Member

www.TeachersFCU.org

May 2016

You can be Driving a New Car this Summer!

• Finance up to 100% of the purchase price - including sales tax and warranty.

• Take advantage of our quick approval process.

• Loweryourpaymentbyrefinancingyourcarloanfromanotherlenderwithus.

AUTO

92

44

8-0

416

TFCU’s low auto loan rates can put you behind the wheel of a new car.

Allratesandtermsaresubjecttochangewithoutnotice.*APR:AnnualPercentageRate.Ratesandtermsareeffective4/21/2016.Ratewillbebasedoncredithistory.Rateshownislowestrateavailable.Applicantswhoarenotapprovedattheseratesortermsmaybeofferedcreditatahigherrateand/ordifferentterms.RatesnotavailableonBuyRitePlusballoonloansorleases.NoteligibleforEducatedChoice,AutoTransfer.Payjust$17.29forevery$1,000borrowedwitha60-monthtermat1.45%APRfornewautoloans.Payjust$14.75forevery$1,000borrowedwitha72-monthtermat1.99%APRforusedautoloans.

New AutoNewratesaslowas

1.45%APR*

for up to 60 months

Used Auto

for up to 72 monthsFull Financing Available

Maximum 4 Model Years Old (Including Current Year)

Other Rates/Terms Available

Newratesaslowas

1.99%Get Pre-approved and Save!

APR*

Employment Opportunities Are Available! Visit Our Careers Section on TeachersFCU.org & Apply Today.

Your Home Could be Your Financial Partner

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates and terms accurate as of 4/21/2016.Term:180Months.DailyPeridoicRateis0.0055%.HELOCmax$500,000(upto75%ofhomevalue,rateshownfor75%max.LTV).Linesupto$100,000require$10,000min.advance&mustmaintainabalancefor36monthstoavoidrepaymentofclosingcosts.Lines$100,001-$250,000:$60,000advance&maintainabalancefor36mos.toavoidrepaymentofclosingcosts.Lines$250,001-$500,000:$100,000advance&maintainabalancefor36mos.toavoidrepaymentofclosingcosts.VariablerateequaltotheWallStreetJournalPrimeRate(3.50%asof4/20/2016)aspublished30dayspriortointerestrateadjustmentdate,appliedatloanorigination.After24monthperiod,a1%maximumrateadjustmentisallowedperquarter.Ratewillnotexceed18%overthelifeoftheloan.**APR:AnnualPercentageRate.Allratesandtermsaresubjecttochangewithoutnotice.Rates/termsaccurate as of 4/21/2016.Rateswillbebasedoncredithistory.Rateshownisthelowestavailable.Applicantsnotapprovedattheseratesortermsmaybeofferedcreditatahigherrateorterm.MiniAdjustableEquityLoan:2%annualadjustmentCAP.Ratecangoupordown2%eachyear.Index=1yearCMTPlus.Margin=3.50.Roundedtothenearest1/8th.LifetimeadjustmentCAP=6%.Appraisalwillberequired.Primaryresidence–NewYorkonly.Askfordetails.

HOME EQUITY

Then Prime Rate for Life!

1.99%Fixed Rate for 24 months

NO CLOSING COSTS!

Up to $500,000

APR*

Home Equity Line of Credit

10-Year “Fixed” Rate Mini – Home Equity Loan

Up to $500,000

Other Rates/Terms Available!

3.74%

NO CLOSING COSTS!

APR**

“ADJUSTABLE” RateMini – Home Equity Loan

Up to $500,000

Up to 240-Month Term

3.44%

NO CLOSING COSTS!

APR**

Call us today at 631-698-7000, ext. 6790.

As you begin to think about how you’ll tackle the projects on your home improvement listthisspring,thinkofyourhomeandTFCUasyourfinancialpartners.Youmayalready have thousands of dollars in equity thatcanbeusedfordebtconsolidation,collegetuition,homeimprovementsoranyworthwhilepurpose.Thequestionis,wouldaHomeEquityLoanoraHomeEquityLineofCredit(HELOC)workbestforyou?

