax Season Have You Made Your IRA Contribution for 207? George Plevretes Chairman of the Board of Directors nefcugpp@gmail.com Moving from an Adjustable Rate to a Fixed one OR for a City/State/Zip Code Don t waste your money. Unless you are dealing with the Special Olympics, Make a Wish, the Muscular Dystrophy Association or other reputable groups, keep your money NEFCU cares about you and your money and we would hate to see you waste it while trying to help others. NEFCU - the Credit Union for Better Banking. Today s low interest rates Call today Address Phone No._ The vast majority of charities are registered with the IRS, do their best to achieve their mission, and are not under investigation for fraud. But the names and the sales pitch can be very confusing. Scams can sound like honest efforts but your money goes to support a con man s lifestyle or a phone solicitor s salary not the stated intention of the charity. We should not let these scoundrels get away with this when there are so many worthy causes. We ll help you determine whether you can benefit from: Name (please print)_ Member No. Our relationships with these charities are based on trust. Donors trust the organizations they support to fulfill their stated mission and to use their gifts appropriately. They expect the charity to follow both IRS regulations and the law. AND they expect the funds that they donate, or at least a major part of those funds to accomplish the stated mission of the charity rather than to enrich collectors and the operators. Are you on the fence about refinancing? Please reserve places. We Americans can be very generous people. Our hearts go out to the less fortunate and we willingly give our hard earned dollars to any charity that touches our heart. Those donations are generally tax deductible based on IRS rules that allow them to act as charities. The vast majority of these charitable organizations follow those rules. However, a very small number of fraudulent entities and scams abuse the trust we have in the people who run these charities. They prey upon our emotions and good intentions by posing as charities. until you can check them out. Make it a rule that you Do not agree to give money over the phone, or over the internet based upon a solicitation! Period. Tell the caller or the er to send a request by mail. When you get their full name and address, you can then check them out on a site such as Charity Navigator or other charity rating website where you can dig a little deeper to learn more about the organization before deciding it is worthy of your support. PLEASE NOTE: THIS IS A MEMBERS ONLY EVENT. PLEASE COMPLETE THIS FORM IN ITS ENTIRETY AND RETURN BY MARCH 2, 208 A Waste of Money

3 If you ve been thinking about pursuing a refinance on your mortgage, now is a great time to explore your options. With interest rates anticipated to rise in 208, now is the time to set up a free mortgage review with one of our expert mortgage counselors. Meet in-person or over the phone whichever is most convenient for you. Changing the term of your mortgage to reduce your monthly payment or the amount of interest you pay over the life of your loan FREE consultation Monday-Friday, 9am to 5pm or visit mynefcu.org/contact/ mortgage-specialist Give us the opportunity to help you refinance to a more affordable mortgage. Or ask us about financing for a new home including our NO CLOSING COST* OPTION. We ll be with you every step of the way from your application through closing. *NEFCU does not charge closing costs. Member is still responsible for certain mortgage settlement costs. Contact NEFCU for additional information. Subject to credit approval. Provided by START THE NEW YEAR RIGHT WITH OUR NEW & IMPROVED ONLINE BUSINESS BANKING! Choose a strategy to make the most out of your IRA. Now is the right time to: Check whether your savings is on track Determine whether a Roth or Traditional IRA works best for you Set your financial priorities Ensure your income is tax diversified Call now to schedule an appointment and explore your options. Contact Lillian Pabst, NEFCU Investment Services Coordinator at We recently launched an entirely new Online Business Banking platform, rich with exciting new features and enhancements that you have been asking for! The new platform provides improved functionality, easy navigation, and an intuitive design to streamline your overall online experience. Features include: A simplified log-in process Ability to view online statements Ability to set alert notifications Enhanced entitlement controls And much more! Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all 50 states of the United States of America. Representative is neither a tax advisory nor attorney. For information regarding your specific tax situation, please consult a tax professional. For legal questions, including a discussion about estate planning, please consult your attorney. FR Get started today! Call us at or stop in your nearest NEFCU branch. Mail reservation request to: NEFCU Annual Meeting Committee, Attn: Francine Dougherty, 000 Corporate Drive, Westbury, NY 590 *If reserving more than one place, please complete the back of this form. It s Tax Season Have You Made Your IRA Contribution for 207? George Plevretes Chairman of the Board of Directors nefcugpp@gmail.com Moving from an Adjustable Rate to a Fixed one OR for a City/State/Zip Code Don t waste your money. Unless you are dealing with the Special Olympics, Make a Wish, the Muscular Dystrophy Association or other reputable groups, keep your money NEFCU cares about you and your money and we would hate to see you waste it while trying to help others. NEFCU - the Credit Union for Better Banking. Today s low interest rates Call today Address Phone No._ The vast majority of charities are registered with the IRS, do their best to achieve their mission, and are not under investigation for fraud. But the names and the sales pitch can be very confusing. Scams can sound like honest efforts but your money goes to support a con man s lifestyle or a phone solicitor s salary not the stated intention of the charity. We should not let these scoundrels get away with this when there are so many worthy causes. We ll help you determine whether you can benefit from: Name (please print)_ Member No. Our relationships with these charities are based on trust. Donors trust the organizations they support to fulfill their stated mission and to use their gifts appropriately. They expect the charity to follow both IRS regulations and the law. AND they expect the funds that they donate, or at least a major part of those funds to accomplish the stated mission of the charity rather than to enrich collectors and the operators. Are you on the fence about refinancing? Please reserve places. We Americans can be very generous people. Our hearts go out to the less fortunate and we willingly give our hard earned dollars to any charity that touches our heart. Those donations are generally tax deductible based on IRS rules that allow them to act as charities. The vast majority of these charitable organizations follow those rules. However, a very small number of fraudulent entities and scams abuse the trust we have in the people who run these charities. They prey upon our emotions and good intentions by posing as charities. until you can check them out. Make it a rule that you Do not agree to give money over the phone, or over the internet based upon a solicitation! Period. Tell the caller or the er to send a request by mail. When you get their full name and address, you can then check them out on a site such as Charity Navigator or other charity rating website where you can dig a little deeper to learn more about the organization before deciding it is worthy of your support. PLEASE NOTE: THIS IS A MEMBERS ONLY EVENT. PLEASE COMPLETE THIS FORM IN ITS ENTIRETY AND RETURN BY MARCH 2, 208 A Waste of Money

4 If you ve been thinking about pursuing a refinance on your mortgage, now is a great time to explore your options. With interest rates anticipated to rise in 208, now is the time to set up a free mortgage review with one of our expert mortgage counselors. Meet in-person or over the phone whichever is most convenient for you. Changing the term of your mortgage to reduce your monthly payment or the amount of interest you pay over the life of your loan FREE consultation Monday-Friday, 9am to 5pm or visit mynefcu.org/contact/ mortgage-specialist Give us the opportunity to help you refinance to a more affordable mortgage. Or ask us about financing for a new home including our NO CLOSING COST* OPTION. We ll be with you every step of the way from your application through closing. *NEFCU does not charge closing costs. Member is still responsible for certain mortgage settlement costs. Contact NEFCU for additional information. Subject to credit approval. Provided by START THE NEW YEAR RIGHT WITH OUR NEW & IMPROVED ONLINE BUSINESS BANKING! Choose a strategy to make the most out of your IRA. Now is the right time to: Check whether your savings is on track Determine whether a Roth or Traditional IRA works best for you Set your financial priorities Ensure your income is tax diversified Call now to schedule an appointment and explore your options. Contact Lillian Pabst, NEFCU Investment Services Coordinator at We recently launched an entirely new Online Business Banking platform, rich with exciting new features and enhancements that you have been asking for! The new platform provides improved functionality, easy navigation, and an intuitive design to streamline your overall online experience. Features include: A simplified log-in process Ability to view online statements Ability to set alert notifications Enhanced entitlement controls And much more! Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all 50 states of the United States of America. Representative is neither a tax advisory nor attorney. For information regarding your specific tax situation, please consult a tax professional. For legal questions, including a discussion about estate planning, please consult your attorney. FR Get started today! Call us at or stop in your nearest NEFCU branch. Mail reservation request to: NEFCU Annual Meeting Committee, Attn: Francine Dougherty, 000 Corporate Drive, Westbury, NY 590 *If reserving more than one place, please complete the back of this form. It s Tax Season Have You Made Your IRA Contribution for 207? George Plevretes Chairman of the Board of Directors nefcugpp@gmail.com Moving from an Adjustable Rate to a Fixed one OR for a City/State/Zip Code Don t waste your money. Unless you are dealing with the Special Olympics, Make a Wish, the Muscular Dystrophy Association or other reputable groups, keep your money NEFCU cares about you and your money and we would hate to see you waste it while trying to help others. NEFCU - the Credit Union for Better Banking. Today s low interest rates Call today Address Phone No._ The vast majority of charities are registered with the IRS, do their best to achieve their mission, and are not under investigation for fraud. But the names and the sales pitch can be very confusing. Scams can sound like honest efforts but your money goes to support a con man s lifestyle or a phone solicitor s salary not the stated intention of the charity. We should not let these scoundrels get away with this when there are so many worthy causes. We ll help you determine whether you can benefit from: Name (please print)_ Member No. Our relationships with these charities are based on trust. Donors trust the organizations they support to fulfill their stated mission and to use their gifts appropriately. They expect the charity to follow both IRS regulations and the law. AND they expect the funds that they donate, or at least a major part of those funds to accomplish the stated mission of the charity rather than to enrich collectors and the operators. Are you on the fence about refinancing? Please reserve places. We Americans can be very generous people. Our hearts go out to the less fortunate and we willingly give our hard earned dollars to any charity that touches our heart. Those donations are generally tax deductible based on IRS rules that allow them to act as charities. The vast majority of these charitable organizations follow those rules. However, a very small number of fraudulent entities and scams abuse the trust we have in the people who run these charities. They prey upon our emotions and good intentions by posing as charities. until you can check them out. Make it a rule that you Do not agree to give money over the phone, or over the internet based upon a solicitation! Period. Tell the caller or the er to send a request by mail. When you get their full name and address, you can then check them out on a site such as Charity Navigator or other charity rating website where you can dig a little deeper to learn more about the organization before deciding it is worthy of your support. PLEASE NOTE: THIS IS A MEMBERS ONLY EVENT. PLEASE COMPLETE THIS FORM IN ITS ENTIRETY AND RETURN BY MARCH 2, 208 A Waste of Money

5 Dr. William J. Russo, Secretary P.O. BOX 9003 WESTBURY NY 590 NOTICE OF ANNUAL MEETING AND ELECTIONS 3) 4) Please provide the name and member number for all attendees. Seating is available on a first-come, first-served basis. Please complete reverse side before mailing. ) 2)_ From the Desk of Dear Members, I hope you will join us Saturday, March 24, 208, for NEFCU s 79th Annual Meeting, which begins at 9:00 a.m. Three vacancies on the Board of Directors will be filled. The nominating committee has proposed the following candidates: Catherine Banigo - 3-Year Term Ms. Banigo is a Certified Credit Union Director, an educational consultant and the co-founder of an international business. She holds