LAFCU

1 WHAT S INSIDEC onsumer Loan Skip-A-Pay Offered .. 2 Emergency Savings Accounts & Loans Still Available .. 2 Did You Know?.. 2 & 3 Financial Freedom with Young Adult Account .. 3 FHA & VA Loans Available .. 3 See s Candies Certificates .. 3 Soliciting Nominations for 2019 LAFCU Board Election .. 4 Get Into the Rhythm of Retirement .. 4 LAFCUA quarterly publication for members of Los Angeles Federal Credit Your Game with Visa Fall Quarter October 2018 Gift Yourself This Holiday Continued on page 2 Treat yourself with a new vehicle this upcoming holiday season, and you ll receive the gift that keeps on giving. We offer competitive, low-rate loans, up to 125%* financing, 84-month terms and special loan rate discounts depending on your purchase and VIP reward level. Plus, you can defer your first month s payment by 90 you re looking for a red sleigh or one with all the bells and whistles, our vehicle buying service and local Auto Smart dealers provides a variety of vehicles to fit your fancy.

2 Visit our website s vehicle buying page and click Shop on your own to search inventory provided by our partner AutoSMART dealers. Watch your mail in November to see if you were pre-approved or apply 24/7 from your desktop or mobile device. Low rate loans for trucks, SUVs, RVs, motorcycles, boats and watercraft are available too. Insurance and Loan ProtectionBefore dashing off to a winter getaway, make sure your new vehicle is covered with vehicle insurance from our partner, Apollo. With the company s range of policies, you re sure to find the right one that meets your needs and budget. To get a no-obligation quote, visit our website and search insurance. For your pocket and peace of mind, we provide loan options like Mechanical Breakdown Protection (MBP), Guaranteed Auto Protection (GAP), and Debt Protection.*For qualified borrowers with a credit score of 680 and your game with a Visa card credit line increase or a * balance transfer with no-fee convenience checks.

3 Now through December 31, if you re aLAFCU Visa cardholder and you qualify, you will receive a letter in the mail inNovember indicating thatyou ve beengiven an automatic credit line increase rOR abalance transfer offer. If you receive a credit line increase, as a bonus, you will enjoy a balance transfer for the first six months from the first transaction when you use no-fee convenience checks through 1/31/19. Ifyou receive the balance transfer offer, you will enjoy the special promotional balance transfer rate for 12 months when you use the no-fee convenience checks through 1/31 Your Money Where Your Growth Is: Earn up to APY* on your money when you open a 36-month share savings certificate from 10/1/18 to 12/31/18. Funds deposited or on deposit at LAFCU within 30 days of the certificate opening qualify. When the certificate matures, it will automatically renew to our regular 36-month Share Savings Certificate. This is the best rate in town and only available for a limited time.

4 * APY = Annual Percentage Yield for this Special Share Savings Certificate (Certificate). Term is 36 consecutive months. The minimum opening deposit is $3,000 and the maximum is $30,000. A Los Angeles Federal credit union ( LAFCU ) member can open multiple Certificates as long as the opening balance of each one is between $3,000 to $30,000. This Certificate (called a Certificate of Deposit at other financial institutions) can only be opened at LAFCU from October 1, 2018 to December 31, 2018 and this offer is subject to change or may be discontinued without notice. The Dividend Rate during the term is and the APY is The APY projects a rate if the dividends remain on deposit for one year and are not withdrawn. The actual APY will be calculated to three decimal points. Substantial penalty for early withdrawal and no additional deposits allowed after the Certificate is opened. Fees may reduce earnings. Offer applies to new money only, which are funds deposited at LAFCU within thirty (30) days from the date the Certificate was opened.

5 Only LAFCU members have access to our services, including Certificates. When this Certificate matures, it will automatically renew to our Regular 36-month Share Savings Certificate at the rate in effect at maturity. Other conditions may apply. Ask us for Certificate at APY*1 DID YOU KNOW?IRS Electronic DepositsGetting your tax refund deposited automatically into your LAFCU account is easy. Just make sure that 1) the LAFCU account number on your tax return is the same account into which you want the refund deposited; 2) the names and Social Security number on your tax return are exactly the same as those on that account; and 3) LAFCU s routing number 322078370 is written on your tax forms. If these items are incorrect, the deposit will not be made, and you will be mailed a paper check from the state or federal Toys for Tots Needs Your Donations Please join us as we participate once again in our annual Marine Corps Foundation Toys for Tots toy drive.