Ifyou’reinterestedinborrowingagainsttheequityinyourhome,reachouttooneofourknowledgeable representatives for help with all your questions and concerns.

2

InconjunctionwithShreddingDay,onSaturday,May14,wewillalsohaveadrop-offforgentlyusedbooks.WehaveteamedupwithBookFairies,aLongIslandbasednon-profitorganization,whichacceptsdonationsof these books and connects them with libraries and schools that do not have the funds to nurture the love of reading.

Accepted Books1.Booksin“likenew”conditionpublishedafter19952.Bookswithcleanintactpagesandfreeofodor3.BirththroughAdultlevelbooks4. Activity books

BringusYourGently Used Books

SERVICES

TFCUiscommittedtohelpingourmemberspreventidentitytheftbyencouragingtheproperdestruction of sensitive documents.

Alldocumentswillbeshreddedonsite.Towitnesstheshreddingofyourdocuments,youmustwaitinalineofcarstodropoffyourpapersatthecollectionsite,moveyourcaroffthelineintoaparkingspotandwalkbacktotheshreddingarea.Oncethecollectionbinisfull,you can then watch your documents being destroyed.

AllpapershreddingwillbedonebyIronMountain ShreddingServices.

Fight Identity Theft & Go Green! ShreddingDayinHauppauge

Where:TFCU’sHauppaugeBranch,locatedat 102 Motor Parkway

When: Saturday,May14(rainorshine)

Time: 9:00 a.m. until 12:00 noon

What: PAPER ONLYUpto50poundsofpersonal documents

Is there a charge for this service? No,TFCUis offeringthisasafreeservicetoourmembersandneighbors.Forinformation,visitwww.TeachersFCU.orgorcall631-698-7000,extension3024.

NOT Accepted Books1.Booksolderthan19952.EncyclopediasandTextbooks3.Bookswithmildew,“oldbook”orcigarettesmokesmell4.Bookswithripped,tornoryellowedpages

TFCU has teamed up with the Brookhaven Town for Additional Shredding Days throughout the year. For information on dates/times call the town at 631-451-8696 or visit www.brookhaven.org.

Save the Date: Shredding Day at Wading River Branch. Saturday, June 18

Need Extra Cash? Consolidate Debt by Refinancing

HOME

All rates and terms are subject to change without notice. *APR:AnnualPercentageRate.Rates&termsaccurateasof4/21/2016.Maximumloanamountis$417,000.Pay$4.42per$1,000borrowedfor30-yearfixedratemortgageat3.44%APR.Taxes,insuranceandothercostswillresultinahighermonthlypayment.Primaryresidenceonly.Thisisnotacommitmenttolend.Ifyourdownpaymentislessthan20%ofthehome’svalue,youwillbesubjecttoprivatemortgageinsurance,orPMI.Applicantswhoarenotapprovedattheseratesortermsmaybeofferedcreditatahigherrateand/ordifferentterms.Rateshownisforpurchaseorrefinance,upto80%financing.Otherratesandtermsavailableforloantovaluesabove 80%. **APR:AnnualPercentageRate.Rates&termsaccurateasof4/21/2016.Jumbomortgagesavailablefrom$417,001upto$3,000,000.Pay$4.02per$1,000borrowedfor10/1Adjustableratejumbomortgageat3.00%APR.Ratesfixedfor10years.Subsequentadjustmentsmadeannually.2%annualcap;5%lifetimecap.Margin3.00%. Index:1yearConstantMaturityTreasury(CMT).Taxes,insuranceandothercostswillresultinahighermonthlypayment.Primaryresidenceonly.Thisisnotacommitmenttolend.Ifyourdownpaymentislessthan20%ofthehome’svalue,youwillbesubjecttoprivatemortgageinsurance,orPMI.Applicantswhoarenotapprovedattheseratesortermsmaybeofferedcreditatahigherrateand/ordifferentterms.Rateshownisforpurchaseorrefinance,upto80%financing.Otherratesandtermsavailableforloantovaluesabove80%. ***APR:AnnualPercentageRate.Ratesandtermsaccurateasof4/21/2016.Maximumloanamountis$417,000.Pay$3.95per$1,000borrowedfor10/1adjustablemortgage.Ratesfixedfor10years.Subsequentadjustmentsmadeannually.2%annualcap;5%lifetimecap.Margin3.00%.Index:1yearConstantMaturityTreasury(CMT).Taxes,insuranceandothercostswillresultinahighermonthlypayment.Primaryresidenceonly.Thisisnotacommitmenttolend.Ifyourdownpaymentislessthan20%ofthehome’svalue,youwillbesubjecttoprivatemortgageinsuranceorPMI.APRbasedon$165,000Conventionalloanassumingthehighestcreditrating.Applicantsnotapprovedattheseratesortermsmaybeofferedcreditatahigherrateand/ordifferentterms.Rateshownisforpurchaseorrefinance,upto80%financing.Otherratesandtermsavailable.Askfordetails.

