It's time to check in with your credit union! Here's your quarterly member newsletter.
People Helping People
The Bay Atlantic FCU team has always had a special place in our hearts for Children's Miracle Network at Children's Hospital of Philadelphia. Between our football fundraiser, Valentine's Day flower and candy sale, and St. Patrick's Day bake sale, we have raised over $1,000 so far this year!
Thank you to our staff for your dedication, and all of our members for your generosity.
Unleash the Power of Saving at Your CU
Don't miss out! You have until April 30th to take advantage of National Credit Union Youth Month. New youth savings accounts can be opened1 with a deposit of $12.50, which BAFCU will match. Get your child on track to financial success with a credit union account of their own! As a special added bonus, new youth account holders will receive a special gift for joining.
Annual Spring Auto Loan Special
Through May 31st, you can get the car you like at a rate you'll LOVE.
New vehicle loan rates as low as 3.24% APR2
Used vehicle loan rates are as low as 4.24% APR2
Easy Application: Pick up an application at our office or log into Virtual Branch online banking and apply online. Stay Protected: GAP Insurance and Debt Protection options are available3 for your convenience and peace of mind. Get Pre-Approved: Submit your application before you shop and lock in your rate on this limited time special offer.
We Hope to See You There!
Our 83rd Annual Meeting will be held on May 10th at 6pm. All members are invited to attend! Our BAFCU college scholarship recipients will be awarded, and voting will be held for the credit union’s Board of Directors4.
Please RSVP by May 5th by calling 856-696-2525 or emailing info@bayatlanticfcu.org
The Perfect Gift for Any Occasion
From May 1st through June 30th, enjoy Visa gift cards with no purchase fee!
Cards can be loaded with any amount ranging from $10 - $1,000. Save time and order your gift cards over the phone! Orders can be picked up in office with proof of ID.
Whether it's for Mother's Day, graduations, or Father's Day, a visa gift card is perfect for any occasion!
Be on the Lookout for these Red Flags
We recommend our members always be on alert to protect your personal information and finances. If you notice any of the following red flags, you may be dealing with a scam:
Sense of Urgency: scammers often attempt to instill a sense of urgency or threaten legal action to trick victims into responding quickly without investigating or thinking critically.
Personal Information: do not disclose sensitive personal or financial information when contacted unexpectedly. Most legitimate institutions and agencies will not request this information from you. You also should not relay temporary passwords or two factor authentication codes to a third party, as this may grant access to your accounts.
Unusual Payment Method: be wary of anyone requesting you make a payment via wire transfer, gift cards, or payment apps like CashApp or Venmo.
If you are ever concerned about the legitimacy of a phone call, letter, or email, never hesitate to contact a credit union representative for guidance. Our members' financial security is our number one priority!
Free Financial Education Webinars
Thanks to our partner BALANCE Pro, we're able to offer these free webinars to our members!
May: Financially Savvy Seniors
Retirement can be a great time for seniors if they are prepared financially. Attendees will learn about specific retirement concerns such as managing money, Medicare, Social Security, improving cash flow, insurance, investing, estate planning, and more.
June: Becoming a Homeowner
Homeownership starts well before the contracts are signed-- preparation is one of the keys to a smooth home buying process. This session covers all major pre-purchase topics such as budgeting, the down payment, credit reports, debt-to-income ratios, and the mortgage lending process.
Thank You for Being a Member
Through the member-owned, not-for-profit cooperative structure, credit unions save their members $13.5 billion on average annually. As a credit union, we have no stockholders, and always put our members ahead of the bottom line.
We recognize that the current financial climate may be concerning for our members and community. We'd like to take this time to thank you for your continued trust and support of Bay Atlantic FCU.
This newsletter was originally emailed to our members on 4/21. Don't miss out on credit union news, updates, and promos! Click here to subscribe to our email list.
Youth Month1: New accounts must be opened in person with a member service representative. Youth accounts are for minors age 17 and under. Parent or guardian must be present to open account. Other restrictions apply. Minor must be eligible for membership. See office for details.
Auto Loan Special2: *APR = Annual Percentage Rate. Rate based on creditworthiness of individual applicant and subject to change without notice. Existing BAFCU loans are not eligible for this promotion. Borrow up to 125% of NADA Clean Retail value. Regular qualifications apply. Must meet required criteria to be approved. Offer valid 04/01/2023 - 05/31/2023.
Auto Loan Special3: Additional options available but may increase loan value. Contact Lending for details 856-696-2525 ext 6011
Annual Meeting4: Any nominations from the floor during the Annual Meeting will be invited to address the membership for no longer than three minutes to introduce themselves and state their qualifications for the board position. For more information, contact the credit union directly at 856-696-2525