1. finance
2. bank
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RATES
Rates as of September 30, 2012. All rates are subject to
change without notice. For current rates, please check our
web site at LeydenCU.org or call LCU
at 847-455-8440.
SAVINGS RATES
Regular Shares........................0.150% APY*
Holiday ....................................0.200% APY*
IRAs (passbook) ......................0.200% APY*
Tiered Money Market ...............0.250% APY*
Premier Share Draft.................0.050% APY*
LCU Offers Holiday Account
Change Takes Effect in 2013
Starting in January 2013, if you need to
access some of your funds before the
transfer date, you can do so without closing
your account! However, there will be a $10
convenience charge. And finally, if you have
to close your account early, there is NO
early withdrawal fee.
REMINDER: ON AUGUST 1, 2012, THE INDEX ON THE
TIERED MONEY MARKET CHANGED FROM THE ONE
YEAR LIBOR TO THE ONE MONTH LIBOR AS POSTED
IN THE WALL STREET JOURNAL.
NMLS #809901
For qualified buyers. All discounts included.
Rates shown are lowest rates available.
Your rate is base on credit performance.
Share Secured ..........................2.00% APR
Signature Loans ........................7.75% APR
Variable Rate Home Floor 4% APR
Equity Line of Credit..................4.00% APR
New Auto Loan..........................1.90% APR
Used Auto Loan.........................1.90% APR
VISA CREDIT CARD
®
No Annual Fees • 25 Day Grace Period
Summer & Holiday Skip-A-Pay
Classic/Gold
Share Secured ..........................8.88% APR
Gold...........................................9.00% APR
Classic.....................................13.80% APR
*Annual Percentage Yield
Annual Percentage Rate
OFFICE & DRIVE-UP HOURS
Mon., Tues., & Thurs:
Wednesday:
Friday:
Saturday:
Sunday:
8:30 a.m. – 5:00 p.m.
10:00 a.m. – 5:00 p.m.
8:30 a.m. – 6:30 p.m.
8:30 a.m. – 12:30 p.m.
CLOSED
Money
W ire
Member Sav
ings
The account can be funded regularly through direct deposit or as an
automatic transfer from another LCU account.
You get to choose one of four dates to have your funds automatically
transferred into your regular Savings Account. The dates are October 15,
November 1, November 15, or December 1.
Some Good Things That You May Not
Know About Enterprise Car Sales
Enterprise is the largest used car supplier in the world. Approximately
80% of the used cars at dealerships have once been rentals. If you
purchase a car at CarMax, there is a good chance that it was once an
Enterprise car as CarMax is Enterprise’s biggest buyer. You’re better
off going straight to the source and saving money.
Some members are reluctant to buy a car from Enterprise because
they assume that a rental vehicle has been abused and it is not in
good condition. This is not true. Enterprise cars must pass a 109
point vehicle inspection by an independent mechanic.
And finally, Enterprise cars do come with a 12 month/12,000 mile
powertrain warranty. Also the car you purchase may have the original
factory warranty that will carry over to a second owner. Extended
warranties are also available.
For more information on Enterprise, call our
Enterprise Representative at 630-942-5080 or
go to www.EnterpriseCarSales.com. And don’t
forget, LCU is always here for your financing
needs and we have recently lowered our rates
to as low as 1.9% APR.
We will be closed on
the following holidays:
•Monday, Nov. 12 . .Veterans Day
•Thursday, Nov. 22 .Thanksgiving Day
•Friday, Nov. 23 . . . .Day After Thanksg.
•Tuesday, Dec. 25 . .Christmas Day
•Tuesday, Jan. 1 . . .New Years Day
We will have special
hours on these days:
•Wednesday, Nov. 21
8:30 a.m. - 6:30 p.m.
•Monday, Dec. 24
8:30 a.m. - 12:30 p.m.
•Monday, Dec. 31
8:30 a.m. - 12:30 p.m.
Quarterly Newsletter | October / Fall 2012
LEYDEN CREDIT UNION
2701 N. 25th Ave., Franklin Park, IL 60131
847-455-8440 • www.LeydenCU.org
www.facebook.com/LeydenCU
In the event that you do not know what our Holiday Account is, it is a
separate savings account to be used for holiday purchases. A minimum
of $10 must be deposited monthly. If you are looking for a way to save
money for the season by putting a little bit away at a time, then this account
is for you.
Call the credit union office or LAURA at 847-455-8440 or
check our Home Page at www.LeydenCU.org for up-tothe minute Certificate rates.
