CU CONNECTION - nswcfcuonline.org · CONNECTION CU eera nre ... Annual Meeting & Board Nominations ... serving as Chairman on the Spotsylvania County School Board from …

CONNECTIONCU

Federally Insured by NCUA

Winter2018

To most people, June 29, 2007 is not a date that is burned into their memory as the day the world as we know it changed. It certainly isn’t on my top ten list of important dates but it should be. June 29, 2007 is the date of the release of the first iPhone®. The changes that have happened to the way we communicate, travel, document our lives and just about everything else have been enormous. All from that little “phone” without a keyboard. I would venture to say that even the inventors at Apple® didn’t fully understand how much the iPhone® and all the smart phones that followed would transform our world.

While some of the changes brought about by the introduction of the smartphone can be debated as being beneficial, to the financial industry the advent of a portable computer screen with internet connectivity has truly been a game changer. So much so, that for many, the way they access and utilize financial services has been forever altered. No longer do you need to go to a branch to deposit a check. You can look at your balances and move money not only from one of your own accounts to one of your other accounts at the same institution, but you can transfer money to other people at other institutions. The list goes on and on with chores that used to require a trip to the branch but now can be done remotely with a computer or a phone. Below is a partial list of the cool things available to you from NSWC FCU:

� Remote Deposit Capture (RDC) – Take a picture of a check you need to deposit with a smartphone or tablet and submit it through NSWC FCU’s home banking application.

� Apple Pay®/Samsung Pay™/Android Pay™ – You don’t need to fumble with your wallet to use your NSWC FCU credit or debit card. Sign up for the service and you can use your phone or wearable device to make purchases at most retailers. It’s both convenient and cool.

� My Card Rules™ – With NSWC FCU’s card control program you can do so much more than “freeze” your credit or debit card if you lose track of it. In addition to the ability to turn the card “on” and “off”, you can elect to set the card to only make purchases of certain types. You can also adjust your daily card limit down from the default set by the credit union. You can even set your card to stop working if it gets too far from your phone.

The list of what your credit union can give you to make your life easier goes on and on. For more details and to hear about all the options, please call the credit union or stop by a branch. Challenge our staff to find solutions to your financial needs. I think you’ll be surprised at what NSWC FCU can do.Bruce A. Six, CEO Feel free to email Bruce at [email protected].

Back to BASixIn This Issue• Holiday Closings• Daylight Saving Time• Back to BASix• Annual Meeting & Board Nominations

• Scholarships Available for Youth Members

• Special Needs Planning: First Steps

• Tips For A Stress-Free Tax Season

• How NSWC Federal Credit Union Protects You

• Four Simple Steps to Stay Secure

• Equifax Data Breach• Community Involvement

HOLIDAY CLOSINGSMARTIN LUTHER KING JR. DAY

Monday, January 15PRESIDENTS’ DAY

Monday, February 19

Daylight Saving Time ReminderDaylight Saving Time begins Sunday, March 11 at 2:00 a.m. Remember to set your clocks ahead one hour before you go to bed Saturday night.

Annual Meeting & Board Nominations The 2017 Annual Shareholders Meeting is just around the corner, and all members are welcome to attend. We hope you will join us for board nominations, to learn more about your credit union.

DATE: April 24, 2018 TIME: 3:30 p.m. – doors open PLACE: King George Citizen Center 4:00 p.m. – meeting begins

The NSWC Federal Credit Union Nominations Committee has nominated four members to fill three positions on the Board of Directors. If you have a desire and dedication to help, we invite you to submit a nomination by petition. The deadline for submission is Monday, February 5, 2018 at any of our branches.Voting will be handled a bit differently this year. If you have signed our electronic user agreement then watch for a voting ballot in your email. If you have not signed our electronic user agreement, we will mail you a ballot. Voting will not take place during the meeting.

James E. Ball – has been a member of the Credit Union for the past 41 years. He is originally from West Virginia and currently resides in Spotsylvania, VA. After graduating from WVU- Institute of Technology with a Bachelor’s of Science in Mathematics, Jim proceeded to work as a Systems Mathematician for NSWC Naval Base in Dahlgren, VA. He then went on to work as a Systems Engineer for Naval Weapons for PCI and retired in 2006. He has been part of the NSWC Federal Credit Union Board of Directors since 1985 and currently serves as Chairman. Jim’s volunteer experience also includes, serving as Chairman on the Spotsylvania County School Board from 1981-1985 and as Chairman of his Homeowners Association from 1992-2017. In his free time, Jim enjoys spending time with his wife of 35 years and is an avid golfer.

