2018 Summer Newsletter

The roads can keep their rage.Blue is putting you in the positive.

Insured by the NCUA

Blue Foundation Scholarship in Memory of Myrtle Knight recipientsThe Blue Foundation is pleased to announce its 2018 scholarship recipients. Each year, the Foundation awards six $2,000 scholarships in memory of Myrtle Knight. To be eligible for our scholarships, applicants must be members of Blue with a Share Savings account in their own name and planning on attending an accredited school of higher learning in the next school year. Congratulations to this year’s winners, we wish you luck in your future education!

Bridger BogusGraduated: Central High School Cheyenne, WYAttending: University of Wyoming

Brenden Garcia Graduated: CEC Early College of Denver Denver, CO Attending: University of Colorado Boulder

Christian MoncriefGraduated: Central High School Cheyenne, WYAttending: University of Wyoming

Klara OligschlaegerGraduated: East High School Cheyenne, WYAttending: Laramie County Community College

Kyle KruegerGraduated: Prospect Ridge Academy High School Broomfield, COAttending: University of South Florida

Veronica PetrilloGraduated: Standley Lake High School Westminster, COAttending: Colorado State University

Shirley Howard/Blue Foundation Scholarship recipientWe are also pleased to announce the 2018 recipient of the $500 Shirley Howard/Blue Foundation Scholarship. To be eligible for this scholarship, applicants must be members of Blue Federal Credit Union with a Share Savings account in their own name and attending Laramie County Community College.

Nicholas WoodCheyenne, WY Attending: Laramie County Community College

Be smart with your securityWhat is Information Security and why is it critical at Blue? Information Security (InfoSec) is the practice of protecting both physical and digital information. Since the majority of information at Blue belongs to our members, we consider you and your information as our most valuable asset. Blue’s IT and Risk Management Department work hard to protect all our members’ financial information in both physical and digital forms. We are vigilant in protecting your personal information within our systems, but how are you protected outside of Blue? Cybercriminals want your Personally Identifiable Information (PII) so they can create a duplication of your identity to commit fraud and sell your PII to other cybercriminals on the dark web. The National Credit Union Association's (NCUA), definition of PII is: member information (member’s name, address, or telephone number) in conjunction with any other information that would allow access to the members’ account including your social security number, driver’s license number, account number, credit/debit card number, personal identification number (PIN), or password. We want to leave you with some simple, but effective, online security practices that if performed consistently, may dramatically reduce the chances that the information on your computer will be lost or corrupted:• Only connect to secure networks and don’t use free Wi-Fi

to access your online accounts.• Keep all of your personal electronic device software

current with the manufacturer's issued updates and patches.

• Be suspicious of unexpected emails and attachments, and don’t open them.

• Use strong and unique passwords for each login. Consider using a combination of numbers, key board symbols, and both lower and upper case letters.

• Passphrases are more secure; you can create a passphrase by grouping four or more random words together and use it as your password. The longer the better!

• Do not use passwords based on personal information such as: your birthday, SSN, phone number, or family member names. Do not use simple passwords such as “qwerty”, “123456” or “password”.

Invest with confidenceThere is an advantage to working with someone who knows you personally. Our CFS* advisors live here, work here and raise their families right alongside our members in Wyoming and Colorado. We still believe in face-to-face meetings with a handshake, because confidence is the most important piece of our business. Get to know our financial advisors at Investments at Blue through CUSO Financial Services, L.P. (“CFS”)* and let them help you achieve your specific goals.

We recognize investing is complex and we will help you build a network of Portfolio Managers, Attorneys, Estate Planners, and Accountants to help drive your long term success. We’ll be here for you, for life.Please call Jennifer Keilen at 1-307-432-5370 to schedule your no-obligation appointment.*Non-deposit investment products and ser vices are offered through CUSO Financial Ser vices, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The credit union has contracted with CFS to make non-deposit investment products and ser vices available to credit union members.

