Member Matters

July 2015

Our Mission: Serving members with convenient financial services and a smile they can trust.

EQUAL OPPORTUNITYLENDER

Bank where you belong.

1000 Lisbon Street · Lewiston, ME 04240836 Center Street · Auburn, ME 04210

207-783-1475www.centralmainecu.com

Credit Union ClosingsSaturday, July 4 Independence DayMonday, September 7 ]Labor DayMonday, October 12 Columbus DayWednesday, November 11 Veterans DayThursday, November 26 ThanksgivingFriday, December 25 Saturday, December 26 ChristmasFriday, January 1 New Year’s Day

DOMINIC ROUX SCHOLARSHIP RECIPIENTKeerie Auld has been awarded Central Maine Credit Union’s 2015 scholarship. She will be attending Rhode Island College in Providence, RI, majoring in pre-veterinary medicine. Good luck, Keerie!

SUMMER VACATION: A GREAT TIME TO ENJOY YOUR NEW VEHICLE

Term Interest Rate Monthly Payments**

36 months 1.25%* $28.34

48 months 1.75%* $21.60

60 months 1.95%* $17.52

72 months 2.20%* $14.84

*Annual Percentage Rate for eligible borrowers with qualified collateral on new untitled vehicles. No motorcycles or recreational vehicles. No internal refinancing. No rate discounts available on these rates. Other rates and terms available. The rate may vary depending on each individual’s credit history and underwriting factors. All credit union loan programs, rates, terms and conditions are subject to change anytime without notice. Please speak with one of our Financial Services Representatives for details. **Monthly payments per $1,000 borrowed.

CENTRAL MAINE CREDIT UNION RECEIVES INDUSTRY AWARDS

Your credit union is proud to announce that we were the recipient of four awards at the recent Maine Credit Union League Annual Meeting.

We won a first place Desjardins Youth Financial Education Award and a first place Desjardins Adult Financial Education Award. These awards recognize leadership within the credit union movement on behalf of financial literacy. We received these awards for our “Money Mondays” seminars for teens and adults.

We won a second place Louise Herring Philosophy in Action Award for our Monty Moose Program.

We won a second place Dora Maxwell Award for Outstanding Community Service for our “Books for Kids” Program, which promotes literacy by donating books to Androscoggin County public schools.

This is our thirteenth consecutive year of winning these awards! We are proud to serve our members and our community.

FIXED RATE HOME EQUITY LINE OF CREDIT

Did you know you can use the equity in your home to upgrade your kitchen? Remodel your bath? Add a room? Put in a pool? Take a vacation? Buy a new car? Pay for college?

Get it done with our Fixed Rate Home Equity Line of Credit as low as 2.50% APR*

*Annual Percentage Rate effective June 1, 2015, for eligible borrowers with qualified collateral. The rate may vary depending on each individual’s credit history and underwriting factors. Term of 60 months. Maximum loan-to-value of 65%. Closing costs and other restrictions may apply. Proof of property or hazard insurance is required. Other rates and terms available. All Credit Union loan programs, rates, terms and conditions are subject to change at anytime without notice. Please speak with one of our Financial Services Representatives for details. Membership eligibility required.

DON’T HAVE A RETIREMENT PLAN? START ONE!If you work for a small company, you’re probably on your own in saving for retirement. But don’t let that stop you! We can help you start a retirement savings plan of your own that has many advantages of an employer-sponsored 401(k). Begin by opening an IRA with us and let us help you get your retirement plan rolling.

SUMMER READING GRANT Central Maine Credit Union has awarded its 2015 Summer Reading Grant to the Minot Con-solidated School Library. The grant is awarded to programs that encourage reading by children dur-ing the summer months. The application is open to all public and school libraries in Androscoggin County. This grant will enable the Minot Consoli-dated School Library to purchase quality books for the children to select at the end of their summer reading program.

LOVE MY CREDIT UNION REWARDSLove your savings, love your car

Everyone loves getting a new car, but no one likes paying too much for it. In addition to our low loan rates on cars, Central Maine Credit Union is also happy to offer you Love My Credit Union Rewards to help you save even more.

Here are just some of the valuable discounts members receive on products and services you use every day:

• Receive discounted pricing on most new Chevy, Buick, and GMC vehicles with the Credit Union Member Discount from GM.

• Get roadside assistance protection and more at up to 50% off other popular plans with Credit Union Auto Club.

To find out more about how to save on your car and learn about other valuable discounts, visit LoveMyCreditUnion.org. There, you’ll find all the program details and the most current list of offers. And you’ll get all these offers and discounts just for being a member of Central Maine Credit Union.

MONEY MONDAYSCentral Maine Credit Union is offering free educational sessions on Mondays in July and August for teens and adults. The sessions will last less than an hour and will be presented by Credit Union staff. Everyone who attends one of our Money Monday sessions will be entered into a drawing to win a $100 Visa Gift Card!

Sign up for any or all sessions by calling 783-1475 or email douellette1@centralmainecu.com.

PRIVATE STUDENT LOANSWith the escalating cost of tuition, Central Maine Federal Credit Union provides students and families with a product to assist them with funding higher education when federal options are exhausted. Our Private Student Loan can help pay for all qualified educa-tion expenses, including tuition, room and board, books and computers.

For recent college graduates currently faced with high interest private student loan debt, we also offer a consolidation and refinancing solution. Our Private Student Loan Consolidation combines loans from multiple lend-ers into one easy payment to reduce the chance of a missed or late payment. This refinancing option can also potentially save thousands of dollars in student loan interest every year, allowing borrowers to put the extra money towards paying off their debt faster.

Go to centralmainecu.lendkey.com or call 888-549-9050 for details.

SEVEN WAYS TO PROTECT YOUR CHILD’S IDENTITYA rash of breaches has taught many of us to scrutinize our personal credit reports for fraud. We don’t monitor credit reports for our children because we don’t expect them to have one. Identity thieves can use a child’s clean credit history to commit fraud. It’s a danger parents should be aware of according to the Federal Trade Commission.

Ways to protect your child’s identity:

1. Keep birth certificates and Social Security cards in a safe place, such as a safe deposit box.

2. Don’t post birthdates or other identifying information on social media.

3. Shred documents that contain your child’s personal information.

4. Don’t share your child’s Social Security number with anyone you don’t know.

5. If your child’s school asks for personally identifiable information, see if you can opt out.

6. Be on the lookout for events that might trigger identity theft, such as loss of a wallet, a security breach at the school or doctor’s office or a break-in at your home.

7. Keep your voice down at the pharmacy and doctor’s office. An eaves- dropper might pick up information to obtain medical care using your child’s identity.

JULY7/6: FightingFraud7/13: SmartMoneyChoices7/20: Understandingand ProtectingYourCredit7/27: StrategiesforSaving

AUGUST8/3: CheckingAccounts: AvoidingthePitfalls8/10: HowtoBuyaCar8/17: MakingLifeEasier ThroughConvenience8/24: CreditCards

JULYsessionswillbeheldat4:00p.m.at836CenterStreet,Auburn

AUGUSTsessionswillbeheldat4:00p.m.at1000LisbonStreet,Lewiston

SURCHARGE-FREE ATMsDid you know that you can access your money at nearly 230 ATMs all across Maine for free? All you need to do is SURF! The SURF Network is a surcharge-free ATM network spanning across the state. Simply look for the SURF Dude!

Use the SURF ATM Locator or download the SURF app from the iTunes store to find a surcharge-free ATM nearest you.

ReginaMoulton,Librarian,MinotConsolidatedSchoolandVickiStuart,CEO,CMFCU.