Work. Home. Life. On November 1, 2015, W-G Federal Credit Union in Worcester. If you are looking for home and auto insurance

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1 Work. Home. Life. RTN Member Newsletter Winter 2016 Welcome to RTN! W-G Federal Credit Union Joins RTN On November 1, 2015, W-G Federal Credit Union in Worcester became part of the RTN family after a membership vote to join RTN was held on October 15. The merger allows former W-G members to take advantage of a wider offering of products and services, more branches and a larger ATM network, while RTN is able to serve more members in the Worcester area. This is an exciting opportunity to expand and diversify RTN s membership base, says Richard Wright, RTN Treasurer and Chief Executive Officer. Former W-G members will continue to be served by familiar staff and enjoy enhancements to the branch, says Wright. continued on page 3 Another Successful Member Appreciation Day Members enjoyed holiday treats and giveaways at the annual RTN Member Appreciation Day held last December. Santa was a special guest at several locations, where members of all ages had their photos taken with him. One-Stop Shopping for Home and Auto Insurance If you are looking for home and auto insurance that will protect your valuable assets, you soon will be able to turn to the Credit Union for help. RTN is forming an insurance subsidiary that can find the right coverage for you. Insurance specialists will work on your behalf by researching, reviewing and comparing insurance products from dozens of respected vendors. Unlike when a consumer contacts a single insurance carrier, our specialists will contact multiple companies to compete for your business so you will receive the best value. You can choose from a wide range of options the type of coverage you need based on policy features and pricing information. Members and non-members alike will be able to take advantage of this new service. Look for more information coming soon. Former W-G Members Now available: 55,000 surcharge-free ATMs through the Allpoint network! Ask for details. E ffective March 1, 2016, the former W-G computer system will be consolidated with the RTN system. In January 2016, you will receive a package of information in the mail with important information about your RTN account. Please look for this package coming soon. 1

2 REALTY NEWS How to Get The Right Price for Your Home By Christopher Gentile, President and CEO, RTN Realty Advisors, LLC If the house up the street sold for $350,000 and your house is more attractive, shouldn t yours be worth $375,000? Yes and no. It could be, but looks aren t everything. To get the right price, it s important to do a Comparative Market Analysis (CMA). A CMA takes into account the features and condition of the home, the demand for similar homes, location, active and pending listings, your needs and timing, the current real estate market and economy, the amount of competition in the location, recent sales and expired listings of properties that are similar to yours. If that sounds like a lot of data, you re right it is! Calculating a price for your home requires a substantial amount of research, number crunching and analysis. Your home may be your biggest investment, and at RTN Realty Advisors, LLC, we take that very seriously. We will provide a free CMA for any Massachusetts property upon the owner s request. Contact us at or visit rtnrealty.com/comparative_market_ Analysis. Get a Jump On The 2016 Real Estate Market The real estate market last spring and summer was extremely busy, and we anticipate 2016 to be just as active. If you re thinking of listing your home, contact us to receive a free CMA and a plan to market your property. It s not too early to get started. RTN Realty Advisors, LLC is a wholly owned subsidiary of RTN, and serves members and non-members. Those using RTN Realty Advisors, LLC can choose RTN for financing or seek funding elsewhere. View our affiliated business arrangement disclosure information at rtnrealty.com. Receive a $500 RTN Visa gift card when you buy or sell your home through RTN Realty Advisors, LLC. Visit rtnrealty.com for details. Get More with an RTN Mortgage With our great rates and personalized service, we have the mortgage that is right for you. We offer: Fixed and Adjustable Rate Mortgages at a variety of terms Jumbo Loans (up to $1,000,000) High Balance Mortgages (available in specific communities) First-Time Home Buyer Financing Programs Home Buying and Selling Seminars Find out what you need to know about buying or selling a home by attending one of our free seminars. Over the next few months, we ll be offering home sellers and firsttime home buyers seminars, including a comprehensive tenhour seminar. Those attending the home buyers seminars will receive a $250 closing cost credit when taking an RTN mortgage. Look for details soon at rtn.org. We also offer financing for vacation homes or homes you plan to use for your retirement. And be sure to call us for a free pre-approval so you can negotiate from a position of strength by knowing your price point. For more information, contact our Mortgage Department at or go to rtn.org, click on Borrow, then Home Loans. 2