Experience improvements at BlueIn continuing efforts to improve our members' experience, Blue has engaged a team of Master of Business Administration (MBA) students from the University of Wyoming (UW) to conduct a comprehensive analysis of all our products and services. Though not yet complete, this marks a significant milestone in building a better experience at Blue. Complementing our partnership with UW, several improvements identified by staff and members have been recently completed as well. These include: • Incorporating self-serve travel and dispute notifications for

all credit cards in online banking.• Adding self-service loan payoff requests to online banking.• Improving telephone access with a password

authentication campaign and enhanced call tree.• Updated local branch contact information on our website.• Streamlining access to English-language translation

services.Several more projects are still underway and improvement recommendations are always welcome. These can be made by visiting bluefcu.com/suggestions or drop your ideas into any of our suggestion boxes located in all our branch lobbies. Thank you for the opportunity to meet your financial needs and we look forward serving you in the future!

Stay cool and get ready for your home purchase this summerThe First Mortgage team at Blue is excited that summer is finally here! The weather is beautiful outside, and the sunshine has brought a peak to house-hunting season. What a perfect time to consider buying your new home or refinancing your current one. You can take cash out and dust off those winter blues with home improvements or even go on that vacation you’ve been thinking about.Fifteen and 30-year interest rates are still low with a 15-year just over 4.00% Annual Percentage Rate as of June 1, 2018. Blue offers Conventional, FHA, VA, USDA, WCDA and other loan programs tailored to meet your needs.It can sometimes be overwhelming when you’re starting your home search. Allow our knowledgeable mortgage loan experts to help simplify the process and tailor a mortgage loan to fit your needs. We have loan officers ready to help in Colorado and Wyoming so visit us online at bluefcu.com/mortgage or call us at 1-303-243-5497 to set up an appointment to get pre-qualified.We want to thank you for your business and look forward to speaking with you soon!

Michael BrannonInvestment Advisor CUSO Financial Services, L.P.

Donna CreightonInvestment Advisor CUSO Financial Services, L.P.

Daniel HancockInvestment Advisor CUSO Financial Services, L.P.

Membership Appreciation BBQsBroomfield Membership Appreciation BBQ Saturday, July 14 - 3:00 to 5:30 p.m.Broomfield Commons Park Pavilion 13200 Sheridan Blvd., Broomfield, COLaramie Membership Appreciation BBQThursday, August 30 - 5:00 to 7:00 p.m. Laramie branch, 2405 Grand Avenue, Ste. FFort Collins | Wellington Member Appreciation BBQThursday, September 13 – 5:30 to 7:30 p.m.Drake & Timberline branch2261 E Drake Rd., Fort Collins, CO

Summer Movie in the ParkSaturday, July 14 - The Jungle Book (PG)Movie begins at duskBroomfield Commons Park – 13200 Sheridan Blvd., BroomfieldRight after our Broomfield Membership Appreciation BBQ, join us for a FREE showing of the 2016 motion picture, The Jungle Book. Bring your blanket, lawn chairs and snacks!

17th Annual Blue Foundation Golf Tournament For the benefit of United Way of Laramie CountyFriday, August 10 Shotgun starts: 8:00 a.m. & 1:00 p.m.F.E. Warren Air Force Base Golf Course – Cheyenne, WYIf you are interested in golfing in this four-person scramble, we have slots available. A team of four is $500 and individual golfers can play for $125 each. Ask us about our military discount! Sponsorship opportunities are also available. Fee includes green fees and cart, lunch and a chance at winning great raffle prizes. This year, we’ll also be giving golfers a chance to win up to $5,000 with our first annual Golf Ball Drop 50/50 Raffle where we’ll be dropping up to 1,000 golf balls from a 100 foot construction crane provided by our sponsor, Reiman Corp. To register for a team, purchase your ball drop raffle ticket or to become a sponsor, visit bluefcu.com/golf, contact Jayden Clark at 1-307-432-5409, or email her at jayden.clark@bluefcu.com.

Creekside Movie in the Park (formerly Cult Classics)Friday, September 7“The Green” at Boulder’s new Civic Park 1777 Broadway, Boulder, COJoin us for a FREE showing of the The Goonies (PG) with live music, food vendors and local craft beer*. Bring your blanket and lawn chairs. Movie starts at dusk. For more information and details, please visit bluefcu.com/events.*Must be 21 years or older to consume alcohol.

