Fourth Quarter 2013

Providing Over 75 Years of Better Banking!

THE

PIECEC

OrNEr

Prime Time HELOCOur Prime Time Home Equity Line of Credit offers you the flexibility to write your loan when you need it most.

With a minimum draw of $25,000 up to a maximum2 line of $350,000, you can apply for the amount that matches your borrowing needs, and after your initial draw at closing you can write a Home Equity Check, use Online Banking or go to the branch anytime you need extra funds, up to the approved line of credit! Other features include:• NO Closing Costs!3

• Revolving draw period of 10 years—use your line, pay it back and use it again, similar to a credit card

• Pay back principal and interest over 15 years, once the 10-year draw period ends• Monthly payments are taken automatically4 from your active Sperry Checking

Account on the 15th of the month5

Sperry’s Prime Time Home Equity Line of Credit leads the market with a fantastic rate and excellent features. It’s Prime Time to put our HELOC to work for you! Apply today at www.sperryfcu.org, or (516) 873-7171, Option 4.

10.95% HELOC introductory rate is fixed for the first 13 months. Rate floor is 3.00%. Rates based on Prime Rate published in the WSJ. Rate subject to change monthly based on Prime Rate. Rate can revert to as low as Prime once 13-month introductory period expires. Rates shown are lowest rates offered for advertised product. Not all applicants may qualify for a special introductory rate. Rates and terms subject to change without notice. 2Maximum line of credit available determined by credit score and CLTV. Must maintain $25,000 minimum draw for 18 months. $35.00 fee will be assessed against HELOC on a monthly basis if outstanding balance falls below minimum draw within the first 18 months. 3No closing costs. Closing costs must be repaid if line is closed within 36 months. Closing costs may vary by situation. Existing Sperry HELOC members must pay closing costs and draw an additional $25,000. 4Stated rates require automatic payments from an active Sperry Associates Federal Credit Union Checking account, which requires a minimum of five transactions per month. Checking account must remain active for the life of the loan. $35.00 fee will be assessed against HELOC on a monthly basis if Checking account is not active. 5First monthly payment may include pro-rated interest based on date of closing. Equal Housing Lender.

No Time? No Problem!Use Sperry Mobile Banking to manage your Sperry Accounts with ease. Pay bills, make transfers, view your history and more. Download the Sperry Mobile Banking App to your IPhone® or AndroidTM for FREE, then bank 24/7 from wherever life takes you!

Coming Soon:

• Sperry Mobile Apps for iPads® and Tablets

• Remote Deposit Capture

Be on the lookout in the next newsletter for more information about these new Mobile Banking Solutions!

Want to Refinance? Yes, we do that too!3

2 Sperry Corner Piece /October 1, 2013

Membership & Community

Kevin Healy’s CommentsDear Members,

Fall means back-to-school, football and changing leaves. So whether it’s paying for books and tuition, buying that big-screen TV to watch the big game or completing fall projects around your home, Sperry can provide you with a Home Equity Line of Credit to pay those bills. Fall also reminds us that we need to winterize our cars to ensure their reliability as winter comes. If you do not have a reliable vehicle, Sperry has some great rates with their partner, the Enterprise Auto Sales Program, including rates as low as 0%. So score a touchdown with your family by bringing home a new car or big-screen TV, and come see us at Sperry to help you pay for it all!

Sperry Staff UpdatesChing Cornea—Controller

Chris Petridis—Business Analyst

George Kossaris—Assistant Controller

Kelly Waldron—Member Service Representative

Kenia Gun—Senior Teller

Mike Moriarity—Business Development Specialist

Vishal Mohan—Senior Accountant

Bruce Kopec—Director of Branch Operations

Whether new to Sperry or new to their positions, we wish the best to everyone!

Members are Cordially Invited… 76th Annual Member MeetingAgenda Highlights include 2012 in Review and the Election of one open Board position as communicated on 7/1/13. Since no written petitions were received by the 8/9/13 deadline, and there will be no nominations from the floor, the nominee submitted by the Nominating Committee is Kevin J. Healy, Incumbent.

Date: Saturday, November 9, 2013 • Time: 10:00am

Place: Sperry FCU- 2400 Jericho Turnpike, Garden City Park

RSVP: Reservations required to allow for adequate seating. Please email your full name, member number, email address and daytime phone number to support@sperryfcu.org by 10/25/13.

Light refreshments will be served.

Kevin J. HealyCEO & Vice Chairman, Sperry FCU

Please remember our veterans and all those who proudly served our great country on November 11th. And warmest wishes to you in the upcoming holiday season this December.

Sincerely,

Kevin

Sperry in the Community

July: KidsFest & Safety Day at Burns Park in Massapequa CEO Networking Event with CBS Radio at Sperry FCU, Garden City ParkAugust: School Drive through Salvation Army, Nassau CountySeptember: New Hyde Park Street FairCruise to the Show at Eisenhower Park, East MeadowFall/Winter: Credit Union Cares for Kids Program—See a NY Islanders game and help raise money for this worthy cause! (See statement insert for ticket information.)

