Platinum Credit Card - Atlanta Postal Credit Union

Branch ListingMAIN OFFICE3900 Crown Road • Atlanta, GA 30380-0001404-768-4126 Local • 800-849-8431 Toll Free404-669-2750 FaxOffice HoursMonday-Friday • 9:00 a.m.-4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.DECATUR BRANCHP.O. Box 803 • Decatur, GA 30031404-373-2646 Local • 404-378-5642 FaxOffice HoursMonday-Friday • 9:00 a.m.-4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.NORTH METRO BRANCHReal Estate Department • Business Lending DepartmentP.O. Box 588050 • North Metro, GA 30029-8050770-921-7091 Local • 800-849-8436 Toll Free770-921-7186 FaxOffice HoursMonday-Friday • 9:00 a.m.-4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.BULK MAIL CENTER1800 James Jackson Pkwy., NWAtlanta, GA 30369-9751404-792-8560 Local • 404-792-2512 FaxOffice HoursMonday-Friday • 9:00 a.m.-4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.MACON BRANCHVISA Department515 Mulberry Street, Suite 100 • Macon, GA 31201-6306478-746-4283 Local • 800-849-8434 Toll Free478-746-8999 Fax800-599-7889 VISA Card ServicesOffice HoursMonday-Friday • 9:00 a.m.-4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.Drive-Up Window ServiceMonday-Friday • 9:00 a.m.-4:30 p.m.IBEW Branch501 Pulliam St., Ste 350 • Atlanta, GA 30312-2749404-768-4126 Local • 404-223-3322 FaxOffice HoursMonday-Friday 9:00 a.m.- 4:30 p.m.Telephone Service8:30 a.m.-5:00 p.m.24-HOUR LENDING CENTER800-371-6917KEY TELLER SERVICEIn Atlanta - 404-763-APCU (2728)In Georgia - 800-822-0251Outside Georgia - 800-849-APCU (2728)INTERNET ADDRESSVisit our Home Page at http://www.apcu.come-mail: info@apcu.comIt’s Timeto OrderCheckImages onCD-ROMAPCU Loan RatesDailyAnnualApprox % Above Periodic PercentageTerm Discount Index Rate RateNew and Used Auto Loans2005 and newer 36 mos. 0.010931-0.026712 3.99%- 9.75%48 mos. 0.012329-0.027397 4.50%-10.00%60 mos. 0.013014-1.028082 4.75%-10.25%$25,000 and over 72 mos. 0.015068-0.030137 5.50%-11.00%2004 and older 48 mos. 0.017808-0.032877 6.50%-12.00%60 mos. 0.019178-0.034246 7.00%-12.50%Other Collateral Loans*48 mos. 0.017808-0.032877 6.50%-12.00%60 mos. 0.019178-0.034246 7.00%-12.50%$35,000 and over 120 mos. 0.021233-0.036301 7.75%-13.25%Share or Certificate Secured**100% of balance on deposit 2.00%Signature Loans 36 mos. 0.018904-0.042192 6.90%-15.40%48 mos. 0.020740-0.046301 7.40%-16.90%Rates are current as of September 30, 2009Partially Share Secured***75% of balance on deposit 36 mos. 2.00%50% of balance on deposit 36 mos. 1.50%25% of balance on deposit 36 mos. 1.00%75% of balance on deposit 48 mos. 2.00%50% of balance on deposit 48 mos. 1.50%25% of balance on deposit 48 mos. 1.00%*Other Collateral: Motorcycles, Personal Watercraft, Recreational Vehicles, Campers, Boats,Motor-homes, Travel Trailers, and Farm Equipment.**Share Secured: For Share Secured Loans, the Annual Percentage Rate will be the dividend rate paidon regular shares the previous quarter (Index), plus the percentage shown in the “% Above Index” columnabove. If there is an existing balance on the date of the new advance, the existing balance will be addedto the new advance and the entire amount will be at the new APR. The rates are subject to changequarterly on the 1st day of January, April, July, and October to reflect any change in the Index. Anyincrease in the APR will result in more payments of the same amount until what you owe is repaid.**Certificate Secured: For Certificate Secured Loans, the APR will be the dividend rate being paid onthe Certificate offered as security (Index), plus the percentage shown in the “% Above Index” columnabove. The Certificate must either be renewed until the advance is completely paid or be rolled over intoa share account, at which point the advance will become a Share Secured advance and be subject tothose terms. Failure to renew the Certificate or roll it over to a share account will result in default underthe plan. When the Certificate is renewed, the APR will change to reflect the new dividend rate. Anyincrease in the APR will result in more payments of the same amount until what you owe is repaid.The present APR and daily periodic rate for certificate secured advances will be disclosed on thevoucher at the time of the advance.APCU is once again offering checking account holders the opportunity topurchase a CD ROM containing the images of all the checks that have clearedthe member’s account during 2009. Check Images on CD ROM is convenientand secure. It provides a terrific space-saving way to keep track of your cancelledchecks. The CD with this valuable information will be created and delivered at theend of January 2010.The cost to purchase Check Images on CD ROM is just $21.95. Please don’t sendany money now. Your checking account will be debited once your CD ROM ismailed to you in January.To order your CD ROM, visit our Web site at WWW.APCU.COM. Click onthe Check Image on CD ROM icon. Complete the information requested andthen click on the “Submit” button. Your CD ROM will be delivered to you bymail. This offer is for a limited time only and ends November 15, 2009, sodon’t delay. Order your Check Images on CD ROM today.