Jack R. Bell – has been a member of the Credit Union for the past 31 years. He is originally from Kingsgate, England and currently resides in King George, VA. Jack graduated from Regents College, University of the State of New York with a Bachelor’s of Science in Liberal Arts. He served in the United States Army from 1974-1976. He served in the United States Navy from 1980-1999 where he retired as a Senior Chief Fire-Controlman. He currently works for the US Department of the Navy, NSWC Dahlgren Division, Surface Combatant Combat System Test & Evaluation Branch. He has been part of the NSWC Federal Credit Union Board of Directors since 2014 and currently serves as Secretary. He is also the Board of Director Representative on the Supervisory Committee. Jack’s volunteer experience also includes- previously holding the following leadership positions in the American Legion Post: Adjutant, Commander, and Chaplain and many activies at Peace Luthern Church including his current postion as Legal Trustee . In his free time, Jack enjoys spending time with his wife.

Julie K. Irving – has been a member of the Credit Union for the past 11 years. She is originally from the Washington, DC area and has resided in Colonial Beach since 2001. After graduating from Prince George’s Community College with an Associate of Science Degree in Radiography, Julie proceeded to work as a certified Radiologic Technologist for several years. She has owned and operated ClearDay Healthcare Staffing, a nationwide staffing firm, since 2001. Currently she is attending Old Dominion University, where she is completing her Bachelors of Science degree in Health Care Admin/Business. She has been on the NSWC Federal Credit Union Board of Directors since 2014. Julie’s volunteer experience includes many activities at her church, within her local community of Colonial Beach, past 4H, Girl Scouts and Rotary, and is also an active Program Advisor in numerous Radiography schools around the country. In her free time, Julie enjoys yoga, boating, yard sales and traveling.

James T. Venable – has been a member of the Credit Union for the past 21 years. He was born in Stuart, VA and currently resides in King George, VA. After graduating from WVU- Institute of Technology with a Bachelor’s of Science in Electrical Engineering in 1996, Jim came to work at NSWCDD and worked on several programs including his current position as Program Director for Zumwalt. In 2002 Jim graduated with a Master of Science in Systems Engineering from Virginia Tech. He has previously served on the NSWC Federal Credit Union Board of Directors in various positions, the most recent being Vice President in 2014. In addition, he served on the Supervisory Committee for numerous years before that. In his free time, Jim enjoys spending time with his wife and daughter, playing golf, hiking, fishing and outdoor activities.

Scholarships Available for Youth MembersNSWC Federal Credit Union awards four scholarships to graduating high school seniors who are members of the Credit Union. In order to be eligible for the scholarship, each student must complete a brief application and write a 300 – 500 word essay about:

“How I Plan to Help Others by Furthering My Education.”

The application and essay must be received by March 31, 2018. Entries are judged independently outside the Credit Union. Scholarship winners will be announced in June 2018. Winners will be notified by email. The scholarship funds will be sent to the college or university in the name of the student and must be used within one year.Applications and scholarship information are available online at www.nswcfcuonline.org/scholarships.

File on time: The IRS tax filing deadline is Tuesday, April 17, 2018.Watch for your credit union tax forms: By the end of January, we will be mailing out IRS Forms 1099 and 1098, which report dividend and interest information. If you receive these forms, please be sure to save them for your tax preparation. Interest information is also included in your last statement of the year.Receive your refund electronically: Complete the Direct Deposit line on your tax form to have your refund electronically deposited right into your credit union account in as little as 10 days. Please be sure to supply our routing number, 251480398, and your NSWC account number.See us for a Tax Loan: Owe money and need a loan? Ask about our affordable, low-rate Tax Loan. Watch for these tax fraud warning signs: If you make any of the following discoveries, immediately file a police report, contact the IRS Identity Protection unit at 800.908.4490, and notify each of the credit bureaus.

� You receive IRS notices, such as a CP2000 to verify unreported income, or a 1099 from an employer you haven’t worked for.

� You receive a denial to file your return online because a return has already been made in association with your social security number.

� Upon submission of your tax return, you receive a denial from the IRS stating you’ve already filed your taxes.

TIPS FOR A STRESS-FREE TAX SEASON

SPECIAL NEEDS PLANNING:

First StepsIf you’re like most parents who have a child with special needs, one of the most important questions you ask yourself is… ”What’s going to happen to my child when I’m no longer here?”To a large degree, the answer to that question will depend on the steps you begin taking today to arrange for your child’s future well-being.In planning for your child with special needs, there are certain initial steps you should take, such as:Access your child’s prognosis: Will your child ever be able to earn a living…manage assets…live independently? Your evaluation of issues such as these will then guide you in the type of planning you need to complete to provide for your child. If you’re unsure about your child’s future prognosis, be conservative in your assumptions. You can always change your plans in the future.Review your financial situation: What assets do you have available to provide for your child’s future financial needs? What can you do to accumulate additional assets for your child’s care?Living arrangements: Where do you want your child to live after your death, or if you become physically unable to care for your child? Will your child need a guardian (or conservator)?

