2009 Winter Newsletter          

Summer Signature Loan---------For the month of July          

up to $5,000 at a special rate of 9.9% apr-------apply today!        

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Summer Fun....visit your favorite theme park!

The credit union has tickets for Magic Mountain........Sea World........Universal Studios and Legoland...........get your tickets today!

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Members with VISA or Master-card Debit cards should notify the Credit Union of any telephone number changes..........If there is questionable activity on your card the Fraud Department will be able to contact you immediately.

Travel Notification should be given to avoid ATM/Debit card transactions from being blocked.

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WARNING........TRAVELING RELATIVE IN TROUBLE SCAM

Beware of this type of scam. A caller stating a relative (usually traveling) is in jail and needs money wired to post bail, saying they are calling from the police station and need you to send the funds immediately. Take the time to listen to everything being said and then make every effort to contact the person.

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Changes that Impact New Home Loans and What They Mean to You

Are you looking to buy a new home? Perhaps you're thinking of refinancing your current home loan?  New regulations are changing the home loan process to protect you, as well as, provide you with additional information when you buy or refinance a primary residence or even a second home.  These changes impact the fees on your Good Faith Estimate (HUD 1) settlement statement, disclosures and the date the loan is able to close.  Prior to these changes your credit union has always strived to conduct business that reflect these new guidelines and now the mortgage industry is required to follow our example.

It's still a great time to buy a home, with low interest rates and motivated sellers.  Contact us today to find out more about how you can qualify for today's low rates.  There's never been a better time to buy or refinance a home!  Ask about our NO upfront cost HELOC to do that remodel you've been waiting to do or to payoff those high interest credit cards!  Call Marti Perez today at 661-861-6151 x 230 or direct at 661-323-6181 to apply!

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 Retired City Employees-Feel like you're out of the loop on retirement issues? Contact  bakersfieldcityretiree@bak.rr.com to get back in the loop.  We're looking for ALL retired City employees!