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SERVING THE COMMUNITY IN LEHIGH AND NORTHAMPTON COUNTIES
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PEOPLE FIRST CARES
5th Annual People First
Golf Classic
Convenience Services Spotlight:
eTellers
Come Visit Santa at the
Devonshire Office!
Saturday, December 12, 2015
10:00 AM to 2:00 PM
Love My Credit Union Rewards
BALANCE
Preparing Your Finances
for Homeownership
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Shop & Save with a People First
2.9
Visa® Platinum Credit Card!
%
APR
Introductory Rate*
Save on Purchases, Balance
Transfers and Cash Advances!
Finish up your shopping list or transfer
the balances from your higher rate cards.
Begin saving today!
TO APPLY:
䡲 Visit PeopleFirstCU.org
FOR 6 MONTHLY BILLING CYCLES
䡲 Call our 24-Hour Loan Center
at 1.877.531.5126
䡲 Stop in at any Branch Location
Act now, this promotion for NEW
cardholders ends February 29th.
Let People First Help You Buy the
Home of Your Dreams...
Enterprise Car Sales Offering
Great Prices to Celebrate
the Holiday Season
Stocking Stuffers & Gift Ideas
Finance Your Next Vehicle
with People First
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Chip Cards are Coming
to People First in 2016
Mark Your Calendar
HOLIDAY CLOSINGS:
Friday, December 25, 2015
Saturday, December 26, 2015
Christmas Holiday
Friday, January 1, 2016
Saturday, January 2, 2016
New Year’s Holiday
Special Holiday Hours:
Christmas Eve & New Year’s Eve
9:00 AM–1:00 PM
*PROMOTIONAL PERIOD FOR INTRODUCTORY ANNUAL PERCENTAGE RATE (APR): The 2.99% Introductory APR for balance transfers, cash advances and puchases will
apply to transactions posted to your new Visa® Platinum or Visa® Platinum Rewards credit card. Application must be received between December 1, 2015, and
February 29, 2016 to qualify. Offer only available for new cardholders that are issued between 12/1/15 and 2/29/16. Cash advances, balance transfers and
purchases will accrue interest at 2.99% APR for six billing cycles from the Visa® open date; any remaining balance will begin to accrue interest at the qualified
standard variable rate. Rates are subject to change. Payments will be applied as stated in your Visa® Consumer Credit Card Agreement & Disclosure. Any existing
balance on current People First Federal Credit Union loan and/or credit card accounts are not eligible for the introductory APR.
Applicant’s standard rate will be based upon credit evaluation. The Variable Rate is based on the highest Prime Rate as published in the Money Rates section of the
Wall Street Journal on the last business day of each calendar month (“Index”) plus a margin from 5.65-14.65 for the Non Rewards card and a margin of 6.65-9.65 for
the Rewards Card. The Index plus the Margin equals the Interest Rate. Changes in the Index will cause changes in the Interest Rate on the first day of the billing cycle
that immediately follows any such change in the Index. Increases or Decreases in the Interest Rate will cause like increases or decreases in the Finance Charge and
will affect the number of your regularly scheduled payments. This information is accurate as of December 1, 2015 and subject to change after that date.
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5th Annual People First Golf Classic
People First held our 5th Annual People First Golf Classic on Monday,
September 28 at Woodstone Country Club. At the event, we raised over
$10,000! The proceeds benefited Allentown Rescue Mission and
Community Bike Works. Thank you goes out to our sponsors and all of
the golfers who came out to play.
M E M B E R E D U C AT I O N
Preparing Your Finances for Homeownership
As exciting as buying a home is, it is also a serious
decision that requires quite a bit of planning. Therefore,
long before you make an offer on your dream property,
know how much you can afford to pay for housing
costs, accumulate enough cash for pre-purchase
expenses, and make sure your credit history and score
is attractive to lenders.
Determine a Comfortable Monthly Housing Payment
Convenience Services
Spotlight:
eTellers
If you have visited our newest branch in Bethlehem Township you
probably have noticed the state of the art eTellers. eTellers will
conduct many simple transactions like depositing checks and cash
without envelopes, transferring funds between accounts and printing
account history.
