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Open or add to a Home Equity Loan & get $100!
 If you have projects to do this spring and need an affordable way to finance them, consider a Home Equity Loan from PCU. Use your equity to fund:
- Home improvements
- Debt consolidation
- New car, boat or RV
- College expenses
- Family vacation
Plus, if you bring your home equity loan from another lender, open a new home equity line or loan, or increase your current home equity loan with PCU by at least $15,000, we'll waive your closing costs and pay you $100.**
PCU's variable rate Visa Platinum Home Equity Line of Credit offers easy access and rates as low as 5.00% APR.* If you prefer the security of a fixed-rate, PCU also offers a Home Equity Installment loan, with rates as low as 6.00% APR.*
Don't delay – this offer ends June 30, 2008. Apply online or call 651-770-7000 or 800-247-0857.
* Annual Percentage Rates as of 3/24/08. Fixed Rate Home Equity Loans start at 6.00% APR; actual rate based on applicant's payment and credit history. 5.00% APR Visa Platinum HELOC includes 0.25% discount for balances over $25,000. The APR can change monthly on the first day of the billing cycle. There is no yearly APR cap; maximum APR is 15%. Example of payment terms: If you make the minimum monthly payment with no additional advances it would take 11 years and 6 months to pay off a loan of $10,000 at 5.25% APR. During that period you would make 60 payments ranging from $40.28 to $44.59, followed by 79 payments of $150. The variable rate Home Equity Line of Credit is based on the national Prime Rate as published in the Wall Street Journal on the 20th day of each month. Rates subject to change. Closing costs range from $300 to $900. If an appraisal is needed, the cost is paid by the borrower. Minimum loan amount: $10,000; up to 90% LTV. Consult your tax adviser about potential tax benefits.
** Minimum loan amount $15,000; must be Home Equity loan from outside PCU, new Home Equity loan or line, or increase on current PCU Home Equity loan to qualify. A minimum initial draw of $15,000 is required. PCU reserves the right to debit members account for value of cash incentive if credit line is closed within 90 days of opening. Offer ends June 30, 2008. Member responsible for all applicable taxes.
Maintenance alert
We will be performing system maintenance on Saturday, May 17 from approximately 3:30 p.m. to 9:00 p.m. During this time, PAL 24-hour Touch Tone Teller Service and PC ACCE$$ Online Banking may be unavailable. We apologize for any inconvenience this may cause and thank you for your patience.
It pays to  PCU!
Do you know someone looking for a trustworthy financial partner? Would you like to earn some $$ for making the connection? Once again in 2008, PCU will reward loyal promoters with $25 for every qualified referral.
Plus, at the end of each month, the names of all referring and new members from that month will be placed in a drawing for one of five PCU Visa Gift Cards. Winners will be chosen at random to receive a PCU Visa Gift Card in the following amounts: (1) $500, (1) $250, (2) $100, (1) $50.
How it worksBecome a “PCU Promoter” by referring your friends, family, neighbors and coworkers to the credit union. For each successful referral you make, we'll credit your Share Savings account $25 - it's that easy! There is no limit to the number of referrals you can make, and no cap on the rewards you can earn. It's our way of saying thanks for helping to spread the word about PCU.
New members must open a checking account or have a combined loan, deposit or investment balance of $1,000 or more at account opening. New members 18 years of age and younger do not need to meet these requirements.
Take advantage of this money-making offer by inviting your friends, family, coworkers, neighbors – everyone you know – to open an account at PCU today! See official rules for details, or call 651-770-7000 or 800-247-0857.
PCU provides mortgage solutions you can trust
In the market for a new home? Worried about getting approved in today's housing environment? You need a partner you can trust - PCU Mortgage.
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If you're looking for stability amid the turmoil in the mortgage industry, look to your credit union. PCU has been helping members achieve the dream of buying a home since 1926. We provide home loans that fit our members' needs, not "corporate greed."
PCU's experienced loan officers are personally committed to helping members become successful homeowners by making sure they are given exceptional service and best product to meet their financial goals.
In addition to a multitude of home financing options, you'll also find complete closing services through Trusted Solutions Title. While some homeowners wonder what company will service their mortgage from month to month, PCU retains the servicing on the majority of our mortgages. Plus, our team is just a quick phone call away if you ever have a question or concern.
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PCU is also committed to educating new and existing homeowners through our free seminars with no strings attached. If you're not quite ready to buy a house, but would like to start planning for a future purchase, we will help you set realistic goals. If you are seeking someone you can trust, look to your credit union.
Support legislation to improve credit unions
Credit unions and Congressmen from across the country are rallying behind the Credit Union Regulatory Improvements Act (H.R. 1537). Commonly known as CURIA, this bill includes several provisions to help improve credit union services and offerings.
Credit unions are organized under a cooperative model and consider member service their number one priority. PCU strongly supports CURIA, which was introduced in the U.S. House of Representatives on March 15.
PCU, along with other credit unions around Minnesota, supports this legislation because:
- CURIA would strengthen communities by allowing credit unions to serve areas whose residents currently lack traditional banking services.
- CURIA would increase members access to business lending, a service that has been demanded by credit union members.
- CURIA would allow credit unions to provide members with better and more affordable services.
- CURIA would require that at least 30% of a credit unions members participate in any vote to convert the credit union to a bank, thus strengthening the democratic nature of credit unions.
Not only does your credit union think CURIA is important, but 126 Members of Congress from around the country agree! All have added their names as supporters or co-sponsors of this significant credit union legislation.
However, in order to be successful, we need more supporters in Congress - including those individuals representing Minnesota.
We need your help!
Please take a moment to contact your Congressional representative by phone, mail or email and ask him or her to support CURIA. Don't know who your Congressman is or how to contact him/her? Visit www.greatcreditunions.org and click find your legislator.
Credit unions in Minnesota serve more than 1.5 million members - your relatives, neighbors and co-workers. Join PCU in support of the Credit Union Regulatory Improvements Act. Thank you!
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