SmartMoney Digest. It s Not Just Free Checking, It s A Sunglasses State of Mind P.2 P.5 3RD QUARTER

Transcription

1 SmartMoney Digest 3RD QUARTER 2017 AUTO REFINANCE PROMO P.2 HOME EQUITY LOAN PROMO P.5 It s Not Just Free Checking, It s A Sunglasses State of Mind Lots of big banks like to bark about their big bank checking, but that often leads to the bite of their big bank fees. It s your money. Make sure you re the big dog on your block. Get PECU Free Checking. It s not just free checking, it s a sunglasses and sand-in-your-toes state of mind. Why choose PECU Free Checking? There are many reasons. First of all, PECU Free Checking is really free. There are no monthly fees, no minimum balance requirements, no services charges, no usage requirements, and no required product tie-ins. You ll love not having any of those worries. What s more, you get a free debit card, free e-bill Pay, nearly 350 free Central Texas ATMs, 5,000+ worldwide shared branches, and our free Apple and Android mobile apps that let you take PECU everywhere. We think you ll agree that PECU Free Checking is best in show! Grand Opening Winners At Our New Beaumont Branch We held Grand Opening special events every Friday in May at our beautiful new branch in Beaumont. Among the many prize winners were Chester Mercier (pictured left with Branch Manager Christina Karl) and Dale Stewart (pictured right). We still have lots of great promotions going on at the new PECU branch. Come by and see us at 4215 Eastex Freeway! PAGE 2: Get up to $300, plus no payments all summer when you refinance your non-pecu auto loan with us!

2 HERE S YOUR GOLDEN OPPORTunITY: SAIL FREE OF CAR PAYMENTS ALL SUMMER Take all summer off from car payments when you refinance your non-pecu auto loan at PECU! We ll give you no payments for 90 days, plus up to $300. Plus, we ll pay your title transfer fee and offer you a rate as low as 1.89% APR. This may be your golden opportunity to put wind into your sails on a family vacation. What would you do with that extra money? The possibilities are endless! Refinance your non-pecu auto loan with us. Apply online at any time, or stop by your favorite PECU branch. Summer is a great time to refinance at PECU! Loan Amount $10,000 - $19,999 $20,000 - $29,999 $30,000 - $39,999 $40,000 - $49,999 $50,000+ Incentive $100 $150 $200 $250 $300 Rates as low as 1.89% APR* no payments for 90 days UP TO $300 CASH INCENTIVE LOWER MONTHLY PAYMENT All loans subject to credit approval. $10,000 minimum loan amount. Autos & trucks model year 2012 and newer are eligible. Up to $300 deposited in share account. Standard underwriting guidelines apply. Vehicles currently financed at PECU are not eligible. *Rates, terms & conditions subject to change. Contact PECU to verify your promotional rate.

