| What's
New...
Credit
Union members - Why throw away your money?
Save on Sprint wireless service and phones,
plus get a FREE car charger*!
Select
Employees Federal Credit Union members have already been
saving big with the Sprint Credit Union Member Discount
Plan. Now our members can also receive a FREE car charger*
with the purchase of a phone and a new activation through
Sprint.
Not
familiar with the Sprint Credit Union Member Discount Plan?
Here's how you can save:
- 10%
off most regularly priced Sprint service plans
- Waived
activation fee on new activations
- Waived
upgrade fee
Start
saving today! Free car charger available with web and phone
purchases only. To learn more about this discount plan and
to get your free car charger, visit www.SprintSave4CU.com
or call 877.SAVE.4.CU.
*Offer
valid from January 1, 2010 to January 31, 2010. Exclusively
from Platinum Wireless, while supplies last. See Web site
for details and restrictions.
Open
a new CHECKING ACCOUNT
Apply for a new debit card
Earn BONUS $$$ & WIN WIN WIN
A
financially sound member is a happy member! While banks
continue to raise their checking account fees to cover the
losses they are suffering we are rewarding our members with
FREE debit cards, FREE online banking,
FREE check cashing, FREE bill pay, FREE check imaging, NO
minimum balances, extended hours, hundreds of locations
thru shared branching and MORE!
If you don’t have your checking account with SEFCU
then it’s time to switch and start putting some of
that savings back into your pocket!
We’ll
even pay you to switch! Check out our “Switch &
Earn” promotion which we are continuing this quarter
AND if you open a new checking account we’ll also
enter you into a series of BONUS drawings where you can
win gas cards, gift cards and CASH!
Talk
to a member service representative today about what we can
do for you!
Switch
& Earn $100.00
That's
right! We're so convinced that our products are better than
anyone elses, we'll pay you up to $100 just to switch! For
a limited time...
Switch
your checking account to SEFCU and earn $25.00
Switch
your credit card to SEFCU earn another $25.00
Switch
your car loan to SEFCU and earn another $50.00
Compare,
Switch & Save
Fiancial
Instirution |
Savings
Min. To
Open |
Checking
Min. To
Open |
Checking
Account
Monthly Fee |
Overdraft
Protection Fees |
Bill
Pay |
NSF
Fees |
| Broadway
Bank |
200.00 |
500.00 |
00.00 |
5.00
(only in increments of $250) |
free |
28.00 |
| Bank
of America |
25.00 |
25.00 |
8.95 |
10.00 |
free |
35.00 |
| Chase |
25.00 |
25.00 |
6.00 |
10.00 |
free |
35.00 |
| IBC |
50.00 |
50.00 |
5.00 |
29.00
(18% interest if account is negative |
free |
29.00 |
| SEFCU |
5.00 |
25.00 |
FREE |
1.00
- any increment |
FREE |
30.00 |
Change
in NCUA Rules
Alexandria, Va., October 8, 2008 – President
George W. Bush signed into law the “Emergency Economic Stabilization
Act of 2008” on October 3, 2008, which temporarily increases
federal deposit insurance coverage. The new law amends the
share insurance coverage provided by the National Credit
Union Administration (NCUA) through the National Credit
Union Share Insurance Fund (NCUSIF) and the deposit insurance
provided by the Federal Deposit Insurance Corporation (FDIC).
The NCUA Board also took action on October 3 to eliminate
the concept of “qualified beneficiary” in determining NCUSIF
share insurance coverage. The newly enacted rule serves
to maintain parity between insurance coverage offered by
NCUA and the FDIC. NCUA is working to update all related
publications to reflect these changes.
Statutory
Share Insurance Change: $250,000
The
new law became effective on October 3, 2008, and will remain
in place through December 31, 2009. The law provides for
an increase in the minimum NCUSIF coverage from $100,000
to $250,000 on member share accounts. This includes all
account types, such as regular share, share draft, money
market, and certificates of deposit. Individual Retirement
Account and Keogh account coverage remains at up to $250,000
separate from other types of accounts owned.

|