PAID IN FULL2 - Houston Police Federal Credit Union

2015
WinterNewsletter
PAID IN FULL
2
Finance a new or pre-owned vehicle or motorcycle and you can
lower your rate or possibly have your loan balance PAID IN FULL2!
Have you been waiting for the right time to buy a
Your promotional offer2 could reveal an opportunity
new or pre-owned vehicle or motorcycle? This is it!
to enter the drawing of up to $30,000.00. You could
2
During our PAID IN FULL Auto Promotion, you can
be one of many other lucky members eligible for a
reduce the interest rate on your auto loan, making
chance to have your loan balance PAID IN FULL2.
your payments even lower! You may even be one of
many other lucky members eligible for a chance to
2
have your loan balance PAID IN FULL !
Use Houston Police FCU help with your vehicle
purchase. Visit hpfcu.org for blue book pricing,
pre-owned vehicle inspection service, new and
Here’s how it works:
pre-owned car buying services and low-cost auto
protection including extended warranty services.
1 Get pre-approved for a new or pre-owned
3
vehicle or motorcycle. It's as easy as applying
So, hurry and get your loan pre-approved3! If you’re
online at hpfcu.org, calling 713.22.LOANS or
purchasing a vehicle or looking to refinance your
stopping by any of our office locations.
current vehicle from another lender, finance at
Houston Police FCU and take advantage of this
2 At loan closing, you will receive a scratch-off
promotional offer3. Contact us today!
ticket that offers an additional 0.15%, 0.25%,
0.35%, 0.45%, 0.55%, 0.65% or 0.75% off2 your
This offer ends on July 2, 2015.
qualifying rate.
(continued on back)
3 Scratch-off the ticket and reveal your
promotional offer2!
You’re invited to this year’s Annual Meeting!
Before we make 2015 an amazing year, we want to celebrate everything about 2014. No celebration would be complete without you. So, join us!
The 2015 Houston Police FCU Annual Meeting will be held on Tuesday, February 10, 2015 at the SPJST Hall at 7:00PM CST.
All Houston Police FCU members are invited to join us as we take a look back at our 2014 achievements and prepare for the coming years
with the election of officers and much more. Celebrate with us over food, fun and several chances to win great door prizes!
Date: Tuesday, February 10, 2015
Time: 7:00PM CST
Place: SPJST Hall, 1435 Beall Street, Houston, TX 77008
If you need assistance or have questions about our event, call LeDetri Jenkins at 713.986.0200.
2015 Holidays
New Year’s Day
Thursday, January 1
Martin Luther King, Jr.
Monday, January 19
(Memorial Drive also closed
Saturday, January 17)
Memorial Day
Monday, May 25
(Memorial Drive also closed
Saturday, May 23)
Independence Day
Friday, July 3
(Memorial Drive also closed
Saturday, July 4)
Labor Day
Monday, September 7
(Memorial Drive also closed
Saturday, September 5)
Veterans’ Day
Wednesday, November 11
Thanksgiving Holiday
Thursday, November 26
Friday, November 27
(Memorial Drive also closed
Saturday, November 28)
Christmas Holiday
Thursday, December 24
Friday, December 25
(Memorial Drive also closed
Saturday, December 26)
Shape up your credit in the New Year with
Houston Police FCU
Start the year with the financially healthy goal of getting your credit in shape.
Good credit can improve your financial well-being and boost your purchasing
power.
Sculpting a strong financial future and putting some muscle on your credit
history are as important as staying physically fit. The easiest path to a solid
credit history is through responsible use of credit cards. If you can demonstrate
a positive track record of credit card use, you can reduce the interest rate
charged on the credit cards themselves as well as the rates on car loans and
even mortgages.
Follow these tips to shape up your credit in the New Year:
• Use your credit card regularly, but not excessively
• Make on-time payments each month
• Pay more than the monthly minimum amount
• Exercise restraint and good judgment when using your credit card
• Avoid credit cards with high interest rates
• Compare your current card’s annual interest and fees to other cards; all
cards are not equal
• Keep your total credit card payments within 10 percent of your monthly
net income
• Track your credit card charges throughout the month
• Check your credit history annually; you are entitled to one free credit report
each year
Houston Police FCU can help you get fiscally fit this year. Call or stop
by to learn how a Houston Police FCU Credit Card can help you get
fiscally fit. With low rates and great benefits, our cards can help you
build a healthy financial future and increase your purchasing power!
APP. SNAP. DEPOSIT.
We know how busy you are. There
aren’t enough hours in the day to do
everything on your list, including
stopping by the Credit Union to make
a deposit.
