july 2020 simplified banking · at a rate you’ll love *apr=annual percentage rate. ** loan terms...
TRANSCRIPT
July 2020
-Federal Credit Union-
“SIMPLIFIED BANKING”
Board of Directors
Margeaux Webb, President
Roger Turner, Vice President
Art Olmos, Secretary
Ray Davis
Sydney Ryan
Jack Vanderlans
Supervisory Committee
Lynn Stroh, Supervisor Chair
Janet Davis
Art Olmos
Management Liz Maynard, CEO
Mandy Rodriguez,
Tienda Branch Manager
Amanda S. Villanueva,
Trinity Branch Manager
Credit Union Hours
Monday through Thursday
Lobby 9:30 AM to 5:00 PM
Friday
Lobby 9:30 AM to 5:30 PM
Trinity Br. Pho: (209) 938-1088
Tienda Br. Pho: (209) 333-5424
PAT: (209) 333-5422
Website:
www.mokelumnefcu.com
NMLS (ID Number) 1371525
made even simpler with
Simplified Banking MyBanking Electronic Services
Stay Connected 24/7
• Deposit Checks Remotely
• Restrict Misplaced Debit Cards
• Check Your Balances
• Transfer Funds
• Pay Bills and more!
Visit one of our two convenient locations and sign up for our FREE MyBanking Bundle
today! Account restrictions apply. See a Member Service Representative for full details.
WE LOVE REFERRALS!
Refer friends and family to open a qualifying Checking
Account or Auto Loan with Mokelumne Federal Credit Union
and receive $25.00 for both you and each person you refer!
There is no limit to the number of referral credits one member
can receive. Restrictions do apply. Visit a branch location
nearest you for full details.
The Vehicle You Want
At a Rate You’ll Love
*APR=Annual Percentage Rate. ** Loan terms and percentage of
financing subject to your individual credit approval. Some
restrictions apply. Payment example: $1000 financed at 2.99%
APR for 12 months would result in an approximate monthly
payment of $84.69, with a total repayment of $1016.28.
If you’re in the market for a New or Used Vehicle, let MFCU’s competitive loan rates help get you into the car of your dreams for a payment you can afford!
• Rates as low as 2.99% APR*
• Terms up to 84 months with 100% financing available**
• Pre-Approvals available for worry-free shopping
Speak with a Loan Representative today or apply online at www.mokelumnefcu.com.
Page 2
Check Scams on the Rise
For many people, receiving an
extra $2000 in the mail seems
like a dream come true, right? But
members should beware!
According to the Federal Trade
Commission, fake check scams have
significantly increased over the last
five years. Fraudsters are creative in
their ways to make the scam look and
feel as legitimate as possible. Often
disguised as a fake job opportunity or
even lottery winnings, the check is sent
with detailed instructions for you to
cash it at your local bank and either
wire or mail a portion of the funds
directly to them, keeping the remainder
of the check for yourself. By law,
banks have to make deposited funds
available quickly- you’ll usually see
the money in your account within a
day or two. But it may take weeks for
your bank to learn the check was bad.
By that time, the scammer has the
money you sent and you’re stuck
paying the bank back for the entire
balance.
Mokelumne is aware of these types of
scams and we are here to help you
identify when an unexpected check
may be fraud. Simply bring the check
to the credit union, along with any
letter or envelope it was mailed with,
and we will do our best to determine the
check’s validity and help with your
next course of action.
Thank you to all who voted
Mokelumne FCU
BEST CREDIT
UNION of Lodi, 2020.
MFCU WILL BE
CLOSED
Monday,
September 7th
In Observance of
Labor Day
In the next Newsletter
• Annual Shred Event
• Christmas Loan Info & Application
Mokelumne Federal Credit Union would like to make you aware, if your account has not experienced activity for at least three years, it is classified as dormant or inactive. Dormant / inactive accounts are subject to a $5.00 per
month fee. You may easily reactivate your account and avoid this fee by making a transaction to your account.
State law requires account balances be surrendered or escheated to the State of California if the owner has
not generated account activity within three years.
To avoid this, we encourage you to take action as soon as possible. Please contact a branch nearest you to assist in protecting your funds.
Dormant Accounts
Accounts with no activity for three
years are classified as dormant