2016 1st Quarter

SAVE THE DATEOklahoma Educators Credit Union in-vites you and your family to join us for food, fun, and prizes during the Annual Meeting at the Oklahoma Sports Hall of Fame Events Center, located at 4040 N. Lincoln Blvd in Oklahoma City on March 5, 2016. This year’s lunch be-gins at 12pm followed by the business meeting at 1pm. You may purchase tickets for $10 (the ticket price includes lunch, parking, Hall of Fame entrance and your entry to win door prizes) at any of OECU’s four branches until February 26, 2016. Tickets can also be purchased by mail, fax, phone or e-mail at support@oecu.com.

If you are not interested in joining us for lunch, you are welcome to attend the business meeting, which does not re-quire a ticket.

A summary of OECU’S financial state-ments and reports from the Board Chair-man, Treasurer, and Supervisory Com-mittee are featured events during the business meeting.

BOARD ELECTION INFORMATION

Our next Board of Directors’ election will be held on March 5, 2016. Members in-terested in volunteering for the Board of

Directors should submit a letter and re-sume.

Board of Directors (BoD) performs as a team that is ultimately responsible for the general direction and control of the affairs of the credit union. As a group, the BoD approves credit union policies, de-clares dividends for deposits and rates of interest for loans. The BoD also approves members of the credit union and autho-rizes investments of credit union funds. Because of these responsibilities, it is necessary that the qualified candidates realize and be able to commit to the fol-lowing criteria:

1. Be a credit union member in good standing2. Be bondable3. Be able to attend monthly meetings and an annual planning session4. Have a general knowledge of credit union products and services5. Maintain the highest level of ethics and confidentiality in all BoD dealings.

Qualified candidates should submit their nomination in writing to:

Oklahoma Educators Credit UnionAttention: Nominating CommitteePO Box 22222Oklahoma City, OK 73123

Nominations must include the following information: 1. Letter of nomination/introduction2. Declaration for which position the candidate wishes to run: a. Position #4 (3 yr. term) – Tommy Fulton b. Position #5 (3 yr. term) – Rick Dawkins3. A current resume

Each candidate may only specify one seat for which they wish to run. All nomina-tions should be submitted no later than February 1, 2016. No nominations will be accepted after this date.

Each individual submitting a nomination will be notified of the selected nominees by the Nominating Committee no less than 15 days prior to the Annual Meet-ing. The election will be held at the An-nual meeting and successful candidates will be introduced following the election.

Any primary member, 16 years of age or older, can vote for Board of Directors positions. No member can vote by proxy. Each member is allowed only one vote, regardless of how many shares he or she holds.

visit us at oecu.com

Local 405.722.2234Toll Free 800.324.8259Fax 405.720.5242

Federally Insured by NCUA

WHAT’S YOUR CD RATE DONE FOR YOU LATELY? If you’ve got a CD at another financial institution, you might not be taking advantage of the

great competitive rates at Oklahoma Educators Credit Union. Take a look below to see how we stack up and view a complete list of CD rates at oecu.com/rates.

Oklahoma Educators Credit Union

Bank of Oklahoma BancFirst MidFirst Credit Union One of OK

Focus Credit Union Tinker FCU

Rates current as of 12/8/15. Minimum to open CD $1,000, up to $100,000. *Annual Percentage Yield. Penalties for early withdrawals may apply. Fees could reduce the earnings on the account, if applicable.

Safeguard Yourself Against Scams Every year, Baby Boomers across the U.S. fall subject to a variety of financial scams. In fact, these crimes, affecting hundreds of thou-sands yearly, have now become the leading crime of the century.

Some common scams employ the use of home repair solicitation, sweepstakes, and identity theft. Criminals behind home repair scams often go door to door to case out potential robbery locations or overcharge for services that are never done or completed poorly. Sweepstake scams often involve criminals asking victims to with-draw money for “good faith” or tax purposes. Lastly, identity theft scams consist of individuals calling and posing as bank, IRS, Medi-

care, etc., employees asking for credit card or other personal infor-mation.

So, to prevent yourself from falling prey, never hire anyone without proper licensing or references, never send money to un-known sources, and never entrust personal information to calls that are not personally initiated. Also, if you ever encounter an in-dividual or situation that seems suspicious, don’t hesitate to call the FINRA Securities Helpline (844-57-HELPS or 844-574-3577) to receive help from knowledgeable advisors.

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CHRISTMAS 2016 - IT’S NEVER TOO EARLY to START SAVING! Why opening a Christmas Club Account with

Oklahoma Educators Credit Union will ensure that Christmas 2016 will be one to remember.