***Partially Share Secured: The Annual Percentage Rate will be the signature loan rate qualified forminus the discount percentage shown under the “Discount” column above.Collection Costs: You agree to pay all costs of collecting the amount you owe under this agreement,including court costs and reasonable attorney fees not in excess of 15% of the unpaid debt.Filing Fees: You may be responsible for a filing fee at the time of advance if the credit union takes asecurity interest in your collateral. The amount of the filing fee will be based upon the amount of the feerequired by state law for the credit union to obtain a lien on your property.Late Payment Fee: If Atlanta Postal Credit Union does not receive the full amount of your loanpayment within ten (10) calendar days of your payment due date, your payment will be consideredlate. You will be charged and required to pay a late payment fee of $20.00 each time yourpayment is late.Rates are subject to change at any time. Loans are made without regard to race, color, religion,sex, or national origin. Your actual rate is based on your credit history. For more detailed informationconcerning rates and disclosures, call our Main Office at (404) 768-4126 or toll-free at(800) 849-8431.ATLANTA POSTAL CREDIT UNION • THE KEY TO YOUR FINANCIAL FUTURE • THIRD QUARTER 2009*APCU Home Equity Lines of Credit, business, association, and organizational accounts are not eligible to participate ines do not earnBonus Points.Holiday ClosingDatesAPCU Visa ® Platinum Credit CardThe Card With A Big DifferenceHow many credit cards do you own?Statistfor an individual to carry several credit cards intheir billfoldto have that one particular benefit that makes it worthwhile. But wouldn’t it be niceto carry a single credit card that not only meets, but beats the benefits of other creditcards? An Atlanta Postal Credit Union Visa Platinum Credit Card is just such a card!With the APCU Visa, our members enjoy straightforward rates, easyrepayment terms, and simple fees that everyone can understand. Thereare no hidden expenses or tricks to entice cardholders to move balances,after which they are hit with outrageous financing rates.Other credit card providers offer cards with Annual Percentage Rates (APR)that can be 18%, 20%, or even higher. At APCU, our Visa Platinum CreditCard rates are low and affordable. What’s more, with an APCU Visa, you’llnever be subject to outrageous rates on balance transfers or cash advancesas with other credit card programs. With an APCU Platinum Visa, you willenjoy the same competitively low APR on all of your transactions, includingbalance transfers and cash advances.Here’s another great benefit — an APCU Visa Credit Card featuresScoreCard Rewards®, one of the best reward programs offered anywhere.With each purchase you make using your APCU Visa Credit Card, you willearn valuable Bonus Points that can be redeemed for brand name merchandise,exciting adventure trips, and airfare.*When you own an APCU Visa Platinum Credit Card, you are carrying a cardwith a big difference. We invite you to compare our terms, rates, conditions, andScoreCard Rewards program. To learn more about the many differences and benefitsof APCU’s Visa Platinum Credit Card, please call a Member Service Representativeat (404) 768-4126 or (800) 849-8431.Columbus DayMonday, October 12, 2009Veterans DayWednesday, November 11, 2009Thanksgiving DayThursday, November 26, 2009Christmas DayFriday, December 25, 2009

