T H E M O N T H LY N E W S & S E R V I C E U P D AT E F O R N A S A F E D E R A L C R E D I T U N I O N A M B A S S A D O R S
UELY
N O V E MJ B
R 2003
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www.nasafcu.com/ambassador
Have A Question?
Get An Answer Fast.
Take A Fresh Look At Your
Benefits Plan
Now your employees can get all the answers about
NASA Federal Credit Union membership and services
answered quickly and efficiently. Just type in a
question in our “Ask A Question” box at the top of
www.nasafcu.com. Once you hit “go,” a database
will provide results to your question and others like it.
If by chance, it’s a new question and no answer is
available, you have the option to send the question to
a NASA Federal expert. You’ll receive your answer by
e-mail quickly and efficiently. NASA Federal’s new
“Ask A Question.” It’s the easy, fast way to get
an answer.
our benefits plan is a work in
progress. Each fall brings revised
health insurance contracts to
consider and your organization might
compare the overall cost of benefits in
relation to earnings. But insurance is just
one piece of the overall benefits package.
Now is a good time to take a comprehensive
look at your total benefits package. There
are a number of triggers that might indicate
it’s time to make a change:
Get Interest Up-Front!
To Spend. To Save. To Gift.
Who couldn’t use extra cash this shopping season?
Get your interest up-front with NASA Federal’s new
Interest First Certificate. Just open a 5.0% APY*
12-month Interest First Certificate and receive your
interest up-front. That’s right – NASA Federal actually
pays you the interest at the start of the deposit period.
What could you do with extra cash this holiday season?
Use it to buy gifts, pay bills or sock it away for a rainy
day. Open your Interest First Certificate today. Call
301-249-1800 or 1-888-NASA-FCU (1-888-627-2328),
ext. 603, and speak with a Savings specialist.
*Annual Percentage Yield. Offer applies to a special 12-month
certificate. Minimum $1,000 deposit. The interest rate will be
fixed for the agreed period. Dividends will be deposited to the
applicant’s primary savings account approximately 15 days after
the certificate is opened. Upon early withdrawal, a penalty equal
to the amount of interest paid up-front will be deducted from the
principal balance. This account will not automatically renew at
the end of the term. The balance will be transferred to the primary
savings account on the maturity date. Offer subject to change
without notice. Credit Union reserves the right to limit the dollar
amount deposited into the Interest First certificate by a single
member. Cannot be combined with any other certificate offer.
Earn Cash Back When You Shop
Let NASA Federal reward you and your employees
every time you shop. With the NASA Federal Visa®
Check Card, you earn cash every time you make
a purchase. Buy holiday gifts … get cash back. Pick
up groceries … get cash back. Buy online … get
cash back!
In fact, make a purchase at any retailer that accepts
Visa and get 5¢ when you sign and 2¢ when you use
your PIN! Earn up to $250 a year. It’s automatic. It’s
free. And, it’s the card that pays you back.
To request a card, go to www.nasafcu.com/checkcard,
visit any branch office or call 301-249-1800 or
1-888-NASA-FCU (1-888-627-2328). For complete
details, go to www.nasafcu.com/cashback.
Y
n Economic factors: Because health care
costs have risen steeply in recent years,
you may be considering the elimination
of one or more benefits, such as disability
insurance or vision care. Before you take
away a benefit, however, take into account
how employees will perceive a major
modification to their coverage. It may be
better to ask your employees to pay more
in deductibles and co-pays than ask
them to give up benefits they really like.
n Increased turnover: An increase in your
turnover may signal that your benefits
program is no longer competitive.
n Change in demographics: Check
frequently to make sure your benefits are
adequately serving your employee
demographics. A qualitative approach to
looking at your company’s workforce by
age, gender, marital status and other
characteristics may suggest you’re not
meeting the needs of each category. For
example, younger people want time off
and money while older people want
401(k)s and good medical coverage.
n Rapid growth or downsizing: A five or
ten percent staffing change, up or down,
should trigger a renegotiation of some types
of benefits, since vendors offer different
pricing at various workforce levels.
n Staff Comments: Listen to staff. If a
significant number of employees are
asking for benefits you don’t have, it’s
a sign you may be out of step with
your competitors.
n Remember to promote NASA Federal
Credit Union membership in your
benefits review. Credit union membership is an important element of your
benefits program. Free to your organization and the employee, credit union
membership offers your employees a
safe and convenient way to save, an easy
and economical way to borrow and the
friendly service that comes with a credit
union like no other on earth.
We have many special materials to help
you promote credit union membership. Just
ask. Call 301-249-1800 or 1-888-NASA-FCU
(1-888-627-2328), ext. 435 or write to
nketay@nasafcu.com.
More Free ATMs Make Accessing
Your Money Easy
N
o more carrying large sums of
money, worrying about getting to a
credit union branch office or paying
service fees to withdraw cash. Employees
now have free ATM access at more than
25,000 CO-OP Network ATMs across the
country and many ATMs take deposits!
Look for these free ATMs at most area
7-Elevens and WAWAs or go to
locations.nasafcu.com to locate NASA
Federal branches, free ATMs, deposit-taking
ATMs and CU Service Centers. Maps and
driving directions are there too. Select the
services you’re looking for, choose your
desired location and you’re on your way to
free ATM access.
You and your employees are never far
away from your money when you bank with
NASA Federal. Go to locations.nasafcu.com
to find a branch office or ATM where you
live, work, shop or travel.
TURN THE PAGE for news from NASA Federal Credit Union and POST TODAY to share the credit union advantage with your employees!
News From Your Credit Union
Get Your Interest
UP-FRONT!
Interest First Certificate
%
5.0
APY*
12-MONTH
To Spend. To Save. To Gift.
*Annual Percentage Yield. Offer applies to a special 12-month certificate. Minimum $1,000 deposit. The interest rate will be fixed for the agreed period. Dividends will be deposited to the
applicant’s primary savings account approximately 15 days after the certificate is opened. Upon early withdrawal, a penalty equal to the amount of interest paid up-front will be deducted
from the principal balance. This account will not automatically renew at the end of the term. The balance will be transferred to the primary savings account on the maturity date. Offer
subject to change without notice. Credit Union reserves the right to limit the dollar amount deposited by a single member. Cannot be combined with any other certificate offer.
Visit Any Branch Office or Call 301-249-1800