CONNECT WITH NEFCU Federally insured by NCUA Eyeing a New Car for 2013? February 2013 With the Presidents’ weekend auto sales coming up, dealers will be advertising the first big bargains of the year. So if you’re in the market for a new or used vehicle, NEFCU is here with some tips to help make sure your purchase is a smart one. 1. Do your homework – Never walk into a showroom unprepared. Instead, start by visiting nefcu.com where you can research new and used models, check on dealer pricing, determine your trade-in value and more. By taking a little time up front, you can make sure you get the car you want while literally saving thousands of dollars. 2. Know your budget – Getting a handle on the financial end of your purchase is easy with NEFCU’s online calculators. With a few clicks, you can determine whether you should lease or buy and how much your monthly payments will be. 3. Compare loan rates before you shop – We’ve all seen the dealer ads for near-zero interest rates, but in reality few buyers qualify for these promotional rates. That’s why we suggest you start shopping for an auto loan right here at NEFCU. With loan terms between one and seven years, you can customize your monthly payments to match your budget. 4. Shop with Auto Check – NEFCU’s Auto Check makes the car buying process easy. With Auto Check, we provide you with a pre- approved loan check that you can use to buy a new or used vehicle. Just bring your Auto Check with you when you’re shopping and fill it out for the final sales price. It’s as easy as that. Plus, you’re guaranteed to get our best rate. If rates go down before you use your Auto Check, we’ll give you the lower rate. If rates go up before you buy, you will still get the lower rate. We’ll even deliver the Auto Check to your door to save you a trip to the Credit Union! If you’re thinking about a new or used car, February can be a great time to buy. Before you head out, talk to NEFCU first and we’ll do our best to make your next car purchase a great one. Call today 866-80-LOANS or apply online anytime at nefcu.com. Let NEFCU help you make a smart purchase. NEW or USED Same Low Rates 3 Your low monthly payment! 1 APR=Annual Percentage Rate. All rates are listed “as low as” and are determined by an evaluation of your credit. Your rate may vary from the rate shown. Rate subject to change. Rates quoted require AutoPay from a NEFCU deposit account; rate increases by .50% without AutoPay. 2 New: Up to 100% financing plus tax, title, registration and service contracts, less any rebates. Used: Up to 100% NADA retail value plus tax, title, registration, and service contracts less any rebates. Additional restrictions may apply, call for details. 3 84-month term for new cars only, minimum loan amount $25,000. MONTHS APR 1 DOLLAR 2 PAYMENT/$1000 PAYMENT 12 0.99% $15,000 $83.78 $1256.70 24 1.95 15,000 42.52 637.80 36 2.24 15,000 28.75 431.25 48 2.49 15,000 21.92 328.80 60 2.99 15,000 17.97 269.55 72 3.49 15,000 15.42 231.30 84 3 3.99 25,000 13.67 341.75 1293_MH3815 KEEPING UP TO DATE Nursing Scholarships Available NEFCU’s Nursing Scholarship program promotes education in the medical field while supporting individual student’s career goals. This year, NEFCU will award (three $3,000) scholarships to NEFCU members applying to or enrolled in an undergraduate or graduate nursing program. Applications are available at any NEFCU office or online at nefcu.com and must be postmarked no later than February 28, 2013. Holiday Closing The Credit Union will be closed on Monday, February 18, in observance of Presidents’ Day. You can access your accounts 24/7 with Mobile Banking, NEFCUOnline, ATMs or by calling Accountline. Annual Meeting Notice The NEFCU 2013 Annual Meeting will be held on Wednesday, March 27 at 5:30 pm at the Credit Union’s headquarters at 141 Harvest Lane in Williston. Our guest speaker, Eric Hanson of Hanson & Doremus Investment Management, will discuss “The US and Global Economy.” Big Change Roundup Through March 11, 2013, NEFCU will partner with Vermont Children’s Hospital at FAHC for the Big Change Roundup fundraising event. This event has community members collecting spare change and donations from family, friends and neighbors to benefit the patients and families served by the programs and services by Vermont Children’s Hospital at FAHC. Donate today by dropping your spare change into the canisters at any branch.
Transcript
CONNECT WITH NEFCU
Federally insured by NCUA
Eyeing a New Car for 2013? F e b r u a r y 2 0 1 3
With the Presidents’ weekend auto sales coming up, dealers will be advertising the first big bargains of the year. So if you’re in the market for a new or used vehicle, NEFCU is here with some tips to help make sure your purchase is a smart one.