LOAN RATES
THE
Lowest Rates Ever
On Car Loans!
Holiday
Loan
12 Month Loan
Rates As Low As
1.9
%
APR
Cassandra recently
purchased a used vehicle
& secured the financing
through the dealer. She
wasn’t satisfied with the
rate so she gave us at
Leyden Credit Union a call
regarding refinancing.
Based on her credit score,
we were able to reduce her
rate by over 10%!
“I saved about
3 000
$ ,
in interest...”
Restrictions apply. Subject to qualification. Your interest rate is based on your
credit rating and length of the loan. Call 847-455-8440 for details. APR=Annual Percentage Rate.
Rates As Low As
7.75
%
APR
WITH COUPON
Look Inside For
MONEY-SAVING
COUPON!
Finance With LCU!
From Oct. 1 - 31, 2012, Great Prices on More
Than 120 Makes and Models, Including:
2011 Chevy Impala
1 LT, 4 Door | 36,000 - 42,000 Miles
$
14,297
www.CUAutoDeals.com
36,000 - 42,000 Miles
THE GAME
OF
LOAN
Loans Starting As Low As $500.00 • 12-36 Month Terms Available.
Payment per $100 borrowed:
>For 12 Months at 8.75% APR: $8.74
>For 24 Months at 9% APR: $4.57
>For 36 months at 10% APR: $3.23
APR = Annual Percentage Rate.
Subject to qualification.
Restrictions apply.
Terms vary on amount financed.
THE GAME
OF
YOUR
LIFE-LONG
LENDER
Rates As
Low As
~Celebration~
~Playing On A Team~
It’s the most wonderful season & the most
expensive.
Between buying gifts and
hosting/attending parties, your January credit card bill may bring out
the Grinch in you. Instead of putting holiday expenses on a credit
card, get a low rate Holiday Loan from LCU before the season starts.
Your rate will be lower than your credit card & you will also have a
definite ending date to pay it off. FOR 12 MONTHS ONLY.
~Your Home~
Appliance Loan
Your refrigerator may break, your dryer may go
down, or your furnace may need to get replaced.
These are just some of the things that can go
wrong at the worst time. Don’t worry, our
Appliance Loan will get you through it!
?
The Rest Of The Game...
What’s
Your
Loan
Need a loan for something
you don’t see here? Call us
at 847-455-8440. If you
qualify, we’ll be happy to get
you the funds you need.
APR
BETTER THAN A CREDIT CARD!
LOAN
Holiday Loan
C O U P ON
1% Off
Your Qualifying Rate
With This Coupon
~Marriage~
Wedding Loan
Start
L O A N
It’s going to be the happiest day of your life.
However, between the hall, dress, tuxes,
flowers and limo, the big day looks like it’s
going to cost you more than expected. Don’t
worry, call LCU for a Wedding Loan.
Sports Loan
Playing sports helps kids develop discipline, team
work, & leadership skills. Kids who play sports are
also less likely to take drugs or smoke. However,
the equipment & related travel expenses can add
up. A Sports Loan will make sure your child does
not miss out on all that sports has to offer.
~Playing Music~
Instrument Loan
Learning a musical instrument teaches discipline,
a positive work ethic, and perseverance. Music
students also outperform on the ACT. With the
Instrument Loan, your child won’t miss out on a
great opportunity.
~Protection~
Legal Fee Loan
For whatever the reason, you may need to hire
a lawyer. Although they are expensive, you
know you need one for advice or representation
to save in the long run. If you need help, LCU
has a Legal Fee Loan.
Get a Signature Loan at Leyden Credit Union for the loan
products listed on this page and get 1% off of your qualifying
rate. Lowest rate available WITH COUPON is 7.75% APR!
Loans start at $500. Coupon only available on 12 Month
Loans. Terms vary on amount financed. Subject to
qualification. Restrictions apply. Limit 1 coupon per household.
Not valid with any other offer. Coupon expires Nov. 30, 2012.
~Baby is Born~
Nursery Loan
You just had a baby! If you need some
help to do some remodeling to make
the perfect nursery, LCU is here with a
Nursery Loan.
~Child’s Health~
Braces Loan
Your child needs braces & most dental
insurance does not cover it. If you need
some help, your “Life-Long Lender” can
give you a loan that will give your child
life-long smiles.
