Community This Credit Union is federally insured by the NCUA. Westerly ~ Richmond South Kingstown www.westerlyccu.com 401.596.7000 Going Somewhere? Take WCCU with you! Free Mobile & Online Banking, Bill Pay, eStatements, Bank to Bank Transfers, & more! Sign up online today! Challenge Yourself & Save $$ Continued on page 2 Challenge #1: A 40-day no-shopping spree Obviously don’t cut out the essentials such as groceries, but stop buying things like clothes, coffee, gum, snacks and knickknacks- anything that is a ‘want’ over a ‘need’. Challenge #2: Pay extra on your mortgage Want to pay down your mortgage faster? Do some calculations and figure out how much additional you can afford to pay each month. Keep that goal of retiring debt-free in the forefront. Challenge #3: Build your emergency fund It’s always a good idea to have money stashed away in case of unexpected events. Build up your emergency fund quickly by directing all extra money to it, including bonuses, overtime pay, rebate checks, etc.. From digging yourself out of credit card debt to finally paying off that home mortgage, many financial goals can seem overwhelming and even out of reach - but they don’t have to be. Here are 5 challenges to help you achieve success... One great low rate up to 60 months on new/used cars & even Refinancing!! Apply Online 24/7- It’s so easy & convenient! 1 Annual Percentage Rate (APR) as of 8/1/2012. Monthly payments per $1000 borrowed would depend on number of months chosen for car loan, for example: 60 months at $17.42. Use our loan calculators on our website to calculate yours. Rate shown is for members with an “A” credit score of 720 or above with an “active” WCCU checking account. (“Active” checking is 6 transactions or more per month and direct deposit.) If “active” checking account requirements are not met, discount will not apply. Refinancing for new loans only. Rates subject to change. Other rates and terms available. Federally insured by NCUA. Buying a car or have a car loan with a higher rate? This rate makes it an easy decision to secure your car loan with WCCU. For more information, call us today at 401.596.7000. A newsletter for WCCU Members News Community August 2012 issue
Transcript
Community
This Credit Union is federally insured
by the NCUA.
Westerly ~ RichmondSouth Kingstown
www.westerlyccu.com 401.596.7000
Going Somewhere?Take WCCU
with you!
Free Mobile & Online Banking,
Bill Pay,
eStatements,
Bank to Bank Transfers, & more!
Sign up online today!
Challenge Yourself &
Save $$
Continued on page 2
Challenge #1: A 40-day no-shopping spreeObviously don’t cut out the essentials such as groceries, but stop buying things like clothes, coffee, gum, snacks and knickknacks- anything that is a ‘want’ over a ‘need’.
Challenge #2: Pay extra on your mortgageWant to pay down your mortgage faster? Do some calculations and figure out how much additional you can afford to pay each month. Keep that goal of retiring debt-free in the forefront.
Challenge #3: Build your emergency fundIt’s always a good idea to have money stashed away in case of unexpected events. Build up your emergency fund quickly by directing all extra money to it, including bonuses, overtime pay, rebate checks, etc..
From digging yourself out of credit card debt to finally paying off that home mortgage, many financial goals can seem overwhelming and even out of reach - but they don’t have to be. Here are 5 challenges to help you achieve success...
One great low rate up to 60 months on new/used cars
& even Refinancing!!
Apply Online 24/7- It’s so easy
& convenient!
Wow-What a Rate!
1Annual Percentage Rate (APR) as of 8/1/2012. Monthly payments per $1000 borrowed would depend on number of months chosen for car loan, for example: 60 months at $17.42. Use our loan calculators on our website to calculate yours. Rate shown is for members with an “A” credit score of 720 or above with an “active” WCCU checking account. (“Active” checking is 6 transactions or more per month and direct deposit.) If “active” checking account requirements are not met, discount will not apply. Refinancing for new loans only. Rates subject to change. Other rates and terms available. Federally insured by NCUA.