As a member, you shouldn’t have to
worry about that. So, we’ve added a
new mobile service. You can now
deposit a check into your Credit Union
account anytime, anywhere!
Like our other services, it’s fast
and easy:
1. Download the mobile app from
iTunes or Google Play.
2. Log into eBranch.
3. Select “New Deposit.”
4. Snap a picture of the front and back
of your check, amount of deposit,
and confirm it.
Note: Remember to endorse the back
of the check with your signature and
write "For Remote Deposit Only"
along with your account number
before snapping the picture!
Your deposit will be in your account
the same business day if made before
3:00PM CST on business day or the
next business day if made after
3:00PM CST.
Download our mobile app today!
$5,000 SHOPPING SPREE
2
Home Equity Loans
Get a Home Equity Loan from Houston
Police FCU and you could win a
$5,000.00 SHOPPING SPREE2!
Plus, you will get a $100.00 gift card2 at closing!
Member does NOT pay closing costs
1
AS LOW AS 6.0% APR FIXED
Member pays closing costs
1
AS LOW AS 3.5% APR FIXED
Home Equity Line of Credit Loans
1
AS LOW AS 3.5% APR VARIABLE
With our low rates and professional service, a Home Equity Loan at
your Credit Union has always been a valued offer. With rates as low
as 3.50% APR1, it’s the perfect loan to use to consolidate bills, for home improvements and additions, or for
whatever reason you may have.
But now, it’s even better! When you close on a fixed rate Home Equity Loan or a variable rate Home Equity
Line of Credit between January 20, 2015 and May 2, 2015, you will receive a $100.00 gift card2 and an
automatic entry for a chance to win a $5,000.00 Ashley Furniture HomeStores Shopping Spree2!
Make an appointment with one of our loan professionals today. Just call 713.986.0200. Someone will win the
$5,000.00 SHOPPING SPREE2 – it could be YOU!
(continued on back)
Houston Police FCU’s suggestions for better credit in the New Year
Consumer debt is growing at an alarming rate. Sometimes it’s hard
to see it coming before you suddenly find you’re a statistic. Ask yourself
these questions:
• Is your spending out-of-control?
• Do you feel like you’re in over your head?
• Are you missing scheduled monthly payments?
If you answered “yes” to any of these questions, you may be headed for
serious financial trouble - a bad credit rating that will follow you for years to come. It’s never too late to start
on the road back. Houston Police FCU suggests these ideas to help you get started.
First, realize that you’re not alone. The Federal Reserve estimates that U.S. consumers are currently carrying a debt load that is 37% heavier than it was just five years ago.
Prepare a written budget, and then stick to it! The best way to keep your credit good is to live within
your means. Once you actually start recording your expenditures, you may spot some items right away that can
be trimmed.
Be diligent about making your scheduled monthly payments on time. From your written budget,
organize your scheduled monthly payments according to their due dates. Depending on when you get paid
each month, determine which bills get paid out of each paycheck. As soon as you get paid, pay your bills first.
Help is available from Houston Police FCU
If you’re having trouble making ends meet, give us a call. There are many different ways we can help you
manage your debt. We’ll look at your unique situation and help you find the best remedy.
Houston Police FCU’s recommendation to protect
yourself from fraud
The technology that we enjoy today, making our lives more entertaining and allowing
us to communicate from almost anywhere, also has its risks. Identity thieves have
learned how to take advantage of this technology and use it against us, devising
numerous ways to obtain personal information they then misuse.
You should be aware of three oddly-named forms of identity theft – phishing, pharming and vishing. These are three of the common methods that criminals use to steal
your personal information without ever having to touch your wallet or purse.
Phishing
Phishing is an online form of deception. In phishing scams, someone sends you an
e-mail to entice you to provide personal information. They usually try to disguise
themselves as legitimate businesses, claiming that they need you to update your
account information. They want passwords, credit card information, Social Security
Numbers, and bank account information. Typically, they link you to another website
to update your information. These websites may look genuine, but they are fake.
Houston Police FCU will never ask our members to provide confidential account
information via e-mail. If you receive an email that appears to be from Houston
Police FCU that asks for personal information, notify us immediately. If you receive
something from another financial institution that you do business with, you should
also notify them. A reputable business will never send you an email asking you to
update your personal account information.
Pharming
Pharming is a form of identity theft that redirects people from one Internet website to
another without their knowledge. Pharmers set up the phony websites to look virtually identical to the legitimate site that the user had intended to visit. The user,
thinking the site is the correct one, enters their user name and password, and that
information is then captured by the criminals. This give them access to your account
and all the information it contains.
