wealthE-NEWS Monthly Newsletter

December 2012

Welcome to wealthE-NEWS, brought to you by United Educators Credit Union. Thank you very much for your interest in this service! Our goal through this monthly newsletter is to keep you updated on consumer tips and money management information, as well as credit union news and announcements.

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Thanks!

CONTENTS:

MONEY MANAGEMENT

Holiday Scams Alert
Did You Know?
December Tip of the Month

WHAT'S NEW CU?

2013 Scholarships Now Available!
Holiday Hours

MONEY MANAGEMENT

Holiday Scams Alert

Alert Details

Consumers around the country are gearing up for the holiday shopping season. Fraudsters are also preparing for the holiday season to prey upon unsuspecting consumers. Ongoing awareness of these scams is critical to help members protect their personal and financial information this holiday season.

Risk Prevention Tips

  • Secure home computers and mobile devices: Members should ensure their home computers are secured with a firewall and antivirus software before performing any online transactions. Operating system patches should be downloaded when made available by software vendors. Members should also protect mobile devices (mobile phones, tablets, etc.) used to conduct online transactions by installing antivirus software.
  • Phishing scams: Members should not respond to emails, text messages, and phone calls that advertise the sale of gift cards, holiday gifts, promotions, contests and jobs.
  • Be wary of holiday offers for free items: Members should avoid tempting holiday offers, such as free downloadable applications for smartphones, antivirus software, screen savers, ring-tones and electronic greeting cards, which may be infected with viruses and/or malware.
  • Be wary of shopping online at Craigslist and public auction sites: Members might purchase merchandise that is never delivered. Members should follow the best practices published by Craigslist and other public auction websites to avoid scams.
  • Be wary of social media scams: Fraudsters often place bogus advertisements for free prizes on social media sites. Members should be instructed to not respond to these advertisements.
  • Bogus charity scams: Members should confirm the legitimacy of the charity through the Better Business Bureau.
  • Monitor accounts: Members should periodically monitor their deposit and credit card accounts to identify any unauthorized transactions. Members should be instructed to immediately report unauthorized transactions to the credit union.
  • Report scams to the Federal Trade Commission at www.ftc.gov or call toll-free 1.877.FTC.HELP (1.877.382.4357).

© CUNA Mutual Group, 2012. Insurance products offered to credit unions are underwritten by CUMIS Insurance Society, Inc., a member of the CUNA Mutual Group. This RISK Alert is intended solely for CUNA Mutual Group Fidelity Bond policyowners to prevent fraud losses. Any further distribution of this information could subject you to liability under common law and various statutes including the Fair Credit Reporting Act. CUNA Mutual Group does not provide any warranties or guarantees with respect to the performance of services by any vendor, and is not liable for any products or services purchased from any vendor by any credit union. Each credit union is ultimately responsible for determining the products and services that it may require, selecting the vendor that best meets the credit union's needs and contracting directly with that vendor.

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Did You Know?

We are pleased to announce a new and improved online loan application Third Party Website! You can securely apply for a credit union loan anytime, from your computer or mobile device. The application just takes a couple minutes to complete, and a credit union loan officer will contact you back within one business day. Check it out today!

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December TIP OF THE MONTH:

TIP OF THE MONTH

Overwhelmed with Holiday Debt? Transfer your high interest balances to UECU VISA® Platinum card and receive 6.99% APR* on Purchases and Balance Transfers until March 2014! Both purchases and balance transfers made before March 31st will stay at this reduced rate. With no annual fee, no balance transfer fee, and ScoreCard Reward® points Third Party Website, you could put some extra dough in your pocket!

Current Visa Cardholders, click here for your Balance Transfer Packet. Or, contact us for additional information today!

* APR means Annual Percentage Rate. Purchases and balance transfers made November 6, 2012 - March 31, 2013 will receive the promotional rate of 6.99% APR. The promotional rate is valid until March 31, 2014. After this day, any remaining balance will revert to the current variable APR. The balance transfer will show on your statement as a cash advance. Payments received will be applied first to fees, finance charge, promotional transferred balances and then any outstanding UECU credit card balance. Minimum amount of balance consolidation = $100. Please refer to the UECU VISA® Agreement & Truth in Lending disclosure for a complete description of how finance charges are calculated. This offer does not apply to balances owed or transferred from existing United Educators Credit Union debt(s). All loans are subject to credit approval.

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WHAT'S NEW CU?

2013 Scholarships now available online!

$2,000 Educator Award
One award will be granted for professional development in the education field. Teachers, Administrators, Support Personnel - all members that work in education are eligible to apply.

$1,500 Education Major Award
One award will be given to a student majoring in Education and entering their Junior or Senior year in the fall of 2013. Applicants must be attending an accredited college or university in the state of Minnesota or be a United Educators Credit Union member or the child or grandchild of a member.

Amanda Bradac

$1,000 Student Awards
Three awards will be given for the post secondary education of graduating high school seniors. United Educators Credit Union members or children, grandchildren or dependents of members are eligible to apply.

Deadline to apply is February 1, 2013. Apply Today!

"I want to do all of my banking with UECU! I am an education major and I like that UECU has been providing financial services to educators for over 50 years. In addition, they offer free financial literacy curriculum, grants and scholarships. I will definitely be applying for one of their education major scholarship! I want to be part of a credit union that understands the needs of teachers."

Amanda Bradac
Student of University of Minnesota
UECU member since 2012

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Holiday Hours

Closing at 12:30pm on Christmas Eve - December 24th, 2012
Closed all day Christmas Day - December 25th, 2012
Closing at 4:00pm New Years Eve - December 31st, 2012
Closed all day New Years Day - January 1st, 2013

HAPPY HOLIDAYS FROM YOUR FRIENDS AT UECU!

HAPPY HOLIDAYS FROM YOUR FRIENDS AT UECU!

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wealthE-NEWS is a monthly, permission-based publication of United Educators Credit Union sent only to those who have requested it. If you have received it by mistake or wish to discontinue receiving it, please click on the link at the very end of this message. Your subscription is free and you may discontinue it at any time. Feel free to print and distribute wealthE-NEWS as you wish. Please consider forwarding this newsletter to any others who may be interested. If you receive this update as a sample or from a third party, you may sign up to continue receiving it by clicking here.

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