an MBA in Management and an MS in Education. In addition to being a Returned Peace Corps Volunteer, Ms. Banigo serves as a member of several national and international organizations. She dedicates her time and expertise to business, educational and social organizations that promote peace and the empowerment of women. Ms. Banigo has served as a volunteer member of NEFCU s Supervisory and Advisory Committees as well as being a Credit Union Ambassador. She was elected to the NEFCU Board of Directors in 2002 and serves as Chairperson for the Board s Funding Your Ideas FYI Teacher Grant Committee, and is the Chairperson of the Governance Committee. Dr. George J. Papaioannou - 3-Year Term Dr. Papaioannou is a Distinguished Professor Emeritus who served as a finance faculty and Vice Dean at the Zarb School of Business of Hofstra University. As a faculty member, Dr. Papaioannou taught corporate finance and investment banking and published and presented numerous academic articles and papers on various topics of finance. He is the co-author of a recently published book in investment banking. As Vice Dean, Dr. Papaioannou oversaw the academic operations of the Zarb School and its strategic planning. He is a founding trustee of the Multinational Finance Society and a member of the editorial board of the Journal of Financial Service Marketing. Dr. Papaioannou is an enthusiastic supporter of the credit union movement and its philosophy, and has served as a volunteer on the NEFCU Board of Directors since 994. He currently serves as st Vice Chairman and a member of the Finance Committee of NEFCU. Dr. Papaioannou earned an MBA from Duquesne University and a Ph.D. from Penn State University. George Zweier - 3-Year Term George Zweier was elected to the NEFCU Board as Treasurer in early 204. He is an accomplished certified public accountant and currently the Chief Financial Officer of BRT Apartments Corp., a Long Island-based real estate investment trust that focuses on multi-family apartment ownership. A resident of Commack, NY, Mr. Zweier has served in the financial reporting departments at a number of banking institutions over the past three decades, including positions at The Bank of Tokyo and the Dime Savings Bank of New York. He received his Bachelor s Degree in Accounting from Hofstra University and his Masters of Business Administration in Finance from St. John s University. Mr. Zweier is a member of the AICPA, and the New York State Society of CPAs. Nominations for vacancies may also be made by petition, signed by not less than 500 members. Each nominee, by petition, shall submit a statement of qualifications and biographical data with his or her petition. Official petitions are available from the Secretary. Only one nominee may be named per petition. To be effective, such nominations shall be accompanied by a signed certificate from the nominee stating that he/she is agreeable to the nomination and will serve if elected to office. Such certificates shall be filed with the Credit Union s Secretary at least 40 days prior to the Annual Meeting or by February 2, 208. Nominations may only be made by the Nominating Committee or by petition; there will be no nominations from the floor. I look forward to seeing you there. Respectfully submitted, Dr. William J. Russo Secretary VISA Olympic Winter Games Sweepstakes 208! Guided city tour $,000 VISA Prepaid product JANUARY 208 SATURDAY, MARCH 3 Deadline for Making a Difference College & Community College Scholarships One Grand Prize winner will receive a trip for two to a past Olympic Winter Games host city that includes: Ground transportation to and from the airport DAT E S MONDAY, JANUARY 5, 208 NEFCU will be closed in observance of Dr. Martin Luther King, Jr. Day NEFCU VISA credit cardholders who use their VISA for purchases from January February 28, 208 are automatically entered for a chance to win a trip for two to a past Olympic Winter Games host city! The more cardholders use VISA for their purchases, the more chances they ll have to win. Seven-day trip including airfare and hotel accommodations IMPORTANT For a list of past Olympic Winter Games host cities, please visit the Promotions page on mynefcu.org to see the Official Rules. Not a VISA credit cardholder? Visit mynefcu.org, call , or stop by your nearest branch to apply today! NO PURCHASE OR OBLIGATION NECESSARY TO ENTER OR WIN THE VISA OLYMPIC WINTER GAMES SWEEPSTAKES 208. Non-Purchase Entries and Purchase Entries have an equal chance of winning. Open only to legal resident of the fifty (50) U.S. and D.C., 8 or older as of January, 208 and