Post Office Credit Union of Maryland

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What's New

Savings Keep Growing with Invest In America

POCUMD is proud to be a participant of Invest in America. Invest in America is a membership enhancement program that offers our members discounts on products and services provided by U.S. based companies. This partnership not only gives our members' valuable discounts, but it also increases sales for our participating companies and, on a larger scale, helps stimulate the U.S. economy. Basically, Invest in America is a win-win for everyone.

As a member of Post Office Credit Union of Maryland, you can receive the following money-saving discounts*:

General Motors is making their Supplier Pricing available to members on most new GM vehicles. This discount is on top of other current incentives.
Chrysler Group LLC is offering Affiliate Rewards preferred pricing on most new Chrysler, Jeep, Dodge or Ram Truck vehicles, saving you thousands. This discount is on top of other current incentives.
Allied is offering member discounts on local moving and storage and a minimum of 60% off of out-of-state moves, plus deals on various other moving extras.
FTD is giving members $15 off of flowers and gifts. You can choose from items like roses, Vera Wang exclusive floral designs, spa sets, chocolates, wine baskets and so much more.
CU Benefits Express has discounts ranging from 5% to 70% on medical and lifestyle products. Medical services include dental care, vision care, medical supplies, mail order prescriptions and more. Lifestyle services range from discounts on ID theft protection and a financial helpline to legal services and participating fitness centers.
CompleteTax, your complete tax solution, is a cost-effective alternative to products like TurboTax. Members get 30% off of the software, which is used by CPAs and tax professionals.
Equity LifeStyle Properties brings the best in resort living and vacations to help you get out and live the dream! With more than 300 resort destinations and award winning communities across America, you can now receive exclusive discounts from owning your own American built vacation home to exploring all the beautiful destinations our country offers in your RV.

POCUMD is here to help our members save with respected U.S. companies at a time when everyone needs it most. To learn more about Invest in America and any of the above discounts, speak to a member representative or visit LoveMyCreditUnion.org.

*Details and restrictions on discounts from the following companies can be found at LoveMyCreditUnion.org: Chrysler Group LLC, General Motors, Allied, FTD, CU Benefits Express, ELS Properties and CompleteTax. Offers valid as of 1/1/10.

Download the Clean Sweep Loan Application, and return the completed form to our office for your convenience.

Enterprise Spring It On Sales Event!

WOW

Getting an auto loan from POCUMD and buying a vehicle from Enterprise Car Sales are two ways to put a spring in your step.

POCUMD teamed up with Enterprise Car Sales to offer you the best quality pre-owned vehicles, at prices guaranteed to be below Kelly Blue book prices.

Enterprise Car Sales offers no-haggle pricing so you can avoid unpleasant negotiations and sales games. If you buy an Enterprise car and you change your mind, Enterprise will buy it back, no questions asked. Enterprise will give you up to 7 days or 1,000 miles to make sure your next used car is your perfect car.

Every month, POCUMD in connection with Enterprise, will offer monthly specials. Be sure to check out our website every month for updates.

POCUMD's low loan rates for new and used vehicles, our fast turnaround, friendly and knowledgeable staff, combined with Enterprise's great used car sales program, is definitely a smart combination you should consider when buying a car this season.

Download the Vehicle Loan Application, and return the completed form to our office for your convenience.

Announcing a New Airport Parking Partnership!

Post Office Credit Union of Maryland has negotiated a special parking rate with Airport Fast Park, Baltimore's best airport parking facility at BWI -- Blue lot for only $6.40* per day and Red lot for only $7.40* per day. Just use your Frequent Parker Card when entering and exiting.

To ensure you receive your special rate of $6.40* per day, all POCUMD travelers must enroll in the Airport Fast Park Frequent Parker Program via http://www.airportfastpark.com using POCUMD's name and promotional code: 0326207. You must enter the promotional code and note Post Office Credit Union of Maryland during the enrollment process in order for your discount to be applied correctly.

*Excluding tax

Make Your Dreams Come True With a Fixed Rate Home Equity Loan!

With POCUMD's affordable Fixed Rate Home Equity Loan, your goals and dreams are within reach. The funds that you need to achieve them can be found in the equity of your house. With a Fixed Rate Home Equity Loan, you have the flexibility to do whatever you dare to dream about - purchase a new car or recreational vehicle, take a family vacation, make home improvements, consolidate high interest debt, pay that college tuition bill that will be arriving soon, and more.

