FOR YOUR INTEREST SPRING 2017 TELLING YOUR STORY PG. 4

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1 FOR YOUR INTEREST SPRING 2017 TELLING YOUR STORY PG. 4

2 FRESH PERSPECTIVE TOM S CORNER Dear Fellow Members, 2017 is shaping up to be another incredible year for your credit union. With over 75 years in the community, our passion for giving back to our members, partners and community is stronger than ever. We know that you have options for your financial needs and I am very glad you chose us as your financial institution. I am proud of the credit union difference that you experience at Notre Dame FCU. To us, this difference means we are devoted to providing innovative solutions, creative thinking and financial empowerment to our members so they likely have a better financial future. In addition to providing you with the financial products that are best for your particular situation, we will be continuing to provide a number of additional services for your benefit, including Dave Ramsey classes, fraud protection with Irish Card Shield, cashback loan programs and a brand new expanded branch in the West Side of South Bend. When you re a member of Notre Dame FCU, you re also an owner. Meeting the financial needs of the members we serve has always been, and always will be, our primary goal. We truly believe Your Story is Our Story. We hope that you know how much you mean to us, and that we all are truly part of one big Notre Dame FCU family. I encourage you to visit NotreDameFCU.com/YourStory and take a moment to learn about some of your fellow members and their stories of the credit union s impact on their lives. These member stories demonstrate why we do what we do. As always, if you have any questions, suggestions, comments or complaints, please do not hesitate to contact me at TGryp@NotreDameFCU.com. Thanks again for being part of our credit union family! Thomas J. Gryp 79 President/CEO

3 THE BENEFITS OF A MORTGAGE PREAPPROVAL AND HOW TO GET ONE Unless you were recently selected as the No. 1 pick in the NFL draft or released a hit album, you probably won t pay for your new house in cash. Like millions of Americans, you ll take out a mortgage. Before you begin your housing search, try to get a mortgage preapproval, which is usually good for up to 90 days. After reviewing and verifying some of your financial information, lenders will tell you how much money they d be willing to let you borrow. Getting preapproved can speed up the sale process and demonstrates to sellers that you re serious about buying. Here s a closer look at how you could benefit from a mortgage preapproval and what it takes to get one. Narrows the scope of the housing search On a very basic level, buying a home is like deciding where to go for dinner. Although the possibilities may seem endless, you ll need to stick to your budget. Ask yourself, how much house can I afford? And stay within that range. Otherwise, you may end up regretting your decision. A mortgage preapproval ensures that you can focus on looking at homes that you can afford, since a lender provides you with a letter saying how much money you could get from it for a mortgage. To obtain a preapproval, you ll need to provide your would-be lender with some financial documentation, including a copy of your credit report, tax returns, pay stubs and checking and savings account statements. This helps financial institutions determine your creditworthiness. Usually it s free, but you may have to pay the lender s cost to get your credit report. Getting a mortgage preapproval isn t a 100% guarantee that you ll receive a loan. However, as long as there aren t any dramatic changes in your personal finances, it s fairly safe to assume that the lender will let you borrow the stated amount. Therefore, it s best not to switch jobs just before applying for a mortgage and to avoid racking up additional debt between getting preapproved and actually trying to borrow the money. How preapprovals help buyers When looking at homes, a preapproval letter can be a great tool with which to impress sellers. This document indicates that you re serious about buying. More importantly, it shows you d probably get the needed financing and that you have the backing of a lender to go through with a deal. Having that kind of support could even give you additional leverage when negotiating the final price of a home. Don t confuse preapprovals with pre-qualifications Although they sound quite similar, a mortgage pre-qualification is not the same thing as a preapproval letter. The former is simply when a lender provides a potential homebuyer with a rough estimate of how large of a loan he or she might be able to take out. This is based on very little background information, and so pre-qualification letters don t carry much weight if presented to a seller. The takeaway Before applying for a preapproval, work on improving your credit score. Reduce your debt as much as possible while making sure not to accumulate any more of it. These moves will make you look like a better risk to lenders. Once you have a preapproval letter in hand, you ll be that much closer to buying your own home, even if you haven t won the lottery. Contact the Notre Dame FCU Mortgage team today! Visit NotreDameFCU.com/homeloan or call 844-NDHOME1. Copyright 2016 NerdWallet, Inc. All Rights Reserved Notre Dame FCU NMLS#

