Q3 2018

Sperry Federal Credit Union

e-Newsletter

Quarter 3 · 2018

Vacation Loan

It’s not too late to
plan a summer
getaway!

Rates as low as
3.99% APR

Up to $5,000

Up to 24 Months

Enterprise Car As low as
Sales® Event

July 19-22

Get .50% APR off
your approved

Sperry auto loan rate

Plus, get $250 added
to your KBB® value

on your current
vehicle!

PAGE 2 CardValet®

Important Updates: Similar to services
seen on TV!
Mobile Banking App Notice
Freeze your Sperry
Effective July 1, 2018: debit card, if lost or
“For Mobile Deposit Only”
must be printed on the back of stolen.
your endorsed check when
depositing it via Sperry Mobile Monitor transactions
Banking App. in real-time.

Wire Transfer Notice Download the
CardValet app
Effective July 2, 2018
Faxed wire out requests will no longer be accepted. Wire out today!
transfer requests must be completed online via
www.sperryfcu.org/home/personal-banking/wires.

Holiday Closings

Labor Day
September 3, 2018
Columbus Day
October 8, 2018

Please note:
Online, Mobile, and
Telephone Banking will
be available for your
convenience.

PAGE 3

Community News

From April to June, Sperry offered its annual College Scholarship to help our
Members achieve their academic goals. This year Sperry will be awarding a total of
$7,000. We are excited to have received a record number of applications for 2018.
Winners will be notified and announced publicly in July.

From Memorial Day to Fourth of July, Sperry was proud to offer its Red, White and
Bank promotion again this year. The promotion is to show our great appreciation for the
members of the U.S. Armed Forces,
veterans and their families.

In June, the Sperry Team
attended Garden City’s annual
Belmont Stakes Festival and had a
great time speaking with the members
of our community as we all got ready
for the Belmont Stakes.

Be sure to come visit us this
summer at the Garden City
Promenade every Friday night from 6-
10pm on Seventh Street!

Wedding Loans

Starting at 5.95% APR!

Open bar? Videographer?

Make your wedding dreams a
reality with our Wedding Loan.
Don’t regret cutting out vendors
later on. You can now say “I do”
to every detail that will make your
big day just as beautiful as your
love story.

*APR=Annual Percentage Rate. Rates as low as 5.95% APR. Terms up to 60 months. Loan amounts up to $25,000. Rates
and terms are subject to change without notice. Offers of credit and rate based on credit score & other criteria. Applicants
who are not offered the lowest rate may be offered credit at a higher rate. Auto-Pay requires automatic monthly payments
from an active Sperry Checking Account. Add 0.25% for non-Auto Pay loans. Membership required.

