beeline summer 2013

O Bee Credit Union Member:

John Q Sample123 Any StreetAnytown, WA 12345-6789

3900 Cleveland Avenue, SE • Tumwater, WA 98501-4098

The PRSRT STDU.S. POSTAGEPAID OLYMPIA, WAPERMIT NO. 78

www.obee.com

This issue:O Bee Credit Union is Honored

O Bee Sponsored: Taste of Home Cooking School at the Great Wolf Lodge

About us: Maria Ferns has been a member for over 13 years. She set out to “bring back the traditional services of barbering” by creating the Olympia Barber School which trains professionals who love creative hair care services and showing how great your hair can be.

About us: Washington Cellular was started in 1988 (when cell phones first appeared) with the belief that cell phone users deserved a friendlier, higher level of customer service than the carriers were providing. We offer great pricing with no required long-term contracts and the ability to upgrade or change phones at any time without waiting for the end of a 2-year cycle.We offer “rollover minutes” and all of the billing is done right from our Olympia office (but we have customers countrywide).$500 Off

Tuition for O Bee Members

$3.00 Off Hair Cut Now Through September 1, 2013

For O Bee Credit Union Members

2747 Pacific Ave. • #A-2 • Olympia, WA 98501360.357.8250

Expires September 1, 2013

$10 Starbuck’s Gift Card

For O Bee Credit Union Members who drop by with a current cellular bill and we’ll show you

why we may be a better choice

1025 Black Lake Blvd SW • Olympia, WA 98502www.washingtoncellular.com • 360.754.2310

O Bee Credit Union Members Only Discounts

Should you ever ask for financial advice? I assumed over the years that investors or those who wanted to invest would seek advice as they deemed it necessary. I suppose I assumed this because I tend to ask a LOT OF QUESTIONS. I am known by those around me to ask a lot of questions! I believe it is important in my quest for knowledge, and I never take the position that I know everything. Therefore I, Dave Littleton, ask questions even though I have been an advisor for over 15 years, and have over 1200 clients. I may have a depth of experience, but the world changes all the time and so does the world economy. Thus, financial advice evolves along with the world. Or, at least as far as I am concerned, we advisors need to keep up!

What I used to know and think has changed along with the scars of experience.

What is my point? Recently I met with a person who asked for help with his retirement plan, and at age 58, admitted to me that he should have asked for help a long time ago, but instead he thought he SHOULD know the answers to the questions, therefore he did not meet with a financial advisor until now. He is hoping to retire in four years, and regrets never sitting down with an advisor. This person literally appeared broken and guilt ridden.

He explained that he is a reasonably smart person and usually capable of doing things on his own, or at least able to “figure it out,” to quote him. But finances and investments were not areas he took time to learn. I reassured him that he is not alone. We are surrounded by investment information today via the internet, talk shows, and speakers such as Suzie Orman. But as he pointed out, the “important money” is something he should have discussed with a professional, especially in light of the past decade and all the turmoil and losses of financial wealth. I agreed. Even though we advisors may not agree on everything, we should be able to add insight, and direction. For instance, how much do we need to retire comfortably? This is a frequent question with a moving target. How much is enough? In this case, is the 58 year old on track, or is it too late?

I asked him if I may use his story for the next Beeline article. He nodded in agreement. I thanked him for his candid discussion. I shared with him that I did not fully realize that folks may sometimes choose not to seek advice because they feel it is something they should know.

I will conclude that, as I mentioned above, asking questions and seeking advice does not suggest we need to act upon the answers, but instead, discern if it makes sense for us ... and weigh it. Otherwise, the lack of knowledge could be a permanent mistake.

David Littleton and O Bee Financial Services are available to you, the O Bee Credit Union member, to help you plan your financial future. Call 360.570.7538 to schedule a financial consultation.

Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. LPL Financial & its affiliates are not affiliated with O Bee Credit Union.

