NFCU-Newsletter-1Q22

GET A HOME LOAN. GET UP TO $500 CASH BACK. PAGE 1 FIRST QUARTER 2022

CHOONWMEN’REEE YCLOOTURIAONN FOR A LIMITED TIME ONLY! With approved credit. Some restrictions apply. APR = Annual Percentage Rate. Interest rates are subject to change without notice. Promotion valid January 4, 2022 to March 31, 2022. Must complete the loan application process for a qualifying home loan by March 31, 2022 to receive the promotional prize. Receive $500 for loans over $150,000, receive $400 for loans over $100,000 and receive $300 for loans $20,000 - $100,000. On new money only. Prize must be Your savings federally insurerdedtoeaetmleaesdt $w25it0h,0i0n03an0ddbaacyksedof funWditihnagpp.roOvnedecrpedriitz. Seompeerreshtroicutiosneshapoplldy..APMRa=yAnnnoutalbPeercecnotamgebRiantee.dIntwereistthRaatens yareostuhbejerctotoffchearnsg.e.SPeroemoNtieonchvaelisd JFanCuUaryf4o,r20c2o1mplete details. by the full faith and credit of the United States Government. to March 31, 2021. Must complete the application process for a qualifying home loan by March 31, 2021 to receive the promotional prize. Receive $500 for loans over $150,000, receive $400 for loans over $100,000 and receive $300 for loans $20,000 - $100,000 on new money. Prize must be redeemed within 30 days of funding. Must be new money. One prize per household. May not be combined with any other offers. With approved credit. Some restrictions apply. APR = Annual Percentage Rate. Interest rates are subject to change without notice. Promotion valid January 4, 2022 to March 31, 2022. Must complete the loan application process for a qualifying home loan by March 31, 2022 to receive the promotional prize. Receive $500 for loans over $150,000, receive $400 for loans over $100,000 and receive $300 for loans $20,000 - $100,000. On new money only. Prize must be redeemed within 30 days of funding. One prize per household. May not be combined with any other offers. See Neches FCU for complete details.

NFCU TRANSFER YOUR EXISTING CREDIT CARD BALANCES k Take advantage of our low rate of 2.9% APR* on balance transfers. By transferring your existing balances to a Neches credit card you receive the following benefits. • Save money on existing credit card debt to pay down your debt faster. • Enjoy reward points on your Neches credit card. • No balance transfer fees and a very low balance transfer rate of 2.9% APR for a 6-month term. • Transfer your balance today by calling or visiting any Neches branch. WITH APPROVED CREDIT. SOME RESTRICTIONS APPLY. APR = ANNUAL PERCENTAGE RATE. SPECIAL BALANCE TRANSFER RATE APPLIES FOR SIX MONTHS THEN REVERTS TO RATE ACCORDING TO CREDIT CARD. THE ANNUAL PERCENTAGE RATE WILL NOT EXCEED 17.9%. YOU MUST REGISTER YOUR CREDIT CARD AT UCHOOSEREWARDS.COM TO START EARNING POINTS. LIMITED TIME ONLY GET PREC-HAAPNPCREOVTEODWAINNDAHAVE A APPLE AIRPODS MAX HEADPHONES NAME: Being pre-approved for your next loan puts you ahead PHONE #: of the game, assures that you are receiving the best ACCOUNT #: deal that you can get, and will save you time at the dealership as you look for your new truck or car. You can BRING THIS IN TO ANY be pre-approved at any of our locations, over the phone, NECHES BRANCH! or online at nechesfcu.org. Our loan officers are fast, knowledgeable, and will work hard to save you money. And for a limited time, when you get pre-approved you will be entered to win a free Apple AirPods Max Headphones. *With Approved Credit. Some restrictions may apply. Valid January 4, 2021 to March 15, 2022. See nechesfcu.org for more details. Loan from pre-approval must fund to qualify.

