BUILD YOUR BUSINESS WITH FIREFLY.
THE VALUE OF
YOUR MEMBERSHIP.
$17,965,086
When it comes to your business, meeting your bottom line and reaching your goals are what’s most important. That’s why Firefly offers a
variety of products and services designed to fit the unique needs of your business, with the resources it takes to get the job done.
AVERAGE INDIVIDUAL MEMBER VALUE:
$291
Firefly members are benefitting from the products listed below. Why not join them?
If you have accounts at other institutions, moving them to Firefly may add value to your membership.
AVERAGE ANNUAL MEMBER VALUE
Personal Loan
$32
Rewards Credit Card
$98
Checking
$106
Vehicle Loan
$390
Mortgage
$756
Home Equity Loan
$170
A FRESH PERSPECTIVE ON YOUR FINANCES.
Firefly has the solutions you need to meet your business goals.
At Firefly, we help you accomplish your dreams by putting more money back in your pocket and offering financial solutions that make
it easier to manage your money and life. As a credit union, we invest directly in our members, as opposed to stockholders — and our
profits are retuned to you in the form of lower rates, higher returns and fewer fees. In 2016, we are proud to say we delivered our entire
membership nearly $18 million in value – that’s an average of $291 per member!
2016 COLLECTIVE MEMBER VALUE:
MINTED.
Whether you’re looking to save, spend or borrow, Firefly has options to help you every step of the way, so you never miss a beat. Based in
the Twin Cities, we offer fast turn arounds and flexible terms – plus, our competitive rates put us above our competition.
BUSINESS SAVINGS
Strong savings give your business
financial flexibility.
BUSINESS CHECKING
Easy access to your money no matter
where your business takes you.
BUSINESS LINE OF CREDIT
Gain peace of mind with flexible terms
and competitive financing.
Start taking care of business with Firefly today by contacting us at (952) 736-5202 or [email protected]!
Visit fireflycu.org to browse all of our Business products and services. YOU’RE BUILDING YOUR LIFE.
WE’RE HERE TO HELP ALONG THE WAY.
Finding the right fit for you and your family is important, so we offer financing
options that make your search easier. From your starter home to your vacation
getaway, mortgage refinancing to home renovations, Firefly has the lending you
need to build your life and more.
• FIXED- AND ADJUSTABLE-RATES
• FIRST TIME HOME BUYER PROGRAM
• HOME EQUITY LOANS AND LINES OF CREDIT
Plus, the more you use Firefly, the more you value you receive.
Last year, members with three or more unique products received
on average about $443 in value.
Learn more about the value of your membership at fireflycu.org/value
and make sure to visit fireflycu.org/valuecalc to uncover the additional
value you could enjoy!
• HOME IMPROVEMENT LOANS
Settle into your perfect home with a great Firefly home loan.
Learn more by contacting Firefly Mortgage Services at (952) 736-5220
or visit us online at fireflycu.org.
LEARN THE VALUE
OF YOUR MEMBERSHIP.
OUR MISSION: Working together, we share our 90+ years of experience and understanding
to guide our members toward lifelong financial well-being.
CORE VALUES: RESPECT | COLLABORATION & TEAMWORK | ADAPTABILITY | HARD WORK
Products & Services
Value amount is for illustration purposes only and may vary by individual. Average member value is an estimate of 2016 value among Firefly members based on the
difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as
of 11/30/2016 as reported by Informa Research Services, Inc. Although the information provided by Informa has been obtained from the financial institutions themselves,
the accuracy cannot be guaranteed. See complete details at fireflycu.org/value.
• Deposits
• IRAs
• Loans
• Investments
• Mortgages
• Credit Cards
• Commercial Loans
• Financial Education
• Digital Services
• Member Benefits
Equal Housing Lender. Federally insured by NCUA.
fireflycu.org | (800) 345-2733 | (952) 736-5000 | 1400 Riverwood Drive | Burnsville, MN 55337
LIFE ILLUMINATED.
F I RE F LY CRE DI T UNI O N NEWS LETTER
SPRING 2017
UNDERSTAND MORE
ABOUT YOUR MONEY.
AUTO LOAN
rates as low as
INTRODUCING THE FIREFLY DIGITAL LEARNING CENTER
LIFE
ILLUMINATED.
A M E S S AG E F R O M T H E P R E S I D E N T
I firmly believe in the credit union difference and the exceptional
value a membership can bring to an individual or family. At Firefly,
we deliver value by directly investing in you, our member-owners,
in the form of better financial solutions that make it easier to
manage your money.
As a not-for-profit financial institution, Firefly’s profits are
returned to our member-owners in the form of competitive
loan rates, higher deposit rates, and fewer fees. We recently
compared our accounts with those of leading banks in our market
to determine how much value our members enjoy by choosing
us over other top financial institutions. I am proud to share that
Firefly Credit Union delivered our entire membership nearly $18
million in value in 2016. This equates to an average of $291 in
value each member enjoyed simply by choosing Firefly as their
financial partner.