1. Do your homework – Never walk into a showroom unprepared. Instead, start by visiting nefcu.com where you can research new and used models, check on dealer pricing, determine your trade-in value and more. By taking a little time up front, you can make sure you get the car you want while literally saving thousands of dollars.
2. Know your budget – Getting a handle on the
financial end of your purchase is easy with NEFCU’s online calculators. With a few clicks, you can determine whether you should lease or buy and how much your monthly payments will be.
3. Compare loan rates before you shop – We’ve all seen the dealer ads for near-zero interest rates, but in reality few buyers qualify for these promotional rates. That’s why we suggest you start shopping for an auto loan right here at NEFCU. With loan terms between one and seven years, you can customize your monthly payments to match your budget.
4. Shop with Auto Check – NEFCU’s Auto Check makes the car buying process easy. With Auto Check, we provide you with a pre-approved loan check that you can use to buy a new or used vehicle. Just bring your Auto
Check with you when you’re shopping and fill it out for the final sales price. It’s as easy as that. Plus, you’re guaranteed to get our best rate. If rates go down before you use your Auto Check, we’ll give you the lower rate. If rates go up before you buy, you will still get the lower rate. We’ll even deliver the Auto Check to your door to save you a trip to the Credit Union!
If you’re thinking about a new or used car, February can be a great time to buy. Before you head out, talk to NEFCU first and we’ll do our best to make your next car purchase a great one. Call today 866-80-LOANS or apply online anytime at nefcu.com.
Let NEFCU help you make a smart purchase.
NEW or USEDSame Low Rates3
Your low monthly payment!
1APR=Annual Percentage Rate. All rates are listed “as low as” and are determined by an evaluation of your credit. Your rate may vary from the rate shown. Rate subject to change. Rates quoted require AutoPay from a NEFCU deposit account; rate increases by .50% without AutoPay.
2New: Up to 100% financing plus tax, title, registration and service contracts, less any rebates. Used: Up to 100% NADA retail value plus tax, title, registration, and service contracts less any rebates. Additional restrictions may apply, call for details.
384-month term for new cars only, minimum loan amount $25,000.
Nursing Scholarships AvailableNEFCU’s Nursing Scholarship program promotes education in the medical field while supporting individual student’s career goals. This year, NEFCU will award (three $3,000) scholarships to NEFCU members applying to or enrolled in an undergraduate or graduate nursing program. Applications are available at any NEFCU office or online at nefcu.com and must be postmarked no later than February 28, 2013.
Holiday ClosingThe Credit Union will be closed on Monday, February 18, in observance of Presidents’ Day. You can access your accounts 24/7 with Mobile Banking, NEFCUOnline, ATMs or bycalling Accountline.
Annual Meeting NoticeThe NEFCU 2013 Annual Meeting will be held on Wednesday, March 27 at 5:30 pm at the Credit Union’s headquarters at 141 Harvest Lane in Williston. Our guest speaker, Eric Hanson of Hanson & Doremus Investment Management, will discuss “The US and Global Economy.”
Big Change Roundup Through March 11, 2013, NEFCU will partner with Vermont Children’s Hospital at FAHC for the Big Change Roundup fundraising event. This event has community members collecting spare change and donations from family, friends and neighbors to benefit the patients and families served by the programs and services by Vermont Children’s Hospital at FAHC. Donate today by dropping your spare change into the canisters at any branch.
Get Down to Business with the NEFCU ATIRAcredit™ Business MasterCardLooking to take your business to the next level? NEFCU’s ATIRAcredit Business MasterCard can help. With a host of powerful features, this credit card gives you the financial management tools you need to keep your company running smoothly. What sets the NEFCU ATIRAcredit Business MasterCard apart? For starters, it saves you money with competitive interest rates, no annual fee for the first year, and rewards earned with every purchase. Plus, you and your employees can use the card to get discounts at a range of business-friendly merchants.
Just as important, NEFCU’s ATIRAcredit Business MasterCard is flexible, so it adapts to the needs of your growing business. Additional cards are
free for employees and you can customize spending limits and account access depending on each employee’s position.
NEFCU’s business credit card also comes with powerful online tools that enable you to fully manage your expenses so you can run reports, create budgets and run your business more efficiently than ever.
Monthly Tip: Split Your Refund...Boost Your SavingsNow, saving is as easy as 1-2-3. That’s how many accounts you can designate your tax refund to be directly deposited to.
It’s simple. Use Internal Revenue Service (IRS) Form 8888 to designate into which accounts - and in what amounts - you want your refund disbursed.