NEW PRODUCT MEETING NEVCIDHEEHOSECRLHEEAN! TDIINSG ANNUAML EMEETMINBGERSHIP N q Thursday, January 27, 2022 | Rockin’ A Café in Beaumont, TX Life is busy and at Neches we want to make Registration 5:30pm | Meeting 6:00pm your loan experience as simple as possible. With Neches Lending Video Chat, you now NFCU have the option to get fast and knowledgeable service that is contactless and convenient BOAT LOANS without ever leaving the comfort of your home. Free RTIC cooler with every boat loan! Neches Lending Video Chat can be used from a desktop computer or via the Neches Video Found the boat of your dreams? Neches is here to make that Chat app on your smartphone. Our loan officers dream a reality with the best boat loan in town. We can help are available for video chat Monday through Thursday from 9am-5pm and on Friday from you finance a new or used boat or refinance your current 9am-6pm. boat loan. With rates as low as 2.50% APR or terms as long as 144 months we have the perfect boat loan for you. Contact a Benefits of Neches Lending Video Chat: Neches Loan Officer to apply today. • Speak face to face with a Neches loan officer Get a boat loan. Get a cooler. • Handle all of your lending needs February 1, 2022- March 31, 2022 Services provided through Get a boat loan through Neches and Neches Lending Video Chat: receive a complimentary Neches • Refinance your auto from another RTIC cooler. Start your application financial institution today at nechesfcu.org. • Sign loan documents digitally without having to come to a branch • Apply for a loan • Discuss financial options • Get pre-approved for a loan • And more! Your savings federally insured to at least $250,000 and backed *With Approved Credit. Some restrictions apply. APR = Annual Percentage Rate. Valid February by the full faith and credit of the United States Government. 1, 2021 through March 31, 2021. Not to be combined with any other offer. Members must be in good standing and receive a boat loan over $20,000 to qualify. Must receive prize within 30 days of funding. While supplies last.

NFCU FRAUD ALERT Phone Call Fraud is on the rise, here’s how to protect yourself. This is a reminder to always protect Also remember to NEVER AGTRTSEAENDNTUIIOAORTNISNAGLL your secure information. Fraud scams give your online banking increase around the holidays.  If you credentials to a third party B receive a phone call from someone you for any reason.  This will give expect to be a fraudster, please hang them access to your account Scholarships NOW Available. up and call the credit union directly at so they can commit fraud 409.722.1174. using our electronic services. Graduation is coming soon and Neches   Federal Credit Union will be giving We’ve been notified that some scholarships to graduating seniors members have received Robo Calls or preparing to attend college. Any automated phone calls saying they are from our fraud department.  They are graduating senior that is a member may “spoofing” Neches’s phone number as the apply. Applications are available at all caller ID.  If you receive a call like this Neches locations or online at from our fraud department, you will not nechesfcu.org. Completed applications be asked to enter any card information or any other information to verify your must be turned in no later than Monday, identity.  Please BEWARE of this scam April 4, 2022. The scholarship applicant and call us if this has happened to you so we can take precautions to protect your must be a member of Neches Federal account. Credit Union in order to be eligible for the SERVICES scholarship. DEBIT CARD CONTROL Congratulations and good luck! Protect the Neches Debit Card in your wallet with the phone in your pocket, or with the computer in your home! Determine WHEN, WHERE and HOW you use your card with Debit Card Control. Your card, on your terms; play it safe with Neches Debit Card Control. Your card, on your terms. • Turn your debit card on or off with the touch of a button in your Neches app or with Neches home banking. • Receive alerts when your debit card is used, approved or exceeds the transaction controls you set. • Set declines and alerts by spending limits - great for parents or employers. • Manage all debit cards associated with your account. • Click the “debit card control” button to control your card today!

