ROLL CALL NOVEMBER 2020
Read our newsletters at lapfcu.org/newsletters for the latest news, special offers, and upcoming events.
REFINANCE AND SAVE
BREATHE EASIER WITH LOWER PAYMENTS
If you’re struggling to manage multiple loans and credit card payments from various lenders, LAPFCU may be able to lower your rate, your monthly payment, or both. You might even be able to pay off your debt sooner. Whatever your financial needs, we can help you refinance and save. At LAPFCU, you can consolidate your debt into one convenient monthly payment, refinance a loan from another lender, transfer high-interest credit card balances, or apply for a personal loan or line of credit. We have a wide variety of loan programs with flexible terms to fit your needs. Plus, for a limited time, get $2001 and no payments for 90 days2 when you refinance your auto loan from another lender, with us. Don’t wait! Call (877) 695-2732 for a free review of your debt. Make sure to check PATROL Online Banking or our app to see if you’re already pre-approved for a loan or apply at lapfcu.org/refinance-save.
EXCLUSIVE OFFER: Get $2001 and no payments for 90 days2 when you refinance your auto loan from another lender!
1 Offer valid October 1, 2020 – December 31, 2020. Must refinance an auto loan from another lender, existing LAPFCU auto loans do not qualify for $200 credit. Borrowers with an 800 or above FICO score can only qualify for the offer if they select a 72-month or longer loan term. Lowest rate available for this offer is 2.49% APR (effective rate date of September 29, 2020). Refinanced auto loan must be at least $10,000 to be eligible for the $200 credit. The $200 will be credited to the primary applicant’s S1 Share Savings Account within 60 days after auto loan origination. Rates are subject to change without notice at any time. Actual APR offered may be higher depending upon applicant’s credit rating and other underwriting factors. Offer subject to change or cancellation at any time and other restrictions may apply. May not be combined with any other offers. Members who receive the $200 offer cannot refinance the new loan with LAPFCU again for a lower APR. Please ask for complete details. 2Number of total payments on your loan remains the same, and interest continues to accrue during deferred payment months. Deferring a payment may void your GAP insurance. Please consult your insurer for complete details.
JOIN US FOR THESE COMPLIMENTARY WEBINARS MANAGING AND REDUCING DEBT Tuesday, November 10
| 6-7 p.m. PT
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Gain financial stability during challenging times by taking control of your finances. Get strategies and techniques for reducing, consolidating, and ultimately eliminating debt. You’ll learn about how to benefit from debt consolidation or refinancing, the role of credit, how to prioritize payments for different loans, how to work with lenders and creditors, and how to avoid common pitfalls.
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WILLS, TRUSTS, AND ESTATE PLANNING Wednesday, December 2
| 6-7 p.m. PT1
Protect your assets and plan ahead to help preserve your loved ones’ financial wellbeing. Our live presenters will guide you through the process and options and discuss: wills and trusts, growing and maintaining your estate,2 and pandemic preparedness. Join us from the comfort of home for these live webinars. Register today at lapfcu.org/upcoming-events or call (818) 779-3393 for assistance.
Webinar times and dates subject to change or cancellation at any time.
2 Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the Credit Union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. Los Angeles Police Federal Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Before deciding whether to retain assets in an employer sponsored plan or roll over to an IRA an investor should consider various factors including, but not limited to: investment options, fees and expenses, services, withdrawal penalties, protection from creditors and legal judgements, required minimum distributions and possession of employer stock.
Law Enforcement’s Premier Credit Union Since 1936 • lapfcu.org • (877) 695-2732 0920-50 NOV Roll Call.indd 1
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SHOP LIKE A PRO The holiday shopping season is upon us. Whether you’re shopping in stores or from the comfort of home, you can count on our secure online and mobile banking services to help you stay on top of your finances. You can easily and conveniently view account activity, make check deposits and transfers, pay bills and people, and locate the nearest CO-OP ATM or shared branch. Plus, lock and unlock your LAPFCU ATM, credit, and debit cards if they are misplaced, stolen, or inactive with the Card Controls security feature. CONTACTLESS PAYMENT Make your LAPFCU credit or debit card your main payment source for greater ease and safety while purchasing gifts in a store. Simply add it as the default payment option in wallet apps such as Apple Pay, Google Pay, and Samsung Pay. Then, tap your phone to pay instead of reaching into your wallet to grab the right card or cash amount. It saves time, minimizes contact, and helps prevent your card from being lost or stolen. 24/7 ACCOUNT ACCESS To enroll in PATROL Online Banking, visit lapfcu.org, select LOGIN, and click Enroll. Call us at (877) 695-2732 if you need assistance. Download our free app1 for banking on the go from your phone. 1
Standard text messaging and data usage charge may apply by carrier.
LAPFCU’S SWORN APPRECIATION WEEK — NOVEMBER 16-20 We are grateful to the men and women of law enforcement who fearlessly protect and serve our community every day. As a credit union built by and for law enforcement, we created Sworn Appreciation Week to give thanks, celebrate, and honor our sworn members for their dedication and service. Starting Monday, November 16 to Friday, November 20, we invite sworn members to visit an LAPFCU branch for snacks and a free gift, while supplies last.
HOLIDAY CLOSURES
All branches are closed Thursday, November 26 and Friday, November 27 in observance of Thanksgiving. Online and mobile banking, and ATMs are still available. For 24/7 assistance, call our Member Contact Center at (877) 695-2732.
ANNUAL MEETING NOTICE HOLIDAY CASH PACKS ON SALE IN BRANCHES DECEMBER 7 Our branches will begin selling cash packs on December 7, SAVE THE one hour before opening for DATE! regular business. Once open for business, we’ll have an express line dedicated to cash pack purchases.
We invite all members to attend our Annual Meeting on Wednesday, January 27, 2021 at 1:30 p.m. Please visit lapfcu.org for additional information and updates.
Please note: Only $2 bills in $20 and $50 cash packs are available due to Federal Reserve restrictions during the pandemic. Los Angeles Police Federal Credit Union is a financial institution with over $1.1 billion in assets exclusively serving active and retired, sworn and civilian employees of Los Angeles County Law Enforcement, their families and select law enforcementrelated groups. lapfcu.org 24/7 Member Contact Center (877) 695-2732 For account inquires or access: • Visit PATROL at lapfcu.org • Call Code 3 Automated Telephone Banking at (877) 695-2732, Press 2
BRANCH OFFICES Van Nuys (Main Office) 16150 Sherman Way, Van Nuys, CA 91406
Academy
1880 N. Academy Dr., Los Angeles, CA 90012
Jesse Brewer
5651 West Manchester Ave., Los Angeles, CA 90045
Santa Clarita
Senior Executive Staff Edwin W. Hada, President/CEO Ron Guzman, Sr. VP, Operations & Member Relations/COO Angelino Cayanan, Sr. VP of Finance & Administration/CFO All inquiries or comments regarding this newsletter should be addressed to the Marketing Department at marketing@lapfcu.org.
All loans are subject to approval of credit. We conduct business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. All rates are subject to change. 0920-50 Like us on Facebook and follow us on Twitter for more LAPFCU news, financial literacy, fun articles and videos and more!
19195 Golden Valley Rd., Santa Clarita, CA. 91387
To apply for a loan: • Visit lapfcu.org • Call our 24/7 Lending Center at (877) 695-2732, Press 3
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