However, your credit union understands there is more to value
than just a monetary number. Enhanced security, financial
guidance, and convenient access all bring additional value to your
membership. I’d like to share how your credit union has recently
improved efforts in these areas to deliver exceptional value.
ENHANCED SECURITY
Over the past year, Firefly has implemented new security
measures to ensure the continued safeguarding of our cardholder’s
information. To significantly reduce instances of fraud on card
accounts, all debit and credit cards have been upgraded with EMV
chip-technology and card control through SecurLOCK TM Equip.
SecurLOCK Equip is a unique app that gives cardholders the power
to monitor transaction activity right from their phone. Please read
more about this security enhancement in this issue of MINTED.
B I L L R A K E R P R E S I D E N T/C E O
FINANCIAL GUIDANCE
Firefly’s mission is to guide our members toward lifelong financial
well-being and we believe this starts with an understanding
of financial services. That’s why your credit union has hired a
Financial Education Specialist to host community educational
seminars on various financial topics including budgeting, credit
scores, and home buying. Firefly also recently launched an
interactive Digital Learning Center with over 20 different financial
knowledge modules. Please read more about this interactive center in
this issue of Minted.
These new additions will help educate our members on
financial topics, equipping them to make financial decisions
with confidence.
CONVENIENT ACCESS
To increase the accessibility and convenience for the community
we serve, Firefly has recently expanded our branch network to
Chanhassen and Maple Grove. These new branches feature a
unique design to better deliver the guidance and opportunity that
has been at our core since we were founded in 1925. If you haven’t
yet, I encourage you to visit our recently opened locations to enjoy
a reimagined branch experience.
These are just a few of the many ways Firefly has recently
invested in our membership. We will continue to invest in you, our
member-owners, to deliver exceptional value - just as we have for
over 90 years.
92ND ANNUAL MEMBERSHIP MEETING.
TUESDAY, MAY 23, 2017
Firefly Corporate Office
1400 Riverwood Dr.
Burnsville, MN 55337
Business Meeting: 2:30-3:00 p.m.
Refreshments served.
There is no cost to attend. Space is limited – RSVP before May 15 by calling our Annual
Meeting voicemail line at (952) 736-5305. Leave a message with your name, phone
number and the number of individuals attending.
Kristine Ziccardi has been added as a nominee to serve on the Firefly Credit Union
Board of Directors. Ziccardi has over 20 years of experience working in financial
services research and marketing, currently as a Marketing Consultant with Marquis
Software Solutions.
1.99%
APR1
We encounter a number of financial milestones throughout life - using a
credit or debit card for the first time, buying a house, or planning for retirement.
As exciting as those times may be, they can also be overwhelming and a bit
confusing. Gaining knowledge, insight, and advice about various financial
concepts and events can help lead to smarter decision-making when it
comes to your money.
AUTO LOAN
average annual
member value
SMART DECISIONS
$390
FOR THE JOURNEY AHEAD.
2
Firefly provides the guidance and resources to help you understand more
about your money with access to our free, interactive Digital Learning Center.
The selection of brief online modules illustrate financial concepts through
easy-to-understand definitions, knowledge checks, and short exercises. You
can also build action plans to assist in taking steps to get started, or
improve your financial life related to over 20 topics, including:
• Identity Protection
• Financing Higher Education
• Credit Scores & Reports
• Credit Cards
• Considering Home Ownership
Whether you’re buying another car for the family or making your
first vehicle purchase, the process can be a bit overwhelming. As
your lending partner, we’ll provide you with the necessary guidance
and information to ensure you’re equipped to make this large
purchase with confidence.
• Taxes
• Insurance
• Estate Planning
• Budgeting
• 529 Plans
Visit fireflycu.org/learn to check out the Digital Learning Center today.
Digital Learning Center is powered by EverFi.
Creating SMART Money
Goals Workshops
START YOUR
SAVINGS STORY.
At these workshops, your child
will create their money mission
statement, learn the importance
of saving income from a young
age, and work to create a SMART
money goal.
Dinner will be provided. Parents
welcome to attend.
At Firefly, we want to empower youth to be successful at reaching their financial goals - whatever
they may be. Most likely, those goals will take some funding to accomplish, which is why we’re here
to help guide youth along the way by promoting smart financial habits.
$ 10
$ 25
$ 25
with a new Share Savings account.1,3
with a new First-Step Checking account (ages 13-17).2,3
QUICK TIP: No matter what type of purchase you are making,
new or used, it’s important to test drive the vehicle. During
your test drive:
HERE ARE A FEW STEPS TO JUMP START YOUR CAR BUYING PROCESS:
• Drive the vehicle on the freeway, interstate, or highway
and accelerate to at least 60 mph, where permitted,
to see how it handles.
1Determine Your Budget – Contact Firefly to get pre-approved
and determine a budget so you can shop with confidence.
• Test the brakes to see if the vehicle pulls or squeaks
in any way.
2Know What You Want to Buy – Decide what you want in a vehicle
including any extra features, desired mileage and extended
warranties. Websites such as Kelley Blue Book or NADA are
reliable, unbiased resources for your research.
• Ensure everything in the vehicle functions properly sun roof, windows, trunk, cup holders, wipers, radio,
air conditioning, heater, horn, etc.