Rates as low as

30-Year Fixed Rate Mortgages

3.375%

3.44 %NoPoints

RATE

APR*

Rates as low as

10/1 Adjustable Rate Mortgages

2.50%

2.96%RATE

APR***NoPoints.5/1&7/1ARMS

Also Available!

10/1 Adjustable Rate Jumbo Mortgages

Rates as low as

2.625%

3.00 %RATE

APR**NoPoints.OtherAdjustable and Fixed Terms Available.

TFCU Offers Jumbo Mortgages up to $3,000,000

Member Reminder

VacationClubaccountspayoutto member’s accounts on

June4.NowistheperfecttimetoopenanewVacationClubaccount and begin saving for next year’s summer vacation.

Certificate Account Special

1.15%APY*

MinimumOpeningBalance$1,000Savingsfederallyinsuredto$250,000

15-MonthLimited Time

Offer!

SPECIALS

All rates and terms are subject to change without notice. *Annual Percentage Yield (APY) accurateasof4/14/2016.Apenaltymaybeimposedonearlywithdrawals.Limitedtimeoffer.

3

BUSINESS SERVICES

Newtek Provides Health Insurance Programs for YourSmallBusinessYour insurance needs aren’t restricted to the professional aspects of your small business – you and your employees deserve to have the bestpersonalinsurancepolicies.ThestrongrelationshipsNewtekmaintains with insurers enables them to negotiate the best possible coverage and competitive pricing for you. Provide protection to your employees and their families at the lowest rates.

Newtek’sindividualandfamilyhealthbenefitsproductsinclude:• HealthInsurance• MedicalSavingsAccounts• Short-TermMedicalCoverage• PrescriptionDrugCoverage• DisabilityIncome• HealthSavingsAccount(HSA)-CompatiblePlans• OccupationalAccident

ApersonalinsurancepolicythroughNewtekhastheabilitytosafeguardyouandyouremployees.Contactaspecialisttodayat1-855-284-3722forafreequote.

TFCUmembersalreadyenjoy10%offselectregularlypricedmonthlydataservicewiththeSprintCreditUnionMemberDiscount. Now,foralimitedtime,youcansaveevenmoreonSprintservices,andearnachancetowinbig.

It’stheLoveMyCreditUnionRewards“$50/$50/$5,000 Referral Campaign”.

NowthruMay31,2016,wheneveryoureferanothercreditunionmembertoSprint: You receive a $50 service creditonyourSprintwirelessbill They receive a $50 service creditontheirSprintwirelessbillwhentheyopenanewaccount, validate credit union membership and register for the promotion You’re both entered for a chance to win a $5,000 Visa gift card

Refer,saveandwinnow!VisitLoveMyCreditUnion.org/CellReferralforofficialrulesanddetails.

$50 Credit for You, $50 Credit for a Friend and a Chance to Win a $5,000 Prize

We’reHerefor Long Island Businesses!