Coming in 2016, The NEW Trexlertown branch will have these
eTellers in addition to dual drive through lanes and a drive-up ATM
machine. The new location will be located in the Trexler Plaza 2, near
the GIANT Food Store and Gas Station. This shopping plaza is directly
behind our current location. The address of this new location is
7150 Hamilton Boulevard. At People First, Convenience matters... and
we continue to be available when you need us most.
One of the most important steps in preparing for homeownership is
understanding how much you can afford to pay for monthly housing costs.
Many people jeopardize their financial security by overestimating the amount
they can realistically handle.
Determine your comfort zone by analyzing your cash flow. List and total your
monthly expenses, then subtract that figure from your monthly net income. If
you’re like most people, you’ll need to track your spending for at least a few
months to be accurate.
Your mortgage payment plus all related housing costs should fit easily into
your budget. Project for maintenance and increased utility expenses, especially if you intend to move into a larger home than you are in now. As a rule of
thumb, total housing costs (mortgage, property taxes, homeowner’s insurance,
utilities, upkeep, etc.) should be no more than 35 percent of your net pay.
Therefore, if your household income is $2,200 per month, a safe figure is $770.
If its $3,900 a conservative sum is $1,365.
Save for Pre-purchase Expenses
Santa is Visiting
People First!
When:
Before you buy, you will need enough cash for a down payment, closing
costs, and at least a few months’ worth of mortgage payments in reserve.
Consider what you may need for such extras as moving costs, repairs, and
furniture too.
In most cases, the down payment will be your biggest expense. While putting
20 percent of the purchase price down may not be required, the more you put
down, the less your mortgage payment will be and the better loan you may get.
If your down payment is less than 20 percent, you may either have to purchase
mortgage insurance until you build up 20 percent in home equity, or obtain a
second loan to cover the remaining 20 percent. Closing costs are often
between three to five percent of the purchase price.
It can take months or even years to accumulate enough for the home you
want, so if you don’t have what you need saved now, start setting aside money
on a regular basis. Break down the goal amount by your purchase time frame.
For example, let’s say you need $8,000 to buy a home one year from today. You
currently have $4,500, and so need an additional $3,500. If you set aside $292
per month beginning today ($3,500/12 = $292), you will reach your goal.
Saturday, December 12, 2015
10:00 AM to 2:00 PM
Where: Devonshire Office, 2141 Downyflake Lane
Allentown, PA 18103
Each child will receive a
photo with Santa, Holiday
balloon, and a Candy
Cane! Please bring a
donation for the Second
Harvest Food Bank.
Get Your Credit in Order
Your credit rating is a primary factor in qualifying for a mortgage, so pull
copies of your report from Experian, TransUnion, and Equifax at least three
months before you intend to buy. You can get a free copy of your credit report
from each of the bureaus once every 12 months from Annual Credit Report
Request Service (www.annualcreditreport.com/877-322-8228). Read each
report carefully to make sure all information is accurate. Errors can significantly
impact your ability to get a desirable home loan. If there is incorrect
information on your reports, immediately dispute it with the bureaus.
This process can take several months.
Also know your credit scores. The most commonly used score is the FICO,
which was developed by Fair, Isaac and Company. It ranges from a low of 300
to a high of 850. In general, the higher your score, the easier it will be for you to
get a mortgage loan with a low rate of interest.
Access your scores for free from Annual Credit Report Request Service, or
buy your reports from the credit bureaus:
Equifax - www.equifax.com / 800-685-1111
Experian - www.experian.com / 888-397-3742
TransUnion - www.transunion.com / 800-916-8800
If the information on your report is negative but accurate, take action to
improve your credit. It may make sense to delay home purchase until your
credit report looks positive to lenders. You can make a major difference to your
score in as few as 12 months by using credit regularly, paying all accounts on
time, repaying any collection accounts you may have, and keeping balances at
zero or well under the credit limit.
