THIRD QUARTER 2021 OPEN NEW DOORS WITH A HOME EQUITY

RATES APR* & A CHANCE TO as low as WIN A TRAEGER GRILL FOR2.50% UP TO 10 YEARS *APR=Annual Percentage Rate and is accurate as of May 1, 2021. Financing not to exceed 80% Loan to Value less any existing liens or . A $50,000.00 home equity loan with a 10-year (120 months) term at 2.502% APR= a $471.35 payment. This does not include taxes, insurance and similar items, if applicable. Minimum loan amount is $25,000.00. Rates are determined by credit rating and term. Credit criteria, additional terms, and restrictions may apply. Applications must be received by July 31, 2021. Must become a member of Gulf . Offer is subject to change without notice. For more information, contact a Gulf Credit Union mortgage representative at 409.963.1191 or 800.448.5328. Offer expires July 31, 2021. Members applying for a Home Equity Loan will automatically be entered in a drawing for a Traeger Pro 780 Grill. No purchase necessary to enter drawing. Drawing will be held Thursday, August 5th, 2021. Participants may enter drawing by completing a form at one of our four branch locations or by mailing a 3x5 card to Gulf Credit Union; Traeger Giveaway; ATTN: Marketing Department; P.O. Box 848 Groves, TX 77619-0848. Please see official rules at www.gecu.org.

SPECIAL THANKS...... 2 REMOTE CONTROL CARDS...... 5 RECREATIONAL LOANS...... 2 LIFESHARE BLOOD DRIVE...... 5 BREEZY AUTO LOAN...... 3 GULF INVESTMENT GROUP...... 5 HURRICANE PREPARATION...... 3 COMMERCIAL LENDING SPOTLIGHT...... 6 MEET THE MORTGAGE TEAM...... 4 MOBILE DEPOSIT...... 6 CELEBRATION OF 26 YEARS OF SERVICE...... 4 SCHOLARSHIP WINNERS...... 7 1

WWW.GECU.ORG “In a world where you can be anything. Be Kind.” We would like to highlight part of our team in this newsletter edition. When the pandemic quickly changed the world, we as a financial institution, had to change the way we provided services. We began to offer extended services in the drive-through to help meet our members needs. Our front-line staff worked hard to assist our members. We would like to thank and recognize them for Bridge City their hard work and dedication. Not only did they adapt to changes and learn Karen Kennedy, Lisa Stephson, Teri Ashworth new methods to deliver our services in an extremely busy and ever-changing environment; they did this at a time when tensions were high and people were scared. Thank you all so much for being an important part of the Gulf Credit Union team. We appreciate you! CHOOSE THE RIGHT LANE For our members, we have listed some FOR YOUR NEEDS tips on how to expedite your drive through experience. Regular Lane (not marked) Beaumont • Have identification ready (L - R) Traci Jannise, Mona McCain, • Straight Deposit • Cash a Check • Use and properly complete all Jaime DeLord, Brianna Holden • Withdrawal • Loan Payment deposit/withdrawal slips • List cash and check totals Extended Services Lane (Blue Sign) • Endorse checks Remember, if you are in this lane, • Sign for any cash back please be patient as these services • List account number take longer than others. • Write legibly • Make sure you can be seen in the vehicle for proper identification purposes. Mid County (L - R) Alana Cato, Hope Barras, Amber Sharp, Nena Flood, Kristie Delasbour

• Debit Card • Cashier Check • Payment • Stop Payment • Fraud Claim • Open a New Account Groves • Change Owners on Your Account Groves (L - R) Deborah Bell, Vanessa Hernandez (L - R) Jackie Zaragoza, Macee Hooks • Account Research Lacy Martin, Shanna Courville Jessica Harper, Allison Duhon • Sign Loan Documents Not Pictured: Dasia Jacobs and Pearl Brown

Recreational Loans as low as APR* FOR UP TO 60 MONTHS *APR3.50% = Annual Percentage Rate. Rate is current as of April 1, 2021, and is subject to change based on terms, conditions and borrower eligibility. A $20,000.00 loan with a 60 month term at 3.50% APR = a $364.00 monthly payment. Your monthly payment includes principal and interest and may be higher or lower depending on your loan amount and term. Minimum loan amount is $5,000.00. Gulf Credit Union finances up to 110% of MSRP (new) or NADA Retail value (used). Not available to refinance an existing GCU recreational vehicle. Gulf Credit Union membership is required. Offer expires July 31, 2021. For more information, contact a Gulf Credit Union representative at 409.963.1191 or 800.448.5328. 2

WWW.GECU.ORG HURRICANE PREPARATION In the event of a mandatory evacuation all GCU locations will close immediately.

