A quarterly eNewsletterApril 2019

MEMBER CONNECTIONS

Welcome to Member Connections, the quarterly e-newsletter from Community Resource Federal Credit Union.

Community Resource FCU takes pride in keeping our members in the loop on news, events and advice. Each edition of the newsletter will feature financial tips for you and your whole family. Plus, you can find upcoming events and important announcements. Take a look!

Upcoming Seminars & Events

April 17 HomeBuyers Seminar at the Latham Branch May 4 Take Steps Walk to support Crohn’s and Colitis at The CrossingsMay 7 Social Security and You Seminar at the Latham Branch May 15 Kickball Tournament to support Albany PAL at Hoffman Park, AlbanyJune 4 How to Avoid Common Mistakes in Planning for Retirement at the Latham Branch

Visit the events page of our website often for registration information and future educational or community events.

National Credit Union Youth Month is the perfect time to open accounts for your kids, grandkids, nieces and nephews to teach them the value of saving. When you make a deposit this month into a youth account, kids will be entered to win $100 cash in the National Youth Savings Challenge drawing, plus other fun contests.

CRFCU is committed to educating our youth about responsible money habits. We offer youth accounts for kids of all ages, as well as young adults. Below is a listing of all available products/services for our youth members:

Youth Savings Account Youth Savings Award Program

Good Grades Rewards Teen Savings Account

Teen Checking Account College Planning Center

First Time Car Buying Program Youth/Teen Share Certificates (only $100 to open!)

Visit our website at communityresourcefcu.com for a listing of all contests.

It’s time to celebrate our youth!

https://communityresourcefcu.com/events/https://communityresourcefcu.com/youth-savings/https://communityresourcefcu.com/youth-rewards/https://communityresourcefcu.com/youth-rewards/https://communityresourcefcu.com/teen-savings/https://communityresourcefcu.com/teen-checking/https://partner.lendkey.com/communityresource/studenthttps://communityresourcefcu.com/auto-loans/https://communityresourcefcu.com/certificates/https://communityresourcefcu.com/2019-cu-youth-month/

Refinance Your Existing Loan and Save!

Auto refinancing is the process of paying off your current car loan with a loan from a new lender. If you would like to save some money each month or if you are struggling with your car payments, now could be a great time to refinance your existing auto loan that was not preivously funded by Community Resource FCU.

Most people refinance to save money but this goal can mean different things to different people. If you keep the term the same and are eligible for a lower interest rate, you could save time and money each month and possibly thousands over the life of the loan. You can also choose to extend your term to get your monthly payments even lower, but keep in mind this could cause you to pay more money in interest over the life of the loan.

Estimate your monthly payment with our auto refinance calculator to see if you can save money by refinancing with us. Whatever you’re looking for, let us help you find opportunities to save.

Applying is fast and easy. Apply online at communityresourcefcu.com.

Refinance your current vehicle loan from another financial institution with

Community Resource FCU and receive $100! *

*$10,000 minimum loan is required to obtain $100 bonus. Bonus will be deposited into member’s checking or savings account within 30 days of loan disbursement. Cash bonuses are non-combinable with other offers. Offers are non-transferable. Current

CR CU loans are not eligible. Offers ends 8/1/19.

Limited Time Offer!

https://communityresourcefcu.com/auto-loans/https://communityresource.balancepro.org/resources/calculators/refinance-interest-savings-calculatorcrfcu.groovecar.com

Know of someone who could benefit frommembership at Community Resource FCU? We’ll give you both $50* when that person becomes a new member.

Hurry, this offer may not last long!Visit our website for further details.

*New Account Referral Disclosure: Only one bonus for eachperson referred will be awarded regardless of how many accountsthe person you referred opens. The new account holder must openchecking account with direct deposit, a CRFCU loan, a MoneyMarket Account or Share Certificate. The $50 will be deposited intoboth the referring member’s account and the new accountholder’saccount upon direct deposit verification, loan disbursement orsavings account opening. Offer subject to change without notice.Cannot be combined with other offers. For more details, speak to aFinancial Service Representative.

Here at Community Resource FCU, we recognize the sacrifice our military and first responder families make every day. Your service and sacrifice means so much to our community. As a

small thank you for your service, we offer the following:

.25%* off all Consumer and Personal Loans .25%* bonus on all Share Certificates

*The above discount is not applicable on variable rate products.

50/50 Member Connect

Did you know....

