Assets: $117,976,686
Membership: 8,623
July 2017 - In This Issue:

Alerts Work!
Protecting Your Hard-Earned Finances

Did you know that you can set alerts on your account to notify you of changes? There are over 30 alerts, such as: address changed, audio/HB PIN changed, balance below any set amount, email address changed, withdrawal above any set amount and others.

To set your alerts, sign in to SAFE IB, select Online Services and then Member Alerts. 

Need Tools? JMAFCU Can Help! 
Attn: JMAFCU Members
Effective July 1, 2017, the vast majority of 7-Eleven ® ATMs in the United States will no longer be included in the Allpoint™ surcharge-free ATM network. 
Allpoint has removed those 7-Eleven locations from the Allpoint ATM locator and the Allpoint logo is being physically removed from 7-Eleven ATMs in conjunction with those locations no longer being part of the Allpoint Network, effective July 1, 2017.
The Allpoint network still has over 55,000 surcharge-free ATMs worldwide.

Until they are updated, the ATM locator in your mobile devices may still reflect 7- Eleven ATMs. To ensure that your transaction is surcharge free, look for the Allpoint logo before making your transaction.
We apologize for any inconvenience this may cause.

Get a $100 Cash Reward for Every New Line You Switch to Sprint
This new exclusive cash rewards offer is our best one EVER! Now, as a credit union member, you can earn $100 for every line when you switch to Sprint ®.
Here's how it works:
  • Members get a $100 cash reward for every new line when they switch to Sprint.
  • Current Sprint customers will receive a $50 cash reward for every line transferred into Sprint Credit Union Member Cash Rewards.
  • Plus, get a $50 loyalty cash reward every year for every line.
  Here's how to sign up for Sprint cash rewards:
  1. Become a Sprint customer.
  2. Register at or in the Love My Credit Union Rewards ® app.
  3. Allow up to six to eight weeks to see cash rewards directly deposited into your credit union account!

Make the switch today and save with the Sprint Credit Union Member Cash Rewards!

Six Ways to Save on Your Summer Vacation
The open road is calling and your dream vacation awaits! But first, you need to work out the financial details. How are you going to pay for your getaway?

Ideally, a plump vacation fund is the way to go. Unfortunately, though, many of us don't think about how we're going to pay for vacation until it's a few weeks away.

Be proactive in planning your vacation by saving up for it in advance. Forgo some luxuries in the months or weeks leading up to your vacation and put the extra cash aside for your getaway. When you've got the money saved up, create a realistic vacation budget.

These six vacation saving tips will help you plan a perfect getaway without busting your budget.

1.) Timing is everything
There is an ideal window for buying everything, and booking airline flights is no exception. Flight prices generally fluctuate until departure day, but experts say the sweet spot is 54 days before your travel date.
2.) Clear your cache
Hotel and airline sites use cookies to determine what you're shopping for - and then raise their prices accordingly. Beat the system by clearing your cache before every new search so they can't access your browser history.
3.) Sweet-talk your way to savings
Ask for an upgrade at check-in. About 78% of hotel guests who request an upgrade at the front desk actually receive one. Also, by 6 p.m., most hotels know which rooms will be filled for the night. If you check in later in the day, you'll have a better chance at getting the room with the incredible view - for an economy-class price.
4.) Never pay full price
Check sites like,,, and for deep discounts at local eateries and entertainment centers. You can also find cheaper tickets to nearby amusement parks by looking for sellers on Craigslist.
5.) Freebie fun
Challenge yourself to enjoy one day of your vacation without spending any money. Search local sites and blogs for write-ups about free things to do. You might find a charming farm, a fun splash pad for the kids or a scenic hiking trail.

Don't eat out on this day either. Many hotels include a continental breakfast - so take full advantage. For lunch, picnic on sandwiches. Dinner can be something effortless that you brought from home, like hot dogs cooked on a travel grill or omelets fried in a sandwich-maker.

6.) Save your mega event for the last day
End your vacation on a sweet note by saving your most exciting event for your last day away.

If you're unsure of how you're going to fund your getaway, call, click or stop by JM Associates FCU to ask about taking out a personal loan or joining a vacation club. We're here to make your dream vacation come true!

You Play. We Pay.
It's Freedom Season   
So Consolidate Debt & Celebrate Your Independence From High Rates!
This July, we're honoring life, liberty...and the pursuit of summer savings! Join in on the fun by consolidating your high-rate loans and credit cards to a JMAFCU personal loan. You'll enjoy:
  • A competitive rate
  • One payment each month
  • Major savings over the life of the loan 

Making the Investment Choice
There are a wide variety of investment vehicles available to the individual investor. You could invest in different assets like undeveloped land, residential rental property, business property, commodities, gold and other precious metals, art, your family's business and so on. However, investing is often about owning publicly traded securities like stocks, bonds, money market instruments or mutual funds that hold such investments.

