Chairman’s Corner: U.S. Marshals Service | Before Giving To A Charity | CEO Report: Giving Back
JUSTICE YOUforServing Justice Across The Nation® • FOURTH QUARTER 2016
Shopping Has ItsRewards!
FOR A SPECIAL RATEAND REWARDS see page 4.
JOHN F. GREANEY
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MAILING ADDRESS5175 Parkstone Drive, Suite 200Chantilly, VA 20151
TELEPHONE703.480.5300 | 800.550.5328
PHONE BANKING703.480.5333 | 800.347.9965
FAX703.480.5400
E-MAIL/[email protected] | jfcu.org
ROUTING NUMBER2540-7441-3
VISA® DEBIT CARD LOST & STOLEN888.918.7749
VISA® CREDIT CARD 24/7 MEMBER SERVICE866.820.3036
VISA® PAY-BY-PHONE800.550.5328
BOARD OF DIRECTORS 2016-2017John F. Greaney, ChairmanGregory P. Polonica, Vice ChairmanRoger L. Trott, TreasurerJill L. Burkholder, SecretaryThomas J. Baker William H. GarvieJerome M. Pender D. Jerry RubinoThomas L. Wiseman
Director EmeritusPeggy R. Neely
SUPERVISORY COMMITTEEGregory P. Polonica, ChairmanEmily F. Kaplun, SecretaryRobin A. Stark-NutterRoberta Wong-Brink
Please address questions/concerns:The Supervisory CommitteeP.O. Box 231381Centreville, VA 20120-1381
SENIOR MANAGEMENTPeter J. Sainato, CPA, President and CEOCindy Kenny, Executive V.P. and COO Mark Robnett, Executive V.P. and CIOTony Maldonado, CFO
MARKETINGPat A. Duke, Editor/Art Director
CONTRIBUTORSThe ART Department Design Studio
U.S. Marshals Service H Together. Serving Justice. Justice Federal is pleased to announce its newest branch within the U.S. Marshals’ headquarters in Washington, DC., to open mid-November 2016. Supporting the justice community is a vital part of our mission and we are proud to further our relationship with U.S. Marshals and to show our support through the exclusive Member benefits we provide.
H About U.S. Marshals Founded in 1789, 227 years ago, the U.S. Marshals Service is the nation’s oldest federal law enforcement agency, the enforcement arm of the federal courts, involved in virtually every federal law enforcement initiative.
Presidentially appointed U.S. Marshals direct the activities of 94 districts—one for each federal judicial district. Approximately 3,752 deputy U.S. Marshals and Criminal Investigators form the backbone of the agency. Their duties include protecting the federal judiciary, apprehending federal fugitives, managing and selling seized assets acquired by criminals through illegal activities, housing and transport-ing federal prisoners and operating the Witness Security Program.
H Judicial Security The Threat Management Center provides a national 24/7 response capability to review and respond to threats against the judiciary. The Marshals also oversee the daily operation and management of security services performed by approximately 5,000 court security officers within the 94 U.S. District Courts and 12 circuits of the U.S. Court of Appeals.
H Fugitive Operations The U.S. Marshals Task Forces combine the efforts of federal, state and local law enforcement agencies to locate and arrest the most dangerous fugitives. The Service arrests 273 fugitives every day on average.
H Asset Forfeiture The Department of Justice Asset Forfeiture Program is a key component of the federal government’s law enforcement efforts to combat major criminal activity by disrupting and dismantling illegal enterprises, depriving criminals of the pro-ceeds of illegal activity, deterring crime and restoring property to vic-tims. The U.S. Marshals Service plays a critical role in identifying and evaluating assets that represent the proceeds of crime as well as efficiently managing and selling assets seized and forfeited by DOJ.
