What’s new: Early direct deposit, increased savings rates, Insurance Services team, and more

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OCCU - 03.21.2023

We don’t know about you, but we’ve had a busy year so far! At OCCU, we’re never content to keep offering the same great member benefits year after year. Instead, we’re constantly growing, innovating and expanding our services to give you more ways to enrich your life.

This year is no exception and we’re so excited you’re a part of our journey. Here are some of the highlights we’ve introduced over the past several months:

Early direct deposit

Having your paycheck direct-deposited is a fast and convenient way to access your money — and now it’s even faster. With early direct deposit, your funds could hit your account up to three days earlier.³

You don’t have to do anything special to unlock this member benefit. As long as you have direct deposit set up, you’ll automatically get early access to funds deposited into your:

· Checking account.

· Business checking account.

· Savings account.

· Business savings account.

· Money market account.

Expanded OCCU hours

We want to make sure we’re available during the times you need us most. That’s why, as of Jan. 30, 2023 we’ve expanded our hours at all locations. Our new hours will allow you more time on the weekend to get the in-person attention and member services you count on.

Branch drive-up and lobby hours:

· Monday and Friday: 9 a.m. to 6 p.m.

· Tuesday through Thursday: 9:30 a.m. to 5 p.m.

· Saturday: 9:30 a.m. to 4 p.m.

Video teller service hours:

· Monday through Friday: 7:30 a.m. to 6 p.m.

· Saturday: 9:30 a.m. to 4 p.m.

Call center and lending team:

· Monday through Friday: 8 a.m. to 6 p.m.

· Saturday: 9:30 a.m. to 4 p.m.

Higher interest rates

As your financial wellness partner, we’re invested in helping you build up your savings. To give your savings an added boost, we’ve continued to increase the interest rates on our deposit accounts so you can grow your money even faster. We encourage all our members to take advantage of:

· Specials on 7-month and 13-month certificates of deposit (CD) accounts.

· A 4.00% APY¹ introductory rate on our Remarkable Checking account.

· A 5.25% APY⁴ rate on our Ignite Savings account.

Eugene Marathon 5K member discount

Being an OCCU member comes with all sorts of fun perks, and our latest member benefit is sure to get your heart pounding. Join us in the Eugene Marathon 5K on April 29 and you’ll get $5 off your registration fee. When you sign up online, use the code OCCU_EM23 to get your discounted member price.

The Eugene 5K is more than just a marathon — it’s a parade through history that takes you along the exact routes where some of Eugene’s most legendary runners used to pound the pavement. The OCCU team will be there as race participants, volunteers and more. We hope to see you there!

Insurance Services team

Keeping you and your money safe has always been our top priority at OCCU. We’ve assembled an incredible team of highly experienced insurance professionals to help protect the things in your life that matter most.

Our Insurance Services team²⁹ can help you find the right coverage to fit your lifestyle, whether you’re staying home or on the go. With more than 87 years of combined experience, as well as strong partnerships with insurance companies we trust, you can rest assured our team has got you covered.

Get to know our Insurance Services team and contact them today.

New Central Oregon location: Redmond branch

As our communities continue to grow, so have we. Our Redmond branch is now up and running, allowing our members in the area easier access to the personalized in-branch service we’re known for. You can find us in the Nolan Town Center, at 875 SW Rimrock Way, Ste. 100.

We can’t wait to deepen our involvement with the Redmond community while providing convenient access to 24-hour ATMs, video teller services, an on-site financial advisor and more.

Looking for ways to keep up with how OCCU is growing with you? Connect with our team in branch, visit our video tellers, or give us a call.

You can also visit our You and OCCU member hub online or get the latest through our emails, monthly member newsletter, or by following us on Facebook, LinkedIn, Instagram, and YouTube.

³Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. OCCU may, but shall not be required to under any circumstances, make these funds available on the day the payment file is received, which may be up to three (3) days earlier than the scheduled payment date. OCCU does not assume any liability for not depositing these funds to your account early. OCCU may terminate early access at any time without notice.

¹4.00% annual percentage yield (APY) intro rate effective for the first month of new account opening and 6 statement cycles (“cycle”) after for balances of $20,000 or below. Remaining balances greater than $20,000, will receive a rate of .20% APY. After the intro period, a 2.00% APY is applied to the first $20,000. Remaining balances greater than $20,000, will receive a rate of .20% APY. All rates subject to the following qualifying factors required per cycle: 1) 12 settled debit card transactions; 2) 1 direct deposit or ACH debit or credit transaction (excluding OCCU’s Bill Pay service); and 3) active enrollment in eStatements. If one or more of the qualifying factors are not met, account will receive a default rate of .05% APY for that cycle. Statement cycle = first day of the month to the last day of the month (ex. May 1 – May 31). APYs effective as of 04/22/2023 and subject to change. Introductory offer may end at any time, contact OCCU for details. Fees could reduce earnings.

⁴Ignite Savings account annual percentage yield (APY) and rate may change. Fees could reduce earnings. 5.25% APY on balances up to $500, 5.25%-3.45% APY on balances $500.01-$2,500, 3.45%-2.23% APY on balances $2,500.01-$5,000, 2.23%-0.85% APY on balances $5,000.01-$25,000, and 0.85%-0.15% APY on balances of more than $25,000.01. First-year earnings are based on a 12-month average. APY effective 04/22/2023 and subject to change.

²⁹OCCU Insurance Services, LLC is a licensed insurance agency and wholly owned subsidiary of OCCU. Not NCUA insured. No credit union guarantees. No credit union deposits or obligations. May lose value. May only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Licensed in Oregon, Washington and Idaho.

What’s new: Early direct deposit, increased savings rates, Insurance Services team, and more

Early direct deposit

Expanded OCCU hours

Higher interest rates

Eugene Marathon 5K member discount

Insurance Services team

New Central Oregon location: Redmond branch

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