INTERNATIONALCREDIT UNION WEEK

KGEFCU joined the Kauai Chapter of Credit Unions in

celebrating International Credit Union (ICU) Day!

KGEFCU turned a day of celebration into a week long of events! 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 2017 International Credit Union Day theme - “Dreams Thrive Here” - illustrates how credit unions and other financial cooperatives serve as catalysts to make different professions, personal choices and career paths for the members of our community.

From October 16th through October 20th, KGEFCU celebrated along with more than 56,000 credit unions from around the world! KGEFCU events included a wide range of activities and services from our community. The Kauai Museum and Grove Farm museum allowed our members free entry all week!

KGEFCU hosted secure document deconstruction, organized a coloring contest for Wilcox Elementary first grade classes, County of Kauai recycling program, the Kauai Fire Department demonstrated

fire extinguisher safety, Kauai Police Department informed our members of the Neighborhood Watch program, and announced our official drop off location for Cell Phones For Soldiers cell phone recycling program. Thank you Kauai for supporting your Credit Unions. Dreams really do thrive here!

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Christmas DayMonday, Dec. 25th

New Years DayMonday, Jan. 1st

Dr. Martin Luther King Jr.Day Monday, Jan. 15th

Presidents Day Monday Feb. 19th

Kauaʻi GovernmentEmployees FCU

2976 Ewalu StreetPO Box 711

Lihue, HI 96766

Telephone: 808-245-2463Website: kgefcu.org

Telephone Banking800-330-8115

Lost/Stolen Debit Cards800-472-3272

Business Hours

Monday – Wednesday7:45a.m. – 4:30 p.m.

Thursday 8:30a.m. – 4:30 p.m.Friday

8:30a.m. – 6:00 p.m.

Drive-Thru Hours

Monday – Thursday9:00a.m. – 4:00p.m.

Friday9:00a.m. – 5:30p.m.

BOARD OF DIRECTORS Melvin Ota - Chairman Cyndi Ayonon - Vice President Kenneth Villabrille - Treasurer Roberta Charles - Secretary Kyle Okamura - Mem. Officer Byron Watanabe - Director Patrick Balbarino - Director

MANAGEMENTCorinne King - CEO Shane Corregedore - EVP/CFO Barry Kawamura - Operations Leah Michaels - Marketing

SUPERVISORS Joyce Arellano - Operations Myrvie Buster - Lending

FIELD OF MEMBERSHIP

County, State and Federal Employees, and Employees of Select Employer Groups (SEGs) and their immediate families.

OUR MISSION: “PROVIDE THE BEST PERSONALIZED FINANCIAL SERVICES” WINTER 2017-2018

Annual Meeting Announcement & Community Photos on Page 2!

” WINTER 2017-2018

KGEFCU NEWSTOGETHER, WE MAKE IT HAPPEN

ANNUAL MEETING IN 2018

Please join us for the

71st Annual Meeting

to be held at the

Kauai Beach Resort

o n M a r c h 1 7 t h ,

2018. Food and

refreshments will be provided, along with our business

meeting. We plan to inform our members about some exciting

new services to make it easier and faster to do your banking

with us, as well as growing your financial portfolio. Stay tuned

for more information.

COMMUNITY CORNER

What a fun-filled and

inspiring evening with

talks by Cami Douglas

from CUNA, Dennis

Tanimoto from HCUL,

KGEFCU’s own CEO

Corinne King, Mayor

Carvalho and Kauai’s City

Council!

INTERNATIONAL CREDIT UNION DAY DINNER

Here are a few highlights from “Paint the Town Pink” - KGEFCU

was proud to get pink on purpose

with our community in

October!

KGEFCU Ohana!

Breast Cancer

Awareness Month

COMMUNITY CONTINUEDNot only did Laurel

Fernandes DOUBLE HER

MONEY with KGEFCU’s

low-interest personal

loan, she was the winner

of a TRIP FOR TWO to

LAS VEGAS courtesy of

VACATIONS HAWAII!