Savings Made Simple

Lucky Savers: 12 month Share Certificate

$25 to open 2.10% APY*

Each $25 deposit earns you a chance to win up to $5,000

SaveUp: Just use your debit card, make an ACH transaction or write a check, we’ll round up your purchase to the next dollar and

put your spare change into an interest bearing account.**

Youth/Teen Accounts Money from birthdays, First Communion, gifts from grand-parents? From a simple savings account to a share certifi-cate you can add to, the youth certificate is a great way to teach kids about long-term financial goals. You can open

this certificate for as little as $100.

You can control your debit card in real time, right from your smartphone? If your debit card is lost or stolen, you can put a block on the card to temporarily disable usage of

your card. Use this feature while traveling, when you know of a potential data breach at a merchant where you shopped, or to prevent unauthorized use.

*APY = Annual Percentage Yield. Other Share Certificate rates and termsalong with disclosures can be found at communityresourcefcu.com/rates.

Certain restrictions may apply. **Minimum to earn interest is $100.

Get $50 for every person you refer to us, and the new member gets $50 too!

with our network of

Shared Branch

locations.

https://communityresourcefcu.com/military-leo-ff-ems-discounts/https://communityresourcefcu.com/special-savings-programs/https://communityresourcefcu.com/special-savings-programs/https://communityresourcefcu.com/youth-savings/https://communityresourcefcu.com/member-connect/https://communityresourcefcu.com/our-locations/

Community Resource FCU’s Mobile Banking app is free to download and offers you the ability to do almost anything you can do at a CRFCU branch.

• View balances of checking/savings accounts• Transfer funds between CRFCU accounts• View your account transaction history• Pay your CRFCU loans on the go• Pay bills for free with no monthly fees• Deposit checks in a matter of moments• Enable/Disable your debit card• Locate branches & ATMs• Set up eAlerts and notifications

Can i deposit a check using my mobile phone?

Yes, to use Mobile Check Deposit, log into the CRFCU Mobile app. On an iPhone, locate the camera icon at the bottom of the screen: on an Android, locate Remote Deposit in the menu. Click deposit check, agree to the disclosure, take a clear photo of the front and back of the check and tell us which account you would like the check deposited into. Once you have put in the deposit information and description, just tap DEPOSIT CHECK. Please note: You must endorse the check with your signature, “FOR MOBILE CHECK DEPOSIT ONLY AT CRFCU” and your account number for the check to be accepted.

How Technology Can Help Your Budget When almost all of us have to carry our phones with us everywhere, why not get the most of yourtechnology and let it save you some money! There are lots of ways to benefit financially from your devices:

Smart Shopping Online: Impluse buys when you are out and about at a store can really rack up extra costs. Because retail stores have to keep the lights on, the products are often sold at much higher margins than what you can buy online. Always do your research before making a purchase in a store.

Specials through Email and Social Media: Sometimes an inbox full of emails can be overwhelming but when it’s filled with discounts and special sales, it can be worth it. A business wants to keep you coming back, so they often implement retention programs that give special offers to returning customers. It’s also a good idea to follow

your favorite stores and brands on social media, because you can get great offers that way too!

Rewards & Loyalty Programs: If you always shop at the same few stores, it can really make a difference signing up for free programs or apps that provide discounts to regular customers.

Want more tips on how you can save money with technology? Visit our Member Learning Center for helpful tips, advice and more articles just like this one.

Bank Anywhere with CRFCU’s Mobile Banking

Download the app today to begin!

https://itunes.apple.com/us/app/community-resources-mobile/id813957362?ls=1&mt=8https://play.google.com/store/apps/details?id=com.cmcflex.ftmobile.crf

Home Equity vs. HELOC - Know the difference!Do you want to pay off your high-interest debt all at once? Searching for ways to pay for that new pool, kitchen renovation, roof replacement or bathroom upgrade? If you don’t have that kind of cash available, you may look to your biggest asset, your home, for the funds.

The first step to tapping into those funds is to understand the difference between a home equity loan and a home equity line of credit called a HELOC.

A home equity loan is considered a second mortgage. You can receive one lump sum at a fixed interest rate. You are expected to pay it back within a certain time frame with flexible repayment options and terms.

A home equity line of credit functions more like your credit cards and uses your home as the collateral. You apply for the line of credit and the lender will assign you a maximum amount that you can borrow. The lender then gives you a set of blank checks you can use to withdraw funds. Unlike the home equity loan, the line of credit allows you to borrow what you need, as you need it, up to the full amount you are approved for.

If you’re considering tapping into your home’s equity, be sure to know the pros and cons. No matter which home equity product you choose, only borrow what you need to accomplish your goals. Are you ready to begin on those home projects and want more information? Contact our Real Estate Specialist to decide which option is best for your financing needs.