3 Free Seminar Understanding IRAs Wednesday, January 27, :00 to 7:00 pm Dorchester branch To register for this seminar or to see a list of upcoming seminars, go to rtn.org, click on Plan and Protect, then Financial Education or call FINANCIAL BENEFITS The ABCs of IRAs Presented by the RTN Financial & Retirement Group Many Americans know about Roth and traditional IRAs but there are other types of IRAs. Here s a quick look: Traditional IRA (or deductible IRA) is an individual savings plan for anyone who receives taxable compensation. IRA assets may be invested in any number of vehicles, and contributions may be tax-deductible. Earnings in a traditional IRA grow tax-deferred until withdrawal, but will be taxed when withdrawal begins and withdrawals must begin by the time the IRA owner reaches age 70½. Roth IRA offers you tax-free compounding, tax-free withdrawals if you are older than age 59½ and have owned your account for at least five years, and the potential to make contributions to your IRA after age 70½ without having to take RMDs (Required Minimum Distributions). SIMPLE IRAs are qualified retirement plans for businesses with 100 or fewer employees. SEP stands for Simplified Employee Pension. These traditional IRAs are set up by an employer for employees and funded by employer contributions only. Spousal IRA is actually a rule that lets a working spouse make traditional or Roth IRA contributions on behalf of a non-working or retired spouse. Inherited IRA is a Roth or traditional IRA inherited by a non-spousal beneficiary. Group IRA is simply a traditional IRA offered by employers, unions and other employee associations to their employees, administered through a retirement trust. Rollover IRA. Assets distributed from a qualified retirement plan may be rolled over into a traditional IRA, which may be converted later to a Roth IRA. Education IRA (Coverdell ESA) provides a vehicle to help middle-class investors save for a child s education. Consult a qualified financial advisor regarding your IRA options. Members of the RTN Financial & Retirement Group located at RTN Federal Credit Union include advisors Michael Beck, CFP, Douglas Stocklan and coordinator Rachelle Rodman. If you have questions or feedback about the information in this article, contact them at Representatives are registered, securities are sold and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free Nondeposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the financial institution. CBSI is under contract with the financial institution, through the financial services program, to make securities available to members. This material was prepared by (MarketingLibrary.Net Inc.), and does not necessarily represent the views of the presenting party, nor their affiliates. This information should not be construed as investment, tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. W-G FCU Joins RTN continued from page 1 Although former W-G members are now RTN members, they should continue using the 530 Grafton Street branch in Worcester until the computer system consolidation occurs in March. Existing RTN members should continue to use their local branches. Once the systems are merged, all members can use any RTN community branch, including the newest branch in Worcester. New members can enjoy access to surcharge-free transactions at ATMs in the SUM, Allpoint and MoneyPass networks (plus never a charge at an RTN ATM) and access to their accounts at 5,000 nationwide branches through CO-OP shared branching. Anne, Debbie and Franca of our new Worcester branch welcome former W-G members to RTN. We are excited to welcome our new members into the RTN family, and look forward to a secure and promising future, says Wright. Find out the latest from Sign up for eheadlines at rtn.org Like us on Facebook (Facebook.com/ RTNFCU) Connect with us on LinkedIn at LinkedIn.com 3

4 Board of Directors Election and Annual Meeting The following candidates have been nominated to fill Board of Director vacancies for 2016: Edward C. Brown IV: Mr. Brown is currently Chairman of the Legislative and Education Committees. During his tenure on the Credit Union Board of Directors, he has served as Vice-Chairman and Secretary of the Credit Union. He has also served as Chairman of the Credit Committee, Nominating Committee and the Long Range Planning Committee. He has also served on the Security Committee and the Bylaw Committee. Mr. Brown earned a bachelor s degree from UMass Boston and for over forty years has been a member of RTN Federal Credit Union, a member of IBEW Local 1505 and employed by Raytheon Company. Thomas DiPaolo: A retired Assistant Treasurer of Raytheon Company responsible for managing Raytheon s world-wide banking and cash management operations, Mr. DiPaolo also served as a Trustee and Chairman of the Finance Committee for JB Thomas Hospital, Peabody, MA prior to its merger with Lahey Clinic and has been a member of the Credit Union for over 43 years. Mr. DiPaolo has been a member of the Credit Union Board of Directors for 24 years. As a board member he has served on several of its committees including Chairman of the Supervisory Committee, Chairman of the Asset/Liability Management and Investment Committee and serves on the Executive Committee. Mr. DiPaolo attended Boston University and Bentley (College) University and has a BSA degree from Bentley College. He also is a graduate of the Raytheon Advanced Management Program. Charles Doherty: A former Executive Vice President of Finance and Administration for Granada North America, Mr. Doherty has been a Credit Union member and director for forty-one years. As a board member, he currently serves as its Chairman and also on the Credit Union s Executive Committee. Mr. Doherty received an accounting degree and MBA in Finance from