A Loan Rate that Won’t Melt Away!A lower interest rate doesn’t only mean a lower cost on your loan overall; it could also reduce your monthly payments. That’s more money in your pocket every month. Whether you use it for other delicious treats is entirely up to you!
Here are just a few of the mouth-watering benefits you’ll experience with a refinance:
- Rates as low as 4.19% APR*
- No processing fee
- No pre-payment penalty
- Convenient automatic payments & payroll deduction options
- Fast and simple application process
So satisfy your craving for a lower vehicle loan rate with Honda FCU Refinance. Just give us a call at 1.800.63.Honda (1.800.634.6632) or apply online through Internet Banking at www.hondafcu.org and select eLoans.
Don’t be left holding the wrapper! This sweet deal is only good through March 31, 2010!
If you are an Alabama, Indiana or Ohio resident, visit one of our DealerNet dealer locations for convenient one-stop shopping. For a list of participating dealers, call 1.800.63.Honda (1.800.634.6632). Or log on to www.hondafcu.org and click on the DealerNet icon.
*4.19% APR is based on new or used auto loans financed for 66 months or less. The rates for auto loans range from 4.19%-15.04%. All new or used auto purchases are based on current loan rates and terms. Minimum auto loan amount is $3,000. For rates on motorcycles, ATVs, PWCs, boats, or RVs, please contact a Member Service Representative at 1-800-63-Honda (1-800-634-6632) or visit us on the web at www.hondafcu.org. All loans are based upon credit qualification. Not all members will be eligible.
** Refinance not available for existing HFCU loans.
Stop dreaming of what you will do once you retire, and start saving for it. Honda FCU has many retirement savings options, some of which have tax advantages:
-
Traditional IRA* — Contributions and earnings are not taxed until withdrawal. The maximum contribution per year is $5,000, but you can add an extra $1,000
if you are at least 50 years old. Two factors determine whether or not your contributions
are tax-deductible: A) your income tax filing status, and B) whether you or your spouse participated in an employer-sponsored retirement program.
- Roth IRA** — Contributions are non-tax deductible. In exchange, members with an
account that has been open for at least five tax years can qualify for tax-free withdrawals
(including earnings) if one of these conditions is met: owner is at least 59½ years old,
the death or disability of the IRA holder, or receipt of a qualified first-time home buyer
distribution. The maximum contribution per year is $5,000, but you can add an extra
$1,000 if you are at least 50 years old.**
- Coverdell ESA* — This type of account allows you to make non-tax deductible
contributions up to $2,000 a year, per child, until the child’s 18th birthday. Earnings grow
tax-free as long as the proceeds are used to pay for qualified education expenses including
elementary or secondary school, higher education, or college. Costs can include items such
as tuition, transportation, or uniforms!
Speak to a Honda FCU representative about your savings options and their tax advantages before April 15, 2010! Call us today at 1-800-634-6632!
*Ask your tax advisor about the limits and conditions associated with tax advantages of these types of accounts.
**Income limitation for eligibility.
eRefunds – Using the Correct Data
It’s tax season, and in today’s age of technology, e-filing your taxes and receiving a direct deposit of your refund into your account is becoming a popular demand.
Whether you file your income taxes electronically or by mail, you still have the option of Direct Deposit of your refund. We find that many members make errors when providing their account information to the IRS.
Here are a few tips to assist you:
- Item b above: Routing Number – the 9-digit routing number can be found on the bottom left-hand corner of your checks, as part of the MICR number. (MICR, Magnetic Ink Character Recognition strips are used by the U.S. banking system to automate check processing.) The routing number for Honda Federal Credit Union is 322275746. (Keep in mind, this information can also be used in establishing Internet Bill Payment services through Honda FCU).
- Item c above: Type - select either Checking or Savings. Should you elect to have your refund deposited into your Money Market account, you would select checking. (Please note: direct deposit of your tax refund into a secondary savings account is not permitted.)
- Item d above: Account Number – if you’ve elected to have your direct deposit posted to your savings account, you will enter the 10-digit master account number displayed on the upper right-hand corner of your statement. If you elect to have your refund deposited to your checking or Money Market account, use the 11-digit checking account number located next to the routing number on your checks, as illustrated below
Many members continue to use the 10- digit main Membership Account Number (which starts with a 76*** or 78***). While this number is used to identify your account within Internet Banking or Audrey Automated Teller, this 10-digit membership account number is a default to your savings account. If you have used this number in the past and you have not updated your account information, you should update it with your tax agency or you may experience delays or your tax refund may be returned back to the agency. This information also applies to all ACH debits and credits.
Should you have additional questions regarding which numbers to use, please stop by your local HFCU branch or call us at 1.800.63.Honda (1.800.634.6632).
Holiday Savings Club Account is Now Available! Open up your Holiday Savings Club Account for your 2010 wish list. By saving a set amount each pay period, you'll be able to afford everything on your wish list without paying any interest! And you'll earn 1%* above our current regular savings rate on the money you save!
To learn more or to open up your Holiday Savings Club account you can log in to Internet Banking and select eShares and open up your account online, visit your local Honda FCU branch or call one of our friendly Member Service Representatives at 1-800-63-Honda (1-800-634-6632)!
*Initial deposit of $5.00 is required to open a Holiday Savings Club Account. Save all year long.
Money will be transferred to regular savings account on November 1 of each year the Holiday
Savings Club Account is open. Any withdrawal from the Holiday Savings Club account prior to
November 1 will result in the balance being transferred to your Regular Savings Account, and a
penalty of all dividends paid from November of the previous year will be assessed. If the Holiday
Savings Club account is closed or if a withdrawal is made during the month of December, a
penalty of dividends paid from November of the same year will be assessed. A dividend rate of
1% above the HFCU regular savings rate and APY is paid on that portion of your average daily
balance that is $2,500 or less. The regular savings rate is paid on that portion of your average daily balance that is greater than $2,500.
NEW Mobile ATM and Branch Locator Service from Honda FCU!
Now from your cell phone, you can locate the nearest surcharge-free ATM and a Shared Branch by visiting us at www.myhondafcu.mobi on your phone anytime of the day, 24/7!
To find a surcharge free ATM:
- Visit www.myhondafcu.mobi
- Click on ATM locations
- Select Search Co-Op and Alliance One ATMs
- Enter a zip code, or address, city or state and hit GO
A list of surcharge-free ATMs closest to the information you specify will be displayed.
To find the closest Shared Branch, the member will need to:
- Visit www.myhondafcu.mobi
- Click on Branch Locations
- Scroll to the very bottom of the page and click on Search for Shared Branches
- Enter a zip code, or address, city or state and hit GO
A list of shared branches closest to the information you specify will be displayed.
You must have internet service through their mobile phone in order to use this ATM and branch locator service. Stop paying fees to access your money and look for your nearest surcharge ATM or shared branch, today!
We have the perfect gift for your Valentine!
For the holidays, birthdays, graduations, business gifts, or other gift giving occasions, purchase and give a Visa Gift Card to show your appreciation. Accepted at any location where Visa Debit cards are accepted worldwide, the Honda FCU Visa Gift Card makes a perfect gift. Our unique design makes it special. It illustrates Honda’s innovation and technology. So, visit a branch today to purchase your special gift!
Each card can be loaded with $5.00 to $750.00, and costs $3.95. Use your Honda FCU deposit account or debit/credit card to pay for the purchase. As long as a card is registered, it is replaceable if lost or stolen. Also, once the card is registered, it can be used for phone and internet purchases. To register your card, go to www.hondafcugiftcard.org.
If you have more questions, visit our FAQ sheet here.
