60 DAYS NO PAYMENTS¹ | $60 FOR REFINANCING² | UP TO 60 MONTH TERM

AUTO LOAN RATES AS LOW AS

2 .25% APR³

FINANCIAL HEALTH NEWS | 1ST QUARTER 2018

Our mortgage expert can help you determine how much home you can afford, what type of loan would be best for you, if refinancing would be a good option, and so much more.

Mortgage? Questions? We're here to help!

COME MEET OUR MORTGAGE REP11:00am - 4:00pm

FRIDAY, FEBRUARY, 23rdMEMORIAL CITY BRANCH

THURSDAY, MARCH 8thSOUTHWEST BRANCH

THURSDAY, MARCH 22ndGREATER HEIGHTS BRANCH

l ower your payment ,love your loan

REFINANCE TODAY!

1Must have a credit score of 620 to qualify for extended payments. 2Minimum refinance amount $6,000 to receive the $60 bonus. $60 to be deposited to your savings account after the first payment is made. Internal refinances not eligible. 3APR is Annual Percentage Rate. Final rate is based on credit history and score. Relationship discounts included. Certain credit criteria applies. Certain terms and conditions to qualify for this rate. Offers expire 02/28/2018.

Easy as 1, 2, Free!SENDING MONEY USING A MOBILE PHONE NUMBER OR EMAIL ADDRESS

Pay a Friend Back for Lunch Pay the Babysitter Pay Your Sister Back for your Mom’s Birthday Gift

1 Log on to your account on the

MCU Mobile App.

2Make an External Transfer by adding

the recipient’s name and phone number or email address.

FREEEnter amount and send money without having to carry cash

or write a check!

You’re invited to attend our Annual Meeting. Please join use for board elections, an update on the status of the credit union, food, refreshments, giveaways & prizes!

BOARD ELECTIONSThree board positions will be filled this year. A nominating committee appointed by your Board of Directors has nominated one member for each vacant position. Nominations for the vacancies may also be made by petition signed by one percent (1%) of members with a minimum or of twenty (20) and maximum of five hundred (500). If there are more than two nominees per position, an election by mail ballot will be held. The election will not be conducted by mail ballot and there will be no nominations from the floor when there is only one nominee for each position to be filled. All nominations for petition must be sent to the Credit Union Secretary via registered or certified mail and received no later than February 16, 2018. An official petition form and candidate resume form may be obtained by writing: Secretary, Board of Directors Memorial Credit Union 7789 Southwest Freeway, Suite 175 Houston, TX 77074

We’re Rol l ing Out the Red Carpet!BOARD NOMINEESThe committee nominees listed below have met all the qualifications to be elected to the Board of Directors of Memorial Credit Union. The Annual Meeting will be held on Tuesday, March 27, 2018, 5:30pm at the Memorial City Campus, West Pavilion Conference Center (920 Frostwood, Houston, TX 77024).

Mary Baker has been a member of the credit union since 1985, became a board member in 2015, and currently serves as Board Secretary. Mary has been employed with Memorial Hermann Southwest for 35 years as a registered nurse in the Neonatal Intensive Care Nursery. Mary has worked in various roles during her tenure with Memorial Hermann, from staff nursing to staff educator to administration. She has been married to her husband, Al, for 35 years and has two children. Mary enjoys time with her family, reading and traveling.

Bruce Butler joined Memorial Hermann Healthcare System in 1982. In 2008 Bruce retired as Director of Employee Benefits at the Memorial Hermann Northwest Campus. A graduate of the University of Houston, Bruce also graduated with a Masters Degree from Texas Southern University. Bruce has served the credit union membership as a board director since 1996, and is a long time member.

Valentino Murphy serves as the Human Resources Manager at McConnell & Jones LLP and is responsible for the overall administration, coordination and evaluation of the human resource function. His credentials include a Bachelor of Business Administration, Master of Business Administration and two senior level human resource certifications. He has over 13 years of human resources experience in the following industries; Oil & Gas, Professional Employer Organization, Aerospace, Healthcare, and Manufacturing. He also worked as an HR consultant and career coach assisting individuals in career transition and development. Valentino has served the Memorial Credit Union board since January 2017.

You can even request payment from your friends and family!

JOIN US FOR OUR ANNUAL MEETING

Tuesday, March 27, 2018 ∣ 5:30PMMemorial City Campus

West Pavilion Conference Center920 Frostwood ∣ Houston, TX 77024

Awarding Scholarships

-Y out h and Teen Members-Earn Money for Straight As and Perfect Attendance!*

At Memorial Credit Union, we know how important learning is to the future of our young members. In order to show how proud we are of our youth and teens that go the extra mile at school, we want to reward those students that have straight As and those students who have perfect attendance.

