IBM SEFCU - Breaking News October 2002


What's On My Credit Report?
Have you seen your credit report lately? Your credit report is a factual record of your credit payment history. Its main purpose is to help lenders quickly and objectively decide whether to grant you credit for such things as car loans, credit cards and mortgages. Review your credit report annually to make sure there are no errors or fraudulent information included. A typical credit report includes:
Your name, current and previous addresses, phone number, Social Security number, date of birth and employment information Specific information about your individual credit accounts Federal district bankruptcy records, state and county court records of tax liens and monetary judgments The names of those who have obtained a copy of your credit report. For instance, every time you return a "preapproved" credit card application, that credit card company inquires into your credit report Statements of dispute, which allow both consumers and creditors to report the factual history of an account You can obtain current copies of your credit report from each of the three major credit reporting agencies. You may contact them online at www.experian.com, www.equifax.com and www.transunion.com. These sites also offer helpful information concerning wise use of credit, and protection against fraud and identity theft.
Call Auto Acquisition For Deals On 2003 Models
Now is a great time to talk to Auto Acquisition about next year's car models. They will find the make and model of the car, truck or van you want, and negotiate the price for you. Auto Acquisition puts the pleasure back into car buying. All makes and models; new and used vehicles Lease or purchase* Extended Warranty Protection and GAP Total Loss Protection available Trade-ins accepted Generous lease terms; no upfront costs* In Florida, call Al Gonzalez at 800.873.5100, ext. 7740 or 561.982.4700, ext. 7740. In Atlanta, call Jim Styne at 770.509.2571. In all other areas, call 800.493.2955. All IBM Southeast EFCU auto loans and leases are subject to certain qualifications and credit approval. For more information, please refer to "Your Loan Disclosures" or contact a Member Service Representative at 800.873.5100 or 561.982.4700*, or e-mail loans@ibmsecu.org for full details on rules, terms and conditions.
eMessenger Is At Your Service
eStatements - sign up and receive your statements via e-mail Get information about your accounts around the clock and make the most of your time and money. eMessenger brings information to you - where you want it, when you want it. Choose the information you want: Your monthly statement is ready Your check has cleared Your certificate is maturing Your account balance has reached a specific level Sign up now for FREE eMessenger service.
Easy Insurance To Help You Relax
Don't spend your valuable time trying to find insurance for everything in your life. Members Insurance Services, LLC, an independent insurance agency owned by your Credit Union, can provide all the coverage you need, at a price you can afford. Auto, Homeowner's, Boat and other insurance products and services* High quality, professional assistance Timely, accurate quotes For free quotes and more information, call toll-free 877.981.8448, or visit www.membersinsuranceservices.com. *Insurance may not be available in all states

Time Is On Your Side
We'll preapprove your next car loan in 15 minutes or less!*
through October 31, 2002 *It's easy to apply!* Online Call 800.873.5100, ext. 8707 or 561.982.4700, ext. 8707; After hours or on weekends, call Loanline 24 at 877.354.LOAN Visit your nearest branch
APR = Annual Percentage Rate. 3.90%APR interest rate applies to new vehicle/24 month loans. Other new vehicle loan interest rates as follows: 4.90%APR for 36 months; 5.40%APR for 48 months; 5.90%APR for 60 months. Used vehicle loan interest rates are as follows: 5.90%APR for 36 months; 6.40%APR for 48 months; 6.90%APR for 60 months. Used vehicles (1998-2001) qualify. Prevailing loan terms may apply. All IBM Southeast EFCU auto loans and leases are subject to certain conditions and credit approval. For more information, please refer to "Your Loan Disclosures," or contact a Member Service Representative at 800.873.5100* or 561.982.4700, or e-mail loans@ibmsecu.org for full details on rates, terms and conditions. Offer not valid on refinanced Credit Union loans. Other discounts do not apply. Offer ends October 31, 2002. 15 minute preapproval may not be available for online applications. **Upon loan approval and disbursement, $25 will be deposited into your IBM Southeast EFCU savings account. Offer ends October 31, 2002.

LifeRing TenPlus^sm

Long Term Care Insurance

A new life insurance program is available for Credit Union members and their families. The LifeRing TenPlus 10 year level premium group term life insurance plan provides you with the same level of protection and the same premiums for 10 years - guaranteed! With today's uncertain economy, you can ensure your family's lifestyle and financial security for at least a 10 year period with LifeRing TenPlus. After 10 years, you can apply (up to age 64) for a new 10 year plan or renew annually at the prevailing rates.

Obtain coverage from $150,000 to $1 million in $50,000 increments.
If you already have coverage under LifeRing, you may apply for additional coverage up to a combined total of $1 million.
Deduct premiums automatically from the Credit Union account of your choice.

LifeRing life insurance programs are underwritten by the New York Life Insurance Company, which has consistently received the highest ratings from leading independent rating services. For more information, contact the plan administrator at 800.223.8646. LifeRing TenPlus

Protection against future financial burdens
Someday, you and your family may need to deal with the cost of long term care for yourself or for other family members. Such care could represent a large portion of your total expenses, according to the U.S. Department of Health and Human Services.

You can receive protection for your family and your assets with affordable programs to address the expenses of long term care or chronic illness. For more information, call Long Term Preferred Care , Inc. at 866.783.4476 and let the representative know you're a Credit Union member.

Found Money

And the winner is...

Find the answer in the newsletter to the following question and win $50: How often should you review your personal credit report? E-mail marketing@ibmsecu.org , with your name, phone number, member number and the answer to the question by November 10,2002. If you don't have e-mail access please mail the above information to Marketing, IBM Southeast EFCU, P.O. Box 5090 Boca Raton, FL 33431-0890. If your answer is correct, we'll enter your name in a random drawing to win $50, which will be deposited into your Credit Union savings account! Winner will be announced in the December 2002 issue of Breaking News.

(Previous winners, employees and their family members are not eligible.)

... Robert Cunningham, of Mableton, GA. He is the winner of our August newsletter contest. He was selected in a random drawing after finding the hidden answer to the question, How many programs does ShareBuilder offer for purchasing stock? The answer is, Three programs. He won $50! You could be next! For more information about contests and winners, be sure to read each issue of Breaking News.

Access The Credit Union Your Way
*Make sure your Credit is available when you are* Use Online Banking, SunDial Telephone Banking or Automatic Repayment to make payments to your Line of Credit, Visa credit cards and other Credit Union loans. It's faster and easier than writing a check and your funds will be available immediately. When writing a check for payment, fund availability may be slightly delayed. Contact a Member Service representative at 800.873.5100 or 561.982.4700, or e-mail loans@ibmsecu.org for full details.
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