Member

www.TeachersFCU.org

March 2018

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Coming Soon: TFCU’s Personal Financial Manager Program. Watch for Details

Important Notice Regarding Your Tax ReturnsTAX INFORMATION

To ensure efficient and timely processing of your tax refund or payment, please confirm that you are using your full account number as it is shown on your statement. Use of only your member number or an incomplete account number may result in processing delays.

If you are not sure of your full account number, you can obtain it in online banking. 1. Click on the account type you need the number for (ie: Share Draft Checking) 2. On the right hand side of your screen, in a box it lists your balance and available balance. Under it, in blue type, it reads “See account details”. Click on this option and your full account number will be displayed.

A second option, if you know your member number, is to contact our Call Center at 631-698-7000, extension 6780, and ask for your full account number.

Chris Hibbard, ChFC, CRPC, CFSSenior Financial Advisor , Trust Liaison Officer5439 Sunrise Hwy., Holbrook, NY 11741(631) 698-7000 ext. 6020

HOME

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates & terms accurate as of 2/20/18. Maximum loan amount is $453,100. Pay $4.92 per $1,000 borrowed for 30-year fixed rate mortgage at 4.31% APR. Taxes, insurance and other costs will result in a higher monthly payment. Primary residence only. This is not a commitment to lend. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rate shown is for purchase or refinance, up to 80% financing. Other rates and terms available for loan to values above 80%. **APR: Annual Percentage Rate. Rates & terms accurate as of 2/20/18. Jumbo mortgages available from $453,001 up to $3,000,000. Pay $4.49 per $1,000 borrowed for 10/1 Adjustable rate jumbo mortgage at 4.00% APR. Rates fixed for 10 years. Subsequent adjustments made annually. 2% annual cap; 5% lifetime cap. Margin 3.00%. Index: 1 year Constant Maturity Treasury (CMT).Taxes, insurance and other costs will result in a higher monthly payment. Primary residence only. This is not a commitment to lend. If your down payment is less than 20% of the home’s value, you will be subject to private mortgage insurance, or PMI. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rate shown is for purchase or refinance, up to 80% financing. Other rates and terms available for loan to values above 80%.

We Offer Fixed Rate Mortgages up to $453,100

and Jumbo Mortgages up to $3,000,000!

APR*

RATE

30-YearFixed Rate Mortgages

Rates as low as

4.25%

4.31 %No Points.

APR*

RATE

10/1 Adjustable Rate Jumbo Mortgages

Rates as low as

3.50%

4.00 %No Points. Other Adjustable and Fixed Terms Available.

APR**

RATE

TFCU Offers Jumbo Mortgages up to $3,000,000 with 80% financing & up to

$1,000,000 with 90% financing & PMI approval.

TFCU’s New Solar Energy LoanENERGY SAVINGS

*Annual Percentage Yield (APY) accurate as of 2/20/2018. All rates and terms are subject to change without notice.

• No interest and no payments for the first 24 months• UCC-1 filing required• Loan is exclusive to NEC customers only

TFCU is pleased to announce that we have partnered with National Energy Connection (NEC), located in Plainview, to make solar energy a possibility for our Long Island members.

If you’re interested in “going solar” check out what NEC has to offer, then turn to TFCU to fulfill your financial needs.

We are offering our members:• Unsecured loans for up to $35,000• Low fixed annual percentage rates of up to 7.99%*• Flexible repayment terms of up to 96 months

For more information on this or any loan TFCU offers, speak to a representative at 631-698-7000, extension 3700 or visit www.TeachersFCU.org.

Shop ALL of the Cars!The region’s largest inventory of new and preowned vehicles,

available on one convenient website. Shop today!

Visit TFCU.GrooveCar.com or call (866) 476-6834.

EVERYTHING AUTOMOTIVE powered by

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For more information on either of these products, please contact a representative in our Call Center at 631-698-7000, extension 6790.

