Expressions 4th Quarter 2018
Is your current set of wheels looking a little ruff? We’re offering incredible rates on auto loans for our members.
Give yourself some tail-wagging savings and drive home your dream machine with an LVECU Auto Loan at rates as low as 1.49% apr* for 36 months for new, used or refinanced.**
Get instant approval on most loans! Plus, enjoy lots of extra benefits:
Easy payment options
Terms up to 84 months
Pre-approval for negotiation advantage
GAP Plus savings and more!
Free Picnic Blanket with every auto loan!***
Ready to get started? Give us a call, drop by a branch or click here to apply online and let LVECU make you top dog when it comes to financial success.
*apr = annual percentage rate. Rates based on an evaluation of your credit and your actual rate may vary. Rates subject to change without notice and not all applicants will qualify. Other rates and terms available. Payment Example: You pay $28.42 per month for every $1,000 financed.
** Valid on vehicles refinanced from another financial institution, not valid on current LVECU auto loans.
***Picnic blanket will be given at loan disbursement. Limit one blanket per auto loan, while supplies last. Offer expires October 31, 2018.
Congratulations to our Refer-A-Member Yeti™ Cooler winner, Melissa Sommers.
She referred a co-worker who joined LVECU, and now Melissa will be keeping it cool with her new Yeti™!
Life Change To-Do Lists
by Laura Varela
Life changes – like getting married, divorced, having a child, or facing widowhood – require more than an emotional adjustment. They also require certain financial adjustments.
Have the money talk. Sit down with your significant other and set financial goals. Do you want to save for a new house? Have kids? Will you pool your assets or maintain separate checking or savings accounts?
Discuss credit. Exchange credit reports and see where you both stand. Focus on cleaning up any credit problems.
To read more, click here.
International Credit Union Day Asks You to Find Your Platinum Lining in Credit Unions™
International Credit Union (ICU) Day® celebrates the spirit of the global credit union movement. The day is recognized to reflect upon the credit union movement’s history, promote its achievements, recognize the hard work and share member experiences. International Credit Union (ICU) Day® has been celebrated on the third Thursday of October since 1948.
The ultimate goal is to raise awareness about the tremendous work that credit unions and other financial cooperatives are doing around the world and give members the opportunity to get more engaged.
On October 18, 2018, join your global credit union family as we celebrate the 70th anniversary of ICU Day®!
Visit us at the either office on Thursday, October 18th to receive a FREE Reusable Thermal Grocery Bag! Limit 1 per member, while supplies last.
VISA® Travel Money Cards & Visa® Gift Cards Make Great Gifts!
VISA® Gift Cards
Can be used wherever Visa® is accepted
Cards are issued instantly
$2.50 fee when purchasing card
Can be funded for amounts from $10 to $1,000
Some restrictions apply, ask for details or click here.
VISA® Travel Money Cards
Can be used at ATMs and most merchants
Cards are issued instantly
$3 fee when purchasing card
Can be funded for amounts from $100 to $5,000
Other fees and restrictions apply, ask for details or click here.
Kirby & Claim Your Youth Summer Reading Program and More
Our Summer Reading Program was a huge success once again! We had 131 Kirby and CYY members participate in the program this year by reading more than 131,881 pages! Great work by all our young members!
Board of Directors Election 2019 ... Your Chance to Make a Difference!
Elections for the 2019 Board of Directors will be here before you know it. Make sure to let your voice be heard by voting for the credit union leaders who will work for you.
To become even more involved, you can contribute your time and talents by running for one of three board positions. Any member in good standing who would like to be nominated for the positions available may send a letter of introduction (100 words or less) to: Nomination Committee, c/o LVECU, 3720 Hamilton Blvd., Allentown, PA 18103. The deadline for receiving letters is November 30, 2018. Ballots and biographies will be mailed (if necessary) to all members age 12 and over after the close of nominations.
By a resolution of the Board of Directors, incumbent directors will be automatically re-nominated if they wish to run. The Nominating Committee may nominate one additional person for each position. Anyone not nominated by the committee may have his/her name added to the ballot for any position by submitting a nominating petition with the signatures of 25 LVECU members. Petitions are available at the LVECU Main Office.
Nominees must be members in good standing as defined by the following criteria: all entrance fees have been paid, all loans with the Credit Union are current, and the Credit Union has suffered no losses as a result of a charge-off or discharge in bankruptcy of any loans or obligations.
Why Might Your Credit Score Be Different Than Your Spouse’s?
by Hugh Norton
Like many others, when my wife and I got married, we decided to intertwine our finances along with the rest of our lives. For most couples, opening joint bank accounts and buying a car or home together is the norm. However, even after decades of living together and leading similar financial lives, spouses may find out their credit scores are different.
There are two primary reasons that your credit scores could be different from someone else’s – spouse or not. Either the underlying information in your credit reports is different, or different credit-scoring models are creating the scores.
Click here to read more.
Kirby Kangaroo Club (age 12 & under) – The holidays are almost here! Use your extra Kirby credits to purchase gifts for friends or siblings. We change our Kirby Merchandise every 3 months, so there’s always something new! Visit our website’s Kids/Teen Club page to see the latest items available for purchase.
CYY (age 13 to 17) – Make sure you enter our quarterly drawing for $100 every time you stop by the credit union. You could be our next lucky winner, like Isabella Stout, who won $100 last quarter.
LVECU will be awarding ten $1,000 scholarships to members who will be full-time undergraduate students during the upcoming 2019-2020 school year. Applications will be available November 1, 2018 on our website or at either office.
Anatomy of a Fake Check Scam
by Colleen Tressler, Consumer Education Specialist, FTC
Fake checks drive many types of scams – like those involving phony prize wins, fake jobs, mystery shoppers, online classified ad sales, and others.
In a fake check scam, a person you don’t know asks you to deposit a check – sometimes for several thousand dollars and usually for more than what you are owed – and wire some of the money back to that person. The scammers always have a good story to explain the overpayment – they’re stuck out of the country, they need you to cover taxes or fees, you need to buy supplies, or something else. But by the time your bank discovers you’ve deposited a bad check, the scammer already has the money you sent, and you’re stuck paying the rest of the check back to the bank.
The Federal Trade Commission receives tens of thousands of reports each year about fake checks. Over the last three years, the number of complaints has steadily increased, and so have the dollars lost.
To read more, click here.