Not NCUA Insured Not Credit Union Guaranteed May Lose Value

“I’ve always been happy with O Bee. The support and information they provide are wonderful.” Maria Ferns, Olympia Barber School

Is It OK to Ask Questions?

“My father was the brewhouse foreman at the Olympia Brewery and I was a summer tour guide in my college years. O Bee has been our primary financial institution for all of our personal and business needs. We love their community involvement and the personal service that member-owners always receive:” Bob Solie, Washington Cellular

10% Off Your Purchase

For O Bee Credit Union Members4315 Harrison Ave • Olympia 98502

Open Wed through Sat, 12:00 noon to 6:30 p.m.

[email protected] • Facebook • Yelp Call in orders: 360.888.9500

About us: We are a locally owned family business and make everything ourselves. We use a 2 to 3 day process just to hand-make our own dough. Our pizza is made right in front of you and baked in our custom-made high temp wood-fired oven. Suzanne even makes the vanilla that goes into her made-from-scratch wood-fired cinnamon rolls. You can enjoy friendly conversation with your cook while you watch your pizza bake. We do it all in our mobile pizza truck located at Jay’s Farm Stand.

“I am the 6th generation in Olympia and Tumwater and my daughters are the fourth generation to be O Bee CU Members.” Randy Murray, Stone Creek Wood Fired Pizza

OLYMPIA BARBER SCHOOL WASHINGTON CELLULAR STONE CREEK WOOD FIRED PIZZA

“I am pleased to announce that O Bee’s fifth branch will be opening this fall in Yelm in the old Blockbuster building next to Safeway.

Why Yelm, you may ask?

While our new member growth has been fantastic, we also look for reasons why members leave O Bee. In particular, we noticed that our numbers in Yelm had dwindled over the years. All it took was one trip on the Yelm Highway to see why. Yelm is a bustling, vibrant community. It also has traffic issues which

have made a “quick trip to Tumwater” an oxymoron.

While we are still working through the details, the branch should be open around October. Like all of our branches it will have the warm, friendly O Bee feel – along with the free coin machine many of you love.

On another note, if you haven’t signed up for our e-mail newsletter, The Artesian Times, you are missing out. Written completely by staff it goes out approximately twice per month and has information on O Bee events, special offers and helpful articles. Periodically, we also ask for your opinion on important matters concerning the Credit Union (recently it was which debit card images you liked). If you are interested, just go to www.obee.com and click on the Join Our Email List image at the bottom.

Over the first five months of 2013, the Credit Union has set new high marks for membership and loan growth while keeping our membership satisfaction goals at new highs as well. This is due to a staff that truly cares about those we serve.

James CollinsCEO

David Littleton Financial Advisor

Yelm Branch Eliminates Traffic Jams!

Is It OK To Ask Questions?

Helpful Credit & Debit Card Information To Keep Traveling Hassle-Free

Social Security: Seven Keys to Optimizing Your Benefits

www.obee.com

James CollinsCEO

Over 1000 community members attended this exciting, jam-packed program that offered easy-to-prepare recipes. The Taste of Home Cooking School is America’s leading cooking school program. The School is a 2-hour demonstration of exciting recipes and step-by-step instructions on how to create satisfying and flavorful dishes.

Enjoy the summer recipe below…

Mushroom Bacon Turkey BurgerIngredients

1 ½ cups mushrooms

½ cup diced onions

2 tablespoon Worcestershire sauce

½ cup panko bread crumbs

1/2 teaspoon salt

1 ½ pounds ground turkey

4 bacon strips, cooked and crumbled

4 to 6 hamburger buns

Tomato slices & cheese, optional

Directions

Sauté onions in oil in a skillet over a medium heat until lightly brown. Add mushrooms and stir to mix. Sauté until mushrooms are fully cooked and liquid has evaporated. Set aside to cool.

Process the mushrooms & onions mix in a food processor until coarsely chopped.

In a large bowl, combine all ingredients and mix well. Shape into four or six patties.

