OCTOBER • 2015

NOW AVAILABLE! MEMBERS MCU is now making investment and financial planning services available to its members through CUNA Brokerage Services, Inc. (CBSI). Financial Advisors for the MEMBERS Financial Services program, working out of special designated areas within select MCU branches and offices, will offer members investment, retirement and insurance services.* Financial Advisors are available to meet with you at no cost or obligation to discuss your financial needs. They will offer recom- mendations and help you coordinate your investment and insurance choices.

A Financial Advisor can help Looking for More Information?  you create a customized plan Each Financial Advisor has over 20 years experience. Contact a to achieve a lifetime of Financial Advisor from CUNA Brokerage Services Inc. (CBSI).* financial goals: Chris Castro Financial Advisor • Investment Planning 22 Cortlandt Street, New York, NY 10007 Phone: 212-238-9821 • Retirement Planning Email: [email protected]

• IRA Rollovers Tom Kilkenny Financial Advisor • College Planning 22 Cortlandt Street, New York, NY 10007 Phone: 212-238-9820 • Insurance Planning Email: [email protected]

*Financial Advisors are registered, securities are sold, and investment advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Non-deposit investment and insurance products are not federally insured, involve investment risk, may lose value and are not obligations of, or guaranteed by, the financial institution. CBSI is under contract with the , through the financial services program, to make securities available to members. Financial Advisors are employees of CBSI and not MCU. FR-1282444.1-0815-0917 Protecting Yourself from Identity Theft Tips and Tools to Help You Keep Your Identity Safe and Secure. How safe is your personal information? You may not think about it much but identity theft is the fastest growing crime in America, affecting nearly 10 million people each year – that’s 19 people every minute! From ATM skimmers to dumpster divers, identity thieves go to great lengths to steal your personal information, which can lead victims to experience a damaged credit score, theft of hard earned funds, unexpected bills, and even a possible criminal record. The safety and security of our members’ information is a top priority. MCU monitors for any type of suspicious activity to prevent confidential information from getting into the wrong hands. There are easy ways to protect yourself from these types of crimes. • Monitor Your Activity: www.annualcreditreport.com • Don’t Take the Bait: Always keep tabs on all of your and look for inaccuracies Many identity thieves will imitate or omissions). accounts by reviewing your state- a trustworthy source and try to ments monthly, and constantly • Go Green: bait you into giving personal monitoring your activity. Report any Pay online and request eStatements information. This can be done suspicious activity as early as whenever possible. Taking these en- over the phone, by email, text, possible. You can monitor your vironmentally friendly steps won’t on social media sites, online job activity in two very important ways. just reduce the amount of paper you applications, or by getting you First, activating account alerts can use, but will also help you avoid the to click on unfamiliar links from help to notify you when any kind risk of an identity thief obtaining sources you trust. These are of activity has been made on your your information by going through “phishing” scams that trick people account. This will help you to your mail. Also, shred all paper into sharing personal information; report any suspicious activity documents that contain sensitive avoid giving out personal as soon as it happens. It is also information, including your SSN, information as much as possible. important to check your credit date of birth, or other information score annually (you can check it that can be used to compromise for free once per year at the safety of your identity. For more MCU tips and tools on how to protect yourself from identity theft, visit nymcu.org/idtheft.

Make Deposits in an Instant With MCU’s NEW Instant Deposit ATMs

• Envelope Free Deposits • View and Print Check Image on Receipt • Instant Access to Cash Deposits •  Make and VISA® Payments Join MCU for International Credit Union Day! to promote its achievements. This borrowing. We started in 1916 with year, ICUD has a special meaning for only 19 charter account holders Municipal Credit Union as we begin to and combined deposits of just $570. reflect on our long history of proudly Today we proudly serve more than MCU would like to invite our mem- serving the hardworking people of 375,000 members and as our bers to join us in celebrating the 67th New York City since 1916. And in recog- membership continues to grow and Annual International Credit Union Day nition of ICUD and our 99th birthday change, we’ll continue to work toward on October 15, 2015. This year, we will this October, Municipal Credit Union meeting their financial needs. celebrate the credit union mission of will begin the countdown to our 100th Birthday! Visit your local MCU branch “People Helping People” and begin on October 15, 2015 to cel- the countdown to MCU’s 100 years We’ve come a long way from when ebrate International Credit of service to New York City. we were chartered by New York City Union Day and begin our ® Mayor John Purroy Mitchel in order to International Credit Union Day (ICUD) countdown to 100 years of is a day recognized to reflect upon the help city employees save at reasonable credit union movement’s history and rates and have access to low cost service to New York City!