legal residents of Canada who are of the age of legal majority in their territory or province of residence as of January, 208. For complete details including details on Non-Purchase Entries, see the Official Rules. PIN-based and ATM transactions are not eligible. Void in Puerto Rico and where prohibited. Sweepstakes ends 28 February 208. Sponsored by VISA U.S.A. and VISA Canada Corporation. Win Up to $25,000 When you Start Using Turbo Tax for Free* Now it s easier than ever for you to complete your taxes online with TurboTax. And to make the experience even better all members who start any TurboTax product via NEFCU s Online Banking service, will automatically be entered into a Sweepstakes to win up to $25,000! The Sweepstakes runs through February 5, 208. Happy New Year!!! As we enter 208, we remain dedicated to serving the financial needs of you and your family. As your Credit Union, our goal continues to be to provide you with the best products and services available with the great rates, low fees and exceptional banking services that you have come to know and depend upon. We look forward to meeting your ongoing needs now and in future. Here s to a healthy and happy New Year! SATURDAY, MARCH 24 SAVE THE DATE 79th Annual Meeting Hofstra University Club College and Community College Scholarship Deadline: March 3st Don t miss your chance to apply for NEFCU s Making a Difference Community College or College Scholarships! The submission deadline is March 3st. Enjoy the savings! Visit mynefcu.org, call (56) or stop in your local branch today! * APY = Annual Percentage Yield. Assumes funds remain on deposit for a full year. This account will automatically renew at maturity to our -Year Certificate account. Penalty may apply for early withdrawals from Certificates. Fees could reduce earnings on the account. Subject to change without notice. Transfer Your High-Rate Balances to NEFCU and Enjoy the Rewards!* Visit mynefcu.org/ scholarships for details. Tired of paying high credit card rates and fees? Now s the time to transfer to a NEFCU VISA Credit Card with NO Annual, Balance Transfer, or Foreign Transaction Fees plus great LOW rates! Turbo Tax benefits include: For Returning users: See data from last year s return automatically transferred to your new return, to save time and avoid potential mistakes. Get answers 24/7: To your specific tax-related questions from experts before and during the completion of your return. Enjoy peace of mind: Knowing that calculations are 00% accurate and maximum refunds are guaranteed or your money back. If you re a homeowner, NEFCU s Home Equity Line is the smart way to pay for home improvements, tuition, debt consolidation, and more! Receive 0.99% APR for 6 months then as low as Prime minus 0.25% for life thereafter! Fixed-rate Home Equity Loans also available. or visit us on the web at mynefcu.org For a simple and hassle-free experience, log in to Online Banking today. For official rules, visit the promotions page on mynefcu.org. *One $25,000 Grand Prize, Twelve $,000 First Prizes. No purchase necessary, just start TurboTax Online from the NEFCU Online Banking website and provide a valid address to be entered to win. Promotion ends February 5, 208. Subject to Official Rules. Void where prohibited. Need quick cash to pay off an upcoming expense or event? A NEFCU Personal Loan provides generous loan amounts for immediate or upcoming needs such as furniture, travel, a wedding, and more. And now, applying is easier than ever! Keep in mind that non-real estate loan applications can now be accepted over the phone and decisions provided 24 hours a day! For more information, call , visit us online or stop into your nearest branch. * All loan types, rates and terms are based on applicant s credit history. Applicants who are not offered the lowest rate or term may be offered credit at a higher-rate or term; not all applicants may be approved. Rates are subject to change without notice. APR = Annual Percentage Rate. 0.99% APR introductory rate is fixed for the first six (6) months. Rate floor is the Prime Rate less 0.25%, which is currently 4.25%. Rates are based on the Prime Rate less 0.25% as published in the Wall Street Journal plus a margin of up to 2.5%. Terms and conditions are subject to change without notice. Rate will revert to as low as Prime less 0.25% once a six (6) month introductory period has expired. Rates shown are the lowest rates offered for the advertised product. Applicants who are not approved at these rates may be offered a higher rate. The maximum APR imposed under the plan will not exceed 8%.

