Member

www.TeachersFCU.orgDecember 2017

92

44

8-1

217

Pay Down Debt or Borrow at a Great Low Rate

SPECIAL PROMOTIONS

All rates and terms are subject to change without notice. Rates & terms accurate as of 11/21/2017. * APR: Annual Percentage Rate. When the promotional period ends, any new or outstanding balance transfers and purchases will revert to the then Standard APR for the card type, which is currently: Platinum 9.96%, Classic 12.84%, No Frills 9.84%. All other terms and conditions are the same. ** We will accept balance transfers that are an aggregate of $1,000 as long as they are submitted in one transaction. (This does not apply to statement or letter checks).

For more information, visit TeachersFCU.org or call 698-7000, ext 6790.

Earn More as You Shop!2X Bonus Points on

Platinum Visa® Cards

Financial Services Representatives at other branches:

Stephen Abbott, CLU, ChFCFinancial Advisor2410 North Ocean Avenue, Farmingville, NY 11738(631) 698-7000, ext. 3692

Chris Hibbard, ChFC, CRPC, CFSVice President, Wealth Management5439 Sunrise Hwy., Holbrook, NY 11741(631) 698-7000 ext. 6020

Visit www.TeachersFCU.orgfor participating retail merchants.

Traveling for the Holidays?A shared branch can be a convenient way to access your TFCU account.

Visit www.co-opcreditunions.org/locator/ for locations.

DID YOU KNOW?

Through December 31, 2017

1.99 %Balance Transfer

APR*

Credit Union Service Centers accept transactions from members of other credit unions. Accepted transactions include: deposits, withdrawals, transfers, loan payments, check cashing, money order and traveler’s check purchases and ATM withdrawals.

No Balance Transfer Fee

For existing and new Platinum, Classic or No Frills credit card account holders.

• Through January 31, 2018 • Term: 12 billing cycles - the promotional rate will extend through 12 billing cycles from the date of the first transaction

• No minimum purchase amount

• Balance Transfers must be a minimum of $1,000**

• Balance Transfers can be submitted in the branch, on our website, and via online banking

• Not available on Student, Share Secured, or Business credit cards

2 Coming Soon! Turn everyday purchases into cash with TFCU’s Debit Card Rewards Program.

TFCU Now Accepting College Scholarship ApplicationsTFCU, in conjunction with the New York Credit Union Association, is offering college-bound high school seniors the opportunity to compete for statewide college scholarships. Scholarships will be awarded in the amounts of $1,000 and $500 and may be used at a two- or four-year accredited educational institution.

Download an application from our website, www.TeachersFCU.org, under the “What’s New” heading, or stop by any TFCU branch to request a scholarship application. All scholarship applicants are required to be members of a participating New York credit union. If the student is not a member of the credit union, he/she can join at that time.

For more information about this scholarship program, contact our office at (631) 698-7000, extension 3648. Please note: No scholarship applications will be accepted after the January 5, 2018 deadline.

Deadline:January 5, 2018

EDUCATION

FALL in Love with a New Car

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates and terms are effective 11/21/17. Rate will be based on credit history. Rate shown is lowest rate available. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rates not available on Buy Rite Plus balloon loans or leases. Not eligible for Educated Choice, Auto Transfer. Pay just $17.40 for every $1,000 borrowed with a 60-month term at 1.70% APR for new auto loans. Pay just $14.86 for every $1,000 borrowed with a 72-month term at 2.24% APR for used auto loans.

• Finance up to 100% of the purchase price - including sales tax and warranty.

• Take advantage of our quick approval process.

• Lower your payment by refinancing your car loan from another lender with us.

New AutoNew rates as low as

1.70%APR*

Used Auto

for up to 72 monthsFull Financing Available

Maximum 4 Model Years Old (Inc. Current Year) Other Rates/Terms Available

New rates as low as

for up to 60 months

Get Pre-approved and Save!

