SHAREHOLDER’S EDGE

JANUARY 2014

TIP: Use your Visa Debit Card as a “credit”

transaction (requiring your

signature) when making large purchases. “Debit”

transactions require your PIN and there’s

a $300.00 daily limit. Don’t forget: Debit Card

transactions cannot be made between 8:30‑9:30 PM daily.

CREDIT

Our members are important to us. The strength of our cooperative is important, too. So, we depend on members using our services, and we want to reward their loyalty. By combining a variety of services, you can enjoy special benefits such as rate discounts and exclusive offers. You’ll be True Blue!

To qualify you must use:• Checking with Direct Deposit• Virtual Branch Online Access• Bill Payment ServicesFor more details, stop in and talk to

one of our representatives, or visit us online at www.huefcu.org.

Your choice for better banking is now easier than ever. Choose your credit union where checking is free and it’s from a trusted and reliable source you know well!

• No minimum balance requirement

• No monthly maintenance or service fees

• No per check charge• Unlimited check writing• Optional overdraft protection• Free Visa Debit Card• Surcharge-free ATMs for cash access

nationwide and in your neighborhood• Free Virtual Branch online access• Convenient Electronic Bill Pay• Lower-than-average fees for special requests like stop paymentsStop by the branch office to open your new Free Checking Account today!

KNOW the DIFFERENCE• A Savings Account is for saving money. It’s not intended for frequent

withdrawals. However, you may make a limited number of withdrawals each month. These funds may be accessed by an ATM card, but with limitations.

• A Checking Account is a transactional account. It is designed for frequent activity, with deposits and withdrawals occurring at any time. There are no limitations to the number of withdrawal each month. A Visa Debit Card is used for convenient access at stores, ATMs and online. If you want to have daily access to your funds, then a checking account is for you! Questions? Please stop by to speak with a representative.

Loyalty Pays!

4000

GOODTHRU

Tax Time TipsHold on to That Statement!

Do you keep all of your tax-related paperwork in one place? Hopefully you do, so make sure to file your end-of-the-year statement with it. Dividend earnings and interest paid on loans for 2013 will appear on it, and you’ll need that information when you or your tax preparer do your taxes.

If your dividends for the year amounted to more than $10, you should expect to receive IRS Form 1099. Watch for it to arrive in the mail sometime in January.

Change of Address Notification.Be sure to let us know if your address changes. We want all important

information about your account to find you! And we want you to be sure and receive your statements and IRS Form 1099.

On the Horizon for HUEFCUA full-service

First Mortgage Program is coming soon.

We’re helping you build a better today for a brighter tomorrow.

Watch for notices on our website!

Howard University employees Federal Credit Union

www.huefcu.org

Main Campus 525 Bryant Street, NW, Room C-102

Washington, DC 20059 Phone: 202-806-6128 Fax: 202-806-4511

Routing Number 254074727NMLS #1130623

Federally Insured by NCUA

Loan RatesEffective November 1, 2013

Auto Loans New and Used As low as 3.00% APR* (New vehicles financed up to 125% of the

purchase price plus tax, tags, extended warranty, and GAP insurance. Used vehicles shall not exceed 100% N.A.D.A. Official Used Car Guide retail value plus extended warranties, taxes and tags.)

Signature Loans As low as 10.00% APR

Lines of Credit — HUCASH 8.95% APR

Share Secured Loans up to 60 months 4.00% APR

Second Chance Loans 17.00% APR*APR = annual percentage rate

Dividend RatesAll Share Accounts .10% APY* Effective October 1, 2011

(Subject to change quarterly.)*APY = annual percentage yield

StaffMr. Michael E. Hines, CEOMs. Chaweewan Boykin, Operational

AccountantMs. Tammy R. Kemp, Member Service

SupervisorMr. Terrell J. Downing, Office Assistant

Office HoursMon., Tues., Wed., Fri. : 9:00 a.m. to 3:00 p.m.

Thurs.: 9:00 a.m. to noon

Statistics as of November 30, 2013

Assets $10,951,983Shares $8,201,419Loans $3,565,261Members 2,073

HolidaysMartin Luther King, Jr. Day —

Monday, January 20Presidents Day — Monday, February 17

E Printed on recycled paper with soy ink © 2013 visions, ink. 332035 12/13

Dormant Account ReminderAn account is considered inactive after one (1) full year with no activity.

The account is considered dormant or abandoned after three (3) years with no activity and funds must be forfeited to the District government. Inactive accounts with HUEFCU are assessed a monthly service fee of $5.00.

Are you ready for it?

If you have resolved to finally get your finances in order this year, we think we can help. Holiday bills mount up. Consolidate the holiday leftovers with your other debt into one loan with one single payment… and we think that one payment will be less than the total of all your monthly payments.

A Personal Loan can be used for any good and worthwhile purpose. Borrow up to $10,000 for terms up to 60 months. Use direct deposit for easy repayment, too. That way you’ll never be late or forget to make a payment.

So get your finances in shape this year and get on the road to financial stability with a little help from your credit union! Call, stop by or apply online. We’re here for you!