1

Mission Statement

To be a partner in fulfilling

Members lifelong dreams

Vision Statement

To provide the best

products, services and

educational opportunities

for members to achieve and

maintain financial security

MEMBER

QUARTERLY

Inside this issue:

Board of Directors 2

Annual Meeting 3

Member Appreciation

Day 3

Vacation Loan Sale 3

Baskets for Charity

Recipients 3

Rates 4

April 2018

P&G Mehoopany

Employees Federal Credit Union

www.pgmfcu.org

*APR– Annual Percentage Rate. Credit Union membership is required for loan approval.

Loan terms and conditions depend on credit qualifications and approval. Loan applies to the

refinancing of auto loans from other financial institutions only. Minimum rate offered will not

be less than 1%. New/used auto loan payment example: A 60 month new/used auto loan

with a 2.75% fixed APR would have monthly payments of $17.86 per $1,000 borrowed.

PGMEFCU: Federally insured by NCUA.

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Board of Directors 2018

This year, there are five candidates running for election to fill five seats open on the Credit Union’s

Board of Directors. The term for the Director positions open is three years.

Carole Broehl is a retired Federal Government Employee and was employed for 25 years. She worked as a legal assistant at the ODAR/SSA and worked in Calibration, Personnel and Security at Tobyhanna Army Depot. Carole attended East Stroudsburg University for two years. She has three children and six grandchildren. Prior to working for the Federal Government, Carole worked as a Branch Assistant at Fidelity Bank and a teller-secretary at Northeastern Bank. She lives in Tunkhannock with her fiancé Allan Kinsman. She enjoys time with family and friends.

David Sturdevant was employed by and retired from Procter and Gamble with over 34 years of service. David has been a member of PGMFCU since 1974. His first positive Credit Union experience happened while he was serving in the United States Air Force. He has filled leadership positions during his military service, his employment and also in other organizations he belongs to. This is David’s ninth year on the Board and his sixth year as Chairperson, previously having served as Vice-Chairperson. David and his wife Leona live in Tunkhannock Township.

Jim Holmes lives in Lemon Township, and has been a member of the Credit Union since 1993. He retired from the Department of Environmental Protection after 27 years in various positions. He is active in many local organizations in the community where he serves on the board. He resides with his spouse Cheryl and two grandsons.

Manny Savignano retired from Procter and Gamble after 32 years of employment. A member of the credit union since 1980, Manny has served as a director, a member of the credit committee, and various other credit union committees. Since retiring in 1998 Manny has also kept busy serving on his church board, remodeling for family members, and "growing up" with their 11 grandchildren, and one on the way. Manny and Rose, his wife of 57 years, reside in Marcy Station located in Tunkhannock Township.

Paul Rowker is currently the Eaton Township Supervisor and Road Master, and previously worked in the maintenance department at Procter and Gamble for 38 years. Paul has been a member of the credit union since we opened in 1972, and has previously served on the credit committee. He has three children, four grandchildren and lives in Eaton Township with his wife, Karen.

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Baskets for Charity

Over $3,700 was raised from our annual fundraiser! Thanks to all who

generously support this wonderful cause.

Donation recipients:

Cassandra Bell, Seven Loaves Soup Kitchen; Erica Rogler, Wyoming

County Cultural Center; Kristin Smith-Gary, Tunkhannock Public

Library; Cathy Franko, H.A.N.D.S of Wyoming County; Patrick Holmes,

PGMEFCU

Missing from photo: Victims Resource Center, Blue Chip Animal Refuge, Helping Hands Food Pantry, Tiger House

Annual Business Meeting Join us on Saturday, May 5, 2018 at the Tunkhannock Moose Lodge for dinner, and our Annual Business

Meeting from 5:00 pm—8:00pm. Tickets are $20 and will be available for purchase at every office. Be sure to

purchase your tickets early as seating is limited. Tickets will only be sold in advance.

Member Appreciation Day Join us on Friday, June 22, 2018 from 12:00 noon to 3:00 p.m. as we celebrate you, our members. As part

of the festivities, there will be a cookout at the Tunkhannock office with hot dogs, hamburgers, ice cream, and

prizes.

Management Team

Patrick Holmes, President/CEO

Annette Lynch, VP of Lending

Board of Directors

David Sturdevant, Chairperson

Vic Purdy, Vice Chairperson

Erika Colavitti, Secretary/Treasurer

Judy Frey Manny Savignano

Joyce Larson Jim Holmes

Mike Gipson Paul Rowker

Supervisory Committee

Sue Tereska, Chairperson

Donna Harvey

Rose Savignano

Joyce Larson

Vacation Loan Sale

Borrow up to $2,500 at 7%*APR

for 12 months. May 1, 2018 to July 31, 2018

*APR-Annual Percentage Rate. Loan terms and conditions depend on credit qualification and approval. Credit

Union membership is required for loan approval. Payment Example: A 12 month vacation loan with a 7.00% fixed

APR* would have monthly payments of $86.53 per $1,000 borrowed. Federally insured by NCUA.