Refund splitting. It’s a way to automate savings directly from your tax refund.
Published by Credit Union Copy & Art Express
Seminars at nefcu
SPRING INTO HOMEOWNERSHIPThursday, February 21
HOW TO NEGOTIATE A BETTER DEAL WHEN
BUYING A CARTuesday, February 26
VT DISTINGUISHED WRITERS’ SERIES - CHARLIE NARDOZZI
Thursday, February 28
MASTER YOUR CREDIT RATING
Thursday, March 14
VT DISTINGUISHED WRITERS’ SERIES - BRYAN PFEIFFER
Tuesday, March 26
These seminars will be held at NEFCU, 141 Harvest Lane, Williston. Seating is limited and reservations are required. All seminars are from 5:30-7 pm unless otherwise stated. Register at nefcu.com or call 800-400-8790.
News@NEFCU - Sign up today!
In a vibrant community like ours, there’s always something good going on. NEFCU’s News@NEFCU email is a handy way to keep track of important dates, community events and even the occasional savings opportunity. To sign up, go to nefcu.com and look for the News@NEFCU box near the bottom of the page.
Weddings can come with a hefty price tag these days. Between the rehearsal dinner, reception, the bride’s wedding dress, photography, and honeymoon, the bills can quickly pile up. For couples seeking a sensible way to finance the special day, NEFCU’s low-cost Lifestyle Loan can be a solution. With affordable interest rates, flexible repayment terms based on the amount borrowed, and quick turnaround times, the Lifestyle Loan is highly flexible so you can tailor it to fit your unique needs.
Of course, the Lifestyle Loan can be used for life’s other expenses as well. From summer camps to orthodontics to elective medical procedures, the Lifestyle Loan is designed to give you the financial flexibility you need to keep your life moving forward. Apply online or learn more at nefcu.com.
Financing a wedding with NEFCU’s Lifestyle Loan
Transitioning to Retirement
I N S U R E . I N V E S T. R E T I R E .
Available through CUSO Financial Services, L.P.
For most of us, planning for retirement is not on top of the “To Do” list. Fortunately, with a little preparation and careful planning, you may be able to avoid the pitfalls in working towards a secure retirement. For many workers, investing means having a portion of their paycheck systematically invested in an employer sponsored retirement account. Little thought is given to the retirement account after that. Saving for retirement is arguably the most important aspect in preparing for retirement. Having a carefully laid out plan may help smooth the transition from working to retiring. The sooner you devise a plan, the more time you have to explore and evaluate your options. Taking these steps might make the difference between a successful retirement and a disappointing one.
Seek Professional Advice - Preparing for retirement is not an easy process. With all of the information and products available today, developing a strategy that best suits your individual needs may be daunting. To avoid the headache of trying to tackle this task alone, seek the advice of a trained professional. Financial professionals are available at your credit union. They may be able to assist you identify investment goals, develop and implement a well-structured investment plan.
Test-Drive Your Budget - One of the most important steps in analyzing your retirement picture is being aware of your total household expenses. Unfortunately, many of us may not be aware of what our current lifestyle costs. In retirement, you may find it necessary to live on a smaller portion of your pre-retirement income. For example, if you plan on retiring on 85% of your current income, consider carving out 15% of your current income and investing it in your retirement account. This strategy may help you in preparation of living on a reduced income, potentially boost your overall retirement account balance, and possibly reduce your taxable income.
Sprint to the Finish Line - If you haven’t begun saving for retirement, don’t get discouraged. It’s never too late to start saving for retirement.
Who Can Assist Me? - As there often seems to be an insurmountable number of variables in navigating your retirement picture, the aid of an experienced financial professional can be an invaluable resource. Please visit your credit union branch today so that he or she may assist you in answering many of these difficult questions.
REPRESENTATIVES
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. New England Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
To learn more, call 802-879-8792 or 800-400-8790 to schedule a no cost, no obligation consultation.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. New England Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
1293_MH4N15
Understanding Social SecurityA look at the bigger picture
Wednesday, February 275:30 - 7 PM
Upcoming Seminar
Join us for this educational seminar, where you will learn key facts about the Social Security Retirement program including:
Reservations
Call 802-879-8790 or 800-400-8790 to reserve your seat today or reserve online at nefcu.com.
Seating is limited.
All Seminars are held at NEFCU, 141 Harvest Lane, Williston, VT.
• Howbenefitsarecalculated • Fullretirementageandchoosingthe right time to file • Receivingbenefitswhileworking • Provisionalincomeandtaximplications • Optionsforspousesandex-spouses
