Vehicle and Signature Loans Discount up to 2% APR*

(*Annual Percentage Rate)

off regular rates.

As low as 2.99% on vehicle loans and

as low as 8.49% APR. on Signature loans

Come in and select an Egg

to see what your discount will be!

Starts 3/1/2020 thru 5/31/2020

Interest rate based on credit grade.

No EFCU loans refinanced.

All EFCU offices will be

on the following dates in remembrance of:

October 12, 2020- Columbus Day

November 11, 2020- Veterans Day

November 26, 2020- Thanksgiving

December 24, 2020- at noon

December 25-26, 2020- Christmas

December 31, 2020- at noon

January 01, 2021- New Years Day

October 2020

December 2020

Newsletter

SHOPPING FOR A CAR? Rates as low as

1.99% APR (annual percentage rate)

NO EFCU LOANS REFINANCED interest rate based on credit grade

NO PAYMENTS FOR 60 DAYS

Rates as low as 5.99% APR

(*Annual Percentage Rate) $1,000.00 minimum Interest Rate

based on credit grade NO EFCU loans refinanced 10-01-2020 thru 12-31-2020

Skimming Devices are Every Where

Please be careful especially at the gas pumps. They have been found at local gas

stations.

Gas-pump skimming is an old crime making a comeback, and your card may be at risk. Since skimmer devices are almost invisible, they can be difficult to spot. And Bluetooth technology

lets the scammer remotely obtain the info it collects from as far as 100 yards away. While EMV-enabled cards are more commonplace, gas stations have until 2020 to update their systems, making them vulnerable. Protect yourself against this hack by learning about

card skimmers. How it works

Hackers usually outfit the pump farthest from the convenience store with their skimmer. This way, they are out of the range of any security cameras at the shop’s entrance. The hacker

places a skimming device on top of the pump’s card reader or inside the pump itself, and then leaves the area.

Choose your payment method wisely You may seek extra protection by using a credit card or cash to pay at the pump. A credit card

lets you easily dispute fraudulent charges. The safest payment method might be cash, but remember that it cannot be replaced if lost

or stolen. How to spot a skimmer

If you don’t like the idea of using cash, you can still protect yourself by being on the lookout for skimmers. If something looks suspicious, don’t use that pump!

4 ways to spot a skimmer: 1. Use your eyes. Do numbers on the PIN pad look newer or bigger than the rest of the

machine? Does anything look like it doesn’t belong? Is the fuel pump’s seal broken? 2. Check the tape. Many gas stations place serial-numbered security tape across the dispenser to protect their pumps. If the tape has been broken, or there’s no tape on the dispenser at all,

it’s likely been compromised. 3. Use your fingers. Feel the card reader before sliding your debit card into the slot. Do the

keys feel raised? Is it difficult to insert your card? 4. Use your phone. There are several free skimming apps, like Skimmer Scanner, that can scan

a card reader for a skimming device and alert you if one is found. You can also check your phone’s Bluetooth for any strange letters or numbers appearing under “other devices.”

General card safety It’s always a good idea to practice general safety when using a card to pay at the pump.

Choose the pump closest to the store and always cover the number pad with your hand when inputting your PIN. It’s also a good idea to periodically check your account statements for

suspicious charges. :)

Here are three of the most common mistakes people make and how to fix them:

The mistake: Racking up credit card debt

When all of life’s pleasures are just a swipe away, it’s easy to rack up huge credit card bills. The fix: Stop using your credit cards

Create a budget to monitor your discretionary spending. Stop swiping credit cards and stick to debit or cash only.