Boston College. He is also a graduate of the Executive Management Program at Amos Tuck Dartmouth College. David Farnsworth: Currently Vice President and CFO for a business unit of Raytheon Company, Mr. Farnsworth has been an employee of Raytheon Company for thirty-three years. Mr. Farnsworth has also been a member of the Credit Union for thirty-three years. As a member of the Credit Union s Supervisory Committee for twenty-two years, Mr. Farnsworth is familiar with its operations. Mr. Farnsworth is a graduate of the Wharton School University of Pennsylvania and received a Masters in Business Administration from Boston University. Jack Torpey: Mr. Torpey is a current Raytheon employee and past Chairman of the Board of Directors of RTN Federal Credit Union, presently serving as Chair of the Executive Committee. A graduate of Suffolk Law School and a retired LTC JAG officer, US Army Reserve, Mr. Torpey is employed by Raytheon Company as Corporate Director of Labor Relations. The above statements are representations made by the candidates. If you are interested in running for a seat on the board, you can request nomination by petition. Nomination by petition requires the signature of 1% of the members as of Thursday, December 31, 2015 with a minimum of 20 and a maximum of 500 signatures. Petitions must be received by Pat Manley prior to 4:00 PM on Friday, March 4, For more information, contact Pat Manley at , ext When there is only one nominee for each position to be filled, the election will not be conducted by ballot and there will be no nominations from the floor. If there is more than one nominee for each position to be filled, ballot boxes will be made available at the following locations to cast your ballot for a candidate: Wilson Parkway, Fayetteville, TN (Fayetteville Office), Monday, May 2, 2016, 8:30 AM to 4:00 PM (CST) West Main Road, Portsmouth, RI (Portsmouth Office), Thursday, May 5, 2016, 8:30 AM to 4:00 PM (EST) Main Street, Waltham, MA (Waltham Office) Monday, May 16, 2016, 8:00 AM to 5:00 PM (EST) To be eligible to vote you must, as of Friday, April 22, 2016, be 18 years of age or older and have your federal tax identification number on file with the Credit Union. If you have any questions concerning the Annual Election or these procedures, please contact Pat Manley at , ext The annual meeting for RTN Federal Credit Union will be held at 5:00 PM on Monday, May 16, 2016 at its main office located at 600 Main Street, Waltham, MA. The ballot boxes from all locations will be opened at the annual meeting, where the ballots will be tallied and the election results announced. 4

5 RTN at Work Offers Workplace Banking Do you ever want to get to the Credit Union but can t get away from work? RTN at Work can work for you. We bring the Credit Union to your workplace so you can visit RTN easily and conveniently. Our services include: Financial Education We sponsor financial literacy seminars on many personal finance topics, ranging from home buying to retirement planning to managing a budget. One-On-One Consultative Services You can meet with one of our experts to learn more about our products and services and how RTN can help you save money. RTN to Go Through our mobile branch, RTN to Go, members can open accounts, make deposits, pay bills and make most of the same non-cash transactions that they can at a branch. For more information about RTN at Work, go to rtn.org and click on RTN at Work at the top of the page. For an RTN to Go schedule, go to rtn.org and click on RTN to Go on the lower right side of the page. RTN to Go is Like Having RTN Right at Your Fingertips Elizabeth Kirkland is a big fan of RTN to Go, the Credit Union s mobile branch. As an employee of Brigham and Women s Hospital, she visits the mobile branch at least twice a week to check her account and make other transactions. RTN to Go is like having RTN right at your fingertips. I love the convenience! And I love seeing the staff who are like my friends and always there to help me. Elizabeth Kirkland In addition to doing her banking, she has learned a lot about finances by visiting the mobile branch. The staff give me information on what to do and what not to do. It s been very informative and I ve learned a lot about car loans and other products. Coming Soon... Online Banking Upgrade RTN IN THE COMMUNITY The Credit Union will be upgrading its Online Banking platform to give members easier access and improved navigation while maintaining account security. More information will be available over the next few months. Help Us Make a Difference for the Homeless Save the date for the 6th annual RTN Walk Home on Sunday, June 12, 2016 at 10 am at three Walk locations: Danvers Rail Trail, Dorchester Park and Waltham Common. Proceeds from the Walk will benefit homeless teens and families. The Walk is sponsored by RTN Federal Credit Union in partnership with the RTN GoodWorks Foundation. Thanks to those who walked, donated to, or volunteered in Walk Home 2015, which raised $25,000 for Massachusetts Coalition for the Homeless. Look for more details about Walk Home 2016 in the coming weeks and how you can help make a difference for the homeless. RTN Reg D Reminder 2016 Federal Reserve regulations allow no more than six (6) transfers per month out of a savings account (including Share Savings Account, Club Account and Money Market Account) if that transfer is done by phone, , fax, ACH, electronic banking or overdraft. There are no limits if transfers are done at a branch or at an ATM.