Evacuation Planning: When a hurricane threatens, evacuating is the smartest move. It helps to be prepared. When local officials call for an evacuation, get going without delay. • Make a checklist of what you need to do before you leave town and review it. • Monitor NOAA weather radio and local TV and radio broadcasts during storm season. • Learn your evacuation routes. Make sure you have a FULL TANK OF GAS before you leave. Expect traffic delays. • Prepare an emergency supply kit including: radio, flashlight, extra batteries, extra eye glasses, bottled water, non-perishable food, dry clothes, bedding, insurance information, important documents, medications, copies of prescriptions and special products for babies, the elderly and medically fragile family members. • Include your pets in your emergency plans. Create a list of available pet friendly lodging along your evacuation route. Build a separate emergency kit for your pets including food, water, treats, their favorite toy, vet records and tags. Local Emergency Management encourages you to sign up at www.thestan.com or dial 1.877.843.7826 to receive alerts. Refer to Ready.gov for Emergency Preparedness Information. Remember to have cash on hand along with your ATM/Debit/Credit card(s). You can also access shared branching. Our Home Banking (www.gecu.org) and Mobile App are also available for your convenience. 3

WWW.GECU.ORG Meet the Mortgage Team Dawanda Minor Becky Sheppard Christy Taunton Mortgage Loan Mortgage Loan Mortgage Loan Manager Originator Processor (NMLS# 671532) (NMLS# 898540) (NMLS# 2070551) 409.984.7481 409.984.7430 409.984.7453

Dawanda is Becky is our Christy is our our Mortgage Mortgage Loan Loan Closer and Loan Manager. Originator. You will Mortgage Loan Dawanda leads the mortgage team visit with Becky frequently during the Processor. You will visit with Christy in achieving the highest levels of beginning of your loan process. She frequently as your loan is processed performance. She manages and will request information necessary to and transitions to closing. directs the daily activities of the submit your loan to underwriting for She will request information Mortgage Department and oversees approval. Becky will share her wealth necessary to submit your loan to all mortgage lending functions, of knowledge and help you find underwriting, set your closing date which includes, sales, funding, the best loan product to meet your and furnish closing information to processing, closing, servicing needs. Her goal is to ensure you have the title company, your insurance and regulatory compliance. She’s a smooth and successful mortgage company and you. Her goal is to responsible for ensuring the loan experience. ensure a smooth, successful closing department is providing friendly, for each of our members. professional, timely and personal service to all members. Give these ladies a call for all of your Mortgage needs.

We've got a new look! Celebrating Member Debit Cards & Business Debit Cards Available for Instant Issue at our Mid County and Groves Locations

Karen Hebert 26 beganYears her career of Servicewith Gulf Credit Union volunteering her time processing envelopes containing flyers and eventually accepted a position in the Loan Department in 1995. She also worked in Credit Cards and Collections.

Since 2004, Karen has served our members in the Mortgage Department as a Mortgage Loan Processor and retired after 26 years of service with Gulf Credit Union. Karen commented, "This is a happy occasion and also a sad one. I will miss the members and the service I have strived to provide them. Here’s to the next chapter. I am looking forward to many new adventures with my family and grandchildren. I loved working at Gulf Credit Union, being a part of such a great institution, and I look forward to it’s continued success. I may be stepping out for the last time as an employee, but I will always be here as a loyal member to Gulf Credit Union." Congratulations, Karen! 4 We love you & We miss you!