3Search in Many Places for Your Vehicle – Take your time to
search a variety of sources to find out what is available. Ask us
to recommend a trusted dealer near you.
• Turn on the lights, turn signals, hazard lights, and make
sure the brake lights work.
• Assess the tread on the tires.
Already have the perfect vehicle? Visit fireflycu.org/autorefi to
see how much you could save by refinancing at Firefly.
Rate effective as of 1/3/17, assumes auto pay relationship, is offered on model years 2012 and newer, is subject to change without notice, and other loan rates may apply. Rate based on term, age of collateral, and credit qualifications. Interest will accrue for first 90 days without payment. Existing Firefly loans can only be
refinanced to lower rate if an additional $2,500 is added to the loan balance.
1
Average member value is an estimate of 2016 value among Firefly members based on the difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as of 11/30/2016 as reported by Informa Research
Services, Inc. Value amount is for illustration purposes only.
2
INTRODUCING SECURLOCK TM E UIP.
Keeping your information secure is our priority; we want to help you avoid becoming a
victim of identity theft or fraud. That’s why your Firefly Visa® Rewards Debit and Credit
Cards have access to SecurLOCK Equip, a unique app that helps manage your card
activity on-the-go so you can shop with confidence in-store, online, or in-app.
For Kids (Ages 8-12)
Tuesday, April 11 at 6:15 p.m.
RSVP by 4/7/17
For Teens (Ages 13-17)
Thursday, April 20 at 6:15 p.m.
RSVP by 4/17/17
when Direct Deposit is set up on a new First-Step checking account.2,3
1 Share Savings account requires a $5 minimum deposit to open, requires a minimum balance of $5, and earns an Annual Percentage Yield of 0.10%. This is the declared rate for December 2016 and is subject to change quarterly.
2 First-Step Checking accounts are available to members (ages 13-17) with a parent/guardian as joint owner of account. Account earns an Annual Percentage Yield of 0.05%, which is the prospective rate for March 2017 and is
subject to change monthly. With this account, you also get the perk of no credit union fees for up to five ATM withdrawals/month on any network. Fees may reduce earnings. 3 Bonuses valid only on new accounts. All accounts and
corresponding bonuses subject to qualifications. Please allow 30 days from account opening for bonus(es) to be deposited. Additionally, allow 30 days from direct deposit setup for additional $25 bonus to First-Step Checking account.
Offers are subject to change. Federally Insured by NCUA.
90 DAYS
CARD CONTROL AT YOUR FINGERTIPS.
What is one thing every reached goal has in common? The story of the path that got you there.
Join us this April for National Credit Union Youth Month where we will have educational workshops,
giveaways, and special account opening bonuses for youth (below):
No payments for
Firefly Training Center
2772 E 82nd St, Bloomington
RSVP at fireflycu.org/events - space is limited.
TURN YOUR CARD
ON OR OFF
Helpful when it may be
temporarily misplaced,
lost, or stolen.
MONITOR TRANSACTIONS
IN REAL-TIME
Receive notifications
when your card is used
and for what amount.
Take control today by downloading the SecurLOCK Equip app
from the Google Play or Apple® Store.
Google is a trademark of Google Inc. App Store is a service mark of Apple Inc.
SET PARAMETERS
ON CARD USAGE
For specific locations,
merchants, and even
transaction amounts.
UNDERSTAND MORE
ABOUT YOUR MONEY.
AUTO LOAN
rates as low as
INTRODUCING THE FIREFLY DIGITAL LEARNING CENTER
LIFE
ILLUMINATED.
A M E S S AG E F R O M T H E P R E S I D E N T
I firmly believe in the credit union difference and the exceptional
value a membership can bring to an individual or family. At Firefly,
we deliver value by directly investing in you, our member-owners,
in the form of better financial solutions that make it easier to
manage your money.
As a not-for-profit financial institution, Firefly’s profits are
returned to our member-owners in the form of competitive
loan rates, higher deposit rates, and fewer fees. We recently
compared our accounts with those of leading banks in our market
to determine how much value our members enjoy by choosing
us over other top financial institutions. I am proud to share that
Firefly Credit Union delivered our entire membership nearly $18
million in value in 2016. This equates to an average of $291 in
value each member enjoyed simply by choosing Firefly as their
financial partner.
However, your credit union understands there is more to value
than just a monetary number. Enhanced security, financial
guidance, and convenient access all bring additional value to your
membership. I’d like to share how your credit union has recently
improved efforts in these areas to deliver exceptional value.
ENHANCED SECURITY
Over the past year, Firefly has implemented new security
measures to ensure the continued safeguarding of our cardholder’s
information. To significantly reduce instances of fraud on card
accounts, all debit and credit cards have been upgraded with EMV
chip-technology and card control through SecurLOCK TM Equip.
SecurLOCK Equip is a unique app that gives cardholders the power
to monitor transaction activity right from their phone. Please read
more about this security enhancement in this issue of MINTED.