We know you’re not a bad gift giver. But maybe there were circum-stances out of your control in 2015 that didn’t allow you to save up to purchase those gifts that you wanted for your loved ones. OECU is here to help make Christmas 2016 a memorable one. Our Christ-mas Club Account helps you put money away and save for the most wonderful time of the year!

Here's how you can open a Christmas Club Account and start saving now!

• Contact a Member Service Rep and let them know you'd like to open a Christmas Club Account• Make a deposit of $25• After your initial deposit, you can deposit any amount at any time• From October 1- December 31, 2016 you can withdraw your sav- ings from this account with no fee• If you make an early withdrawal (before October 1) you will be charged a withdrawal fee of $10 for each transaction

For example, if you put in $50 a month from January 2016 to the end of October 2016, you’d have close to $450 and that’s not too shabby to start off the 2016 Christmas shopping season.

The Christmas Club Account does accrue a quarterly dividend of .10% APY.* Dividends will be paid quarterly on the last working day of the quarter. *Annual Percentage Yield. Rate as of 11/30/2015. Opening balance and minimum to earn stated APY rate is $25. Fees may reduce earnings. Rate may vary, if applicable.

IRAs: Never too Young or too Old to Open 28%

of U.S. households have an IRA

Median IRA value in 2013

$50,000

Where IRAs <$10,000 are held:Commercial banks: 47%,

Brokerages 32%,Credit Unions 16%

More than half of IRAinvestors are 55+

IRAs in

America

An Individual Retire-ment Account or “IRA” is a tax-deferred retirement account for an individual that permits the owner to set aside money each year, with earnings tax-deferred until withdrawals begin at age 59 ½ or later. Traditional IRAs can earn interest or dividends as well as capital gains that are not subject to tax while still in the account. Federal and State taxes are withheld upon withdrawal of all or any part of the funds. Alternatively, contributions to Roth IRAs are taxed at the beginning and grow tax free provided certain condi-tions are met.

OECU has competitive IRA rates - check them out at oecu.com/rates.

Data Source: Council of Economic Advisors

Oklahoma Educators Credit Union

OUTSTANDING ASSOCIATEJennifer Herron, OECU Moore Branch Manager, has been named Oklahoma Educators Credit Union’s Outstand-ing Associate for the fourth quarter of 2015.

The Outstanding Associate award is given to a credit union employee who has performed above and beyond nor-mal expectations.

“Jennifer leads a highly productive team, gives great member service, con-tinually strives for excellence in all areas and finds solutions rather than finding excuses,” Trent Vaughn, OECU Sr Vice President of Lending and Member Services said.

Herron has been an OECU team member since 2007 and has 33 years of banking experience. Born and raised in Pennsylvania, she moved to Oklahoma in 2007.

“The best part of my job is helping our members and families with their financial matters,” she said. “I feel lucky that I am able to travel to schools providing lunches for teachers and letting them know how much we appreciate them.”

In her spare time, she enjoys spending time with the best husband ever, their 7 grandkids and cooking.

Kirby Kangaroo Savings Club

KINDLE FIREWINNERS

JENNIFER HERRON

OECU in the Community

HABITAT for HUMANITY

OECU HolidaysJanuary 1 New Year’s Day

January 18 Martin Luther King Jr. Day

February 15 Presidents’ Day

Gabrielle Perez

Oklahoma City4001 N. W. Expressway Oklahoma City, OK 73116

Midwest City1704 S. Air Depot Midwest City, OK 73110

Mailing AddressPO Box 22222 Oklahoma City, OK 73123

oecu.com

Oklahoma Educators Credit Union was pleased to award Gabrielle Perez and Connor Rustin each with a new Kindle Fire for Kids Table for participating in OECU's Kirby Kangaroo contest. These winners either opened a Kirby Kangaroo Sav-ings Account or made a deposit to their existing Kirby Savings Account during October and November. The winners were chosen randomly, by computer. Congratulations!

Moore2120 Riverwalk Drive Moore, OK 73160

Yukon732 Garth Brooks Blvd. Yukon, OK 73099

On a Saturday in June and September, the OECU staff volunteered for Central Oklahoma Habitat for Humanity. In June, the staff painted a house in central OKC. In September, the staff helped frame a house in NW OKC.

“We like to say that we practice banking with a heart for the com-munity,” Cindy White, OECU President/CEO said. “Our staff’s com-mitment to this worthy cause is a great example.”

Federally Insured by NCUA