*Offer valid for pre-qualification issued between April 1st and April 30th. You must apply for your home loan with us before theexpiration for your pre-qualification (120 days). $475 credit to be applied towards closing costs at the time of the closing. Loansthat do not close will not be eligible to receive the promotion.

Get pre-qualified for a home purchase in the

month of April and receive $475 off of

closing costs.*

Call today to speak to a Financial Service

Representative.

SPRING INTO HOME OWNERSHIP

Did you know that you can use a home equity loan to take that dream vacation, pay for college, home improvements, renovations/upgrades or to consolidate debt?

https://communityresourcefcu.com/home-equity-loans/https://communityresourcefcu.com/home-equity-loans/

Membership has benefits!

Community Resource has partnered with a variety of trusted partners to offer our members a ton of great discounts to help you save on the products and services you use the most. Here are some of the discount programs and special offers available to our members:

$100 for every new line activated

Get a smoke communicator and

$100

Save on home and auto insurance

Save $5 when you use the Credit

Union link

Save on all your entertainment options!

Visit the Member Perks section of

our website for a full list of available

discounts.

Pay off your credit and department store cards and move the balances to Community Resource FCU at a fixed rate at simple interest. SimplyCredit is more than just a debt consolidation, its the smartest way to use your cards.

How it works:

• Apply for a new Community Resource FCU line ofcredit with one low rate with simple interest.

• Enroll your cards and we’ll transfer the balancesto your new line without any fees.

• Keep using your cards, earning points andrewards. Each month, we’ll pay your cards in fullfrom your new credit line.

• Make one monthly payment to your new creditline, quickly paying down balances whileimproving your credit score.

Apply online today at crfcu.mysimplycredit.com

SimplyCredit Pay My Cards RaffleFrom April 16 - May 17,

SimplyCredit and CRFCU will be offering two $50 Amazon gift cards

through the Pay My Cards raffle!

How to enter: Apply for a SimplyCredit account at

crfcu.mysimplycredit.com, transfer a higher rate card of $500 or more

and you will be automatically entered into the raffle.

SIMPLYCREDIT FOR YOUR CREDIT CARD DEBT CONSOLIDATION

https://www.lovemycreditunion.org/SprintCreditUnionMemberCashRewards?utm_medium=social-post&utm_campaign=LMCUR_Sprint&utm_source=Facebook-paid-ad&utm_content=March-22&utm_term=Sprinthttps://www.lovemycreditunion.org/https://www.lovemycreditunion.org/TruStagehttps://www.myimprov.com/defensive-driving/new-york/https://communityresourcefcu.com/credit-card-services/simplycredit/https://crfcu.mysimplycredit.com/crfcu.mysimplycredit.com

The Credit Union Experience: Benefits of Credit Union Membership

Member owned - you are more than a member, you are part owner!

Not-for-profit - we operate to promote the well-being of our members. Any profits are returned back to the members in the form

of reduced fees, higher savings rates and lower loan rates.

Community Involvement - we provide financial education. Our staff have

volunteered over 500 hours of time and raised over $20,000 for community

organizations.

We offer the biggest free ATM network in America with access to over 55,000 surcharge free ATMs and 5,500 shared branch locations.

At CRFCU we pride ourselves on being small enough to know you but big enough to bring the world to your fingertips. This means we can offer you honest, personalized advice to

make your financial future brighter.

Community Resource Hours & Locations: Latham

20 Wade Rd., Latham, NY 12110

Monday 8:30 - 4:30 Tuesday 8:30 - 4:30 Wednesday 9:30 - 4:30 Thursday 8:30 - 6:00 Friday 8:30 - 6:00 Saturday 9:00 - 1:00

North Greenbush 631 Bloomingrove Dr., Rensselaer, NY 12144

Monday 8:30 - 4:30 Tuesday 8:30 - 4:30 Wednesday 9:30 - 4:30 Thursday 8:30 - 4:30Friday 8:30 - 6:00 Saturday 9:00 - 12:00

Holidays

Monday, May 27 Memorial Day Thursday, July 4 Independence DayMonday, Sept. 2 Labor Day Monday, Oct. 14 Columbus Day Monday, Nov. 11 Veterans Day Thursday, Nov. 28 Thanksgiving Day Wednesday, Dec. 25 Christmas Day

Important Phone Numbers

Latham Branch: 518.783.2211 Greenbush Branch: 518.283.2211

NMLS #779828Routing Number: 221373338

Thank you for choosingCommunity ResourcFederal Credit Union

for your financial needs.