6 If you ve been thinking about pursuing a refinance on your mortgage, now is a great time to explore your options. With interest rates anticipated to rise in 208, now is the time to set up a free mortgage review with one of our expert mortgage counselors. Meet in-person or over the phone whichever is most convenient for you. Changing the term of your mortgage to reduce your monthly payment or the amount of interest you pay over the life of your loan FREE consultation Monday-Friday, 9am to 5pm or visit mynefcu.org/contact/ mortgage-specialist Give us the opportunity to help you refinance to a more affordable mortgage. Or ask us about financing for a new home including our NO CLOSING COST* OPTION. We ll be with you every step of the way from your application through closing. *NEFCU does not charge closing costs. Member is still responsible for certain mortgage settlement costs. Contact NEFCU for additional information. Subject to credit approval. Provided by START THE NEW YEAR RIGHT WITH OUR NEW & IMPROVED ONLINE BUSINESS BANKING! Choose a strategy to make the most out of your IRA. Now is the right time to: Check whether your savings is on track Determine whether a Roth or Traditional IRA works best for you Set your financial priorities Ensure your income is tax diversified Call now to schedule an appointment and explore your options. Contact Lillian Pabst, NEFCU Investment Services Coordinator at We recently launched an entirely new Online Business Banking platform, rich with exciting new features and enhancements that you have been asking for! The new platform provides improved functionality, easy navigation, and an intuitive design to streamline your overall online experience. Features include: A simplified log-in process Ability to view online statements Ability to set alert notifications Enhanced entitlement controls And much more! Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all 50 states of the United States of America. Representative is neither a tax advisory nor attorney. For information regarding your specific tax situation, please consult a tax professional. For legal questions, including a discussion about estate planning, please consult your attorney. FR Get started today! Call us at or stop in your nearest NEFCU branch. Mail reservation request to: NEFCU Annual Meeting Committee, Attn: Francine Dougherty, 000 Corporate Drive, Westbury, NY 590 *If reserving more than one place, please complete the back of this form. It s Tax Season Have You Made Your IRA Contribution for 207? George Plevretes Chairman of the Board of Directors nefcugpp@gmail.com Moving from an Adjustable Rate to a Fixed one OR for a City/State/Zip Code Don t waste your money. Unless you are dealing with the Special Olympics, Make a Wish, the Muscular Dystrophy Association or other reputable groups, keep your money NEFCU cares about you and your money and we would hate to see you waste it while trying to help others. NEFCU - the Credit Union for Better Banking. Today s low interest rates Call today Address Phone No._ The vast majority of charities are registered with the IRS, do their best to achieve their mission, and are not under investigation for fraud. But the names and the sales pitch can be very confusing. Scams can sound like honest efforts but your money goes to support a con man s lifestyle or a phone solicitor s salary not the stated intention of the charity. We should not let these scoundrels get away with this when there are so many worthy causes. We ll help you determine whether you can benefit from: Name (please print)_ Member No. Our relationships with these charities are based on trust. Donors trust the organizations they support to fulfill their stated mission and to use their gifts appropriately. They expect the charity to follow both IRS regulations and the law. AND they expect the funds that they donate, or at least a major part of those funds to accomplish the stated mission of the charity rather than to enrich collectors and the operators. Are you on the fence about refinancing? Please reserve places. We Americans can be very generous people. Our hearts go out to the less fortunate and we willingly give our hard earned dollars to any charity that touches our heart. Those donations are generally tax deductible based on IRS rules that allow them to act as charities. The vast majority of these charitable organizations follow those rules. However, a very small number of fraudulent entities and scams abuse the trust we have in the people who run these charities. They prey upon our emotions and good intentions by posing as charities. until you can check them out. Make it a rule that you Do not agree to give money over the phone, or over the internet based upon a solicitation! Period. Tell the caller or the er to send a request by mail. When you get their full name and address, you can then check them out on a site such as Charity Navigator or other charity rating website where you can dig a little deeper to learn more about the organization before deciding it is worthy of your support. PLEASE NOTE: THIS IS A MEMBERS ONLY EVENT. PLEASE COMPLETE THIS FORM IN ITS ENTIRETY AND RETURN BY MARCH 2, 208 A Waste of Money