December: Angel Tree Project—Please help fulfill a child’s wish this Christmas by choosing an angel from the tree at our branch, then buying, wrapping and returning the gift under our tree, tagged with the child’s name, by 12/14. The Salvation Army will deliver the presents to the local children whose wish you fulfilled, just in time for Christmas!

Take a look at where we’ve been recently, along with some of our future community support plans…

Great Community Service Project

for Scouts! Email: tellus@sperryfcu.org

to participate

Call 516-873-7171, Option 4 to get pre-approved by your credit union today!Preview our great selection of quality used vehicles at enterprisecarsales/cuautorates

The “e” logo, Enterprise, and “Haggle-free buying. Worry-free ownership.” are trademarks of Enterprise Holdings, Inc. All other trademarks are the property of their respective owners. © 2013 Enterprise Car Sales.

Consumer disclosures: 1: APR=Annual Percentage Rate. Rates as low as 0.00% APR for 24 months. This is a buy down rate. The amount of the buy down will not affect the price of the vehicle. 100% Financing available including Tax, Title and License. Financing for qualified Sperry Federal Credit Union members. Not all buyers will qualify. Actual rates range from 1.25% to 13.34% APR and vary based on term, credit worthiness and other criteria. Offer valid only on Enterprise Car Sales vehicles. Offer valid from 10/1/13 – 11/30/13. 2: Trade-in values obtained from ©2013 Kelley Blue Book Co.’s website KBB.com. Blue Book Trade-in Value is based on accurate condition rating and mileage of vehicle. Accurately appraising the condition of the vehicle is an important aspect of determining its Blue Book Trade-in Value. If a Blue Book Trade-in value is not available for your vehicle Enterprise will provide a fair and competitive value for customer’s vehicle. Customer is responsible for any extent vehicle pay-off exceeds Enterprise offer. Customer must provide required proof of ownership/registration and all other necessary paperwork to transfer title. Restrictions apply. For details, see an Enterprise Car Sales Manager. Offer void where prohibited including Alaska, California, Kentucky, Louisiana, Nebraska, South Carolina, Texas and Wisconsin. Offer only valid on one trade-in for each Enterprise vehicle purchase. Offer valid now 10/1/13 – 11/30/13.

Get rates as low as 0.00% APR!1

And, We’ll offer you Kelley Blue Book® Trade-In Value for your vehicle.2

Upon used vehicle purchase from Enterprise Car Sales.

Visit us at Enterprise Car Sales orcall 1 866 227-7253 to find a location near you.

October 1 - November 30, 2013

3 Sperry Corner Piece /4th Quarter 2013

Loan OffersGet a Sperry Low Rate, Then Take the Rebate!Now that the end-of-year auto sales are here, car dealerships are offering rebates to make room for next year’s models. Check out how Sperry’s low-rate vehicle loans can prove fruitful to you. Simply request a pre-approval from Sperry before you shop for your next car, truck or van. Then go shopping knowing how much you can afford. Once you find the car of your dreams, you can close the loan at Sperry with ease and take the dealer’s rebate for extra money in your wallet!

Same Low Rate - New or Used - up to 60-Month Terms:

Apply for a loan today: www.sperryfcu.org • (516) 873-7171, Option 4

1Vehicle Loan Rates range from 1.25% - 13.34%. Rates shown are the lowest rates offered and require Auto-Pay, which is automatic monthly payments taken directly from an active Sperry Checking Account. Add .25% for non-Auto Pay. Other rates and terms available. Rates based on applicant’s credit history and other restrictions. Applicants who are not offered the lowest rate may be offered credit at a higher rate. Not all applicants will be approved. Rates and terms are subject to change without notice.

AUTO REfINANCING

also available at these low rates.

Refinance today!

Sign Up and Use Online Bill Pay Enter to win $100, now through 11/30!

MasterCard® and Visa® Check Card Users— Fax Us to Make Travels Less Taxing

Annual Percentage Rate1 Term

1.25% 24 months

1.50% 36 – 48 months

1.75% 60 months

If you plan to use your Sperry MasterCard® or Sperry Check Card while traveling, make sure to let us know ahead of time so that your transactions process smoothly when you use your card while away from home.

Why? Because transactions that happen outside of your normal usage patterns may be flagged as potential fraud. Let us help you avoid a potential disruption of service while traveling! Simply fax the following information to Member Support: your name, the dates that you are traveling, your destination(s), and the last four digits of your Sperry MasterCard® and/or Sperry Check Card. Make sure to sign the fax so that we can match it to your account files in order to add a “Travel Alert” to your account. The fax number to use is (866) 549-7039. Happy travels!

