July 2020

-Federal Credit Union-

“SIMPLIFIED BANKING”

Board of Directors

Margeaux Webb, President

Roger Turner, Vice President

Art Olmos, Secretary

Ray Davis

Sydney Ryan

Jack Vanderlans

Supervisory Committee

Lynn Stroh, Supervisor Chair

Janet Davis

Art Olmos

Management Liz Maynard, CEO

Mandy Rodriguez,

Tienda Branch Manager

Amanda S. Villanueva,

Trinity Branch Manager

Credit Union Hours

Monday through Thursday

Lobby 9:30 AM to 5:00 PM

Friday

Lobby 9:30 AM to 5:30 PM

Trinity Br. Pho: (209) 938-1088

Tienda Br. Pho: (209) 333-5424

PAT: (209) 333-5422

Website:

www.mokelumnefcu.com

NMLS (ID Number) 1371525

made even simpler with

Simplified Banking MyBanking Electronic Services

Stay Connected 24/7

• Deposit Checks Remotely

• Restrict Misplaced Debit Cards

• Check Your Balances

• Transfer Funds

• Pay Bills and more!

Visit one of our two convenient locations and sign up for our FREE MyBanking Bundle

today! Account restrictions apply. See a Member Service Representative for full details.

WE LOVE REFERRALS!

Refer friends and family to open a qualifying Checking

Account or Auto Loan with Mokelumne Federal Credit Union

and receive $25.00 for both you and each person you refer!

There is no limit to the number of referral credits one member

can receive. Restrictions do apply. Visit a branch location

nearest you for full details.

The Vehicle You Want

At a Rate You’ll Love

*APR=Annual Percentage Rate. ** Loan terms and percentage of

financing subject to your individual credit approval. Some

restrictions apply. Payment example: $1000 financed at 2.99%

APR for 12 months would result in an approximate monthly

payment of $84.69, with a total repayment of $1016.28.

If you’re in the market for a New or Used Vehicle, let MFCU’s competitive loan rates help get you into the car of your dreams for a payment you can afford!

• Rates as low as 2.99% APR*

• Terms up to 84 months with 100% financing available**

• Pre-Approvals available for worry-free shopping

Speak with a Loan Representative today or apply online at www.mokelumnefcu.com.

Page 2

Check Scams on the Rise

For many people, receiving an

extra $2000 in the mail seems

like a dream come true, right? But

members should beware!

According to the Federal Trade

Commission, fake check scams have

significantly increased over the last

five years. Fraudsters are creative in

their ways to make the scam look and

feel as legitimate as possible. Often

disguised as a fake job opportunity or

even lottery winnings, the check is sent

with detailed instructions for you to

cash it at your local bank and either

wire or mail a portion of the funds

directly to them, keeping the remainder

of the check for yourself. By law,

banks have to make deposited funds

available quickly- you’ll usually see

the money in your account within a

day or two. But it may take weeks for

your bank to learn the check was bad.

By that time, the scammer has the

money you sent and you’re stuck

paying the bank back for the entire

balance.

Mokelumne is aware of these types of

scams and we are here to help you

identify when an unexpected check

may be fraud. Simply bring the check

to the credit union, along with any

letter or envelope it was mailed with,

and we will do our best to determine the

check’s validity and help with your

next course of action.

Thank you to all who voted

Mokelumne FCU

BEST CREDIT

UNION of Lodi, 2020.

MFCU WILL BE

CLOSED

Monday,

September 7th

In Observance of

Labor Day

In the next Newsletter

• Annual Shred Event

• Christmas Loan Info & Application

Mokelumne Federal Credit Union would like to make you aware, if your account has not experienced activity for at least three years, it is classified as dormant or inactive. Dormant / inactive accounts are subject to a $5.00 per

month fee. You may easily reactivate your account and avoid this fee by making a transaction to your account.

State law requires account balances be surrendered or escheated to the State of California if the owner has

not generated account activity within three years.

To avoid this, we encourage you to take action as soon as possible. Please contact a branch nearest you to assist in protecting your funds.

Dormant Accounts

Accounts with no activity for three

years are classified as dormant