Monthly Spotlight

Volume 7 • Issue 5
August • 2010
www.gmcu.com 800.808.2830
“Discover the Difference”

REG E OPT IN DATE APPROACHES

The date to make your choice whether you want
GMCU to continue to provide the Member Privi-
lege overdraft services for your ATM and one
time debit transactions quickly approaches.
GMCU provides all members in good standing
with a $500 overdraft service called Member
Privilege. We do not encourage overdrafting,
but in an emergency it can offer peace of mind.
Your Member Privilege limit may be available for
checks and other transactions made using your checking account num-
Auto Loan Rates as ber or automatic bill payment and recurring debit card payment. Also, at
your request, we may authorize and pay ATM transfers or withdrawals and
low as: everyday debit card purchases using your limit.
3.99 % APR* In order for us to continue to provide this service to you, it is required
that you “opt in” for the service. You may OPT-IN by completing a
form at any GMCU branch, on-line at www.gmcu.com, or call
for 48 months 800.808.2830.

Or If you do nothing, this service will be discontinued for

4.99 % APR*
for 60 months
*APR= Annual Percentage Rate. Cost per thousand is $22.57 for 48
month term. Cost per thousand is $18.87 for 60 month term. Col-
lateral must be 2008 or newer. On approved credit. Rate and terms
promotion can change at any time. Other favorable rates and terms
available for older collateral. New money only. Re-finance
from another financial accepted if collateral years met.
GMCU
Holiday
Closing
Greater Minnesota Credit Union will be closed on
Monday, September 6th in observance of Labor Day.
your everyday debit card purchases and ATM transac-
tions. Meaning, if you do not have enough money in your
account, or if the funds have not yet cleared, your card will be
declined.
* The effective date of the change is August 15, 2010 for accounts opened
before July 1, 2010. For accounts opened after July 1, 2010 the effective
date of the change is July 1, 2010. On August 15, 2010, we will not au-
thorize and pay overdrafts on ATM and everyday debit card transactions
without account holder consent. Overdrafts may be created by check, ACH,
online banking transactions, phone transactions or other electronic means.
An overdraft (OD) fee or insufficient funds (NSF) fee of up to $25 will be
charged for covering overdrafts that result in a negative balance. Recur-
ring debit card transactions (payments that are set up to bill and pay au-
tomatically), such as an automatic draft from your health club or insurance
company, may continue to be covered by your overdraft service. Once an
overdraft has occurred you are required to bring your account to a positive
balance within 30 days. We reserve the right not to pay if your account is
not in good standing. Contact us if you have questions.
Changes to GMCU Overdraft Fees
Rate Watch
Effective August 2, 2010 overdraft fees on the following Greater Minne-
sota Credit Union accounts will be capped at five (5) items / $125 per Loans
day, per personal share account: 00 – Prime share, 05 - CirCUs Club, Auto, New - 2008
06 - Secondary Share , 70 – Member Preferred Checking, 73 – Freedom ......................(as low as) 3.99% APR*
Checking, 74 - Advantage Checking, 88 - HSA Individual, 89 - HSA Auto 2007-2003
Family. For example, if you have two personal checking accounts, we ......................(as low as) 6.14% APR*
could pay five (5) overdrafts per account for a total of ten (10) per day. If Boat & RV, New - 2008
you have any questions, please call 800.808.2830 for more information. ......................(as low as) 5.04 APR*
Boat & RV, 2007-2003
......................(as low as) 6.64% APR*
GMCU GOES “BACK-TO-SCHOOL” Unsecured
FOR THE KIDS ......................(as low as) 10.99% APR*
Visa
Visit any GMCU branch in August and drop off your school supply ......................(as low as) 9.49% APR*
donation.
The school supplies donated will be given to the school districts in which Mortgages
our branches are located. First Mortgage
For a list of supplies needed, please visit any branch or our Web site in ......................(as low as) 5.54% APR*
August and click on the branch link. Home Equity
Thank you for thinking of “the kids” this fall. ......................(as low as) 5.54% APR*
Fixed-rate mortgages are available through the
THE GREATER MINNESOTA CREDIT UNION secondary market. For current rates and information,
SOCIAL RESPONSIBILITY COMMITTEE contact Carey at 320.679.3863 or 800.808.2830. Lowest
rate subject to credit score and checking/auto pay
relationship. Rates are subject to change at any time.

Certificates
WE’RE FIRIN’ UP THE GRILLS!
$500 minimum deposit.

FREE Member Appreciation 12 month...........0.75% APY**

18 month...........0.85% APY**
Lunches Are Back! 24 month...........1.16% APY**
36 month...........1.51% APY**
Come on over and sit a spell as you enjoy 48 month...........1.66% APY**
lunch on us. Dates and times for each of 60 month...........2.02% APY**
our branch locations are below. *Annual Percentage Rate.
**Annual Percentage Yield.
Penalty for early withdrawal. Rates are subject
Friday, Aug. 6 Ogilvie 11:00 am - 2:00 pm to change at any time. Rates are current as of
Friday, Aug. 13 Mora 11:00 am - 2:00 pm 7/23/10. For current rates, please go to www.
gmcu.com. For more information, contact our
Friday, Aug. 20 Isle 11:00 am - 2:00 pm Call Center at 800.808.2830.

Thank you to everyone who joined us in Elk River, Milaca and Pine City!

Branch Telephone # Mora, Milaca, Isle, Pine City and Ogilvie Branch Hours
Mora 320.679.3863 Monday - Thursday Friday Saturday
Milaca 320.983.2511 Lobby: 8:30 am - 4:30 pm Lobby: 8:30 am - 6:00 pm Drive-thru: 8:00 am -12:00 pm
Isle 320.676.3607 Drive-thru: 8:00 am - 5:00 pm Drive-thru: 8:00 am - 6:00 pm
Elk River 763.441.3842 Elk River Branch Hours
Pine City 320.629.1178 Monday - Thursday Friday Saturday
Ogilvie 320.272.9918 Lobby: 8:30 am - 4:30 pm Lobby: 8:30 am - 6:00 pm Lobby: 8:30 am -12:00 pm
Drive-thru: 7:30 am - 5:00 pm Drive-thru: 7:30 am - 6:00 pm Drive-thru: 8:00 am -12:00 pm
Call Center Hours
Monday - Thursday Friday Saturday
7:30 am - 5:00 pm 7:30 am - 6:00 pm 8:00 am -12:00 pm