FinanceCommercialRealEstatePurchasesorRefinances

5/5/5 Adjustable Commercial Mortgages

• Term:15years• InitialInterestRate=3.00%*• Interestrateadjustsafteryears5and10**• Noprepaymentpenalty

Shopping Center$6,000,000

Great Neck, NY

Office Building$1,450,000

Smithtown, NY

Dental Office$284,000

Hampton Bays, NY

Commercial Condo$3,150,000

Manhattan, NY

*Rateaccurateasof4/8/2016.Rates&termssubjecttochangewithoutnotice.Loansaresubjecttocreditapproval.BusinessownersmustbemembersoreligibleformembershipatTFCUandmustprovidepersonalguaranteesforloanrequest.**Afteryears5and10,interestratewilladjusttothe5yearconstantmaturitytreasury+2.5%roundeduptonearest1/8th.Subjecttomembershipeligibility.

REWARDS

Save Money on Your Summer Vacation Plans Through Benefits Plus®BenefitsPlus®isyourtraveladvocate.Unlikeothertravelservices,theydon’tmakemoneyonwhatyouspend.Instead,theyusealloftheresourcesavailable,includingtheInternetand“inside”travelindustryconnections,todelivermorevalueforyourtravelandvacationdollar.They provide the lowest guaranteed pricing* with the highest concierge service quality available anywhere. Rely on them to cut trip costs withoutcuttingcorners.Whetheryou’relivingituponaCaribbeancruise,findingdollar-friendlydestinationsnearbyorrelaxingatthebeach,BenefitsPlus®willmakeyourtraveldreamscherishedmemories.

TravelDiscountsInclude:• Domestic&InternationalAirlineTickets• HotelandCarRentals• Cruises• Theme Park Admissions

CallYourPersonalConciergeTravelSpecialistat1-866-329-PLUS(7587).NotaBenefitsPlus®member?It’seasytojoin.**Justcall631-698-7000,extension6780,orstopbyyournearestbranch.

MEMBER BENEFITS

*Certainrestrictionsmayapplyonspecifictravelservices.Subjecttoavailability.Pleasebeadvisedthird-partyInternettravelsearchesaresubjecttothespecifictermsandconditionsoftheprovider;additionaltaxesandfeesmaynotbedisplayed.Professionalagentsareskilledinfindingyouthelowestguaranteedratesandcanmakesuggestionsthatcanresultintremendoussavings.TheycannotguaranteethelowestratesuntilyouspeakwithaServiceSpecialistat(866)329-7587.SeeourGoodasGoldDoubletheDifferenceLowPriceGuaranteefordetails.**Amonthlyfeeof$4.95willbeassessed.

TFCU has teamed up with the Brookhaven Town for Additional Shredding Days throughout the year. For information on dates/times call the town at 631-451-8696 or visit www.brookhaven.org.

NoPoints.5/1&7/1ARMS Also Available!

SDP Credit Union Referral Offer:Offerstarts3/1/16andends5/31/16.SDPonly.RequiresvalidationonCreditUnionCorpID.$50servicecreditpernewlineupto$500/yearmax.Newreferralsarerequiredtohaveanew-lineactivation,onqualifyingplanswithaphonepurchaseviaSprintEasyPayorLeasing.Excludestabletsandmobilebroadbanddevices.Newaccountsmustregisterathttps://www.lovemycreditunion.org/CellReferralwithin30daysofnewaccountactivation.Existingandnewaccountsmustbeingoodstandingattimeoffulfillment.Addalinenoteligible.Acct.mustremainingoodstandingthroughoutcreditperiodtoqualifyandreceivesvccredits.OfferexcludesreferralsmadebetweenSprintentitiesorprovidersassociatedwithSprint(i.e.,VirginMobileUSA,BoostMobile,CommonCentsMobileandAssurance).Servicecreditwillposton2-3invoicefollowingactivation.Maynotbecombinablewithotheroffers.Whilesupplieslast.NOPURCHASENECESSARY.Opentolegalresidentsofthe50US(andD.C.)whoare18orolderwhoareCreditUnionMembersorEmployees.Voidwhereprohibited.Enterby5/31/16.ForOfficialRules,howtoenterwithoutnewSprintaccountactivation,prizesandoddsdisclosure,visitwww.lovemycreditunion.org/cellreferral.Sponsor:CUSolutionsGroup,38695W.7MileRoad,Suite200,Livonia,MI,48152.SprintisnotasponsorofthisSweepstakes.