~Education~
School
Loan
From getting a new laptop, upgrading a
cell phone, to purchasing dorm room
supplies, sometimes you need a little
help to get your child through the
semester. LCU’s School Supplies Loan
will ensure that your child has everything
they need to complete their studies.
~Your Auto~
Car Repair Loan
It’s only a matter of time before something
needs to be fixed on your car. If it hits you
at a bad time, LCU is here for you.
Skip-A-Pay
Here Is How It Works...
• Fill out the coupon.
• Return this coupon to LCU with
the $25 convenience charge
per loan payment.
• If you are skipping your November payment, return
your coupon no later than October 25th.
• If you are skipping your December payment, return
your coupon no later than November 25th.
• Skip your payment!
This special offer is available on all loans which are in good standing. Payments cannot
be skipped in consecutive months. One-Payment Balloon Loans, Lines of Credit, and
Mortgages are excluded. All other terms and provisions of the original loan agreement
are unchanged and remain in full effect. Interest will continue to accrue during the month
you skip your payment. In some cases, based on the size of the balance, the interest
which accrues may be greater than the amount of your next regular payment. It may
take several months to begin to reduce your principal balance. All Skip-A-Pay requests
are subject to approval.
November or December
Payment Extension Request Form
It is mutually agreed that this constitutes an extension on
Loan #_____________________ Suffix #__________________
The November or December payment(s) will be deferred and added to the end
of the original term of this loan. I will resume my payment(s) after skipping the
month of November or December.
I would like to skip my: (Choose one)
____ November 2012 loan payment
____ December 2012 loan payment
I have :
____ Enclosed a check in the amount of $25.00
____ Authorized a transfer from my account #___________________
Return this form no later than October 25th to skip your November payment.
Return this form no later than November 25th to skip your December payment.
Return to Leyden Credit Union, 2701 N. 25th Avenue, Franklin Park, IL
60131, Attn: FSR Department.
________________________________________________________
Member Signature
If you make a non-automatic payment, the first payment done after the last day of the month prior to
the month that you are going to skip will be skipped. If your loan is paid via payroll deduction or other
automatic deductions, the amount normally applied to your loan will be deposited into your share draft
account each pay period in the month that you are skipping. If a full payment is transferred from savings/checking at Leyden, the payment will not be made. If you have any questions, contact the credit
union’s loan department at 847-455-8440.
THE GAME
OF
LOAN
Loans Starting As Low As $500.00 • 12-36 Month Terms Available.
Payment per $100 borrowed:
>For 12 Months at 8.75% APR: $8.74
>For 24 Months at 9% APR: $4.57
>For 36 months at 10% APR: $3.23
APR = Annual Percentage Rate.
Subject to qualification.
Restrictions apply.
Terms vary on amount financed.
THE GAME
OF
YOUR
LIFE-LONG
LENDER
Rates As
Low As
~Celebration~
~Playing On A Team~
It’s the most wonderful season & the most
expensive.
Between buying gifts and
hosting/attending parties, your January credit card bill may bring out
the Grinch in you. Instead of putting holiday expenses on a credit
card, get a low rate Holiday Loan from LCU before the season starts.
Your rate will be lower than your credit card & you will also have a
definite ending date to pay it off. FOR 12 MONTHS ONLY.
~Your Home~
Appliance Loan
Your refrigerator may break, your dryer may go
down, or your furnace may need to get replaced.
These are just some of the things that can go
wrong at the worst time. Don’t worry, our
Appliance Loan will get you through it!
?
The Rest Of The Game...
What’s
Your
Loan
Need a loan for something
you don’t see here? Call us
at 847-455-8440. If you
qualify, we’ll be happy to get
you the funds you need.
APR
BETTER THAN A CREDIT CARD!
LOAN
Holiday Loan
C O U P ON
1% Off
Your Qualifying Rate
With This Coupon
~Marriage~
Wedding Loan
Start
L O A N
It’s going to be the happiest day of your life.
However, between the hall, dress, tuxes,
flowers and limo, the big day looks like it’s
going to cost you more than expected. Don’t
worry, call LCU for a Wedding Loan.
Sports Loan
Playing sports helps kids develop discipline, team
work, & leadership skills. Kids who play sports are
also less likely to take drugs or smoke. However,
the equipment & related travel expenses can add
up. A Sports Loan will make sure your child does
not miss out on all that sports has to offer.
~Playing Music~
Instrument Loan
Learning a musical instrument teaches discipline,
a positive work ethic, and perseverance. Music
students also outperform on the ACT. With the
Instrument Loan, your child won’t miss out on a
great opportunity.
