If you’re a homeowner, you work hard to pay for your home. Maybe it’s time to put your home to work for you – with a Home Equity Line of Credit from HUECU.

For a limited time, the Credit Union is of-fering an incredibly low introductory rate of 1.99% APR for the first twelve months on all Home Equity Lines1. After the introductory period, you will enjoy a rate .26% below prime (currently 2.99% APR) for the remaining life of your line.

You can borrow up to 80% of your home’s value with a maximum credit line of $200,000. Other benefits of an HUECU Home Equity Line of Credit include:

• No annual fees

• No closing costs2

• No Pre-Payment Penalties

• Ten-year draw followed by ten-year repayment

• Variety of convenient payment options

Borrowing with a Home Equity Line offers two key advantages:

1) The interest rate will be lower – usually much lower-than what you’d pay on a credit card or personal loan.

2) The interest you pay is usually tax deductible, which further reduces the cost of borrowing.

Drawing from your Home Equity Line of Credit is easy. You can transfer the funds directly to your HUECU checking account using Online Banking or the HUECU Mobile App. You can also call the Contact Center or visit an HUECU branch to have a Credit Union representative complete your request.

Visit huecu.org to learn more about what an HUECU Home Equity Line of Credit can do for you or to apply online. If you would like to speak to one of our loan experts, feel free to call us at (617) 495.4460 or visit an HUECU branch. To take advantage of the 1.99% APR introductory rate, applications must be received by June 30, 2014.

F O R H U E C U M E M B E R S 1 S T Q U A R T E R 2 0 1 4

MGH Employees Start Boston Marathon Fund A group of MGH Blake nurses were among the many health care professionals who provided care for victims of last year’s Boston Marathon bombing.

The bravery and tenacity of the victims and their families inspired these nurses to get involved. The nurses on “Team Blake” will run in this year’s marathon to raise money for a victim relief fund.

HUECU was contacted to set up an account for the fund and was happy to support their efforts with a donation.

The check was presented by MGH Branch Manager, Paul Conners, CEO and President

Gene Foley, and Director Guillermo Banchiere. We wish you all the best of luck Team Blake!

Prime Time for an Equity Line

e w sn you canuseF R O M H A R V A R D U N I V E R S I T Y E M P L O Y E E S C R E D I T U N I O N

Not a bank. A benefit.

¹ After the first 12 billing cycles the Annual Percentage Rate (APR) is variable and will be equal to the Prime Lending Rate as published in the Wall Street Journal minus .26% (currently 2.99%). Maximum APR is 18%. ² If you close the line within 24 months from date of note, you will reimburse HUECU the amount of waived fees. Adequate property and/or flood insurance may be required. Subject to credit approval. Rates subject to change without notice.

HUECU Home Buying WorkshopsThe U.S. housing market is entering its busiest season, which can

be an intimidating time for many first time home buyers. There’s

a lot you need to know to be an educated real estate shopper.

Fortunately, attending a Credit Union home buying workshop will

give you a great head start.

Our home buyer workshops will help you answer some key

questions:

• Are ready to buy a home?

• How much of a home you can afford?

• What type of home are you looking for?

• What is involved in the mortgage process?

These sessions will cover many other housing related matters

that will help you to make informed decisions on your way to

homeownership.

Throughout the spring, we will hold regular home buying workshops

in a variety of locations. Dates and times are shown below.

Additional information is available at huecu.org.

HUECU also offers first time home buyers valuable discounts including, free pre-approval, reduced rate and $300 credit towards closing costs.

March 19, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

March 26, 2014 from 5:30pm-7:00pm 104 Mt. Auburn, Harvard Square

April 2, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

April 15, 2014 from Noon-1:30pm Harvard School of Public Health

April 23, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

April 30, 2014 from 5:30pm-7:00pm 104 Mt. Auburn, Harvard Square

May 8, 2014 from Noon-1:30pmHarvard School of Public Health

May 14, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

May 19, 2014 from Noon-1:30pm Building 114, Charlestown Navy Yard

May 21, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

May 28, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

June 4, 2014 from Noon-1:30pm Harvard School of Public Health

June 11, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

June 18, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

June 25, 2014 from Noon-1:30pm 104 Mt. Auburn, Harvard Square

Upcoming First Time Home Buying Workshops:

Earn Cash Back with Our New Rewards CardThe wait is finally over! Start cashing in with HUECU’s new

Platinum Rewards MasterCard.® It’s simple and easy and makes

every purchase more rewarding. You’ll earn 3%1 cash back

on gas, 2%1 cash back on groceries and 1% cash back on

everything else!