MUNICIPAL CREDIT UNION OPENS REGO CENTER BRANCH First MCU Branch to Feature Key High-Tech Banking Tools

MCU’s newest Rego Center Branch is now open and ready to assist our mem- bers, including the 13,000 living in Rego Park and the surrounding areas! Members can now manage their accounts or complete their banking transactions faster and more easily using our new technologi- Cutting the ceremonial ribbon on the new MCU Rego Center branch are: (from left to right): MCU Supervisory Committee Member Cheryl Wright; MCU Board Director S. Nana Osei-Bonsu; Angela Den Dekker, representative for Congressman cally savvy retail banking Joseph Crowley; MCU Board Director C. Richard Wagner; Congresswoman Grace Meng; MCU President/CEO Kam Wong; MCU Board Chair Sylvia Ash; MCU Board Directors Shirley Jenkins; Thomas Diana; Tessa Hackett-Vieira; Mario tools including: Matos, Jr.; Loretta Jones; State Senator Joseph Addabbo, Jr., and MCU Board Director Beryl Major.

Interactive touch-screen “Our members deserve the best the advanced banking opportunities displays in-branch banking experience pos- available to them in this branch.” sible, and this branch is our first one Minutes away from MCU’s previous Self-service iPad Stations to deliver this experience in the most Queens Branch, the new Rego Center technologically possible way,” said Branch is located at the Rego Park Video Conferencing Center MCU President/CEO Kam Wong Center at 61-35 Junction Blvd., Rego during the branch’s ribbon cutting Instant Deposit ATMS Park, NY 11374. Check out the MCU ceremony on August 20, 2015. “We Branch and ATM Locator Tool at know our members will appreciate nymcu.org for more information! Celebrities Gather at MCU Park for Second Annual MCU Softball Challenge Brooklyn Cyclones fans were treated Mets Hall of Fame Pitcher/MCU to a star-studded game at MCU Ambassador John Franco. After Park in Coney Island on Wednesday, four innings of exciting action, August 19 as celebrities from all including home runs from Greg walks of life came together for the Kelly and Craig Carton, Team second annual MCU Celebrity- Franco defeated Team Scotto Civil Service Softball Challenge. with a final score of 9-6. Members of the FDNY, NYPD and MCU would like to thank DSNY, along with celebrities includ- everyone who participated Team captains MCU Ambassador and Mets Hall of Fame ing World Wrestling Entertainment Pitcher John Franco (second from left) and WNYW’s Good (WWE) Superstars Ryback and in our Celebrity-Civil Day New York’s Rosanna Scotto stand with Hot 97’s Pete Fandango and Divas Charlotte and Service Softball Challenge. Rosenberg (left), United States Congressman Peter King Eva Marie, were led by team cap- from Long Island (third from right), WNYW’s Good Day We look forward to seeing New York Host Greg Kelly (second from right) and NYPD tains Fox 5’s Good Day New York Officer Ruben Pagan before the Celebrity-Civil Service news anchor Rosanna Scotto and everyone next year! Softball Challenge on Wednesday, August 19, 2015.

