Apply online for a fixed rate loan*, get a 1/4% rate discount!

Annual Percentage Rates as low as:

• New Auto Loans: 1.99%
• Used Auto Loans: 2.99%
• Motorcycle Loans: 5.99%
• Computer/Education Loans: 7.99%
• Boat/RV Loans: 4.99%
• Personal Loans: 8.99%

Apply for a loan in as little as 15 minutes:

• By phone Monday - Friday, 9 am - 6 pm EST (until 7 pm on Fridays)
• In person with an experienced loan specialist
• Online 24 hours a day!

Approvals are given within an hour or by the next business morning.

* All rates quoted are the lowest possible rates available. Rates are dependent on credit history, loan term, down payment, repayment method and/or loan amount. Application must be submitted by 03/31/12; loan must be disbursed by 04/13/12.
Excludes all Home Equity Loans, Share/Certificate Loans, Rediline Loans, and refinances of existing LMFCU Loans. Existing minimum rates still apply.
1/4% rate discount is subject to the minimum rate for each specific loan program.

Research. Shop. Buy. With AutoSMART online.

NEW MOBILE APP! Credit union members and consumers with an iPhone or Android can shop and research their next vehicle, access their pre-approved credit union loan, scan through dealer inventories, request vehicle quotes, and even sell their existing vehicles - all from the palm of their hand. Plus, the CUDL AutoSMART Mobile Apps are FREE to download. Visit www.lmfcu.com, click on the AutoSMART logo, and find the link for mobile apps on the right hand side of the page.

73 PARTICIPATING DEALERS The largest dealer group in Maryland, Mile One (Heritage), has signed up to participate in our AutoSMART program this past year. That brings the total number of participating AutoSMART dealers up to 40 in the Baltimore area, 13 in the DC area, and 20 dealers in south eastern PA.

• Get Online Dealer Quotes For New & Used Vehicles!
• View Dealer Vehicle Inventory
• "Build" Your New Vehicle & Request a Price Quote
• Perform Side-By-Side Vehicle Comparisons
• Check New Vehicle Cost Information
• Research Used Vehicle Values
• Review JD Power Vehicle Ratings
• Extensive Vehicle Tips & Advice
• And Much More - Free Access!

Refinance an auto, truck, boat, RV or motorcycle loan
currently with another lender and get a $100 cash rebate.*

• Rates for 2012 & 2011 autos are as low as 1.99% APR.
• Rates for 2010 & older autos are as low as 2.99% APR.
• Rates for boats & RVs are as low as 4.99% APR.
• Rates for motorcycles are as low as 5.99% APR.

Delay your first payment up to 60-days.*
Purchase, refinance and lease buyout loans are available!
Credit approvals are given within 1-hour.
New loans are disbursed in-person or by FedEx, no charge.

Apply for an auto loan in as little as 15 minutes:

• By phone Monday - Friday, 9 am - 6 pm EST (until 7 pm on Fridays)
• In person with a friendly loan specialist
• Online by clicking here 24 hours a day! 

APR= Annual Percentage Rate *Certain restrictions apply, $10,000 minimum loan required. Loan application must be submitted by 03/31/2012 and must disburse by 04/13/2012.

Fixed Rate Home Equity Loans - No Closing Costs!!

We’ve updated our Fixed Rate Home Equity loan program so that borrowers are no longer required to pre-pay closing costs. Similar to our Home Equity Line of Credit loans, closing costs are paid by the Credit Union with certain restrictions. If the loan is paid off within 3-years of opening, the closing costs are added to the loan payoff. Closing costs can vary between $450 to $1,300!

5-year loan rates are as low as 3.99% APR
7-year loan rates are as low as 4.49% APR
10-year loan rates are as low as 5.34% APR

Home Equity Loan Benefits Include:
- Interest on a home equity loan may be tax deductible (check with your tax advisor)
- Lower rates and lower monthly payments compared to other loans
- No closing costs (restrictions apply)
- Borrow up to 90% of the value of your home (restrictions apply)

You may apply for a home equity loan online or by telephone.
Our Home Equity Loan Specialist is Ryan Davis (telephone extension #515 or rdavis@lmfcu.com)
Credit approvals are given within 1-day.
Loans are typically settled at the Credit Union or at a location convenient to you within 2 to 3-weeks.

Use a Fixed Rate Home Equity Loan to:

• Payoff higher rate home equity loans or mortgages
• Payoff credit cards and other debts
• Perform home improvements
• Finance tuition expenses

APR = Annual Percentage Rate *Loan must be on your primary residence in MD, DC, VA, PA or DE. The CU may require prepayment of the home appraisal fee if the property value is in doubt. Mobile homes, investment and rental properties are not eligible. 3rd Mortgages are not available unless the CU holds the 2nd mortgage.

Customer Satisfaction Highest at Credit Unions 

Credit unions recently set an all-time record for their superior member service, beating out 47 other industries and increasing their lead over banks, according to data released this past month by the American Customer Satisfaction Index. The index, which is a national economic indicator of U.S. consumers' evaluations of products and services, rated the credit union industry with a score of 87 out of a possible 100 for customer satisfaction. ASCI said that is the highest score ever reached by any of the industries it assesses. Customer satisfaction among banks decreased 1.3 percent to 75.

Hold Onto That Account Statement
The enclosed statement lists the end of year dividend (savings interest) and loan interest amounts paid during 2011. Be sure to keep your account statement with your other financial records. If you earned $10 or more in dividends, a form 1099-INT will be sent shortly. Form 1098 will be sent if you paid $600 or more in mortgage loan interest, and forms 5498 and 1099-R for various IRA account activity. You may also access this information by contacting one of our Member Service Reps.
 