To fight pharming, be observant of the web page address that is shown in the address
line. If it seems at all suspicious, do not provide any personal information and close
your web browser immediately.
Here are some additional tips to protect yourself from Phishing and Pharming
expeditions:
If you get an e-mail or pop-up message that asks for personal or financial information,
do not reply and do not click on the link in the message.
• Use computer anti-virus software and a firewall, and keep them up to date.
• Don’t email sensitive personal or financial information.
• When providing personal information online, check to be sure that the website is
secure, by looking for a lock or key icon at the bottom of the browser.
• Review credit card and bank account statements as soon as you receive them.
• Be cautious about opening any attachment or downloading any files from emails
you receive, regardless of who sent them.
Vishing
A new fraud threat, called vishing, is now on the rise. Vishers use an innovation
called Voice over Internet Protocol, or VoIP, to cover their tracks as they e-mail or call
people pretending to be from their bank or financial institution and ask for personal
information. This new technology makes long-distance calling cheap for the thieves
and easy to thwart caller ID and disguise identity and location.
To steer clear of vishing:
• Be suspicious of any e-mail or telephone call that asks you to phone the financial
institution, and double check the number listed in the e-mail or telephone
message.
• Be skeptical of any caller who says he or she is from your financial institution. Our
24-hour automated verification system and live outbound Security Department
may verify transaction history and/or ask random security questions that only the
account holder should be able to answer. Listen carefully to verify the accuracy of
the information being provided. If the call seems at all suspicious, hang up
immediately and call Houston Police FCU during normal business hours at
713.986.0200 or 800.927.8707.
• Never give out your credit, debit card, or PIN numbers to
anyone that calls you.
• Report any suspicious calls to Houston Police FCU so
we can alert other members.
Meet Pat Owens,
On-site Mortgage Loan Officer
for Houston Police FCU.
Pat began her real estate career in 1972 and has held
various positions in her years in lending including
everything from loan officer to closer and everything
in between. She also served in real estate sales for six
years giving her insight into working with realtors and contracts. These years of experience
have also made her an expert in working with various types of loans including FHA, VA,
USDA and construction loans.
Whether you are shopping for the perfect home or looking to refinance your current
one, Houston Police FCU has exclusive offers just for our members to give you the best home
loan program to help you reach your financial goals. Start your year off with a search for your
perfect home and the perfect home loan! Call Pat today to receive your free consultation.
Pat Owens
On-Site Mortgage Loan Officer, NMLS 876546
713.986.0288 or 800.607.3474 Ext. 3206
pato@homeloancu.com
Meet Gilbert DeLaGarza,
On-site Liberty Mutual Insurance Agent
for Houston Police FCU.
Hours: Every Thursday from 10:00 am to
4:00 pm and/or by appointment.
Gilbert has been with Liberty Mutual since April
2012. He is committed to providing you with quality
protection and service at an affordable price.
Liberty Mutual Insurance’s partnership with TruStage Auto & Home Insurance Program
makes Houston Police FCU the place for auto and home insurance. That’s because the
TruStage Auto & Home Insurance Program is built on many of the same foundations as we
are: competitive rates, excellent service and solid value. You want auto and home insurance
that you can depend on and rates you can afford. With discounts for being a member and
easy switching from your existing carrier, it’s worth a quick call or visit. To learn more about
complete coverage plans designed to protect your auto and home, just give Gilbert a call.
Gibert DeLaGarza
23232 Kingsland Blvd, Ste D
Katy, TX 77494
281.392.4333 Ext. 59112 or 281.415.2163
www.libertymutual.com/gilbertdelagarza
TruStage Auto & Home Insurance Program is made available through TruStage Insurance
Agency, LLC and issued by leading insurance companies.
Houston Police FCU members save big with the Sprint
Credit Union member discount.
Tired of paying too much for your cell bill? We don’t blame you. So we’re helping you save
with the Sprint Credit Union Member Discount from Love My Credit Union Rewards. As a
Houston Police FCU member, you can save on your monthly wireless bills – plus have your
activation and upgrade fees waived.
Our members can get:
• 10% discount on select regularly priced Sprint monthly service
• Activation fee on new lines waived (up to $36 in savings)
• Upgrade fee waived (up to $36 in savings)
3 Ways to Get Your Discount:
• Call 877.SAVE.4CU (877.728.3428) and let them know you’re a credit union member.