4 EARN MORE REWARDS WITH IRISH REWARDS VISA Your purchases can really pay off. Earn 10,000 bonus points after you spend $600 in purchases in your first 60 days with the Notre Dame FCU Irish Rewards credit card. Redeem for items like: Weber Grill North Face jacket $100 Ruth s Chris gift card Get rewarded for your purchases, and apply today. NotreDameFCU.com/Visa PLUS, your new card will come protected with the Irish Card Shield mobile app, giving you the protection and control you want for your account. SHAMROCK INSURANCE SERVICES Whether it is car, home, business, life, or even pet insurance, we ve got you covered. Contact Christopher Meuschke by phone at: (574) by at:cmeuschke@notredamefcu.com. Or visit us at NDShamrockInsurance.com. YOUR STORY IS OUR STORY Every day we experience life-changing interactions with our members. It is not the savings, in general, that means the most to us and the members, but the things they get to do with the savings. If you have a great savings story we would love to hear it. your story to Marketing@NotreDameFCU.com. SUMMER HOLIDAY SCHEDULE Notre Dame FCU will be closed Memorial Day Monday, May 29, 2017 Independence Day Tuesday, July 4, 2017 Labor Day - Monday, September 4, 2017 PAY IT FORWARD: REFER-A-FRIEND Refer a friend or family member and you ll BOTH get $50. What s better than being a member of a credit union you love? Getting paid $50 for each new member you refer to us. It s our way of thanking you. Your friends, family and co-workers will thank you too! HERE S HOW JUST SEND YOUR FRIEND OR FAMILY MEMBER TO NOTREDAMEFCU.COM/REFER OR CALL US AT (844) Subject to approval. This offer is not valid in conjunction with any other offer. To qualify, new member must be at least 18 years old, and must open a checking account with a minimum $100 monthly direct deposit and a debit card, or open a credit card, HELOC, auto loan or mortgage. Member may not have existing Notre Dame Federal Credit Union accounts. Offer excludes Notre Dame FCU employees. $50/$50 will be credited to each qualified person s account the first day of the first month after account has been open 60 days. You will receive an IRS tax form 1099-INT for your cash incentive. All new memberships subject to normal policy outlined in membership agreement.

5 Have you considered the value of a financial advisor in your life? What s the value of a financial advisor? Two studies found that working with a financial professional can result in higher returns and potentially lower personal stress. Lower Stress Seventy-seven percent of people within years of retirement are stressed when thinking about retirement savings and investments. 1 Working with a financial advisor to develop a written retirement income strategy, however, can increase your financial confidence leading up to retirement, according to Franklin Templeton s annual Retirement Income Strategies and Expectations Survey. With and Without 2 Investors... Worry About Running Out of Money Worry about being a burden on family With an advisor 23% 5% Without an advisor 30% 6% Higher Returns In addition to providing financial guidance, financial advisors may also add about three percentage points in net portfolio returns over time, according to a study by Vanguard. 3 Financial Advisor Advice Components 4 Advice Advice Elements Potential Added Return to Investor Portfolio Portfolio Construction Asset allocation Asset location Up to 1.2% Wealth Management Rebalancing Drawdown strategies Up to over 1% Behavioral Coaching Managing investor emotions Aiding decision-making Up to 1.5% It s important to remember that financial advisors also may offer guidance that wasn t measured in the two studies. Advisors can help develop strategies that protect against the financial consequences of loss of income, and coordinate with other financial professionals on tax and estate management. 1 Franklin Templeton, Franklin Templeton, Vanguard.com, Vanguard.com, 2015 Securities and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC. Cetera is under separate ownership from any other named entity. Investments are: Not FDIC/NCUSIF insured May lose value Not financial institution guaranteed Not a deposit Not insured by any federal government agency Contact the Private Member Group today at 800/ West Edison Rd., Mishawaka, IN