Tax Refund? Direct Deposit To Your Account
If you are entitled to a refund of state and/or federal income tax, you have the option of having your refund sent electronically to your LM Federal account. Use direct deposit to get your refund faster! Your deposit is more secure - there is no check to get lost or delayed in the mail. It's also more convenient since you won't need to visit the Credit Union to deposit your check. LM Federal's routing number is 252076390. Your account number is your standard four or five digit member account number. Deposits may be made to your primary share/savings or checking account.
Split Deposits: Taxpayers can choose up to three separate accounts for the deposit of their federal tax refund. Learn more about split deposits at www.irs.gov.
 
Important IRS Contact Information:
Web address: www.irs.gov
Tax Forms: 800-829-3676
Recorded Tax Info: 800-829-4477
Refund Status: 800-829-4477
Tax Help Line: 800-829-1040
Refund Hotline: 800-829-1954
Baltimore Area Office: 410-962-7969
Maryland Comptroller:
1-800-MD-Taxes or 410-260-7980
 
Discount on Tax Preparation
It's tax time! We have partnered with TurboTax Online again, the best selling online tax preparation software, to offer access directly from our website.
Receive a 10% discount on TurboTax Online if you go through the link on the Credit Union's website! Visit www.lmfcu.com and click on the "TurboTax" icon to prepare and file your federal and state tax returns online. TurboTax guides you step by step like a GPS to get your maximum refund guaranteed! Only TurboTax offers you Total Assurance - confidence to get your maximum refund and 100% accurate calculations, guaranteed. Plus, FREE Audit Support Center. Your refund will be deposited in as little as 10 days to the account of your choice!
 
Looking for Tax Deductions? Consider an IRA!
LM Federal offers Traditional IRAs, Roth IRAs and the Coverdell Educational Savings Accounts to meet your individual retirement needs. All are available as Certificates, Money Markets or Share accounts. You may transfer funds from other IRA accounts or from any Qualified Retirement Plan (including 401k plans) to an LM Federal IRA. Plus, there are no annual maintenance fees! Regular IRA contributions may be made by payroll deduction, the mail, or in person.
Traditional IRA: Contributions to a Traditional IRA may be tax deductible. You have until Tuesday, April 17, 2012 to make contributions towards the 2011 tax year! Plus, your earnings grow tax deferred!
 
Jackson Hewitt Discount
Don't want to prepare your taxes online? Check out the coupon for $30 off your tax preparation with Jackson Hewitt included in this statement mailing! To find an office near you, call 1-800-234-1040 or visit www.JacksonHewitt.com.

Dormant Account Fee - Effective January 1st, 2012

If your share account has a balance of less than $100.00 and you don't have any other type of active relationship on that account, such as a loan, club or checking account, etc., this notice applies to you.
Due to increasing costs of maintaining small inactive accounts and the costs of providing quarterly account statements, we will begin assessing a $3 quarterly fee to your primary share account if the following conditions are not met: The account balance has been less than $100.00 for at least one year, and the primary account owner is age 18 or older. and the member has no other deposit or loan account relationships on that account number (restrictions apply).
The new fee will go into effect on January 1st, 2012, with the first fees to be posted in March 2012.
To avoid this fee we recommend that you consider expanding your relationship with LMFCU by taking a loan, opening a checking or other deposit account, or raising your account balance to $100.00.

Spread the Word: Refer a Co-Worker, Get $10!

Get a $10 bonus* if you get a co-worker at Lockheed Martin, MRAS or MD Air Guard to sign-up for Credit Union membership. The co-worker must enroll for a minimum weekly payroll deduction of $25. They will also receive a $10 new member bonus. Other restrictions apply. New memberships may be setup by telephone or by visiting the Credit Union office. You can also download a form here.

*Excludes minor’s accounts, existing members, business accounts and existing Joint Owners. New accounts must have weekly payroll deduction of at least $25. $10 will be deducted from account if closed with 90 days of opening. Promotion ends March 31, 2012.

Get CASH With a New Checking Account

Open a new Checking account with Direct Deposit and a Visa Check Card and we'll give you $25!!!*
OR Open a new Checking account with Direct Deposit and an ATM card, we'll give you $10!*

Credit Union Free Checking includes the following:

• No minimum balance or monthly service fee
• No limit on check writing
• No surcharge withdrawals at over 25,000 co-op network ATMs
• Up to 4 free foreign ATM withdrawals per month
• First order of checks are FREE
• Free use of Internet Branch and Internet Bill Pay
• No fees for debit or credit purchases made with your access card

To apply for a checking account by phone call (410) 687-5240 or (800) 410-0501 and press "3".

*Direct deposit of at least $200 per week required. $25/$10 incentive will be deposited once the first direct deposit is posted and confirmed. Checking and Visa Check Card are subject to approval. $25/$10 incentive will be subtracted from the account if it is closed within 90 days of opening. Promotion expires 03/31/2012.

LM Federal Notes...

LM Federal will be closed to observe the following Federal holidays: Monday, January 16 for Martin Luther King Jr. Day and Monday, February 20 for President's Day.

Credit Union Financial Statistics as of November 30, 2011:
     Assets:       $28,195,320
     Deposits:    $26,050,434
     Loans:        $17,432,400
     Reserves:    $1,994,080
     Members:     3,572

The winners of the holiday club basket drawing were Brian W. and Christopher H. Congratulations!

LM Federal will donate $614 to the Johns Hopkins Children’s Center. These funds were collected from the sale of Entertainment Books, as well as member donations. LM Federal also donated $1 for every member donation that was made. Thanks to everyone who donated!