Assets: $121,957,290
Membership: 8,044
July 2018 - In This Issue:
Meet Our Team
Mona Aliseo started with JMAFCU in 1988, after five years with World Omni Leasing. This year she is celebrating 35 years with JMFE and has plans to go to Italy. Mona was recently promoted to AVP of Operations, in charge of JMAFCU's member experience in every office. 
If you want excellent personal service with a smile, come visit Mona in the Deerfield office in the 111 building or call her. And remember...JMAFCU has money to lend, and Mona can process your loan request quickly and efficiently.

Who's Your Beneficiary?
A very popular credit card commercial asks the question, "What's in your wallet?" We hope your answer is your JMAFCU Visa ® credit card, but we have an even more important question: Who's your beneficiary? If you are not sure, call the JMAFCU contact center right away at  (800) 581-2256 to make sure that you have designated a beneficiary for your JMAFCU accounts. Yes, it is that important. JMAFCU, protecting your finances.  


Auto Loans From JMAFCU

A low-rate JMAFCU auto loan is like a cold popsicle on a hot summer day!

There's nothing better!
Rates as low as  2.15% APR* (new) 
or  2.34% APR* (pre-owned).

Available terms up to 72 Months.

*APR = Annual Percentage Rate. Terms and conditions based on an evaluation of each applicant's credit history. Members may acquire vehicle loans with payment periods of up to 72 months and financing up to 100% of the purchase. Payments may be established as monthly, semimonthly, biweekly or weekly. You may pay by check, an automatic deduction from your account, direct deposit, payroll deduction or transfer.
JMAFCU Has a New Contact Center


To serve you better, JMAFCU has created a central contact center to handle all of your calls. When you call the contact center, you may notice that your call is answered by someone other than the staff at your local branch. Our goal is to provide you with excellent, seamless service across all platforms. We believe you will enjoy the service. Please let us know what you think.
Red, White & Barbecue

Summertime is almost here, and JMAFCU is firing up the grill with a "Red, White & Barbecue" personal loan special!  
Simply borrow $2,000* or more, and we'll let you select the gift of your choice:
  • 8-piece BBQ set
  • Portable briefcase BBQ grill
  • 24-can easy-access cooler plus wine bottle holders**

This limited-time special is only available now through July 31, 2018, so apply today while the offer is still hot!

*New loans only. Terms and conditions based on creditworthiness.
**No alcoholic beverages provided.

7 Ways to Spot a Loan Scam

Your credit is trending the wrong way, and you're desperate for a loan. Unfortunately, though, it seems that no reputable institution is willing to work with you - and the few that are offer very unforgiving terms. 

Then you see it: an ad for an easy loan for which almost anyone can qualify. Plus, there's the promise of great terms and a willingness to work with borrowers in any financial state. It's a dream come true! 

Or, more likely, it's a scam. 

Loan scams target people who are in dire straits and likely will do anything to get their hands on some cash. 

Once a loan scammer has snagged a victim, they will have the borrower fill out an "application" with sensitive and personal information. The scammer will use the victim's information to hack their accounts.
Arm yourself with knowledge and awareness. Here are seven ways to spot a loan scam: 

1.) There's no credit check 
Reputable lenders will verify that the borrower can, and will, repay the loan before they agree to the transaction. If a lender doesn't bother to check your credit, you're about to get scammed. 

2.) You're asked to pay an upfront fee 
When a lender asks you to pay for loan collateral, insurance or other fees using a prepaid debit card, it's a scam. Back out of the deal before it's too late.
3.) The lender isn't registered in your state 
As per the Federal Trade Commission (FTC), every lender and loan broker must be officially registered in the states where they do business. A legitimate lender will have a list of those states posted on their site. If you can't find this information and the lender refuses to provide further details, they are likely not legitimate. 

4.) The lender is not affiliated with any financial institution 
Authentic lenders must operate under a bank or credit union charter. This information should be posted on the lender's website. If it's missing, you might be dealing with a scammer.
5.) You're urged to act immediately 
If a lender pushes you to submit your information and make an upfront payment RIGHT NOW, it's probably a scam.  
6.) The site isn't secure 
Verify the site's security by checking for an "s" after the "http."  For example, If it's there, the site is secure; if it's not, back out now! You should also check the site's security as soon as you hit the homepage. Lots of hackers use keystroke loggers to record as you type. So, even if you don't hit submit, they may already have the information they need to scam you. 

7.) The lender has no physical address 
Do a quick online search using the lender's official name. If it's legitimate, a search should bring up a physical address for the company. If the lender's name doesn't turn up anything beyond the online world, opt out immediately. 

Short on cash? Let us help! Call, click or stop by JMAFCU today to learn about our personal loans and more. 

This is an important   notice of the changes to the  Mobile Deposit endorsement requirements.

All checks deposited using Mobile Deposit are to be restrictively endorsed as follows: 

Payee Signature(s)
Account Number
JMAFCU Mobile Deposit Only

Mobile Deposits received without this
endorsement may be denied and returned to you.

If you have any questions or need additional
information, please call our contact center
at 800-581-2256, Monday
through Friday,
8:30 am to 4:30 pm, Eastern Standard Time.

Don't Leave Estate Problems for Your Family

Some individuals' estates create difficulties for their surviving families - while the estates of many others do not. The difference is usually due to gaps in planning.

Carefully making advance arrangements for the assets you will leave behind can mean that your family will not experience problems with your estate for reasons such as missing documents, lack of tax planning, or a funding omission that prevents a trust from working as intended.

Document Gaps
Missing or outdated documents may result in your assets not being distributed as you intended.

A will is the foundation of an estate plan. Yet some individuals never get around to writing a will - or they create one, but let it become outdated.

For example, they may not change it after a marriage, a divorce, or the birth of a child. Or the will may name an executor (or personal representative) who either refuses to serve or is unable to do the job well.

Asset Titles
The way your assets are titled is also important. For example, life insurance proceeds become part of the policy owner's estate. Having someone else (or a trust) own the policy can keep the insurance money out of your estate - and out of tax danger.

Beneficiary Designations
Although their family situation changes, many individuals don't change the beneficiary designations they've made for their 401(k), IRA, or other retirement assets. Simply reviewing and revising your beneficiary choices periodically can prevent potential estate problems.

Follow Up
Once you have a plan in place, it's important to follow through on it. For example, as part of your planning, you might decide to create a living trust. But securing the advantages of the trust requires completion of the trust arrangements, including the transfer of assets to the trust. Unfortunately, individuals sometimes create a trust, but, for one reason or another, do not take the final funding step.

Your financial and family situations could very well change in the future. Be sure to review your estate plan periodically to make sure it still meets your needs.

For more information, contact:  

Tamara Pataky Kidd, J.D.
Vice President &  Senior Trust Officer
MEMBERS  Trust Company
(888) 727-9191 extension 717
JM  Associates Federal Credit Union