After you know what you can afford to spend on a home payment, you’ve
saved enough for the property you want, and your credit is attractive to
lenders, you are ready to begin shopping for that special piece of real estate!
LO
OVE MY
CREDIT UN
NION
REW
WARDS
S
Mem
mbers have saved over $1.4 billion
with Love My Cre
edit Unio
on Rewards.
Start ssaving today at LoveMyC
CreditUnion.org
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Let People First Help
You Buy the Home
of Your Dreams...
Stocking Stuffer & Gift Ideas...
This holiday season, give a gift that is sure to
please. Discounted Tickets from People First are
an easy, inexpensive alternative for that person
you can’t seem to find something for.
We offer a variety of Mortgages, including
programs for first time home buyers.
䡲 Fixed-Rate Mortgages
䡲 Adjustable-Rate
Mortgages (ARMs)
䡲 FHA Mortgages
DISCOUNTED MOVIE TICKETS
Remodeling Mortgages
Construction/Permanent
Mortgages
䡲 Refinance Mortgages
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Apply Online at PeopleFirstCU.org or schedule an appointment to
meet with a Real Estate Product Specialist 610.797.7440 Ext. 612
1713 Lehigh Street
Allentown, PA
484.661.4555
OUR PRICE
AMC Theatre1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$8.00
Carmike Cinemas1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$7.50
Regal Entertainment Group1 . . . . . . . . . . . . . . . . . . . . . . . .$8.00
䡲
䡲
Additional charges may apply with discount tickets at
theatre for 3D movies or IMAX.
VISA® GIFT CARDS
These cards can be used
anywhere Visa® is accepted.
There are several designs to
choose from and you can
purchase cards with values
from $10– $500.
ENTERTAINMENT BOOKS
The Lehigh Valley edition of the 2016
Entertainment Book will be for sale at
all People First locations for a price of
$
30. Proceeds benefit Camelot for
Children, Inc.
CUAutoDeals.com
HERSHEYPARK
“CHRISTMAS
CANDYLANE”
The magic of the holidays comes to
life with our biggest and brightest
Hersheypark Christmas Candylane yet! Enjoy more than 4 million
twinkling lights and fun rides for the whole family. Tickets can be
purchased at People First for $14.85.
Finance
Your Next
Vehicle with
People First
Holiday Season!
GREAT PRICES TO CELEBRATE
the
tes as low
as
1.49
TO APPLY:
for up to
36 months
%
APR 2
Visit PeopleFirstCU.org, call our
24-hour Loan Center at 1.877.531.5126 or receive People First
financing on-the-spot at any of our Preferred Auto Dealers.
For a complete list of dealers visit PeopleFirstCU.org
GET PRE-APPROVED TODAY
Apply online, call our 24-hour Loan Center at
1.877.531.5126 or visit any branch location.
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• 12-MONTH/12,000 MILE LIMITED
POWERTRAIN WARRANTY.*
• VEHICLE CERTIFICATION.
• 12-MONTH ROADSIDE ASSISTANCE.**
NEW &
USED AUTO
Ra
• FREE CARFAX® REPORTS.
• 7-DAY REPURCHASE AGREEMENT.***
And, you’ll never have to
haggle about prices.
*Limited Warranty begins on the vehicle purchase date and extends for 12 months or
12,000 miles, whichever comes first. Restrictions apply. For details, see an Enterprise Car
Sales Manager. **Enterprise 12-Month Unlimited Mileage Roadside Assistance Package
is provided by the American Automobile Association (AAA) and its affiliated clubs in the
United States and Canada. ***For a period of seven days after the date of delivery or
1,000 miles beyond the odometer reading at delivery, whichever comes first, the vehicle
may be returned for the exact price originally paid minus a $200 documentation and
cleaning fee (as allowed by law). Restrictions apply. For details, see an Enterprise Car
Sales Manager. The “e” logo, Enterprise, “The Perfect Used Car Package” and “Hagglefree buying. Worry-free ownership.” are trademarks of Enterprise Holdings, Inc. All other
trademarks are the property of their respective owners. © 2015 Enterprise Car Sales.
