Member

www.TeachersFCU.org

December 2015

New or Used, Our Rates are the Best Around

AUTO

If you’re in the market for a new car, TFCU can make your financing easy. We offer full financing for a new or used automobile with convenient repayment terms and great rates. Finance your next vehicle at the credit union, online, via phone or right at the dealership!

Contact us directly at 631-698-7000, ext. 6790. Let us help put you behind the wheel of your next new car.

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates and terms are effective 11/12/2015. 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 $17.29 for every $1,000 borrowed with a 60-month term at 1.45% APR for new auto loans. Pay just $14.75 for every $1,000 borrowed with a 72-month term at 1.99% APR for used auto loans.

1.45 %New Auto

New rates as low as

Get Pre-approved and Save! Leasing & Lease Buyouts

Also Available

for up to 60 monthsAPR* 1.99 %

Used AutoUsed rates as low as

for up to 72 monthsAPR*

Full Financing Available Maximum 4 Model Years Old

(Including Current Year) Other Rates/Terms

Available

With Rates Like These, Why Go Anywhere Else?HOME

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates & terms accurate as of 11/19/2015. Maximum loan amount is $417,000. Pay $4.63 per $1,000 borrowed for 30-year fixed rate mortgage at 3.86% 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 11/19/2015. Jumbo mortgages available from $417,001 up to $3,000,000. Pay $4.15 per $1,000 borrowed for 10/1 Adjustable rate jumbo mortgage at 3.11% 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%. ***APR: Annual Percentage Rate. Rates and terms accurate as of 11/19/2015 . Maximum loan amount is $417,000. Pay $4.08 per $1,000 borrowed for 10/1 adjustable mortgage. 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. based on $165,000 Conventional loan assuming the highest credit rating. Applicants 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. Ask for details.

Need Extra Cash? Consolidate Debt

by Refinancing TFCU Offers Jumbo

Mortgages up to $3,000,000

3.75%Rates as low as

30-Year Fixed Rate Mortgages

3.86 %No Points

RATE

APR*

2.75%Rates as low as

10/1 Adjustable Rate Mortgages

3.06 %RATE

APR***No Points. 5/1 & 7/1 ARMS

Also Available!

10/1 Adjustable Rate Jumbo Mortgages

2.875%Rates as low as

3.11 %RATE

APR**No Points. Other Adjustable and Fixed Terms Available.

2

Pay Down Debt or Borrow at a Great Low Rate

1.99 %Purchases &

Balance Transfer

For New Credit Card Account Holders

APR*

Through December 31, 2015, open a new Platinum, Classic or No Frills credit card account with us and save!

• Term: 9 billing cycles - the promotional rate will extend through 9 billing cycles from the date of the first transaction

• No minimum purchase amount

• Balance Transfers must be a minimum of $1,000**

• No Balance Transfer Fee

• Balance Transfers can be submitted in the branch, on our website, and online banking

• Members can also use the check attached to their credit card statement

• Not available on Student, Share Secured, or Business credit cards

SPECIAL PROMOTIONS

All rates and terms are subject to change without notice. Rates & terms accurate as of 11/12/2015. * APR: Annual Percentage Rate. When the promotional period ends, any new or outstanding balance transfers and purchases will revert to the then Standard APR for the card type, which is currently: Platinum 9.96%, Classic 12.84%, No Frills 9.84%. All other terms and conditions are the same. ** We will accept balance transfers that are an aggregate of $1,000 as long as they are submitted in one transaction. (This does not apply to statement or letter checks).

For more information, please call 698-7000, extension 6790.

Employment Opportunities Are Available! Visit Our Careers Section on TeachersFCU.org & Apply Today.

Earn More as You Shop!2X Bonus Points on Platinum Visa® Cards • Through December 31, 2015

• Available at the following types of stores:

- Department

- Clothing

- Shoe

- Office Supply

- Electronic/Computer

- Plus many more!

Visit www.TeachersFCU.orgfor participating merchants.

Call 631-698-7000, Ext. 1687 or Email us at business@teachersfcu.org.

