MemberMatters - Wright-Patt Credit Union

MemberMatters
FEBRUARY 2009
TABLE OF CONTENTS
PRESIDENT’S MESSAGE
HOMEWORLD ‘09
MEMBER SPOTLIGHT
FINANCE QUICK TIP
FINANCIAL PLANNING
SEMINARS
REALTOR ® ON DUTY
CONTACT INFORMATION
TAX TIPS
TURBOTAX
LOAN RATES
DEBT MANAGEMENT
SKIP-A-PAY
SAVINGS RACE PIT STOP
MEMBER CENTERS
CHECK FRAUD
SAVE THE DATE!
WPCU’s Annual Business Meeting will
be held on Wednesday, March 25th in
the Nutter Center’s Berry Room.
CLOSINGS:
President’s Day: Monday, February 16th
CONTACT:
2455 Executive Park Blvd.
P.O. Box 286
Fairborn, Ohio 45324
CALL US AT:
(937) 912-7000
(800) 762-0047
TDD (937) 912-7001
www.wpcu.coop
Local Communities and
Main Street Pride
Wright-Patt Credit Union is growing. With the addition of new Member
Centers in Beavercreek and Urbana, we now have 22 Member Centers
to serve you. Our goal is to improve access for members throughout
the Dayton region, so we’re looking into additional locations to bring
the value of Wright-Patt closer to home for everybody.
For us, opening a new location is more than brick and mortar. It’s an opportunity to invest in
local communities where members live. Murals in our newest Member Centers feature local
landmarks like the Veterans Memorial in Beavercreek and Grimes Field in Urbana. As I’ve said
before, Wright-Patt Credit Union serves Main Street, not Wall Street. We’re all about making
our communities better places to live.
People Before Profits
We often hear that Wright-Patt offers products and services you would expect from a
large corporation but with a “small-town” flavor. I like that. We take pride in this reputation
because it shows we can offer great value to members while maintaining our commitment
to a philosophy of “people before profits.”
People are truly the heart of WPCU. Our Savings Race families live in your communities –
Fairborn, Troy, Miamisburg, Kettering, and Springboro. We have invited you to follow their
stories and join them for Savings Race Pit Stops to start your own financial tune-up. I am
impressed by their hard work and dedication to a savings makeover and encourage you to
follow their stories at www.wpcu.coop/savingsrace.
Your Board of Directors is also made up of folks from our communities who volunteer their
time to help us better serve our members. They are your neighbors and your co-workers,
and they’re members just like you. I hope you’ll take the opportunity to vote in the Board
of Directors election online by logging in to your Home Banking account by February 17th
(mail ballots are also available).
Finally, my only request of you is that you tell your family, friends, and co-workers about the
benefits of being a member of Wright-Patt Credit Union and how WPCU is a vital part of your
community. We welcome the opportunity to have your friends and family become a part of
ours because the more people who take part in our credit union, the more value we’re able
to deliver to everybody. Thanks for being a member.
Douglas A. Fecher
President & CEO
Wright-Patt Credit Union, Inc.
PRESIDENT’S MESSAGE
Federally insured by NCUA
PAGE 1

Wright-Patt’s HomeWorld ‘09
Homeworld ‘09 Has Something for Everyone!
Whether you’re ready to make improvements to your home,
looking for inspiration for a project, or want to learn more about
the latest home products, Wright-Patt’s HomeWorld ’09 has
something for you! Join us Thursday, February 5th through
Sunday, February 8th at the Dayton Exposition Center at the
Dayton International Airport for do-it-yourself workshops,
educational seminars, and displays.
“We already had our checking account with Wright-Patt, so we
started there when we needed a loan to fix up our home. We used
our Home Equity Line of Credit to repair our roof, to replace our
entry door, remodel our bathroom, and work on our deck and fence.
It definitely improved the value of our house a lot! Now we are
buying another home. We learned first-hand that banks are really
tough to deal with now. One bank wouldn’t even talk to us unless
we had 20% for a down payment and 6 months of retirement
savings in reserves for each of us…and even then we weren’t
guaranteed the loan. At Wright-Patt we were pre-approved for a
loan and we only needed to put 5% down as a down payment.”
Scott and Beverly H.
Members since 2000
Wright-Patt will be giving away prizes including a digital camera,
TV, multi-tool kit, and more! So be sure to fill out your entry card
and stop by our booth to learn more about all your credit union
has to offer! Tickets are available during show hours at the front
entrance of the Expo Center. For more information about this year’s
HomeWorld go to www.miamivalleyhomeworld.com.