*APR: Annual Percentage Rate. Rates and terms accurate as of 2/20/18. All rates and terms are subject to change without notice. Term: 180 Months. Daily Periodic Rate is 0.0075%. Rate applicable for terms up to 120 months. Higher terms are available. Ask for details. HELOC max $500,000 (up to 80% of home value, rate shown for 80% max. LTV). Lines up to $100,000 require $10,000 min. advance & must maintain a balance of $5,000 for 36 months to avoid repayment of closing costs. Lines $100,001 - $250,000: $60,000 advance & maintain a balance of $50,000 for 36 mos. to avoid repayment of closing costs. Lines $250,001 - $500,000: $150,000 advance & maintain a balance of $100,000 for 36 mos. to avoid repayment of closing costs. Variable rate equal to the Wall Street Journal Prime Rate (4.50% as of 2/20/2018) as published 30 days prior to interest rate adjustment date, applied at loan origination. After 12 month period, a 1% maximum rate adjustment is allowed per quarter. Rate will not exceed 18% over the life of the loan. Appraisal will be required. Primary residence – New York only. Ask for details. Membership conditions may apply. **APR: Annual Percentage Rate. All rates and terms are subject to change without notice. Rates/terms accurate as of 2/20/18. Rates will be based on credit history. Rate shown is the lowest available. Applicants not approved at these rates or terms may be offered credit at a higher rate or term. Lien must be in first position on the subject property. Appraisal will be required. Primary residence – New York only. Ask for details. Membership conditions may apply.

NO CLOSING COSTS!

2.74%

Interest-Only Home Equity Line of Credit

ADJUSTABLE RATE

APR*

NO CLOSING COSTS!3.50%

First Lien Position Mini-Home Equity Loan

FIXED RATE60-120 Month Term

APR**

Free Seminar “Protect Yourself from Becoming a

Victim of Fraud”Every year, thousands of Americans are impacted by fraud and scams. Join us for a free presentation hosted by an AARP Fraud Watch Network volunteer. Learn about the latest scams and valuable tips to protect against becoming a victim yourself.

YOU’RE INVITED

Date: Wednesday, March 21, 2018Time: Registration begins at 8:00 a.m.

(Continental breakfast will be served.) Program runs from 8:30 a.m. to 10:00 a.m.Where: Teachers Federal Credit Union, Hauppauge Office

102 Motor Parkway - Lower Level Meeting Rooms 1 and 2

To reserve your place, please e-mail Jennifer Gunn at jenniferg@teachersfcu.org.

(Be sure to include your name and contact phone number) or call 631-698-7000, extension 3322.

Fast Approval & Low Rates!

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates and terms are effective 2/22/18. Rate will be based on credit history. Rate shown is lowest rate available. Applicants who are not approved at these rates or terms may be offered credit at a higher rate and/or different terms. Rates not available on Buy Rite Plus balloon loans or leases. Not eligible for Educated Choice, Auto Transfer. Pay just $17.51 for every $1,000 borrowed with a 60-month term at 1.95% APR for new auto loans. Pay just $17.74 for every $1,000 borrowed with a 72-month term at 2.49% APR for used auto loans.

• Finance up to 100% of the purchase price - including sales tax and warranty.

• Take advantage of our quick approval process.

• Lower your payment by refinancing your car loan from another lender with us.

New AutoNew rates as low as

1.95%APR*

Used Auto

for up to 72 monthsFull Financing Available

Maximum 4 Model Years Old (Inc. Current Year) Other Rates/Terms Available

New rates as low as

for up to 60 months

Get Pre-approved and Save!

APR*2.49%

AUTO

Certificate Account Specials

Win $2,500 for CollegeTFCU will award $2,500 scholarships to six high school seniors who plan to continue their education.

To be eligible, the student must be:• Graduating from high school this spring• Attending an accredited college, vocational, or trade school in

the fall (If selected, you will need to provide us with a letter ofacceptance from the school you plan to attend.)

One Entry

Per Student

• A member (or one parent a member) of TFCU by the date ofthe drawing. (A savings account, with a minimum balance of$1.00 is required for membership.)

To enter, apply online no later than Friday, April 27, 2018. Six names will be drawn in early May. All winners will be notified by mail and a list of winners will be posted in all branches.

Apply on our website. Look for the “Annual Scholarship Drawing” link on our home page, under the “What’s New @ TFCU” heading.

*Family members of TFCU’s employees and officials are not eligible to enter.

EDUCATION

Planning Home Improvements this Spring? Let TFCU Help with Your Funding Needs!