Using long-handled tongs, moisten a paper towel with cooking oil and lightly coat the grill rack. Grill, covered, over medium-hot heat or broil 4 in. from the heat for 5-6 minutes on each side or until a meat thermometer reads 160° and juices run clear. Serve on buns with tomato & cheese if desired. Yield: 4-6 servings

If you are planning a vacation or even a weekend getaway to an area where you normally do not use your plastic, contact us at 360.943.0740 or 1.800.642.4014 and let us know. We use a fraud monitoring system that protects us as well as you against card fraud and here is how it works:

When you’re traveling outside your normal area, you may have experienced a debit or credit card denial or your card may have been blocked even though you had money in your account. Why did this happen? It may have been blocked by our fraud monitoring service. This service monitors all cards at O Bee Credit Union. Many members have asked how they decide if they should deny a transaction and/or block a card. There are many criteria that go into the decision process. Every transaction is looked at and scored based on the individual member’s transaction history, location of the purchase, and any previous fraud with similar transactions, to name a few. Based on the scoring and dollar amount, your transaction could be blocked and the card could also be blocked.

What can you do to prevent this inconvenience?

If you are traveling outside your normal area, let us know, we will place a note in our system that says you are traveling which will assist in keeping your cards open. Also, updating your contact information such as your cell phone number is very helpful in case the fraud monitoring center needs to reach you to check if a charge is valid or not.

In addition, if you are traveling internationally be sure to let us know which countries you are traveling to so we can ensure you have the least disruptions possible. This also gives us the chance to give you the international number for the fraud monitoring service and the international number for lost and stolen cards.

While these steps can help to prevent an inconvenience, cards can still be blocked if the fraud service center feels your card has been compromised by fraud. It is always a good idea to have a backup card or form of payment in the event your card is blocked or compromised while traveling.

Anticipated Dividend Rates

Effective April 1, 2013 Share and IRA Certificates TERM APY* 7-29 days 0.15% 90-179 days 0.15% 6 months 0.15% 1 year 0.40% 2 year 0.70% 3 year 1.00% 4 year 1.31% 5 year 1.51% Minimum required to open account and to obtain dividends: $500. A substantial penalty will be imposed for early withdrawals.

Money Market Account BALANCE APY* $1,000.00 — $2,499.99 0.10% $2,500.00 — $9,999.99 0.25% $10,000.00 + 0.30% Minimum required to open an account and earn dividends: $1,000.00

Share Accounts 0.10% to 7.52% APY* Call or check online for details

Health Savings Accounts 0.10% APY* IRA Share Accounts 0.10% APY* * Annual Percentage Yield. Dividends are earned on daily balances and are compounded and paid monthly, provided the account is open on the date dividends are credited. Dividends are paid from available earnings after required transfers to reserves at the end of a dividend period. All rates subject to change without notice. The rates and fees appearing are accurate and effective for the above accounts as of April 1, 2013 except as otherwise indicated.

Anticipated Loan Rates New & Used Auto Rate As Low As Terms up to 60 months† 2.99% APR*† Boat or RV $10,000 - $50,000 6.74% APR* Terms up to 84 months†

Green Loan Ask about our .25% rate reduction on vehicle loans that are environmentally friendly. Some restrictions apply. Call for rates and details.

Onyx Card 8.90% APR*† No annual fee

MasterCard 10.40% APR*† No annual fee

VISA Platinum 6.65% APR*† No annual fee Wall Street Prime + 3.4%

Oly Gold Card 9.25% APR*† No annual fee

* Annual Percentage Rate † Level A+ rates and terms, on approval of credit. Conditions apply.

Call the Credit Union for the details and terms of individual loans. Rates subject to change without notice.