Thursday, February 5th
4:00 pm - 9:00 pm
Saturday, February 7th
10:00 am - 9:00 pm
Friday, February 6th
4:00 pm - 9:00 pm
Sunday, February 8th
10:00 am - 5:00 pm
MEMBER SPOTLIGHT
Carol B.
Member since 1976
Special Patronage Dividend of Over
$3 MILLION
Paid to Our Members
Wright-Patt Paid Me Back!
“With all you’re hearing about financial institutions it’s
really comforting to know that the credit union is not taking
risks with my money, and instead of being in trouble they
actually have money to give back to their shareholders with
the Special Patronage Dividend. I have to say, though, that it
doesn’t surprise me because of my positive experiences with
the credit union over the years!”
PAGE 2

Most Americans could use some extra money these days. Follow
these useful tips to reduce your winter energy bill and keep more
of your hard-earned money!
1. By turning down your home thermostat two degrees you’ll save
24 kilowatt-hours (kWh) a month. Kilowatt-hours are how the
electric company measures and bills for the electricity you use.
Every little bit helps!
2. Avoid turning your thermostat up and down dramatically
because it wastes energy and increases your heating costs.
3. Lower your hot water thermostat 10 degrees. This will save you
25 kWh a month and still provide you with all the hot water you need.
4. Stop the draft coming from your windows by lining them with a
clear film insulator.
5. Fix leaky faucets - one drip a second is 20 kWh a month.
6. Look for the “Energy Star” when buying major appliances.
This indicates that the appliance meets or exceeds standards
set by the U.S. Department of Energy and the Environmental
Protection Agency (EPA).
7. Consider a front-loading washing machine. They use 50% less
energy and one-third less water. They also remove far more water
in the rinse cycle which translates into big savings in dryer time.
8. Choose a roof for your home based on its energy efficiency
rather than how it looks. Materials that are light-colored, such
as white, galvanized metal or cement tile, do the best job of
reflecting the sun and cool quickly at night.
For additional energy saving tips visit the U.S. Department of
Energy at www.energysavers.gov.
DEBT MANAGEMENT
Eight Simple Ways to Save on Energy Costs
SKIP-A-PAY TODAY!
If you’re feeling the effects of too much holiday spending or if
money is tight due to a layoff in your family you may be able to free
up some cash by skipping your personal loan payment this month!
Wright-Patt offers you the option to skip one payment per year on
your WPCU personal loan for a small $5.00 processing fee. Skip-a-Pay
SKIP-A-PAY
is easy - just login to online Home Banking or call the Member Help
Center at (937) 912-7000 or toll-free at (800) 762-0047 to sign up.
You can request your skipped payment up to 6 months in advance at
which time it will be automatically processed for you. Keep in mind
the skipped payment will not incur a late fee but finance charges will
continue to accrue on the loan.
To be eligible you must have a positive balance, no late payment history on the loan of more
than 31 days, have had the loan more than six months, and be current on all your WPCU loans.
SAVINGS RACE PIT STOP
SAVINGS RACE PIT STOP
Retirement Planning/401k &
Insurance begins at 6:00 pm,
and College Planning begins
at 7:30 pm.
Tuesday, February 24th
Berry Room – EJ Nutter Center
3640 Colonel Glenn Hwy., Dayton
To reserve your seat, go to
www.wpcu.coop/savingsrace, or call the
Member Help Center at (800) 762-0047.
PAGE 3

MEMBER CENTERS
Urbana Member Center Grand Opening &
Kettering Member Center on the Move!
The Urbana Member Center moved to its new location at 1868 E US Highway 36
on January 12th. Local business leaders, city and county officials, and Wright-Patt
staff celebrated the opening with a ribbon cutting ceremony on January 8th. A $500
donation was presented to Urbana City Schools Superintendent Susan McCarty. Grand
Opening events were held January 30th and included free lunch and a live radio remote
broadcast with Kiss Country 101.7 FM.
The Kettering Member Center will be on the move this spring! The new Member Center will be
located at 1810 Woodman Center Dr., close to the current location near Aldi and Goodwill.