HOME

TFCU’s Annual Meeting will be held on Monday, April 23, at 6 :00 pm at TFCU’s Main Office in Hauppauge. All members are welcome.

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• 5.00%* Annual Percentage Rate • Minimum loan: $250• Maximum loan: $3,000• Repayment terms: Up to 12 months for $1,500 Up to 18 months for $3,000• Purpose – Oil, electric or natural gas bills

ENERGY ASSISTANCE

Let Us Help you Keep your Home Warm With TFCU’s Energy Assistance Loans

This loan is available through March 31, 2018. For more information, call (631) 698-7000, ext. 6790.

*APR = Annual Percentage Rate. All rates and terms are subject to change without notice.

TurboTax is for anyone who wants a simple, effective way to do their taxes while improving their ability to uncover the best deductions for their needs and a lower risk of an audit.

Access to “My TurboTax” is available in our Online Banking program, under the “Additional Services” heading. There is no cost to file forms 1040EZ and 1040A. Other options for Federal filing start at $39.99.

TAX SEASON

TurboTax Makes Filing Your Taxes Quick and Easy

Date: Wednesday, March 21, 2018Time: Registration begins at 8:00 a.m. (Continental breakfast will be served.) Program runs from 8:30 a.m. to 10:00 a.m.Where: Teachers Federal Credit Union, Hauppauge Office 102 Motor Parkway - Lower Level Meeting Rooms 1 and 2

Teachers Earn 6 CEUsIf you want to get a primer for the main topics covered in a personal finance curriculum, this workshop is for you. Using the life-long learning or “Big Picture” approach to financial education, teachers will leave with a variety of tried-and-true educational resources including complete lesson plans, assessments, and extension activities.

Topics cover financial decision making, saving, budgeting, financial services, consumer credit, taxes, risk management, investments, and retirement. Students learn how to make better financial decisions and reap the life-long benefits. Using active learning methods, videos, and podcasts, teachers can make learning personal finance fun.

FINANCIAL EDUCATION

FREE Financial Education Training Class – Grades 9-12Date: Friday, April 13

Time: 8:30 am - 3:30 pm(Continental breakfast will be served)

Where: Teachers Federal Credit Union 102 Motor Parkway Hauppauge, NY 11788

To register, contact: Jennifer Gunn jenniferg@teachersfcu.org

Please include your name, grade level and school district in your e-mail or call 631-698-7000, extension 3322.

Co-Sponsor: Council for Economic Education

Certificate Account Specials

18-Month

1.80APY*

%Minimum Opening Balance $1,000

Savings federally insured to $250,000

All rates and terms are subject to change without notice. *APY: Annual Percentage Yield. Rates and terms are effective 2/20/18. A penalty may be imposed for early withdrawals.

SAVINGS

Limited Time Offer!

30-Month

2.35APY*%

Kings Park Now Open! Located at 742 Route 25A, next to CVS.

BRANCH HOURS: Monday – Wednesday: 8:30am – 4:30pmThursday – Friday: 8:30am – 6:00pmSaturday: 8:30am – 4:30pm

NEW BRANCH

Walk-Up and Drive-Up Full Service Video Tellers/ATMs available.FREE Coin Machine Service for Members.

STOP BY AND VISIT OUR NEW STATE-OF-THE-ART FACILITY

TFCU’s Annual Meeting will be held on Monday, April 23, at 6 :00 pm at TFCU’s Main Office in Hauppauge. All members are welcome.

† Facility employees only

Branch Locations

Convenient Loan Call Center Hours 24/7 Loan Information & Applications

631-698-7000, Ext. 6790.