Ask to be a part of the NACUC_ZZM Corporate ID to save
• Visit LoveMyCreditUnion.org/Sprint
• Visit your nearest Sprint store
Current and new Sprint customers need to verify credit union membership to take advantage
of these exclusive discounts. Visit www.Sprint.com/verify or download the Love My Credit
Union Rewards app in the Apple App Store or Google Play to verify your membership.
Stop paying too much for your wireless services, start saving with
the Sprint Credit Union Member Discount today.
Statement of Condition (as of December 31, 2014)
Assets
Deposits
$569.2 million
$490.2 million
Loans
Members
$275.0 million
24,702
Editor.........LeDetri Jenkins
Main Office
1600 Memorial Drive
Houston, Texas 77007-7702
Office Hours: 7:00 am to 4:30 pm, Mon-Fri
Drive-Up Hours: 6:00 am to 7:00 pm, Mon-Fri
Saturday Hours: 9:00 am to 1:00 pm (except Holiday
weekends)
Houston Police FCU members save
big with the TurboTax® discount
Willowbrook Office (Willowbrook Place Bldg)
17314 Highway 249, Suite 107
Houston, Texas 77064
Office Hours: 8:30 am to 4:30 pm, Mon-Fri
This year, be confident your taxes are done right and
get a chance to win big! TurboTax coaches you to the
biggest refund you deserve, double checking as you go
and searching over 350 deductions and credits. Try
TurboTax Online now for free and be entered into the
TurboTax $25K Giveaway!1 Just follow the TurboTax link
on our homepage at www.hpfcu.org to get started.
Travis Office
1200 Travis
Houston, Texas 77002
Office Hours: 8:00 am to 4:30 pm, Mon-Fri
Restricted access: This location available to HPD
employees with access to the HPD Headquarters
(Administration Building) only.
1 TurboTax $25K Giveaway. NO PURCHASE OR FINANCIAL DISCLOSURE NECESSARY. Open to legal residents of
the fifty (50) United States or the District of Columbia, 18 years of age or older at time of entry. Void in Puerto
Rico and where prohibited by law. Giveaway ends 2/26/15. Subject to complete Official Rules and all applicable
federal, state and local laws. For Official Rules including odds of winning, alternate method of entry, and prize
descriptions, visit https://turbotax.intuit.com/go/sweepstakesrules. PRIZES: One (1) Grand Prize: A check for
$15,000. Retail value, $15,000. Ten (10) First Prizes: A check for $1,000. Retail value, $1,000 each. Maximum retail
value of all prizes is $25,000. The odds of winning a prize depend upon the total number of eligible entries
received by the end of the Promotion Period. SPONSOR: Intuit Inc., 7535 Torrey Santa Fe Rd, SDG-2A-03-22F, San
Diego, CA, 92129.
Federally insured by NCUA
© 2014-2015 Intuit Inc. All rights reserved. State filing charges apply. Limited time offer for TurboTax 2014.
Terms, conditions, features, availability, pricing, fees, service and support options subject to change without
notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of
Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property
of their respective owners.
1600 Memorial Drive
Houston, TX 77007
Check out our awesome Auto and
Home Equity Loan promotions inside!
· March 20, 2015
· June 19, 2015
· September 18, 2015
· December 18, 2015
2015 Shred Days
Hours: 10:00 am - 2:00 pm
PAID IN FULL Promotion2 (continued from front page)
1 APR = Annual Percentage Rate. Rate based on loan term of 60 months or less for new and pre-owned vehicles and motorcycles year 2009 and newer. Rate may vary based on longer term.
Vehicle loan payment example: At 1.74% APR on a $10,000.00 loan with a 60-month term, monthly payment would be approximately $174.27. Rate current as of January 1, 2015, and are subject
to change based on market conditions and borrower eligibility.
2 No purchase required to enter the “Paid in Full” Auto Loan Promotion. Members of Houston Police FCU that finance a new or pre-owned vehicle or motorcycle, or refinance a new or pre-owned
vehicle or motorcycle from another lender between January 20, 2015 and July 2, 2015 are eligible. Loan must be funded no earlier than January 20, 2015 and no later than July 2, 2015 to be
eligible. Loans funded prior to January 20, 2015 or after July 2, 2015 are ineligible and will be excluded from the promotion. The promotion is limited to new or pre-owned vehicle and motorcycle
purchases, and vehicles and motorcycles refinanced from another lender only. Vehicles and motorcycles currently financed with Houston Police FCU are ineligible for the promotion. Members
and non-members who wish to participate in the promotion must submit a 3” x 5” index card with “Paid in Full” Auto Loan Promotion, their name, address and phone number to: 1600 Memorial
Dr., Houston, TX, 77007, Attn: Marketing Department or to any office location. Only one entry per person. All entries must be received by July 2, 2015. At the time of loan closing, member will be
allowed to randomly select one scratch-off ticket per qualifying vehicle or motorcycle loan. Two or more members jointly purchasing a vehicle or motorcycle may only select one offer.