APR*2.24%

AUTO

For more information on either of these products, call 631-698-7000, extension 6790. *APR = Annual Percentage Rate. All rates and terms are subject to change without notice.

MEMBER NOTICES

Two Great Loans to Help with Seasonal Expenses Holiday Loan Offered through December 31, 2017Shopping, wrapping, baking, decorating...tis the season for stress and anxiety! Let us help relieve you of one big stressor - money. From now through December 31, we are offering members the opportunity to apply for a TFCU Holiday Loan.• Low 5.00% APR*• Borrow up to $3,000• Minimum Loan $250• Take up to 24 months to repayHere’s the math: If you borrow $3,000, for 24 months, at an APR of 5.00%, your monthly payment will be approximately $131.59.

Energy Loan Offered through March 31, 2018TFCU is offering Energy Assistance Loans to see you through the home heating season.• 5.00% Annual Percentage Rate• Minimum loan: $250• Maximum loan: $3,000• Repayment Terms: Up to 12 months for $1,500 Up to 18 months for $3,000• Purpose - Oil, electric or natural gas

MEMBER NOTICE

Let us Know if You’re Taking a Trip Out of the Country

To ensure uninterrupted service of your TFCU credit and debit cards, please notify us before you travel out of the country. This information will ensure your credit and debit card purchases are not blocked by our fraud monitoring systems.

To advise TFCU of your travel plans, please contact our Call Center at 631-698-7000, ext. 6780.

Limited Time Offer!

Certificate Account Special

Visit www.TeachersFCU.org for More Information!

*Annual Percentage Yield (APY) accurate as of 11/21/2017. All rates and terms are subject to change without notice. A penalty may be imposed on early withdrawals. Limited time offer.

SAVINGS

16-Month

1.65APY*%

30-Month

1.90APY*%

Minimum Opening Balance $1,000Savings federally insured to $250,000

3Coming Soon! Turn everyday purchases into cash with TFCU’s Debit Card Rewards Program.

Deadline:January 5, 2018

HOME

TFCU Offers Jumbo Mortgages up to $3,000,000 with 80% financing & up to $1,000,000 with 90% financing & PMI approval.

Achieve Your Life Goals One Great Rate at a Time

Rates as low as

30-Year Fixed Rate Mortgages

3.75%

No Points

RATE

APR*

3.125%

10/1 Adjustable Rate Jumbo Mortgages

Rates as low as

3.00%

3.60 %RATE

APR**No Points. Other Adjustable and Fixed Terms Available.

3.85%

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates & terms accurate as of 11/21/17. Maximum loan amount is $417,000. Pay $4.63 per $1,000 borrowed for 30-year fixed rate mortgage at 3.85% APR. Taxes, insurance and other costs will result in a higher monthly payment. Primary residence only. This is not a commitment to lend. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rate shown is for purchase or refinance, up to 80% financing. Other rates and terms available for loan to values above 80%. **APR: Annual Percentage Rate. Rates & terms accurate as of 11/21/17. Jumbo mortgages available from $417,001 up to $3,000,000. Pay $4.22 per $1,000 borrowed for 10/1 Adjustable rate jumbo mortgage at 3.60% APR. Rates fixed for 10 years. Subsequent adjustments made annually. 2% annual cap; 5% lifetime cap. Margin 3.00%. Index: 1 year Constant Maturity Treasury (CMT).Taxes, insurance and other costs will result in a higher monthly payment. Primary residence only. This is not a commitment to lend. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rate shown is for purchase or refinance, up to 80% financing. Other rates and terms available for loan to values above 80%. ***APR: Annual Percentage Rate. Rates & terms accurate as of 11/21/17. Maximum loan amount is $417,000. Pay $6.97 per $1,000 borrowed for 15-year fixed rate mortgage at 3.31% APR. Taxes, insurance and other costs will result in a higher monthly payment. Primary residence only. This is not a commitment to lend. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rate shown is for purchase or refinance, up to 80% financing. Other rates and terms available for loan to values above 80%. Membership conditions may apply.

