We hope you are enjoying the start to your summer! In this issue of The Atlantic Federal Credit Union newsletter, you'll find the latest in Member benefits, community news and more.

As always, thank you for your Membership!

Earn 3% Back with the Inspire Rewards Credit Card

Introducing Thea

Meet Thea, your 24/7 virtual assistant readily available to answer your banking questions. You can find Thea on The Atlantic Federal Credit Union's website, and you will be able to speak with Thea when contacting us by phone in the very near future.

Thea is a great resource for many questions and is well equipped to connect you with a Member Service Representative via chat, video or voice with the click of a button.

Say hello to Thea at TheAtlanticFCU.com today!

Lease-Like Payment Saver Auto Loan

Looking to get behind the wheel of your dream car without going over budget? Look no further than The Atlantic Federal Credit Union's new Payment Saver Auto Loan.

With our Payment Saver Auto Loan, you can lock in a lower monthly payment than a traditional auto loan with the flexibility of vehicle ownership. Think of a lease without the mileage restrictions!

At the end of the term of the Payment Saver Loan, you have the flexibility to refinance (subject to approval), trade-in or pay off the residual value of the vehicle.

Express Business Loan Application Now Available

Hey, business owners! The Atlantic Federal Credit Union is proud to help our neighboring businesses with access to financing to support growth and operations.

Our new Express Business Loan application makes it easy to submit your application online for quick document transferring, decisioning and funding.

Your One-Stop Shop

In addition to Express Business Loans, The Atlantic Federal Credit Union offers a full suite of solutions to support your business banking needs:

• Checking and savings accounts with very competitive fees
• Access to merchant services through Clover
• A business rewards credit card offering unlimited 2% cash back
• Traditional commercial financing for a variety of needs

To learn more, speak with a Business Specialist today!

New Online & Mobile Banking Services

Have you seen The Atlantic Federal Credit Union's new Online & Mobile Banking? With great features like Zelle^®, free access to your credit score, convenient card controls and more, it's never been easier to manage your banking any time and any where.

If you have not registered yet, get started today!

New-and-Improved Home Equity Options

Need money for a home improvement project or to cover unexpected expenses? The Atlantic's Home Equity Line of Credit is a great way to leverage equity in your home to get the cash you need.

For a limited time, you can borrow up to 100% of the equity in your home with an introductory rate of 1.99% APR³ for the first 6 months followed by a variable rate as low as 7.75% APR³ after the introduction period.⁴

Home Equity Loans Also Available

Interested in other home equity options? The Atlantic Federal Credit Union offers a new Home Equity 5/5 loan option with the flexibility of a rate that adjusts every 5 years.

United Way Book Drive

Thank you to everyone who donated to our Children's Book Drive in partnership with The United Way of Greater Union County! Together, we were able to collect and donate hundreds of books to help local students continue reading and prevent the "summer slide".

2023 Scholarship Winners

Congratulations to the winners of the Credit Union’s 2023 Scholarships: Alexa C. will be attending Pace University in New York, Seleyna B. will be attending Elon University in North Carolina, and Valencia J. will be attending Temple University in Pennsylvania. It was an honor to review application submissions from so many exceptional students throughout the communities we serve, and we wish all applicants the very best in their college careers and beyond!

Habitat for Humanity

Thank you to the Habitat for Humanity Fairfield NJ ReStore for the opportunity to help organize donations and move furniture to benefit the important mission of Habitat for Humanity. ReStores are independently owned stores operated by local Habitat for Humanity organizations that accept donations and sell a constantly changing inventory of diverse, high-quality merchandise to the public at a fraction of the retail price. Sales of donated items help Habitat for Humanity partner with local families to build, rehabilitate, and repair safe and affordable homes in our communities.

Cybersecurity Corner

Avoid Texting Scams: Be aware of suspicious texts asking for your personal information

Text scams are at an all-time high. One way scammers will try to steal your personal information is by sending a link that will prompt you to deny or approve a large transaction on a credit card. In reality, the link installs harmful malware on your phone which can steal personal and financial information without you realizing it. Here are some tips to help protect you from texting scams courtesy of Credit Union National Association:

1. Never click on links or respond to unexpected texts: If you think the text might be legitimate, contact the sender using a phone number or website you know is real. Never use the contact information provided in the text message. 