You Asked – We Listened! New Member
Center Hours Start in March
Your credit union is always looking for ways to better serve you and make our services more
convenient for our members. Thanks to your feedback, the following Member Centers will
have extended lobby and drive-thru service hours starting Monday, March 2nd:
• Five Points, 130 E. Dayton-Yellow Springs Road, Fairborn
• Englewood, 7704 Hoke Road, Clayton
• Northwest, 3530 Siebenthaler, Dayton
• Norwood, 4560 Lafayette Avenue
• Greenhills, 3 Enfield Street
• Wilmington, 161 Carrie Drive
• Gantt, 2465 Executive Park Blvd., Fairborn
• Xenia, 88 South Progress Drive
L to R - Douglas A. Fecher - President and CEO,
Wright-Patt Credit Union; Jene Gaver - Wright-Patt
Credit Union Member Advisory Panel; Carolyn
Uecker - Wright-Patt Credit Union Board of Directors;
Urbana Member Center Staff - Virginia B., Carla A.,
Manager Laurie M., Karen G., Pam M.; Tina Knotts
- Executive Director, Champaign County Chamber of
Commerce and Visitors Bureau.
New hours for these locations will be Monday - Friday 9:00 am - 7:00 pm, and Saturday
9:00 am - 1:00 pm. Saturday drive-thru hours will be 9:00 am - 2:00 pm for locations
with drive-thru service (Five Points, Northwest, Norwood, Wilmington, Gantt and Xenia).
All other Member Centers will maintain their current hours of service for both lobby and
the drive-thrus.
The Springfield Member Center, 1697 N. Bechtle Avenue, will open earlier! New
service hours effective Monday, March 2nd will be Monday - Friday 9:00 am - 7:00 pm
and Saturday 9:00 am - 2:00 pm.
Douglas A. Fecher presented a $500 donation
to Urbana City Schools Superintendent Susan
McCarty at the Urbana Member Center Ribbon
Cutting on January 8th.
CHECK FRAUD
Protect Yourself from Check Fraud!
Have you received an email offering you money to be a secret
shopper Has someone promised to pay more than the asking price
for items you’re selling online if you’ll wire money to a third party
These are just two of the ways you could become a victim of check
fraud. Money is tight for many of us these days and offers for quick
cash may seem tempting. But remember – if it sounds too good to
be true it probably is!
make sure your hard-earned money stays in your pocket. It can be
difficult to spot a fake check – that’s why your credit union is here
to help. If you have questions or concerns about a check or offer
you have received bring the check and any accompanying emails,
letters, or envelopes to a Member Center so a Member Service
Representative or Manager can help determine if the check or offer
is legitimate.
If you were to unknowingly deposit a fake check to your Wright-Patt
account you would be held responsible for the funds. We want to
For more information about protecting yourself from check fraud
visit our website at www.wpcu.coop.
PAGE 4
www.wpcu.coop

FINANCE QUICK TIP
Double your Money!
To find out how long it will take to double the money you’ve
invested, divide the interest rate on your current investments into
72. For example if your current interest rate is 9%, you would
figure 72 ÷ 9 = 8 years for your money to double without
adding any additional funds. The calculation works whether
you’ve invested $500 or $50,000 and your money will grow
even quicker if you continue to add to your investments!
How to Invest in Volatile Markets
Workshops will be held from 12:00 pm to 1:00 pm on the
following dates:
Wednesday, February 11th, Xenia Member Center
Thursday, February 12th, Beavercreek Member Center
Friday, February 13th, Kettering Member Center
Presenter: Beth Guy
Investment Representative, CUSO Financial Services, L.P.
*Investment products and services offered through CUSO Financial Services,
L.P. (CFS) are not NCUA/NCUSIF insured, not obligations of the credit union, not
credit union guaranteed and may lose value. Advisors are employed by Wright-Patt
Credit Union (WPCU) and registered through CFS. WPCU is in partnership with
CFS. (Member FINRA/SIPC and SEC Registered Investment Advisor)
Financial Planning Seminars
Date: Monday, February 2nd
Location: WPAFB Building 2, Family Service Center
Time: 11:00 am to 1:00 pm
Topic: Thrift Savings Plan
Presenter: Dick Pacifico
Investment Representative, CUSO Financial Services, L.P.
To attend these seminars members can call (937) 912-7855 to RSVP
Date: Friday, February 13th
Location: Gantt Member Center
Time: 12:00 pm to 1:20 pm
Topic: Retirement Plan Distributions
Presenter: Bob Scarfo
Financial Advisor, CUSO Financial Services, L.P.