This affordable loan offers lots of advantages:

Enjoy the spending power you need
Relax knowing that your rate and your monthly payments are fixed
Benefit from a deduction at tax time (consult your tax advisor to be sure)
Rates as low as 6.50%*

The Fixed Rate Home Equity Loan program is a closed-end, fixed rate loan, secured by a lien against your home. The amount of the loan depends on the amount of equity in your home. Also, if you currently have a variable-rate Home Equity Line of Credit from another lender, it makes a lot of sense to lock it in right now with POCUMD, while rates are still low.

Download our Home Equity Application, call us at (410) 727-5469, or visit our office at 900 East Fayette Street, Suite 606, Baltimore, Maryland 21233 to apply for your Home Equity Loan in just minutes. Apply today and make your dreams a reality!

*Annual Percentage Rate. Rates are subject to change and depend upon credit worthiness.

auto2

Download the Vehicle Loan Application, and return the completed form to our office for your convenience.

The Magic of Saving

phone Hocus-pocus - my money grew! Well, maybe it's not that easy to save, but by teaching kids from a young age, it can be. As they grow to teens, they'll have one of the most difficult aspects of saving under their belt - being consistent.

Here are just a few examples to help teach kids of different ages about the magic of saving:

Have young children -preschool age- sort different types of money into piles by color and size.
Play grocery store or credit union/bank. Help them use a pretend cash register.
At the grocery store, let kids of all ages help you shop. Teach them how to comparison shop - for example, show them that for every $4.99 box of cereal, there may be similar brands on sale for half as much.
As kids get older, share sales receipts and bills that you receive for items or services you've purchased for them.
If you decide to pay your kids an allowance, don't just establish one as parents. Sit down with them and discuss allowance amounts and what they should use their allowance for. The amount is your call, but allow them input. One idea is to have children set aside part of their allowance for spending, part for saving, and part for sharing. Clarify what you'll pay for and what they should be responsible for. For example, when you're at the movies, maybe you agree to pay for a small drink and popcorn, but the Milk Duds are on them.
Show children what compounding interest means. Explain that as kids save, they're constantly earning dividends on their savings - on top of that, they're earning dividends on their dividends.
As kids reach high-school age, clarify what you will pay for and what your children are responsible for. For example, your kids may want the newest style of tennis shoes that come with a really high price tag. Establish what you'd pay for athletic shoes - say, $50. If they still want the more expensive pair, have them make up the difference. Often, once the responsibility of paying for items is on kids, the latest, greatest fashions aren't so important.

Get your kids started right financially and see how many bunnies - we mean monies - they can pull out of their hats. For more information, stop by our office or call (410) 727-5469.

Allpoint Network Launches Interactive Voice Response System

phone In the past, cardholders have had three choices to find Allpoint ATMs close to them: use the Internet, call the credit union, or telephone Allpoint Network during normal business hours. This presents convenience issues in that people are not always near a computer when they wish to locate an ATM, business hours differ from company to company, and different members are in varying time zones.

For this reason, Allpoint Network is proud to announce the launch of the Interactive Voice Response (IVR) system. This provides members with a way to call into Allpoint around the clock on weekdays, weekends, and holidays to find a close Allpoint ATM.

We encourage you to test the IVR system so that you have first-hand experience with it. Just dial (800) 976-4917. A search can be conducted by zip code or by street, and, if you wish, the location results can be sent to your cellular phone. A customer service representative will still be available during Allpoint Network business hours (Monday through Friday, 9am-5pm EST).

Your Deposits are Protected with ASI

October 16, 2008

Last week we all watched in awe as Congress debated, amended and passed one of our nation's most historical acts of legislation: HR 1424 - the Emergency Economic Stabilization Act of 2008. The bill was signed into law by President Bush on Friday, October 3, 2008, and it is estimated that it will cost this country over $850 billion over the long run.

We would like to bring to your attention the fact that the Act raises the federal insurance limit (FDIC account coverage is for banks) from $100,000 to $250,000 per bank depositor until December 31, 2009. Please note that this is only a temporary increase, which expires December 31, 2009.

At POCUMD, each one of your separate accounts is insured to $250,000 and has been for years, through our private insurer ASI.

This new law is designed to benefit the depositors at those financial institutions, insurance companies and investment firms that hold mortgage-related investments that have lost value.

POCUMD holds none of these types of investments. Furthermore, we are here to serve our members who live on "Main Street," not "Wall Street." We make our investments in our members, not in exotic high-risk securities.

