APRIL • 2015 MCU Personal – a simple solution.

SPECIAL LOW RATE!

RATES AS LOW AS % 5.95 APR* To meet your important or unexpected needs: Bill consolidation New appliances, furniture Tuition or other or family expenses or household goods education expenses

Apply for a Personal today! 1-800-LOAN-MCU | nymcu.org

* APR = Annual Percentage Rate. With approved credit. Rates may be higher based on your creditworthiness. Requires direct deposit or automatic payroll deduction as method of repayment. The Annual Percentage Rate (APR) will increase by 2% during the term of this transaction if you discontinue payment through payroll deduction or direct deposit. Your payments will consist of 60 monthly payments of $19.31 on each $1,000 borrowed at 5.95% APR. Rates and terms are subject to change without notice. Certain restrictions apply. Membership is required. How Much Do You Know About Being Ready for Retirement? Take the MCU Mini The first step to being ready for retirement is to know what to expect. Take the quiz below and test your retirement IQ!

1. True or False: It doesn’t matter how old you are 4. About how much money can a 65 year-old couple when you begin to take your Social Security benefits. retiring today expect to spend on healthcare in their You get the same amount no matter your age.* retirement? a. True a. $50,000 b. False b. $85,000 c. $175,000 d. $220,000 2. How long does the average person live into retirement? 5. How much money can an individual contribute to an Individual Retirement Account (IRA) each year a. 10 years if you’re under the age of 50? b. 18 years c. 23 years a. $2,000 d. 35 years b. $5,500 c. $7,000 3. About how much of your current income will you d. $9,500 need each year in retirement to live comfortably? a. 30 percent b. 50 percent c. 70 percent d. 100 percent How do you think you did? *This question originally appeared on aarp.org Visit nymcu.org/Results and find out!

ONLINE BANKING: BILLPAY: Safely and securely manage Save time, money and paper by your MCU account. With NYMCU® paying bills without having to Go Green , you can view write and mail a check. BillPay your account balances, transfer also provides members with the funds between accounts, sign up option to schedule bill payment with a variety of frequency options This Spring for alerts to monitor account (weekly, monthly, annually, etc). activity, and much more. You can even look up 18 months of payment history to all of your payees.

MOBILE BANKING: Downloading the NYMCU® eSTATEMENTS: Mobile Banking App to your View and print up to 24 months iPhone, iPad, iPod Touch and of statements and receive Android Tablets and Phones gives notifications to your email you the freedom to manage your To learn more about these great account every month when accounts, transfer funds, pay bills, a new statement is ready to mobile deposit checks and find be viewed. the nearest MCU ATM or branch paperless options and to enroll locations anytime, anywhere. in NYMCU® Online Banking, visit nymcu.org today! Have a question about your accounts? Sign up for MCU’s Account Alerts through NYMCU® Online Banking and you can have email or text message* notifications automatically sent to your cell phone or email when certain activity occurs within your account.

Sign up for Account Alerts between April 1st and June 1st for a chance to win the MCU Account Alerts Sweepstakes! One lucky grand prize winner Sign up for will take home a $500 MCU VISA® Gift Card! Sweepstakes participants Account Alerts will also have a chance to win one of five $100 MCU VISA® Gift Cards! for a Chance to Win $500! You can set up alerts for: Electronic Deposits: Receive an alert every time an electronic deposit, like your paycheck direct deposit, is received on the selected account.

Any Deposit: Get an alert whenever a deposit is made to your account.

Debit Card Purchases: Get an alert every time your debit card is used for a purchase.

Account Activity Summary: Receive an alert every morning with a total amount of the prior day’s deposits, withdrawals and ending balance.

Account Balance Change: Get notified every time the balance on your account is over or below the set amount.

Withdrawal Notification: Receive an alert every time a withdrawal over the specified amount is recorded on your account.

Check Stop Payment Expiration: Get an alert 10 days before the stop payment request expires and a second and final notification on the day the stop payment becomes void.