3 SKIP-A-PAY OPTION Just a reminder that you can request to skip a payment any time on select PECU loans. PECU allows you one (1) skip-a-pay option per eligible loan, per calendar year. If you d like to skip a payment now, we have included the application below. Simply complete the form, sign, date and attach the $25 skip payment fee. You can also authorize a debit from your PECU account. The skip payment request must be received at least 10 days before the payment is due. Skip-A-Payment does not apply to credit cards, ready credit loans, student loans, CD and share secured loans, and all mortgage related loans. Please contact PECU with any questions. Skip-A-Payment Application To apply for a Skip-A-Payment simply complete this form, sign, date and attach the $25.00 skip payment fee or authorize a debit from your PECU account. Member Name, Account Number Co-borrow, Account Number Member Address: (city, state, zip), address Work Phone Number, Home Phone, Loan ID#, Payment Amount $, Month to Skip Loan ID#, Payment Amount $, Month to Skip Are you currently setup on Automatic Loan Payment withdraw? Yes No Skip-A-Payment requirements: APPLE ANDROID Take PECU with you everywhere! PECU s secure mobile app lets you check balances, pay bills, transfer money, find ATMs, make camera phone deposits, and more from the palm of your hand! Scan the left code above for the Apple version, the right code for Android. You can also get them from the Apple Store, Google Play and our website. All PECU Accounts must be in good standing All loans must be current (less than 30 days) All loans must have been current for the past 12 months New loans must have a minimum of at least 6 months of payment history All loans must have current address, phone number and address One (1) skip payment is allowed per eligible loan per calendar year. Loan Payments that have already been made cannot be refunded The skip payment request must be received at least 10 days before the payment is due Skip-A-Payment does not apply to Credit Cards, Ready Credit Loan, Student loans, CD and share secured loan, and all Mortgage related loans. Skip-A-Payment Fee due: ($25.00 per loan) $ Cash or Check $ Transfer from saving or checking. Skip-A-Payment Terms and Conditions: For payments you generate (for example, payments you set up with a bill payment service, payments initiated at another financial institution, etc.) you are responsible for stopping the loan payment for the month you wish to skip. Any automatic transfers generated by PECU will be suspended for the Skip-A-Payment month. Members with auto loans who have purchased GAP insurance will be liable for any unpaid loan balance in the event of a claim. Skip-A-Payments may not be eligible when other Credit Union payment deferment programs have been used in the calendar year. If there is more than one borrower on the loan, by submitting this Skip-A-Payment request, you acknowledge that you have informed all borrower(s) and that they consent to the Skip-A- Payment request. Submitting the Skip-A-Payment request does not guarantee eligibility. PECU reserves the right to change loan eligibility at any time, other restrictions may apply. The undersigned hereby makes application to extend the original repayment term of the above referenced loans(s) by one month. This extension does not alter the original terms and conditions of the original loan contracts. The undersigned understands that the interest on the loans will continue to accrue on the unpaid balance of the loan, and will result in a higher total FINANCE CHARGE than if payments were made as originally scheduled. Borrower: Date: Co-Borrower: Date: For Credit Union Use only: Approving Officer: Date: Insurance Opportunities Checked your insurance rates lately? PECU offers a wide range of savings through TruStage on many insurance types including auto, life, home insurance, long-term care and AD&D. TruStage is the brand for the insurance products made available through CUNA Mutual Group, including the CMFG Life Insurance Company. CMFG Life has worked with credit unions for 75+ years. Many PECU members report they saved money with TruStage. Click the yellow Members Only TruStage logo from our homepage. Get free quotes. Don t forget, your PECU membership qualifies you for $2,000 of AD&D coverage at no cost. Get yours today. 3

4 Shared Branch Spotlight Omaha, Nebraska Omaha is the largest city in the state of Nebraska. Since 1950, the College World Series has been held in Omaha. It is the NCAA Division I Baseball Championship. Four Fortune 500 companies have their headquarters in Omaha: business conglomerate Berkshire Hathaway; construction giant Kiewit Corporation; insurance titan Mutual of Omaha; and the largest US railroad operator, Union Pacific Corporation. Berkshire Hathaway is headed by Omaha native Warren Buffett, one of the richest people in the world. Buffet is nicknamed the Oracle of Omaha. Notable Omaha inventions include the bobby pin, pink hair curler, butter brickle ice cream, cake mix, TV dinners, and the reuben sandwich. Omaha s Henry Doorly Zoo is considered one of the premier zoos in the world. When in Omaha, do your PECU business at Mutual First FCU, Family Focus FCU, Omaha Douglas FCU and Omaha Police FCU. It s called shared branching. Just show your ID and know your PECU account number. There are 5,000+ worldwide shared branches where you can do your PECU business. Click the top left corner of the homepage of the PECU website to search and choose exact shared branch locations. PECU Kids & Teen Accounts The PECU Zoo Crew is for kids 12 and under. Club Bling is our teen account for those years old. Both accounts earn interest and have no monthly fee and no minimum balance. Either type of account can be opened with a $10 deposit. New PECU Zoo Crew kids account members get a free animal prize bag and a free pass to the Austin Zoo. New Club Bling members all get a savings account. Parents and teens can then decide if they want to add more features such as a co-signed checking account, debit card and credit card. BRANCHES & HOURS MAIN OFFICE 306 East 10th Street P.O. Box 2205 Austin, Texas Phone: Fax: member@pecutx.org Monday thru Friday 9 am - 5 pm CENTRAL OFFICE 1200 West 42nd Street Austin, Texas Monday thru Friday 9 am - 6 pm WALNUT CREEK OFFICE 8013 Centre Park Drive Austin, Texas Monday thru Friday 9 am - 6 pm OAK HILL OFFICE 5838 Highway 290 West Austin, Texas Drive-Up Facility Only ROUND ROCK OFFICE RM 620 North (Near intersection of 620 N & Cornerwood) Austin, Texas Monday thru Friday 9 am - 6 pm BEAUMONT OFFICE 4215 Eastex Freeway Beaumont, Texas Phone: Fax: Monday thru Thursday 9 am - 5 pm Friday 9 am - 6 pm Drive-up Hours: Monday thru Friday 8 am - 6 pm Saturday 9 am - 12 pm Club Bling HOW A PECU MASTERCARD SAVES YOU LOTS OF MONEY The Motley Fool says for every $1,000 you have in credit card debt at an APR of 15%, you pay $12.50 per month. If you carry $7,000 in credit card debt over the course of the year, you will spend more than $1,000 on interest payments. That s a lot of money being spent that does not lower your debt. It s simply the cost of borrowing on a credit card. PECU s MasterCard is designed to save you lots of money. It has an APR as low as 7.99% with no annual fee, no balance transfer fee, and no cash advance fee. Upon request, members are entitled to review or receive a copy of the following credit union documents: Balance Sheet & Income Statement; summary of the most recent audit; written Board policy regarding access to the articles of incorporation, bylaws, rules, guidelines and Board policies; Internal Revenue Service Form 990. If you have questions, please contact PECU Financial Services at in Central Texas, or toll free