Buying a car or have a car loan with a higher rate?
This rate makes it an easy decision to secure your car loan with WCCU.
For more information, call us today at 401.596.7000.
A newsletterfor WCCU Members
NewsCommunity
August 2012 issue
Retire Debt Free
3. 371%
No Points No Closing Costs Mortgage**
APR*
3. 250%Rate*
*Rates as of 8/1/2012 and subject to change. Rate of 3.250% adjusts after first 5 years, with a maximum adjustment of a 1/2%, rate will also adjust after 10 years with a maximum adjustment of 1/2%, lifetime cap equals 1%. After the first fixed term of 60 months, the Annual Percentage Rate (APR) may change every 5 years. Rate requires 720+ credit score and an “active” checking account. (“Active” checking is 6 transactions or more per month and direct deposit). Loan requires first lien position equity, with a loan-to-value (LTV) of 80% or less, and a maximum repayment period of 144 months or 12 years. Other rates and terms available. Applicable trust review fees apply. Prop-erty insurance (and flood insurance if applicable) required. Account subject to individual approval. 1-4 family owner-occupied primary residence properties only. No prepayment penalties, but Early Termination Fee will apply if loan is paid off within 24 months of loan closing, up to $500, but not to exceed 2% of the balance due at the time of payoff. No “cash out” unless approved by a loan officer. New loans only. Other restrictions may apply. Repayment example: $8.40 per $1,000 borrowed, based on 3.25% Rate, 144 monthly payments. **Offer is for WCCU closing costs only. Does not include attorney or other outside costs. This credit union is federally-insured by NCUA.
WCCU is your perfect Mortgage Partner!
Call us today or apply online 24/7!
Pay Off Your Mortgage in 12 Years!
Challenge #4: Tackle credit card debtTry totaling all of your credit card debt as of a specific date, then establish goals for how to lower the total on that same date each month in the future.
Challenge #5: Set up 2 checking accountsOne way to help ensure that you always have enough saved to cover essentials is by setting up two separate checking accounts. Create one for all your monthly bills and prorated annual bills like car insurance, and one for your discretionary spending. This way, you’ll know your bills will be paid and you can live within the limits of your second checking account balance.
WCCU can help you achieve financial success. Get started today by filling out a
Take the Challenge Worksheet on our website, www.westerlyccu.com or at our branches.
Westerly Relay for LifeTeam WCCU rallied at the Westerly Relay for Life in June. WCCU was not only a Corporate Sponsor, but a team of walkers, led by WCCU’s Wendy Gencarelli, Asst. Branch
Manager-Dunns Corners. WCCU raised over $3500 through fund-raising, Facebook, & dress-down days.
WCCU Credit Cards are Coming Back!At WCCU, we are committed to provide our members with
the highest quality products & services. Because of this, we will be launching our new & improved WCCU VISA®
Credit Card Program this coming September.
With our program, you will be able to choose between card options such as: Low-rate, Rewards, Secure, or Business
VISA - each with their own advantages & benefits. Take advantage of our lower rates by transferring balances from other credit cards. What’s great is that we will have
NO balance transfer fees and a low fixed intro rate for the 1st year!! Also, you’ll be able to make your payments right
here at WCCU if you’d like!
More information will be coming soon- Stay tuned!
WCC
U- G
reat
New
s!
New WCCU Website this Fall!!!At WCCU, we are so excited with the new look &capability
of our website, which is set to launch this coming Fall.
Our new site will not only be more visually appealing, but will make it easier to find the information you need with
fewer clicks. From the homepage, you’ll be able to directly log into Online Banking, as well as apply for a loan or open an account. We will have a more robust Financial Educa-tion section geared to helping our members access tools to better their financial situation. Also, you’ll be able to print
individual pages or zoom to larger type if needed.
Our Online Banking will also be enhanced with added benefits such as coupons and special offers. You’ll also have the ability to customize your own online banking