Date: Saturday, February 21st
Location: Wilmington Member Center
Time: 9:30 am to 11:00 am
Topic: Retirement Plan Distributions
Presenter: Chuck Kromer
Investment Representative, CUSO Financial Services, L.P.
REALTOR ® ON DUTY
Date: Friday, February 27th
Location: La Rosa’s - Cross Pointe Shopping Center
Time: 11:30 am to 1:00 pm
Topic: Retirement Plan Distributions
Presenter: Chuck Kromer
Investment Representative, CUSO Financial Services, L.P.
Member Center addresses available at www.wpcu.coop
Our experts answer your questions about buying or selling your home, loan pre-approvals, and more.
No appointment necessary – just stop by between 11:00 am and 1:00 pm!
Date: Friday, February 6th
Location: Beavercreek Member Center
Address: 1506 N. Fairfield Road
Realtor: Deb Sasser, Coldwell Banker Heritage
Originator: Vicki Keaton
Date: Friday, February 20th
Location: Area B Member Center
Address: Building 16
Realtor: Jim Spangler, Home Site Realtors
Originator: Bryan Sutherland
Date: Friday, February 13th
Location: Kettering Member Center
Address: 2070 E. Dorothy Lane
Realtor: Lisa Arzate, Coldwell Banker Heritage
Originator: Angela Yarbrough
Date: Friday, February 27th
Location: Xenia Member Center
Address: 88 S. Progress Drive
Realtor: Tony Mcllvaine, Mcllvaine Realtors
Originator: Tricia Reed
www.wpcu.coop

CONTACT INFORMATION
Help us Stay in Touch
TAX TIPS
Start Saving with a Tax Club Account
Is an unexpected tax bill leaving you strapped for cash this year
Start saving for next year’s taxes with a Wright-Patt tax club
account! Club accounts help you budget for anticipated expenses
by allowing you to save money on a regular basis through direct
deposit or payroll deduction.
Simply open a club account with as little as $5.00 and choose a
term between 3 and 12 months. You’ll begin earning competitive
dividends on your savings and your funds will mature and be
TURBOTAX
Save with Turbotax!
Don’t forget - WPCU members can file with TurboTax Federal
Free Edition and are also eligible for a discount on other TurboTax
products, including Deluxe, Premier, and small business versions.
To get started go to www.wpcu.coop/TurboTax or click
Tax Info in the online Home Banking navigation bar.
LOAN RATES
If you have moved or changed your phone number since you
opened your account or want to provide an email address so you
can enroll in eStatements, please be sure to let us know. We need
your current information on file so we can get you all the important
news you need about your credit union!
If your contact information needs to be updated you can provide
your new information when you visit a Member Center or call the
Member Help Center at (937) 912-7000 or toll-free at (800)
762-0047. If you are enrolled in WPCU’s online Home Banking
you can login and click “update” next to your email address on
the Balances page. You will be able to change your phone number,
address, or email address from the page that follows.
transferred to your share or checking account on the first day
of your account’s maturity month. You can then withdraw your
savings to pay your tax bill so there won’t be any unpleasant
surprises next tax season!
To start a club account for taxes or any other future expense visit
any of our 22 Member Centers or call the Member Help Center at
(937) 912-7000 or toll-free at (800) 762-0047.
Giving You the Best Deal with Lower Rates!
Wright-Patt Credit Union wants you to make the most of your
money which is why we always give our members the best rates
on loan products. Now through February 28th we’re doing our
part to stimulate the local economy by offering auto loan rates
as low as 3.9% APR** for new 2008 and 2009 vehicles and
4.35% APR** for purchases of 2007 or older models.*
Lower Credit Card Rates
Take a closer look at your February credit card statement – eligible
Wright-Patt Visa ® and MasterCard cardholders have automatically
received new rates as low as 6.9% APR** based on their credit
history. Lowering your credit card rate is just one more way your
credit union helps you through life!
If you’re thinking about buying a car, now’s the time to visit
your local dealership and ask for WPCU auto loan rates as low
as 3.9% APR**. By financing through a dealership, you’ll be
able to take advantage of our great rates plus any manufacturer
incentives. To find WPCU’s participating auto dealerships go to
www.wpcu.coop/participatingdealerships.
*Rates are based on your credit history, are for new loans only, and
are not available for refinancing a current auto loan. Loans are not
eligible for other discounts, such as direct deposit.
**APR = Annual Percentage Rate