Attention Home Buyers! Great Loan Rates & Huge Tax Breaks
Home prices have dropped dramatically. Mortgage rates are near historic lows, and there is an over-supply of homes for sale. If you've
been waiting for a good time to buy a home, the current "buyer's market" could be the perfect opportunity.
E-Central is a direct lender you can trust. We offer a wide variety of affordable mortgage options - including refinance and purchase. Our Home Loan experts will listen to your needs, answer all your questions, and assist you every step of the way.
Take advantage of up to $8,000 in Home Buyer Tax Credits for first-time homebuyers! This year, thanks to the federal government's Economic Stimulus Package, qualifying taxpayers who buy a home before December 1, 2009, can claim the credit on either their 2008 or 2009 tax returns. They can claim 10 percent of the purchase price up to $8,000, or $4,000 for married individuals filing separately. The amount of the credit begins to phase out for taxpayers whose adjusted gross income is more than $75,000 or $150,000 for joint filers.
For more information on the First-Time Home Buyer tax credit, contact your tax advisor. To apply for an affordable Home Loan, call or stop by E-Central today.
What could be better than having 24-hour access to your Credit Union through Internet Banking? A chance to win great prizes! Just log on to our Internet Banking service, Central@net, once per month in July, August, and September and you'll be automatically entered in our Net-a-Prize Giveaway. Three months... three chances to win! 10 winners each month will win up to $500 in total prizes, such as cash, iPods, and movie tickets.
New to Internet Banking? You can begin and register right online.
GENERAL DRAWING RULES: THERE ARE NO ENTRY FEES. NO PURCHASE IS NECESSARY TO WIN. Must be 18 years of age or older to enter. The drawing starts July 1, 2009 and ends September 30, 2009. Winners will be selected via random drawing. Alternate Means of Entry: Send a 3" x 5" card with your name and daytime phone number to: E-Central Credit Union, Marketing Department, 990 S. Fair Oaks Ave., Pasadena, CA 91105. Be sure to write Net-a-Prize Give-Away drawing. Only one alternate entry per person. Entries must be received by September 30, 2009. No copies or faxes accepted. Winner need not be present to win. E-Central Credit Union assumes no responsibility for lost, mutilated, or misdirected entries. Odds of winning depend upon the number of eligible entries received. Estimated odds of winning are 1:500. To learn who won, send a self addressed stamped envelope to the address above. The winners will be randomly drawn. Prize value is not redeemable for cash. Void where prohibited. Prize is non-transferable. E-Central employees, volunteers, and their family members are not eligible for entry into the drawing.
back to topE-Central: Online & Always Open
After hours, over the weekend, even on a holiday - if you have a computer with internet access, you can access your Credit Union account when the time is
right for you. Central@net, our FREE Internet Banking service, allows you to check account balances, transfer funds, make a loan payment, request a check,
and pay your bills online for free.
Together with Direct Deposit and Bill Pay, Internet Banking lets you take care of business as quickly as you can point and click. Anywhere. Anytime.
New to Internet Banking? You can begin and register right online.
Liquid Certificate Special - Earn up to 2.10%!
Looking to earn more while still having access to your funds? Then choose a 1-Year Liquid Certificate paying 2.10%apy.
No matter which option you choose, your rate is locked-in, plus you will be able access your cash when the need arises. Here are the details:
- Earn 2.10% APY (1-Year Term)
- Minimum deposit is $5,000 (new money only)
- "Liquid" feature
- Withdraw as often as every 7 days up to 50% of the initial deposit
- Your funds are available 30 days after you open the certificate
For more information, call 626.799.6000.
*APY = Annual Percentage Yield. Rates and terms are subject to change at any time without notice. Early withdrawal may incur fees and reduce earnings. Upon maturity, Liquid Certificate will renew without "liquid" feature for either a 1-Year or 3-Year term based on the original term selected, unless Member chooses other term option. Special rate is not available for IRA related products. New money means funds from another financial institution. "Liquid" feature: Withdraw as often as every 7 days up to 50% of the initial deposit. Your funds are available 30 days after you open the Certificate. E-Central is federally and privately insured up to $500,000 by the National Credit Union Administration and American Share Insurance. IRAs are separately insured up to an additional $500,000.
IRA Certificate Special - Earn 2.10%
Right now we are offering a 1-Year IRA Certificate that pays 2.10%apy*. Special IRA Certificate is for "new money" only and requires a minimum opening balance of $5,000.
In recent months, IRAs invested in stocks and mutual funds have lost as much as 30% to 40% of their value. If you have an IRA or another retirement account and you want to protect your principal, consider transferring it to a qualified, federally insured plan at E-Central. The process is simple and safe: (1) Contact E-Central and open an IRA; (2) Transfer your funds from an outside bank or brokerage firm; (3) Enjoy the peace of mind knowing your funds are insured with guaranteed yields.
*APY = Annual Percentage Yield. Rates and terms are subject to change at any time without notice.
Economic Stimulus Resource Center
E-Central is committed to providing you important information and resources during these challenging times. Look to E-Central to create
your own "personal financial stimulus package" or to learn more about President Obama's "Making Homes Affordable" program. For more
information, choose one of the topics below:
As your Credit Union, we are here to help! We'll treat you with respect and determine your individual needs on a case-by-case basis. If you have any questions, please contact one of our Home Loan experts at (626) 799-6000. Learn More...
Holiday Reminder
The Credit Union will be closed to celebrate the following holidays:
New Year's Day:
Thursday, January 1, 2009
M L King Day:
Monday, January 19, 2009
President's Day:
Monday, February 16, 2009
Memorial Day:
Monday, May 25, 2009
Independence Day:
Friday, July 3, 2009 (note: since the 4th is a on Saturday, the CU is closed the day before on the 3rd)
Labor Day:
Monday, September 7, 2009
Columbus Day:
Monday, October 12, 2009
Veteran's Day:
Wednesday, November 11, 2009
Thanksgiving Day:
Thursday, November 26, 2009
Christmas Day:
Friday, December 25, 2009