At Atlanta Postal Credit Union,we take pride in our heritage as acooperative financial services providerand our connection to credit unionsworldwide. On October 15, 2009,we will celebrate International CreditUnion Day along with credit unionsand their members across the globe.Credit unions provide a viablealternative to for-profit financialinstitutions for more than 170 millionmembers in 97 countries. This year’stheme is “Your Money, Your Choice,Your Credit Union”.When you join a credit union, youare a member/owner of that creditunion, not a customer. Credit unionsare not-for-profit, so any earnings arereturned to you, the member, in theform of better rates on loans andsavings, and lower or non-existentfees. While banks are driven by profitsand their decisions are made byshareholders, credit unions exist solelyfor their members.Credit unions offer their membersmuch more than financial services –they provide opportunities tocreate better lives for members andtheir families. Why not help uscelebrate International Credit UnionDay by inviting your family membersto join APCU and become part of thecredit union movement? Contact ourMember Service Department for moreinformation at (404) 768-4126 or(800) 849-8431.KeyNotes is published quarterly by AtlantaPostal Credit Union. Your comments are alwayswelcome. Please send your comments to theMarketing Dept., Atlanta Postal CU,3900 Crown Road, Atlanta, GA 30380-0001.Don DeCinque,President and CEOPresident/CEO’s MessageYour credit union –still safe and soundAs our Board members, staff and I have traveled across thecountry over the last several months, we have all been askedthe same question: How is the credit union doing during thesetough times? I want to take this opportunity to let you knowthat Atlanta Postal Credit Union is handling the financialindustry challenges very well.Does the financial turmoil that plagues the nation impact APCU? Of course it does.We have members who are struggling - good people who have fallen on hard timesand had to walk away from their homes and vehicles. The good news is that most ofour members have made provisions to repay what they owe the credit union becausethey understand the value the credit union brings to their families. As a result, we haveexperienced low delinquencies, and the reserve we maintain in anticipation of loanlosses is fully funded.Another area of impact on APCU comes from our relationship with corporate creditunions. Corporate credit unions are not “natural person” credit unions like APCU inthat they do not serve the individual financial needs of members/consumers. Corporatecredit unions are among a small number (28) of institutions that only provide services,such as liquidity, investment and payments services, to regular credit unions.Because of the nature of what they do, these corporate credit unions operate in thecapital markets and invest in the highest-rated, investment grade securities. But as withso many others, accounting rules have required them to recognize the decline in themarket value of their investments. The “unrealized” losses were significant and had aconsiderable negative impact on the capital adequacy of the corporate credit unions.So, in the spirit of the cooperative credit union system, APCU, along with other creditunions across the country, have come together to bolster the corporate credit unions bytransferring some of our capital strength to them.This move will not have any material impact on the overall stability and health of ourinstitution because of our consistent, positive financial performance over the yearswhich has allowed us to build our reserves up to meet challenges we may face. Westill maintain an extremely strong capital position which far exceeds regulatoryguidelines. However, accounting practices require us to post this expenditure throughour Statement of Income, so we will likely be reporting a negative “Transfer toUndivided Earnings” number at the end of this year.What does all this mean for our members? It’s business as usual.The same level of quality service you receive from our creditunion will continue. Our service to you is not affected. And, ofcourse, your funds in Atlanta Postal Credit Union continue to besafe and federally insured up to $250,000 by the NationalCredit Union Share Insurance Fund and backed by the fullfaith and credit of the U.S. government.Your credit union is safe and sound. APCU has been and willbe here to serve you during the good times and the tough timesahead. We want to assure you that your money is secure with us!Don’t delay!December 31, 2009 will behere before you know it.Credit Counseling and DebtRepayment Plans Can HelpDo you know who you would turn to ifyour credit card or other unsecured debtbecame unmanageable? Sure, you couldtry to deal with it yourself – or youcould turn to the experts. Unfortunately,many people do not