Rates as low as

15-Year Fixed Rate Mortgages

3.31%APR***

No Points

RATE

Two Great Home Equity Products!

For more information on either of these products, please contact a representative in our

Call Center at 631-698-7000, extension 6790.*APR: Annual Percentage Rate. Rates and terms accurate as of 11/21/17. All rates and terms are subject to change without notice. Term: 180 Months. Daily Periodic Rate is 0.0075%. Rate applicable for terms up to 120 months. Higher terms are available. Ask for details. HELOC max $500,000 (up to 80% of home value, rate shown for 80% max. LTV). Lines up to $100,000 require $10,000 min. advance & must maintain a balance of $5,000 for 36 months to avoid repayment of closing costs. Lines $100,001 - $250,000: $60,000 advance & maintain a balance of $50,000 for 36 mos. to avoid repayment of closing costs. Lines $250,001 - $500,000: $150,000 advance & maintain a balance of $100,000 for 36 mos. to avoid repayment of closing costs. Variable rate equal to the Wall Street Journal Prime Rate (4.25% as of 10/10/2017) as published 30 days prior to interest rate adjustment date, applied at loan origination. After 12 month period, a 1% maximum rate adjustment is allowed per quarter. Rate will not exceed 18% over the life of the loan. Appraisal will be required. Primary residence – New York only. Ask for details. Membership conditions may apply. **APR: Annual Percentage Rate. All rates and terms are subject to change without notice. Rates/terms accurate as of 11/21/17. Rates will be based on credit history. Rate shown is the lowest available. Applicants not approved at these rates or terms may be offered credit at a higher rate or term. Lien must be in first position on the subject property. Appraisal will be required. Primary residence – New York only. Ask for details. Membership conditions may apply.

NO CLOSING COSTS!

2.74%

Interest-Only Home Equity Line of Credit

ADJUSTABLE RATE

APR*

NO CLOSING COSTS!3.50%

First Lien Position Mini-Home Equity Loan

FIXED RATE60-120 Month Term

APR**

Visa Gift CardsGive the gift of choice that can be used at millions of locations worldwide. With a TFCU Visa® Gift Card, you decide the amount and the recipient decides where to use it!

A gift card is an easy way to make sure everyone on your gift list gets exactly what they want. You’ll even receive a free card and envelope for your gift card.*

Denominations are available from $25 to $500.• $4 per card • Up to 10 free per year to Educated Choice members.

GIFT CARDS

Visa® Gift Cards can be purchased at any TFCU branch.

* While supplies last.

Beginning in January, TFCU Debit Cards with an expiration date of January 2018, 2019 and 2020 will be re-issued with an EMV chip. This process will continue each month throughout 2018. Going forward, debit cards issued in a branch will be EMV cards.

EMV chip technology is becoming the global standard for card payments. The biggest benefit of EMV is the reduction in card fraud resulting from counterfeit, lost and stolen cards.

MEMBER NOTICE

Debit CardValet® Service Now AvailableWith CardValet® from TFCU, you can control your Debit Card through your mobile device. With the CardValet app, you can turn your card on and off when you want, and be notified if someone tried to use your card without your permission.

CardValet Fraud Protection Features Include:

• Turn your card “off” and no withdrawals or purchases will be approved. Turn it back on when you want to make a purchase

• Get real-time alerts to keep you informed when your card is used or declined

Control Spending

• Monitor your finances anytime, anywhere by using the CardValet app to check your account balances or review recent card transactions

• Set spending limits for general use or specify thresholds by merchant types, such as gas, groceries or retail stores

You can download the CardValet app in the Apple® App Store or GooglePlay® Store.

MEMBER BENEFITS

† Facility employees only

Branch Locations

Convenient Loan Call Center Hours 24/7 Loan Information & Applications

631-698-7000, Ext. 6790.