Prime Time ClubPrime Time Club is for our members age 50 and finer. Please join us for our next quarterly meeting, movies and other activities. For more information visit bluefcu.com/primetime.IMPORTANT REMINDER No Prime Time Movie Day in July or AugustAs an important reminder to our friends of Prime Time, Movie Day will not take place in July or August this summer due to construction at Capitol Theaters in Cheyenne. Prime Time Movie Day will resume the first Thursday of each month starting in September 2018. Movies are held at 9:00 a.m. and an email of movie choices will be sent to folks who have provided email addresses. If you’d like to be added to the movie list, please contact businessdevelopment@bluefcu.com. See you soon!Potluck / Picnic / Quarterly MeetingThursday, July 11 – 11:00 a.m. to 1:00 p.m. Lions Park North Shelter by the pool 4603 Lions Park Dr., Cheyenne, WYWe'll be playing bingo for a chance to win cash! We will also provide fried chicken tenders and drinks, and we ask attendees to please provide a side dish for the potluck.

C A L E N D A R O F E V E N T S

Holiday Hours | Branch ClosuresIndependence Day – Wednesday, July 4 All branches are closed

Cheyenne Heritage Day – Wednesday, July 25All Cheyenne locations will be closed all day. All other branches will be open.

Labor Day – Monday, September 3All branches are closedMembers are able to access their accounts 24/7 on these holidays through our Contact Center at 1-800-368-9328, ATMs and online banking at bluefcu.com or by calling the automated telephone banking system at 1-877-703-7284. Try out our mobile app for iPhone and Android!

* Annual percentage yield effective 6/01/2018. $2,000 minimum deposit for IRAs and term share certificates & $5,000 minimum deposit for business term share certificates. Rates subject to change. New money only. Rewards for Life rate bonus cannot be used in combination with promotional rate. Early withdrawal penalties apply. Available for a limited time. Membership is easy, just ask. Insured by NCUA.

2.40%APY*

22- M O N T H T E R M S H A R E

Stop paying interest and start living!We all take unique paths that help us get the most out of our money. However, without even blinking an eye, years pass by and we continue to pay a significant amount of interest on our mortgage loans. Owning your home can be the most rewarding experience in your life, but did you know that the interest you’ll pay on a 30-year loan could amount to almost half the amount you'll pay for the life of the loan? That’s why Blue offers a special product called a “Finish Line Mortgage” to help our members reach their goal of becoming debt-free faster.Unlike a standard first mortgage, this special product cannot be found at most banks or credit unions. Blue’s Finish Line Mortgage offers members the ability to pay down their outstanding mortgage balance more aggressively in order to finish paying off their mortgage sooner. So, what’s the benefit of paying more each month? Paying a little more now can save you tens, sometimes hundreds, of thousands of dollars in interest. Check out the example tables below for monthly payment comparison on a Finish Line Mortgage vs. a First Mortgage – the savings on interest is astounding!

With low closing costs and up to a 180 month special term*, you can use the equity you already have in your home and bring over other high interest debt for one monthly payment. If that sounds a little bit like refinancing or taking a home equity loan out on your home, there are actually several key differences that make a Finish Line Mortgage from Blue unique, including:• Choose from 120 to a 180 month term – much shorter

than your standard refinance.• Closing costs are typically far lower than a refinance.• A fixed rate as low as 3.99% APR* means you don’t have

to “lock in” your rate like you would a refinance.• If you feel like you missed the ‘refinance boom’, this

product could earn you a much lower rate than what you’re paying on your mortgage – especially if it’s over 15 years old.

• Blue acquires your current mortgage and becomes the 1st position lienholder, meaning we won’t sell your loan to a larger national lender.

• A Finish Line Mortgage & balance could earn you up to 4 Rewards for Life points!

