Holiday Loan Specials (back to top)

Need a Little extra Cash for the Holidays?
Take advantage of Police FCU’s Holiday Loan Specials:

Special Holiday Loan

• Up to $1,500
• Up to 11 month terms
• Rates as low as 8.74% APR*

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Holiday Skip-A-Pay

Need a little more money in your pockets for the holiday season? Skip your November or December payment with only 3 months of on-time payment history** Skip a single payment on one or more Police FCU loans.

• Just choose a month, select the loan payment you want to skip, fill out a Skip-A-Payment form, available online at www.policefcu.com, or at either branch.

• Skip-A-Pay is only $30 per loan for processing, and we can deduct the processing fee from your savings or checking account, sparing you the need to write a check. Don’t Delay! We need your signed authorization and fee at least 15 days prior to the pay date that you wish to skip. You can stop by the branch or fax it to 301. 817.1231.

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Special Holiday Quick Draw Loan

Don’t let the Grinch (AKA pay day lenders) steal your holiday cheer (or money). Police FCU has a much better alternative. Get up to $750† and extended holiday repayment – 5 months to cover you for the holidays.

• Member in good standing for at least 3 months
• Direct Deposit of your net pay; minimum $1,000/month
• No more than 3 Quick Draw Loans in any 6 month rolling period
• No active bankruptcy action To apply for your Quick Draw Loan, simply complete the application, provide a recent pay stub (within 30 days) and pay the $20 application fee. If you meet the above criteria, your loan will be ready for you within a few hours. To apply for our Special Holiday Loans, you can fill and submit applications online, by fax, by mail, or stop by either branch location. For more information, stop by a branch or call 301.817.1200 or 877. ARU.PFCU toll-free.

*APR = Annual Percentage Rate. Rates are subject to change without prior notice and are based on borrowers’ credit score. Certain restrictions apply. Payment example: for this special repayment would be $142.35 per month.
**Interest will continue to accrue on your loan(s) and the loan term will be extended. Home Equity Loans, Home Equity Lines of Credit, First Mortgage Loans and VISA® Credit Cards are not eligible for the Skip-A-Payment program. Restrictions Apply.
†Quick Draw Loan Payment Example: if you deposit $75 from a $750 Quick Draw Loan to a savings account with the Credit Union, we’ll lower your interest rate to 18% APR. Otherwise, your rate will be 24% APR. The total cost for a loan of $750 for 5 months would be either $54 or $67 including the $20 application fee depending upon whether you elect the savings option, and your monthly payments would be$156.83 or $159.14, respectively.

Leaves Are Dropping And So Are Our Auto Loan Rates! (back to top)

From November 1, 2011 - January 31, 2012, members can choose a 1% rebate (up to $300) or a 1% rate discount on their financing with Police FCU

NOW IS THE TIME! Take advantage of rates as low as 1.99% APR* with terms up to 63 months! Secure the best deal for yourself – with dealer rebates and end of year sales, and financing with us! Call or apply online today!

NEW! Carfax Reports, Now Available Through Police FCU
In the market for a used car? Carfax can help you avoid the risk of buying a car with costly hidden problems. Get a detailed vehicle history report from the Carfax nationwide database for the Police FCU member only price of $15, compared to $30, as published on the Carfax website.

*APR = Annual Percentage Rate. Rates are subject to change without prior notice. Rates and terms are based on applicant(s) credit history. Your actual rate may vary. Advertised rate reflects 20% down on a 63 month term and includes a 1.00% promotional discount, plus a 0.5% discount for Direct Deposit of $1,000, or more monthly, and a Police FCU checking account with check card. Example: On a $15,000 auto loan, at 1.99% APR for 63 months, your monthly payments = $250.95. Certain restrictions apply. Other rates and terms available. Please ask for details. Current Police FCU loans not eligible for refinance.!

Hopeline (back to top)

Donate your unused cell phone and accessories for a good cause. The Verizon HopeLine program utilizes donated cell phones and accessories as support for domestic violence victims. Police FCU is participating with NOBLE as a HopeLine drop off location. If you have a cell phone or cell phone accessories you no longer use, please consider donating them to the HopeLine program. The collection period runs through November 30, 2011.

EZ Deposit - Deposit Convenience has come home. Literally! (back to top)

Now available, Police FCU ez Check Deposit allows you to conveniently deposit checks to your Police FCU account from home using your scanner! Take advantage of this simple to use service now through your Police FCU online banking!

To post a remote deposit, simply:
1. Log into your Police FCU
2. Select ‘Remote Deposit’
3. Enter deposit information Online Banking account
4. Scan the check, verify, submit

It’s That Easy!

Contest Disclosures (back to top)

Contest Disclosures (from above): Police FCU VISA® Holiday Cash Promotion runs from Sunday, October 30, 2011 at 12:00am EST, through Saturday, December 24, 2011 at 11:59pm EST.

Eligibility:The winner must be 18 years of age or older, have a valid Social Security or tax ID number, currently have or open Police FCU checking and savings accounts in good standing, and a Police FCU VISA® Check Card. See account disclosure for complete details. One winner per household. One winner per week. Winner can only win once during this 8 week promotion.

Entries: For every point of sales transaction you make, using your Police FCU Visa® Check Card, you earn an entry into the weekly drawing! Your must reach 4 point of sale transactions to activate your entries (this equals 4 entries). Each point of sale transaction after that is automatically entered and is equal to one entry. Those who fail to make 4 point of sale transactions will not activate their entries.

Drawings: One name per week will be randomly selected from valid entries to win the weekly prize. For the purposes of this promotion, the week will run between Sunday 12:00am EST and Saturday 11:59pm of the week.

Transactions posted during the particular week are eligible for that week’s drawing. Please be aware that your point of sale purchase may not post same day. The drawing is reset every week. Police FCU is not responsible for merchant transaction post schedules. Drawings will be conducted by close of business, the following Tuesday, winners notified by that Friday (eg. Nov- 8, 15, 22, 29; Dec- 6, 13, 20, 27). The winner will be notified via phone within a week of the drawing. Entries are also available by hand-printing your name, address and phone number on a plain, 3” x 5” card and mailing it to Police FCU Holiday Cash Promotion, Attn: Marketing Dept., 9100 Presidential Parkway, Upper Marlboro, MD 20772. Limit one mailed entry per household, per week. No mechanical reproductions will be accepted. Must meet qualifications to open a Police FCU checking account. Maximum winning amount is $500; minimum is $25.

Odds of winning are unknown, but based on the total number of entries during the drawing period. We will provide the winner instructions to contact us and verify identity. If winner does not contact Police FCU within 14 calendar days, the winnings will be forfeited. The credit union will report the drawing prize, as required by applicable law. Member is responsible for applicable tax consequences. The winners agree to permit the credit union to use their name and likeness in credit union materials. Offer subject to change and/or cancellation at any time by Police Federal Credit Union without notice. Restrictions: Some restrictions apply. Credit union employees, volunteers, board members and their families are not eligible. Not valid where prohibited by law. Disclosure for 1099: The winner is responsible for all applicable taxes and will receive the appropriate IRS Form 1099 shortly after the end of the year in which the winner received the prize. No purchase or payment of any kind is necessary to enter or win this sweepstakes.