Q1 2022 Newsletter_Website

CU Connection

SoCal A Publication for Members of Credit Union of Southern California
Winter 2022

INSIDE: Shana
Member since 2021
§ Message From Our President/CEO
§ 4 Money Moves to Make in 2022 866.287.6225 | CUSoCal.org
§ The Value of Digital Banking
§ Get 0% Balance Transfers for 9 Months
§ Annual Meeting
§ Seminars/Webinars to Brighten Your Financial Future

A New Year, 4 Money Moves to Make in 2022
A Timeless Commitment
What better time to get your finances in order than the start
Happy New Year! of a new year? Making wise money moves and developing
healthy financial habits can make your financial future a
Nearly 70 years ago, Credit Union of Southern California brighter one. Credit Union of Southern California (CU SoCal)
(CU SoCal) was founded on the philosophy of "people has a wealth of products and services to get you on the best
helping people," and this focus remains today. CU SoCal is financial path for 2022.
a community-based organization, owned and governed
by our Members. Therefore, helping our Members and Save More Money. Put your savings on auto
communities is simply core to who we are. Even more pilot by setting up automatic deposits to a Share
importantly, we truly care about our Members’ financial Savings Account, and set savings goals using the
well-being. That’s why we’re here for you today, tomorrow, Financial Wellness widget on Digital Banking.
and thereafter. Reduce Your Cost of Debt. We can help you
consolidate high interest revolving debt with a
You may have opened your CU SoCal account for a specific credit card balance transfer, a personal loan, or
product or service, and may not know of all the resources a HELOC. Right now our CU SoCal Topaz Visa®
available to you as a Member. At any stage of your life, our Credit Card offers 0% APR1 on balance transfers
team members are here to listen and help you find the right for 9 months, with a low, one-time balance
solutions for your financial needs. Whether you are just transfer fee of 2%.
starting out, buying your first home or car, establishing a Start Earning Dream Points. On every
business, saving for your child’s education, or preparing to transaction, a CU SoCal Platinum Rewards Visa
retire, we’re here for you and are ready to help with products Credit Card earns Dream Points, which are
and services designed to turn your financial wishing and redeemable for cash, merchandise and much
waiting into doing and achieving. more. Our Rewards Checking Visa Debit Card
also earns Dream Points on every transaction,
And, as a credit union, one of our guiding principles is to and they can be pooled with points from your
help others achieve financial wellness. That doesn’t just Platinum Rewards Visa Credit Card.
mean for kids, or people who have financial challenges.
Financial wellness is for everyone. We’re committed to Lower Your Car Payment. Did you know
providing tools and resources to help you make the most that CU SoCal lowers monthly car payments
of your money, regardless of how old you are or how much for Members every day? We will drop your
money you make. You work hard for your money. We’re here current non-CU SoCal car loan rate by at
to help your money work harder for you. least 2%, to as low as 2.49%.2

Thank you for choosing CU SoCal. We’re honored to serve Our website is chock-full of helpful tips and resources to
you every day and look forward to a prosperous New Year. help you on your financial journey. Visit CUSoCal.org/Learn/
Financial-Guidance to learn more about making positive
Best regards, money moves for the New Year and beyond!

Dave Gunderson 1. APR = Annual Percentage Rate. Offer valid on non-CU SoCal balances. Amount is
President/CEO limited to your approved credit line. CU SoCal Topaz Visa: 0.00% Introductory APR for
9 months from the date of each balance transfer. After that, the APR applicable to the
transferred balance existing at that time and in the future, will immediately increase
to the non-introductory variable rate that would otherwise apply and based on your
creditworthiness at the time you established your account. The non-introductory APR
may vary with the market based on the Prime Rate. Aggregate maximum unsecured
loan limits (credit card and personal loans, not to exceed $50,000). A 2% balance
transfer fee will apply to each balance transfer. Loss of promotional APR: We may end
your promotional APR for balance transfers and apply the penalty APR if you make a
late payment. Offer expires February 28, 2022 and is subject to change. Offer subject
to credit qualification. Not all Members may qualify.

