In This Issue
2014 Volunteer Election Results
Page 2
Seven Things You May Not Know About SMCU Auto Loans
Page 3
SMCU Members Can Save with Sprint
Page 4
March of Dimes
Page 5
Get $50 When You Refer a New Member
Page 5
Spring Holiday Closures
Memorial Day: Monday, May 26
Independence Day: Friday, July 4
For a complete list of closures, visit smcu.com/about.
Follow SMCU
2014 Volunteer Election Results
The results of the 2014 Seattle Metropolitan Volunteer Elections were announced at the 2014 Annual Meeting
held on April 12 at the Downtown Headquarters.
Incumbents Ken Harer and Jim Yearby were re-elected to the Seattle Metropolitan Credit Union Board of
Directors. Todd Boze was also elected.
Mr. Yearby has served
the membership as
a Board Director
since 1984. He is the
current Board Chair.
Mr. Harer has served
since being originally
elected to the Board
in 1996 and is a past
Board Chair.
Mr. Boze has served
Seattle Metropolitan
members since his
original election
in 2012.
Frank Matthews, who served on the Board since 1993, retired from the Board of Directors. Mr. Matthews was
the second President and CEO of Seattle Metropolitan Credit Union.
Sandra Philbrook ran unopposed for the Supervisory Committee and was elected.
The 2014 Seattle Metropolitan Credit Union
Board of Directors
Camilla Bishop
Todd Boze
Rodney Eng
James A. Fossos
Ken Harer
Ray Hill
Robert Leighton
Jim Yearby
2
Seven Things You May Not Know About SMCU Auto Loans
You already know that Seattle Metropolitan Credit Union offers low rates on auto loans and that our loan
experts work with every member to find the right loan for them. Those aren’t the only great things about our
auto loan program.
Here are seven awesome features of our auto loans you might not know about.
Autoland Auto-Buying Service
Do your car shopping where you get your loan. We’ve partnered with Autoland, the premier auto-buying service for
credit-union members. They’ll help you research the car you want. Then they’ll work with their network of dealers to
find it and negotiate on your behalf to get you the best price. You can roll the cost of the service into your loan, so you
pay no money out of pocket, and they’ll deliver your new car to you at any Seattle Metropolitan branch.
Hybrid/Electric Vehicle Rate Discount
Whether it’s because of their gas-sipping efficiency or their almost
negligible emissions, more and more people are looking at hybrid and
electric vehicles. They can be a responsible choice when you’re trying to
minimize your impact on the planet. They also qualify for a rate discount of
.25% when you finance your loan at Seattle Metropolitan.
Sign your loan documents by email
You research your car and apply for your loan online. Why not sign your
loan agreements that way too? Seattle Metropolitan has partnered with
electronic document specialists Docusign to allow you to view and sign
your loan documents as easily as getting an email. It’s quick, easy, and
secure. And, you don’t have to plan a special trip to the branch.
Hybrid and electric cars qualify for a 0.25%
rate discount.
First payment not due for 90 days and choose your own due date.
Once you’ve signed your loan documents, take a vacation – from your car payment. Your new loan payment won’t be
due for up to 90 days. That’s as many as three months of car payments that you can use to pay bills, throw into your
savings, or even have a weekend away.
Plus, you get to pick the day of your payment due date, so you can better manage your monthly cash flow.
Anytime Skip-a-Pay
If you have an auto loan with Seattle Metropolitan, you can elect to skip up to two payments every twelve months.
Just pay a nominal skip fee of $29 and your due date gets moved back one month1. That can give you a bit of extra
money for emergency expenses or whatever you want to use it for.
Debt Protection
If you are sick or injured and can’t work, Debt Protection will make your payments until you’re able to return to your
job. If the unthinkable happens and your family is left with a loan after you’re gone, Debt Protection will pay the
balance giving them one less thing to worry about. GAP/Mechanical Breakdown Protection
Protect your car and your wallet with Mechanical Breakdown Protection (MBP) and Guaranteed Asset Protection
(GAP). Mechanical Breakdown Protection (sometimes called an extended warranty) can help you deal with damages
and repairs not covered by the original manufacturer’s warranty. All you have to do is get the repairs approved and
take your car to a licensed repair shop. MBP will even pay the bills directly, so you don’t have to sit around waiting for
a reimbursement.
GAP helps cover the difference between what you owe and any insurance settlement you receive in the event your
car is totaled or stolen. Since cars lose a lot of their initial value as soon as they drive off the lot, the difference can be
substantial, especially toward the beginning of your loan. GAP helps make sure that you aren’t left holding the bag if
something happens to your car.
continued on the next page
3
Get your GAP and MBP from Seattle Metropolitan Credit Union, and you can save hundreds or even thousands of
dollars versus buying them from the dealer.