WWW.GECU.ORG Gift cards are the only gift Be in Control with Remote Control Cards that’s guaranteed to please. They’re welcome anywhere Visa debit cards are accepted within the Go to the Gulf Credit Union App on U.S. You choose the amount, and we load the cards in seconds. The your phone or log into Home Banking recipient can choose where to go and what to buy. It's that simple! and simply go to the menu and select To purchase Gift Cards: Visit our nearest branch and talk to one of Remote Control Cards to turn our representatives. It's easy! You can buy multiple ready-to-use your debit card off when you are not Gift Cards in minutes. The next time you need to buy a gift, come to using it and turn it back on when you us for the flexibility and convenience of Gift Cards.* are ready to use it. *The expiration date is printed on the Card and is 7 years from the date of Card manufacture. The following fees and charges are imposed on your use of the Card and will be charged to the Card. Inactivity fee: $5.00 per month following 12 months of You turn your lights off to save money. inactivity on card. You lock your car to keep it safe. You lock your home when you leave & when you go to sleep. Now you have an additional tool to safeguard your Gulf Credit Union Debit Card from potential fraud and online thieves.

Set up auto payments from an account instead of a debit card, so if the card is compromised you will not need to change the information on the auto payment.

Gulf Credit Union LifeShare Blood Drive 2779 Aero Drive | Port Arthur We are teaming up with LifeShare Blood Look for the LifeShare Bus! Center and we will be hosting a blood drive Thursday, July 8th at our Mid County Location 12:00 pm - 3:30 pm July 8, 2021 from 12:00 to 3:30 p.m. With your donation, you will be Contact Carrie Morgan entered into a drawing for a chance [email protected] to win a $100 Visa Gift Card! 409.984.7488

Personal Service Call Today for a no-cost, Trusted Advice no-obligation appointment. Gulf Investment Group + 401(k)/Pension Rollovers (located at) Gulf Credit Union + Retirement Planning 5140 West Parkway, Groves, TX 77619 OFFICE 409.984.7452 + Education Funding 800.448.5328 EXT. 7452 [email protected] + Mutual Funds Representatives are registered, securities sold, advisory services offered through CUNA + Life Insurance Brokerage Services, Inc (CBS), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union CBSI is under contract with + Long-Term Care Insurance the financial institution to make securities available to members. Not NCUA/NCUSIF FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit + Wealth Management of any financial institution. FR-2430914.2-1220-0123 © CUNA Mutual Group 5

WWW.GECU.ORG WWW.GECU.ORG COMMERCIAL LENDING SPOTLIGHT: Investment Property Loans Gulf Credit Union is here to help you with the purchase of residential investment property, cash out equity loans, or refinancing existing loans. We offer great rates and quick turnaround times, with friendly staff to guide you through the process! THINGS TO KNOW: Down Payment Interest Rate As an industry standard, We offer competitive interest when purchasing rental rates, with flexible terms to property, a 20% down suit your investment property payment will be required. needs. Rates vary due to Credit Score many factors; contact us to find your qualifying rate. Commercial loans require (L - R) Alex Johnson, Tracy Chesser, Todd Gaudin, CEO Jefferson County Judge a higher credit score than Cash Reserves Jeff Branick typical consumer loans. When purchasing investment Be prepared by monitoring property, you may be your credit score in advance, required to have cash and making sure that all reserves on hand in case your monthly payments of repair needs, vacancies, are made timely. or unexpected expenses. Loretta Pringle (Allegiance Bank) To apply for an investment property loan, contact one of our Mike Doguet Andy Hemmings (Capital Title) (Diamond D Development) friendly staff members below, or download an application Briant Lewis (TriTex Builders) (Doguet Turf Farm) from our website at www.gecu.org! Gulf Credit Union sponsored the monthly general membership Tracy Chesser Rhonda Lauritzen Alex Johnson meeting for the Home Builders Association of Southeast Texas in May. Commercial Commercial Commercial Jefferson County Judge Jeff Branick gave a great presentation on the Lending Manager Loan Processor Loan Processor latest happenings in the local economy and coastal erosion protection (NMLS#1490690) 409.984.7457 409.984.7426 programs. All enjoyed great food provided by Larry’s French Market, 409.984.7477 and door prize winners received a $50 Visa gift card. THE CONVENIENCE OF MOBILE DEPOSIT IS AT YOUR FINGERTIPS With mobile deposit, you'll have the ability to deposit checks from camera-equipped smartphones and tablets*, saving time and providing quicker access to funds.

