Security Plus_Sharing Times Fall 2014

TIMES

Sharing securityplusfcu.org

INSIDE THIS ISSUE Using Your Home Equity A Free Benefit to Our Members Learn While You Serve In the Community

Fall 2014 . Issue #8

A Securityplus Holiday Loan is a great option if you need help

getting ready for the holidays! Plus, our Holiday Loan can be used for more than just holiday expenses—take a trip, complete home improvement projects, pay off debt and more!

Borrow between $1,000 and $5,000!

Extended terms mean a more affordable monthly payment.

Offer ends December 31st.

It’s easy to apply. Visit securityplusfcu.org/holidayloan, contact 410-965-8908 or 1-866-4SECPLUS or visit your nearest branch.

Be a smart cookie…

with a holiday loan from Securityplus! (as low as)

Repayment Term

Loan Amount

Monthly Payment

7.99% APR*

12-months

$1,000

$86.98

9.99% APR*

24-months

$3,000

$138.42

10.99% APR*

36-months

$5,000

$163.67

Rate

RATES AS LOW AS

% 7.99 APR*

(as low as)

*APR = Annual Percentage Rate. Rates are effective 10/1/14 and are based on an evaluation of each applicant’s credit history. Your rate/monthly payment could be higher. Limit one Holiday Loan per member. Loan is not eligible for rate discount for automatic repayment or payroll deduction. Offer effective 10/1/14 – 12/31/14.

© 2014 Securityplus Federal Credit Union

It’s Not Rocket Science...It’s a HELOC MESSAGE FROM THE CEO

A one hundred million milestone has been reached in the Credit Union Movement. Today, there are over 100 million memberships in credit unions nationwide.

That number becomes even more impressive when you consider the population of the United States is just over 300 million. We hope Securityplus reflects all the positive characteristics that have drawn people to credit unions since they came into existence in 1934.

In the past several years, we’ve heard about many government and state investigations of large scale financial institutions where consumers have allegedly been mistreated in an effort to generate profit. Many of these probes have resulted in record setting billion dollar settlements. Credit unions have steered clear of these issues primarily as a result of our fundamental not-for-profit, people helping people philosophy. Consumers today recognize there are other options and credit unions have benefited by staying true to their unique philosophy.

Since credit unions were added to the American Customer Satisfaction Index (ACSI) in 2009, they have outperformed banks in terms of customer satisfaction every year. Plus, in 2014, the Chicago Booth Kellogg School Financial Trust Index showed that consumers trust credit unions more than banks.

The index showed trust in credit unions is 60% while trust in big banks is 30%. While 60% is lower than what I would like to see, being perceived as more than twice as trustworthy as your competitor in an age of justifiable skepticism is impressive.

I’m happy to report that our membership is showing excellent growth this year. We are working hard to exceed member expectations and earn your trust.

At the same time, we’re letting more people know about our institution and our mission. As a result, we are seeing more new members come through our doors. As we grow bigger, our intent is to continue to provide competitive rates, excellent service, low fees, and technology services that make your financial life easier. As we have tried to do since we opened our doors in 1938, we will keenly listen to our member-owners and stay focused on serving you well—no matter how big we get.

Sincerely,

Brett Noll Chief Executive Officer 2 . SHARING TIMES

A Home Equity Line of Credit (HELOC) allows you to borrow against the available equity in your home and use the funds for whatever you need.

Securityplus HELOC Features: No closing costs when $10,000 or more is taken at settlement‡ The freedom to borrow up to $200,000 or 100% of your available equity Rates as low as 3.25% APR* with repayment terms of up to 180 months Easy access to your funds by convenience check, a deposit to your Share or Checking account, or an advance request No points, no application fees and no appraisal fees Tax advantages† Rates as low as 3.25%

APR*

It’s easy to apply!

Visit securityplusfcu.org/heloc, contact us at 410-965-8908 or 1-866-4SECPLUS or visit your nearest branch. *Annual Percentage Rate. This is a variable rate loan and the annual percentage rate may change monthly. Prime Rate effective 9/1/14 is 3.25% as published in the Wall Street Journal. The rate floor of all Home Equity Lines of Credit is 3.25% APR. Minimum loan amount is $500. Current Home Equity Lines of Credit from Securityplus are not eligible for this offer. Offer valid 9/1/14-12/31/14. ‡No closing costs when $10,000 or more is taken at settlement. †Consult your tax advisor.

Turn Everyday Visa Debit Card Purchases into Cash!

Get cash back by using your Securityplus Visa Debit Card to take advantage of special offers and discounts from local and national retailers.

Click – to activate an offer at the types of places where you like to shop.

Shop – online or in-store to redeem your offer; you must use your Visa Debit Card.

Enjoy – cash back; deposited directly into your account at the end of the next month.

Purchase Rewards is a free benefit to our members, and is only available within Online Banking. If you currently use Online Banking, simply log in and your rewards will be automatically displayed on the ‘Account Access’ page.* Don’t currently use Online Banking? Don’t worry. Contact us at 410-965-8908 or 1-866-4SECPLUS for assistance. *As a Visa Debit Cardholder and an Online Banking user, you will automatically receive offers. You may opt-out of this service at any time.

Become a Director—Learn While You Serve Securityplus is looking for individuals who want to put their talents to work to serve on the Board of Directors, as well as other volunteer committees.

