2010 Annual Meeting
Saturday, May 1, 2010 3:00 p.m.
Bolling Club, Bolling Air Force Base
Washington, DC

Cost of dinner and 2 drink tickets: $25
$15 will be credited back to attendees of the dinner.
The business meeting is free.

Limited Seating – please complete and return the
form at right as soon as possible
No refund requests accepted after April 16, 2010

Police Federal Credit Union Loans (back to top)

When you think about a loan in the coming year, think Police FCU first! We have the loan to suit your needs at members-only rates. And, when you work with Police FCU, you get member care and personal service you can trust, along with great rates and flexible terms. Look to your Credit Union for:

In addition to the above, we also have competitive refinancing options available.

MORTGAGES – Make plans to educate yourself at our Mortgage School this coming March, and position yourself to take advantage of the recovering housing market. Please check our website for updates and details: www.policefcu.com

AUTO & MOTORCYCLE LOANS – Same low rate for cars or bikes! As low as 3.94% APR*. So whatever you’re looking for, we can help.

REFINANCING – If you didn’t get the best rate on your vehicle purchase, look into refinancing with us and potentially save yourself a great deal of money! Take advantage of the ‘new auto loan’ refinancing rate on your 2008 year model and newer vehicles until April 2010.

BOATS & RV’S – New purchase and refinance. Amounts up to $50,000, terms up to 144 months and rates as low as 7.00% APR. Contact one of our lending representatives for details.

Applications available online: www.policefcu.com
or call: 301.817.1200 (toll free 877.278.7328)

* The Annual Percentage Rate. For autos and motorcycles, advertised rate is based on vehicles 2008 or newer. This rate includes a .25% discount for Direct Deposit with Automatic Payments. Certain restrictions apply. The APR can vary based on creditworthiness, age of vehicle and terms of the loan. Financing up to the retail value of the auto is available. Rate is subject to change without notice. Auto loans currently financed through the credit union cannot be refinanced with this offer. Based on a $28,000 loan at 3.94% over 63 months, your monthly payment would be $492.72. Must be a member of Police FCU to apply for Police FCU loans.

Smart Value for You and Your Family (back to top)

Start the New Year right by sharing the credit union with someone close to you. We are here for all members of your immediate family as well as your law enforcement family (co-workers).

At Police FCU, you are members we value, not numbers for profit. We offer:

• Friendly member service
  
• Low rates on all types of loans
  
• Higher yields on savings and investments
  
• Lower and no-fee services
  
• Online Banking, Online Bill Pay
  
• Direct Deposit
  
• Access to over 32,000 surcharge-free ATMs, and 3,800 Credit Union Shared Branch Service Centers nationwide.
  
• And much more!

Also, Police Federal Credit Union is insured by the National Credit Union Administration, providing insurance for deposits of up to $250,000, so rest assured that your money is safe at Police FCU.

For more information, including membership eligibility, stop by, call 301-817-1200 or 877-ARU-PFCU toll-free or visit us online at www.policefcu.com.

Wake Your Money Up! (back to top)

Have you let your account go without activity lately? In addition to missing out on the services and benefits we offer, the credit union may charge a $5.00/month fee for inactivity after 6 months of no share, draft or loan activity. Your account is considered dormant if you have not made a deposit or withdrawal within the past three years. At that time you will get a reminder of the dormancy. If you fail to respond within 30 days of this notice, we are required to send all funds in your account to the State of Maryland as abandoned property. So wake your money up. You worked hard for it, keep it working for you at Police FCU.

Let Us Help You Save for Retirement
IRA options from Police FCU (back to top)

If you’re saving for your future (and we hope you are), we are here to assist you. Take a look at the four No Annual Fee IRA options offered by your Credit Union.

Traditional IRA- A great option for creating a balanced, long-term savings plan with tax deferred earnings and possible tax-deductible contributions.

Roth IRA- More flexibility in the use of your investment. Not tax deductible; however, qualified distributions are tax-free. Consult your tax advisor about maximizing this option.

SEP- Simplified Employee Pension – Retirement accounts which allow employers to make tax-deductible contributions on behalf of eligible employees. Employees do not pay tax on these contributions, but distributions are taxed- subject to many traditional IRA rules.

Coverdell Education Savings Accounts- formerly known as the Education IRA, can be used to pay for qualified elementary and secondary education expenses (tuition, fees, books, other supplies, and in some cases, even room and board).

Contributions are not tax-deductible; however, a Coverdell ESA offers the potential for tax-free withdrawals if used to pay qualified education expenses.

