University Credit Union
Official Newsletter
Since 1956
2nd Quarter 2012
3X
LOW RATE AUTO LOANS
REWARDS
POINTS
ON ALL GAS PURCHASES
You have to buy gas to get around anyway,
why not get rewarded 3 times over for those
purchases. Right now, every dollar you spend
on gas earns you triple rewards points using
any University Credit Union Rewards credit card.
Redeem points for travel, rebates, gift
certificates, and cash. Simply swipe your
card at any gas pump or inside any gasoline
convenience store and watch your points add
up three times faster. When you have enough
points for the reward of your choice, submit
your redemption request. Rewards are not
tied to specific airlines or one company’s
merchandise. There’s no need to visit special
websites or make purchases at specified
merchants to earn points.
If you already have a Rewards credit card
with us then NOW is the time to use it for all
gas purchases! If you don’t have a Rewards
card with us, NOW is the time to apply for
any of our Visa Rewards credit cards.
We’ll instant issue your card at any branch…
so you’ll have it in time for the summer
driving season! Don’t forget that you also
earn regular points for everyday spending.
Our Rewards credit cards boast no annual
fee, offer worldwide acceptance, have no
maximum point accumulation restrictions
and provides Verified by Visa protection.
Get the Rewards card that works best for
you. Choose between our Crimson Rewards,
Student Rewards, and Business Rewards
cards. Each card offers unique benefits to
fit your specific needs.
For more information about our Rewards
cards and the Rewards program, visit
www.ucreditu.com/card-services.
Start earning points now. Get or use your
Rewards credit card today! Apply online,
at any branch, or over the phone today.
As a member, you
already know
that University
Credit Union
always has some
of the lowest auto
loan rates around.
In addition, we have
some of the longest
auto loan payback terms
(up to 7 YEARS). Great
rates and longer terms translate into lower
monthly payments. You know we offer 100%
financing on both new and used vehicles…
but did you know that right now as a bonus,
we are giving away 10 FREE Super Sonic
Exterior Plus car washes, redeemable at
their 7 locations in the Salt Lake Valley and
Ogden with every direct auto loan?
With the rate discounts that you receive with
Smart or Crimson Checking, your auto loan
could be as low as
*
%
2.69APR
If you are not
a Smart or
Crimson
Checking
member
(and you really
should be for the
great discounts and
features they provide) then you
can still get a great rate as low as 2.99%
APR. Both rates are amazingly low and
worth acting on now! Don’t forget, it’s
easy to get pre-approved before you shop
so you’ll be armed with confidence, knowing
in advance just what you can afford.
Enjoy a SWEET rate AND a SWEET ride.
With rates this low, terms up to 84 months
and 10 FREE Supersonic car washes…
NOW IS THE TIME to get your auto loan
from the University Credit Union. For fast
service, apply online at ucreditu.com or at
any of our 15 convenient branch locations.
*APR stands for Annual Percentage Rate. Car wash
bonus is a limited time offer and requires a minimum
loan of $5,000, new money only.
2ND NOTICE OF ANNUAL MEMBERS MEETING
The University Credit Union Board of
Directors and employees are pleased to
announce the 56th University Credit Union
Annual Members Meeting to be held on
Thursday, April 26th, 2012 at 7:00 pm in
the Olympus Jr. High School auditorium,
located at 2217 East 4800 South in
Salt Lake City.
An important part of this year’s meeting is
the election to fill two seats on the Board of
Directors. Board members serve a three-year
term. This year’s nominees are LeRoy Faerber
and Marjorie Pearson, both are currently
serving on the Board. Your participation is
one of many benefits of membership. All
attending members will receive a waterproof
park blanket and a ticket for the chance to
win many other prizes. Drawings are held
throughout the evening, including one
specifically for those who arrive on time.
We’d be honored to have you join us.
EVERYONE WHO LIVES, WORKS, WORSHIPS, VOLUNTEERS, OR ATTENDS SCHOOL IN SALT LAKE COUNTY IS ELIGIBLE FOR MEMBERSHIP!
NEED A HOME LOAN?
Spring is right around the corner and this
is a great time to consider getting into
a new home or sprucing up your current
one. We have great home loans specifically
designed for every need…whether you are a
first-time homebuyer or a long-time owner.
We offer great terms and great rates as well
as the convenience of applying by phone,
online, or with the streamlined application
found at any branch.
