JANUARY 2016

Newsline
MEMBER
MHVFCU.com 845.336.4444

STUDENT LOANS

A Better Way to Pay for College

CU Student Choice Private Student Loan Solution
With zero origination fees, lower interest rates and flexible repayment
options, it is easy to see why our private student loan solution is a
better way to pay for college. Whether you are a student yourself or
the parent of a student, MHV is here to help.
Our CU Student Choice private loan solution helps to fill funding
gaps that federal aid can leave behind. Plus, with our competitive
rates we can help you save money too.
Learn more about our student lending solutions and about
our full-range of products designed just for young adults at
mhvfcu.com/youngadult.

FREE WEBINAR

FAFSA: Before During After

Powered by CU Student Choice
Join us and CU Student Choice as we help to educate families
about the financial aid process. This informational webinar will
take college-bound students and parents through each step
of completing the FAFSA their gateway to free financial aid.
Register online at mhvfcu.studentchoice.org to attend Wednesday,
January 20th at either 1:00 p.m. ET or 6:00 p.m. ET.

Want to PAY OFF

your Holiday Bills? Apply Now!

6 .99 %
AS
LOW
AS
APR *
Plus! 36 Month
ENTER TO WIN Personal
$2,500!** Loan
To Pay Off Your
Holiday Debt

*APR = Annual Percentage Rate. Offer valid for members in good

ENTER DAILY ON OUR FACEBOOK PAGE
AT FACEBOOK.COM/MHVFCU
standing and on new loans, refinances from another institution,
or MHV refinances advancing a minimum of $2,500 in new
monies applied for from January 1 until March 31, 2016 subject
to change or terminate at the discretion of MHV. Maximum
loan amount of $10,000. Advertised rate based on credit

845.336.4444 qualifications and rate reflects .25% discount for automatic

payments from your MHV savings or checking account. As an
example, a 36-month term with a fixed rate of 6.99% APR
MHVFCU.com/holidaybills would result in an estimated payment of $30.88 for each $1,000
financed. **Ask us or visit mhvfcu.com/holidaybills for details.

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 INVEST & INSURE
Set up your complimentary
retirement analysis today.
Sal Bocchimuzzo, CFP
MHVIRC Financial Advisor
845.336.4444 x. 3166 or 3126
Jason Netrosio
MHVIRC Financial Advisor
845.336.4444 x. 3166 or 3126
ATTEND A FREE SEMINAR!
INCOME FOR LIFE
Guaranteeing
Retirement Income
that Lasts a Lifetime
Tuesday, January 26, 2016 @ 6pm
CUC Branch
1099 Morton Blvd., Kingston
Presented by Sal Bocchimuzzo, CFP
CLEAR DIRECTION ON THE
ROAD TO RETIREMENT
Wednesday, February 24, 2016 @ 6pm
CUC Branch, 1099 Morton Blvd., Kingston
Presented by Sal Bocchimuzzo, CFP
Time to Trim Your Insurance Costs
Once youve settled on an insurance plan, its tempting to
just stick to what youve got. But if you review your coverage
options regularly, you may find there are ways to cut back on
your insurance costs. For example, initial rates for car insurance
are higher if you took out a loan and need both comprehensive
and collision coverage. But once the car is paid off, you may be
paying for more insurance than you really need.
845.943.5540 mhvfcu.com/InsuranceAgency
Newsletter_1st quarter_2016.indd 2
Could Assumptions
Harm Your
Retirement Plan?
Two Misconceptions To Think About
Provided by Sal Bocchimuzzo, CFP &
Jason Netrosio
#1) Assuming retirement
will last 10-15 years.
Historically, retirement has
lasted about 10-15 years for
most Americans. The key
word here is historically.
When Social Security was
created in 1933, the average American could anticipate living to
age 58 as a man or 62 as a woman. By 2014, reports indicated life
expectancy for the average American had increased to 78.8.1, 2
#2) Assuming too little risk. Holding onto your retirement money
is certainly important; so is your retirement income and quality of
life. As you retire, you may assume that an extremely conservative
approach to investing is mandatory. But given how long we may
live - and how long retirement may last - growth investing may be
important. Please call or email to set up an appointment to review
or create your retirement plan today. Sal & Jason may be reached at
845-336-4444 ext. 3166 or mhvirc@mhvfcu.com.
This material was prepared by MarketingLibrary.Net Inc., and does not necessarily
representtheviewsofthepresentingparty,northeiraffiliates.Thisinformationshould
not be construed as investment, tax or legal advice. All information is believed to be
from reliable sources; however, we make no representation as to its completeness
or accuracy. Please consult your Financial Advisor for further information.
1. www.ssa.gov/history/lifeexpect.html [1/28/14]
2.www.usatoday.com/story/news/nation/2014/10/08/us-life-expectancy-
hits-record-high/16874039/ [10/9/14]
Representatives are registered, securities are sold, and investment advisory
services offered through CUNA Brokerage Services, Inc. (CBSI), member
FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage
Way, Waverly, Iowa 50677, toll-free (866) 512-6109. Nondeposit investment
and insurance products are not federally insured, involve investment risk,
may lose value and are not obligations of or guaranteed by the financial
institution. CBSI is under contract with the financial institution, through the
financial services program, to make securities available to members.
Now is a great time to review your insurance options.
Let us help you find the best insurance rates available.
We offer a variety of insurance products, and well
compare a wide range of top-rated carriers to ensure
you receive the best plan for the best price. Visit mhvfcu.
com/insuranceagency or call us at 845.943.5540 for a no-
obligation quote today.
Enjoy a complete line of insurance solutions from top-rated carriers:
12/17/2015 1:37:07 PM
 BUSINESS LOANS ADDED PROTECTION

NEW PERK!
Cell Phone Protection
Now get Cellular Telephone Protection as part of the Perks

Need Funding to Grow

Package. This coverage offers up to $300 per claim if you should
damage or lose your cell phone (up to 2 claims per year)! Learn

Your Business? more about the Perks Package as part of any MHV checking
account at mhvfcu.com/perks.
Successful business growth begins with understanding the
best financing options available to you. An MHV Business
Lending Representative can walk you through our wide-range MORTGAGES
of business lending options and help you develop a customized
funding solution. Our lending products include Business VISA
Credit Cards, Term loans, Commercial Mortgages and more. Call
us at 845.336.4444 to make your appointment today or email
mhvbusiness@mhvfcu.com.