When you open an IRA account, be sure to make regular contributions to it to get the maximum benefit. For more information, we encourage you to visit the IRA page on our website or contact us, we’re here for you. Rollover options are also available.

*APY=Annual Percentage Yield

Shared Branching:Access & Convenience (back to top)

Did you know that through Shared Branching you have access to your accounts at over 3,800 locations nationwide? With your Credit Union account number and photo identification you can take advantage of nearly all traditional branch services, such as:

Shared branching is ideal for members who travel on business or pleasure, have children away at college, or relocate out of state – for any situation, it is easy and convenient. To find a Shared Branch location near you, visit www.cuservicecenters.com, from here, you can also use the download feature to send shared branch locations to your GPS, or call 1-800-919-2872 to find a location.

Keep an eye out for the CU Swirl Logo (pictured below).
*-not available at all shared branches

Police FCU Introduces Quicken Download Feature
for Online Banking users (back to top)

Get more out of your Police FCU Online Banking – use Quicken through your Police FCU Onlineaccount for easier money management and budgeting tools to help you keep track of your spending and saving.

Microsoft® Money users – easy transition – If you have used Microsoft Money in the past, Quicken can help you transfer your valuable financial information to Quicken with the Data Converter tool.

Just in time for tax season, Quicken pairs perfectly with TurboTax, to save you time. Export your data directly to TurboTax for easy tax preparation.

50% off Quicken with Police FCU
Current users of Online banking & Online bill pay who wish to purchase Quicken can save 50% off the purchase price. Available to the first 50 members who respond to this offer, Police FCU will pay 50% of the cost to purchase Quicken.*

*Limited time offer: Available to the first 50 members who purchase Quicken 2010, Police Federal Credit Union will credit your share draft account up to 50% of the cost. Must be a member of Police FCU, must be signed up for online banking. Maximum refund available from Police FCU, $29.99 based on $59.99 suggested retail price of Quicken Deluxe 2010 from www.quicken.com website. Must submit original receipt.

Upgraded Online Banking (back to top)

Police FCU continues to make it possible for you to do even more with online banking! Launching in mid January, our new Online Banking platform will introduce enhancements that include:

• a more user-friendly, customizable interface
• new account summaries and transaction list features
• real-time transaction history
• mobile device compatibility
• funds transfer – including loan advances
• Quicken® download options
• and more!

Check the website for the latest launch news

Go Green, Switch to E-statements (back to top)

It helps decrease paper usage and gives you a quick, easy way to view, save or print your statement.

In addition to helping the environment and de-cluttering your countertops, e-statements are:

Sign up today – Register and access your estatements through your secure online banking

Save Time on Taxes with Police FCU
& Turbo Tax® (back to top)

Don’t stress more than necessary this Tax season; keep things simple by using Turbo Tax through Police FCU. Available via the website, Turbo Tax makes filing taxes easy by guiding you through your return, step-by-step, helping you double-check your return for accuracy, and allowing you to file electronically and use Direct Deposit for the fastest possible refund.

For the fastest, most secure access to your tax refund, receive it by Direct Deposit to your Police FCU account. Police FCU’s ABA/routing number is: 254075137

College in 2010? Police FCU Scholarship Opportunities (back to top)

We are very pleased to announce the $11,000 Credit Union College Scholarship

Program for 2010. These scholarship opportunities are open to members of Police FCU entering their freshman through senior year of college, and may make it easier to meet tuition costs. College bound members are eligible to apply for one of ten $1,000 essay-based scholarships and one $1,000 video-based scholarship, made possible by the Credit Union Foundation of MD & DC.

Applicants will learn more about their Credit Union, and award winners will receive needed financial assistance with their tuition while their video and essay responses help us better serve our college bound members. For applications and details, please visit our website.

For applications and details, please visit our website.

Mortgage Questions? (back to top)

Get answers at our Mortgage School

If you've been wondering if now is the right time for a home purchase, this seminar is for you. 2010 is expected to be a great year for all home buyers including first time home buyers and those wishing to refinance. With the extension of the tax credit, low interest rates, and motivated sellers, you can get what you want with a new mortgage.

Annual Mortgage School 2010
Saturday, March 27th

Greenbelt Marriott
6400 Ivy Lane
Greenbelt, MD 20770

Registration begins at 8am
Seminar 9am - 12noon

Space is limited, advanced registration is required. If you plan to attend, please RSVP at either Police FCU branch or e-mail Terri Vance at tvance@policefcu.org by March 19th. If you have questions about the event, please call 301-817-1200.