Promotional offers include: 1) a rate discount of 0.15%, 0.25%, 0.35%, 0.45%, 0.55%, 0.65% or 0.75% off your qualifying APR1, or 2) a rate discount of 0.55%, 0.65% or 0.75% off your qualifying APR1
or an entry into the drawing, by forfeiting the rate discount, for a chance to have your loan balance paid off up to a maximum of $30,000.00, not to exceed the current payoff balance of the auto
loan. $3,000.00 cash prize will be substituted for a winning member or non-member without a qualifying auto loan. Winner must be at least 18 years of age. See Official Promotion Rules for
specifics and eligibility online at hpfcu.org. Check with a Houston Police FCU representative for full details. Promotion ends July 2, 2015.
3 Credit score will be established by Equifax Beacon FACTA 09 model #MD02369. Qualifying Houston Police FCU criteria applies for all loans. Maximum qualifying term may vary based on year of
collateral. Refinance restrictions apply. Current Houston Police FCU loans cannot be refinanced at this rate. Other qualifications may exist. Membership eligibility is required.
$5,000.00 SHOPPING SPREE2 Promotion (continued from inside)
1 APR = Annual Percentage Rate. Credit score will be established by Equifax Beacon FACTA 09 model #MD02369. Rate current as of January 1, 2015, and are subject to change based on market
conditions or borrower eligibility. 3.50% APR for Home Equity Loan is fixed and requires member to pay for all underwriting services including, but not limited to, appraisals, flood, title
search/insurance, credit report and filing fees. Rate will vary if member elects not to pay for underwriting services. 3.50% APR for Home Equity Line of Credit (HELOC) is variable. Variable APR
equal to The Wall Street Journal Prime Rate (currently 3.25%) plus a fixed percentage, or margin, with a minimum APR of 3.50% and a maximum APR of 18.00%. APR may be higher based on the
prevailing variable-rate index value, credit qualifications, the amount of the loan or credit line, combined loan-to-value, and/or property type. Minimum closed-end Home Equity Loan is
$5,000.00. Minimum HELOC is $10,000.00. Maximum closed-end Home Equity Loan or HELOC, together with any other mortgage(s), cannot exceed 80% of the property value on the family,
owner-occupied property. Homeowner’s property insurance is required. Flood insurance may be required. Non-owner-occupied properties are ineligible for this offer. Offer does not apply to
existing Houston Police FCU Home Equity Loans or HELOCs. Membership eligibility is required.
2 No purchase required to enter the “$5,000.00 Shopping Spree” Home Equity Loan Promotion. Members of Houston Police FCU that finance a Home Equity Loan or Home Equity Line of Credit
(HELOC) between January 20, 2015 and May 2, 2015 are eligible. Loan must be funded no earlier than January 20, 2015 and no later than May 2, 2015 to be eligible. Loans funded prior to
January 20, 2015 or after May 2, 2015 are ineligible and will be excluded from the promotion. The promotion is limited to new Home Equity Loans or HELOCs only. Home Equity Loans or HELOCs
currently financed with Houston Police FCU are ineligible for the promotion. Members and non-members who wish to participate in the promotion must submit a 3” x 5” index card with
“$5,000.00 Shopping Spree” Home Equity Loan Promotion, their name, address and phone number to: 1600 Memorial Dr., Houston, TX, 77007, Attn: Marketing Department or to any office
location. Only one entry per person. All entries must be received by May 2, 2015. At loan closing, member will receive a $100.00 gift card per qualifying Home Equity Loan or HELOC. Members
closing jointly with one or more persons will receive only one offer. Each qualifying Home Equity Loan of HELOC will receive one entry into the drawing for a chance to win a $5,000.00 Ashley
Furniture HomeStores shopping spree. $500.00 cash prize will be substituted for a winning member or non-member without a qualifying Home Equity Loan or HELOC. Winner must be at least
18 years of age See Official Promotion Rules for specifics and eligibility online at hpfcu.org. Check with a Houston Police FCU representative for full details. Promotion ends May 2, 2015.
Call for current loan and savings rates. Or, visit our website at hpfcu.org.