5 Here s your picture-perfect Home Equity Loan opportunity! What do you dream of doing? Make it happen with a PECU Home Equity Loan! Many PECU members just like you use our Home Equity Loans for ultimate vacations, business ventures, home offices, college costs, RVs, weddings, bill consolidation, medical procedures, and more. Rates are as low as 3.29% APR. Act now to get up to $300 bonus cash! Click, call, or come by to apply. Questions? Call us toll free at Rates as low as 3.29% APR* Low fixed rate Borrow up to 80% LTV Loan amounts from $7,500 to $500,000 No application fee No origination fee No processing fee No hidden costs No pre-payment fee Flexible terms up to 20 years Interest paid may be tax deductible (consult tax advisor) One set monthly payment to fit your budget No standard closing cost on loans less than $100,000 All loans must be closed by 10/15/17. All loans subject to credit approval. $7,500 minimum loan amount. Up to $300 deposited in share account. Loans must be closed to receive incentive. Standard underwriting guidelines apply. To qualify for the Home Equity cash incentive and the no-closing-cost feature, all loans must be new loans or a refinance from another financial institution. Loans currently financed with PECU are not eligible for the cash incentive or the no-closing-cost feature. *Rates, terms, and conditions subject to change. Contact PECU to verify your promotional rate. Loan Amount Incentive $7,500-$24,999 $25,000-$49,999 $50,000-$74,999 $75,000+ $100 $200 $250 $300

6 SEPTEMBER IS MEMBER APPRECIATION MONTH AT OUR ROUND ROCK BRANCH AUTO LOANS AS LOW AS ONE DAY ONLY! % 1.39APR * Special Event: FRIDAY SEPTEMBER 1 Register to win your share of $500 One-Day Auto Loan Special take.50%* off your rate ipad Giveaway Free Food Great Door Prizes *Based on your good credit, take.50% off the current PECU auto loan rates on 9/1/17. Rates, terms, and conditions subject to change. Contact PECU to verify your promotional rate. Address: RM 620 NORTH (78717) Promotions Available All During September At Round Rock Branch All during September, you can get $200 for opening a new PECU checking account with a free debit card at our Round Rock branch! What would you do with an extra $200? See website or contact PECU for details. All during September, PECU will pay for the first purchase you make (up to $50) on your new PECU MasterCard and/or your new PECU debit card. Get a new card, then get gas, groceries or other items on us! Must apply for new cards at our Round Rock branch. See website or contact PECU for details. All during September, we ll put the first $10 in any new kids or teen account you open for your child or grandchild at our Round Rock branch. Contact PECU or see PECU website for more details.