Member Reminder

† Facility employees only

Branch Locations

Convenient Loan Call Center Hours 24/7 Loan Information & Applications

631-698-7000, Ext. 6790.

TFCU’s Routing Number: 221475786

Check www.TeachersFCU.org for all of our GREAT RATES!

facebook.com/TeachersFCU

twitter.com/TFCU

Board Of DirectorsGeorgeL.Dornhoefer,ChairmanJuanC.Nuñez,ViceChairmanRaymondP.Grossman,TreasurerRonaldA.Mincio,SecretaryF.JaneHarrisAprilS.NeitlichRobertJ.NeyFredH.SchaeferMarioP.ShortinoFrankD.Spencer,DirectorEmeritus

Executive ManagementRobertG.Allen,President/CEOThomasA.Fallon,EVP/COO

Supervisory CommitteeJamesF.Nohe,ChairmanShaleiV.K.Simms,SecretaryPaulE.Misut CraigT.RobinsonTimothyM.Southerton

Amityville - 355Broadway(Rte.110)Bay Shore - 3rdAve.andSunriseHwy. Brookhaven National Lab†

400BrookhavenAvenueCentral Islip - 118WheelerRoadCommack - 10VanderbiltPkwy.East Northport - 556LarkfieldRoadFarmingville - 2410N.OceanAve.Hauppauge - 102 Motor Pkwy.

Holbrook - 5439SunriseHwy.Huntington - 211EastMainStreetManorville-460CountyRoad111 Merrick-1638MerrickRd.Nesconset - 127SmithtownBlvd.North Babylon - 1134DeerParkAve.North Massapequa - 4250JerusalemAve.Oakdale - 951MontaukHwy.Patchogue - 31W.MainStreet,Suite23

Port Jefferson Station - 450JeffersonPlaza(Rte.112)Riverhead - 176OldCountryRd.(Rte.58)Rocky Point - 561Route25ASelden - 301IndependencePlaza,(Rte.25)Shirley - 437WilliamFloydParkway.Smithtown - 1WestMainStreetSouth Setauket - 260-A Pond PathWading River - 6257Route25A

631-698-7000 • 1-800-341-4333**OutsidetheLongIsland,WestchesterandNewYorkMetroareas.

TFCU HEADQUARTERS Locatedat:102MotorPkwy,Hauppauge,NYMail:P.O.Box9005,Smithtown,NY11787

www.TeachersFCU.org

Whileconsistenteffortismadetoensuretheintegrityofinformation containedinthispublication,materialshouldnotbeconsideredlegal,

financial or professional advice. Terms and conditions apply. Please speak to a representative for details.

FINANCIAL SERVICES

Financial Services Representatives at other branches:

Stephen Abbott, CLU,ChFCFinancial Advisor2410NorthOceanAvenue,Farmingville,NY11738(631)698-7000,ext.3692

Frank PecorellaFinancial Advisor3rdAvenue&SunriseHwy.,BayShore,NY11706631-698-7000,ext.6925

Chris Hibbard, ChFC,CRPC,CFSSeniorFinancialAdvisor,TrustLiaisonOfficer5439SunriseHwy.,Holbrook,NY11741(631)698-7000ext.6020

Sergio MessinaFinancial Advisor102MotorParkway,Hauppauge,NY11788631-698-7000,ext.2453

Manorville – Ron RebaldoNesconset–MickiCahill

Holiday Closings

AllbranchesofTFCUwillbeclosedMonday,May30,in

observance of Memorial Day

SPECIALS

TFCUSupports East Moriches Middle School’s Penny WarTheEastMorichesMiddleSchoolrecentlyheldaPennyWartoraisefundsforthemosaicthathangsintheirentrancehall.Injustoneweek’stime,studentsraisedover$3600.TFCUthenadded$1,000,themaximumagreeduponmatch,tothistotal.

Inaceremonytorevealthemosaic,TFCUpresentedtheschoolwith their check and congratulated the students for a job well done!

Pictured along with East Moriches Middle School Principal, Mike Carlson, is TFCU’s Wading River

Financial Services Manager, Suzanne Gillan.

COMMUNITY