Kinetic Telephone Banking • 706.320.8552 • Communication Center • 706.320.8500 or 1.877.332.1269 • kineticCU.com

July 2020

QUARTERLYnewsletter

Summer is an ideal time to dust off your finances and tidy up your budget. Maybe your tax returns have motivated you to increase your emergency savings for the remainder of the year, or perhaps you want to improve your credit score? Whatever your situation, now is the perfect time to get your financial house in order. These four strategies can help you get your personal finances in check and maintain a strong foundation.

1. Clean Up Your CreditYour credit score can have one of the biggest impacts on your financial life - so don’t let it collect dust! Did you know you can check your credit score for free with each of the three credit bureaus? Staggering your requests every four months allows you to keep a regular eye on your credit report. Once you know your score, you can set goals to continue to improve your responsible credit habits.

2. Pay Your Bills On TimeIn today’s digital age, there are various mobile payment options available to help you to get ahead of your bills. Set up Kinetic’s online banking and use automatic bill pay to save your-self the hassle of mailing checks, and protect against the costs of missing a deadline.

3. Protect Your AccountsWith the prevalence of digital transactions, it’s important to protect yourself from consumer fraud and identity theft. Regularly checking your credit score for errors and unauthorized transactions is one simple strategy to protect your identity.

4. Save for a Rainy DayDid you know that 78% of Americans do not have enough savings to cover unforeseen expenses? Saving doesn’t have to be hard, although it does take discipline. Small adjustments in your daily routine can make a big difference in your ability to cover emergency costs or meet a payment due date. In addition, many savings vehicles will pay you interest on the money you have deposited, which will help your money grow over time.

Four Ways to Tidy Up Your Personal Finances This Summer

Learn more at kineticcu.com/smart-steps.

Always With You

Thank you for the trust you place in Kinetic Credit Union. Our ongoing commitment is to provide the financial services you need to prosper and realize your dreams. The past several weeks have changed the financial focus for many of us. Instead of saving for a dream vacation or new home, many are focused on providing the necessities for daily living.

Whatever your situation is at the moment, Kinetic is ready to help in any way that we can. Our team has continued to provide the highest level of service possible in these unprecedented times. We appreciate your patience as we’ve made adjust-ments to our branches. The lines are sometimes longer, as are the wait times for our Communication Center. Thank you for your understanding.

We continue to provide loans for our members who need them. From business to auto to small dollar personal loans, Kinetic is focused on helping you every day. Call us. Most consumer loans can be completed without having to visit a branch.

Thank you for your membership and the trust you place in us. We remain even more dedicated to fulfilling our mission -- to better your life and the lives of all of our members.

Sincerely,

Mark LittletonPresident/CEO

Notice: Effective July 1, 2020, due to changes in Regulation CC Funds Availability, the following two beneficial changes for check holds will take place: The next day availability will increase from $200 to $225 and the exception hold for large deposit of checks totaling $5,000 will increase to $5,525.

Holiday ClosingsFriday, July 3 & Saturday, July 4

Independence Day

Monday, September 7Labor Day

Please remember: Our ATMs, Kinetic Telephone Banking, Mobile Banking and eBranch are available for your convenience 24/7.

Landy Thompson Financial Services

Need Guidance Planning for Retirement?

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 (866) 512-6109. 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.

Contact Landy Thompson, MEMBERS Financial Services

Representative serving the members of Kinetic Credit Union at 706-571-3156, for a no-cost, no-obligation

Retirement Assets Consultation.

Convenient and Secure Banking from Anywhere

Manage Accounts - Manage your account history, check your balance, and transfer funds all from your mobile device. Browse cash-back deals no matter where you are (Registration/activation required). It’s all right at your fingertips, on your time.

Pay & Transfer - Schedule or pay bills from the Kinetic App. Make quick, secure transfers between your accounts, or use Popmoney to send money to family and friends.

Deposit Checks - Deposit checks right from your mobile device 24 hours a day, seven days a week.

Download the Kinetic Mobile App today!

Contact our Residential Lending Department706.320.8585 or mortgages@kineticcu.com

Ready to Buy a New or Used Vehicle? Kinetic has low rates on new, used and recreational vehicles!

Applying for an auto loan is easy!

Give us a call at 706.320.8575 or visit kineticCU.com and apply online!

Become a member. Call (706) 320-8500 to join. Federally Insured by NCUA

AlwaysYou

withwith

Kinetic Checking features even more great benefits!

• Free VISA® Debit Card with ScoreCard Rewards

• Apple Pay, Samsung Pay and Android Pay

• Free Mobile Banking, Online Banking and Bill Pay

• Access to nearly 30,000 surcharge-free ATMs, nationwide

• Earn 1.00% APY* on balances up to $10,000

*APY = Annual Percentage Yield. All rates are subject to change. Annual Percentage Yield is accurate as of 7/1/2020. Please contact Kinetic Credit Union for further information on current rates and terms. For Kinetic Checking accounts with balances below $10,000.01, to meet the qualifications you must (1) receive monthly electronic statements and (2) make 10 debit card transactions (signature, PIN-based point-of-sale purchases, or online purchases and excludes ATM withdrawals, transfers, and deposits) that post and settle to your account.

Federally Insured by NCUA

Federally Insured by NCUA