TFCU’s Routing Number: 221475786

Check www.TeachersFCU.org for all of our GREAT RATES!

twitter.com/TFCU

Board Of DirectorsTimothy M. Southerton, ChairmanGeorge L. Dornhoefer, Vice ChairmanJuan C. Nuñez, TreasurerApril S. Neitlich, SecretaryRaymond P. GrossmanRonald A. MincioRobert J. NeyMario P. ShortinoShalei V.K. SimmsF. Jane Harris, Director EmeritaFrank D. Spencer, Director Emeritus

Executive ManagementRobert G. Allen, President/CEO Thomas A. Fallon, EVP/COO

Supervisory CommitteeJames F. Nohe, ChairmanMark O. Israel, SecretaryAlan R. Fertmann Eric J. Iberger April S. Neitlich

Amityville - 355 Broadway (Rte. 110)Bay Shore - 3rd Ave. and Sunrise Hwy. Brookhaven National Lab†

400 Brookhaven AvenueCenter Moriches - COMING SOON! Central Islip - 118 Wheeler RoadCommack - 10 Vanderbilt Pkwy.East Northport - 556 Larkfield RoadEast Meadow - COMING SOON!Farmingville - 2410 N. Ocean Ave.

Hauppauge - 102 Motor Pkwy.Holbrook - 5439 Sunrise Hwy.Huntington - 211 East Main StreetKings Park - 742 Route 25A NOW OPEN!Manorville - 460 County Road 111 Merrick - 1638 Merrick Rd. Nesconset - 127 Smithtown Blvd. North Babylon - 1134 Deer Park Ave.North Massapequa - 4250 Jerusalem Ave. Oakdale - 951 Montauk Hwy.

Patchogue - 31 W. Main Street, Suite 23 Port Jefferson Station - 450 Jefferson Plaza (Rte. 112)Riverhead - 176 Old Country Rd. (Rte. 58)Rocky Point - 561 Route 25A Selden - 301 Independence Plaza, (Rte. 25)Shirley - 437 William Floyd Parkway. Smithtown - 1 West Main StreetSouth Setauket - 260-A Pond PathWading River - 6257 Route 25A

631-698-7000 • 1-800-341-4333**Outside the Long Island, Westchester and New York Metro areas.

TFCU HEADQUARTERS Located at: 102 Motor Pkwy, Hauppauge, NY

Mail: P.O. Box 9005, Smithtown, NY 11787www.TeachersFCU.org

While consistent effort is made to ensure the integrity of information contained in this publication, material should not be considered legal,

financial or professional advice. Terms and conditions apply. Please speak to a representative for details.

facebook.com/TeachersFCU

TFCU and Bosti Elementary School Students Partner to Benefit the Greater Sayville Food PantryStaff and students from Bosti Elementary School officially presented their collected donations for the Greater Sayville Food Pantry to the organization’s executive director, Chestene Coverdale, this January. Through their efforts and the Teachers Federal Credit Union’s matching contribution, the school was able to donate $1,200 to the organization.

Students in all grade levels from Bosti Elementary School collected pennies to benefit the efforts of the Sayville Food Pantry. The initiative, which ran through Dec. 20, garnered tremendous support from the students. At the end of the collection period, representatives from TFCU rewarded Joanna Zalewski’s fifth-grade class with a complimentary pizza party for donating the most money.

IN THE COMMUNITY

Financial Services Representatives at other branches:

Stephen Abbott, CLU, ChFCFinancial Advisor2410 North Ocean Avenue, Farmingville, NY 11738(631) 698-7000, ext. 3692

Frank PecorellaFinancial Advisor3rd Avenue & Sunrise Hwy., Bay Shore, NY 11706631-698-7000, ext. 6925

Chris Hibbard, ChFC, CRPC, CFSSenior Financial Advisor , Trust Liaison Officer5439 Sunrise Hwy., Holbrook, NY 11741(631) 698-7000 ext. 6020

Sergio MessinaFinancial Advisor102 Motor Parkway, Hauppauge, NY 11788631-698-7000, ext. 2453

Manorville – Ron RebaldoNesconset – Micki Cahill

FINANCIAL SERVICES

The rest of us need a little help.After you meet with us, saving

for retirement will seem like

second-nature.

Contact our team of financial professionals today.10002486-0711. © CUNA Mutual Group. Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.

For some, saving for retirement is instinctive.

We Offer Fixed Rate Mortgages up to $453,100

and Jumbo Mortgages up to $3,000,000!

Pictured (l to r) is the winning class along with Mr. Ryan McGuckin, Bosti Elementary School; Laura Kimball, Principal; Jennifer Gunn, TFCU’s Marketing Manager; Chestene Coverdale, Greater Sayville Food Pantry and Stephanie Gozaloff, Bosti Elementary.