6 RTN NEWS Plan Your Car Purchase Using AutoSMART If you re planning your next car purchase, AutoSMART can help you find the right car at the right price. AutoSMART is an online service that lets you research a vehicle, build one with the options you want, locate that specific vehicle and review the pricing. You ll get instant loan pre-approval from us online or at the dealer, and your sales representative can process your RTN car loan on the spot, even if the Credit Union is closed. Go to rtn.cudlautosmart.com for more information. Great Rates and Deals on RTN Car Loans R TN vehicle loan rates start as low as 1.70% APR 1. We also offer free preapprovals, extended warranty plans and GAP (Guaranteed Asset Protection) insurance that covers the difference between what you owe and what the car is worth if your car is stolen or damaged. For more information, go to rtn.org, click on Borrow, then Vehicles, or call , ext.1. Holiday Schedule RTN branches in MA and RI will be closed for business on: Martin Luther King, Jr. Day Monday, January 18 Presidents Day Monday, February 15 While our branches will be closed, members can access their accounts through Mobile, Online and Telephone Banking and via ATMs. Members also can call Member Services 24 hours a day, 7 days a week at Work.Home.Life. is a quarterly newsletter published by RTN Federal Credit Union for members and produced by RTN s Marketing Department. RTN serves nearly 50,000 members and more than 650 employers who sponsor RTN at the workplace. Not responsible for typographical errors. RTN Federal Credit Union 600 Main Street Waltham, MA rtn.org Federally Insured By NCUA Equal Opportunity Lender Work.Home.Life. RTN Member Newsletter - Winter 2016 Your Everyday Rate Advantage LOANS APRs * starting at: Vehicle (model years 2013 to 2016) 1.70% 1,2 FLEX Life Home Equity Line of Credit 2.75% 3 variable Mortgages, 15-year 3.177% 4 fixed SAVINGS APYs ** Certificate, 60-months 1.85% 5 Visit rtn.org for a complete list of rates. *APR=Annual Percentage Rate. **APY=Annual Percentage Yield. APRs and APYs are accurate as of December 15, 2015 and are subject to change or withdrawal at any time. Contact the Credit Union at , ext. 1, or info@rtn.org for current APRs and APYs. Loan example: A $1,000 vehicle loan for 60 months at 1.70% APR has a monthly payment of $ Reflects 1% discount for direct deposit of net pay, Social Security and/or pension benefits coupled with automatic payment from an RTN FCU account, is subject to change and replaces all previously quoted APRs. Subject to credit approval; the APR you receive is based on your credit score. 2 A $50 Vendor Single Interest (VSI) premium charge will be added to loan amount. 3 The annual percentage rate (APR) quoted is a variable rate subject to change monthly at 0.50% APR less than the month-end prime lending rate as listed in The Wall Street Journal (minimum 2.75% APR, maximum 18% APR) and may be withdrawn at any time without notice. Available for applicants with a credit score of 680 or higher and who have direct deposit of at least $500 per month to RTN FCU. Applicant pays no closing costs (estimated $375) if a $25,000 or more loan advance is taken at the time of closing and remains outstanding for six months. Early termination fee applies for lines closed within the first 36 months. Property insurance required. Loan example: Interest-only monthly loan payment at 2.75% APR is $2.29 per $1,000 borrowed for the first 10 years. Available in MA, NH, RI and ME. Property insurance required. 4 Mortgage APR quoted is for members with 20% down payment (or equity) and excellent credit, effective as of December 15, Available in New England only. 5 Available for investments of $50,000 or more. Terms subject to change or may be withdrawn at any time. Penalty imposed for early withdrawal of funds. Fees and other conditions could reduce the earnings on the account. Dividends paid at month-end or certificate maturity. It s Easy With edocuments Make your life easier by signing up for edocuments. You can receive your RTN statements, tax forms and other important notices including monthly loan, mortgage and home equity bills electronically when you optin to edocuments, available through Online Banking. Go to rtn.org to enroll in this convenient service or to sign up for Online Banking. 6