H Prisoner Operations The U.S. Marshals Service is respon-sible for the custody of federal prisoners from reprimand to pris-oner acquittal. The U.S. Marshals’ Justice Prisoner and Alien Transportation System, JPATS, is one of the largest transporters of prisoners in the world—handling 716 movements per day on average, transporting prisoners between judicial districts and correctional institutions throughout the U.S.
H Witness Security The federal Witness Security Program, operat-ed by the U.S. Marshals Service, provides for the security, safety and health of government witnesses and their authorized family members, whose lives are in danger as a result of their cooperation with the U.S. government. The Witness Security Program has successfully protected an estimated 18,600 participants from intimidation and retribution since the program began in 1971.
CHAIRMAN’S CORNERH
Justice.Integrity.Service.
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AUTO BUYINGH
Don’t Get Cold Feet Winter car buying is worth it
When the snow falls, buying a new car might be the last thing you are thinking about doing; but this is the num-ber one reason why you should hit the dealers and look for a new car at this time of the year. Buying a new car in the winter has a number of benefits–and with saving money at the top of the list, there is no reason to wait until spring to shop.
Winter Car Shopping Could Save You MoneyAs with most things, there is an off season for purchas-es and winter is commonly a time when fewer cars are purchased; especially certain types of cars. Sports cars, convertibles and other cars that are considered summertime vehicles will often sell for less during this season because fewer people are in the market to buy them. Even family cars can sell for better prices in the winter since fewer people are shopping.
Early in the winter season, dealers are often trying to clear last year’s models off the lot. New models tend to arrive during the late summer and early fall, and whatever is left of the previous year’s models will go for a discount-ed price as the weather turns to winter. Dealers will be motivated to strike a bargain to move an older model.
Winter Car Buying Perks Winter car buying has a lot of perks; more room to negotiate, less competition for the cars and fewer crowds at the dealerships. And the down side of car shopping in the winter–time spent in the cold looking at car after car–can be minimized with preparation done right at home from your computer.
By comparing prices and models, getting car insurance quotes online, and having a check in hand before you head out, you can spend less time in the cold, and more time focusing on the right car for you. In the end, you could wind up with a much better deal than at any other time of year, making winter car shopping a smart choice all around.
Visit jfcu.org to compare insurance rates from Trustage Auto Insurance on the cars you are considering. While online, get pre-approved before you shop, and nego-tiate with a check in hand to get your best deal as a cash buyer.
To learn more, or to apply for an auto loan, visit jfcu.org, your nearest branch, or call 800.550.5328.
*APR = Annual Percentage Rate. Rate as of November 1, 2016 and subject to change without notice. Annual percentage rate may be higher based on past and present credit performance. Actual APR will be determined when you apply and will be based on factors including credit history, amount financed and the term of your loan. **Down payment may be required based on creditworthiness. 100-110% financing not available to all applicants. ***Example of repayment terms: 96 monthly payments of $12.16 per $1,000 borrowed. 1Example of repayment terms: 36 monthly payments of $28.49 per $1,000 borrowed. Other rates and terms available. $2,500 minimum loan amount required to refinance an auto loan from another financial institution. 2Interest will continue to accrue. Deferred payment not applicable to existing Justice Federal auto loan refinances. $1,500 addition to loan amount required to refinance an existing Justice Federal auto loan. See Representative for details.
Federally Insured by NCUA
Apply Today! Visit jfcu.org, your nearest branch, or 800.550.5328
A U T O L O A N S
$0 Down Payment ** H $0 Payment for up to 90 Days 2
The Most Wonderful Time Of The Year!
3.89 %UP TO 36 MONTHS11.59 % APR*APR*
96 MONTH TERMS***
SHORT TERMS LONG TERMS
New, Used or Refinanced
as low as
Shopping Has ItsRewards!
The holidays are a good time to recognize all of the people who make your life a little easier throughout the year.
