Spring 2015 Newsletter - Horizons Federal Credit Union

LOCATIONS & HOURS
LOAN RATES* (Effective April 1, 2015)
*Rates based on credit worthiness and subject to change without notice.
ASK US ABOUT MATCHING YOUR CURRENT
CREDIT UNION OR BANK’S LOAN RATES!
Loan Type
Approx. Term
Non-Variable
APR†
Comments
Signature/Personal
up to 60 mos
6.90%
$10,000 max total
(loans+VISA+LOC)
Home Advantage Loan
up to 84 mos
85 to 120 mos
6.90%
7.90%
$15000 max total; member pays
all fees; 100% available equity
New Auto
(108% financing)
Approx. 24 mos.
Approx. 66 mos
Approx. 72 mos
1.29%
1.89%
2.59%
Model year 2012 to new
Approx. 48 mos
Approx. 66 mos
1.89%
1.89%
Model yr 2008-2011
Model yr 2008-2011
Approx. 36 mos
up to 60 mos
4.95%
5.50%
Model yr 2006-2007
Model yr 2006-2007
up to 66 mos
67 to 72 mos
5.94%
6.94%
Passenger vehicles only
New and up to 2 years old
up to 60 mos
up to 84 mos
up to 120 mos
7.99%
8.99%
9.99%
Recreational vehicles
New and up to 2 years old
New RV
(108% financing)
up to 60 mos
61 to 84 mos
85 to 120 mos
3.49%
4.49%
5.49%
Campers, ATV’s, motorcycles
Cycles under $10,000- 48 months
Cycles over $10,000- 72 months
Used RV
(NADA plus tax)
up to 60 mos
61 to 84 mos
3.90%
4.90%
Campers, ATV’s, motorcycles
Cycles under $10,000- 48 months
Cycles over $10,000- 60 months
Line of Credit
Overdraft Protection
Open end
14.50%
$5,000 max if joint checking, both
sign LOC app.
Savings Secured
up to 120 mos
n/a
Current rate plus 4.00%
Certificate Secured
up to 120 mos
n/a
Current rate plus 4.00%
VISA Classic Credit Card
Revolving
12.90%
$10,000 maximum
Used Auto
(NADA plus tax)
Home Advantage/
Auto
Loan Type
Approx. Term
Variable Rate
Non-Variable Rate
Comments
VISA Platinum
Credit Card
Revolving
7.25% 17.25%
n/a
Variable rate based on credit
worthiness
First Mortgage**
Up to 30 yrs
n/a
yes
Call for rates
Home Equity LOC***
15 yrs
1.99%
Home Equity LOC
15 yrs
Prime
80% LTV
Prime
+.50%
90% LTV
Fixed rate for 1st 6 mos, variable
rate thereafter. App. fee of $199
refunded at closing
Home Equity LOC
(Interest only)
15 yrs
Prime +
0%
1.99%
Fixed Rate, ClosedEnd Home Equity
Up to 60 mos
61-120 mos
121-180 mos
n/a
n/a
n/a
3.50%
4.25%
4.75%
Some closing costs apply; up to
80% LTV.
Second/Vacation
Home**
30 yrs
n/a
yes
Call for rates
****
1.99%
Fixed rate for 1st 6 mos, variable
rate thereafter of Prime +0%. App.
fee of $199 refunded at closing.
Interest-only payments 1st 10 years,
repayment last 5 years.
** Home Owner loan products may offer tax advantages. Please consult a tax advisor.
*** Up to 80% of your home’s equity. **** Up to 90% of your home’s equity.
† APR = Annual Percentage Rate
SAVINGS ACCOUNT RATES • Offered as of January 1, 2015
Account
APY‡
Dividend Rate
Savings
.10%
.10%
Christmas & Vacation Clubs
.10%
.10%
Money Market Accounts
(Minimum Balance $2,500)
.30%
.30%
IRA Savings Account
(IRA Savings Certificates also available)
.25%
.25%
Savings account rates are variable and may change every dividend period, as determined by the credit
union board of directors. For current savings or savings certificate rates, minimum balances, term and
fees, call (607) 724-5876. ‡ = Annual Percentage Yield
Main Office:
120 Main Street
Binghamton, NY 13905
Mon.-Wed, & Fri. 9:00 am - 5:00 pm
Thurs. until 6:00 pm
Sat. 9:00 am - 12:00 pm
Drive-up:
8:30 am - 5:00 pm Mon.-Wed, & Fri.
Thurs. until 6:00 pm
Lobby ATM: 24 Hours
Visit Horizons Federal Credit Union
during the month of April 2015
and help us celebrate National
Credit Union Youth Month™
Achieving economic prosperity is difficult, and it’s
especially hard for young people who have not learned
how to manage money. Horizons Federal Credit Union
is ideally positioned to respond because we believe in
the power of education.
We’re here to help you launch the youth in your
life toward financial independence,
and here’s how:
Join. For starters, open a credit union savings account
for each child in your family. As soon as your children
can write, have them fill out deposit and withdrawal
slips. Guide teenagers through using a debit card and
tracking transactions.