B I L L R A K E R P R E S I D E N T/C E O
FINANCIAL GUIDANCE
Firefly’s mission is to guide our members toward lifelong financial
well-being and we believe this starts with an understanding
of financial services. That’s why your credit union has hired a
Financial Education Specialist to host community educational
seminars on various financial topics including budgeting, credit
scores, and home buying. Firefly also recently launched an
interactive Digital Learning Center with over 20 different financial
knowledge modules. Please read more about this interactive center in
this issue of Minted.
These new additions will help educate our members on
financial topics, equipping them to make financial decisions
with confidence.
CONVENIENT ACCESS
To increase the accessibility and convenience for the community
we serve, Firefly has recently expanded our branch network to
Chanhassen and Maple Grove. These new branches feature a
unique design to better deliver the guidance and opportunity that
has been at our core since we were founded in 1925. If you haven’t
yet, I encourage you to visit our recently opened locations to enjoy
a reimagined branch experience.
These are just a few of the many ways Firefly has recently
invested in our membership. We will continue to invest in you, our
member-owners, to deliver exceptional value - just as we have for
over 90 years.
92ND ANNUAL MEMBERSHIP MEETING.
TUESDAY, MAY 23, 2017
Firefly Corporate Office
1400 Riverwood Dr.
Burnsville, MN 55337
Business Meeting: 2:30-3:00 p.m.
Refreshments served.
There is no cost to attend. Space is limited – RSVP before May 15 by calling our Annual
Meeting voicemail line at (952) 736-5305. Leave a message with your name, phone
number and the number of individuals attending.
Kristine Ziccardi has been added as a nominee to serve on the Firefly Credit Union
Board of Directors. Ziccardi has over 20 years of experience working in financial
services research and marketing, currently as a Marketing Consultant with Marquis
Software Solutions.
1.99%
APR1
We encounter a number of financial milestones throughout life - using a
credit or debit card for the first time, buying a house, or planning for retirement.
As exciting as those times may be, they can also be overwhelming and a bit
confusing. Gaining knowledge, insight, and advice about various financial
concepts and events can help lead to smarter decision-making when it
comes to your money.
AUTO LOAN
average annual
member value
SMART DECISIONS
$390
FOR THE JOURNEY AHEAD.
2
Firefly provides the guidance and resources to help you understand more
about your money with access to our free, interactive Digital Learning Center.
The selection of brief online modules illustrate financial concepts through
easy-to-understand definitions, knowledge checks, and short exercises. You
can also build action plans to assist in taking steps to get started, or
improve your financial life related to over 20 topics, including:
• Identity Protection
• Financing Higher Education
• Credit Scores & Reports
• Credit Cards
• Considering Home Ownership
Whether you’re buying another car for the family or making your
first vehicle purchase, the process can be a bit overwhelming. As
your lending partner, we’ll provide you with the necessary guidance
and information to ensure you’re equipped to make this large
purchase with confidence.
• Taxes
• Insurance
• Estate Planning
• Budgeting
• 529 Plans
Visit fireflycu.org/learn to check out the Digital Learning Center today.
Digital Learning Center is powered by EverFi.
Creating SMART Money
Goals Workshops
START YOUR
SAVINGS STORY.
At these workshops, your child
will create their money mission
statement, learn the importance
of saving income from a young
age, and work to create a SMART
money goal.
Dinner will be provided. Parents
welcome to attend.
At Firefly, we want to empower youth to be successful at reaching their financial goals - whatever
they may be. Most likely, those goals will take some funding to accomplish, which is why we’re here
to help guide youth along the way by promoting smart financial habits.
$ 10
$ 25
$ 25
with a new Share Savings account.1,3
with a new First-Step Checking account (ages 13-17).2,3
QUICK TIP: No matter what type of purchase you are making,
new or used, it’s important to test drive the vehicle. During
your test drive:
HERE ARE A FEW STEPS TO JUMP START YOUR CAR BUYING PROCESS:
• Drive the vehicle on the freeway, interstate, or highway
and accelerate to at least 60 mph, where permitted,
to see how it handles.
1Determine Your Budget – Contact Firefly to get pre-approved
and determine a budget so you can shop with confidence.
• Test the brakes to see if the vehicle pulls or squeaks
in any way.
2Know What You Want to Buy – Decide what you want in a vehicle
including any extra features, desired mileage and extended
warranties. Websites such as Kelley Blue Book or NADA are
reliable, unbiased resources for your research.
• Ensure everything in the vehicle functions properly sun roof, windows, trunk, cup holders, wipers, radio,
air conditioning, heater, horn, etc.
3Search in Many Places for Your Vehicle – Take your time to
search a variety of sources to find out what is available. Ask us
to recommend a trusted dealer near you.
• Turn on the lights, turn signals, hazard lights, and make
sure the brake lights work.
• Assess the tread on the tires.
Already have the perfect vehicle? Visit fireflycu.org/autorefi to
see how much you could save by refinancing at Firefly.
Rate effective as of 1/3/17, assumes auto pay relationship, is offered on model years 2012 and newer, is subject to change without notice, and other loan rates may apply. Rate based on term, age of collateral, and credit qualifications. Interest will accrue for first 90 days without payment. Existing Firefly loans can only be
refinanced to lower rate if an additional $2,500 is added to the loan balance.