TFCU’s Routing Number: 221475786

Check www.TeachersFCU.org for all of our GREAT RATES!

twitter.com/TFCU

Board Of DirectorsTimothy M. Southerton, ChairmanGeorge L. Dornhoefer, Vice ChairmanJuan C. Nuñez, TreasurerApril S. Neitlich, SecretaryRaymond P. GrossmanRonald A. MincioRobert J. NeyMario P. ShortinoShalei V.K. SimmsF. Jane Harris, Director EmeritaFrank D. Spencer, Director Emeritus

Executive ManagementRobert G. Allen, President/CEO Thomas A. Fallon, EVP/COO

Supervisory CommitteeJames F. Nohe, ChairmanMark O. Israel, SecretaryAlan R. Fertmann Eric J. Iberger April S. Neitlich

Amityville - 355 Broadway (Rte. 110)Bay Shore - 3rd Ave. and Sunrise Hwy. Brookhaven National Lab†

400 Brookhaven AvenueCentral Islip - 118 Wheeler RoadCommack - 10 Vanderbilt Pkwy.East Northport - 556 Larkfield RoadFarmingville - 2410 N. Ocean Ave. Hauppauge - 102 Motor Pkwy.

Holbrook - 5439 Sunrise Hwy.Huntington - 211 East Main StreetKings Park - COMING SOON!Manorville - 460 County Road 111 Merrick - 1638 Merrick Rd. Nesconset - 127 Smithtown Blvd. North Babylon - 1134 Deer Park Ave.North Massapequa - 4250 Jerusalem Ave. Oakdale - 951 Montauk Hwy.

Patchogue - 31 W. Main Street, Suite 23 Port Jefferson Station - 450 Jefferson Plaza (Rte. 112)Riverhead - 176 Old Country Rd. (Rte. 58)Rocky Point - 561 Route 25A Selden - 301 Independence Plaza, (Rte. 25)Shirley - 437 William Floyd Parkway. Smithtown - 1 West Main StreetSouth Setauket - 260-A Pond PathWading River - 6257 Route 25A

631-698-7000 • 1-800-341-4333**Outside the Long Island, Westchester and New York Metro areas.

TFCU HEADQUARTERS Located at: 102 Motor Pkwy, Hauppauge, NY

Mail: P.O. Box 9005, Smithtown, NY 11787www.TeachersFCU.org

While consistent effort is made to ensure the integrity of information contained in this publication, material should not be considered legal,

financial or professional advice. Terms and conditions apply. Please speak to a representative for details.

facebook.com/TeachersFCU

Holiday Closing

All branches of TFCU will be closed on Monday,

December 25, in observance of Christmas and Monday, January 1, in observance of New Year’s Day. Enjoy the

holiday season!

FINANCIAL SERVICES

0003782-0613 © CUNA Mutual Group. Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.

Whatever your stage of life, we are here to help you with top-notch financial

and investment advice, and a full spectrum of tools and options designed to

help you achieve your dreams – all as close and convenient as our office.

Contact a financial advisor at our office today.Manorville – Ron RebaldoNesconset – Micki Cahill

Financial Services Representatives at other branches:

Stephen Abbott, CLU, ChFCFinancial Advisor2410 North Ocean Avenue, Farmingville, NY 11738(631) 698-7000, ext. 3692

Frank PecorellaFinancial Advisor3rd Avenue & Sunrise Hwy., Bay Shore, NY 11706631-698-7000, ext. 6925

Chris Hibbard, ChFC, CRPC, CFSVice President, Wealth Management5439 Sunrise Hwy., Holbrook, NY 11741(631) 698-7000 ext. 6020

Sergio MessinaFinancial Advisor102 Motor Parkway, Hauppauge, NY 11788631-698-7000, ext. 2453

TEAM TFCU took part in the United Way of Long Island’s Mission United Campaign. All funds raised through the sale of Mission United t-shirts directly benefit United Way of Long Island’s Veteran Assistance Programs, which supports Long Island Military Veterans and their families.

IN THE COMMUNITY

Team TFCU Supports our Local Vets!