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HERHER

CU’CU’s

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iinner

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ATTENTION: HIGH SCHOOL AND KCC STUDENTS

FIVE $1,000 SCHOLARSHIPS AVAILABLE!

29th ANNUAL SCHOLARSHIP

PROGRAMDEADLINE TO SUBMIT AN APPLICATION IS MARCH 31ST!

APPLY TODAY ON OUR WEBSITE AT KGEFCU.ORG

EMAIL : SCHOLARSHIPS@KGEFCU.ORG

Kenneth Villabrille

3-year term Membership incumbent Ken studied Accounting at Honolulu Business College and the field of Communications. Later Ken attended the University of Hawaii where he became a member of Pi Sigma Epsilon, a business fraternity that focuses on sales and marketing. Ken has been employed by the County of Kaua’i, in the Finance Department, for 25 years as an Accountant and Payrol l Administer. In 2013, he was appointed as a Trustee on the State of Hawaii Compensation Board. Ken has been a member of KGEFCU since 1994: for 18 years he has served on the Supervisory Committee and the Board of Directors as Secretary, Treasurer, President, and Membership. Ken spends his spare time with his family and enjoys, traveling, reading and volunteering at church.

Roberta Charles

3-year term Membership incumbent Roberta has lived on Kauai for 43 years. She joined Makai Properties in 1983 and became an owner in 2011. Roberta earned recognition in 2005, and 2011 as one of Hawaii’s Top 25 Women-Owned Businesses. After Hurricane Iniki, she managed a hurricane recovery program through the Office of Elderly Affairs. She assisted hundreds of seniors through their insurance claims and construction contracts to repair their homes. Through this process Roberta became a member at KGEFCU and became a devout believer in the CU movement. Roberta has three adult sons and she continues to serve the community though Habitat for Humanity and the Rotary Club of Poipu Beach. She has served on the KGEFCU Supervisory Committee and Board of Directors in several roles.

Byron Watanabe

3-year term Membership incumbent Byron is a graduate of Leilehua High School on Oahu. He earned an AS in Automotive Technician, and an AA in Liberal Arts from the Leeward C o m m u n i t y C o l l e g e , & a B A i n Communications from the University of Hawaii. Byron has been employed with the State of Hawaii Department of Transportation at the Lihue Airport for 25 years as an Operations Controller. He has been a member of KGEFCU since 1992. Byron has served on the Board of Directors since 1996 as Membership Director, Secretary, Treasurer, Vice-Chair and Board Chair. “It is an honor to serve our members while making KGEFCU the best credit union on Kauai, the credit union was built by the members, for the members.”

SERVICE CENTRAL

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Notice of Kauai Government Employees FCU Annual Meeting Slate of Candidates

CEO CORNER KGEFCU BOARD APPROVES 1% SPECIAL DIVIDEND! During the November 30th board meeting, KGEFCU approved this special 1% dividend to be paid to members based upon their primary share account balance as of October 31, 2017. This special dividend will be credited on or before December 31, 2017.

Previous years of financial planning positioned the credit union with the ability to distribute this special

dividend. Deposited directly to the members’ primary share account, it is a reward for years of membership and for choosing to use financial products and services offered by a member-owned financial cooperative. KGEFCU is an organization that operates with the purpose of people helping people.

Your board recognizes the value of member loyalty. We appreciate your contribution to your Credit Union’s safety and soundness. It is member deposits that allow us to make loans back to other members who need them. As a member-owner of KGEFCU, you are also striving to help others in your community!

We are wrapping up another stellar year, as confirmed by our net earnings and commemorated by Hawaii Business Magazine’s recognition of KGEFCU at one of Hawaii’s Most Profitable Businesses in 2017. Nothing gives us more joy than giving back profits in the form of dividends to our members!

