ProgressReport_May03 (Page 1 - 2)

Safety, Security & Stability
Protecting You & Your Funds
Ensuring the security of Members’ funds is our
number one priority. That is why our web site now
features a variety of educational articles that discuss
important topics such as the stability of your credit
union, security, and confidentiality. We encourage
you to visit our web site at www.octfcu.org and click
on the Protecting You & Your Funds link to
learn more.
New Fee-Free ATM Locations
• Anaheim
1830 W. Romneya Drive
(1st floor, North Orange County
Community College District)
• Ladera Ranch Burger King
27702 Crown Valley Parkway
(in Bridgepark Shopping Center)
A Quick Guide to this
Month’s Highlights
• Orange Albertson's
4550 East Chapman Avenue
(between Prospect and Hewes)
• Rancho Santa Margarita
Burger King
22351 Antonio Parkway
(at Coto de Caza Dr.)
• Laguna Niguel Burger King • Yorba Linda
28201 Greenfield Drive
21550 Yorba Linda Canyon Blvd.
(in “The Center at Laguna Niguel”
Shopping Center)
• Newport Beach Burger King
5180 Birch Street (at Jamboree)
(at Yorba Linda Blvd.)
Notice:
The ATM in the Orange Burger King at
2734 N. Tustin Ave. has been removed.
To search 1000s of ATM locations, visit www.octfcu.org,
click on the About Us link, and ATM Locations.
Disclosure of Terms and Conditions
Investment products and services offered through CUSO
Financial Services, L.P. (CFS) are not NCUA/NCUSIF
insured, not credit union guaranteed and may lose value.
Financial advisors are employed by Member Investment
Services, a wholly owned subsidiary of OCTFCU, and
registered through CFS. OCTFCU is in partnership with
CFS, member NASD/SIPC.
††OCTFCU Visa Travel Purchase Promotion
APR=Annual Percentage Rate. Promotional 5.9% APR is valid for new purchases in the
airline, car rental, gasoline, and hotel/motel lodging categories only between May 1, 2003
and August 31, 2003.The 5.9% promotional rate will apply to all promotional purchase
balances until the promotional balance is paid in full. Payments will be applied first to
finance charges, fees, promotional balance, and then regular balance. OCTFCU has a
credit card program that features a range of interest rates. Regular Visa rates are 8.9%
APR, 9.9% APR, 11.9% APR, or 13.9% APR. Rates are based on a variety of
factors, including the applicant’s credit rating and
OCTFCU account history. Regular Visa rates are
current as of April 23, 2003 and are subject to change.
May
*Auto Loans — 4.9% APR
APR=Annual Percentage Rate.The rate shown here is the lowest available, requires
20% down, and reflects a 3/4 percent discount for payments made through automatic
transfer from your OCTFCU Share Savings or Checking account. Offer does not apply
to the refinance of existing OCTFCU auto loans. OCTFCU’s loan program features a
range of interest rates for some of its consumer loans. A rate is based on a variety of
factors, including the applicant’s credit rating and OCTFCU account history.
**APR=Annual Percentage Rate
Rates are current as of April 23, 2003.This is a variable rate line of credit tied to the
30-Day Certificate of Deposit rate as reported by the Federal Reserve, and is subject
to change monthly.The maximum APR that can apply is 18%.The introductory rate
applies for the first six billing cycles on new loans, is not based on the index plus
margin, and is not valid for 100% financing.
***Minimum advance $250 per advance
†Member Investment Services
May
Highlights
Ready to Spring for a Car?
We’ve got more than great rates this season to
put you in the car of your dreams. Consider the
following OCTFCU Auto Loan features when
determining financing for your next vehicle
purchase:
• New and used auto loan rates as low as 4.9% APR*
with 20% down
• No application or funding fees (other lenders may
apply a $75 fee)
• Terms up to 84 months
Because we specialize in auto loans, you know
you’re getting an excellent value and the
personalized service you deserve as an OCTFCU
Member. Visit our web site at www.octfcu.org or
call our Telephone Service Center to apply.
Home Equity Line of Credit
Rates Reduced!
With an OCTFCU Home Equity
HELOC RATES
Line of Credit (HELOC), you can
as Low as
borrow as much or as little as you
4.75%
APR **
need. Simply write a check to
access your account as often as you
like, up to your available credit limit.***
And with rates as low as 4.75% APR,** and the
following features, an OCTFCU HELOC may be
just what you need:
• Low introductory rate of 3.9% APR** for the first six
months on loans up to 80% Loan-to-Value
• Loan amounts up to $250,000
• Ten-year draw period with interest-only payments on
the amount you use, followed by a fully amortized
15-year repayment period
• $50 annual fee waived with automatic payment transfer
To apply for an OCTFCU HELOC, complete our
quick online application at www.octfcu.org, or call
our Telephone Service Center.
Explore Innovative Investment Strategies
OCTFCU's subsidiary, Member Investment Services,†
can help you refine your investment strategies through
their popular, complimentary financial planning
seminar Retirement Investment Strategies:
Choose from Three Dates
Wednesday, May 21, July 30, and August 20
5:30 p.m. - 7 p.m.
OCTFCU Santa Ana branch location
2115 N. Broadway (at Buffalo)
Sign up online at www.octfcu.org, or call our
Telephone Service Center at 714/258-4000,
extension 8302, or 800/4OCTFCU
(800/462-8328), extension 8302.
Calendar of Holidays and Events
Monday May, 26
Memorial Day (All OCTFCU branches closed)
Visa Summer Travel
Purchases 5.9% APR††
Whether you’re planning a trip to Italy or a
weekend getaway to Carmel, you’ll enjoy a 5.9%
APR†† on all your airline, car rental, gas, and
hotel/motel purchases made with your OCTFCU
Visa between May 1 and August 31, 2003.
This low rate will apply to new purchase transactions
for the categories listed above, and is not applicable
for balance transfers, cash advances, or
GAS
non-travel purchase transactions. The
INCLUDED!
promotional rate will apply for the life
of all eligible purchases. Payments will
be first applied to balances incurred
during the promotion period.
The fun summer months are almost
here, so make your travel plans today!
For details on information provided in this insert, visit our web
site at www.octfcu.org, or call our Telephone Service Center at
714/258-4000 or 800/4OCTFCU (800/462-8328) Monday
through Friday, 7 a.m. to 7 p.m., and Saturday 10 a.m. to 3 p.m.