www.siouxempirefcu.org

Consolidated,Unaudited Assets:

$76,439,813Loans:

$46,123,773Members:

10,111

June 2012

NMLS# 198895

MAIN OFFICE5010 S. Solberg AvenueSioux Falls, SD 57108Phone: (605) 339-2152www.cumortgagedirect.com

Ryan Karst, Insurance Agent(605) 275-2011Roger Thompson, Financial Advisor (605) 275-1024 5010 S. Solberg AvenueSioux Falls, SD 57108www.dakotafinancialservices.com

To Reach ANY BranchPlease Dial: (605) 367-7070

EAST BRANCH4701 E. 26th St.

Fax:(605) 371-3153Lobby:9:00-5:00 M-F

Drive-up:7:30-5:30 M-FSat. Lobby & Drive-up:

9:00-12pm

FIRST DAKOTA BRANCH500 W Russell St.

Fax: 605-339-8277Lobby: 8:00 - 4:30 M-F

NORTH BRANCH901 N. West Ave.

Fax:(605) 331-3658Lobby:9:00-5:00 M-F

Drive-up:7:30-5:30 M-F

SOUTHWEST BRANCH5010 S. Solberg Ave.Fax:(605) 367-4344

Lobby:9:00-5:00 M-FDrive-up:7:30-5:30 M-F Sat. Lobby & Drive-up:

9:00-12pm

VA BRANCH2501 W. 22nd St.

Fax:(605) 335-3976Lobby:8:00-5:00 M-F

Mailing Address:P.O. Box 90240

Sioux Falls, SD 57109-0240

Capital Financial Services is an Independent Broker/Dealer and Registered Investment Advisor and is not a bank, credit union or other savings institution or an affiliate of any bank or savings institution. Investments through Capital Financial Services are not deposits or other obligations of, or guaranteed by Sioux Empire Federal Credit Union or Capital Financial Services, are not insured by the FDIC, NCUA or other applicable deposit insurance and involve risks, including possible loss of principal invested.

There are a lot of benefits to being a Credit Union member. Sometimes it’s even hard to keep track! To help you keep up with them, here’s a list of the top five (5) new or overlooked benefits you may be missing out on:

5. Dividend Donations: If you’ve got a heart for giving and a mind for efficiency, don’t miss out on the opportunity to give back to one of your favorite local charities by directing your dividends (interest) to automatically make donations on your behalf!

4. Debit Card Round Up: Knowing you need to save is one thing; actually disciplining yourself to do it is another. With Debit Card Round Up, you can automatically save using the “spare change” from your debit card purchases. You’ll have the money you need for that upcoming vacation in no time!

3. Financial Education Courses: We’ve covered topics ranging from: how applying for a loan works, what to expect when buying a vehicle or home, and the basics of IRAs and Tax preparation. These sessions will continue

to be held throughout 2012 and will continue to answer your burning questions about today’s hottest financial topics—all for FREE. Be sure tovisit https://www.siouxempirefcu.org/category/events/financial-literacy/ for the upcoming sessions, and if you missed some, be sure to check them out at www.youtube.com/siouxempirefcu.

2. Mobile Text Banking: Want to know the balance of your accounts within seconds? Want to get a text message notifying you when your account drops below a certain dollar amount? Mobile Text Banking is one of the easiest and fastest ways to get simple information on your accounts right in the palm of your hand. All you need is text-messaging capability on your phone.

1. Credit Union credit cards: Chances are you’re using a couple of credit cards, but are you using a credit card from your Credit Union? If not, be sure you consider the always-low rates, convenient online management, and lack of annual fees you’d have by using a Credit Union card. Need to switch cards? Don’t fret, transferring your balances to one of our cards is easy.

Top 5 Credit Union BenefitsTop 5 Credit Union BenefitsYou’re Not Taking Advantage ofYou’re Not Taking Advantage of

Credit Union Doorbuster Event Draws Large CrowdSioux Empire Federal Credit Union recently held their “Black Saturday” doorbuster promotional event, where people were lined up outside their doors in the early hours of the morning (some as early as 3:00am!) in order to take advantage of the Credit Union’s low auto loan rates.

The event featured doorbuster low-rate auto loans, where the Credit Union preapproved close to 85 people for approximately $1.7 million in extremely low-rate loans on a first-come-first-serve basis.

