Winter Member Connection

Visit us online at peoplescu.com

WINTER 2021

Member Connection Dear Member,

Locations

As we closed out 2020, your Credit Union continued its solid financial performance. We sincerely appreciate that you provided us the opportunity to serve your financial needs and remained patient as we continued to balance convenience with member and employee safety.

Thank you.

Bristol 50 Gooding Avenue 401.253.6500

Most of us are thankful to have 2020 behind us and are looking forward to moving past COVID-19. To that end, we have several significant initiatives in 2021 that we are excited to share.

Middletown 858 West Main Road 401.846.8930

Currently, we are installing new ATMs at every location. These ATMs have improved functionality and resiliency, which will improve your experience. We also recently launched two new products: Save myChange and Student Checking. Save myChange adds a roundup feature to your debit card purchases, transferring the difference from your purchase amount and next highest dollar amount to a premium priced savings account. Our new Student Checking product was built to really serve the needs of students. It comes with ATM surcharge rebates and a feature we call “next day forgiveness”. More information on these products can be found on our website.

Portsmouth 2537 East Main Road 401.683.3166

Later in 2021, we will be launching our data warehouse. This will allow us to more easily analyze trends and member preferences to make better decisions, that will benefit you, our members.

At the end of 2021, we plan on implementing a new online/mobile banking platform, which will provide you with more functionality and greater ease of use. These initiatives are significant investments of both people and dollar resources but are necessary to ensure that we continue to provide you an outstanding member experience. We look forward to sharing our progress throughout 2021.

Sean Daly

President & CEO

Federally insured by NCUA. People’s Credit Union’s NMLS ID#: 439939

North Kingstown 7490 Post Road 401.885.9660

Newport 43 Memorial Boulevard 401.846.1965 Wakefield 150 Old Tower Hill Road 401.789.5551

Community Giving People's Gives Back People’s Credit Union recently made three $10,000 donations to area nonprofit organizations. Recipients were the Boys and Girls Club of Newport County, the Martin Luther King, Jr. Community Center and the East Bay Community Action Program. These donations will support services focused on child and family wellness and hunger assistance programs.

“As a local credit union, it’s our responsibility to support and invest in the communities that we serve,“ said Sean Daly, People’s Credit Union’s President & CEO. “Quality childcare and youth programs are a vital investment in our community that need our support now more than ever and it goes without saying that food security is a very real issue with the impact that COVID-19 has had on some of our most vulnerable citizens.”

New ATM Rollout We are pleased to announce that on Wednesday, January 27 we began updating our fleet of Automated Teller Machines (ATMs). These new ATMs will provide a significantly improved experience.

“ As a local credit union, it’s our responsibility to support and invest in the communities that we serve.”

– Sean Daly, People’s Credit Union’s President & CEO

To replace each machine, we will need to make the ATM unavailable for several hours. Please note the following schedule of ATM closures: North Kingstown Drive-up: Tuesday, February 9 Wakefield Walk-up: Thursday, February 11 Middletown Drive-up: Will be closed Friday, February 12, through Wednesday, February 17, as extensive work is needed to replace the ATM building.

For those simply making withdrawals from your account, transferring funds between accounts or checking your balance, you will find the screens more intuitive and transaction times faster.

Middletown Walk-up: Thursday, February 18

For those making deposits, you will no longer need to fill out an ATM deposit envelope to complete your cash and/or check transaction. Your cash and checks can be inserted directly into the ATM deposit receptor.

Newport Walk-up: Upgraded on Thursday, February 4

PEOPLE’S CREDIT UNION

Portsmouth Drive-up: Tuesday, February 23 Completed Installs Include: Bristol Drive-up: Upgraded on Wednesday, January 27 We apologize for the temporary inconvenience that these ATM closures will cause, but we believe the new machines will provide a much better member experience.

Our enhanced fraud monitoring and notification system is designed to give you an added level of security and protection when using your debit card.

Protected.

You may receive emails, calls and texts regarding what appear to be suspicious transactions:

1. You will first receive an email from the address noreply @enfactnotifcations.com alerting you to the suspicious transaction with instructions on how to confirm the validity of the transaction. Please call the telephone number provided in the email, enter the Case Identification Number when prompted, and then answer the subsequent prompts as applicable.

2. If you do not respond to the email, within minutes you will receive a follow-up text message from the number 877.272.5740. If it is a Text (SMS) message the number will be displayed as 37268. Please reply “Yes” if the transaction was valid and “No” if you do not recognize it.

3. If you do not reply to the text, our fraud monitoring system will call the phone number we have on file for your card. The phone number calling you will be 844.682.4502. You will then be directed to confirm or deny the validity of the transaction.

Enjoy your home more, for less.

2.25%APR

*No closing costs

Fixed Rate Home Equity Loan Federally insured by NCUA

*Annual Percentage Rate (APR) is subject to change without notice. Advertised APR based on a credit score of 720 or higher with a maximum Loan-To-Value (LTV) of 70% and first lien position. Other rates and terms available based on creditworthiness. Account subject to individual approval. 1-4 Family Owner-Occupied, Condominium or Second Home (which is not a rental property) only. Property insurance (and flood insurance if applicable) is required. All loans over $250,000 will require a full appraisal and attorney closing. Additional fees will apply if held in trust or with power of attorney. Monthly payments do not include insurance and taxes. Monthly payment for loans with maximum LTV of 70% is $9.31 per thousand borrowed for 120 months. Monthly payment advertised is for 120 month term. Other conditions may apply. Please consult a tax advisor regarding the deductibility of interest. See branch for full details.

PEOPLE’S CREDIT UNION

Let us help you get the most out of your People’s Credit Union Account Manage your ATM/Debit Card online

Deposit a check through our mobile app

Have a trip coming up or need to make a purchase for an amount over your debit card limit?

Did you know that you can deposit your checks from the comfort of your own home?

Let us know when you are heading out of town so we can make sure your debit card is secure and ready to be used.

Deposit checks from anywhere and receive an immediate email or text confirmation for each deposit you make. Deposit multiple checks (checks must be submitted individually) and view your recent mobile check deposit history.

• In the desktop version of your myBanking™ profile, you can request a temporary card limit increase and turn your card on and off under the “Manage my ATM/Debit Card” page within the “Service Center”.

• Within the PCU myMobile™ app, you can utilize the “Card Controls” menu to turn your card on and off and to restrict certain types of debit card transactions.

• In both the desktop site and the mobile app, you can order a new debit card and can notify People’s of upcoming travel plans to prevent any interruption with using your card while traveling.

1. Download our mobile app (myMobile™) 2. Select “Deposit a Check” from the menu 3. Select which account to deposit to 4. Enter amount of check 5. Take a picture of the front and back of your endorsed check

We appreciate your referral and for every referral you make that results in a new account, you can earn a $10 amazon.com gift card.

It is as easy as 1, 2, 3.

1. Refer a Friend 2. Your Friend Opens a Checking Account 3. Get Your Gift!

Refer a friend !

PEOPLE’S CREDIT UNION

Visit https://www.peoplescu.com/aboutpeoples/refer-a-friend-today to get started!