SUMMER 2014

WWW.MYC1CU.COMCOMMUNITY 1ST CREDIT UNION NEWSLETTER

MYC1CU NEWS

Financing For Everything Under The SunWe have great rates on cars but did you know we've got one of the lowest rates on RVs, motorcycles and boats?

Whether you’re going to San Diego in your Airstream or exploring Highway 101 on your Harley, there’s nothing like the feeling of an open road — with the destination being the reward. Unless you purchase or refinance through Community 1st Credit Union where the rewards are sweeter with low rates and cash back options. At C1CU we like to help make dreams come true and with our low RV, boat and motorcycle rates starting at just 3.49% APR* our members are all grins. Plus, we have a special refinance

offer that allows members to receive up to $250 back in free cash.

Vacation season is here and the Pacific Northwest offers outdoor activities like no other. Make sure you get in on the fun in the sun by enjoying our state to the fullest with a few "toys". RVs allow you to "camp" anywhere you wish for days — in the comfort of your own home! Plus, if you’re visiting family you don’t have to worry about whether they have room for you or not, because you’ll be bringing your own accommodations.

Motorcycles are a unique way to enjoy our coastlines without those high gas prices. Or perhaps a boat is more your thing, whether crabbing in your Boston Whaler or cruisin’ in a Bayliner, 3.49% APR has a nice ring to it.

There can never be too many ways to enjoy our scenic state. At C1CU we're here to help make this summer a memorable one. Stop in today to refinance or to get pre-qualified!

up to

When YoU bring YoUr existing rV, MotorCYCle or boat loan

oVer to C1CU.

$250F REE CASH+

*Annual Percentage Rate. All rates and terms are subject to change. All loans are subject to approval. Your rate and term are determined by your credit history and loan amount. Rate presented for 2007 and newer. Other rates may apply. Rates are current as of July 1, 2014. Refinance not applicable on existing C1CU loans. Not valid with any other offers. †1% of loan amount not to exceed $250 cash back on refinances from other financial institutions with a minimum loan amount of $10,000. Loan must be open a minimum of 6 months or cash back award will be collected at payoff. See credit union for promotional details. This is a limited time offer.

MEMBER QUARTERLY NEWSLETTER SUMMER 2014

** Annual Percentage Rate. All loans are subject to approval. Rate and term are determined by your credit history and loan amount. Not applicable on existing C1CU Visa account balances. This is a limited time offer, subject to limitations and restrictions.

Protecting your financial information is a top concern. Thank you for your support through this upgrade.

New Fraud Detection System For Fast Action

As part of our continuing effort to bring the best technology and service to our members, we at C1CU are upgrading our Fraud Detection and Notification System. The new system will provide more immediate attention to notify our members faster when fraud is suspected. The notification portion of the system includes a state-of-the-art automated assistant to help our members review transactions and confirm their spending activity on their debit and credit cards.

If you receive a notification call from our automated assistant, whom we have nick-named Jill, please work with her to answer

questions regarding recent card activity. Please also be aware that our Card Member Security team that provides fraud alert management is available 24 hours per day, 7 days per week should you need assistance from a live agent.

If suspicious transactions are identified as fraudulent, calls will be transferred to our outstanding member support team at Card Member Security to help you take the necessary precautions to protect your cards and related accounts. If the recent activity is legitimate, members will be able to close the case with the phone attendant using their touch-tone phone.

TRANSFER & SAVETRANSfER YOUR BALANCE fROM HIGH INTEREST CREDIT CARDS & SAVE WITH A

PlatinUM Visa

APR**

Special transfer rate is applied for 6 months. The application process is quick and easy—you can start saving as soon as today. Our every day low rate starts lower than most other cards so call or stop in today to find out more!

TRANSFER & SAVE no closingcosts†

(3.99% aPr*)PRIME + 0%

NEED MONEY?Borrowing money against your home using a line of credit (HELOC) is an efficient way to cover costs. With a line of credit, you only pay interest on what you actually spend.3.49%

Community 1st Credit Union banking on the go — coming this Fall!

