Summer 2008
Hot Summer Savings &
Cool Cash For Gas!
 Come celebrate 70 years of service with us! Our Summer Vehicle
Loan Special* will help get you into a new or used vehicle,
motorcycle or boat. If you are tired of pumping high cost fuel
into your gas-guzzler, or if your current ride has seen better days,
then this summer is definitely the time for that new or used
vehicle you’ve been thinking about. Get pre-approved today, and
spend your summer your way.
We know finding the right car, motorcycle or boat involves
difficult, time-consuming choices. But with our Vehicle Loan
Specials, finding the right loan has never been easier! Through
October 31st, when you finance your next new or used car,
motorcycle or boat with us (or refinance a loan from another
lender), you’ll get a great rate, cash for gas, and .25% APR* off
our already low vehicle loan rates.
Penn East FCU offers:
- Financing Up To 100%
- Flexible Terms Up To 72 Months
- Rates That Suit Your Budget
Whether you’re looking to stretch your gas money with a
motorcycle or a hybrid, spend your summer aboard your new
boat, or buy your first car, we’re here to help!
 Sheetz® Gift Card Bonus!**
You’ll receive a $70 Sheetz® Gift Card at loan closing to get
you started down the road when you close on a Vehicle Loan
between July 1 and October 31!
Apply Your Way!
Stop by either office or call a Loan Officer to apply. You can even
apply after hours over the phone by calling (570) 342-2720 and
selecting Option 3. Members with Home Banking can apply
online – simply log in to Home
Banking and click on the Applications link at the left. Don’t delay,
this offer expires October 31, 2008!
Sheetz® is not a sponsor or co-sponsor of this promotion. Penn East FCU is not affiliated with Sheetz®.
*APR=Annual Percentage Rate. Rates and terms are based on creditworthiness. Rates are subject to change
without notice. Loan rate received at closing will remain in effect for the life of the loan.
**$70 Sheetz® Gift Card given at loan closing. Offer valid 7/1/08 – 10/31/08, on new or used Vehicle Loans or
refinance from another institution (current Penn East FCU loans are not eligible).
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Escape With Our Vacation Loan Spectacular
 Pack your bags and escape! You’ve worked long and hard all year and now it’s time for some
summer fun. Whether your ultimate destination is relaxing at the beach or in the mountains,
somewhere exotic or even in your own backyard, Penn East FCU’s Vacation Loan is here to help you
kick the summer off right. Through July 31, you can borrow up to $4,000 for 18 months!
Our low rate Vacation Loan can help you fund a great vacation or afford any other seasonal expense.
Perhaps you need some new patio furniture, landscaping, or camping equipment. Or maybe you
have a family vacation or summer camp for the kids in mind. Whatever your need, we make it easy
for you to get away from it all!
Apply Now!
See a Loan Officer today and start making your travel plans tomorrow! You can even apply after hours over the phone by calling
(570) 342-2720 and selecting Option 3.
*APR= Annual Percentage Rate. The Annual Percentage Rate is the advertised rate. The rate you receive is based on creditworthiness. Rate is subject to change without notice. Offer valid 06/01/08 – 07/31/08.
Travel Tips
Preparation is the key to a worry-free vacation. Here are a few tips to help you
cruise through your summer trip planning:
- Enjoy luxury vacations but only have the budget for economy class? Plan your trip
realistically with a tentative budget and schedule.
- What is your definition of “roughing it” – a campsite or a four-star hotel? Be sure
to tell your travel agent about any special needs, expectations or requests.
- Does Fido deserve a vacation, too? Let your trip planner know if you plan on
bringing the family pet.
- Leaving the country? You’ll need a passport and possibly a visa or health
documentation.
- How do you say…? If you’re headed to a country where English isn’t spoken,
learn a few phrases ahead of time.
- Is your destination safe? Check with the U.S. Department of State at www.travel.state.gov/travel/.
Source: AAA Club, 2007
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Volunteer Today – Race For The Cure!
 Come join the fun! The Annual NEPA Chapter Susan G. Komen Race for the
Cure will be held Saturday, September 13, 2008 in Downtown Scranton. The
Race for the Cure features a 5K run (3.1 miles), a 5K walk and a one-mile fun
walk. The race starts promptly at 8:30 a.m.
We’re inviting our members to be part of our team of caring community
volunteers! Penn East FCU is proud to sponsor the race entry fee up to $1,000.
Participants are also asked to collect donations to aid the cause. Members of
Team Penn East will receive our t-shirt to wear the day of the race as well as a
Race for the Cure t-shirt.
Learn More
You can contact Katelyn McManamon at (570) 342-2720,
extension 211, e-mail kmcmanamon@penneastfcu.org, or stop in
either location for a registration form before August 13. Join us for
this great community event and walk or run for Team Penn East!
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Earn More With A
Money Market Account!