3
The Annual Percentage Rate (APR) stated above
is the lowest rate offered for this product. Rates
are based on an evaluation of applicant
credit. Actual rates may vary. Rates are
accurate as of November 1, 2015
and are subject to change.
Other rates and terms are
available. A 36 month
new auto loan for $15,000
with an APR of 1.49%
has a monthly payment
of $429.57. A better
People Perks rate may
be possible based upon
your relationship with
People First FCU.
O F F I C E L O C AT I O N S
HOURS & NUMBERS
BETHLEHEM OFFICES
Monday-Wednesday: 9:00 AM to 5:15 PM
Thursday: 9:00 AM to 6:00 PM
Friday: 9:00 AM to 7:00 PM
Saturday: 9:00 AM to 12:00 PM*
1530 Eighth Avenue, 4150 Easton Avenue,
Bethlehem, PA 18018 Bethlehem, PA 18020
DEVONSHIRE OFFICE
2141 Downyflake Lane,
Allentown, PA 18103
*Our Sacred Heart branch will not be open Saturdays.
NAZARETH OFFICE
610.797.7440 or 1.800.446.5598
#1 Tellerphone (PIN required)
#2 Loan Application Options
#3 Member Service Center
#4 Saving & Loan Rates
Hours and Locations
Report a Lost/Stolen Visa Debit /ATM Card
1.800.754.4128
Report a Lost/Stolen Visa Credit Card
1.800.325.3678
4066 Jandy Boulevard,
Nazareth, PA 18064
TREXLERTOWN OFFICE
Trexler Mall, 6900 Hamilton Boulevard,
PO Box 756 Trexlertown, PA 18087
WHITEHALL OFFICE
3682 Crescent Court East,
Whitehall, PA 18052
SACRED HEART HOSPITAL
Medical Office Building,
451 Chew St., Suite 204,
Allentown, PA 18103
= Drive-up ATM
= Night Depository
= Safe Deposit Boxes
= Walkup ATM & Teller Service
MAIN NUMBER
APPLY FOR A LOAN
PeopleFirstCU.org (All Loans)
24-Hour Loan Center 1.877.531.5126
(except Home Equity loans)
BANK ROUTING NUMBER
2313 7911 5
Website
PeopleFirstCU.org
Information Content: Product and Service Information, Deposit
& Loan Rates, Loan Applications and Payment Calculators
BOARD OF DIRECTORS: Joseph J. Preisler
Gary M. Haas
Chairman of the Board
Robert W. Nolter
Vice-Chairman
Frederick A. Molchany
Treasurer
Assistant Treasurer
Dale O. Pickering
Secretary
Joseph Dragovits
Emrich Stellar
Board Members
Federally insured by the National
Credit Union Administration.
Q4 | 2015
Shop &Save with a People First
Visa® PlatinumCredit Card
Introductory Rate of 2.9%APR
for 6 monthly billing cycles.
Chip Cards are Coming to People First in 2016...
EMV Chip Cards are coming to People First! We are currently in the final testing phase and will be rolling
out the new cards beginning early 2016. When your current credit card has expired and will be up for renewal,
you will receive the new Chip Card. For more information on chip cards,
visit the EMV migration forums website GoChipCard.com
What you can expect as Merchants start accepting
Chip Card Transactions:
䡲 Larger merchants will be among the first to deploy chip-activated terminals,
with more merchants deploying them over the next few years.
䡲 You can still swipe your chip-enabled card using the magnetic stripe on
the back of the card at merchants who haven’t updated their terminals.
䡲 When you swipe your chip-enabled card at a chip-activated terminal,
the terminal will prompt you to insert the card into the chip slot instead.
䡲 Use your card for payment over the phone or online just like you always have.
䡲 Insert or swipe – you’re always protected from unauthorized transactions
with Visa’s Zero Liability Policy.
PRSRT STD
U.S. POSTAGE
PAID
LEHIGH VALLEY, PA
PERMIT NO. 308