In order to participate, we need a copy of a complete report card with final grades and attendance record at the end of the Fall 2017 semester. Each person who turns in a report card with straight As or perfect attendance will receive a $10 deposit into their Savings Account!

To receive your $10 deposit, mail a copy of your report card, along with your name and account number to the following address no later than Friday, January 26, 2018:

Memorial Credit Union Attn: Marketing Department 7789 SW Freeway, Suite 175, Houston, TX 77074

Memorial Credit Union is proud to announce another year of awarding scholarships in honor of our dear friend, Margaret Cook. The Margaret Cook Scholarship Fund will award four $1,000 scholarships again this year. Applications are available at the credit union and online through April 2, 2018. Scholarship applications will be due April 16, 2018 and the winners will be notified in May.

C oping with Debt? COME TO YOUR CREDIT UNION FOR HELP!Many people face a financial crisis at some point in their lives. Whether the crisis is caused by personal or family illness, the loss of a job, overspending or still recovering from Hurricane Harvey, it can seem overwhelming. But often, it can be overcome. You’re not alone in this and your credit union is here to help!

DEVELOP A BUDGETThe first step toward taking control of your financial situation is to do a realistic assessment of how much

money you take in and how much money you spend. Start by listing your income from all sources. Then, list your “fixed” expenses – those that are the same each month – like mortgage payments or rent, car payments and insurance premiums. Next, list the expenses that vary – like groceries, entertainment and clothing. Writing down all your expenses, even those that seem insignificant, is a helpful way to track your spending patterns, identify necessary expenses and prioritize the rest. The goal is to make sure you can make ends meet on the basics: housing, food, health care, insurance and education. You can find information about budgeting and money management techniques online, at your public library and in bookstores. Computer software programs can be useful tools for developing and maintaining a budget, balancing your checkbook and creating plans to save money and pay down your debt.

MANAGING YOUR LOANSIf you fall behind on a loan, call your lender immediately. Most lenders are willing to work with you if they believe

you are acting in good faith and the situation is temporary. Some lenders may reduce or suspend your payments for a short time. When you resume regular payments, though, you may have to pay an additional amount toward the past due total. Other lenders may agree to change the terms of the loan.

DEBT CONSOLIDATIONYou may be able to lower your cost of credit by consolidating your debt into lower-rate loans. At

Memorial Credit Union, we have a low-rate MasterCard Credit Card and low-rate Signature Loans with flexible terms. By moving your debt into a lower interest loan, you’ll owe less in the long run. You’ll also have the convenience of making just one payment a month, versus having to remember to pay multiple lenders on various days.

DEBT SCAMSUse caution when seeking assistance and ask lots of questions. If the deal seems too good to be true, then

there’s likely a catch. Before you do business with any debt relief service, check them out with your state Attorney General and local consumer protection agency. They’ll be able to tell you if any consumer complaints are on file about the firm.

For complete details, including eligibility, go to

www.MEMORIALCU.org or any branch locations.You can even request payment from your friends and family!

*Must be 18 or under. Eligible for one $10 deposit per semester. Must have straight As or perfect attendance for the semester to receive $10 deposit. Copy of report card will not be returned and will become property of MCU.

We Had Another Fun Seniors Trip to the Nutcracker Market in November!

As an MCU member, you have 24/7 access to our privacy policy via our website. Just click over to www.MEMORIALCU.org and from the “About Us” menu, select “Privacy Policy,” or call 713.778.6300 to request a paper copy.

Financial ReportingMemorial Credit Union engaged the services of AJ Weaver to review all credit union records, internal controls and accounting procedures. This annual audit is performed in accordance

with national credit union standards and general account practices. There were no major deficiencies or exceptions cited during this audit.

Upon request, the following documents are available for review and copies: articles of incorporation, bylaws, rules, guidelines, board policies, annual report, 990 report, income and expense report, statement of condition report. Please contact the credit union at 713.778.6300 with questions or comment.

Federally Insured by NCUAwww.MEMORIALCU.org

HOLIDAY CLOSINGSMonday, January 15th

Martin Luther King Jr. Day Monday, February 19th

Presidents’ Day

MAIN NUMBER 713.778.6300 | ACCESS 24 713.778.6350

Privacy Policy

In October, MCU staff and friends played in the Houston Chapter of Credit Union’s Softball Tournament, Benefiting Children’s Charities!

Sparkles, an Elf from the North Pole, Delivered Gifts at Memorial Hermann Children’s Hospital!

the ElfSparkles

NUTCRACKERMARKET