Share. Include your children in household money
discussions. Show them how you budget income and
expenses. As their skills improve, give them challenges
- such as finding a better cell phone plan, calculating
the total monthly cost of owning a car, or sticking to a
budget for back-to-school or holiday spending.
Coach. Remind your children to ask for help when
they need it. And turn to your credit union when you
want help. Our tradition of service and philosophy
of self-help make Horizons Federal Credit Unions a
natural partner in pursuing financial security.
519 Hooper Rd.
Endwell, NY 13760
Mon. - Wed. 9:00 am - 4:00 pm
Thurs. - Fri. 9:00 am - 5:30 pm
Drive-up:
8:30 am - 5:00 pm Mon. - Wed.
8:30 am - 5:30 pm Thurs. - Fri.
Drive-up ATM: 24 Hours
ON THE HORIZON
Loan
Sale!
Stop in Monday May 11th through
Telephone Teller: (607) 771-6845
Board of Directors
Richard Felo
Chairman
Pete Chermak Vice Chairman
James HalaburkaTreasurer
Donald Prutisto Secretary
Kathleen O’Brien Director
Cornelius LordenDirector
Louis Panigrosso Director
Michael Kane Supervisory Committee
David Tanenhaus
ON THE HORIZON is published
quarterly for members of Horizons
Federal Credit Union.
Thursday • April 23, 2015 • 3 - 6 pm
3701 Vestal Pkwy East, Horizons Vestal Branch
Horizons FCU is holding a shredding event on Thursday April 23rd at our Vestal Branch.
Acceptable items can be dropped off in the parking lot beside our building. With Confidata’s
state-of-the-art mobile security shredding truck, all of your confidential documents
can be securely destroyed on site.
ACCEPTABLE ITEMS: Old Files, Typing Paper, Fax Paper, White/Colored Bond, Computer Print-Outs, Account Ledger Sheets,
Carbonless Form, Message Pad Paper, Colored Writing Paper, Manila File Folders, Unbound Reports, Copier Paper,
Letterhead, Post-It Notes, Memos, Brochures, Calculator Tape, Plain Envelopes, Pamphlets, Ruled Tablet Sheets,
Index Cards, Blueprints, Tab Cards
UNACCEPTABLE ITEMS: Food Waste, Metal, Plastic, Tyvec (FedEx, ADP) Envelopes, Food Containers,
Wood, Type/printer Ribbons, Padded Mailing Envelopes, Kleenex, Glass, Toner Cartridges,
Fluorescent Colored Paper, Paper Towels, Wire, Copier Paper Wrappers, Carbons from
Duplicate Forms, Napkins, String, Bubble-pack, Polystyrene
Packing Peanuts, Newspaper, Corrugated Cardboard
Spring HFCU Closings All locations will be closed the following days:
Saturday, April 4 - day before Easter
Editor: Marylouise Doyle, Marketing Coordinator
marylouised@horizonsfcu.com
Monday, May 25 - Memorial Day
PO Box 1881, Binghamton, NY 13902-1881
Phone: (607) 724-5876 Fax: (607) 724-0613
HFCU email: info@horizonsfcu.com
Web: www.HorizonsFCU.com
Saturday, July 4 - Independence Day
Read our newsletter online at
www.HorizonsFCU.com
6
Win!
$ 10
0.99%
24 Months
as low as
1.49%
APR*
48 Months
as low as
3.49%
APR*
APR*
36 Months
as low as
2.49%
APR*
Secured Loans
60 Months
New or Used Auto, RV
4.49%
0.99%
72 Months
as low as
12 Months as low as
APR*
APR*
up to
Two member numbers are printed in bold in
this newsletter. If either number is yours,
stop in to any Horizons location
• Binghamton • Endwell • Vestal
along with a form of Horizons member ID
and we’ll deposit $10 into your savings
or checking account!
ON THE HORIZON
Saturday May 16th to any
Horizons location!
Unsecured Loans
12 Months as low as
SHREDDING EVENT
CONTACT
We’re here to help. Horizons will show youth and
teens how to get wild about saving, contact us at 607724-5876. And remember, Horizons FCU membership is
open to all members of your family.
Spring 2015
34638
Vestal Branch: Campus Plaza
3701 Vestal Parkway East
Vestal, NY 13850
Mon. - Wed. 9:00 am - 4:00 pm
Thurs. - Fri. 9:00 am - 5:30 pm
Drive-up:
8:30 am - 5:00 pm Mon. - Wed.
8:30 am - 5:30 pm Thurs. - Fri.
Lobby ATM: 24 Hours
SPRING 2015 Vol. XI • No. 2
May Mayhem
Endwell Branch:
Federally Insured by NCUA
5
Outstanding Member Service Since 1937
Vestal and Endicott Branches will be open
Saturday May 16th, 9:00AM - Noon!
Spring 2015
1
as low as
1.79%
APR*
*APR = Annual Percentage Rate. VISA, line of credit, and mortgage products excluded.
New money loans ONLY. Must make application during the week of 5/11/15-5/16/15.