Introducing The MYC1CU Mobile App

We continue to strive to improve the service and convenience of banking to our members and this is just one more way. Our smartphone application will give you fast access to your accounts, using your device's built-in functions. All this convenience and at no cost to our members — just what you can expect from your credit union. It's supported on Android, iPhone, Blackberry and Windows phones. We hope you enjoy this service that will be added this Fall. Stay tuned ... more information to come!

3G 4:08 PMPM

Designed by Evan Ho�buhr

WITH MYC1CU MOBILE YOU CAN:• Deposit checks with your Android or Apple smartphone• View checks and deposit images• Pay bills• Transfer funds

• Send or receive money by email address or mobile number• Explore detailed account activity• View balance information

as low as

MEMBER QUARTERLY NEWSLETTER SUMMER 2014

Congratulations to our winners as they head off to hit the books.

2014 Scholarship Winners Announced

Credit union members are proud to have offered $4,000 in scholarships funds to Washington students seeking higher education. We wish Taylan, Sukhmani, Andrea and Alec all the best as they follow their dreams.

Are you, or someone you know, graduating from high school in 2015? If so, keep C1CU and its members in mind for lending a helping hand. We award four $1,000 scholarships each year! Applications, including rules & regulations, will be available early 2015 so mark your calendars now. Make sure you grab an application while visiting a branch or locate a PDF on our website.

TAYLAN SWIFTsteilaCooM high sChool

steilaCooM, Wa

Plans to attenD: Washington state UniVersitY

engineering

AND REA O'NEILFoster high sChool

tUKWila, Wa

Plans to attenD: UniVersitY oF Washington

nUrsing

SUKHMANI G ILLblaine high sChool

blaine, Wa

Plans to attenD: UniVersitY oF Washington

biologY sCienCes

ALEC ESTESCUrtis high sChool

anDerson islanD, Wa

Plans to attenD: UniVersitY oF Washington

english

We've been placing a lot of phone calls to our members so they can save money – one ringy dingy at a time.

8,902 Phone Calls And Counting

Over the past 12 months we’ve been reaching out to members to discuss money-saving opportunities, in reference to new or existing home mortgages. Our mission statement is to “build relationships by delivering valued banking solutions”. What this means to us is sitting down with our members and showing them different money-saving solutions. If we’ve missed you, or maybe we didn’t have the opportunity to spend more time together, we look forward to catching up soon.

In the near term, rates remain low and we have several options for you to refinance – one is our "Simple Mortgage" and is a fee-free option designed for people who are either in their last ten years of paying off their mortgage or might have a longer term mortgage but can afford to pay a little more each month. This product could shave thousands off your total remaining interest payments.

We also offer Conventional Home Mortgages for home buyers and those considering refinancing in the 15, 20 and 30 year ranges. We’ve kept our fees and costs to a bare minimum and have been touted as having some of the lowest closing expenses on the market! So whether you have 3 years or 30 years remaining (or anywhere in between) we can help you weigh the cost of refinancing compared to your potential savings – it’s very easy to see if refinancing is a good choice for you. And if you are contemplating a home purchase, we’d welcome the opportunity to pre-approve you in advance of shopping to give you a competitive edge.

Don’t wait for us to call you! Call us today at 1-800-247-7328 and hit “Option 5” to speak to one of our skilled lenders to start saving today.