Annual Meeting and Board Election Notice: Locations and
Hours of Operation
Sperry’s Annual Meeting will be held on September 22, 2018. Meeting details
with time, location, and RSVP information will be posted in the lobby. Two Director E-Branch
positions will be elected to the Board at the annual meeting this year. A Nominating
Committee has been established according to the Sperry Associates Federal Credit Un- Online Banking & Bill Pay
ion bylaws, and their nominees will be presented below: Robert “Bob” Fried 24/7/365 access to your account(s)
(Incumbent) has over 30 years of experience in the semiconductor industry in both en- www.sperryfcu.org
gineering and marketing capacities, most of which was in a management position. In
2005 Bob founded Midarome Electronics, a consulting company specializing in discrete Main Office
semiconductors and selling of semiconductor test equipment and components. Cus-
tomers include both major manufacturing companies and a US government agency, the 2400 Jericho Turnpike
FAA. Besides technical consulting, Bob has also done consulting on establishing a joint
venture and training on cross-cultural teamwork. Prior to starting his own company, Garden City Park, NY 11040
Bob has held numerous management positions including Director of Product Marketing
at both PanJit Semiconductor and Vishay Intertechnology, Technical Marketing Direc- Telephone: (800) 676-5512 or
tor at General Semiconductor, and Director of Product Engineering at General Semi-
conductor. Bob spent 23 years at General Instrument and its successor companies, (516) 873-7171
(spun off as General Semiconductor in 1997, which was then acquired by Vishay in
2001). At General Instrument Bob was responsible for product engineering. In addition Fax: (866) 549-7039
to running the Product Engineering Department, Bob was very successful in trouble-
shooting both engineering and non-engineering (e.g., inventory control) problems at all Lobby Hours and
the factories. In 1998, Bob Fried transferred into Marketing. As Director of Product
Marketing, Bob was responsible for product line strategies, minimum pricing, capacity Drive-up Teller Window
planning, and market research. Bob was also the major author of the company proce-
dures on new-product development and qualification. Bob has a Bachelor Degree in Monday - Thursday 9am - 4:30pm
Physics from Worcester Polytechnic Institute, a Master’s Degree in Electrical Engineer-
ing from State University of New York at Stony Brook, and a Masters of Business Ad- Friday 9am - 6:30pm
ministration from Dowling College. Michael McGillicuddy (Incumbent) has been a mem- Saturday 9am - 1pm
ber of the Sperry Credit Union for nearly 30 years. He has been on the Board of Direc-
tors for the past six years and is also a member of Sperry’s Supervisory Committee. His Find a Shared Branch or
dedication and commitment to Sperry and its Members has been a great addition to the
Board of Directors. Michael has also been a member of the Garden City Park Fire De- Surcharge-Free ATM
partment since 1978. In his 37 years of serving the department he has served as 2nd
Lieutenant, 1st Lieutenant & Captain 3 times. He currently serves as Captain of Engine As a valued Sperry Member, you have
Company Four. He has also served as Commissioner for the Garden City Park Water access to surcharge-free ATM across
Fire district. Professionally, he is a New York State Licensed Funeral Director. He cur- the nation. You can also conduct
rently works for SUNY Downstate Medical Center where he oversees the operation of account transactions at over 60 Credit
the Gross Anatomy Labs. He is also a member of the National Disaster Medical System Union Shared Branches on Long Island,
(NDMS) assigned to Disaster Mortuary Operational Response Team (DMORT), where if plus Shared Branches across the
there were a National or Global disaster he would respond to assist with the recovery country. To find the nearest ATM or
of the deceased. In 2017, Michael traveled to Puerto Rico to assist in relief efforts fol- Shared Branch, visit our website at
lowing Hurricane Maria. Michael is committed to serving not only Sperry but also his www.sperryfcu.org
Community and his Nation. Please note that to be eligible for nomination and/or to
serve on the Board of Directors, a person must be 18 years of age or older, be a Mem- MasterCard® Customer
ber of good standing, be available for Board meetings at least once a month, and quali- Assistance
fy by completing a Director’s Application and Agreement to Serve. Members are ad-
vised that Sperry Associates Federal Credit Union bylaws stipulate the following: Any (800) 237-6211
Member can place his/her name in nomination exclusive of the Nominating Committee www.ezcardinfo.com
by written petition that includes a brief statement of qualifications, biographical infor-
mation, and a petition with the required minimum signatures of at least 1% of Sperry Mortgage
Associates Federal Credit Union Members. Inquiries regarding the election process and
requesting a petition package that includes signature collection requirements should be (800) 676-5512
directed to: Laureen Feehan at 516-873-7171 x 1022. To be effective, such nomina- www.sperryfcu.org/mortgages
tions must be accomplished by a signed certificate from the nominee stating that
he/she is agreeable to nomination and will serve if elected to office. A completed nomi- Our Routing Number
nations package must be sent to Jorge Restrepo, Board Secretary, at Sperry FCU, 2400
Jericho Turnpike, Garden City Park, NY 11040. The closing date for receiving the nomi- 221475773
nation by petition with supporting documents is August 13, 2018. There will be no op-
portunity for nomination from the floor. The election will not be conducted by ballot
and there will be no nominations from the floor when there is only one nomination for
each position to be filled. Should the number of candidates equal the number of open
positions on the Board of Directors the chair may take a voice vote or declare each
nominee elected by general consent.