Like all HUECU Credit Cards, the Platinum Rewards Card has no

annual fee and no balance transfer or cash advance fees.

Points are earned automatically and can be accessed at any time

through the Card Center in Online Banking. There you can view

your point totals as well as redeem your points. Cash back can

be applied to your Credit Card balance or deposited directly

into your HUECU account. In addition to cash back, you can

redeem points for gift cards, merchandise and a host of travel

related items.

To help you get started earning rewards, you will automatically

receive 500 bonus points the first time you use your card.

For complete details on the HUECU Platinum Rewards

MasterCard® and to apply online, visit huecu.org.

1. Bonus points awarded on the first $1,500 spent in the bonus categories (combined) during each quarter.

For complete details and to register online, visit huecu.org.

Welcome to Team HUECUPlease join us in welcoming Yanira Conde to the Credit Union.

Yanira Conde is the newest

addition to our MGH Branch

Teller Line. Previously Yanira

worked at Harvard University Dining

Services and as a Banker

at Citizens Bank in Cambridge.

In addition, Yanira is also currently

completing an internship in the

Events Department at the Harvard

Radcliffe Institute. Welcome to

HUECU Yanira. We’re glad to have you on board.

The New Look of Your CU NewsThe Credit Union is happy to announce the launch of an

electronic version of the newsletter. Now your Credit Union

news will only be a click away.

As with the paper newsletter, the e-newsletter will provide

helpful information on a variety of financial topics, as well as

news relevant to the HUECU community. By switching to an

electronic newsletter, we can deliver richer content in an

eco-friendly method.

How do I sign up for the e-newsletter?

An introductory e-newsletter will be sent to all members with

an email address on file with the Credit Union and you will have

the option to update your mailing preferences from there. To

update your email address with HUECU, simply login to Online

Banking and select ‘My Contact Info’ below User Options in the

left-side menu.

When can we expect the first e-newsletter?

You can expect the first e-newsletter to arrive at the end of

March. From there, each e-newsletter will arrive in your inbox at

the end of each quarter.

We think you’ll find the e-newsletter an excellent tool to stay

up-to-date with what’s happening in the HUECU community

and we can’t wait to get started. If you have any questions, you

can always email us at huecu@harvard.edu.

Holiday Hours

The Credit Union offices will be closed on the following dates:

Monday, May 26: Memorial DayFriday, July 4: Independence Day

Contact Us

Phone: 617.495.4460Email: huecu@harvard.edu

Web: huecu.org

The 75th HUECU Annual Meeting will be held on Wednesday, March 26th.

The meeting will include the distribution of the 2013 Annual Report and

presentations by HUECU’s President & CEO, Board Chairman, and Board

Treasurer.

Voting for the annual Board of Directors election will be held from noon until

6pm and the results will be announced during the meeting. Any member over

18 years old who joined prior to December 25, 2013 is eligible to vote.

Unlike for-profit companies, HUECU’s Directors are all unpaid volunteers who

give their time to represent the best interests of the entire HUECU community.

Our Credit Union is governed by a 15-person board and every Director is

also an HUECU member. Their role includes giving strategic direction and

formulating responsible policies and procedures. They also have fiduciary

responsibility to ensure the Credit Union is financially sound.

This year, there are seven candidates running for five open positions, including

four incumbent Directors running for re-election and three new candidates.

Candidate bios and complete voting rules are available at huecu.org.

The Annual Meeting is open to all HUECU members.

Annual Meeting 2014

Meeting Details:

When: Wednesday, March 26th, 2014

Time: Voting Hours: 12 noon to 6pm

Business Meeting: 6pm to 7pm

Where: The Sheraton Commander

16 Garden St Cambridge, MA 02138

* Light refreshments will be served throughout the day