The season to give is also the season to tip—a complicated subject if there ever was one! So, what are the guidelines? Who do you have to tip and how much should you be giving? Here are some people to consider for your tip list this year—and the proper etiquette for each:
H For the people who help you look and feel your best (i.e. hairdressers, manicurists, personal trainers): Tip the cost of one full visit. So if your weekly mani/pedi costs $30, and you normally tip $6, give $30 on your next visit. For a special touch when gifting your tip, holiday currency envelopes are available from your nearest Justice Federal branch.
H For the people who make your life easier every day (i.e. housekeepers, babysitters, dog walkers): Give one week’s pay, and if appropriate, include a small gift.
H For some people, such as postal workers, who cannot accept tips in cash, gift cards or actual gifts are fine, but there may be a cap on the value; for postal workers it’s $20.
H While there may be a no tipping policy for teachers, gift cards are much appreciated. Just check with your school system to see if there is a suggested maximum.
If you can’t tip as much as you’d like, remember, homemade gifts such as holiday cookies are always welcome! Present your gift with a personalized “Thank You” card for the service that’s been provided over the year.
A Visa Gift Card from Justice Federal is always the right gift! VISA Gift Cards are available in denominations of $20.00—$500.00, at a low cost of $3.95 per card, and include a complimentary greeting card. To purchase a VISA Gift Card, visit your nearest branch, or call 800.550.5328.
SHOPPING SEASONH
‘Tis the Season to Tip
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Federally Insured by NCUA
Behold The MagicA VISA® Gift Card from Justice Federal
is always the right gift!
S H O P W I T H V I S A®
The APR* will revert to 11.90%—16.90% based on your card’s terms and conditions as of your May 2017 statement cycle.
%Through January 31, 2017ON ALL PURCHASES 3.99APR*
Now through January 31, 2017, your Justice VISA Rewards Credit or Debit Card earns: H DOUBLE REWARDS on all purchases** H TRIPLE REWARDS when you shop at COSTCO, BJ’S and SAM’S CLUB H TRIPLE REWARDS when you book travel thru CURewards.com
*APR=Annual Percentage Rate. Promotional APR will apply to purchases November 1, 2016 – January 31, 2017. Subject to available credit. Cash advances, balance transfers, fees and finance charges do not qualify for the promotional rate. All existing payment terms apply. Credit card balances prior to the promotional start date, November 1, 2016, will continue to accrue finance charges per existing terms. Purchases made after the promotional period are subject to existing terms. **Earn double rewards on signature debit card or rewards credit card purchases. Merchants may elect to process signature debit card transactions as PIN transactions without your PIN being provided, in doing so, these transactions would not qualify. Justice Federal is not responsible for the processing method chosen by merchants. Justice Federal reserves the right to withdraw this offer at any time.Federally Insured by NCUA
Apply Today! Visit jfcu.org, your nearest branch, or 800.550.5328
Justice Federal Credit Union has a history of giving back to the justice and law enforcement community. Since 1935, when the Credit Union was founded by 12 employees within the halls of the Department of Justice who pooled their mon-ies together to extend loans to fellow employees in need, we have continued to uphold the credit union philosophy, honored by our founders, which is “people helping people.”
The philosophy of “people helping people” extends beyond our services and into the lives of our Members. Our focus is not only to provide affordable products, but to build lasting relationships, and support you and your family in time of need.
We believe in giving back—that’s what makes our Credit Union family strong.
Here are a few of the many ways we give back through our exclusive benefits for Members:
H Special Assistance In the event of a Federal Government Shutdown, Furlough or Sequestration, special assistance is available in the form of unsecured, low interest rate loans and deferred payments.*
H Disaster Relief Assistance When need is greatest, Disaster Relief Assistance in the form of unsecured, low interest rate loans and deferred payments is available in the event an area is declared a major disaster by FEMA.*
H Skip a Payment Skip a Payment on a Consumer Loan or VISA Credit Card in good standing and use the extra cash for whatever you need.** Justice Federal will provide $7.50 to Concerns of Police Survivors, for every pay-ment skipped November – January.
