Transcription
Managing your financesDecember 2019 www.unfcu.org
Introducing UNFCUUNFCU serving the people who serve the world 2
Started by UN staff in 1947We are a credit union Not-for-profit cooperative based in the US Independent of stockholders Solutions tailored for membersFull range of banking products and services Accounts are in US dollars and in the USA 130,000 members around the worldUNFCU serving the people who serve the world 3
Membership open to UN community UN staff UN retirees UN consultants UN volunteers Family members of UNFCU memberswww.unfcu.org/eligibilityUNFCU serving the people who serve the world 4
Make your moneywork for youUNFCU serving the people who serve the world 5
Organize your money by useMonthly &daily expensesSavings Share certificatesChecking accounts High-Yield Savings Standard savingsUNFCU serving the people who serve the world 6
CheckingSavingsUnlimited monthlyUp to six withdrawalstransactionsper monthOverdraft optionsNo overdraft optionsBoth are federally insured to at least 250,000.UNFCU serving the people who serve the world 7
NEWSimple Saver Share CertificateSTART SMALL, GROW BIG. 24-month term Open with 250 Add more money anytime 25 bonus available Digital Banking enrollment requiredUNFCU serving the people who serve the world 8
More ways to saveUNFCU serving the people who serve the world 9
Save on fees Use Digital Banking for wire transfers. Set up payroll direct deposit. Use accounts with no transaction limits for everydaypurchases. Use a card with no foreign transaction fees.UNFCU serving the people who serve the world 10
Member Loyalty RewardsMember Loyalty RebatesSave up to 50/month on fees for: ATM withdrawals Wire transfers Savings overdraftMember Loyalty DividendsEarn up to 10% on your share certificate dividends.UNFCU serving the people who serve the world 11
Everyday purchasesUNFCU serving the people who serve the world 12
Debit CardCredit CardSpend only theSpend up to yourcash you have.credit limit. Earn reward points forFew offer rewards.every dollar spent. Redeem points for cash,travel, and more.UNFCU serving the people who serve the world 13
When to borrowUNFCU serving the people who serve the world 14
Loans Borrow the money you need. Pay interest on the amount you borrow. Repay the full loan amount, plus interest,over time.UNFCU serving the people who serve the world 15
Before you apply, ask: How much are my current monthly expenses? Can I still save money if I take out a loan? How much can I afford for monthly payments? How secure is my income? Use savings or borrow the money?UNFCU serving the people who serve the world 16
Evaluating loan applications Existing loans Loan payment history Other expenses Income Income currency Length of membership Length of contractUNFCU serving the people who serve the world 17
Apply onlineOnline loan application shows you the loans for whichyou are eligible: Log in to Digital Banking. From ‘Account Services,’ choose ‘Apply for a Loan.’UNFCU serving the people who serve the world 18
FixedRate does not change.VariableAfter introductory period,rate changes each monthPayment amountNumber of payments andwill not change.amount do not change.Number of paymentsmay change.No pre-payment penaltyUNFCU serving the people who serve the world 19
SecuredUnsecured Backed by deposits Not related to deposits Fewer qualification More qualificationrequirements Rate is usually lowerrequirements Rate is usually higherPayments are made in installmentsover a defined period of timeUNFCU serving the people who serve the world 20
unfcu.org/learnWebinarsGuidesFAQsUNFCU serving the people who serve the world VideosRetirementResources21
Questions?UNFCU serving the people who serve the world 22
UNFCU serving the people who serve the world 13 Debit Card Credit Card Spend only the cash you have. Spend up to your credit limit. Few offer rewards. Earn reward points for ever
