Exchangethe SUMMER 2020

Additional Coverages Now Available For Your TRUSTAGE POLICY

As a free benefit, BFCU offers members $3,000 of Accidental Death and Dismemberment (AD&D) coverage through TruStage Insurance Agency, LLC – at NO COST. Just sign up in minutes online at bosfirecu.com.

Members can also purchase additional amounts of coverage with no health questions and no medical exam needed. This now includes options for Cancer Coverage or Cancer Heart Attack & Stroke Coverage. This coverage pays a benefit to you or your beneficiaries after a covered diagnosis and can be used for any purpose to help relieve financial stress while you focus on getting well.

Your health and welfare are important to us! We want to do everything we can to help you feel confident that you and your family will be taken care of in the event of one of these illnesses. Enroll today at www.TruStage.com/ADD.

TruStage® AD& D insurance is made available through TruStage Insurance Agency, LLC and issued by CMFG Life Insurance Company. Not a deposit, and is not federally insured, sold or guaranteed by Boston Firefighters Credit Union. BFCU is not a licensed insurance representative.

Cancer. Heart Attack. Stroke. Be Protected!

Your health and welfare

are important to us!

President’s Message

John B. Winne, President and CEO

Just three months ago, I wrote this column on St. Patrick’s Day and spoke about the beginning of the “State of Emergency” and I questioned how long it would last and when we would return to normal. I think that it is safe to say that the Pandemic and ensuing State of Emergency has been longer, deeper and far more damaging to our national economy than any of us could have imagined on March 17. As many of you are aware, BFCU needed to adapt to the Covid-19 world and we did so to the best of our ability. For two months, we adapted, we changed procedures and we figured things out on the fly. Yet, we never missed a beat in providing quality service to our members. I want to thank our employees who learned how to work remotely but especially our employees who came to Hallet St. each day to make sure that our members were properly served. They became true “financial first responders”. Since Memorial Day, we have re-opened our branches and have invited our members back, of course with proper social distancing. The long-term economic effects of the virus and ensuing state of emergency are still very much unknown. Many people and businesses have been deeply hurt and some may not recover. Our primary task of helping first responders and their families to achieve financial success will without doubt become more challenging. In the midst of the pandemic, our nation also was faced with the senseless murder of George Floyd at the hands of four Minneapolis Police Officers. This has triggered protests across the country and while most have been peaceful demonstrations, a few, including one in our city turned violent. What happened on the street in Minnesota is wrong. Those responsible need to be brought to justice and they will be. Damaging property and stealing from merchants who were already suffering greatly due to the state of emergency and forced closing of their businesses is not the solution to the problem. I learned a great number of years ago that two wrongs do not make a right. Those that have marched and made their opinions known in certain but non-violent ways, have demonstrated once again how great our country can be. They have challenged the status quo, demanded change and make no mistake they have been heard. The pendulum of public opinion, however, has swung wildly toward a national anti-police movement including calls for de-funding and even eliminating police departments across the country. Our affiliation with the Boston Police Department and the Massachusetts State Police is still new but our team has had the opportunity to meet many fine men and women who wear these uniforms. The Boston Police Department, under the stellar leadership of Commissioner Gross has enjoyed much success with their community policing model and is being looked at as an example of how other communities can change their practices. Bostonians can be proud of the Commissioner, his leadership team and the men and women who wear the uniform of the BPD. We are also privileged to work with the men and women of Boston Fire Department and Boston EMS who have done tremendous work as true first responders against the pandemic. Congratulations to Fire Commissioner Dempsey who took the position at the outset of the crisis and has guided his department with precision. Summer is upon us and life has certainly changed. The effects of Covid-19 will, unfortunately, be with us for some time (probably until there is a vaccine or cure). The protests of the Black Lives Matter movement are hopefully the beginning of a society where the same rights and privilege belong to all Americans and where all men and women will be looked at and judged by their character and not by the color of their skin. Antiracism means recognizing the challenges caused by policies that hurt minority and under-served population groups and more importantly doing something to change those policies. We need to do our part, starting now.

Annual Meeting Moved to Wednesday, September 16th

10:00am at Florian Hall

Scholarship Deadline EXTENDED! With the postponement of our Annual Meeting, there’s still time to apply for one of our 2020 Scholarship Awards.

4 Opportunities Available:

(2) $5,000 college awards

(2) $1,000 high school awards

Get your applications online at bosfirecu.com. Submission deadline is Friday, August 28, 2020.