2. CU SoCal loans are ineligible. $5,000 minimum amount financed. Member must
credit qualify and have a credit score of greater than or equal to 630, as reported to
CU SoCal. Not all Members will qualify. APR=Annual Percentage Rate. APR, financing
terms, and/or loan to value of vehicle will vary based on model and/or applicant's
credit worthiness. Vehicle model year must be 10 years old or newer. All loans and
vehicles are subject to approval. Requested loan amount cannot exceed the present
value of the vehicle as determined by Kelly Blue Book. Promotion and rate are subject
to change without notice. Please ask a CU SoCal loan specialist for our current floor
rate which corresponds to our lowest promotion rate. 84 Month term option for a
KDYR requires a 50bps increase.

Qs As ASK CU SoCal

Dear CU SoCal, CU SoCal, you unlock a wealth of financial within minutes between enrolled users.
I prefer taking care of my banking resources at your fingertips. The best part is, you can do it all within
needs in person, so I haven’t yet made There are plenty of benefits of CU SoCal the CU SoCal Mobile App!
the leap to Digital Banking. However, I Digital Banking, but here are just a few perks Budget and Track
feel that I’m missing out on a valuable you’re missing out on: Budgeting has never been easier. Digital
resource, especially with more day-to- Account Management Banking lets you monitor your spending
day transactions taking place in an With Digital Banking, you can check account habits and create custom budget goals.
online capacity. Can you tell me how balances, view statements, pay bills, transfer You can even view progress as you work
Digital Banking can benefit me and my money between accounts, and do so much towards your goals. Plus, you can stay on
financial management? more. You can even apply for a loan, set top of your credit score with your free,
Pondering in Pomona travel notices, create different account daily credit score, and see how life events
notifications, or opt to skip a loan might impact your score.
Dear Pondering, payment—all safely and securely from your For more info on Digital Banking, visit
Thank you so much for your question. computer or mobile device. www.CUSoCal.org/DigitalBanking. It’s
There is nothing wrong with banking in Send and Receive Money not too late to take advantage of this
person, but as you mentioned, more and Send and receive money quickly with Zelle®. powerful banking resource, right at your
more day-to-day transactions take place Zelle® is a fast, safe, and easy way to send fingertips.
digitally, from Christmas shopping to and receive money between most credit
ordering takeout and banking. By taking union or bank accounts in the U.S., typically
advantage of Digital Banking with

Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license.

Experiencing the CU SoCal Difference

Shana signed up last May at the Whittier an account, but I just loved the interaction
Marketplace branch, and she’s been thrilled and welcoming atmosphere. It felt like this
about her CU SoCal experience ever since. was a place I wanted to be. The friendliness,
the enthusiasm…I felt like I already knew
My roommate was looking for a everyone from the moment I walked in. I ended
new bank and I tagged along. At up opening an account right then and there.
first, I wasn’t planning on opening
—Shana

CU SoCal Topaz Visa® Card

Don’t Miss Out on 0% Balance
Transfers for 9 Months

• Get 0% promo APR on balance transfers for 9 months1
• Generous credit limits up to $50,000
• No annual fee
• Low balance transfer fee of 2%
• Make balance transfers online

Learn more at CUSoCal.org/CreditCard

1. APR = Annual Percentage Rate. Offer valid on non-CU SoCal balances. Amount is limited to your approved credit line. CU SoCal Topaz
Visa: 0.00% promotional APR for 9 months from the date of each balance transfer. After that, the APR applicable to the transferred balance
existing at that time and in the future, will immediately increase to the non-promotional variable rate that would otherwise apply and
based on your creditworthiness at the time you established your account. The non-promotional APR may vary with the market based on
the Prime Rate. Aggregate maximum unsecured loan limits (credit card and personal loans, not to exceed $50,000). A 2% balance transfer
fee will apply to each balance transfer. Loss of promotional APR: We may end your promotional APR for balance transfers and apply the
penalty APR if you make a late payment. Offer expires February 28, 2022 and is subject to change. Offer subject to credit qualification. Not
all Members may qualify.