POLICE FCU PRIVACY POLICY AND DISCLOSURE (back to top)

We collect non public personal information about you from the following sources:

Applications and other forms you send us; Transactions you perform with us or with others; Consumer credit reports from credit reporting agencies.

Current or past employers and other institutions where you conduct financial transactions may be asked to verify information you have provided to us on applications or other forms.

We may disclose all information as described above to companies that perform marketing services on our behalf or to other financial institutions with whom we have joint marketing agreements. To protect your privacy, we only work with companies that agree to maintain strong confidentiality protections and limit the use of information we provide. We do not permit these companies to sell the member information we provide to third parties.

In order to conduct the business of the Credit Union, we may also disclose nonpublic personal information about you under other circumstances as permitted or required by law. These disclosures typically include information to process transactions on your behalf, to conduct the operations of our Credit Union, to follow your instructions as you authorize us, or to protect the security of our financial records. If you terminate your membership with Police FCU, we will not share information we have collected about you, except as permitted or required by law.

How We Protect Your Information
We restrict access to your nonpublic personal information to those employees who have a specific business purpose in utilizing your data. Our employees are trained in the importance of maintaining confidentiality and member privacy. We maintain physical, electronic, and procedural safeguards that comply with federal regulations and leading industry practices to safeguard your nonpublic personal information.

Help Us Protect Your Privacy!
Members can help us protect their privacy by following these simple guidelines:

Protect your account numbers, card numbers, personal identification numbers (PINs) and passwords. Never keep your PIN with your debit or credit card, as it can provide free access to your accounts if it is lost or stolen.

Use caution when disclosing your account numbers,Social Security number, etc., to other persons. Beware if someone calls you unexpectedly, saying it is on behalf of the Credit Union, and asks for your account number or other personal information. If you have doubts about whether or not a caller is legitimate, hang up and call the Credit Union at 301-817-1200 or 877-ARU-PFCU toll-free to verify the caller’s identity.

Keep your information with us current. If we detect potentially fraudulent or unauthorized account activity, we will attempt to contact you immediately. So, please let us know right away when you change your address and/or phone number(s). If you have questions concerning this notice, please do not hesitate to call us – we are here to serve you.

Running Miracles (back to top)

Credit Union Cherry Blossom Ten Mile Run

Police FCU is proud to be associated with this major fundraising event for Children’s Miracle Network, an affiliation of 136 children’s hospitals nationwide providing treatment to over 17 million children annually. Every dollar donated through this nationwide credit union effort is returned to affiliated Children’s Miracle Network hospitals in the local community where the donations originate.

In 2009, credit union sponsors raised $1 million in donations, and this year you have an opportunity to support these efforts by making a personal donation. To make a donation, simply visit http://www.cucherryblossomrun.org/. Click, “Make A Donation Now” from the top menu bar. Once you are on the secure donation page, scroll down to and click, “MAKE A DIRECT DONATION” and fill the online donation form.

Police FCU also has 4 runner registrations available for members. If you are interested in running in the race, send an email to contests@policefcu.org. We will conduct a random drawing of the entrants and notify the winners on February 1, 2010. Submit your entry no later than January 15, 2010.

Please join us in this opportunity to make a real difference in the lives of children and families right here in our local community.

For more information about the run, Children’s Miracle Day or donations, please visit: www.cucherryblossomrun.org.

Last Chance! (back to top)

MPD 150th Anniversary History Books

Over 1,000 of you have ordered copies so far, and we would like to remind the rest of you that the publisher’s extension of prepublication pricing (only $55.00!) expires on January 15, 2010. Don’t miss this last opportunity!

The non-profit Washington D.C. Police Foundation benefits from each book sold during pre-publication.

Important Visa Debit Card Disclosure Update (back to top)

Amendment revisions to the Electronic Funds Transfer Agreement and Disclosure:

The items covered in this amendment supplement the current Visa Debit Card provisions. You may use your Card without a PIN (Personal Identification Number) for certain transactions on the Visa, NYCE, and Pulse networks. However, provisions of this Agreement relating to Visa transactions do not apply to transactions processed through non-Visa networks. To initiate a Visa Debit transaction, you may sign a receipt, provide a card number or swipe your card through a point-of-sale (POS) terminal and choose to route the transaction over a Visa network. Please refer to the Member Liability section of this Agreement for terms and conditions. Please feel free to contact the Credit Union with any questions you may have concerning this change.

Thank you.

Holiday Closures (back to top)