H Rewards Earn rewards on signature pur-
chases with a Justice National, Beyond the Badge or Student Rewards Debit card; or VISA Platinum, Student, or Affinity Rewards Credit Card. See page 4 for details.
H Competitive Rates Enjoy low interest rate consumer loans and competitive rates on deposit products.
H Certificate Rate Increase Earn a 10 basis point rate increase on new and renewed Share Certificates with a Justice National or Beyond the Badge checking account.
H Mortgage Rate Discount Save on a First Mortgage conforming or non-jumbo mortgage loan. Receive a 25 basis point rate reduction with direct deposit of payroll or annuity into a Justice National Account or Beyond the Badge Checking Account.
H Cash Rebates Buy or Sell a home with HomeAdvantage™ and receive a cash rebate when you use a Home Advantage approved REALTOR®.
H Insurance Benefits Save with discount-ed Auto, Home, Health, Life Insurance and $1,000 Accidental Death & Dismemberment coverage at no cost from TruStage Insurance.
H Financial Counseling Access money man-agement and financial education services from Accel Members Financial Counseling.
H Access Around the Block and Across the Nation® 24 Justice Federal Credit Union branches across seven states, over 150,000 surcharge-free ATMs, over 5,500 CO-OP Shared Branches nationwide, and two Member Service Centers, along with free Mobile and Online Banking services 24 hours a day, 7 days a week to serve you.
To learn more, visit www.jfcu.org, your nearest branch, or call 800.550.5328, Monday–Friday, 8:30 AM–8:00 PM, EST.
We look forward to building a lasting relationship with you and your family for generations to come.
Best wishes for a wonderful holiday and a very Happy New Year!
Giving Back People Helping People
PETER J. SAINATO
800.550.5328 | JFCU
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CEO REPORTH
*Member must be in good standing, and not have caused a loss to the Credit Union. Subject to requirements. **Skip a payment is subject to a fee.
The philosophy
of “people
helping people”
extends beyond
our services and
into the lives of
our Members.
As the year comes to a close, you may be getting requests for charitable donations. If a cause tugs at your heartstrings, but the charity is unfamiliar to you, take a few minutes–and a few steps–before giving.
H Research the charity Is it a real group? Search online to learn more about its reputation. If you’re getting requests by phone, tell callers to send you information by mail. A legitimate charity will send you information in writing.
H Know where your money is going Find out what percentage of your donation goes to the charity, and whether your donation is tax-deductible.
H Pay it safe How does the charity want you to pay? Rule out anyone who asks you to send cash, wire money, or get a prepaid debit card. Chances are, that’s a scam.
If an organization doesn’t seem legit, or raises more questions than you’re comfortable with, just walk away. There are plenty of legitimate charities that can make use of a donation.
Signs of a Charity ScamThese days, charities and fundraisers (groups that solicit funds on behalf of organizations) use the phone, face-to-face contact, email, the internet (including social networking sites), and mobile devic-es to solicit and obtain donations. Naturally, scam-mers use these same methods to take advantage of your goodwill. Regardless of how they reach you, avoid any charity or fundraiser that:
• Refuses to provide detailed information about its iden-tity, mission, costs, and how the donation will be used.
• Won’t provide proof that a contribution is tax deductible.
• Uses a name that closely resembles that of a better-known, reputable organization.
• Thanks you for a pledge you don’t remember making.
• Uses high-pressure tactics like trying to get you to donate immediately, without giving you time to do your research.
• Asks for donations in cash or asks you to wire money.
• Offers to send a courier or overnight delivery service to collect the donation immediately.
• Guarantees sweepstakes winnings in exchange for a contribution. By law, you never have to give a donation to be eligible to win a sweepstakes.
