Mutual Matters SPRING 2017 Message from the How can a HELOC help you? CEO Spring is in the air! Now is the time to do those needed improvements to your home. But, how do you finance it? Let Mutual Savings Credit Union Now that spring is upon us, many of help you cross off the big “to-do” items on your list with a Home Equity our members will be at ball fields across Line of Credit, also commonly referred to as a HELOC. the state watching their children or grandchildren hit, kick or throw a ball. As part of MSCU’s wide variety of real estate loans, HELOCs help you make big purchases or handle expenses. A HELOC is a form of credit in These ball games can get pricy with which the equity in your home serves as collateral. Typically, these loans entrance fees and concession stand visits. Rest assured are used for major items, not everyday expenses. Many members choose Mutual Savings Credit Union is here for you should you HELOC loans over other forms of credit because the interest rates are need funds for spring games and other festivities. Access usually lower. Check with your tax accountant as some members may to your funds is easy through our home banking app and benefit from a HELOC as the interest could be tax deductible. numerous ATMs through CU24. Here’s some great ways to benefit from a HELOC: Mutual Savings Credit Union is excited to announce the • Paying down debt: Max out your credit card during Christmas? Hospital highly anticipated roll-out of our new Visa Blue credit bills piling up? Pay those cards and bills off with HELOC funds. Interest cards! These cards offer lower-than-average interest rates on HELOC loans are usually much lower than many credit card rates and no monthly fee. It’s easy to apply and the cards interest rates. Therefore, using HELOC funds to pay down debt may save are mailed to you in a timely fashion. Look for more you money. information online or in our branches as to when they’ll be • Home Improvements: Need a new roof or exterior paint? Home equity available. MSCU also offers prepaid Visa cards. These cards loans are the perfect solution to tackling that big home improvement make it easier for parents with teens who may be traveling project. for spring break or graduation. With a prepaid card, they • Finance the purchase of a car: Many members have found that purchasing can’t go over their spending limit and mom and dad don’t a car with HELOC funds saves them money two fold. They use the have to worry about their child carrying a lot of cash. equity in their home as a means to buy the car outright. PLUS, the interest you pay may be tax deductible, so it’s a win-win. We continually look for ways to save our members money • School tuition: Do you have a child or grandchild going off to college and grow the credit union. With loans off to a great start soon? Maybe you are looking to further your education? HELOC loans and offering certificate specials from time to time, we can be a great option to finance school expenses. Even anticipate 2017 to be a successful year. Be sure to check our full-ride scholarship recipients have college expenses. It’s better to be website, www.mutualsavings.org, for current interest rates prepared! and special share certificate offers. • Vacations, weddings and graduations, oh my! We all have that special Sincerely, place on the globe we’d like to visit. Or, maybe your niece decided to have a destination wedding. HELOC funds can make those travels possible.

Mutual Savings offers a wide variety of options to help you achieve your goals. Visit our website at www.mutualsavings.org to review all of the loans Kendall Speed available and current interest rates. We are confident you will find one to fit CEO/President your needs.

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Find MSCU Online: May 29th – Memorial Day, all day July 4th – Independance Day, all day SPRING MSCU NEWSLETTER 2017 Locations & Hours

BIRMINGHAM 199 Bessemer Super Highway Talk About Savings! Birmingham, AL 35228 8:30 a.m. – 5:00 p.m. M–F The Sprint Credit Union Member Discount Drive-up ATM available. PELHAM How would you like valuable savings on monthly wireless data bills? You get all 3596 Pelham Parkway that and more thanks to Mutual Savings Credit Union and Sprint’s Credit Union Pelham, AL 35124 8:30 a.m. – 5:00 p.m. M–F Member Discount. RIVERCHASE/HOOVER 2040 Valleydale Road There are two ways to save with Sprint on regularly priced monthly data service: Birmingham, AL 35244 8:30 a.m. – 5:00 p.m. M–F Closed daily: 1:00 – 2:00 p.m. Members Business Drive-up ATM available. 10% 15% CLANTON 1501 7th Street South Discount Discount Clanton, AL 35046 8:30 a.m. – 5:00 p.m. M–F Mention Corporate ID: Mention Corporate ID: Drive-up ATM available. NACUC_ZZM NACUC_ZDS_ZZM SELMA 907 Medical Center Parkway Selma, AL 36701 Valid in conjunction with other credit union and Sprint National handset and other promotions. 8:30 a.m. – 5:00 p.m. M–F ALEXANDER CITY Credit Union Member Verification 1030 Lee Street Alexander City, AL 35010 Verification is easy and only takes a few minutes to complete. There are four ways 8:30 a.m. – 5:00 p.m. M–F to verify your credit union membership: Drive-up ATM available. 1. Free Love My Credit Union Rewards app for Android and/or iPhone. CALERA • iPhone users find it at the Apple App Store. 136D Calera Marketplace Circle Calera, AL 35040 • Android users find the app in Google Play. 8:30 a.m. – 5:00 p.m. M–F • Search for “Love My Credit Union Rewards.” BIRMINGHAM - TARRANT • You will be prompted to black out all confidential information within the app. 3000 Winewood Road Birmingham, AL 35215 2. Fill out and fax the Sprint Verification Form 8:30 a.m. – 5:00 p.m. M-F Drive-up ATM available. (http://www.lovemycreditunion.org/sprint) and supporting documents to the Sprint Corporate Accounts: 913.523.1987 or toll free: 877.687.8211. NORTH BIRMINGHAM 2725 35th Avenue North 3. Visit www.Sprint.com/verify from a mobile device. 8:30 a.m. – 5:00 p.m. M-F Birmingham, AL 35207 4. Sign up for Sprint’s AutoPay using your credit union checking account or credit union debit/credit card: http://www.sprint.com/. BROOKWOOD 16072 Highway 216 8:30 a.m. – 5:00 p.m. M-F Start saving with Sprint today! Brookwood, AL 35444 Drive-up ATM available. Save the Date! Mutual Savings Credit Union Annual Meeting: April 27th, 2017 APRIL Corporate Office: 2040 Valleydale Road, Birmingham, 35244 Starts 5:30pm with registration beginning at 5:00pm. 27 Members will have the opportunity to: CONTACT US • Review 2016 Annual Meeting MEMBER SERVICE CENTER • Meet the new CEO 5 p.m. Birmingham Area (205) 682-1100 • Elect new board members • Discuss projected outlooks for 2017 1-800-950-6728 Remember, members are what make credit unions unique from other financial institutions. It’s your time to support our initiatives and voice any concerns. We hope you’ll come and join us! TELEPHONE BANKING 24 hours a day, 7 days a week Birmingham Area (205) 682-1199 Any loan rates quoted as Annual Percentage Rate are subject to change without notice. Services and rates described herein are periodically changed and/or deleted. Mutual 1-800-910-4804 Savings Credit Union’s participation with any enterprise is only an attempt to provide a service to its members and has no responsibility for transactions between said enterprise Copyright © MSCU 2017. and members. Full account disclosures available upon request. We are an Equal Housing mutualsavings.org All rights reserved. Opportunity Lender.