2. Filter unwanted texts: Your phone may have an option to filter and block spam or messages from unknown senders. 

3. Never give your personal or financial information in response to a request that you didn't expect: Honest organizations won’t call, email, or text to ask for personal information, such as Social Security number, account information, or credit card numbers. 

4. Stop and talk to someone you trust: Before taking action on a text that you received, reach out to a family member or someone you trust and ask them about the text.

The Atlantic will never call or text our Members to ask for personal information. If you have any concerns about a suspicious call or message, please call our Member Services team at 908-245-1750.

ATM Upgrade

The ATMs at the Union and West Orange branches will be temporarily unavailable while being replaced on or about July 31, 2023.

As part of this upgrade, Atlantic Federal Credit Union debit and ATM cards will no longer have surcharge-free access to ATMs in the Co-op network and The Atlantic Federal Credit Union will no longer accept deposits to external accounts effective July 31, 2023.

As of September 1, 2023, all debit and ATM cards will have surcharge-free access at more than 40,000 MoneyPass ATMs nationwide.

We appreciate your patience as we work to minimize any disruption during this upgrade. Stay tuned for additional information about the MoneyPass network coming soon.

Upcoming Closings

Independence Day: Tuesday, July 4th

Labor Day: Monday, September 4th

Columbus Day: Monday, October 9th

Locations & Hours

Phone: 908-245-1750

Website: TheAtlanticFCU.com

Email: info@atlfedcu.com

Union Branch:

Magie Hill Center

1331 Magie Avenue

Union, NJ 07083

West Orange Branch:

Essex Green Center

455 Prospect Avenue

West Orange, NJ 07052

Drive-Thru & Lobby:

Mon. - Fri.: 9 A.M. - 5 P.M.

Sat. 9 A.M. - 12 P.M.

¹Qualification and reward conditions apply. During the Bonus Rewards period from May 29, 2023 through September 4, 2023, Inspire Rewards Credit Card holders will earn 3% (3 points per $1) in rewards on net purchases to the card each billing cycle, up to a maximum of 15,000 points earned at the 3% rate. Following the expiration of the promotional period or the 15,000-point limit being reached, whichever is sooner, cardholders will earn 2% (2 points per $1) in rewards on net purchases to the card each billing cycle. Rewards can be redeemed for cash back in the form of a statement credit, merchandise or gift cards. See the Application and Solicitation Disclosure for full details. Credit card approval depends on creditworthiness and other qualifications.

²Comparison current as of June 30, 2023.

³APR = Annual Percentage Rate. Rate quoted is the lowest rate for qualified applicants. Other rates are available and may apply based on creditworthiness and loan to value. Rates are subject to change without notice.

⁴All loans are subject to credit review and approval. An immediate draw of $25,000 is required to qualify for the introductory rate. Any existing Atlantic Federal Credit Union Home Equity Line of Credit (HELOC) that is being refinanced in order to receive the new introductory 6-month APR requires a $50,000 increase in the credit line amount, subject to approval. 1.99% APR is an introductory fixed rate for the first 6 months for qualified HELOC borrowers. After the introductory period, the fully indexed rate will be a variable APR based on the Prime Rate as published in the Wall Street Journal (which as of 05/08/2023 is 8.25%) plus or minus a margin that ranges from -0.50% to 4.00% based upon individual credit and services with the Atlantic Federal Credit Union. The standard minimum APR (floor rate) is 3.00%, and the maximum APR (ceiling rate) is 18.00%. The introductory fixed rate is for a maximum combined loan-to-value (CLTV) ratio of 100%, with a maximum loan amount of $250,000. The maximum term of a HELOC is 25 years, which consists of a 10-year draw period followed by a 15-year repayment period. If the Prime Rate increases or decreases after the introductory period, the variable APR and minimum required payment will change accordingly. The minimum monthly payment during the draw period is calculated monthly based upon the outstanding balance over the remaining term of the loan but will not be less than $50 or the full amount owed, whichever is lesser. Promotion offered for a limited time and may be discontinued at any time. Offered rates are subject to change without notice. Additional terms and conditions may apply. $109 tax service fee may apply. Optional remote or in-house closing fee of $175 may apply.

This email was sent from an unmonitored inbox. Please do not reply directly to this email.

Federally insured by NCUA. Equal Housing Lender. NMLS #440431.