1
Average member value is an estimate of 2016 value among Firefly members based on the difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as of 11/30/2016 as reported by Informa Research
Services, Inc. Value amount is for illustration purposes only.
2
INTRODUCING SECURLOCK TM E UIP.
Keeping your information secure is our priority; we want to help you avoid becoming a
victim of identity theft or fraud. That’s why your Firefly Visa® Rewards Debit and Credit
Cards have access to SecurLOCK Equip, a unique app that helps manage your card
activity on-the-go so you can shop with confidence in-store, online, or in-app.
For Kids (Ages 8-12)
Tuesday, April 11 at 6:15 p.m.
RSVP by 4/7/17
For Teens (Ages 13-17)
Thursday, April 20 at 6:15 p.m.
RSVP by 4/17/17
when Direct Deposit is set up on a new First-Step checking account.2,3
1 Share Savings account requires a $5 minimum deposit to open, requires a minimum balance of $5, and earns an Annual Percentage Yield of 0.10%. This is the declared rate for December 2016 and is subject to change quarterly.
2 First-Step Checking accounts are available to members (ages 13-17) with a parent/guardian as joint owner of account. Account earns an Annual Percentage Yield of 0.05%, which is the prospective rate for March 2017 and is
subject to change monthly. With this account, you also get the perk of no credit union fees for up to five ATM withdrawals/month on any network. Fees may reduce earnings. 3 Bonuses valid only on new accounts. All accounts and
corresponding bonuses subject to qualifications. Please allow 30 days from account opening for bonus(es) to be deposited. Additionally, allow 30 days from direct deposit setup for additional $25 bonus to First-Step Checking account.
Offers are subject to change. Federally Insured by NCUA.
90 DAYS
CARD CONTROL AT YOUR FINGERTIPS.
What is one thing every reached goal has in common? The story of the path that got you there.
Join us this April for National Credit Union Youth Month where we will have educational workshops,
giveaways, and special account opening bonuses for youth (below):
No payments for
Firefly Training Center
2772 E 82nd St, Bloomington
RSVP at fireflycu.org/events - space is limited.
TURN YOUR CARD
ON OR OFF
Helpful when it may be
temporarily misplaced,
lost, or stolen.
MONITOR TRANSACTIONS
IN REAL-TIME
Receive notifications
when your card is used
and for what amount.
Take control today by downloading the SecurLOCK Equip app
from the Google Play or Apple® Store.
Google is a trademark of Google Inc. App Store is a service mark of Apple Inc.
SET PARAMETERS
ON CARD USAGE
For specific locations,
merchants, and even
transaction amounts.
UNDERSTAND MORE
ABOUT YOUR MONEY.
AUTO LOAN
rates as low as
INTRODUCING THE FIREFLY DIGITAL LEARNING CENTER
LIFE
ILLUMINATED.
A M E S S AG E F R O M T H E P R E S I D E N T
I firmly believe in the credit union difference and the exceptional
value a membership can bring to an individual or family. At Firefly,
we deliver value by directly investing in you, our member-owners,
in the form of better financial solutions that make it easier to
manage your money.
As a not-for-profit financial institution, Firefly’s profits are
returned to our member-owners in the form of competitive
loan rates, higher deposit rates, and fewer fees. We recently
compared our accounts with those of leading banks in our market
to determine how much value our members enjoy by choosing
us over other top financial institutions. I am proud to share that
Firefly Credit Union delivered our entire membership nearly $18
million in value in 2016. This equates to an average of $291 in
value each member enjoyed simply by choosing Firefly as their
financial partner.
However, your credit union understands there is more to value
than just a monetary number. Enhanced security, financial
guidance, and convenient access all bring additional value to your
membership. I’d like to share how your credit union has recently
improved efforts in these areas to deliver exceptional value.
ENHANCED SECURITY
Over the past year, Firefly has implemented new security
measures to ensure the continued safeguarding of our cardholder’s
information. To significantly reduce instances of fraud on card
accounts, all debit and credit cards have been upgraded with EMV
chip-technology and card control through SecurLOCK TM Equip.
SecurLOCK Equip is a unique app that gives cardholders the power
to monitor transaction activity right from their phone. Please read
more about this security enhancement in this issue of MINTED.
B I L L R A K E R P R E S I D E N T/C E O
FINANCIAL GUIDANCE
Firefly’s mission is to guide our members toward lifelong financial
well-being and we believe this starts with an understanding
of financial services. That’s why your credit union has hired a
Financial Education Specialist to host community educational
seminars on various financial topics including budgeting, credit
scores, and home buying. Firefly also recently launched an
interactive Digital Learning Center with over 20 different financial
knowledge modules. Please read more about this interactive center in
this issue of Minted.
These new additions will help educate our members on
financial topics, equipping them to make financial decisions
with confidence.
CONVENIENT ACCESS
To increase the accessibility and convenience for the community
we serve, Firefly has recently expanded our branch network to
Chanhassen and Maple Grove. These new branches feature a
unique design to better deliver the guidance and opportunity that
has been at our core since we were founded in 1925. If you haven’t
yet, I encourage you to visit our recently opened locations to enjoy
a reimagined branch experience.