6 To support this worthy cause, bring new, non-gift wrapped toys to any LAFCU branch from November 2 to December 10. The toys will be distributed to needy children in the Los Angeles area during the holiday Scores Another Best Places to Work HonorFor the eighth time, LAFCU was named one of the Los Angeles Business Journal s Best Places to Work in Los Angeles for a medium-sized company in 2018. The 100 winners were split into small, medium, and large companies, and each was assessed to determine its strengths and opportunities. LAFCU was recognized for its competitive pay, benefits package, recognition programs, and a diverse, safe working environment where employees felt valued and appreciated. Results and rankings of the Best Places to Work were published in the 8/20/18 edition of the LA Business Journal and posted at credit union Day in October Join LAFCU and more then 235 million credit union members in 109 countries worldwide (including 102 million in the USA) to celebrate International credit union Day on October 18.

7 This year s theme is Find Your Platinum Lining in Credit Unions. This Day has been celebrated on the third Thursday of October since 1948 and this year marks its 70th (Platinum) anniversary. We look forward to seeing you at any of our branches on ICU Day as we celebrate the rich history of the credit union movement and its unique principles of people-helping-people through cooperative Your Game with Visa Continued from page 1 Get a break from your monthly bills not just once, but twice. Isn t that nice? When you qualify for our Skip-A-Payment service, you can skip a LAFCU loan payment two times a year. The program applies to closed-end loans including boats, computers, signature, and all vehicles including hybrids, RVs and trucks. Certain conditions apply, such as your account must be in good standing with no missed payments in the past 12 months. To learn more, visit our website and search skip-a-payment, or call Savings Accounts & Loans Still AvailableWe are still offering our emergency savings account and Personal Unsecured emergency loan option for unexpected events.

8 As recent studies have shown, the average American doesn t have at least $500 saved up for an emergency, so we d like to offer some resources to address that statistic. The account will help you save while you earn an Annual Percentage Yield more than 35 times higher than the average at other financial institutions.*Here s how it works:Regular Monthly Transfers: To get s t ar te d, you must have a Share Savings account at LAFCU , and then open a separate Emergency Savings account with a minimum deposit of $25 to $100. The Emergency account must be set up to make a minimum $25 per month deposit into the account by automatic transfer, direct deposit or payroll deduction. If you make no withdrawals, after one year you ll save $300. If you deposit $50 each month, you ll have $600 in one year!Higher Rate: Emergency savings account balances from $25 to $500 earn 3% APR*, balances $ to $1,000 earn 1% APR, and balances $1, and over earn the regular Share Savings Account APR.

9 To earn 3% and 1% APR, you must be signed up for online statements and maintain a $25 monthly minimum Withdrawals: Only one free emergency savings account withdrawal is allowed per month, and all other withdrawals are $2 each. Emergency loan options are also available. If you open an emergency savings account, you qualify for a discount on your emergency loan rate if you sign up to: Make automatic payments on the emergency loan Make automatic monthly deposits of at least $25 to the emergency savings account. Contact us or visit our website for information or sign up today.*APR = Annual Percentage Rate. Average savings account in the USA earns Annual Percentage Yield according to GoBankingRates at on 8-21-18, and this information is subject to change without the checks to conduct balance transfers from your higher rate credit card to your LAFCU Visa. In order to do this, simply fill out the check, sign it, then mail it to the credit card company with the higher rate balance, up to your available LAFCU credit limit.

10 The sooner you transfer your other credit card balances, the more you will save! *Annual Percentage Rate: This offer is nontransferable and only available to LAFCU Visa cardholders who qualify. Special rates are valid only for balance transfers from other credit card companies, financial institutions, or department store credit cards. Convenience checks may not be made payable to you, cash, or to make payments toward amounts you owe LAFCU . You must use the check(s) or complete the balance transfer by January 31, 2019, for the promotional APR to apply. If you use the check after that date, we may still honor the checks, but you will not receive the promotional APR. Any balance transfers processed after the promotional period will incur finance charges at your card s standard rate. To the extent your payments exceed the minimum payment due each billing period, we will apply them to the balances with higher rates prior to the balances with lower rates.