The mistake: Ignoring your credit score Aggressive credit card usage may have handicapped

your credit score, making getting a large loan difficult. A poor score will also burden you with an unfavorable

interest rate for these loans. The fix: Know your score and pay down your credit card

debt Begin by monitoring your score. Next, work on paying off

credit card debt instead of only making the minimum payments. Choose one bill to pay down first and make the largest payment your budget allows. Once you’ve paid it off, work on the next bill until you’ve paid it off

and repeat until there’s no more debt. The mistake: Skipping student loan bills

When you’re facing a huge debt and have an entry-level salary, it’s tempting to just pretend the debt doesn’t

exist. The fix: Work it into your budget

Call your lender to work out a more feasible payment plan and check if you qualify for a student loan

forgiveness program. Most importantly, make payments a part of your debt payment plan so you never miss a

payment again. Three more mistakes & fixes next quarter newsletter.

HOW’S YOUR EMERGENCY FUND?

Many people wonder how they can build an emergency fund when they’re trying to pay off debt. It isn’t as hard as you might think. The strategy is to start small, change a few habits, and change your mindset. If your starting from scratch, begin by saving one month’s worth of living expenses while paying the minimum on your credit cards. When you have that first month of emergency funds started, pay more than the monthly minimum until you pay that credit card off. Also think about the following: ✓ Treat savings as a bill. Figure out what you can

afford to save each month and stash away $75, $50, $25, or even $10 a month. The amounts add up and can become habit forming. As your financial situation improves, increase the amount.

✓ Automate it. Set up an automatic transfer to your emergency funds account.

✓ Give savings a garage-sale boost. Purge all that stuff you no longer want and schedule a garage-sale. Both your house and your savings will look better.

✓ Think of it as a life jacket. If you can’t find that initial spark to get started, ask yourself how you’d pay your bills if you lost your job tomorrow. Having an emergency fund will help you keep “your head above water.”

Remember Everyone’s Federal Credit Union is here to help you with all your savings needs. Call us, we’re there for you!

We all lead busy lives and have hectic schedules. Sometimes there are simply not enough hours in a day to make all our appointed rounds! That’s why Everyone’s Federal Credit Union is offering

the convenience and flexibility of 24-hour Online Account Access to our members.

From within our secure Online Account Access section, members are able to:

• Mobile Banking

• Check account balances

• Inquire on account history • Transfer funds between accounts

• Pay your bills electronically using Online Bill Pay • Make loan payments with our Credit Union

• Search, see and print cleared checks

• Get cleared check listings to balance your account • Get electronic statements

• Change your personal access password • Opt-In to Text Banking

• Export the information into personal finance software such as QuickBooks or Quicken

* * * * A p p l i c a t i o n H o l i d a y L o a n E x t e n s i o n * * * *

N o v e m b e r 1 5 , 2 0 2 0 – J a n u a r y 1 5 , 2 0 2 0 Account Number__________ Loan #_________

Print Member Name: _______________________________________

** Holiday Skip-a-Payment Extension-Limited - one month only - per loan **

(Title Loans- GAP insured-not available after 1st 2 extensions/Holiday-Skip Pay)

(Not available for Mobile Home Loans, Holiday Recovery Loan, Business Loans,

Summer Vacation, & Back 2 School)

I'm requesting that an extension be granted on the above loan. ** I request this extension be effective for my ___/____/20____ Loan Payment.

[$35 Application Fee required to process.-returned if request denied]

Required Member's Signature____________________________________

Date_______________

Approved ______Denied_______ Loan Officer's Signature_______________________________

Guidelines: No holiday loan extension will be granted if your loan is over 10 days delinquent or if you have ever been over 30 days delinquent on your Current loan or if you have had (2) Holiday Extensions on this loan before

this promotion.

Holiday Loan Extension Fee: $35 Application Fee required to process. returned if request denied

Disclosure: Interest will continue to accrue on the unpaid principal of the loan and will extend the maturity date that is shown on the loan.

ATTENTION: If you have GAP insurance on a vehicle loan---you will only be allowed 3 total extensions on the life of your loan which includes Holiday

Skip-a-payment.

Note: Please mail, fax or drop this form by the office. You will be advised when the request is approved or denied.

SEASONS GREETINGS from your staff

at

Everyone's Federal Credit Union