These are just a few of the many ways Firefly has recently
invested in our membership. We will continue to invest in you, our
member-owners, to deliver exceptional value - just as we have for
over 90 years.
92ND ANNUAL MEMBERSHIP MEETING.
TUESDAY, MAY 23, 2017
Firefly Corporate Office
1400 Riverwood Dr.
Burnsville, MN 55337
Business Meeting: 2:30-3:00 p.m.
Refreshments served.
There is no cost to attend. Space is limited – RSVP before May 15 by calling our Annual
Meeting voicemail line at (952) 736-5305. Leave a message with your name, phone
number and the number of individuals attending.
Kristine Ziccardi has been added as a nominee to serve on the Firefly Credit Union
Board of Directors. Ziccardi has over 20 years of experience working in financial
services research and marketing, currently as a Marketing Consultant with Marquis
Software Solutions.
1.99%
APR1
We encounter a number of financial milestones throughout life - using a
credit or debit card for the first time, buying a house, or planning for retirement.
As exciting as those times may be, they can also be overwhelming and a bit
confusing. Gaining knowledge, insight, and advice about various financial
concepts and events can help lead to smarter decision-making when it
comes to your money.
AUTO LOAN
average annual
member value
SMART DECISIONS
$390
FOR THE JOURNEY AHEAD.
2
Firefly provides the guidance and resources to help you understand more
about your money with access to our free, interactive Digital Learning Center.
The selection of brief online modules illustrate financial concepts through
easy-to-understand definitions, knowledge checks, and short exercises. You
can also build action plans to assist in taking steps to get started, or
improve your financial life related to over 20 topics, including:
• Identity Protection
• Financing Higher Education
• Credit Scores & Reports
• Credit Cards
• Considering Home Ownership
Whether you’re buying another car for the family or making your
first vehicle purchase, the process can be a bit overwhelming. As
your lending partner, we’ll provide you with the necessary guidance
and information to ensure you’re equipped to make this large
purchase with confidence.
• Taxes
• Insurance
• Estate Planning
• Budgeting
• 529 Plans
Visit fireflycu.org/learn to check out the Digital Learning Center today.
Digital Learning Center is powered by EverFi.
Creating SMART Money
Goals Workshops
START YOUR
SAVINGS STORY.
At these workshops, your child
will create their money mission
statement, learn the importance
of saving income from a young
age, and work to create a SMART
money goal.
Dinner will be provided. Parents
welcome to attend.
At Firefly, we want to empower youth to be successful at reaching their financial goals - whatever
they may be. Most likely, those goals will take some funding to accomplish, which is why we’re here
to help guide youth along the way by promoting smart financial habits.
$ 10
$ 25
$ 25
with a new Share Savings account.1,3
with a new First-Step Checking account (ages 13-17).2,3
QUICK TIP: No matter what type of purchase you are making,
new or used, it’s important to test drive the vehicle. During
your test drive:
HERE ARE A FEW STEPS TO JUMP START YOUR CAR BUYING PROCESS:
• Drive the vehicle on the freeway, interstate, or highway
and accelerate to at least 60 mph, where permitted,
to see how it handles.
1Determine Your Budget – Contact Firefly to get pre-approved
and determine a budget so you can shop with confidence.
• Test the brakes to see if the vehicle pulls or squeaks
in any way.
2Know What You Want to Buy – Decide what you want in a vehicle
including any extra features, desired mileage and extended
warranties. Websites such as Kelley Blue Book or NADA are
reliable, unbiased resources for your research.
• Ensure everything in the vehicle functions properly sun roof, windows, trunk, cup holders, wipers, radio,
air conditioning, heater, horn, etc.
3Search in Many Places for Your Vehicle – Take your time to
search a variety of sources to find out what is available. Ask us
to recommend a trusted dealer near you.
• Turn on the lights, turn signals, hazard lights, and make
sure the brake lights work.
• Assess the tread on the tires.
Already have the perfect vehicle? Visit fireflycu.org/autorefi to
see how much you could save by refinancing at Firefly.
Rate effective as of 1/3/17, assumes auto pay relationship, is offered on model years 2012 and newer, is subject to change without notice, and other loan rates may apply. Rate based on term, age of collateral, and credit qualifications. Interest will accrue for first 90 days without payment. Existing Firefly loans can only be
refinanced to lower rate if an additional $2,500 is added to the loan balance.
1
Average member value is an estimate of 2016 value among Firefly members based on the difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as of 11/30/2016 as reported by Informa Research
Services, Inc. Value amount is for illustration purposes only.
2
INTRODUCING SECURLOCK TM E UIP.
Keeping your information secure is our priority; we want to help you avoid becoming a
victim of identity theft or fraud. That’s why your Firefly Visa® Rewards Debit and Credit
Cards have access to SecurLOCK Equip, a unique app that helps manage your card
activity on-the-go so you can shop with confidence in-store, online, or in-app.