MONEY MANAGEMENT Marioreen Gibson WHRYOCLOLONVSEIDRE?R A financial advisor, neches retirement and investment services When you roll over a distribution from a 401(k), 403(b), or (409) 749-6315 governmental 457(b) plan, you generally don’t pay any taxes until you receive a distribution from the new plan or IRA. If [email protected] you take a distribution but don’t roll it over, it will be subject to federal (and possibly state) income taxes (except for any after- FR-3951673.1-1221-0124 tax contributions you’ve made); and if you haven’t yet reached age 59 ½, you may also be subject to a 10% early distribution penalty tax unless you’re eligible for an exception. If you take a cash distribution, you’re also foregoing any further tax- advantage growth; and if you spend the funds, you may not have sufficient assets to last throughout retirement. Prior to requesting a rollover from your employer sponsored retirement account to an Individual Retirement Account (IRA), you should consider whether the rollover is suitable for you. There may be important differences in features, costs, services, withdrawal options and other important aspects between your employer sponsored retirement account and an IRA. If your distribution includes employer stock or other securities special tax rules may apply that can make taking a distribution more advantageous than making a rollover. Consult a tax professional. Representative is not a tax advisor. For information regarding your specific tax situation, please consult a tax professional. Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member HYPERLINK “http://www.finra.org/”FINRA/ HYPERLINK “http://www.sipc.org/”SIPC , a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. NECHES BUSINESS NFCU LENDING OFFERS: SHOP 409 • Line of Credit • Term and Equipment Loans ARE YOU A BUSINESS OWNER? HAVE YOUR • Commercial Mortgage Loans BUSINESS FEATURED ON OUR SHOP 409 PAGE. • Business Credit Cards i Call Wayne Stokely at 409-749-6359 for an As a valued business partner, Neches will feature appointment today! your business information on our Shop 409 Business Directory. Featuring your business on our directory Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. gives you access to our 80,000+ membership and will help your SEO rankings for your own website. Feature your business by visiting https://www. nechesfcu.org/shop-local.html and filling out the online form. Wayne Stokely Commercial Lending Manager

NECHES COLLECTS GIFTS FOR SALVATION ARMY! NECHES RAISES $22,738 FOR CHILDREN’S MIRACLE NETWORK! PN CHAMBER GOLF CCOORMNMEURNITY NECHES RAISES TOURNAMENT $3,500 FOR ROTARY CLUB Neches Federal Credit Union having fun and giving back to the community every month! WOUNDED WARRIORS DICTIONARY DELIVERY TO TAFT ELEMENTARY NECHES HAVING FUN AT JULIE ROGERS TEAM NECHES CHRISTMAS PARADES! BREAST CANCER CELEBRATES CREDIT UNION DAY AWARENESS RUN! JULIE ROGERS RUN WITH NECHES DONATES BLANKETS TO HELP NECHES DONATES $2,500 TO SENIORS AND HOMELESS IN NEED. GIFT OF LIFE LUMBERTON CLAY SHOOT