Learn while you serve! Directors receive excellent professional training opportunities which benefit them while they volunteer their time and efforts to benefit the Credit Union members they represent. Serving on the Board of Directors gives you the opportunity to acquire knowledge, skills and experience in: Strategic and practical planning Budgeting Analyzing data to make substantive financial decisions And so much more Interested members, including incumbents, must complete and forward a Self-Nomination Statement form to the Nominating Committee by Friday, November 7, 2014.

To obtain a Self-Nomination Statement form, visit securityplusfcu.org, after October 6th, and click on the ‘News & Promotions’ section. You can also obtain a copy by visiting the nearest branch or contacting us at 410-965-8908.

Securityplus in the Community Our mission of service isn’t limited to helping members achieve financial well-being. We’re here to create better lives for people in our community.

June 27 Clean Green 15 Challenge A team of volunteers collected litter at Gwynn Oak Park in Woodlawn as part of the Baltimore County Public Schools’ anti-litter initiative.

September 6 Reisterstown Festival Parade Securityplus was a proud sponsor of the Reisterstown Festival this year and participated in the annual parade.

Questions? Contact the Nominating Committee at 410-281-6281 or email nominatingcommittee@securityplusfcu.org.

Get involved! You can make a difference.

Dormant Accounts Did you know…your account with Securityplus may be dormant if: You haven’t made a withdrawal from, or deposit to your account in the last 36 months.

September 20 Community Shred Event Securityplus held its semi-annual shredding event to help guard against identity theft.

We have not been able to contact you in the last 36 months.

If your account becomes dormant, a dormant account fee will be incurred, and the account will be presumed to be abandoned. In accordance with Maryland law, the funds in the abandoned account will be remitted to the custody of the state and we will have no further liability to you for those funds.

We reserve the right to not send statements or pay dividends on accounts we consider dormant, subject to applicable law. If we charge a fee or stop paying dividends on an account we have classified as dormant, applicable law prohibits us from reversing the charge or retroactively crediting dividends.

Haven’t used your account in quite some time? It’s not too late to benefit from the products and convenient services available to you. A deposit or withdrawal will reactivate your account, or you can simply notify us that you want to keep your account open.

Contact us at 410-965-8908 or visit the nearest branch.

Visit securityplusfcu.org for more information on upcoming events.

In Memory Robert ‘Bob’ Wolfe Former Securityplus Board Director & Volunteer 1932-2014 SHARING TIMES . 3

CONTACT US

PRSRT STD U.S. POSTAGE PAID VISIONS INK

BRANCH LOCATIONS & HOURS Franklin Branch 11700-E Reisterstown Road Reisterstown, MD 21136 Lobby & Drive-Thru Hours: M-Th 9am - 4pm Fr 9am - 6pm Sat 9am - 1pm

PO Box 7560 Baltimore, MD 21207-0560

Northwest Plaza Branch 4470 W. Northern Parkway Baltimore, MD 21215 Lobby & Drive-Thru Hours: M-Th 9am - 6pm Fr 9am - 7pm Sat 9am - 1pm Roland Park Branch 4800 Roland Avenue Baltimore, MD 21210 Lobby Hours: M-F 8:30am - 4pm Woodlawn Branch 1514 Woodlawn Drive Baltimore, MD 21207 Lobby Hours: Drive-Thru Hours: M-Th 9am - 4pm M-Fr 9am - 6pm Fr 9am - 6p Sat 9am - 1pm Sat 9am - 1pm CMS Branch (Restricted Access) 7500 Security Blvd., CLL-09-13 M-Fr 8:30am - 3pm

CORE VALUES

Main Office Branch (Restricted Access) 6401 Security Blvd., 1607-OPS M-Fr 8:30am - 3pm Security West Branch (Restricted Access) 1500 Woodlawn Drive, Room 1-P-12 M-Fr 8:30am - 3pm CALL CENTER/LOAN HOTLINE 410-965-8908 or 1-866-4SECPLUS (Press #3 to speak with a representative) M-Fr 8am - 6pm Sat 9am - 1pm INTERNET ADDRESS www.securityplusfcu.org MAILING ADDRESS PO Box 7560 Baltimore, MD 21207-0560

VISION STATEMENT

Our members’ first choice.

The essential and enduring tenets to which the Credit Union subscribes. We use the acronym ‘HOPES’ to easily remember our five core values.

MISSION STATEMENT

Building lasting relationships with members.

Honesty Oneness People Helping People Excellence Solutions

OUR PROMISE

To create a positive difference for our members, our communities, and our employees.

CREDIT UNION DIRECTORS Bernice Chase Chairperson Barbara Cuffie Vice Chairperson Rudolph T. Isaacs, Jr. Treasurer Noma Carter Secretary

Andre F. Brown, Sr. Derryck Fletcher Donna Jackson Alicia Luster John Taylor

For a complete list of Securityplus volunteers, visit securityplusfcu.org

Holiday Closings • Columbus Day, October 13th • Veterans Day, November 11th • Thanksgiving Day, November 27th EQUAL

OPPORTUNITY

LENDER

4 . SHARING TIMES

Federally Insured

by NCUA 341186 10/14 VI

• Christmas, December 25th • New Year’s Day, January 1st, 2015