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CHARITABLE GIVINGH
Before Giving to a Charity What you need to know
*APR = Annual Percentage Rate. Rates as of November 1, 2016 and subject to change.**Home Equity Line of Credit: APR may vary after the introductory period. Maximum APR is 18.00%. Minimum APR is 4.00%. The rate is based on the highest Prime Rate as published in the Money Rates Section of the Wall Street Journal and is subject to change quarterly. Closing costs range from $150-$3,000. The closing costs may vary based on the location, government recording charges and the amount of the equity loan. Justice Federal reserves the right to withdraw this offer at any time. ***Home Equity Loan: Example of repayment terms: 60 monthly payments of $18.62 per $1,000 borrowed at 4.44% APR. Loan approval is subject to underwriting criteria and credit approval. Other restrictions may apply. Interest may be tax deductible. Consult a Tax Advisor. Home Equity Loans and Lines of Credit are not available in all states.Federally Insured by NCUA
Apply Today! Visit jfcu.org, your nearest branch, or 800.550.5328
2.99 %6-MONTH INTRODUCTORY RATE
APR* APR* APR*4.00 %AFTER INTRODUCTORY RATE
4.44 %Home Equity Loan*** as low as
Home Equity Line of Credit**
Deck the WallsUse the equity in your home to fund your next project.
H O M E E Q U I T Y L O A N S
CHARITY CHECKLISTTake the following precautions to make sure your donation benefits the people and organizations you want to help.
✓ Ask for detailed information about the charity, including name, address, and telephone number.
✓ Search the exact name of the organization online—especially with the word “complaint(s)” or “scam”—it’s one way to learn about reputation.
✓ Call the charity. Find out if the organization is aware of the solicitation and has authorized the use of its name.
✓ Check if the charity is trustworthy by contacting the Better Business Bureau’s (BBB) Wise Giving Alliance, Charity Navigator, Charity Watch, or GuideStar.
✓ Ask if the caller is a paid fundraiser. If so, ask what percentage of your donation will go to the charity.
✓ Keep a record of your donations.
✓ Make an annual donation plan. That way, you can decide which causes to support and which reputa-ble charities should receive your donations.
✓ Visit the IRS website to find out which organizations are eligible to receive tax deductible contributions.
✓ Know the difference between “tax exempt” and “tax deductible.” Tax exempt means the organization doesn’t have to pay taxes. Tax deductible means you can deduct your contribution on your federal income tax return.
✓ Never send cash donations. For security and tax purposes, it’s best to pay by check—made payable to the charity—or by credit card.
✓ Never wire money to someone claiming to be a charity. Scammers often request donations to be wired because wiring money is like sending cash: once you send it, you can’t get it back.
✓ Do not provide your credit or check card number, bank account number or any personal information until you’ve thoroughly researched the charity.
✓ Be wary of charities that spring up too suddenly in response to current events and natural disasters.
✓ If a donation request comes from a group claiming to help your local community (for example, local police or firefighters), ask the local agency if they have heard of the group and are getting financial support.
Report Charity ScamsThe Federal Trade Commission (FTC) is the nation’s consumer protection agency. The FTC works to prevent fraudulent, deceptive and unfair business practices in the marketplace. If you think you’ve been
the victim of a charity scam or if a fundraiser has violated Do Not Call rules, you can file a complaint online by visiting www.ftccomplaintassistant.gov, or by calling 877.382.4357; TTY: 866.653.4261.
The FTC enters consumer com-plaints into the Consumer Sentinel Network, a secure online database and investigative tool used by hundreds of civil and criminal law enforcement agencies in the U.S.
and abroad. Your complaints can help detect patterns of wrong-doing and lead to investigations and prosecutions.