* APR (Annual Percentage Rate) floor available on our 80% LTV Home Equity Line of Credit. Minimum loan is $5,000; maximum loan is $50,000. Variable rate on Premier Equity Line of Credit may change monthly and is based on Prime Rate published in Wall Street Journal with added margin of 0% - 4% based on your credit history. In no event will the regular APR be less than 3.99% floor or more than the lesser of 18% per annum or the maximum rate allowed by applicable law. Payments calculated on 1.5% of existing balance ($50 min.). A Fee Recoupment will be collected if you payoff and close the loan within the first 36 months if there were out-of-pocket costs paid by C1CU. If a full appraisal is required, additional fees will apply. Loan is subject to approval of credit. All rates and terms are subject to change. Your rate and term are determined by your credit history and loan amount. Home Equity Lines/Loans are available for owner-occupied properties in WA State only. Ask your tax advisor about tax deductibility of interest. †All fees and costs will be waived with an initial advance of $30,000 or more. NMLS #403439

We're here to serVe

BOTHELL 24040 Bothell Everett Hwy(inside Safeway) (425) 483-9086

DUPONT 955 Ross Loop (253) 722-5212

SHORELINE 19240 Aurora Ave. N (206) 367-7328

SOUTH SEATTLE10700 27th Ave. S(at Seattle PDC) (206) 367-7328

STEILACOOM 215 Wilkes St. (253) 722-5212

TACOMA 4702 S. Pine St. (253) 473-3005 FeDerallY insUreD bY nCUa

8:30 a.m. - 5:30 p.m. Monday - Thursday8:30 a.m. - 6:00 p.m. friday

10:00 a.m. - 2:00 p.m. SaturdayW W W.MYC1CU.CoM 24-Hour Loan Applications & Online Banking

1-800-247-7328 24-Hour Expressline

branCh loCations

HOURS VARY BY BRANCH. VISIT US ONLINE TO VIEW INDIVIDUAL BRANCH HOURS.

all Washington state resiDents are eligible to join.

holiDaY ClosUres

Independence Day friday, July 4

Labor Day Monday, September 1

WWW.MYC1CU.CoM

MYC1CU News is going digital and we want you to be ready when it does.

To operate more efficiently, conserve resources and continue serving members with news and information, our newsletter will no longer be printed but will be distributed by email or viewable on our website effective January 2015.

If you're currently enjoying the online version, there will be no change to you.

If you currently have been receiving MYC1CU News by mail, you can ensure that you receive an electronic copy by emailing INFO@MYC1CU.COM and ask to be added to the list.

We look forward to continuing to serve your financial needs and providing you with solutions that can save time and money.

MYC1CU NewsOur newsletter goes digital this winter.

lenDing rates terM aPr*

VehiCles as loW as:† UP TO 72 MONTHS 2.49%

84 MONTHS 2.99%

reCreational VehiCles, boats & MotorCYCles as loWs as:

(other terMs aVailable)

UP TO 60 MONTHS 3.49%

84 MONTHS 3.99%

ConVentional Mortgage loans (15, 20 & 30 Year oPtions)

WITH HISTORIC LOWS CALL TODAY fOR RATE & REfINANCE OPTIONS

siMPle Mortgage loans (no Fee & no Cost)

UP TO 10 YEARS 3.69%(Contact us for details.)

share rates aPY** †All rates and terms are subject to change and final approval. Rates quoted are for 2007 or newer and vehicles with less than 100,000 miles. See branch or call for rates on older or high-mileage vehicles.

*aPr = annUal PerCentage rate Additional rates and terms available. Ask for details. Rates shown are the lowest available rates for the listed terms as of July 1, 2014. Rates and terms are subject to change. All loans are subject to approval. Your rate and term are determined by your credit history and loan amount.

** aPY = annUal PerCentage YielD Eco 1st Checking and Basics 1st Checking do not earn dividends. 1st Class Checking and 1st Priority Checking dividends are earned for periods where minimum balance of $500 is maintained. Rates and terms are subject to change. Money Manager Accounts require minimum balance to earn stated dividend rate. All annual percentage yields are accurate as of July 1, 2014.

‡ MoneY MarKet ProMoSee promotional details in newsletter.

share/saVings 0.10%

share DraFt/CheCKing 0.05%

ClassiC MoneY Manager 0.10%

MoneY Manager PlUs 0.15%

PreMier MoneY Manager 0.20%

MoneY MarKet ProMo‡ 0.40%

ira share aCCoUnt 0.15%

CertiFiCate aCCoUnts CALL fOR CURRENT RATES