NEW HOME LOAN OPTION AVAILABLE
•
•
•
•
•
•
•
Borrow up to 97% Loan to Value (LTV)
Low fixed interest rates
Terms up to 30 years
Low closing costs
Non-commissioned loan officers
Prior to closing document review
Fast and Easy electronic closing
We’d love to help!
IT’S EASY TO SAVE FOR YOUR FUTURE
An Accumulator IRA is a conservative,
reliable investment. It provides flexible terms
that give you freedom to manage your money
and take advantage of better than Money
Market dividend rates. IRAs are insured
separately up to $250,000.
ELECTRONIC STATEMENTS
Nationwide, identity theft continues to
increase. It has become more important than
ever to find ways to keep your information
secure from others. One effective way to
keep account information private is to
avoid the postal system and receive your
statements electronically. Once you agree
to receive your statement electronically for
free, we’ll notify you by email when your
periodic account statement is available. You
then enter our secure password protected
online banking site and view your statement
from any computer or mobile device 24/7.
Not only will eStatements help protect your
account information but you will receive
all these other added benefits:
Our Accumulator IRAs offer higher interest
rates than traditional bank savings accounts,
with no minimum opening balance, and no
maintenance or annual fees. With its tiered
rate structure, the higher your balance, the
higher your yield. In addition, enjoy the tax
advantages available with your IRA so your
earnings will grow tax-deferred or tax-free,
and boost your retirement savings even faster.
To learn more about University Credit Union’s
IRAs call 801.481.8800.
*Consult your tax advisor with regard to your situation
• Receive statements faster
no waiting for snail mail
• No misplaced statements
review past statements
electronically
• Better for the environment
no paper needed; no additional trash
• Can easily and securely download
save copies electronically, print only
as needed
• More convenient than paper statements
no need to lock your mailbox,
no shredding, no trips to the mailbox,
immediate secure access online
anytime/anywhere
• Personal privacy
no paper statements lying around;
no unauthorized access
With all these added benefits, there is every reason to go paperless. Sign-up today by stopping at one of our
conveniently located branches, within online banking at www.ucreditu.com, or by phone at 801-481-8800.
801-481-8800
CAN BE A HEARTBREAKER
PROTECT YOURSELF
“Identity theft complaints topped the ‘top 10’
consumer complaints received by the Federal
Trade Commission last year for the 12th year
in a row.”
- Home News 2012, Feb. 29, 2012
Tips to protect yourself:
So whether you are a first-time homebuyer
or looking to refinance, improve, or upgrade,
the University Credit Union has a loan
to meet your needs. Call our mortgage
department at 801-481-8840, drop by any
branch, or visit www.ucreditu.com to find
out what options are available.
Consider transferring funds directly from your
checking account to your IRA Accumulator
on a monthly or weekly basis. For example,
if you would like to save $1,000 in an
Individual Retirement Account (IRA) each
year, you would only need to save about
$19 a week.
IDENTITY THEFT
• Check credit reports at least
semi-annually. Sites like
www.annualcreditreport.com
• Check the credit reports of spouses,
parents and children
• Lock your mailbox
• Shred all throwaway documents
• Secure all legal documents,
account numbers, tax documents
and cancelled checks
• Destroy pre-approved credit card offers
• Place mail in secure outgoing mailboxes
or at the post office
• Call the post office if you go more
than 4 days without mail
• Pay close attention to activity on
your statements
• Reconcile bills and statements
diligently and timely
• Pay attention to the expiration date
of credit cards and look for arrival
of new cards
• Sign all new cards immediately
• Avoid the use of your social security
number whenever possible
• Never give out personal identification
information on the phone unless you
have confirmed who you are talking
to or you initiated the contact
A major benefit included FREE with our
Smart and Crimson Checking accounts, and
available at a discounted rate for eChecking
accounts, is access to IDSafeChoice’s many
ID theft protection services which include:
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Fully Managed Recovery
Lost Document Rescue
ID Safe Education
Monitoring of Public Records,
Internet & Social Networks
• 1 Bureau Credit Monitoring
• Credit Report and Score
We take ID theft very seriously and look
forward to helping protect you, our greatest
asset. For more advice on how to combat ID
theft, visit our website www.ucreditu.com or
www.OnGuardOnline.gov.
CREDIT UNION HOLIDAY CLOSURES
Monday May 28 - Memorial Day
Federally Insured by NCUA
Wednesday July 4 - Independence Day