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UCCU LifeLock: Protecting your Financial Freedom

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Identity theft is the fastest growing crime in the nation. One in four people have experienced identity theft.

Fortunately, there is a proven way to protect yourself. UCCU has partnered with LifeLock, the industry-leader in identity theft protection, to safeguard your good name and your financial security.

Enjoy the freedom of knowing your personal information and finances have protection. LifeLock’s comprehensive identity theft solutions are backed by award-winning member support, and sophisticated technology and monitoring.

The following chart shows three plans, each with varying degrees of protection, that you can purchase through UCCU.

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Visit UCCU’s LifeLock page for information about the program.

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Safe, Free, and Convenient: Visa Checkout

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V.meAs online shopping becomes more commonplace, online security naturally becomes more of a concern. However, with Visa’s V.me program, your financial information is protected in a safe, free, and convenient way. It eliminates the hassle of having to repeatedly enter card account numbers, billing, and shipping information.

Safe

V.me is a way for you to enter your credit card information only once, on Visa’s secure network. V.me becomes the third party through which all your online purchases are made. So instead of entering your UCCU card information each time you pay on a new site, your information is securely uploaded when you click on the Visa Checkout Button.

Free

Signing up for V.me is free. There are no hidden fees or annual membership fees associated with it.

Convenient

It is convenient to know that there is one place your information resides and through which all transactions will be processed. V.me also stores your shipping and card information, so you don’t have to enter it afresh every time you make a purchase.

Visit V.me for more information and to get your account started. The FAQ page can also be accessed for further inquiries.

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The Advantages of Mobile Banking

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There’s nothing wrong with being old school. If you’ve got a paper and pencil system that works for your finances then by all means stick with it–but  it can’t hurt try mobile banking to see how easy and efficient it can be.

Here are some possible incentives to at least giving it a shot:

  • You are better protected against identity theft since you typically are in touch with account activity more immediately.
  • It’s easier to track your balances since you have many different ways to access account information.
  • It’s better for the environment because of the lack of paper.
  • You are less likely to suffer overdraft or over-limit fees since you can access your account information easily and at any time.
  • You won’t ever suffer from insufficient funds or other problems due a mistake in your math or record-keeping.
  • UCCU allows you to deposit checks or perform other tasks through our mobile app eliminating an extra trip to your local branch.
  • Mobile banking is completely free.
  • There’s no waiting in long lines.
  • Mobile banking can be done at any time day or night.
  • Automated online bill-paying features mean never forgetting a bill that’s due. Plus, you don’t have to buy stamps or manage the mess of a bunch of paper bills floating around.
  • Transferring money between your accounts literally takes seconds.
  • Sending money to others is easy and quick. Once you set up a connection between your account and that of another person, you can transfer funds instantly.
  • Mobile banking makes it easy to access your money no matter where you are.

Mobile banking is secure, easy, and free. Download our mobile app today and make your banking experience as convenient as it should be. Visit UCCU.com/mobile for more details.

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New Lifelock Promo Code for Members

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Utah Community Credit Union is your partner in reaching your financial goals. That’s why we’ve partnered with LifeLock, the industry-leader in identity theft protection, to safeguard your good name and your financial security.

Sign up for LifeLock Standard Identity Theft Protection and receive a 10% discount* plus a $10 Amazon Gift Card. Use the code UCCUDM3

LifeLock works to protect your identity by:

  • Tirelessly monitoring your personal information
  • Patrolling criminal websites for the illegal buying, selling or trading of your personal information
  • Alerting you to potential threats within an extensive network

Help protect your assets—and your good name—with this special benefit to help stop identity theft before the damage can be done.

For additional details on how LifeLock can HELP protect you from identity thieves, click here.

Visit any UCCU branch or call 1-800-453-8188 today to activate your benefits and take advantage of this special offer!

*Offer is for new LifeLock members only. Upon enrollment and after the 30-day trial period, the account designated below will automatically be billed for the LifeLock StandardTM ($8.99), LifeLock AdvantageTM ($17.99) or LifeLock Ultimate PlusTM ($26.99) monthly fee plus applicable sales tax. Your LifeLock membership will be canceled if your account doesn’t have sufficient collected funds, is closed, if a stop payment order has been issued or if there are legal orders, levies or liens against your account that prevent Utah Community Credit Union from collecting the applicable LifeLock fee.
**Must be an active LifeLock member 31 days after enrollment to be eligible for the gift card. Please allow up to 8 weeks for receipt of gift card. Offer is for new LifeLock members only.
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Apple Pay is Now Here!