6 First Time Auto Buyers Program Notre Dame FCU is pleased to announce the creation of our First Time Auto Buyers Program. Buying a car is an important decision and being a first-time car buyer can be stressful. This is why Notre Dame FCU created the First Time Auto Buyers Program to help make your first car-buying experience easier. This helpful option is designed to assist those who have minimal credit history and who are ready to embark on the purchase of their first auto. Our expertise helps you get into the vehicle and finance choice that s right for you. Visit NotreDameFCU.com/FirstAuto or call us at to find out more. *Auto rates as low as 3.81% APR. APR is Annual Percentage Rate. Loan is subject to credit approval. First-time auto buyer program is for those that have yet to establish credit or have limited credit established with no previous installment loans. Actual interest rate and APR may vary. As low as rate is for B credit. A $119 loan processing fee will be charged on all closed auto loans. Example: Assume you will borrow $15,000 with a $119 loan processing fee; the loan amount will be $15,119. The calculated APR on a 5-year loan with an interest rate of 3.49% would be 3.81%. Rate valid as of 3/17/2017. Offer may change at any time. Vehicle must be model year 2007 or newer with no more than 80,000 miles to earn 1.00% cash back, up to $500. Excludes Elevate program participating loans, Rate Genius loans and existing NDFCU loans. Those participating in this offer may receive Form 1099-MISC at year-end for tax purposes. Offer may change at any time. Certain restrictions apply. NOTRE DAME FEDERAL CREDIT UNION MEMBERS RECEIVE EXCLUSIVE DISCOUNTS FROM LOVE MY CREDIT UNION REWARDS Who doesn t love saving money, especially on products and services used nearly every day? That s what Love My Credit Union Rewards is all about. Members have saved nearly $2 billion in discounts from valued partners this special credit union program. Are you using the program to your best advantage? We re here to help make it happen for you. Save up to $15 on TurboTax federal products! Receive an exclusive smoke communicator and a $100 gift card with a new ADT monitored home security system. Receive trusted protection at significant savings with TruStage Auto & Home Insurance Program. Shop and receive cash back at over 1,500 online retailers who partner with Love to Shop $100 cash reward with every new line switched to Sprint! Current customers will receive $50 for every line transferred. Plus, a $50 loyalty reward every year for every line!* To learn more about these and other valuable discounts, visit LoveMyCreditUnion.org. Just by being a member of Notre Dame FCU, you are entitled to these sorts of everyday discounts and savings! Start saving today at LoveMyCreditUnion.org. *Activ. Fee: Up to $30/line. Credit approval req. Sprint Credit Union Member Cash Rewards Offer: Offer Ends 12/31/2017. Avail. for eligible credit union members and member employees (ongoing verification). Tax ID req. to establish business acct. Switch to Sprint and receive a $100 cash reward for each new smartphone line activation. Reqs. port-in from an active number (wireless or landline). Existing customers receive a $100 cash reward for each new smartphone line activation and/or a $50 cash reward for each smartphone line transferred to program. New lines req. activation at point of sale. Max 15 lines. Sprint acct must remain active and in good standing for 31 days to receive Cash Reward. Excludes MBB devices, tablets and Sprint Phone Connect, upgrades, replacements and ports made between Sprint entities or providers associated with Sprint (i.e. Virgin Mobile USA, Boost Mobile, Common Cents Mobile and Assurance.) May not be combinable with other offers. $50 Loyalty Cash Reward: Members can earn one $50 cash reward annually when Sprint acct remains active and in good standing for 1 year. Max 15 lines. Cash Reward: Cash Reward issued by CU Solutions Group. Allow 6-8 wks for Cash Reward to be deposited to your Credit Union acct. If the Cash Reward does not appear after 8 wks, visit lovemycreditunion.org/sprintrewards. Other Terms: Offers/coverage not avail. everywhere or for all phones/networks. May not be combinable with other offers. Offer, terms, restrictions, and options subject to change and may be modified, discontinued, or terminated at any time without notice. Restrictions apply Sprint. All rights reserved. Sprint and the logo are trademarks of Sprint. Other marks are the property of their respective owners.