Also in November, it was our turn to host the monthly CEO breakfast. Naturally, our special guest was former KCFCU CEO, Mel Chiba, who retired this time last year. Since this was the last time I would host the CEO breakfast before I retire, I chose to “bring it home” to Kauai—to share the beauty of our island with other CEOs from around the state and to share this special dividend with our members. ‘Tis the season for sharing!

Happy Holidays and the very best to you in the New Year.

CURRENT RATESSHARES……………………………………….APY (Annual Percentage Yield)

Regular Shares…………………………………………….0.150%-0.401%Christmas Club Account……………………………………………0.150% Money Market Account…………………………………..0.200%-0.602% Individual Retirement Account……………………….….1.250%-1.257% Traditional & Roth IRA Certificate……………………….1.160%-2.422% Share Certificate………………………………………..…1.160%-2.422% Share Draft…………………………………………………………..0.150%

*Contact your credit union for information on applicable fees and termsLOANS……………………………………………….(Annual Percentage Rate)Personal Loan

1 Year………………………………………………………..5.75%-14.99% 2 Years……………………………………………………….6.25%-15.99% 3 Years……………………………………………………….6.75%-16.49% 4 Years……………………………………………………….7.25%-16.99% 5 Years……………………………………………………….7.75%-18.00% 6 Years……………………………………………………….8.50%-12.50%

Platinum VISA Credit Card with UChoose Rewards……….7.99%-12.99%Share Secured

1 – 3 Years as low as…………………………………………………3.50% 4 – 5 Years as low as…………………………………………………4.00% 6 – 7 Years as low as…………………………………………………4.50% 8 – 10 Years as low as………………………………………………..5.00%

Share Draft Overdraft Line of Credit……………………….10.00%-16.00%New & Used Auto Loans*

1 – 4 Years 100% Financing……………………………….2.25%-13.95% 5 Years 100% Financing……………………………………2.75%-15.99% 6 Years 100% Financing ($20,000 and over)…………….3.25%-16.49% 7 Years 100% Financing ($30,000 and over)…………….3.75%-17.99%

Combine These Discounts For Maximum Savings On Your Next Auto Loan — Take an Additional .25% off when you:

0.25% with automatic payment from your KGEFCU checking account. 0.25% with a 10% down payment. 0.50% with a 20% down payment.

0.25% for any non-hybrid vehicle that receives a combined miles per gallon rating of 30 mpg or greater as determine by the U.S. Department of Energy and published at www.fueleconomy.gov.

0.25% for new and used vehicles financed by an active duty member of the U.S. Military (Army, Navy, Air Force, Marines, Coast Guard, National Guard or Active Reserves.) Spouses and retired military personnel are not eligible.

Mixed Collateral (Signature & Shares) up to 5 Years………..2.75%-16.49%up to 6 years if loan amount is greater than 20k & based on credit worthiness ……………………………………………………………………………….6.25%Contact lending dept. for current rates:

Mortgage Loans – 15yr. Balloon/30yr. Amort; Fixed up to, $650,000Owner Occupied, 1st Mortgage & 2nd Mortgage

Mortgage Loans – 20 Year Fixed, up to $650,000 Owner Occupied, 1st Mortgage & 2nd

Home Equity Line Of Credit (HELOC) – 15 Year Variable 80% of Equity Value or $350,000 Maximum (whichever is less)

Home Equity Line Of Credit (HELOC) – 20 Year Variable80% of Equity Value or $350,000 Maximum (whichever is less)

KGEFCU Student Loans…………………………………………6.25% Up to $8,000 per year, up to ten years repayment. (Subject to change annually.)

Share and loan rates and the Annual Percentage Rate are subject to change without notice. We do business in accordance with the Federal Fair Housing Law and Equal Credit Opportunity Act. Dividend Rates effective 1/1/2017. Your savings is federally insured to at least $250,000 and is backed by the full faith and credit of

the United States Government. The National Credit UnionAdministration is a U.S. Government Agency.

MARKET MATTERS

CEO breakfast held on Kauai

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