Check Cleared: Set up notifications for up to five check numbers at one time and receive alerts when these checks have cleared.

Timely Reminders: Schedule reminders to pay bills or make payments on time. Custom Message: Set up a one-time customized message to be delivered on a specific date and time.

Visit nymcu.org/AccountAlerts and sign up today!

For contest terms and conditions, visit nymcu.org/ContestRules * Standard test message rates apply according to your plan. Delivery of alerts may be delayed for various reasons. Believing in the PFP Family Security Plan® The Family Security Plan® New York team members were asked the question, what do you believe in? We were deeply touched; these beliefs are the reason you have come to know us, like us and trust us.

• “We believe in people helping people; when people fall down they deserve a chance to get back up.” • “We believe in putting smiles on members’ faces no matter how our day is going.” • “We believe not only in the success of our products, but in the value they create in our members’ lives.” • “We believe in helping you build a plan now that saves you from the stress in the future.” • “We believe in bringing you a sigh of relief at the end of the day.” • “We believe security is not a luxury; helping your future is the only way to help your today.” • “We believe you don’t need to be rich to be protected.” • “We believe that life’s biggest challenges shouldn’t be fought alone.” • “We believe life is what you make it and that we are there to protect it.” • “We believe in the prosperity of happiness. It’s not about the riches in life; it’s about protecting our loved ones who make our lives wealthy. We live by it.”

WE BELIEVE IN THE FAMILY SECURITY PLAN® We Want to Hear From You! What do you believe in? Visit your The Family Security Plan® representative in your local branch or email [email protected]. We look forward to your responses!

Board of Directors PHONE NUMBERS: Mark S. Brantley, Esq. Chair PERSONAL LOAN RATES MCU’s Automated Service – Hon. Sylvia G. Ash, 1st Vice Chair C. Richard Wagner, 2nd Vice Chair Auto-Pay Monthly Payment Per Touch Tone Teller: Caroll Duncanson, 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 James Durrah, Asst. Treasurer Unsecured Loan $1,000–$15,000 Up to 60 Months 5.95% $19.31 (212) 693-4900 Mario Matos, Jr., Asst. Secretary Outside the Five Boroughs/ Tessa I. Hackett-Vieira, Director Unsecured Loan $15,001–$50,000 Up to 60 Months 6.95% $19.78 Loretta Y. Jones, 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, MCU Auto Loans: Member New Cars Executive Management 888-4MCU-AUTO 2015–2014 125% Up to 60 Months 1.95% $17.51 Kam Wong, President/CEO VISA Information: Thomas Siciliano, General Counsel 2015–2014 125% 61-66 Months 2.25% $16.13 (800) 481-7338 Richard Casamassa, Executive VP/Chief 2015–2014 125% 67-72 Months 2.25% $14.87 Member Service Operations Officer Norman Kohn, Executive VP/Chief Mortgage and Home Equity Credit Officer Pre-Owned Cars Information: (212) 238-3521 Linda Lambert, SVP/Chief Financial Officer Carole A. Porter, SVP/Chief Retail 2013 125% Up to 60 Months 2.25% $17.64 Deposit Account Information: Banking Operations Officer 2013 125% 61-66 Months 2.55% $16.26 Kim Thompson, SVP/Chief Human (212)-693-4900 2013 125% 67-72 Months 2.55% $15.00 Resources and Labor Relations Officer New Member Line: Senior Management (866) JOIN-MCU Anie Akpe, VP/Real Property Rates may be higher based on applicant’s credit worthiness. Rates and terms are subject to change without notice. Certain restrictions may apply. William Birnbach, VP/Member MCU only finances vehicles purchased from a car dealer: We do not offer financing for private sales, individual sales or lease buyouts. 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 VISIT OUR WEBSITE: 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 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: Phone: 212-238-3573 Email: [email protected] Robert Soloway, VP/Technology for a “Truth-in-Savings” disclosure.

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