Board of Directors PHONE NUMBERS: Hon. Sylvia G. Ash, Chair PERSONAL LOAN RATES MCU’s Automated Service – James Durrah, 1st Vice Chair C. Richard Wagner, 2nd Vice Chair Auto-Pay Monthly Payment Per Touch Tone Teller: Loretta Y. Jones, 3rd Vice Chair Loan Type Amount Financed Term APR* $1,000 Borrowed Within the Five Boroughs/ S. Nana Osei-Bonsu, Treasurer Long Island Shirley Jenkins, Secretary Mario Matos Jr., Asst. Treasurer Unsecured Loan $1,000–$15,000 Up to 60 Months 5.95% $19.31 (212) 693-4900 Caroll A. Duncanson, Asst. Secretary Mark S. Brantley, Esq., Director Unsecured Loan $15,001–$50,000 Up to 60 Months 6.95% $19.78 Outside the Five Boroughs/ Tessa I. Hackett-Vieira, Director Unsecured Loan $15,001–$50,000 Up to 72 Months 7.55% $17.31 Long Island Beryl Major, Director (800) 323-6713 Joy S. Schwartz, Director Thomas E. Diana, Director Emeritus Application Express: Supervisory Committee AUTO LOAN RATES (800) LOAN-MCU Giovanni Porcelli, Chairman Karen Lucas, Secretary Maximum Auto-Pay Monthly Payment Per Loan By Fax: Almeta Coaxum, Member Loan Type Amount Financed Term APR* $1,000 Borrowed (212) 238-2699 Joseph Guagliardo, Member Cheryl Wright, Member MCU Auto : Executive Management New Cars (Best loan rates available when using the MCU Car Buying Service) 888-4MCU-AUTO Kam Wong, President/CEO 2015–2014 125% Up to 60 Months 1.45% $17.29 VISA Information: Thomas Siciliano, General Counsel 2015–2014 125% 61–66 Months 2.25% $16.13 Richard Casamassa, Executive VP/Chief (800) 481-7338 Member Service Operations Officer 2015–2014 125% 67–72 Months 2.25% $14.87 Norman Kohn, Executive VP/Chief Mortgage and Home Equity Credit Officer Linda Lambert, SVP/Chief Financial Pre-Owned Cars (Best loan rates available when using the MCU Car Buying Service) Information: (212) 238-3521 Officer 2013 125% Up to 60 Months 1.75% $17.42 Carole A. Porter, SVP/Chief Retail Deposit Account Information: Banking Operations Officer 2013 125% 61–66 Months 2.55% $16.26 (212)-693-4900 Kim Thompson, SVP/Chief Human 2013 125% 67–72 Months 2.55% $15.00 Resources and Labor Relations Officer New Member Line: Senior Management Rates may be higher based on applicant’s credit worthiness. Rates and terms are subject to change without notice. Certain restrictions may apply. (866) JOIN-MCU Anie Akpe, VP/Real Property MCU only finances vehicles purchased from a car dealer: We do not offer financing for private sales, individual sales or lease buyouts. William Birnbach, VP/Member VISIT OUR WEBSITE: Service Operations * Auto-Pay: When direct deposit or automatic payroll deduction is utilized as the method of loan repayment. Annual percentage rates for auto loans Ahmed Campbell, VP/Loan Operations will increase by 1/2 % after consummation if automatic payroll deduction or direct deposit is cancelled. Annual percentage rates on unsecured www.nymcu.org Corey Fernandes, VP/Business loans will increase by 2% after consummation if automatic payroll deduction or direct deposit is cancelled. Late payment fee: $25.00. Development and Member Relations APR = Annual Percentage Rate. Urmilla Jorawar, Chief Internal Auditor Municipal Credit Union is an equal housing lender. Steven Kibitel, VP/Marketing NCUA Your savings Amy Kong, VP/Risk Management federally insured to at John Parrinello, VP/Collections/ NOTICE FROM THE SUPERVISORY COMMITTEE least $250,000 and backed by the full faith Loss Prevention The Supervisory Committee has established a Municipal Credit Union and credit of the United States Government. Agnes Payadue, VP/Retail Banking National Credit Union Administration, a U.S. Operations/Contact Center procedure; whereby, members can confidentially submit Supervisory Committee/Internal Audit Department Government Agency. Janet Perkins, VP/Process Engineering/ concerns regarding questionable accounting or auditing Post Office Box 3418, New York, NY 10277-1863 Innovation matters, as well as concerns impacting on internal Attn: Giovanni Porcelli, Chairman For complete information concerning our Joseph Rini, VP/ Accounting and Finance savings programs, contact the credit union controls. Correspondence should be sent to: 212-238-3573 [email protected] Robert Soloway, VP/Technology Phone: Email: for a “Truth-in-Savings” disclosure.

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