For Kids (Ages 8-12)
Tuesday, April 11 at 6:15 p.m.
RSVP by 4/7/17
For Teens (Ages 13-17)
Thursday, April 20 at 6:15 p.m.
RSVP by 4/17/17
when Direct Deposit is set up on a new First-Step checking account.2,3
1 Share Savings account requires a $5 minimum deposit to open, requires a minimum balance of $5, and earns an Annual Percentage Yield of 0.10%. This is the declared rate for December 2016 and is subject to change quarterly.
2 First-Step Checking accounts are available to members (ages 13-17) with a parent/guardian as joint owner of account. Account earns an Annual Percentage Yield of 0.05%, which is the prospective rate for March 2017 and is
subject to change monthly. With this account, you also get the perk of no credit union fees for up to five ATM withdrawals/month on any network. Fees may reduce earnings. 3 Bonuses valid only on new accounts. All accounts and
corresponding bonuses subject to qualifications. Please allow 30 days from account opening for bonus(es) to be deposited. Additionally, allow 30 days from direct deposit setup for additional $25 bonus to First-Step Checking account.
Offers are subject to change. Federally Insured by NCUA.
90 DAYS
CARD CONTROL AT YOUR FINGERTIPS.
What is one thing every reached goal has in common? The story of the path that got you there.
Join us this April for National Credit Union Youth Month where we will have educational workshops,
giveaways, and special account opening bonuses for youth (below):
No payments for
Firefly Training Center
2772 E 82nd St, Bloomington
RSVP at fireflycu.org/events - space is limited.
TURN YOUR CARD
ON OR OFF
Helpful when it may be
temporarily misplaced,
lost, or stolen.
MONITOR TRANSACTIONS
IN REAL-TIME
Receive notifications
when your card is used
and for what amount.
Take control today by downloading the SecurLOCK Equip app
from the Google Play or Apple® Store.
Google is a trademark of Google Inc. App Store is a service mark of Apple Inc.
SET PARAMETERS
ON CARD USAGE
For specific locations,
merchants, and even
transaction amounts.
BUILD YOUR BUSINESS WITH FIREFLY.
THE VALUE OF
YOUR MEMBERSHIP.
$17,965,086
When it comes to your business, meeting your bottom line and reaching your goals are what’s most important. That’s why Firefly offers a
variety of products and services designed to fit the unique needs of your business, with the resources it takes to get the job done.
AVERAGE INDIVIDUAL MEMBER VALUE:
$291
Firefly members are benefitting from the products listed below. Why not join them?
If you have accounts at other institutions, moving them to Firefly may add value to your membership.
AVERAGE ANNUAL MEMBER VALUE
Personal Loan
$32
Rewards Credit Card
$98
Checking
$106
Vehicle Loan
$390
Mortgage
$756
Home Equity Loan
$170
A FRESH PERSPECTIVE ON YOUR FINANCES.
Firefly has the solutions you need to meet your business goals.
At Firefly, we help you accomplish your dreams by putting more money back in your pocket and offering financial solutions that make
it easier to manage your money and life. As a credit union, we invest directly in our members, as opposed to stockholders — and our
profits are retuned to you in the form of lower rates, higher returns and fewer fees. In 2016, we are proud to say we delivered our entire
membership nearly $18 million in value – that’s an average of $291 per member!
2016 COLLECTIVE MEMBER VALUE:
MINTED.
Whether you’re looking to save, spend or borrow, Firefly has options to help you every step of the way, so you never miss a beat. Based in
the Twin Cities, we offer fast turn arounds and flexible terms – plus, our competitive rates put us above our competition.
BUSINESS SAVINGS
Strong savings give your business
financial flexibility.
BUSINESS CHECKING
Easy access to your money no matter
where your business takes you.
BUSINESS LINE OF CREDIT
Gain peace of mind with flexible terms
and competitive financing.
Start taking care of business with Firefly today by contacting us at (952) 736-5202 or [email protected]!
Visit fireflycu.org to browse all of our Business products and services. YOU’RE BUILDING YOUR LIFE.
WE’RE HERE TO HELP ALONG THE WAY.
Finding the right fit for you and your family is important, so we offer financing
options that make your search easier. From your starter home to your vacation
getaway, mortgage refinancing to home renovations, Firefly has the lending you
need to build your life and more.
• FIXED- AND ADJUSTABLE-RATES
• FIRST TIME HOME BUYER PROGRAM
• HOME EQUITY LOANS AND LINES OF CREDIT
Plus, the more you use Firefly, the more you value you receive.
Last year, members with three or more unique products received
on average about $443 in value.
Learn more about the value of your membership at fireflycu.org/value
and make sure to visit fireflycu.org/valuecalc to uncover the additional
value you could enjoy!
• HOME IMPROVEMENT LOANS
Settle into your perfect home with a great Firefly home loan.
Learn more by contacting Firefly Mortgage Services at (952) 736-5220
or visit us online at fireflycu.org.
LEARN THE VALUE
OF YOUR MEMBERSHIP.
OUR MISSION: Working together, we share our 90+ years of experience and understanding
to guide our members toward lifelong financial well-being.
