8/30/10 – 9/11/10

Rates as Low as 2.99% APR*

Don’t let time pass you by…our Labor Day Loan Special is good only until         September 11, 2010.
Rates as low as 2.99% APR*

With Ohio Catholic’s great rates and terms, financing your vehicle loan with us is quick, easy and could save you a lot of money each month .  You could save hundreds of dollars over the life of your loan.

Call, Click or Visit to Start Saving Today!

* APR = Annual Percentage Rate. The Annual Percentage Rate is the advertised rate and available to applicants who meet all loan promotion requirements: term on loan must be 48 months or less, age of vehicle must be calendar year 2009 or newer, $15,000 minimum loan amount required, loan to value ratio must be 80% or less of NADA retail book value, credit score must be 750 or higher reported by TransUnion credit reporting agency, auto-pay from an Ohio Catholic Federal Credit Union account, and loan must close by 9/24/10.  APR may increase if $50 Loan Document Fee is included in loan financing.  Labor Day Vehicle Loan Special promotion is available 8/30/10 through 9/11/10.  Monthly payments will be fixed and spread equally across the life of the loan. No prepayment penalty. Standard loan terms apply. Auto loans currently financed through Ohio Catholic FCU cannot be refinanced with this offer.  All other vehicle loan discounts are not available with this special offer.  If you respond to this offer but do not meet the criteria for a loan at the time of your application or if you do not provide the required collateral, we may not be able to extend credit to you. Ohio Catholic Federal Credit Union may discontinue or change program without notice.

Please know that you Ohio Catholic Accounts have not been compromised and are safe. Please do not respond to these emails or open the attachments. Ohio Catholic would never contact a member via email to let them know there accounts have been frozen.

 If you have any questions, please let me know.

Stephanie Thomas, CUCE, BSACS
Operations Associate
Ohio Catholic FCU
Phone 216.663.6800 x259
Fax     216.663.2913

Learn More About the Student Choice Private Student Lending Program

The subject line of the e-mails state, ”you need to check your Bank Deposit Insurance Coverage.” The e-mail tells recipients that, “You have received this message because you are a holder of a FDIC-insured bank account. Recently FDIC has officially named the bank you have opened your account with as a failed bank, thus, taking control of its assets.” The e-mail then directs recipients to click on a link stating, “You need to visit the official FDIC website and perform the following steps to check your Deposit Insurance Coverage.”

This e-mail and associated Web site are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users’ computers and should not click on the link provided.

The FDIC does not issue unsolicited e-mails to consumers. Financial institutions and consumers should NOT follow the link in the fraudulent e-mail.

Criminals often use names of organizations we all know to lure users into clicking links that may infect their computer. Users should always ask themselves if an email makes sense. If not, never click links or open attachments in the email. If suspicious, contact the agency directly to verify legitimacy.

Dear Member,

Recently, Federal Regulators have made changes to the way credit unions handle overdraft services that requires your immediate attention. As your financial services partner, we want to be sure you are aware of the available overdraft protection options. Ohio Catholic offers you two forms of overdraft protection: Standard Overdraft Protection and Courtesy Pay Overdraft Protection. The following information should be helpful as you consider your options.

With Standard Overdraft Protection, Ohio Catholic will honor your pre-set instructions to take the funds from one OCFCU account and place it in another OCFCU account in order to cover a shortage of funds. Fees may apply after your 6th transfer from any type of savings account. To connect your standard savings, money market savings, and share draft (checking) accounts, visit any Ohio Catholic Branch and an associate will be happy to assist you.

Courtesy Pay Overdraft Protection covers your insufficient funds, up to $500, for a fee of $25 per covered transaction. Courtesy Pay Overdraft Protection allows Ohio Catholic to provide a higher level of service to our members by helping protect your account and reputation when an inadvertent overdraft occurs. Ohio Catholic will continue to honor checks and other transactions made using your checking account and automatic bill payments as it has in the past.

After August 15, 2010, Ohio Catholic will not be able to authorize and pay overdrafts for ATM and one-time debit card transactions unless you OPT-IN. ATM and one-time debit card transactions will be declined if funds are not available. If you want us to authorize and pay overdrafts on ATM and one-time debit card transactions, you can OPT-IN by:

• calling Ohio Catholic at (216) 663-6800 or (330) 733-6002
• change Preferences of ‘My Overdraft Services’ through It’s Me 247 Online Banking How to change Preferences of ‘My Overdraft Services’ through It’s Me 247 Online Banking
• completing the Courtesy Pay Overdraft Protection Opt-In Form and sending it to the credit union at:
  • Ohio Catholic Federal Credit Union
    13623 Rockside Road
    Garfield Heights, Ohio 44125

If you do not OPT-IN by August 15, 2010, your ATM and debit card purchase may not be approved if you have insufficient funds in your payment account.

Call or stop by any branch location to sign up or to learn more about overdraft services and other money management tools available from YOUR credit union.

Sincerly,
Randy Trimm
CEO