~Protection~
Legal Fee Loan
For whatever the reason, you may need to hire
a lawyer. Although they are expensive, you
know you need one for advice or representation
to save in the long run. If you need help, LCU
has a Legal Fee Loan.
Get a Signature Loan at Leyden Credit Union for the loan
products listed on this page and get 1% off of your qualifying
rate. Lowest rate available WITH COUPON is 7.75% APR!
Loans start at $500. Coupon only available on 12 Month
Loans. Terms vary on amount financed. Subject to
qualification. Restrictions apply. Limit 1 coupon per household.
Not valid with any other offer. Coupon expires Nov. 30, 2012.
~Baby is Born~
Nursery Loan
You just had a baby! If you need some
help to do some remodeling to make
the perfect nursery, LCU is here with a
Nursery Loan.
~Child’s Health~
Braces Loan
Your child needs braces & most dental
insurance does not cover it. If you need
some help, your “Life-Long Lender” can
give you a loan that will give your child
life-long smiles.
~Education~
School
Loan
From getting a new laptop, upgrading a
cell phone, to purchasing dorm room
supplies, sometimes you need a little
help to get your child through the
semester. LCU’s School Supplies Loan
will ensure that your child has everything
they need to complete their studies.
~Your Auto~
Car Repair Loan
It’s only a matter of time before something
needs to be fixed on your car. If it hits you
at a bad time, LCU is here for you.
Skip-A-Pay
Here Is How It Works...
• Fill out the coupon.
• Return this coupon to LCU with
the $25 convenience charge
per loan payment.
• If you are skipping your November payment, return
your coupon no later than October 25th.
• If you are skipping your December payment, return
your coupon no later than November 25th.
• Skip your payment!
This special offer is available on all loans which are in good standing. Payments cannot
be skipped in consecutive months. One-Payment Balloon Loans, Lines of Credit, and
Mortgages are excluded. All other terms and provisions of the original loan agreement
are unchanged and remain in full effect. Interest will continue to accrue during the month
you skip your payment. In some cases, based on the size of the balance, the interest
which accrues may be greater than the amount of your next regular payment. It may
take several months to begin to reduce your principal balance. All Skip-A-Pay requests
are subject to approval.
November or December
Payment Extension Request Form
It is mutually agreed that this constitutes an extension on
Loan #_____________________ Suffix #__________________
The November or December payment(s) will be deferred and added to the end
of the original term of this loan. I will resume my payment(s) after skipping the
month of November or December.
I would like to skip my: (Choose one)
____ November 2012 loan payment
____ December 2012 loan payment
I have :
____ Enclosed a check in the amount of $25.00
____ Authorized a transfer from my account #___________________
Return this form no later than October 25th to skip your November payment.
Return this form no later than November 25th to skip your December payment.
Return to Leyden Credit Union, 2701 N. 25th Avenue, Franklin Park, IL
60131, Attn: FSR Department.
________________________________________________________
Member Signature
If you make a non-automatic payment, the first payment done after the last day of the month prior to
the month that you are going to skip will be skipped. If your loan is paid via payroll deduction or other
automatic deductions, the amount normally applied to your loan will be deposited into your share draft
account each pay period in the month that you are skipping. If a full payment is transferred from savings/checking at Leyden, the payment will not be made. If you have any questions, contact the credit
union’s loan department at 847-455-8440.
RATES
Rates as of September 30, 2012. All rates are subject to
change without notice. For current rates, please check our
web site at LeydenCU.org or call LCU
at 847-455-8440.
SAVINGS RATES
Regular Shares........................0.150% APY*
Holiday ....................................0.200% APY*
IRAs (passbook) ......................0.200% APY*
Tiered Money Market ...............0.250% APY*
Premier Share Draft.................0.050% APY*
LCU Offers Holiday Account
Change Takes Effect in 2013
Starting in January 2013, if you need to
access some of your funds before the
transfer date, you can do so without closing
your account! However, there will be a $10
convenience charge. And finally, if you have
to close your account early, there is NO
early withdrawal fee.
REMINDER: ON AUGUST 1, 2012, THE INDEX ON THE
TIERED MONEY MARKET CHANGED FROM THE ONE
YEAR LIBOR TO THE ONE MONTH LIBOR AS POSTED
IN THE WALL STREET JOURNAL.
NMLS #809901
For qualified buyers. All discounts included.
Rates shown are lowest rates available.
Your rate is base on credit performance.
