Draft version 4 newsletter feb POLAM

NEWSLETTER

CHRIS NOTE GOES HERE Maecenas laoreet, ante vitae varius mattis, massa lorem iaculis ipsum, non gravida orci magna id metus. Nulla porttitor mollis leo eget aliquam.

Suspendisse commodo facilisis lorem eu accumsan. Lorem ipsum dolor sit amet, consectetur adipiscing elit. Lorem ipsum dolor sit amet, consectetur adipiscing elit.

Aenean sagittis ex laoreet tortor porta maximus. In vehicula quam eu suscipit bibendum. Vestibulum iaculis nisl arcu, et porta risus suscipit sed. Mauris vel aliquet quam. Sed in ligula vitae sem posuere pellentesque et ac libero.

facebook.com/polam.fcu/

twitter.com/PolamFCU

YOU Choose OUR NEW TAGLINE FOR A CHANCE TO WIN A $75 TARGET GIFT VOUCHER A few months ago, we put a fresh new look on our logo and we would love to get your vote on our new tag line that expresses the essence of POLAM Federal Credit Union.

For years we have been without a tagline . We have created six tag lines and we want you to select your favorite from the list and for taking part, you will be entered into our FREE drawing with a chance to win a $75 Target Gift Card.

It's easy to enter and vote. Simply visit www.polam.org/youchoose-our-tagline/ register and vote before February 29th 2016. The lucky winner and new tagline will be announced 7 March 2016. Terms and conditions apply.

In this issue

Some secrets shouldn't be kept! Refer a member and earn $250

POLAM in the Community

Upcoming events, news and money matters

"You didn't hear this from from me but.."

Refer a member and earn up to $250 Share the benefits of POLAM with family and friends As a member based, not for profit financial cooperative, continued growth is key to our success.

For a limited time, to thank you and encourage new members to join the credit union, we are offering a cash incentive.

Here is how it works.

To make a referral, make sure that your friend or family member lives, works, or studies in Southern California. You can refer as many people as you like. To qualify for the referral program, all parties must be at least 18 years of age.

INCENTIVE (ONE PER NEW MEMBER) New member joins POLAM and opens Saving account New member joins POLAM opens a Saving, Checking account and Checking card New member joins POLAM opens a Saving, Checking account and Direct Deposit

MEMBER RECEIVES

NEW MEMBER RECEIVES

$25

$25

$75

$75

$125

$125

Refer a loan Here is how is works

Earn incentives for sharing the benefits of our low rates and flexible leading terms Both the referring member and the loan applicant will get an incentive when a loan is booked.

The loan applicant must include and the name of the referring member during the application process.

$50

when someone you refer applies for and closes a loan

$250

when someone you refer applies for and on a mortgage

Existing Members may receive multiple incentives for each new loan referral, but the Member applying for the loan is eligible for one incentive at the time of initial approval. Visit the POLAM web site www.polam.org/refer-and-member/ for full details and making a referral.

Thank you for helping us grow. You, our members, are our best ambassadors and we value your business and support.

Where do credit reporting agencies get their information?

What's it Worth to You?

The productivity blog lifehacker.com recently asked its readers what was the smallest denomination of money they would pick up.

Assuming germs were not a factor, here's what 6,000 people said: Credit reporting agencies get information from your creditors, such as a financial institution, credit card issuer, or auto finance company.

They also get information about you from public records, such as property or court records. Each credit reporting agency gets its information from different sources, so the information in one credit reporting agency's report may not be the same as the information in another credit reporting agency's report.

Make sure you monitor your credit history at least once a year from the three credit bureaus: Equifax, Experian, and Transunion. These bureaus are all publicly-traded, for-profit companies who are not owned by the government.

For more information like this, visit the members' resource and help center section of the polam web site.

Who would pick it up?

1c

31%

5c

11.5%

10c

6.5%

25c

27%

$1

16%

$5 bill

4%

More than $5

4%

POLAM in the community

Members' Survey We recently asked you, the members, for your opinion about the services and products we provide, and how we can improve our service to you.

As a thank you for completing the survey, respondents where entered into a prize draw to win an Amazon gift voucher. The lucky winner of the draw was Kasia.

The 60th Krakusy Carnival Ball, Long Beach Marzena Wisnewski, POLAM's Loan Officer, announcing the winners of the cash prize aboard the Queen Mary at the recent Krakusy Carnival Ball, sponsored by POLAM Federal Credit Union.

Beat the Jargon

The Financial world is filled with complex words. Here are few explained.

Amortization: The process of reducing debt through regular installment payments of principal and interest that will result in the payoff of a loan at its maturity.

Annual Percentage Yield (APY): A percentage rate reflecting the total amount of interest paid on a share account based on the interest rate and the frequency of compounding for a year.

5 reasons to sign up for the POLAM Newsletter 1. It's free!

2. You won't miss anything 3. You will be sent special alerts on benefits, offers and promotions 4. You will get tips, access to financial tools and resources 5. It's available online!

Sign up at www.polam.org/newsletter

Thank you to all members who completed the short survey. By participating in the survey, you made your voice heard and help to shape the future of POLAM.

" Did You Know that POLAM Board of Directors are volunteers elected by the members?"

EVENTS CALENDAR May 6 POLAM General Meeting, Sportsman Lodge, LA June 11 Polish Day, Long Beach Oct 11 17th Polish Film Festival, LA

POLAM Federal Credit Union 589 N. Larchmont Blvd. Los Angeles, CA 90004 www.polam.org email us: polam@polam.org Telephone: 323 463.5137