Annual Meeting Saturday Seminars

Members 12 years and older are invited to join us for light 30 WAYS TO TRIM YOUR BUDGET
refreshments while hearing credit union highlights from our Saturday, January 8 | 10:30-11:15 a.m.
President/CEO.
SoCal Wealth Management presents:
Tuesday, March 29 at 4 p.m. FINANCIAL PLANNING BASICS1
Brea Community Center, 695 E. Madison Way Saturday, January 8 | 11:30 a.m.-12:30 p.m.

RSVP by March 22 There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield
positive outcomes.The purchase of certain securities may be required to effect some of the strategies.
Visit CUSoCal.org/AnnualMeeting, email [email protected], Investing involves risks including possible loss of principle. Securities and advisory services offered
call 562.365.1882 or 866.287.6225 through LPL Financial (LPL), a registered investment advisor and broker-dealer (member
FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Credit Union of Southern
Lower Your Auto Rate California (CU SoCal) and SoCalWealth Management are not registered as a broker/dealer or investment
advisor. Registered representatives of LPL offer products and services using SoCalWealth Management,
You could save money when you and may also be employees of CU SoCal.These products and services are being offered through LPL or its
refinance your auto loan from another affiliates, which are separate entities from, and not affiliates of, CU SoCal and SoCalWealth Management.
financial institution with CU SoCal.1 See
how much you could save when you visit Not Insured by NCUA or Any Other Govenment Agency
CUSoCal.org/Lower-Your-Rate.
Not Credit Union Guaranteed Not Credit Union Deposits or Obligations May Lose Value
1. CU SoCal loans are ineligible. $5,000 minimum amount financed. Member must credit qualify and have
a credit score of greater than or equal to 630, as reported to CU SoCal. Not all Members will qualify. BUYING A HOME
APR=Annual Percentage Rate. APR, financing terms, and/or loan to value of vehicle will vary based on Saturday, January 8 | 12:45-2 p.m.
model and/or applicant's credit worthiness. Vehicle model year must be 10 years old or newer. All loans
and vehicles are subject to approval. Requested loan amount cannot exceed the present value of the Brea Community Center, Art Studio Room
vehicle as determined by Kelly Blue Book. Promotion and rate are subject to change without notice. Please 695 E. Madison Way
ask a CU SoCal loan specialist for our current floor rate which corresponds to our lowest promotion rate. REGISTER:
84 Month term option for a KDYR requires a 50bps increase. CUSoCal.org/Seminars | 866.287.6225

Boost Your Credit Webinars

We understand if you have less than optimal credit history, ARE YOU FINANCIALLY HEALTHY?
or even no credit history at all. That’s why we offer the Credit Tuesday, January 11 | 10:30-11:30 a.m.
Builder Loan. With this loan, you can start establishing a Thursday, January 20 | 5:30-6:30 p.m.
stronger credit history and credit score. To get started, visit
your local CU SoCal branch, call 866.287.6225, or apply online SAVING WITH A PURPOSE
at CUSoCal.org. Tuesday, February 8 | 10:30-11:30 a.m.
Thursday, February 17 | 5:30-6:30 p.m.
Branch Hours Update
SOLVING THE MYSTERY OF CREDIT REPORTS
Beginning January 8, our branches will be open from Tuesday, March 8 | 10:30-11:30 a.m.
9 a.m.–1 p.m. on Saturdays except the following locations: Thursday, March 17 | 5:30-6:30 p.m.
Fontana, Ontario, Garden Grove, and L.A. San Vicente.
REGISTER:
CUSoCal.org/Webinars

FOR MORE INFORMATION & RESOURCES:
CUSoCal.org/Learn/Financial-Guidance

Contact Us

Member Care Center 866 CU SoCal (866.287.6225) HOLIDAY CLOSURES
New Year’s Day January 1
Monday-Friday 9 a.m.–6 p.m. Martin Luther King Jr. Day January 17
Saturday 9 a.m.–1 p.m.
Phone Banking 562.945.2214 President's Day February 21

800.249.2328 toll-free GROWING TO SERVE YOU BETTER Federally insured by NCUA
Website CUSoCal.org Members....................................130,074
Email [email protected] Loans............................. $1,189,122,693
Find ATMs Text zip code to 91989 Assets............................ $2,239,561,142
FINANCIAL HIGHLIGHTS as of November, 30 2021.