Financial Statistics as of July 30th, 2014
Guaranteed Auto Protection (GAP) Enhancement!
GAP is the protection that we offer should your vehicle be declared a total loss due to an accident, damage or theft. If your vehicle insurance company pays you less than you owe on your loan, GAP will cover the difference owed. For example, if your insurance company pays $13,000 (after your deductible) and your loan balance is $15,500, GAP will cover the $2,500 difference owed on your loan.
GAP PLUS is a new benefit of a $1,000 credit towards your next vehicle loan with LMFCU if financed within 90 days of the GAP claim settlement.
GAP PLUS is available when your finance with LMFCU for only $329 for auto and truck purchases.
Click here for additional information about LMFCU http://www.lmfcu.com/
Security Warning: Text Message Scam
We were recently notified of a phishing text message scam apparently claiming to be a "Credit Union Bank alert." Should you receive a text message indicating that your card had been de-activated or suspended, please disregard this message. The Credit Union will never ask you for your card number or any other account information in an unsolicited phone call, email or text message.
Forget About Postage Stamps!
No more stamps. No more envelopes. No more bills all over the kitchen table! Internet Bill Pay puts you in control of your finances. LM Federal's safe and secure Internet Bill Pay service lets you pay bills, send money for birthdays and holidays, send checks of any purpose-on a one-time as well as a recurring basis! It's convenient, easy to set up, and it’s free (no fee if you pay a minimum of two bills monthly). To sign up click on the "Bill Pay" tab within online banking or contact a new account representative. Additional information may be found at here at our Internet Bill Pay page
Don’t Forget to Check Out AutoSMART
Click here to access AutoSMART!
We now offer e-signatures for new loans! If you are unable to visit the Credit Union office you will receive an electronic copy of your documents by secure e-mail, sign electronically and you're done! Your loan can be disbursed upon receipt of your electronic documents. You can complete your documents using any pc or other device, including a smart phone.
Just about all financial institutions offer an online bill payment service. Many offer this service free of charge, including LM Federal Credit Union. Our Internet Bill Payment system, like other providers, also provides the ability to electronically transfer funds from your LMFCU account to your account at another institution. UNLIKE other many other providers, we do NOT charge a fee when you transfer funds to your account elsewhere. Our service also provides the ability to transfer funds to another person's account at another institution, as well as gift payments and charitable donations.
Fraudulent text messages are increasingly being sent to consumers in an effort to steal personal account information. A recent text example: “Federal Credit Union ALERT: Your CheckCard has been temporarily LOCKED. Please call Card Services line (407) 574-2992”. Other phone numbers have also been listed. DON’T CALL! To contact LMFCU use the number listed on the back of your card.
If you’re 62 years of age or older, a reverse mortgage may offer the money you need to supplement your retirement income, to pay healthcare expenses, finance home improvements, or even pay off your current mortgage. Click here for additional information from the Consumer Credit Counseling Service of MD & DE.
Card Security Upgrade
As part of our continuing effort to bring the best technology and service to our members, During the month of June LM Federal Credit Union is upgrading our card Fraud Detection and Notification System. The new system will provide more immediate attention to notify our members faster when fraud is suspected. The notification portion of the system includes a state-of-the-art automated assistant to help our members review transactions and confirm their spending activity on Visa check cards and ATM cards.
If you receive a notification call from our automated assistant, whom we have nick-named Jill, please work with her to answer questions regarding recent card activity. Please also be aware that our Card Member Security team that provides fraud alert management is available 24 hours per day, 7 days per week should you need assistance from a live agent.
Please contact us with any questions at 410-687-5240 or 800-410-0501.
Looking for a fun family activity at a discounted price? LMFCU has Maryland Zoo, Aquarium, Hershey Park, Six Flags America, Dutch Wonderland, Kings Dominion and movie tickets at a discounted price for you to purchase. Stop by the office to purchase; even non-members can purchase for an additional fee. Call beforehand to check for availability if purchasing a large quantity. Click here for prices.
Looking For a Boat or RV?
Finance a boat or RV purchase with as little as 10% down!
Click here: http://www.lmfcu.com/lmfcu/
Buying a used car or truck can save you money because a new car experiences its greatest loss in value within the first 12 to 18 months. A used car can have a lower purchase price with lower monthly payments.
Maryland Locations: White Marsh (866) 832-0969, Glen Burnie (888) 287-6516, Lanham (888) 227-9289, Rockville (888) 227-9313
Used vehicles previously part of Enterprise short-term rental and lease fleet or purchase by Enterprise from other sources, including auto auctions, with previous use possibly short-term rental, lease or other.
Have you had a great experience with LM Federal Credit Union that you would like to share? We love to hear how we're doing and appreciate all feedback from our members! Email us at email@example.com with your stories of our great member service.