Mobile Deposit is: FAST: Submit deposits and receive confirmation in seconds. CONVENIENT: Deposit checks anywhere, anytime. SECURE: Log-in security and data encryption ensures your information is always safe. ACCURATE: When capturing images, our application automatically extracts payment data. HOW TO GET STARTED 1. Log onto home banking using our Gulf Credit Union mobile app. EASY: Just download the app and get started with our 2. iPhone: Select camera icon simple-to-follow instructions. Android: Select remote deposit from the menu 3. Endorse your checks (signature, account number and the words *Must be 18 years of age. Must have valid email address listed on "for mobile deposit only" at Gulf Credit Union*) and follow the account. The account must be open a minimum of 90 days. The steps to make your mobile deposit. Within seconds, you'll see account must be in good standing - no excessive returns. Other confirmation that the deposit was received -it's that easy! qualifications may apply, see credit union for details.

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WWW.GECU.ORG Lauren Ayres Bailey Boullion Legacy Christian Academy Hardin Jefferson High School

Aria Breshon Gray Brian Hoffpauir Justyce P. Redeau Samantha Tentrup Judah Homeschool Academy Nederland High School Beaumont United High School Port Neches Groves High School

Hannah Francis Brayden Frye Morgan Irvine Bella Kidwell Orangefield High School Orangefield High School Bridge City High School Port Neches Groves High School

to the graduating Congratulationssenior class of 2021. We are proud to announce that there are twelve recipients of the Gulf Credit Union $1,000 scholarship this year. We commend you for your efforts, and we wish you all the best in your future endeavors.

James Menard Zachary Pruitt Deweyville High School Bridge City High School 7

WWW.GECU.ORG GULF CREDIT UNION P.O. BOX 848 GROVES, TX 77619

GULF CREDIT UNION IS FEDERALLY INSURED BY THE NATIONAL CREDIT UNION ADMINISTRATION.

We do business in accordance with the Fair Housing Act and the Equal Credit Opportunity Act. *APR = Annual Percentage Rate. All loans and rates are subject to credit approval. Rates are subject to change without notice.

VISION STATEMENT Gulf Credit Union’s vision is to “create a relationship” with members. Our vision is met by matching our member’s need with the right product.

GROVES MID COUNTY BEAUMONT BRIDGE CITY 5140 West Parkway 2779 Aero Drive 2360 Dowlen Road 4721 Hwy. 87 South

LOBBY HOURS DRIVE-THRU HOURS LOBBY HOURS DRIVE-THRU HOURS MONDAY – THURSDAY MONDAY – FRIDAY MONDAY – THURSDAY MONDAY – THURSDAY • 8:30 am – 5:00 pm • 8:00 am – 6:00 pm • 8:30 am – 5:00 pm • 8:00 am – 5:00 pm FRIDAY SATURDAY FRIDAY FRIDAY • 8:30 am – 5:30 pm • 9:00 am – Noon • 8:30 am – 5:30 pm • 8:00 am – 5:30 pm

Mailing Address: PO Box 848, Groves, TX 77619-0848 • [email protected] • 409.963.1191 • 800.448.5328

GULF CREDIT UNION 2021 HOLIDAYS JULY NOVEMBER BOARD OF DIRECTORS: Independence Day Veterans Day Monday, July 5 Thursday, November 11th NAME TERM ENDS Thanksgiving SEPTEMBER Thursday, November 25th Johnny Lewallen, Chairman 2022 Labor Day Friday, November 26th Monday, September 6 Barry Gorman, Vice Chairman 2023 Saturday, November 27th OCTOBER Karen Brown, Secretary 2023 DECEMBER Columbus Day Christmas Monday, October 11 Robert Adams, Treasurer 2022 Thursday, December 23 Friday, December 24 Logan Delcambre 2024 Saturday, December 25 Joshua Lege 2024 Camille Jones 2022

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