May Roll Call Newsletter

ROLL CALL MAY 2021

HOLIDAY CLOSURE:

Branches will be closed Monday, May 31 for Memorial Day. ATMs, online and mobile banking available. 24/7 assistance at (877) 695-2732.

FREE WEBINAR:

UNDERSTANDING AND IMPROVING YOUR CREDIT May 19 at 6:00-7:00 p.m. PT1 Register by focusing your smartphone camera on the QR code, or visit lapfcu.org/webinar. Call Angela at (818) 779-3398 for assistance.

LOCK IN A LOW MORTGAGE RATE AND SAVE Mortgage rates remain near historic lows, so it’s an ideal time to buy a new home or refinance your current home and save. And when it comes to financing, it’s important to choose a lender you can trust. LAPFCU has helped thousands of members achieve their financial and homeownership dreams.

PURCHASING A NEW HOME Find all your homebuying needs in one place. Enroll in our free HomeAdvantage® program to connect with a reliable real estate agent, find your dream home, and save with cash rewards.2 Apply for a new home loan at lapfcu.org/at-home.

REFINANCING YOUR HOME You can lower your monthly payment, change your term, take cash out, or consolidate your first and second mortgages. Apply for a home loan refinance at lapfcu.org or call (877) 695-2732, option 2 for assistance. We’ll take the time to review your current loan and together, we’ll find a solution that will help you achieve your goals.

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For a limited time, save with NO underwriting fees on a new home loan!1

1 The no underwriting fees offer (a $650 lender credit at closing) is valid from January 1, 2021 through June 30, 2021. Offer limited to home purchase loans only and will be applied at time of funding. Refinancing a current mortgage does not qualify for the no underwriting fee offer. This limited time offer may be discontinued at any time without notice. All loans are subject to credit approval and applicable LAPFCU policies. Other restrictions may apply, please ask for complete details. 2The HomeAdvantage program is made available to you through a relationship between LAPFCU and CU Realty Services. Program Cash Rewards are awarded by CU Realty Services to buyers and sellers who select and use a real estate agent in the HomeAdvantage network. Homebuyers or sellers are not eligible for Cash Rewards if they use an agent outside this network. Using LAPFCU for a mortgage is not a requirement to earn Cash Rewards. Cash Rewards amounts are dependent on the commissions paid to the agent. LAPFCU may have specific rules on how your Cash Rewards will be paid out. Cash Rewards incentives are available in most states; however, are void where prohibited by law or by the lender. Please consult with your credit union to get details that may affect you. 3APR = Annual Percentage Rate. 30-year fixed rate term payment example (rate effective April 8, 2021): A $250,000 loan would have a fixed rate of 3.000%/3.023% APR would have 360 monthly payments of $1,054.01. Payment example does not include closing fees, taxes, insurance, loan level pricing adjustments or third-party vendor fees. All advertised rates and terms are subject to change at any time without notice. All loans are subject to credit approval and applicable LAPFCU policies. Your actual payment may vary. Restrictions apply, ask for complete details.

Law Enforcement’s Premier Credit Union Since 1936 • lapfcu.org • (877) 695-2732 0321-25 May Roll Call.indd 1

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NEW: LOWER PERSONAL LOAN RATES Now as LOW as 7.490% Fixed APR1 Whether you want to consolidate debt or need to pay for unexpected expenses like auto repairs, taxes, a vacation, medical bills, a wedding ring, or even an important milestone event, a personal loan may be the solution you’re looking for. Personal loans (also called lifestyle loans) are a convenient way to pay for any important need, with no collateral required.

Now, you can get an LAPFCU personal loan

with rates starting at just 7.490% fixed APR when you qualify for our Member BenefitsSM program. Choose terms from 48 months up to 84 months with a stable, fixed rate, so there are no surprises on your monthly payments.

Plus, there are no prepayment penalties if you repay your loan early.

Apply for a personal loan today! Visit lapfcu.org/loans or call us at (877) 6952732 for assistance.

1 APR = Annual Percentage Rate. Minimum loan amount of $500 and the maximum loan amount of $100,000. To qualify for 7.490% fixed APR for 48 months requires a FICO score of 800 or greater and member must qualify for Member Benefits. Actual APR offered may be higher depending upon applicant’s credit rating and other underwriting factors (Member must participate in automatic payment program and qualify for Member Benefits program at time of funding). Go to lapfcu.org/member-benefits for complete details. 48-month term payment example: A 4-year loan at 7.490% fixed APR will have 48 monthly payments of $24.17 per each $1,000 borrowed. All rates, terms, and promotional offers are subject to change without notice. Cannot be combined with any other offer. Restrictions may apply, ask for complete details.

CONNECT WITH US THROUGH VIDEO APPOINTMENTS Save time and gas and connect with us from the comfort of home. Video chat with a friendly LAPFCU Associate safely and securely right from your smartphone or computer. We’ll assist you remotely with new accounts, loan applications, questions, and updating account information.

NATALIE NAHAS

ANGELA DENERSON

Book your free appointment today at lapfcu.org/bookings. Remember to turn your camera, microphone, and speakers on. We look forward to seeing you!

REFER AND EARN UP TO $500 PER CALENDAR YEAR1 LAPFCU membership is open to all Los Angeles County law enforcement personnel and their immediate family members.2 • G et $50 for each new member you refer to join LAPFCU • New members you refer get $100 when they: - Open a FREE checking account - Set up monthly direct deposit or ACH credit of $250 - Enroll in e-Statements and e-Disclosures Los Angeles Police Federal Credit Union is a financial institution with over $1.2 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 1

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

START REFERRING TODAY! Visit lapfcu.org/refer, use the ReferLive app, stop by an LAPFCU branch, or call us at (877) 695-2732.

REFERRAL REWARDS:

$50 for you, $100 for them!1

1 Current member and referred new member must be 18 or older. Referred new member must: (1) establish a new membership with LAPFCU; (2) open a new checking account; and (3) within 90 days of account opening: (a) complete one or more direct deposits or ACH credits of $250 or more per month and (b) enroll in e-Statements and e-Disclosures. The current member will receive a $50 Visa Reward Card and the referred new member will receive a $100 Visa Reward Card. Please allow 4-6 weeks for delivery of your Reward Card after completing all requirements of this offer. For the referred new member, the $100 is considered dividends and will be reported on the IRS Form 1099-INT. Restrictions apply. Cannot be combined with any other offer.

Please refer to referlive.com/lapfcu for complete details. 2Membership charter includes active and retired, sworn and civilian employees of county or municipal police departments or sheriff’s offices in Los Angeles County and their immediate families. Immediate family is defined as: spouse, domestic partner, child, sibling, parent, grandparent, grandchild, step child, step parent, step-sibling, adopted child, legal guardianships: Domestic partnership eligibility is limited to a member’s domestic partner, as defined in LAPFCU’s Affidavit of Domestic Partnership; legal guardianship is defined by a court order.

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. 0321-25 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 2

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