use the assistanceavailable to them before tapping out allall other resources. And, if theroot issue of debt is not solved,consequences including high interestrates, serious credit damage, heavy fees,and bankruptcy can, and likely will occur.Seeking help from an organization thatdeals specifically with debt issues is a highlyencouraged and reasonable way for individuals toregain financial control. Credit counseling is a specialized form of personalfinance assistance. In a credit counseling session, the cause – not just the effect– of financial troubles is explored.Credit Counselors are trained professionals, experienced with helping a widespectrum of individuals. Working with the client, a counselor conductsa thorough financial analysis. After examining the assets, income, spendinghabits, and debt of the client, a workable action plan is designed. The actionplan outlines the steps the client needs to take in order to achieve their short andlong-term financial objectives.In some cases, it is determined that a debt repayment plan may be an idealway to pay unsecured debts. Such plans require a client to suspend the use of theircredit lines and make one monthly payment to the credit counseling organization,which in turn, pays the creditors. Debt repayment plans are beneficial becausemany creditors reduce or even eliminate interest rates and penalty fees.Don’t let debt rule your life. Learn how to take control of your financialfuture with BALANCE Financial Fitness Program. As a benefit of credit unionmembership, BALANCE financial counselors will help you put together aworkable, individualized spending and savings plan – at no cost to you. Tospeak to a counselor, call BALANCE at 888-456-2227, or log on towww.balancepro.net for more information.Attention Visa Credit andDebit Card Holders!Are you letting valuable ScoreCard RewardBonus Points expire?We want to remind you that ScoreCard Rewards Bonus Pointsearned prior to December 31, 2005 and not yet redeemed will expireon December 31, 2009. Once expired, these Bonus Points will nolonger be available for redemption. If you have Bonus Points scheduled toexpire, you’ll find the number of expiring points printed on your monthly VisaCredit Card statement and/or quarterly Visa Debit Card ScoreCard. With theholiday season just around the corner, why not use yourexpiring and current Bonus Points to get great gifts foreveryone on your list? Visit the ScoreCard Rewards Website, www.scorecardrewards.com, for a complete list of thename-brand merchandise, travel adventures, and airfare available.Dividend NewsAPCU paid a quarterly share dividend of 1.985%with an Annual Percentage Yield of 2.0% for thethird quarter. Dividends are compounded andcredited to your account quarterly.Dividends will be computed by applying a periodicrate to the balance in the account for each day of thedividend period. Deposits begin earning dividendson the day of deposit.If you close your share account before dividends arepaid, you will not receive the accrued dividends. Nodividends are paid on balances below $50.00 excepton youth accounts.Board of DirectorsMoses M. Spence, ChairmanRoyce L. Jackson, SecretaryKatherine S. BrownDonald A. DeCinqueDavid DisharoonRoy L. MatthewsJ.T. MiddlebrooksH. Preston MulkeyBud WilkinsonSam B. Dowdy-Director EmeritusSupervisory CommitteeH. Preston Mulkey, ChairmanRobert L. Harris, CPAHerbert W. MacNabbRoy L. MatthewsJabo PattersonCredit CommitteeKatherine S. Brown, ChairmanGeorge LamarPat LittleJ.T. MiddlebrooksRoy G. RainwaterAssets: Members:$1,998,451,443 98,973Name: Member #:D.O.B. S.S. #Address:City: County: State: Zip:Home Phone: ( ) Work Phone: ( )Purpose of Loan:Amount Requested:Approx. Term:Security Offered:You elect the following single credit disability Yes Noinsurance coverage(s): single credit life Yes NoEmployer:Address:joint credit life Yes NoCity: State: Zip:Position:Income (current):Additional Income:Source:Total Current Annual Income:Length of Employment:Debts Lender Balance PaymentMortgage/Rent2nd MortgageAutoAutoTotalPayment Options (check one): Deduct monthly from Savings Payment date requested: __________ Deduct biweekly from Savings Pay direct by mail or in person Checking CheckingI understand that the credit union will retain this application whetheror not it is approved. The credit union is authorized to check myemployment history and credit report.Signature:Loan ApplicationPlease PrintFor a mortgage application, call (770) 921-7091 or toll-free(800) 849-8436.