P.O. Box 1118 | Port Neches, Texas 77651-1118 nechesfcu.org Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States MANAGEMENT BOARD OF DIRECTORS Government. This newsletter is informational in nature and does not purport to give legal, tax or financial advice. Jason Landry������������������������������� President/CEO Buddy Spivey, Chairman LOCATIONS Vickie Conkle ��������������������Senior VP of Operations Dave Bennett Paula Cappadonna�������������� Senior VP of Finance Ken Dollinger PORT NECHES – Magnolia (Administration) Bobby Gibson 676 Magnolia | 409-722-1174 HUMAN RESOURCES John Hammond Lobby: M-Th 9am-5pm | Fri 9am-6pm Ronn Harmon Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm Kristen Stewart.��������������� VP of Human Resources Jay Hillin Andrea Johnson PORT NECHES – Nall INFORMATION SYSTEMS Charles Sanford 2239 Nall | 409-727-1639 Mario Watkins Lobby: M-Th 9am-5pm | Fri 9am-6pm | Sat 9am-12pm John Heard������������������������������������������������ VP of IS CJ Isom Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm | Sat 9am-12noon Linda Thomas LOANS PORT NECHES – PNG High School SUPERVISORY COMMITTEE 409-722-1174 Kristin Butler������������������� VP of Consumer Lending M-Fri 7:30am-3:30pm Danette Mangioni������ Indirect Lending Supervisor Darnell Hanson Lisa Coffey������������������� Mortgage Lending Manager Pattilea Wilson NEDERLAND Wayne Stokely�������� Commercial Lending Manager Joe Vallot 2623 Nederland Avenue | 409-729-2831 Marsha Dougharty������������ Collections Supervisor Lobby: M-Th 9am-5pm | Fri 9am-6pm Your savings federally insured to at least $250,000 a Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm | Sat 9am-12noon MARKETING & BUSINESS DEVELOPMENT by the full faith and credit of the United States Gove With approved credit. Some restrictions apply. While supplies last. APR = Annual NEDERLAND – Nederland High School Jason Duplant ������������� VP of Marketing & Business Rate. Interest rates are current as listed and are subject to change. Promotion valid 409-722-1174 6, 2020 to March 28, 2020. Must complete the application process for a home eq M-Fri 7:45am-3:30pm Development mortgage loan by March 28, 2020. Receive $1000 for loans over $150,000, receiv loans over $100,000 and receive $300 for loans under $100,000. Prize must be r BEAUMONT – Dowlen Dawn Fournier����������AVP of Business Development 30 days of funding. Member may receive a 1099 Misc for tax purposes for prizes o 1955 Dowlen Road | 409-860-0800 more from Neches Federal Credit Union. Member is solely responsible for all taxe Lobby: M-Th 9am-5pm | Fri 9am-6pm | Sat 9am-12pm ACCOUNTING consequences associated with the receipt of the reward given. Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm | Sat 9am-12pm Jill Sandberg������������������������������ VP of Accounting BEAUMONT – Pearl 1254 Pearl Street | 409-832-4936 OPERATIONAL SUPPORT / Lobby: M-Th 9am-5pm | Fri 9am-6pm PRODUCT & SERVICE DEVELOPMENT Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm Jacob Devillier������������ AVP of Operational Support/ LUMBERTON 299 Country Lane Drive | 409-299-5277 Product & Service Development Lobby: M-Th 9am-5:30pm | Fri 9am-6pm Drive-Thru: M-Th 7:30am-5:30pm | Fri 7am-6pm | Sat 9am-12noon MEMBER FINANCIAL SERVICES LUMBERTON – Lumberton High School Marioreen Gibson����������������������Financial Advisor 409-299-5277 M-Fri 7:30am-3:30pm NALL BRANCH BRIDGE CITY Kelly Chatelain �������������������������� Branch Manager 410 Texas Avenue | 409-238-6400 Lobby: M-Th 9am-5pm | Fri 9am-6pm DOWLEN-BMT BRANCH Drive-Thru: M-Th 7am-5pm | Fri 7am-6pm | Sat 9am-12noon Kelly Hellweg������������������������������ Branch Manager PORT ARTHUR - NECHES GO BRANCH 4821 Twin City Highway DOWNTOWN-BMT BRANCH ITM Hours: M-F 9am-5pm ATM Hours: Open 24/7 Lisa Taylor ������������������������������������ Branch Manager NEDERLAND BRANCH Jessi Graham ����������������������������� Branch Manager LUMBERTON BRANCH Tina Warren ��������������������������������� Branch Manager COMPLIANCE Roxanne Sasser ��������������������� Compliance Officer BRIDGE CITY BRANCH Summer Plessala ����������������������� Branch Manager SERVICE CENTER Megan Woodard��������������� Service Center Manager With approved credit. Some restrictions apply. APR = Annual Percentage Rate. Interest rates are subject to change without notice. Promotion valid January 4, 2022 to March 31, 2022. Must complete the loan application process for a qualifying home loan by March 31, 2022 to receive the promotional prize. Receive $500 for loans over $150,000, receive $400 for loans over $100,000 and receive $300 for loans $20,000 - $100,000. On new money only. Prize must be redeemed within 30 days of funding. One prize per household. May not be combined with any other offers. See Neches FCU for complete details.