MONEYMatters
Fall 2009 |
Kenneth
W. Hoffmeyer
Chairman of the Board
Georgean C. Smith
Vice Chairman
Suzanne Boeke
Treasurer
Jack G. Goellner
Secretary
Michael J. Mesta
President
Lynn M. Gregory
Senior VP - Marketing & Member Svcs.
Laurie M. Hare
Marketing Manager & Editor
Accounts: 38,848
Assets: $259,014,868
JHFCU MONEYMatters is published by the Credit Union office staff and Board
of Directors.
The views expressed do not necessarily reflect those of the Johns Hopkins Hospital or University administration.
Address all correspondence to:
Editor, MONEYMatters
Johns Hopkins Federal Credit Union
2027 E. Monument Street
Baltimore, Maryland 21287
General
Information
410-534-4500 or 1-800-JHFCU-70
BRANCH OFFICES
All branches, unless noted otherwise, are open
M, T, F, 8:30 a.m. - 4:00 p.m.
W, 10:00 a.m. - 4:00 p.m.
Th, 8:30 a.m. - 6:00 p.m.
Homewood
Charles Commons
4 E. 33rd Street
Baltimore, Maryland 21218
East Baltimore
2027 E. Monument Street
Baltimore, Maryland 21287
Fax: 410-342-1160
Bayview
5201 Alpha Commons Drive
Baltimore, Maryland 21224
Mt. Washington
McAuleyHall, Suite 100
5801 Smith Avenue
Baltimore, Maryland 21209
Eastern
1101 E. 33rd St., Room 303A
Baltimore, Maryland 21218
Hours: W, 10:00 a.m. - 4:00 p.m.
Th, 8:30 a.m. - 4:00 p.m.
Phone Services Department
M, T, Th, F, 8:30 a.m. - 6:00 p.m.
W, 10:00 a.m. - 6:00 p.m.
Lost or Stolen ATM Card
410-534-4500, M-F 8:30-4:00
Lost or Stolen Visa® Check Card
410-534-4500, M-F 8:30-4:00;
after hours call 1-800-754-4128
and report card number
|
|
Holidays & Closings
JHFCU will be closed on the following dates:
Monday, October 12, 2009 — Columbus Day
Wednesday, November 11, 2009 — Veterans Day
Thursday, November 26, 2009 — Thanksgiving Day
Friday, November 27, 2009 — Day after Thanksgiving
Thursday, December 24, 2009 — Christmas Eve
Friday, December 25, 2009 — Christmas Day
Friday, January 1, 2010— New
Year’s Day
JHFCU will close at 4:00 pm on Thursday, December 31, New Year’s Eve,
instead of our normal 6:00 pm closing on Thursdays.
|
|
|
|
Current Rates |
| Loans (Current as of July 1, 2009): |
| |
APR*
|
New Cars**(48-month term)
|
4.75%
|
Used Cars**(48-month term)
|
5.25%
|
| (Check
our rates page for all rates & terms) |
|
Boats & Other Vehicles
Education or Computer
Home Improvement
Line of Credit
Unsecured/Personal $300-$20,000 |
7.25%
7.50%
7.50%
11.25%
9.50% |
|
|
Home Equity Loans with No Closing Costs† |
|
Lines of Credit are 1.5% below Prime at 80% LTV - currently 4.50% APR.****
Fixed Rate Loans, for 10 years, with 80% LTV - currently 6.00% APR.***
Visit our website for details on other loans and fixed term loans.
*APR = Annual Percentage Rate. Rates are determined by the
applicant's credit history, and collateral, and include .5% discount for direct deposit and are
subject to change. Direct deposit discount not applicable to Loanmaker. Your actual rate may vary.
Loan rates accurate as of October 1, 2009.
**Longer terms available at higher rates. Finance amount based on Web Carbook value including tags
and taxes. Vehicles may be financed up to 125% of value at a 2% premium over stated rate. Based on a $15,000 purchase at a rate of 4.75% for a 48-month new car loan,
your estimated monthly payment would be $344
***Floor rate of 4.50% on Home Equity Lines of Credit and 6.00% on Fixed-Rate Home Equity Loans.
****Variable-rate loan. Can change monthly. Based on
the Prime Rate as printed in the Wall Street Journal, to as low as Floor Rate,
on the 25th of the previous month.
†Maximum rate for Home Equity Fixed Loans is 18% and maximum rate for Home Equity Lines of Credit ia 15%. Closing costs will be added back to the loan balance if the loan is paid off within one year.
|
|
Savings: (Current as of September 30, 2009 -- visit our rates page for current
rates.) |
|
Share and Custom Savings & Holiday Club
Share and Custom Savings & Holiday Club
Prime Money Market
Money Market
Money Market
Money Market
Money Market
Share Draft Checking
|
APY
0.25%
0.35%
1.00%
0.70%
0.80%
1.10%
1.30%
0.15%
|
Balance to
obtain APY
$25 - $4,999
$5,000 - $9,999
$7,500 & over
$10,000 - $24,999
$25,000 - $99,999
$100,000 - $499,000
$500,000 & over
$0.01 |
|
The above accounts are variable rate accounts and rates are subject
to change. The Annual Percentage Yields (APYs) are accurate as of September 30, 2009. Fees could reduce
the earnings on the accounts. JHFCU is a member owned financial cooperative that pays dividends
based upon available earnings. Federal regulations prohibit the payment of dividends in excess of
available earnings.
Call 410-534-4500 or click
here for rates on Certificates and IRAs.
Contact an employee for additional terms and conditions on accounts.
For information on First Mortgages, call
Financial Security Consultants at 410-823-3300
|
|
|
|