When you buy a stock, you buy part of a company. Stock is often called equity because the word means "ownership." If the company you own does well, you receive dividends, which are your part of the profits. And if the share price goes up, you can sell your stock at a profit. If the company doesn't do well, you could lose some or all of your money.

The advantages of investing in stocks include higher potential returns over time than most investments offer and returns that historically have outpaced inflation.

Bonds are loans you make to corporations or governments. Unlike buying stocks (also called equity securities), which makes you a part owner in a company, buying bonds (or debt securities) makes you a creditor. Bonds are called fixed-income securities because they pay a specified amount of interest on a regular basis. A bond is basically an IOU that says if you buy a bond with a stated face value (usually $1,000), the issuing company or authority will pay you a set amount of interest twice a year and the face value at maturity - that is, the date on which the bondholder is repaid.

Fixed-income investments offer a steady income stream and historically less volatile price fluctuations than equity investments. But, fixed-income investments aren't without risk. Sometimes a bond issuer, for example, can run into financial difficulties, default on its bonds, and not be able to return the money you invested. And bond prices do move up and down, largely in reaction to interest rate swings. So, investors in bonds or bond mutual funds can't rule out the possibility of losing principal.

Cash is usually the third major category of investment securities. Investments in cash vehicles are kinds of liquid investments that can help you achieve your short-term or savings goals. These investments can include passbook, or regular savings accounts, money market deposit accounts, CDs, money market mutual fund accounts, U.S. Savings Bonds or U.S. Treasury Bills. Many financial institutions offer an assortment of these convenient places to park your funds in interest-bearing accounts.

Your principal is relatively secure and interest should flow steadily. An investor in high-quality money market securities has a very low risk of losing principal. The downside is comparatively low-return potential compared to bonds and stocks.

Mutual Funds
Today, instead of investing in individual stocks or bonds, many investors buy shares in professionally managed mutual funds. A mutual fund is an investment company that enables its shareholders to pool their funds as a single investment account using professional management.

When you buy shares of a mutual fund, the portfolio manager pools your money with the money of all other investors to buy and sell securities for the group. By placing money in a mutual fund, rather than an individual stock and/or bond, you become part of a multimillion-dollar organization. This gives you more clout in the marketplace and an edge over the small, individual investor. You also receive professional management, reduced brokerage fees and a greater diversification than most small investors can afford.

You can choose from thousands of stock, bond, balanced (stocks and bonds) and money market mutual funds. Each fund is managed toward a particular investment objective, such as growth, income or asset preservation. The mutual fund's prospectus will explain the fund's investment objective and tell you what securities the fund holds.

As a valued member of JMAFCU, you can take advantage of the Accel program, a free financial education and counseling program. Simply call 1-877-33ACCEL (332-2235) or visit them on the web at .
Get Trusted Protection at True Savings With TruStage Auto & Home Insurance Program
JMAFCU members can save big on car insurance with the TruStage ® Auto & Home Insurance Program. Coverage provides a number of popular benefits, so you'll enjoy true security and get true savings*  on what matters most.

Some members save even more from all of the discounts offered, including discounts on car insurance for:
  • Being a credit union member
  • Having multiple cars
  • Having anti-lock brakes
  • Being a good student
 Optional benefits:
  • 24/7 claims assistance (including holidays)
  • 24-hour Roadside Assistance*
  • Guaranteed repairs at network shops
Trusted by your credit union.
TruStage products and programs are made available to credit union members through TruStage Insurance Agency. Affiliates of TruStage have been providing insurance and financial services designed for credit unions and members for more than 80 years, serving more than 16 million credit union members.
See how much you could save with the TruStage Auto & Home Insurance Program.
Visit for your FREE, no obligation quote.
TruStage Auto & Home Insurance Program is made available by TruStage Insurance Agency, LLC and issued by leading insurance companies, including Liberty Mutual Insurance Company and affiliates, 175 Berkeley Street, Boston, MA. To the extent permitted by law, applicants are individually underwritten; not all applicants may qualify. Discounts are not available in all states and discounts vary by state. A consumer report from a consumer reporting agency and/or motor vehicle report will be obtained on all drivers listed on your policy where state laws and regulations allow. Please consult your policy for specific coverages and limitations. The insurance offered is not a deposit, and is not federally insured, sold or guaranteed by your credit union. Your credit union enables this insurance program to be offered and is entitled to compensation from TruStage Insurance Agency, LLC.

* Coverage is provided on the optional Towing & Labor Coverage endorsement. May vary by state. Applies to mechanical breakdowns and disablements only and may be subject to limits.

JM  Associates Federal Credit Union