Your Penn East FCU Money Market Account just got even better! We’ve made some
great changes to our Money Market Accounts offering you greater flexibility.
 New Features!
- Your Money Market
Account has check –
writing capabilities!
- FREE first box of checks!
Order your checks now.
Please Note:
- Money Market Account
transactions are limited
to six pre-authorized
withdrawals/transfers per
month (three by check).
- If you exceed the transaction
limits listed above there will
be a $10 Excessive Funds Fee
assessed each time.
- Your account suffix will be
changed to the number “1,”
instead of the letter “M” or
other letters used.
- Remember, deposits can be
made at any time.
With a Money Market Account at Penn East, earning a high dividend rate on
your savings doesn’t require putting your funds at risk. A Money Market Account
offers higher savings yields than a Regular Share Savings Account. Start earning a
competitive dividend rate right away. The higher your balance, the more you earn!
Plus, with a Money Market Account, you don’t have to lock your funds away for a
set period of time to earn the higher yield savings rate. You’ll also enjoy monthly
statements and no minimum withdrawal amounts or early withdrawal penalties.
Your savings is insured by the NCUA, an agency of the federal government.
Who Should Open A Money Market Account?
Are you between investments? Are you saving for a new home? Do you need money
for a new car? Are you worried about having enough money for retirement? Or are
you just looking for a high-yield, low-risk savings option?
If you answered “yes” to any of the above questions, you could benefit from a Penn
East Money Market Account.
Check Out Our Rates!
Call Member Services today at (570) 342-2720 or stop by the credit union
for more information or to open a Money Market Account. Visit us online for current savings rates. When it comes to saving, there
is no time like the present!
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Back-To-School
Loan Special
  School’s out and summer’s here! But before you
know it, you’ll be thinking about Back-To-School
supplies. Shopping for all of your needs is now even
more affordable with Penn East FCU’s Back-To-
School loan special. Whether you need assistance
with tuition, books, a new computer, clothes or
activity fees, Penn East FCU has got you covered.
From August 1, 2008 through September 30, 2008,
members can borrow up to $4,000 for 18 months at
rates as low as 7.70% APR.*
APPLY TODAY!
Stop in to speak with a Loan Officer. We’ll be
happy to review your credit with you, discuss your
payment options and help put together a loan
package that works for you!
*APR=Annual Percentage Rate. Rate received based on creditworthiness. Offer valid
between August 1, 2008 and September 30, 2008. Rate subject to change without notice.
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New Disclosure For ACH Transactions
With respect to wire transfers or other transfers of funds, not governed by the Electronic Funds
Transfer Act, you agree to enter into and comply with our wire transfer (if applicable) agreement
and to comply with our security procedures and this section. We advise you that any receiving
financial institution (including us) is entitled to rely on any account or bank number which
may identify a party different from the person or entity you have described by name in any
transfer order.
(a) Provisional Payment. Credit given by us to you with respect to an ACH credit or wholesale
(wire) funds transfer entry is provisional until we receive final settlement for such entry through a
Federal Reserve Bank. If we do not receive final settlement, you are hereby notified and agree that
we are entitled to a refund of the amount credited to your account in connection with such entry,
and the party (the originator of the entry) making payment to you via such entry shall not be
deemed to have paid you the amount of such entry.
(b) Notice of Receipt. We will notify you of the receipt of payments in the periodic account
statements we provide to you. You acknowledge that we will not give next day notice to you of
receipt of an ACH or wholesale (wire) funds transfer item.
NOTICES. The following terms apply to notices relating to your Account.
(a) Notice of
Amendments. You agree that the terms and conditions of the Agreement, including without
limitation all rates, fees, and charges, may be amended by us from time to time. We will notify
you of amendments as required by applicable law. Your continued use of the Account evidences
your agreement to any amendment. Notice will be sent to the most recent address shown on our
records for your Account. Only one notice will be given in the case of joint account holders.
(b)
Name and Address Changes. It is your responsibility to notify us of any change in your address
or name. We are required to honor items drawn only on the listed Account name. Further, we are
required to attempt to communicate with you only at the most recent address provided to us.
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Quick Notes
Holiday Closings
Independence Day
Friday, July 4
Labor Day
Monday, September 1
Columbus Day
Monday, October 13
Penn East FCU
Volunteers At
St. Joseph’s
Center Auxiliary
Summer Festival
Join Penn East FCU employees at the
Annual Summer Festival of St. Joseph’s
Center Auxiliary. The Festival, the
biggest backyard picnic in Northeastern
Pennsylvania, will be held on the
campus of Marywood University
July 25 – 27, 2008. Stop by for some
delicious food, take a chance on a prize,
or visit your friends from Penn East as we
volunteer on July 26, 2008 from 4:00 p.m.
to 8:00 p.m. at the ever-popular potato
pancake stand. Proceeds benefit the
St. Joseph’s Center in Scranton.
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