“Everyone had a great time on Saturday, and many people walked away with some outstanding auto loan rates. The scene was reminiscent of Best Buy on the Friday morning after Thanksgiving,” said Collin Long, Sioux Empire Federal Credit Union Marketing Specialist.

Members of the Sioux Falls community also enjoyed many other activities during the Saturday morning event, including: • Taking advantage of the onsite shred truck as a secure way to dispose of their sensitive

documents. • A special appearance by the Sioux Falls Pheasants’ mascot, “Ringer,” and members of the

Pheasants’ street team as well as ticket giveaways. • Numerous door prizes. • A live Hot 104.7 radio broadcast.

Other friends of Sioux Empire Federal Credit Union were also present on June 9th to help celebrate the day and provide door prizes, great vehicles to look at, and beverages. Those partners included: CU Mortgage Direct, LLC; Dakota Financial Services, and Extreme Automotive.

www.siouxempirefcu.org • CU*Talk 24-Hour Line (605) 335-0723

Many Choices of Home Loan Products Available to YouCU Mortgage Direct, LLC, the mortgage CUSO for Sioux Empire Federal Credit Union, gives you many choices of home loan products. With many Federal regulatory mortgage changes, we can offer a variety of products to best fit your down payment, credit and income qualifications. The SDHDA first time home buyer program offers a down payment assistance program as well as low interest rates. There is a maximum household income requirement and purchase price requirement. The FHA loan offers low rates along with a lower down payment requirement and gifts for down payments are allowed. There are no maximum income requirements for the FHA loan programs. The VA loan offers qualified Veterans a no down payment and no monthly mortgage insurance option financing. RD (Rural Development) mortgages allow rural area home buyers an alternative with no down payment requirement. There is an income requirement for this program. The conventional loans offer low rates along with the flexibility of no mortgage insurance or lower monthly mortgage insurance options.

CU Mortgage Direct, LLC has all of the low cost, low down payment and flexible options that you deserve as a Sioux Empire Federal Credit Union member.

Stop in to one of our four offices or log on to www.cumortgagedirect.com to get more information or apply today!

Premier Tax TipsAlthough the tax season is over, we’d like to share some tax tips periodically as the year progresses. Tip: Got a new raise or a big bonus? Check that your tax withholdings are correct so you’re not surprised next tax season if you get less of a refund or may have to pay in due to an increase in income.

Don’t wait to learn more until the deadline is here or you’re anxious for your refund. You can save time, money, and headaches in 2013 by being organized and planning ahead. To learn more or contact a tax professional, visit www.premiertaxpreparers.com.

Tired of Low Yields and Market Volatility? Get "Indexed".By Roger Thompson, Financial Advisor, Dakota Financial Services

With interest rates at such low levels these days, many IRA investors are turning to financial products like fixed index annuities and equity index certificates of deposit for potentially better returns. Fixed index annuities are contracts with and guaranteed by insurance companies. Equity index CDs are issued by banks, sold through brokerage firms, and their principal is guaranteed by FDIC at maturity. One similarity between these products is they both typically may earn a rate of return that is tied to the performance of an equity index like the S&P 500. Both products usually advertise a minimum guaranteed value when held to maturity. Index-linked products may be suitable for investors with a longer-term time horizon of at least 5 to 10+ years. These products can be complicated due to features such as participation rates, cap rates and numerous interest crediting methods. Index annuities may offer partial withdrawal features that allow for annual withdrawals of up to 10% of the contract value while the principal and sometimes even the gains of an equity index CD might not be accessible until maturity. For more information about fixed index annuities or equity index CDs and how they may fit into your retirement income plan, please see or call Roger Thompson, Financial Advisor with Dakota Financial Services Inc., located in the main branch of the Sioux Empire Federal Credit Union, 5010 S Solberg Ave, Sioux Falls, SD. Telephone: 605-275-1024.

Annuity guarantees are provided by the insurance company and are subject to their claims paying ability. Dakota Financial Services Inc. offers securities and investment advice through Capital Financial Services, Inc. Capital Financial Services, Inc. is an independent Broker/Dealer and Registered Investment Advisor and is not a bank or other savings institution or an affiliate of any bank or savings institution. Investments through Capital Financial Services are not deposits or other obligations of, or guaranteed by a financial institution or Capital Financial Services, are not insured by the FDIC, NCUA or other applicable deposit insurance and involve risks including loss of principal invested. Broker/Dealer Investment Advisor Member FINRA/SIPC.