Based on our safety and soundness throughout the past 79 years, our commitment to look out for the interest of our members, and our continued stability in the economic market, we would like you to know that we do have market secure savings options to fit your immediate needs:

6 months CD: 3.00% APR, 3.04% APY
Money Market ($2,000 min. dep.): Tiered rates up to 2.75% APR, 2.78% APY
Savings Account: 1.75% APR, 1.76% APY

Please remember that Post Office Credit Union of Maryland, Inc. is a not-for-profit organization. Our philosophy is all about people helping people. We are the oldest Credit Union in the State of Maryland.

If you're looking for a safe place to stash away your savings, now is the best time to make that move! Transferring your savings to POCUMD is easy. Stop by or give us a call today at 410-727 5469. We are here to serve you!

*Listed rates effective September 30, 2008 - December 31, 2008. No longer applicable.

Start Financial Independence Training Early with Googolplex

Achieving economic prosperity is difficult. It's especially hard for young people who've never learned to manage money. Post Office Credit Union of Maryland is ideally positioned to respond to this challenge because we believe in the power of education. youth

As part of our effort to promote financial literacy among young people, we have introduced an interactive tool online called Googolplex. It's designed for kids of Elementary to Middle and High school age children. Googolplex offers tools, tips, and lots of fun games and stories on how to become financially independent.

We're here to help you launch your youth toward financial independence with the following tips:

Help your child join the credit union
- Open a savings account for each child in your family.
- As soon as your children can write, have them fill out deposit and withdrawal slips.
- Guide your teenagers through using a debit card and balancing a checkbook.
Share information
- Include your children in your household finance discussions. Show them how to budget income and expenses. As their skills improve, give them challenges such as finding a better cell phone plan, calculating the total monthly cost of owning a car, or sticking to a budget at all times.
Coach your children
- Remind them to ask for help when they need it and turn to Post Office Credit Union of Maryland when you want help. Our tradition of service and philosophy of self-help makes Post Office Credit Union of Maryland a natural partner in pursuing financial security.

National Credit Union Youth Month is celebrated every year during the months of April and May, but POCUMD believes that our youth should be celebrated all year long.

Opening a savings account in a child's name is a great way for a parent or grandparent to introduce their young family members to the advantages of POCUMD membership and a lifetime of savings. Let's help our youth get on the road to financial security today!

Get Your IRA Back on Track

Individual Retirement Accounts (IRAs) keep your money working for you by allowing any earnings the opportunity to grow on either a federally tax free or tax-deferred basis. These tax advantages allow IRAs to compound more quickly than taxable accounts. This means more money for you in retirement.

At Post Office Credit Union of Maryland, we offer Traditional IRAs, which allow any earnings to grow tax-deferred, and contributions may be tax-deductible.

This is a great opportunity for you, whether you are just starting to save, or to get your existing retirement goals back on track. Contribute the maximum of $5,000 for the 2009 tax year. The earlier you contribute, the longer your money has to work for you.

Come in today and start saving for a better tomorrow!

Allpoint ATM Network is Third Party Surcharge Free

You will never pay a third party surcharge again when you use your POCUMD ATM Card at any of over 32,000 Allpoint ATMs nationwide. One in 12 of all ATMs in the U.S. is in the Allpoint network, making it the largest ATM network in the country. Use your card at any ATM displaying the Allpoint logo to access your POCUMD account 24 hours a day. Enjoy an unlimited number of third party surcharge-free transactions. Please note, that any withdrawal is subject to a $1.00 assessment regardless of ATM used

Announcing Anytime Adviser

POCUMD wants you to make the right financial decisions. Let us help you by taking advantage of one of our many tools such as the Anytime Adviser. The Anytime Adviser is an interactive tool to help you learn and be more informed of your financial decisions.

Whether you're thinking of buying a car, a home, or just looking to get better control of your finances, try out Anytime Adviser online Coaches. Through interactive exercises and simulation games, you'll learn how to make financial decisions of which you can be proud. balancing

Anytime Adviser includes:

Couples and Money Coach
New Car Buying Coach
Used Car Buying Coach
Home Buying Coach
Credit Management Coach
Identity Theft Coach
Checking Account Coach

Try our Anytime Adviser today!

New POCUMD ATM Cards

Our ATM cards have a new look! If your POCUMD ATM card does not resemble the one shown here, give us a call or stop in our office so that we may replace it with a new one, free of charge.

To view our Newsletter in Flash, please click here.

asi Post Office Credit Union of Maryland, Inc. is privately insured by American Share Insurance ehl
up to $250,000 per account.

This institution is not federally insured, and if the institution fails, the Federal Government does not guarantee that
depositors will get back their money. Accounts with this institution are not insured by any state government.

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