No pre-qualifications. Rates based on credit worthiness and relationship discounts
with Horizons FCU. Certain restrictions may apply. See a member service
specialist for details. Federally insured by NCUA.
ON THE HORIZON
Spring 2015
Are you looking for low monthly payments
on your next vehicle but want to avoid all
the drawbacks of leasing?
Horizons and Serafini are Teaming Up
to deliver a Special Auto Rate!
Ask us about Horizons DrivingSense™
Up to 66 Months
as low as
Hand to Heart Raffle
Horizons staff, members and
friends got creative and made
items to be raffled off in the
month of February!
All money raised supports the
American Heart Association.
Winners walked away with
great prizes. Thank you to
everyone who participated!
1.79%
APR*
No first or last payment, or money
•due
at signing
•Vehicle upgrade potential
•Vehicle ownership
•No capitalization fees
•No application or acquisition fees
•No early payoff penalty
Mileage options of 12,000, 15,000 or
•18,000
per year available.
Option to sell, trade, refinance or return
•vehicle
and “walk away” at program’s end.
Manage your debt with a Low Interest
36
Months
Consolidation Loan 24 Months
as low as
as low as
from Horizons! 2.49% 3.49%
APR*
Limited Time
Consolidation Loan Special Rate
48 Months
as low as
12 Months as low as
1.99%
Stop in to Horizons and ask us about all the benefits of the
Horizons DrivingSense™ program.
APR*
3
APR*
60 Months
as low as
4.49% 5.49%
APR*
APR*
*APR = Annual Percentage Rate. Rates based on credit worthiness and relationship
discounts with Horizons FCU. New money loans only. See a member service specialist for
details. Federally insured by NCUA.
ON THE HORIZON
Spring 2015
SAVE THE DATE!
Horizons FCU Annual Meeting
will be Wednesday
April 29th, 2015 at 6:00pm
JOIN US!
at the Relief Pitcher
197 Conklin Avenue,
Binghamton
in the Banquet Room.
ATTENTION
MEMBERS
31338
11044
Horizons@Home Security update coming May 12, 2015
In order to maintain a secure operating environment for
Horizons@Home our Data Processing will be upgrading the
Multi-Factor Authentication (MFA) configuration.
This update will affect all Horizons@Home users. After the security
update on May 12, 2015 all members having Horizons@Home will be
required to re-enroll in the MFA during their first log-in after the update. During the re-enrollment you will be REQUIRED to:
1. Clear all session cookies from your device. Not doing this could
cause older site cookies to be used and generate some misleading displays or errors.
2. Select a new image and passphrase. This can be the same
information that was previously entered if available.
3. Select 3 new questions from the drop downs provided. You may
see previously selected questions and they can be reused, with
the same security answer if the question is available.
How will this affect Mobiliti?
There will be no change to the Mobiliti app. However you MUST
complete the MFA enrollment via Horizons@Home PRIOR to logging
into Mobiliti or you will not be permitted to access the app. Once you
have completed the new MFA and re-authenticate with Mobiliti your
experience will be unchanged.
If you have any questions or concerns please contact the credit union
at 607-724-5876. Thank you.
4
ANNUAL MEETING
•••••••••••
Look for more fun fundrasiers
in the coming months!
*APR = Annual Percentage Rate. Rate is determined by credit worthiness. Your actual rate may vary. Advertised rate is a promotional rate that ends April 30, 2015. Maximum amount
financed also based on credit worthiness. New money loans only on model year 2006 to 2015. See a member service specialist for details. Federally insured by NCUA.
Spring 2015
on Saturday March 28th. Children
attending the festivities were
treated to Easter eggs filled with
candy and a free photo with the
Easter Bunny. Free toy and treat
filled Easter Baskets were also
raffled off to two lucky families.
Not a Horizons member? If you live, work, worship or go to school in Broome County
you can become a member. Join the area’s friendliest credit union
and buy your vehicle from Serafini today!
All new and pre-owned vehicles up to five years old qualify. All eligible
vehicles can be financed up to 72 months. Discover the advantages of
DrivingSense™ for yourself!
ON THE HORIZON
Bunny Day at Horizons was
HURRY! Starting April 9th visit Serafini Nissan Volvo
and take advantage of this great rate!
Horizons DrivingSense™ is the answer for you! Like a lease,
DrivingSense™ offers monthly payments which are considerably lower
than conventional financing with no money down! Yet unlike leasing,
with DrivingSense™ vehicle financing you own the vehicle!
2
Horizons in the community
ON THE HORIZON
Manley’s Mighty Marts have
been acquired by Mirabito.
Manley’s ATMs are no longer
available surcharge free.
Effective as of January 1st
there will be a $3 surcharge,
charged by Mirabito.
REMEMBER
We have ATMs at all Horizons
locations. See hours on page 6
for Horizons FCU Lobbies, ATMs
and Drive-ups. ALSO there are
almost 30,000
surcharge free
ATMs and 5,000+
surcharge free sharedservice-center branches.
Find them at:
https://co-opcreditunions.org/locator
•••••••••••
Spring 2015