When you get an auto loan from Seattle Metropolitan, you also get a package of great features that can save you time,
money, and frustration. If you are in the market for a new car or looking to refinance an existing auto loan, talk to Seattle
Metropolitan Credit Union.
See Skip-a-Pay eligibility requirements, details, and disclosures at http://smcu.com/skip-a-pay.
1
Seattle Metropolitan Members Can Save with Sprint
The average American family overspends on their wireless services by an average of $200 a year. If this sounds like you,
it might be time to start saving with the Sprint Credit Union Member Discount. To take advantage of these Sprint savings,
remember to verify your credit union membership. (Details below.)
You or your business could save hundreds each year with these discounts:
Personal – Save 10%
•
•
•
•
•
•
•
10% discount on select regularly priced Sprint monthly service
Waived activation fee on new lines (up to $36 in savings)
Waived upgrade fee (up to $36 in savings)
Buy online to save even more
Unlimited data available on select phone plans
Ready Now, one-on-one personalized setup, is provided at select Sprint Stores
Use Corporate ID: NACUC_ZZM to claim your discount
Business – Save 15%
•
•
•
•
•
•
15% discount on select regularly priced Sprint monthly service
Waived activation fee on new lines (up to $36 in savings)
Waived upgrade fee (up to $36 in savings)
Unlimited data available on select phone plans
Ready Now, one-on-one personalized setup, is provided at select Sprint Stores
Use Corporate ID: NACUC_ZDS_ZZM to claim your discount
Visit LoveMyCreditUnion.org/Sprint to start saving with the Sprint Credit Union Member Discount.
Credit Union Member Verification
Verification is easy and only takes a few minutes to complete. There are four ways to verify credit union membership:
Free Invest in America app for Android and/or iPhone.
• iPhone users find it at the Apple App Store.
• Android users find the app in Google Play.
• Search for “Invest in America.”
• You will be prompted to black out all confidential information within the app.
Visit www.sprint.com/verify from a mobile device.
Black out all confidential information on your documentation prior to uploading.
Sign up for Sprint’s AutoPay
Use your Seattle Metropolitan Credit Union checking account or debit/credit card at www.sprint.com.
Fill out and fax the Sprint verification form
Fax the verification form and supporting documents to:
Sprint Corporate Accounts: (913) 523-1987 or toll free: (877) 687-8211.
Black out all confidential information on your documentation prior to faxing.
4
Join SMCU in Supporting March of Dimes
Nearly 9,000 babies are born prematurely each year in Washington State alone,
putting fragile lives at risk and an indescribable hardship on their families.
March of Dimes, a non-profit organization, supports these babies and their
families financially, medically, and emotionally, as well as supporting research on
premature births and birth defects to help prevent future pregnancy and birth
complications. Thanks to individuals and companies that support March of Dimes,
many local families are able to pull through the first difficult, vulnerable months of
their babies’ lives, emerging happy and healthy on the other side.
Support the Cause with SMCU
Last year, SMCU employees raised over $10,000 for March of Dimes, ranking
us in the top 10 contributors in Washington State. We’ve raised the level of
competition even higher this year with a new donation goal of $15,000! As a financial cooperative, we want to invite
you, our member-owners, to support the cause with us. To contribute, visit the SMCU team page at bit.ly/SMCU-MOD.
The sponsorship box can be found on the top right of the page. You can also share the link with friends and family to help
spread the word.
We’d Love to Hear From You
Has March of Dimes or a similar organization made a difference in your life? Go to 7principles.coop/mod2014
to share your story.
Tell your friends and family about Seattle Metropolitan Credit Union, and when they join, you could get $50*. It’s a winwin. As the referring member, you get $50. As the new member, they get a great credit union and a chance to make money
by referring others.
To get credit for your referral, make sure your friend or family member brings a completed referral coupon with them
when they open their membership. If you want to keep a supply of coupons to hand out when the opportunity presents
itself, you can pick some up at any branch or print them out at smcu.com/refer.
If they want to apply for membership online, make sure they use the promo code “REFER.” Once their membership
application is received, an SMCU representative will contact them to make sure you get credit.
When you help grow your credit union, everyone benefits. As a financial cooperative, we return profits to our members
in the form of better rates and services. That means that when more people join SMCU and use the products and services
we offer, our members reap the rewards.
*New member must either open a checking account or apply for and be approved for an SMCU loan (excluding ShareSecured loans) at the time they open their new membership. Referring member must have an active checking account
or an open SMCU consumer loan (excluding Share-Secured loans). Complete rules and disclosures are available at smcu.
com/refer. SMCU is Federally Insured by the NCUA and is an Equal Housing Lender.
5