Big Plans for 2016?

Home Equity Loans & Lines
are great for:

Home College Debt

Improvements &
Additions
Expenses Consolidation
Preparing to Buy a Home
You probably know how much you could reasonably spend on a night
out, but when it comes to home prices, it becomes a lot less clear.
Getting help with those numbers is just one of the many
reasons your first step in the home buying process should be to
contact an MHV Mortgage Originator and get pre-qualified.
A mortgage originator can help you identify a price range that
is reasonable for your lifestyle and even help set a budget for your
Wedding or Rental or home purchase. Plus, pre-qualifying for a home loan will give you
Vacations
Big Events Vacation Homes
additional leverage with the seller since they know youre serious
about purchasing. Mortgage experts are also excellent resources for
Check rates and apply at: trustworthy agents and brokers.
mhvfcu.com/homeequity Make an appointment today! Call us at 845.336.4444 or visit
mhvfcu.com/mortgage to apply online.

IMPORTANT REMINDER: MHV debit and credit card holders will receive new EMV chip cards by Spring 2016.
For more information visit mhvfcu.com

Newsletter_1st quarter_2016.indd 3 12/17/2015 1:37:08 PM

 MHV Culture Committee Congratulates WOW WINNERS!

August: Jeanne (Rhinebeck) September: Shannon (Highland) October: Yvee (Newburgh)

was nominated for quickly resolving an was nominated for volunteering in a local was nominated for preventing a
issue activating a members debit card. community sports program. fraudulent check from being cashed.

Annual Meeting Announcement: IRAs

CHAIRMANS
AWARD for Talent 2016 ANNUAL Invest in your
Congratulations
MEETING Retirement
to Pat at Credit
Union Center, April 7, 2016 at 4:00 p.m. with an IRA
for winning the Credit Union Center at
1099 Morton Blvd., Kingston
Open an IRA account at MHV
3rd Quarter
Insured up to $250,000 by the National
Chairmans Award Join us for a review of MHVs 2015 Credit Union Administration (NCUA)
for TALENT, as fiscal year and upcoming plans. No annual fee
announced by
Gary Anderson, Chairman of the The nominating committee has named Plus, you may be able to minimize
the following nominees: your tax liability with an IRA.
Board. Pat began her career at MHV
Gary Anderson, Elizabeth Carr, John Kelly
2 years ago. Pat was recognized for Find out more about IRAs by stopping
her dependability as a team member into any MHV branch or calling
Reservations are required. 845.336.4444
by always making herself available
Please call 845.336.4444 x3238
to assist employees at MHV. or email Seminars@mhvfcu.com. *Consult a tax professional to find out if your
contributions are tax-deductible.

Know Before You Go

For information on MHV Branch and Call Center closings
and delays due to inclement weather, please check mhvfcu.com
or tune into the following local FM radio stations:
101.5 WPDH, 106.1 WPDA: WPDH
92.7 WRRV, 96.9 WRRB: WRRV
97.7 WCZX: Mix 97.7
94.3 WKXP, 97.3 WZAD: The Wolf
You can also check: HudsonValleyClosings.com, Facebook, Twitter If the weather is bad, check our website first before venturing out!

Board of Directors Senior Officers Branch Holiday Closings:

Gary Anderson, Chairman Wayne T. Winkler, CCE
MARTIN LUTHER KING DAY
Credit Union Center (CUC) Angelo A. Fasano, 1st Vice Chairman President/CEO
Monday, January 18th
1099 Morton Boulevard, Kingston, NY 12401 John Kelly, 2nd Vice Chairman Patti Osterhoudt, CCE Personal Teller Service Available
Mailing Address: PO Box 1429, Kingston, NY 12402-1429 Joseph Marino, Treasurer Senior Vice President/COO
Phone: 845.336.4444 800.451.8373 Fax: 845.336.4448 Stephen Swanson, Secretary Robert Michaud, CFMP PRESIDENTS DAY
Betty Carr, Thomas Fox, William A. Ryan, Roger Miller Senior Vice President/CMO Monday, February 15th
E-mail: Contact Us@mhvfcu.com
Personal Teller Service Available
Administration Christopher Corallo, CCE
8 am-5 pm Board Members Emeritus Senior Vice President/CFO EASTER HOLIDAY
Mortgage Center Frederick W. Bell, Gordon L. Craw, Frank R. Jankowski Stephen A. Carle Saturday, March 26th
8 am-5 pm or by appointment Personal Teller Service Available
Norman E. Nitschke, Paul A. Pavlovich, Joseph T. Aiello Senior Vice President/ CLO
MHV Investment & Retirement Center
8 am-5 pm by appointment, x 3166 David Kellogg
Mid-Hudson Valley Insurance Agency Supervisory Committee Senior Vice President/ CTO
845.943.5540 Robert Pfeiffer, Chairman
Routing & Transit (ABA) Number: 221976243 Douglas Burt, Betty Carr Federally Insured by NCUA

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