7 Dr. William J. Russo, Secretary P.O. BOX 9003 WESTBURY NY 590 NOTICE OF ANNUAL MEETING AND ELECTIONS 3) 4) Please provide the name and member number for all attendees. Seating is available on a first-come, first-served basis. Please complete reverse side before mailing. ) 2)_ From the Desk of Dear Members, I hope you will join us Saturday, March 24, 208, for NEFCU s 79th Annual Meeting, which begins at 9:00 a.m. Three vacancies on the Board of Directors will be filled. The nominating committee has proposed the following candidates: Catherine Banigo - 3-Year Term Ms. Banigo is a Certified Credit Union Director, an educational consultant and the co-founder of an international business. She holds an MBA in Management and an MS in Education. In addition to being a Returned Peace Corps Volunteer, Ms. Banigo serves as a member of several national and international organizations. She dedicates her time and expertise to business, educational and social organizations that promote peace and the empowerment of women. Ms. Banigo has served as a volunteer member of NEFCU s Supervisory and Advisory Committees as well as being a Credit Union Ambassador. She was elected to the NEFCU Board of Directors in 2002 and serves as Chairperson for the Board s Funding Your Ideas FYI Teacher Grant Committee, and is the Chairperson of the Governance Committee. Dr. George J. Papaioannou - 3-Year Term Dr. Papaioannou is a Distinguished Professor Emeritus who served as a finance faculty and Vice Dean at the Zarb School of Business of Hofstra University. As a faculty member, Dr. Papaioannou taught corporate finance and investment banking and published and presented numerous academic articles and papers on various topics of finance. He is the co-author of a recently published book in investment banking. As Vice Dean, Dr. Papaioannou oversaw the academic operations of the Zarb School and its strategic planning. He is a founding trustee of the Multinational Finance Society and a member of the editorial board of the Journal of Financial Service Marketing. Dr. Papaioannou is an enthusiastic supporter of the credit union movement and its philosophy, and has served as a volunteer on the NEFCU Board of Directors since 994. He currently serves as st Vice Chairman and a member of the Finance Committee of NEFCU. Dr. Papaioannou earned an MBA from Duquesne University and a Ph.D. from Penn State University. George Zweier - 3-Year Term George Zweier was elected to the NEFCU Board as Treasurer in early 204. He is an accomplished certified public accountant and currently the Chief Financial Officer of BRT Apartments Corp., a Long Island-based real estate investment trust that focuses on multi-family apartment ownership. A resident of Commack, NY, Mr. Zweier has served in the financial reporting departments at a number of banking institutions over the past three decades, including positions at The Bank of Tokyo and the Dime Savings Bank of New York. He received his Bachelor s Degree in Accounting from Hofstra University and his Masters of Business Administration in Finance from St. John s University. Mr. Zweier is a member of the AICPA, and the New York State Society of CPAs. Nominations for vacancies may also be made by petition, signed by not less than 500 members. Each nominee, by petition, shall submit a statement of qualifications and biographical data with his or her petition. Official petitions are available from the Secretary. Only one nominee may be named per petition. To be effective, such nominations shall be accompanied by a signed certificate from the nominee stating that he/she is agreeable to the nomination and will serve if elected to office. Such certificates shall be filed with the Credit Union s Secretary at least 40 days prior to the Annual Meeting or by February 2, 208. Nominations may only be made by the Nominating Committee or by petition; there will be no nominations from the floor. I look forward to seeing you there. Respectfully submitted, Dr. William J. Russo Secretary VISA Olympic Winter Games Sweepstakes 208! Guided city tour $,000 VISA Prepaid product JANUARY 208 SATURDAY, MARCH 3 Deadline for Making a Difference College & Community College Scholarships One Grand Prize winner will receive a trip for two to a past Olympic Winter Games host city that includes: Ground transportation to and from the airport DAT E S MONDAY, JANUARY 5, 208 NEFCU will be closed in observance of Dr. Martin Luther King, Jr. Day NEFCU VISA credit cardholders who use their VISA for purchases from January February 28, 208 are automatically entered for a chance to win a trip for two to a past Olympic Winter Games host city! The more cardholders use VISA for their purchases, the more chances they ll have to win. Seven-day trip including airfare and hotel accommodations IMPORTANT For a list of past Olympic Winter Games host cities, please visit the