There are also some important factors to consider when you’re choosing a Finish Line Mortgage:• Your payments will usually be higher, but remember –

you’ll pay much less in interest during the life of your loan. We can show you what the payment difference would be before you make a decision.

• This account does not come with an escrow, so ask us how you can create a savings plan to pay for your annual taxes and home insurance.

Looking at a different mortgage option on your home can be scary, but in many cases, the time and effort could save you more money than you ever thought possible. Stop into any of our branches in Colorado or Wyoming and we’ll help walk you through the process. You can also visit us online at bluefcu.com/finishline to set up an appointment or give us a call at 1-800-368-9328 to get started!

* Rates as low as 3.99% Annual Percentage Rate can be achieved based on credit score and term. Loan amount between $10,000 - $400,000. First payment due within 30 days of disbursement, fixed due date thereafter. Rates subject to change. Max. 80% LTV, non-owner occupied and home purchase originations are not eligible. Closing costs & originations charges based on current pricing plus all other costs (title, flood, filing, appraisal, etc.) No escrow. Promotional loan term between 120 – 180 months is available until December 31, 2018.

Accelerating your existing balanceLoan Type Finish Line First MortgageBalance $100,000 $100,000Interest Rate 3.99% APR* 3.99% APR*

Term 120 months 360 monthsPayment Amount $1,012 $435Principal Paid $100,000 $100,000Interest Paid $21,458 $56,723

Difference in payment: $577/monthDifference in interest paid: $35,265

Adding balance at a different rateLoan Type Finish Line First MortgageBalance $250,000 $160,000Interest Rate 3.99% APR* 5.25% APR*

Term 120 months 360 monthsPayment Amount $2,530 $884Principal Paid $250,000 $160,000Interest Paid $53,661 $158,237

Difference in payment: $1,646/monthDifference in interest paid:$104,576The examples above are for demonstration purposes only. Actual rate, payment and total interest paid may vary.

Long-time board member, Leon Oenes, announces retirement

It is with a bittersweet and fond farewell that we announce that long-time board member, Leon Oenes, has retired from the Blue Federal Credit Union Board of Directors on June 30, 2018. Oenes is honored for his strong, thoughtful leadership and dedicated service to Blue. He served on our board for 32 years overseeing mergers and major changes across the credit union.

Leon has had an immeasurable impact at Blue. While serving for over three decades on the Board, including seven combined years as Chairman, the credit union grew to more than 79,000 members, nearly $1 billion in assets, and 13 branches in Colorado and Wyoming. We’re pleased to share Oene’s historic impact at Blue since 1985.• 1985 – Joined Rocky Flats Credit Union Board of

Directors• 1987 – Oenes is assigned a special project to investigate

credit card offerings• 1988 – Assisted in overseeing name change to Rocky

Flats Broomfield Credit Union

• 1992 – Assisted in second name change to Community Financial Credit Union

• 1993 – Became the new Chairman of the Board (1st appointment)

• 2011 – Became the new Chairman of the Board (2nd appointment)

• 2014 – Boulder Municipal merges with CFCU• 2015 – Worked towards successful merger with Warren

Federal Credit Union• 2016 – The combined organizations become Blue

Federal Credit Union• 2015-2017 – Served as Vice Chairman for the Board

of Directors• 2018 – After 32 years and 9 months of service, Oenes

announces retirement from the Blue Federal Credit Union Board of Directors

Leon's steadfast commitment to guide Blue on important decisions was based solely on what was best for our members. His leadership and clear vision for the future of Blue Federal Credit Union will be his lasting legacy for generations to come. We wish you well in all your endeavors, Leon, and thank you for your leadership at Blue!

YOUR JOURNEY IS WAITING

take a step closer with a personal loan

*Annual Percentage Rate. Fixed rates as low as 7.99% and are subject to approval based on credit-worthiness, gross income and amount requested. Offered rates are subject to change without notice. Flexible repayment terms are available.

1-800-368-9328 | bluefcu.com/cash

Blue offers a fixed-rate personal loan that you can use for whatever you need. Use it to pay off high interest credit cards, take that summer vacation, or even finance your medical or dental expenses.