Looking to talk to an Eastern Insurance Rep for Auto or Home Insurance questions? They’re ready for you! Currently working remotely, your reps can be reached by phone or email:

Your Easy-To-Reach Eastern Insurance Reps

Use these great services to bank with us – wherever you are!

Mobile App Deposit checks, see accounts & transactions, pay bills, find free ATMs & more! Just enroll in online banking at bosfirecu.com and download the app to your mobile device.

iOpen Open checking and savings accounts from BFCU online banking. You can even customize savings account names for specific saving goals!

Bill Pay Social distance from your checkbook! Just enroll in online banking to get started. If you’re already on – you’re ready to go!

Apple Pay No more searching through wallets or handbags! Just add your BFCU debit and credit cards to your Apple Wallet, then pay by touching your phone and nothing else!

Zelle Forget those payment apps. Use Zelle to send money to anyone’s email or mobile phone right from your BFCU account.

Doing All Your Banking at BFCU is SUPER-EASY, Too!

Chris Madden Phone: 508-620-3384 Email: jmadden@easterninsurance.com

Ann Brogan Phone: 508-660-8484 Email: abrogan@easterninsurance.com

Liz Balestra Phone: 781-261-2183 Email - ebalestra@easterninsurance.com

Member Services:

Consumer Loan Interest Rates

Loan Type APR*

Auto (new or used) as low as 2.99%

Personal as low as 7.99%

Tuition 6.99%**

VISA® Platinum Credit Card 9.90%

Locations & Hours: Main Branch 60 Hallet Street, Dorchester, MA 02124 (Located across from Florian Hall)

Monday, Tuesday, Wednesday and Friday 8:30a to 3:30p Thursday 8:30a to 7:00p Saturday 8:30a to 12:30p

West Roxbury Branch 2029 Centre Street, West Roxbury, MA 02132 (Located at the intersection of Centre St and Lagrange St)

Monday, Tuesday, Wednesday and Thursday 10:00a to 5:00p Friday 8:30a to 5:00p Saturday 8:30a to 12:30p

Main Phone: 617.288.2420

The Hot Line: 800.552.4379

Lost VISA Card: 866.820.5839

Lost MasterMoney Card: 800.264.5578

1st Floor Fax: 857.220.2158

2nd Floor Fax: 617.288.8750

You can also text us at 617-288-BFCU (2328)

*APR = Annual Percentage Rate. Rates reflect a .50% discount for automatic payments from your BFCU account. Rate may vary based on terms and individual credit scores. **This rate does not apply to the Student Choice private loan.

Daniel Magoon, District 3, Gr. 2 – ChairmanKevin Meehan, E-7, Gr. 1 – ClerkSean P. Costello, L-19, Gr. 2 – Vice ChairmanJoseph Finn, Fire Commissioner/Chief Retired – Treasurer

Contact Numbers:

DEPOSITS Free Checking IRAs & IRA CDs eChecking All Purpose Club Regular Savings Christmas Club Money Market Accounts Jake Jr. Account CDs HS/College Student Accounts

REAL ESTATE LOANS Mortgages Home Equity Lines of Credit

PERSONAL LOANS Unsecured Holiday Vacation Line Of Credit Tuition Share Secured

CONSUMER LOANS Automobile/Motorcycle Loans Boat VISA® Credit Card

eSERVICES Mobile/Text Banking* Mobile/Remote Check Deposits* Direct Deposit Online Banking Bill Pay eStatements Debit Card Apple Pay

SERVICES Surcharge Free ATM Networks Shared Branching Payroll Deduction Wire Transfers Finance Works Pre-Authorized Payments Property & Casualty Insurance#

BFCU Financial Advisors+ 24 Hour Hotline Notary VISA® Gift Cards Extended Car Warranties GAP Insurance

Federally Insured by NCUA Equal Opportunity Lender

*Carrier Fees May Apply #Eastern Insurance products are not federally insured by NCUA

EQUAL HOUSINGOPPORTUNITY

+Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.

Saturday, July 4th Independence Day

Monday, September 7th Labor Day

Monday, October 12th Columbus Day

Simple and Honest Banking for First Responders

Charles M. Buchanan, Jr., E-24 – RetiredChristopher Burke, Car 8, Gr. 2Joseph Casper, District 3, Gr. 2Daniel Dowling, MA State PoliceRalph Dowling, FAO, Gr. 1Sean O’Brien, L-7, Gr. 3Billy O’Sullivan, L-23, Gr. 1Joseph Quinn, E-16, Gr. 2Marc Sanders, E-7, Gr. 4John Soares, L-7, Gr. 4Edmund Street, L-18, Retired

Board of Directors

Holiday Closings