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The wait is over; UCCU members can now use Apple Pay with UCCU’s credit and debit cards. From now on, you never have to search through your wallet to find the right card. Instead, Apple Pay allows you to use Touch ID to make purchases with a single touch of your finger.

Apple Pay can be used with the following devices with iOS 8.1 or later: iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2, or iPad mini 3. Set up is easy. Simply take a picture of the UCCU credit or debit card in your Passbook app or type in the credit or debit card information manually and follow the prompts. In minutes you can be ready to go.

Apple Pay also allows you to pay within apps as well. All you need to do is select Apple Pay and place your finger on TouchID.

Every transaction you make with Apple Pay is protected by a transaction-specific dynamic security code. Plus, with Apple Pay, you no longer have to worry about exposing your personal information to the cashier.

UCCU is excited to share this news with our members. Add your UCCU debit or credit card to Apple Pay today!

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Take the First Step – Start Planning Your Financial Future

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President's Message January 2015

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As 2015 gets underway we note the relatively strong local economy. Unemployment is low, job creation is positive, population growth is strong, and consumer confidence continues to rise.

Of course, our local economy is still impacted by the national and global economic trends. Monetary policies in the country and in Europe continue to rely on government intervention to keep rates low, and spur on a continuing but stubborn recovery. Recent developments in the energy industry bring us sharply lower oil and gas prices. While we enjoy filling up our cars for a lot less money, the low prices are creating havoc in many countries around the world.

The European Union is bracing against economic declines with several countries already in recession. Japan, the third largest world economy, continues to struggle under the weight of massive debt. We watch with great interest as our own national monetary and fiscal policies evolve with the new congress. 2014 was the best year for US job creation since 1999 with a reported drop in unemployment to 5.6%.

National and global uncertainties notwithstanding, we feel fortunate to be enjoying a very robust local economy and the opportunity we have to serve you, your family, and this community. Most economists agree that, overall, economic trends are positive and the recovery is continuing. We remain optimistic about the future!

Six things to keep in mind as you plan for 2015: 

  1. With rates expected to rise in the near future, the credit union created a home equity line of credit that stays fixed to help hedge against a payment going up. Home equity lines of credit typically have a variable rate – which can be the best option at times, but this new home equity has a fixed rate for 10-years! Your payment can remain low for the next decade – no matter what happens in the economy. Call a home equity loan expert today at 801.223.7750 or click here to visit us online.
  1. As your not-for-profit financial partner, UCCU works hard to provide you and your family with valuable services, products, and information to help you set and achieve your financial goals. In additional to low-cost loans, free checking, convenient online and mobile account access, the credit union offers valuable services that fit every stage of life. From youth banking services with our award winning BeMoneySmart program, to any investment, insurance, or Medicare need with the UCCU Financial Group, the credit union has you covered. We want to be your “first choice” financial partner.
  1. For a fun and engaging way to teach your family, church, school, civic, or scout group about money, attend a free class from Money Made Easy – sponsored by UCCU. Money Made Easy classes make it easy to learn important financial principles through a series of interactive lessons and hands-on activities. Schedule your FREE class by calling Tom Painter at 801-235-9100 or click here for more information.
  1. The credit union is here to serve your needs. This is the best institution for low rate loans without the worry of changing rates or hidden fees. If you have a loan that is not currently with the UCCU, I personally invite you to call, go online, or visit with one of our loan officers to see about lowering your rate and saving you a lot of money. It’s time to make the move.
  1. Worried about all of the credit card fraud? EMV Chip card technology is your best defense against credit card fraud. When the EMV chip card came out, your credit union jumped on board – which is why we were able to be the first to offer EMV Chip cards to help protect your finances from criminals. Upgrade your card and bring your balances over and get a low 6.99% APR.
  1. If you have any commercial lending needs — either a new loan need or a refinance — our commercial loan professionals can help. Ask about our low rates, quick turn-around, and great terms with no pre-payment penalties.