CORE VALUES: RESPECT | COLLABORATION & TEAMWORK | ADAPTABILITY | HARD WORK
Products & Services
Value amount is for illustration purposes only and may vary by individual. Average member value is an estimate of 2016 value among Firefly members based on the
difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as
of 11/30/2016 as reported by Informa Research Services, Inc. Although the information provided by Informa has been obtained from the financial institutions themselves,
the accuracy cannot be guaranteed. See complete details at fireflycu.org/value.
• Deposits
• IRAs
• Loans
• Investments
• Mortgages
• Credit Cards
• Commercial Loans
• Financial Education
• Digital Services
• Member Benefits
Equal Housing Lender. Federally insured by NCUA.
fireflycu.org | (800) 345-2733 | (952) 736-5000 | 1400 Riverwood Drive | Burnsville, MN 55337
LIFE ILLUMINATED.
F I RE F LY CRE DI T UNI O N NEWS LETTER
SPRING 2017
BUILD YOUR BUSINESS WITH FIREFLY.
THE VALUE OF
YOUR MEMBERSHIP.
$17,965,086
When it comes to your business, meeting your bottom line and reaching your goals are what’s most important. That’s why Firefly offers a
variety of products and services designed to fit the unique needs of your business, with the resources it takes to get the job done.
AVERAGE INDIVIDUAL MEMBER VALUE:
$291
Firefly members are benefitting from the products listed below. Why not join them?
If you have accounts at other institutions, moving them to Firefly may add value to your membership.
AVERAGE ANNUAL MEMBER VALUE
Personal Loan
$32
Rewards Credit Card
$98
Checking
$106
Vehicle Loan
$390
Mortgage
$756
Home Equity Loan
$170
A FRESH PERSPECTIVE ON YOUR FINANCES.
Firefly has the solutions you need to meet your business goals.
At Firefly, we help you accomplish your dreams by putting more money back in your pocket and offering financial solutions that make
it easier to manage your money and life. As a credit union, we invest directly in our members, as opposed to stockholders — and our
profits are retuned to you in the form of lower rates, higher returns and fewer fees. In 2016, we are proud to say we delivered our entire
membership nearly $18 million in value – that’s an average of $291 per member!
2016 COLLECTIVE MEMBER VALUE:
MINTED.
Whether you’re looking to save, spend or borrow, Firefly has options to help you every step of the way, so you never miss a beat. Based in
the Twin Cities, we offer fast turn arounds and flexible terms – plus, our competitive rates put us above our competition.
BUSINESS SAVINGS
Strong savings give your business
financial flexibility.
BUSINESS CHECKING
Easy access to your money no matter
where your business takes you.
BUSINESS LINE OF CREDIT
Gain peace of mind with flexible terms
and competitive financing.
Start taking care of business with Firefly today by contacting us at (952) 736-5202 or [email protected]!
Visit fireflycu.org to browse all of our Business products and services. YOU’RE BUILDING YOUR LIFE.
WE’RE HERE TO HELP ALONG THE WAY.
Finding the right fit for you and your family is important, so we offer financing
options that make your search easier. From your starter home to your vacation
getaway, mortgage refinancing to home renovations, Firefly has the lending you
need to build your life and more.
• FIXED- AND ADJUSTABLE-RATES
• FIRST TIME HOME BUYER PROGRAM
• HOME EQUITY LOANS AND LINES OF CREDIT
Plus, the more you use Firefly, the more you value you receive.
Last year, members with three or more unique products received
on average about $443 in value.
Learn more about the value of your membership at fireflycu.org/value
and make sure to visit fireflycu.org/valuecalc to uncover the additional
value you could enjoy!
• HOME IMPROVEMENT LOANS
Settle into your perfect home with a great Firefly home loan.
Learn more by contacting Firefly Mortgage Services at (952) 736-5220
or visit us online at fireflycu.org.
LEARN THE VALUE
OF YOUR MEMBERSHIP.
OUR MISSION: Working together, we share our 90+ years of experience and understanding
to guide our members toward lifelong financial well-being.
CORE VALUES: RESPECT | COLLABORATION & TEAMWORK | ADAPTABILITY | HARD WORK
Products & Services
Value amount is for illustration purposes only and may vary by individual. Average member value is an estimate of 2016 value among Firefly members based on the
difference between Firefly Credit Union rates and fees and the average rates and fees of comparable products and services at leading financial institutions in the market as
of 11/30/2016 as reported by Informa Research Services, Inc. Although the information provided by Informa has been obtained from the financial institutions themselves,
the accuracy cannot be guaranteed. See complete details at fireflycu.org/value.
• Deposits
• IRAs
• Loans
• Investments
• Mortgages
• Credit Cards
• Commercial Loans
• Financial Education
• Digital Services
• Member Benefits
Equal Housing Lender. Federally insured by NCUA.
fireflycu.org | (800) 345-2733 | (952) 736-5000 | 1400 Riverwood Drive | Burnsville, MN 55337
LIFE ILLUMINATED.
F I RE F LY CRE DI T UNI O N NEWS LETTER
SPRING 2017