TFCU Now Has EMV Credit Cards Available, Request Yours Today The new standard of credit card operation is called EMV—developed by Europay, MasterCard, and Visa to be a more secure way of paying. It’s harder to replicate a chip card than a magnetic-stripe card, as the chip creates a unique impression every time it is used.

If you are a current TFCU Visa credit card holder, you can request a new EMV Card by going to https://www.teachersfcu.org/pdfs/TFCUVisaCreditCardEMV.pdf for an EMV Request form.

For more information contact our Loan Call Center (631) 698-7000, extension 6790, or visit your local branch.

Let TFCU Help Ease Your Holiday StressShopping, wrapping, baking, decorating…tis the season for stress and anxiety! Let us help relieve you of one big stressor – money. From now through December 31, we are offering members the opportunity to apply for a TFCU Holiday Loan.• Low 5.00% APR*• Borrow up to $3,000• Minimum Loan $250• Take up to 24 months to repay

Here’s the math: If you borrow $3,000, for 24 months, at an APR of 5.00% your monthly payment will be approximately $131.59.*APR = Annual Percentage Rate

HOLIDAY EVENTS

Stop in to Visit with SantaSanta will be visiting select TFCU branches, from 11 am to 1 pm, on Saturdays in December. Bring the kids by to meet him and let them give him that all-important wish list!December 5 - Amityville & SeldenDecember 12 - N. Babylon & ShirleyDecember 19 - Bay Shore & Riverhead

Santa will have a small gift for the little ones, while supplies last. Parents, be sure to bring your camera!

3Employment Opportunities Are Available! Visit Our Careers Section on TeachersFCU.org & Apply Today.

COMMERCIAL MORTGAGES

TFCU Now Accepting College Scholarship Applications

Deadline:

January 15, 2016

TFCU, in conjunction with the Credit Union Association of New York, is offering college-bound high school seniors the opportunity to compete for statewide college scholarships. Scholarships will be awarded in the amounts of $1,000 and $500 and may be used at a two- or four-year accredited educational institution.

Download an application from our website (www.TeachersFCU.org) or stop in to any TFCU branch to request a scholarship application. If the student is not a member of the credit union, he/she can join at that time.All scholarship applicants are required to be members of a participating New York credit union.

For more information about this scholarship program, contact our office at (631) 698-7000, extension 3648.Please note: No scholarship applications will be accepted after the January 15 deadline.

EDUCATION

Earn More as You Shop!

Visa Gift CardsGive the gift of choice that can be used at millions of locations worldwide. With a TFCU Visa® Gift Card, you decide the amount and the recipient decides where to use it!

A gift card is an easy way to make sure everyone on your gift list gets exactly what they want. You’ll even receive a free card and envelope for your gift card.

Denominations are available from $25 to $500.• $4 per card • Up to 10 free per year to Educated Choice members.

Visa® Gift Cards can be purchased at any TFCU branch.

Finance Commercial Real Estate Purchases or Refinances

Call 631-698-7000, Ext. 1687 or Email us at business@teachersfcu.org.

Shopping Center$6,000,000

Great Neck, NY

Industrial Building$1,850,000

Long Island City, NY

5/5/5 Adjustable Commercial Mortgages• Term: 15 years• Initial Interest Rate = 3.25%*• Interest rate adjusts after years 5 and 10**• No prepayment penalty

Office Building$1,450,000

Smithtown, NY

Dental Office$284,000

Hampton Bays, NY

* Rate accurate as of 11/12/2015. Rates & terms subject to change without notice. Loans are subject to credit approval. Business owners must be members or eligible for membership at TFCU and must provide personal guarantees for loan request. **After years 5 and 10, interest rate will adjust to the 5 year constant maturity treasury + 2.5% rounded up to nearest 1/8th.

GIFT CARDS

Home Equity Line of Credit

1.99 %APR*Then Prime Rate for Life!

NO CLOSING COSTS!