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M O R T G A G E
Federally Insured by NCUA
*Home loans subject to credit and property approval. Rates are subject to change. Rate is based on an evaluation of creditworthiness.**Justice National Account and Beyond the Badge 25 basis point rate discount applicable with direct deposit of payroll or annuity. Example for 25 basis point rate decrease: advertised rate is 3.750%, with the 25 basis point decrease the rate would be 3.500%. Available for primary residences only. Payments are based on a 30-year amortization. Payment example: $400,000 mortgage at a rate of 3.500% (3.603% APR) will result in a monthly payment of $1,796.18. Taxes and insurance not included, therefore the actual payment obligation will be greater. Loan Level Price Adjustment (LLPA) may apply to the interest rate based on 97% financing and credit scores. ***The HomeAdvantage program is made available to you through a relationship between Justice Federal Credit Union and CU Realty Services. Program rebates are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network of approved realtors. Rebate amounts are dependent on the com-missions paid to the agent. Rebate incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult with a Justice Federal Mortgage Loan Representative for details.
There’s No Place Like HomeFor The Holidays.
H30-Year Payment AmortizationHLoan Amounts Up To $417,000H 25 Basis Point Rate Discount With Direct Deposit**
H More Flexible Debt To Income QualificationHCash Rebate with a HomeAdvantage™
Approved Realtor***
Get Pre-Approved! Visit jfcu.org, your nearest branch, or 800.550.5328
3%MINIMUM
DOWN PAYMENT*
S P E C I A L P E R S O N A L L O A N
Access. Anywhere. Anytime. HVISIT JFCU.ORG 24 hours a day, 7 days a week.
All online activity is personal, confidential, and secure.
H Access your balance, pay bills, set-up recurring payments, enroll in eStatements, transfer funds, open a new deposit account, and more!
H
Access your accounts from your smartphone or tablet. Download our free Apps.
HPHONE BANKING. We put the power of a teller in the tip of your finger. Call 800.347.9965.
Location. Location. Location.HQUICK! Find an ATM, Justice Federal Branch, or
Shared Branch nationwide. Simply use our Locator Search at jfcu.org.
• 24 Justice Federal Branches and growing! • Over 5,500 CO-OP Shared Branches • Nearly 150,000 Surcharge Free ATMs
HNEED PERSONAL ASSISTANCE? Member Service Center 800.550.5328, Monday – Friday, 8:30 a.m. – 8:00 p.m. (EST).
©2016 Justice for You is published quarterly by Justice Federal Credit Union as a source of education and information for its members. Information current as of November 1, 2016 and subject to change. Please address any comments c/o Pat Duke, Editor, 5175 Parkstone Drive, Suite 200, Chantilly, VA 20151. Images may be from one or more of these sources: Jupiterimages Unlimited®, Getty Images®, iStock®, and Fotolia®. Federally Insured
by NCUA
To learn more, visit www.jfcu.org, your nearest branch, or call 800.550.5328
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5175 Parkstone Drive, Suite 200 Chantilly, VA 20151
IMPORTANT DATES Visit jfcu.org for holiday hours of operation. November 11, 2016 Veterans DayNovember 24, 2016 Thanksgiving DayDecember 26, 2016 Federal Holiday ObservedJanuary 2, 2017 Federal Holiday ObservedJanuary 16, 2017 Birthday of Martin Luther King, Jr.
Federally Insured by NCUA
Serving Justice Across the Nation®
Apply Today! Visit jfcu.org, your nearest branch, or 800.550.5328
8.49 %FOR UP TO 60 MONTHS7.49 % APR*APR*
FOR 72 AND 84 MONTHS
SPECIAL PERSONAL LOAN as low as
A Little More JingleTo Enjoy!
*APR=Annual Percentage Rate. Rate effective November 1 — December 31, 2016. Annual percentage rate may be higher based on past and present credit performance. $500 Minimum loan amount. Example of repayment terms: 60 monthly payments of $20.10 per $1,000 borrowed. 72 monthly payments of $17.84 per $1,000 borrowed. 84 monthly payments of $15.90 per $1,000 borrowed.
Coming Soon! A NEW Improved Online Consumer Loan Application Receive an instant automated decision when you apply online using any device—mobile phone, tablet, or desktop along with product offerings to meet your individual needs.