Promotions page on mynefcu.org to see the Official Rules. Not a VISA credit cardholder? Visit mynefcu.org, call , or stop by your nearest branch to apply today! NO PURCHASE OR OBLIGATION NECESSARY TO ENTER OR WIN THE VISA OLYMPIC WINTER GAMES SWEEPSTAKES 208. Non-Purchase Entries and Purchase Entries have an equal chance of winning. Open only to legal resident of the fifty (50) U.S. and D.C., 8 or older as of January, 208 and legal residents of Canada who are of the age of legal majority in their territory or province of residence as of January, 208. For complete details including details on Non-Purchase Entries, see the Official Rules. PIN-based and ATM transactions are not eligible. Void in Puerto Rico and where prohibited. Sweepstakes ends 28 February 208. Sponsored by VISA U.S.A. and VISA Canada Corporation. Win Up to $25,000 When you Start Using Turbo Tax for Free* Now it s easier than ever for you to complete your taxes online with TurboTax. And to make the experience even better all members who start any TurboTax product via NEFCU s Online Banking service, will automatically be entered into a Sweepstakes to win up to $25,000! The Sweepstakes runs through February 5, 208. Happy New Year!!! As we enter 208, we remain dedicated to serving the financial needs of you and your family. As your Credit Union, our goal continues to be to provide you with the best products and services available with the great rates, low fees and exceptional banking services that you have come to know and depend upon. We look forward to meeting your ongoing needs now and in future. Here s to a healthy and happy New Year! SATURDAY, MARCH 24 SAVE THE DATE 79th Annual Meeting Hofstra University Club College and Community College Scholarship Deadline: March 3st Don t miss your chance to apply for NEFCU s Making a Difference Community College or College Scholarships! The submission deadline is March 3st. Enjoy the savings! Visit mynefcu.org, call (56) or stop in your local branch today! * APY = Annual Percentage Yield. Assumes funds remain on deposit for a full year. This account will automatically renew at maturity to our -Year Certificate account. Penalty may apply for early withdrawals from Certificates. Fees could reduce earnings on the account. Subject to change without notice. Transfer Your High-Rate Balances to NEFCU and Enjoy the Rewards!* Visit mynefcu.org/ scholarships for details. Tired of paying high credit card rates and fees? Now s the time to transfer to a NEFCU VISA Credit Card with NO Annual, Balance Transfer, or Foreign Transaction Fees plus great LOW rates! Turbo Tax benefits include: For Returning users: See data from last year s return automatically transferred to your new return, to save time and avoid potential mistakes. Get answers 24/7: To your specific tax-related questions from experts before and during the completion of your return. Enjoy peace of mind: Knowing that calculations are 00% accurate and maximum refunds are guaranteed or your money back. If you re a homeowner, NEFCU s Home Equity Line is the smart way to pay for home improvements, tuition, debt consolidation, and more! Receive 0.99% APR for 6 months then as low as Prime minus 0.25% for life thereafter! Fixed-rate Home Equity Loans also available. or visit us on the web at mynefcu.org For a simple and hassle-free experience, log in to Online Banking today. For official rules, visit the promotions page on mynefcu.org. *One $25,000 Grand Prize, Twelve $,000 First Prizes. No purchase necessary, just start TurboTax Online from the NEFCU Online Banking website and provide a valid address to be entered to win. Promotion ends February 5, 208. Subject to Official Rules. Void where prohibited. Need quick cash to pay off an upcoming expense or event? A NEFCU Personal Loan provides generous loan amounts for immediate or upcoming needs such as furniture, travel, a wedding, and more. And now, applying is easier than ever! Keep in mind that non-real estate loan applications can now be accepted over the phone and decisions provided 24 hours a day! For more information, call , visit us online or stop into your nearest branch. * All loan types, rates and terms are based on applicant s credit history. Applicants who are not offered the lowest rate or term may be offered credit at a higher-rate or term; not all applicants may be approved. Rates are subject to change without notice. APR = Annual Percentage Rate. 0.99% APR introductory rate is fixed for the first six (6) months. Rate floor is the Prime Rate less 0.25%, which is currently 4.25%. Rates are based on the Prime Rate less 0.25% as published in the Wall Street Journal plus a margin of up to 2.5%. Terms and conditions are subject to change without notice. Rate will revert to as low as Prime less 0.25% once a six (6) month introductory period has expired. Rates shown are the lowest rates offered for the advertised product. Applicants who are not approved at these rates may be offered a higher rate. The maximum APR imposed under the plan will not exceed 8%.