Fixed Rate for 24 Months

Up to $500,000

10-Year “FIXED” Rate

Mini – Home Equity Loan

3.74 %APR**NO CLOSING COSTS!

Other Rates/Terms Available

Up to $500,000

2.94%

“ADJUSTABLE” RateMini – Home Equity Loan

Up to 240-Month TermNO CLOSING COSTS!

APR**

Up to $500,000

Unlock Your Equity! You may already have thousands of dollars in equity that can be used for debt consolidation, college tuition, home improvements or any worthwhile purpose. The question is, would a Home Equity Loan or a Home Equity Line of Credit (HELOC) work best for you?

If you’re interested in borrowing against the equity in your home, reach out to one of our knowledgeable representatives for help with all your questions and concerns. Call us today at 631-698-7000, extension 6790.

All rates and terms are subject to change without notice. *APR: Annual Percentage Rate. Rates and terms accurate as of 11/12/2015. Term: 180 Months. Daily Peridoic Rate is 0.0055%. HELOC max $500,000 (up to 75% of home value, rate shown for 75% max. LTV). Lines up to $100,000 require $10,000 min. advance & must maintain a balance for 36 months to avoid repayment of closing costs. Lines $100,001 - $250,000: $60,000 advance & maintain a balance for 36 mos. to avoid repayment of closing costs. Lines $250,001 - $500,000: $100,000 advance & maintain a balance for 36 mos. to avoid repayment of closing costs. Variable rate equal to the Wall Street Journal Prime Rate (3.25% as of 10/21/2015) as published 30 days prior to interest rate adjustment date, applied at loan origination. After 24 month period, a 1% maximum rate adjustment is allowed per quarter. Rate will not exceed 18% over the life of the loan. **APR: Annual Percentage Rate. All rates and terms are subject to change without notice. Rates/terms accurate as of 11/12/2015. 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. Mini Adjustable Equity Loan: 2% annual adjustment CAP. Rate can go up or down 2% each year. Index = 1 year CMT Plus. Margin = 3.50. Rounded to the nearest 1/8th. Lifetime adjustment CAP = 6%. Appraisal will be required. Primary residence – New York only. Ask for details.

HOME EQUITY

Member NoticeEffective January 1, 2016, the following fee increases will be in effect:

Returned Overdraft: $32.00Non-TFCU ATM Use: $ 1.75

Courtesy Transfer: $8.00Non-Member ATM Surcharge: $3.00

† 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!

facebook.com/TeachersFCU

twitter.com/TFCU

Board Of DirectorsGeorge L. Dornhoefer, ChairmanJuan C. Nuñez, Vice ChairmanRaymond P. Grossman, TreasurerRonald A. Mincio, SecretaryF. Jane HarrisApril S. Neitlich Robert J. NeyFred H. SchaeferMario P. Shortino Frank D. Spencer, Director Emeritus

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

Supervisory CommitteeJames F. Nohe, ChairmanShalei V.K. Simms, Secretary Paul E. Misut Craig T. RobinsonTimothy M. Southerton

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

400 Brookhaven AvenueCentral Islip - 118 Wheeler RoadCommack - 10 Vanderbilt Pkwy.East Northport - 556 Larkfield RoadFarmingville - 2410 N. Ocean Ave. Hauppauge - 102 Motor Pkwy.

Holbrook - 5439 Sunrise Hwy.Huntington - 211 East Main StreetManorville - 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 .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 25ASelden - 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.

FINANCIAL SERVICES

Manorville – Linda Davis, Ron RebaldoNesconset – Micki Cahill

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

MEMBER NOTICES

The high cost of home heating energy has many people concerned, so TFCU is offering Energy Loans to see you through the home heating season.• 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

This loan is available through March 31, 2016.

For more information, call (631) 698-7000, extension 6790.*Applicants not approved at this rate may be offered credit at a higher rate

Help is Available for Your Home Heating Bills

Holiday ClosingAll TFCU branches will close at

1 pm on Thursday, December 24 and reopen on Saturday, December 26. We will close at 3 pm on Thursday,

December 31 and reopen on Saturday, January 2.