We look forward to 2015 and appreciate the opportunity to be your trusted financial partner. Take advantage of your membership at Utah Community Credit Union this year.

Thank you for being a member!

Jeff Sermon
President/ CEO
Utah Community Credit Union

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Distributions From Retirement Plans

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If you’re like many Americans, you’ve been setting aside money for your retirement. Now that you’re near­ing retirement age, it may soon be time to start drawing money from your qualified retirement plans. Withdrawing money from a retirement plan is called “taking a distribution,” and there are a variety of ways to do it. We’re going to review several approaches.

UCCU Financial Group provides a wide range of services, with the primary commitment of helping our clients pursue their unique financial objectives. Our firm wants to help you develop a financial strategy tailored to your goals, values, and risk tolerance.

Some retirees may have several sources of income. Among them are retirement plans, such as traditional IRAs and Roth IRAs, as well as 401(k) and 403(b) plans. Of course, you may receive Social Security ben­efits and some people also have other investments and savings that they intend to use during retirement. If you’re nearing the age when you may consider drawing money from your qualified retirement plans, you face a number of important distributions decisions.

Remember, withdrawals from traditional IRAs, 401(k)s, and other employer-sponsored retirement plans are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty. Generally, once you reach age 70½, you must begin taking required minimum distributions.

To qualify for the tax-free and penalty-free withdrawal of earnings, Roth IRA distributions must meet a five-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawal also can be taken under certain other circumstances, such as after the owner’s death. The original Roth IRA owner is not required to take minimum annual withdrawals.

Keep in mind that the information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult a professional for specific information regarding your individual situation.

Learn more at:  www.ucinvestmentservices.com
Or, contact Steve Lloyd at (801) 223-7502 or by email: Steve Lloyd lloyds@peakfns.com to set an appointment with one of our financial professionals.
Curtis Willardson, CFP, CLU, Daniel O Palmer, Stephen Martin CFP, CLU, ChFC and Travis Morgan are registered representatives offering securities and and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC. David Palmer is a registered representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC.  Cetera is under separate ownership from any other named entity. Registered address: 188 W River Park Drive, Provo, UT 84604.
Not NCUA/NCUSIF Insured – No Credit Union Guarantee – Not A Deposit – May Lose Value
Not Insured By Any Federal Government Agency.
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Retirement Matters

Retirement living conjures up various images. Some see retirement living as traveling. Others envision more family time. Still others simply look forward to more free time. No matter what your view, there are a number of questions and concerns that should be addressed to help you better prepare for retirement living. Because in order to pursue your goals and dreams for retirement, it is necessary to determine a strategy for your future. Otherwise, your choices may be limited and your options few.

 The UCCU Financial Group provides a wide range of services with the primary commitment of helping our clients pursue their unique financial objectives. We want to help you develop an overall strategy tailored to your goals, risk tolerance, and time horizon.

 Our firm is dedicated to helping individuals evaluate their financial situations. We want to provide people with tools that can help them make informed decisions. We offer informational material on a wide range of topics because we understand that individuals have diverse financial needs. If you have any questions or concerns during the course of this presentation, we invite you to take advantage of our complimentary consultation. During the consultation, we can discuss your questions and begin the process of helping you develop a financial approach that will address your individual needs.

 Keep in mind that the information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult a professional for specific information regarding your individual situation.

Learn more at: www.ucinvestmentservices.com
Or, contact Steve Lloyd at (801) 223-7502 to set an appointment with one of our financial professionals.
Curtis Willardson, CFP, CLU, Daniel O Palmer, Stephen Martin CFP, CLU, ChFC and Travis Morgan are registered representatives offering securities and and advisory services offered through Cetera Advisor Networks LLC, member FINRA/SIPC. David Palmer is a registered representative offering securities through Cetera Advisor Networks LLC, member FINRA/SIPC.  Cetera is under separate ownership from any other named entity. Registered address: 188 W River Park Drive, Provo, UT 84604.
Not NCUA/NCUSIF Insured – No Credit Union Guarantee – Not A Deposit – May Lose Value
Not Insured By Any Federal Government Agency.
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