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1-800-750-9030 www.pgmfcu.org Free Bill Pay, Account to Account Transfers, Popmoney, 24/7 Account Access

Office Hours Monday– Thursday Friday Saturday Location Telephone

Tunkhannock Drive Thru 9:00 a.m. - 4:00 p.m. 7:30 a.m. - 6:00 p.m. 7:30 a.m. – 12:00 p.m. 15 Lane Hill Rd., Tunkhannock 570-836-3227

Tunkhannock 9:00 a.m. - 4:00 p.m. 9:00 a.m. - 6:00 p.m. 9:00 a.m. - 12:00 p.m. 15 Lane Hill Rd., Tunkhannock 570-836-3227

P&G Plant 7:00 a.m. - 3:00 p.m. 7:00 a.m. - 3:00 p.m. Closed 5188 SR 87, Tunkhannock 570-833-2313

Eynon (Drive Thru) 9:00 a.m. - 4:00 p.m. 9:00 a.m. - 6:00 p.m. 9:00 a.m. - 12:00 p.m. 800 Scranton/Carbondale

Hwy, Eynon 570-876-6414

Wyalusing (Drive Thru) 9:00 a.m. - 4:00 p.m. 9:00 a.m. - 6:00 p.m. 9:00 a.m. - 12:00 p.m. 234 State Street, Wyalusing 570-746-5101

Dallas 9:00 a.m. - 4:00 p.m. 9:00 a.m. - 6:00 p.m. 9:00 a.m. - 12:00 p.m. 2859 SR 309, Dallas 570-675-3370

Tyler Hospital Open Tuesday and Friday 8:00 a.m. to 4:00 p.m. (Closed for lunch) 5950 SR 6, Tunkhannock 570-996-1186

P&G Credit Union ATMs Tunkhannock Drive Thru P&G Plant Tyler Hospital Cargill/Taylor Beef (employees) Dallas Office Wyalusing Office Eynon Office

Savings & Club Accounts

Type Dividend

Rate APY**

Minimum Balance

Required to

Obtain APY**

Regular Share .10% .10% $5.00

Christmas Club .10% .10% N/A

Vacation Club .10% .10% N/A

Term Share Certificates1 (CD)

Term Dividend

Rate APY

Minimum Balance

Required to

Obtain APY**

6 Months .20% .20% $1,000

1 Year .25% .25% $1,000

2 Years .50% .50% $1,000

3 Years .65% .65% $1,000

4 Years 1.00% 1.00% $1,000

1 Year Student

CD2 2.00% 2.02% $100

IRA Regular and Roth1

Term Dividend

Rate APY**

Minimum Balance

Required to

Obtain APY**

24 Month

Traditional

IRA/Roth

.50% .50% $1,000

IRA

Accumulation

Account

.10% .10% $5.00

Roth

Accumulation

Account

.10% .10% $5.00

**APY– Annual Percentage Yield is accurate as of April 1, 2018. APY is subject to change, and may vary at any time. Fees may reduce earnings.

1A penalty may be assessed for early withdrawal.

2Must be a student, min. deposit $100, max. deposit $250

Ages 14-22 limit 1 per student.

Federally Insured by NCUA

Loans

Approx. Term (In

Months)

APR*

Signature Loan3 12-72 9.45% - 18.00%

Payment Example: A 48 month signature loan with a 9.45% fixed APR would have monthly payments of $25.11 per

$1,000 borrowed.

Fuel Loan 12 4.00%

Payment Example: A 12 month fuel loan with a 4.00% fixed APR would have monthly payments of $85.16 per

$1,000 borrowed.

New & Used Vehicles3 12 2.75% - 12.75%

24 2.75% - 13.25%

36 2.75% - 14.00%

48 2.75% - 15.00%

60 2.75% - 15.25%

72 4.00% - 15.50%

84 4.50% - 16.00%

Payment Example: A 60 month new-used auto loan with a 2.75% fixed APR would have monthly payments of $17.86 per

$1,000 borrowed.

Older Used Vehicle3 12 6.49% - 15.50%

24 6.49% - 15.75%

36 6.49% - 16.50%

48 6.49% - 16.75%

60 6.49% - 17.00%

Payment Example: A 60 month older used auto loan with a 6.49% fixed APR would have monthly payments of $19.57 per

$1,000 borrowed.

New Campers3 $25,000 or > 120 6.24%-11.75%

Payment Example: A 120 month new camper loan with a 6.24% fixed APR would have monthly payments of $11.23 per

$1,000 borrowed.

Used Campers3 $25,000 or > 120 7.24%-12.25%

Payment Example: A 120 month used camper loan with a 7.24% fixed APR would have monthly payments of $11.74 per

$1,000 borrowed.

Shared Secured 48 4.50%

Payment Example: A 48 month share secured loan with a 4.50% fixed APR would have monthly payments of $22.81 per

$1,000 borrowed.

Home Equity Term 5, 10, and 15 Year Terms Call for current rate

Home Equity Line of Credit Up to 10 Years Variable

*APY– Annual Percentage Rate

3Rates are based on an evaluation of credit history, so your rate may differ.