For The Latest Loan Rates Call 360.943.0740 or toll-free at 800.642.4014 or visit us on the internet at www.obee.com

Board of Directors Jerry Murphy, Chair Prabakaran Manoharan Steve Blankenship, 1st Vice Chair Jim Geer Carolyn Caruso, 2nd Vice Chair Clifford Clark Miriam L. Bausch Wilford Saunders, Assoc. Director Phil Wayt Supervisory Committee Sonja Winkelman, Chair Martha Prestin Tina Crary Bruce Cramer Ryan Schwan

O Bee Credit Union is Honored by Thurston County for “Making a Difference in the Life of a Child”

Left to right: Cathy Wolfe (Thurston County Commissioner), Jennifer Roberts (COO, O Bee) Lee Wojnar (VP Marketing, O Bee)

A workshop to help you make the right decisionsDavid Littleton

Social Security continues to play a critical role in a retirement strategy. Is yours taking full advantage of what Social Security offers? I can help. Together, let’s rethink your retirement.I’ll share seven keys to understanding the numbers behind Social Security benefits:• Keys to help you understand the basics of Social Security, including when you should start taking benefits.• Keys that take a deeper dive into Social Security, such as working in retirement.• Finally, taking the next step at this insurance sales presentation with the Rethinking Retirement tools.

Space is limited, so call me today to register.David LittletonVice President, O Bee Financial Services, LPL Financial Advisor360.570.7538Allianz Life Insurance Company of New York Allianz Life Insurance Company of North AmericaEvery situation is unique and no one strategy or product can assure optimal financial success. Always consider your needs, goals, and objectives when making a decision.This presentation is designed to provide general information on the subjects covered. Pursuant to IRS Circular 230, it is not, however intended to provide specific legal or tax advice and cannot be used to avoid tax penalties or to promote, market, or recommend any tax plan or arrangement. Please note that Allianz companies, their affiliates, and their representatives and employees do not give legal or tax advice. You are encouraged to consult your tax advisor or attorney.Products are issued by Allianz Life Insurance Company of North America, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. www.allianzlife.com. In New York, products are issued by Allianz Life Insurance Company of New York, One Chase Manhattan Plaza, 38th Floor, New York, NY 10005-1423. www.allianzlife.com/newyork/. Only Allianz Life Insurance Company of New York is authorized to offer annuities and life insurance in the state of New York. Variable products are distributed by their affiliates, Allianz Life Financial Services, LLC, member FINRA, 5701 Golden Hills Drive, Minneapolis, MN 55416-1297. www.allianzlife.com.Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. LPL Financial & its affiliates are not affiliated with O Bee Credit Union. The listed companies are not affiliated with the Allianz companies.

Rethinking Retirement Date & Time: October 1, 2013 • 6:00 PM Place: Water Street Cafe 610 Water St, Olympia, WA

What is Going on with Rates?Over the past few weeks, we have seen rates on the 30-year fixed jump from around 3.375% to 3.875–4.125% depending on the loan chosen.

The jump in the rate was caused primarily by two factors: Federal Reserve chairman Ben Bernanke hinted last week that the Fed may begin tapering its “quantitative easing” policies sooner than many

imagined. This means they may not be buying as much of the Mortgage Backed Securities as they have been which is generally

bad for rates. There also seems to be a general sense that the economy is getting better, also generally bad for rates.

The common reaction to rising mortgage rates is worry and concern, But it is important to keep perspective. Mortgage rates are rising from historically low levels. The recent jump in rates simply brings them back to where they were less than a year ago. In context of the last

30 years, this rise is barely noticeable, take a look at this chart below that starts in 1976 and ends now.

Purchase deals make great sense at these low rates especially when combined with the low prices that still exist. A refi can also still make sense and we are happy to run the numbers for you to be sure

so give us a call today, we can help!

Not FDIC Insured Not NCUA Insured Not Credit Union Guaranteed May Lose Value

1 ½ cups mushrooms

½ cup diced onions

1/2 teaspoon salt

Directions

1 ½ cups mushrooms

½ cup diced onions

1/2 teaspoon salt

Directions

www.obee.com

James CollinsCEO

beeline summer 2013

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