Share Secured ..........................2.00% APR
Signature Loans ........................7.75% APR
Variable Rate Home Floor 4% APR
Equity Line of Credit..................4.00% APR
New Auto Loan..........................1.90% APR
Used Auto Loan.........................1.90% APR
VISA CREDIT CARD
®
No Annual Fees • 25 Day Grace Period
Summer & Holiday Skip-A-Pay
Classic/Gold
Share Secured ..........................8.88% APR
Gold...........................................9.00% APR
Classic.....................................13.80% APR
*Annual Percentage Yield
Annual Percentage Rate
OFFICE & DRIVE-UP HOURS
Mon., Tues., & Thurs:
Wednesday:
Friday:
Saturday:
Sunday:
8:30 a.m. – 5:00 p.m.
10:00 a.m. – 5:00 p.m.
8:30 a.m. – 6:30 p.m.
8:30 a.m. – 12:30 p.m.
CLOSED
Money
W ire
Member Sav
ings
The account can be funded regularly through direct deposit or as an
automatic transfer from another LCU account.
You get to choose one of four dates to have your funds automatically
transferred into your regular Savings Account. The dates are October 15,
November 1, November 15, or December 1.
Some Good Things That You May Not
Know About Enterprise Car Sales
Enterprise is the largest used car supplier in the world. Approximately
80% of the used cars at dealerships have once been rentals. If you
purchase a car at CarMax, there is a good chance that it was once an
Enterprise car as CarMax is Enterprise’s biggest buyer. You’re better
off going straight to the source and saving money.
Some members are reluctant to buy a car from Enterprise because
they assume that a rental vehicle has been abused and it is not in
good condition. This is not true. Enterprise cars must pass a 109
point vehicle inspection by an independent mechanic.
And finally, Enterprise cars do come with a 12 month/12,000 mile
powertrain warranty. Also the car you purchase may have the original
factory warranty that will carry over to a second owner. Extended
warranties are also available.
For more information on Enterprise, call our
Enterprise Representative at 630-942-5080 or
go to www.EnterpriseCarSales.com. And don’t
forget, LCU is always here for your financing
needs and we have recently lowered our rates
to as low as 1.9% APR.
We will be closed on
the following holidays:
•Monday, Nov. 12 . .Veterans Day
•Thursday, Nov. 22 .Thanksgiving Day
•Friday, Nov. 23 . . . .Day After Thanksg.
•Tuesday, Dec. 25 . .Christmas Day
•Tuesday, Jan. 1 . . .New Years Day
We will have special
hours on these days:
•Wednesday, Nov. 21
8:30 a.m. - 6:30 p.m.
•Monday, Dec. 24
8:30 a.m. - 12:30 p.m.
•Monday, Dec. 31
8:30 a.m. - 12:30 p.m.
Quarterly Newsletter | October / Fall 2012
LEYDEN CREDIT UNION
2701 N. 25th Ave., Franklin Park, IL 60131
847-455-8440 • www.LeydenCU.org
www.facebook.com/LeydenCU
In the event that you do not know what our Holiday Account is, it is a
separate savings account to be used for holiday purchases. A minimum
of $10 must be deposited monthly. If you are looking for a way to save
money for the season by putting a little bit away at a time, then this account
is for you.
Call the credit union office or LAURA at 847-455-8440 or
check our Home Page at www.LeydenCU.org for up-tothe minute Certificate rates.
LOAN RATES
THE
Lowest Rates Ever
On Car Loans!
Holiday
Loan
12 Month Loan
Rates As Low As
1.9
%
APR
Cassandra recently
purchased a used vehicle
& secured the financing
through the dealer. She
wasn’t satisfied with the
rate so she gave us at
Leyden Credit Union a call
regarding refinancing.
Based on her credit score,
we were able to reduce her
rate by over 10%!
“I saved about
3 000
$ ,
in interest...”
Restrictions apply. Subject to qualification. Your interest rate is based on your
credit rating and length of the loan. Call 847-455-8440 for details. APR=Annual Percentage Rate.
Rates As Low As
7.75
%
APR
WITH COUPON
Look Inside For
MONEY-SAVING
COUPON!
Finance With LCU!
From Oct. 1 - 31, 2012, Great Prices on More
Than 120 Makes and Models, Including:
2011 Chevy Impala
1 LT, 4 Door | 36,000 - 42,000 Miles
$
14,297
www.CUAutoDeals.com
36,000 - 42,000 Miles