Consumer disclosures: 1: APR=Annual Percentage Rate. Rates as low as 0.00% APR for 24 months. This is a buy down rate. The amount of the buy down will not affect the price of the vehicle. 100% Financing available including Tax, Title and License. Financing for qualified Sperry Federal Credit Union members. Not all buyers will qualify. Actual rates range from 1.25% to 13.34% APR and vary based on term, credit-worthiness and other criteria. Offer valid only on Enterprise Car Sales vehicles. Offer valid from 10/1/13 – 11/30/13. 2: Trade-in values obtained from ©2013 Kelley Blue Book Co.’s website KBB.com. Blue Book Trade-in Value is based on accurate condition rating and mileage of vehicle. Accurately appraising the condition of the vehicle is an important aspect of determining its Blue Book Trade-in Value. If a Blue Book Trade-in value is not available for your vehicle Enterprise will provide a fair and competitive value for customer’s vehicle. Customer is responsible for any extent vehicle pay-off exceeds Enterprise offer. Customer must provide required proof of ownership/registration and all other necessary paperwork to transfer title. Restrictions apply. For details, see an Enterprise Car Sales Manager. Offer void where prohibited including Alaska, California, Kentucky, Louisiana, Nebraska, South Carolina, Texas and Wisconsin. Offer only valid on one trade-in for each Enterprise vehicle purchase. Offer valid now 10/1/13 – 11/30/13.

The “e” logo, Enterprise, and “Haggle-free buying. Worry-free ownership.” are trademarks of Enterprise Holdings, Inc. All other trademarks are the property of their respective owners. © 2013 Enterprise Car Sales.

4

Important Updates Sperry Corner Piece /October 1, 2013

Attention Bill Pay Members New Interface Update on 10/22/13!We’re upgrading your bill payment experience in October by redesigning our Bill Payment page. The new page will have features that will help make bill management even faster and easier, with all of the key bill payment tasks on one screen. When the upgrade takes place, you will be able to:

• View e-bills, set automatic payments and more in an “Options” window for each payee

• See when each bill is due at a glance, with a status next to every payee’s name

• Customize the payee list with the “Hide” feature

• Track how much you paid on past bills, with a pop-up on the “Amount” field

Be on the lookout for emails and website banners with more information about this upgrade.

Regulation E-Annual Error Resolution Notice:In Case of Errors or Questions About Your Electronic Transfers, telephone us at (516) 873-7171, write us at Sperry FCU, 2400 Jericho Turnpike, Garden City Park, NY 11040, att: Member Services, or email us at support@sperryfcu.org as soon as you can, if you think your statement or receipt is wrong or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we sent the FIRST statement on which the problem or error appeared.

Make sure to:(1) Tell us your name and account number (if any). (2) Describe the error or the transfer you are unsure about, and explain as clearly as you can

why you believe it is an error or why you need more information.(3) Tell us the dollar amount of the suspected error.

Note: If you tell us orally, we may require that you send us your complaint or question in writing within 10 business days.

We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error, so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing and we do not receive it within 10 business days, we may not credit your account. For errors involving new accounts, point-of-sale, or foreign-initiated transactions, we may take up to 90 days to investigate your complaint or question. For new accounts, we may take up to 20 business days to credit your account for the amount you think is in error. We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation.

Your savings are federally insured to at least $250,000 and backed by the full faith of the United States Government. The National Credit Union Administration (NCUA) is a U. S. Government Agency.

LOCATIONS & HOURS OF OPERATIONOur E-Branch never closes:E-Branch www.sperryfcu.orgHours 24/7Call Center and Live Help:Available during business hours

MAIN OFFICE2400 Jericho Turnpike Garden City Park, NY 11040-4711Telephone: (800) 676-5512 or (516) 873-7171Fax: (866) 549-7039

Lobby Hours and Drive-up Teller WindowMonday 8:30am – 4:30pmTuesday 8:30am – 4:30pmWednesday 8:30am – 4:30pmThursday 8:30am – 4:30pmFriday 8:30am – 6:30pmSaturday 9:00am – 1:00pm

Find a Shared Branch or Surcharge-free ATMAs a valued Sperry member, you have surcharge-free ATM access at any 7-Eleven® or King Kullen. You can also conduct account transactions at over 60 Credit Union Shared Branches on Long Island. To find the nearest ATM or Shared Branch, visit our website at www.sperryfcu.org.

Tel-24 Touch Tone Service (516) 873-7171, Option 2 (800) 676-5512, Option 2

MasterCard® Customer Assistance (800) 237-6211 • www.ezcardinfo.com

First Mortgage (800) 239-5376

Our Routing Number 221475773

Holiday ClosingsColumbus DayOctober 14

Veterans DayNovember 11

ThanksgivingNovember 28

Christmas DayDecember 25

New Year’s DayJanuary 1

Holiday Early ClosingsChristmas EveDecember 24 • 1:00pm

New Year’s EveDecember 31 • 1:00pm