Government benefits: Do you know what government benefits are available and what the requirements are to qualify for these benefits? Government benefits and their requirements can play a major role in your child’s future well-being. Be aware, however, that improper or careless planning could make your child ineligible for certain benefits. Government benefits fall into two groups:1. Entitlement Programs: Eligibility for entitlement programs is based on meeting certain requirements, such as age, disability or blindness. An individual who, for example, meets the required definition of disability is entitled to receive benefits, regardless of that individual’s financial situation.2. Needs-Based Programs: In order to receive benefits from a needs-based program, a disabled individual cannot have income or assets above stated amounts.

There are so many things to think about when planning for an individual with special needs. When you combine all of the day to day activities, planning can be overwhelming. NSWC Financial Services has an advisor who could help you navigate special needs planning. Please let us know how we can help.Please contact us at NSWC Financial Services for a review of your financial security. (540) 361-2216Securities, investment advisory and financial planning services offered through qualified registered representatives of MML Investors Services, LLC Member SIPC, www.sipc.org Supervisory Office: Overlook 1, 4880 Sadler Road, Suite 110, Glen Allen, VA 23060-6151, Tel: 804-346-1011. NSWC Financial Services is not a subsidiary or affiliate of MML Investors Services, LLC or its affiliated companies – CRN201912-222446

* NOT A BANK OR CREDIT UNION DEPOSIT OR OBLIGATION * NOT GUARANTEED BY ANY BANK OR CREDIT UNION* NOT FDIC OR NCUA INSURED * MAY GO DOWN IN VALUE *NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

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How NSWC FEDERAL CREDIT UNION protects you.PasswordsAccess to Internet Banking requires your member number and a unique password. This information along with any interactions and\or transactions performed is encrypted during transmission. You cannot use any part of your member number or Social Security Number as your password. NSWC FEDERAL CREDIT UNION strongly encourages you to define a unique password that only you can provide and is not tied to any personally identifiable information that a hacker could obtain from a phone book or the Internet. If you have recently updated your password, remember to update it with other institutions, such as Mint or Quicken. Members often use these institutions to keep track of their NSWC Federal Credit Union accounts. If they are not updated with the correct passwords, the login will fail and you will receive a security alert and be locked out of your online banking account.

Enhanced Login SecurityNSWC FEDERAL CREDIT UNION provides Enhanced Login Security which significantly increases your level of protection online. Not only will your password and user id be recognized, but your device will be recognized as well. If we don’t recognize your device – you’ve logged in from a public computer or one you haven’t used before - you will be prompted to provide a secure access code which will be sent to you. This step acts as an additional line of defense against unauthorized access to your accounts.

Timed log-offThe NSWC FEDERAL CREDIT UNION Internet Banking platform will log you off after 10 minutes of inactivity. This will reduce the risk of someone else accessing your financial information if you leave your PC unattended.

FirewallInternet Banking systems are protected 24 hours a day by a variety of security measures, to include firewalls that block unauthorized entry.

EncryptionThroughout your Internet Banking session, from login, to transaction activity, to log-off, all interactions are encrypted between your browser and the web server. NSWC FEDERAL CREDIT UNION employs some of the strongest levels of encryption available today.You can identify a secure (encrypted session) by looking for the “closed lock” icon in the lower right-hand corner (Microsoft Internet Explorer) or in the right end of the address bar (Firefox) or in the top right corner (Safari) of your browser. Additionally, the Web address or URL will begin with https://.... This indicates the page you are viewing uses encryption. The “s” stands for “secured.”

MORE SECURITY MEASURESWhile the measures noted above are instrumental to your safe interaction with Internet Banking, continuous monitoring is in place to alert NSWC FEDERAL CREDIT UNION of any unusual activity. If suspicious activity is identified, NSWC FEDERAL CREDIT UNION will take necessary steps to shut down access until the issue has been resolved. Security of your information is a top priority and we take it very seriously.

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FOURSimple Steps TO Stay Secure

YOUAttackers have learned that the easiest way to bypass even the most advanced security technology is by attacking you. If they want your password, credit card, or personal data, the easiest thing for them to do is trick you into giving them this information. For example, they can call you pretending to be Microsoft tech support and claim that your computer is infected, when in reality they are just cyber criminals that want you to give them access to your computer. Or perhaps they will send you an email explaining that your package could not be delivered and ask you to click on a link to confirm your mailing address. In reality, they are tricking you into visiting a malicious website that will hack into your computer. This is how attacks such as Ransomware or CEO Fraud start. Ultimately, the greatest defense against attackers is you. Be suspicious. By using common sense, you can spot and stop most attacks.

UPDATINGMake sure your computers, mobile devices, apps, and anything else connected to the Internet are running the latest software versions. Cyber criminals are constantly looking for new vulnerabilities in the software your devices use. When they discover vulnerabilities, they use special programs to exploit them and hack into your devices. Meanwhile, the companies that created the software are hard at work fixing them by releasing updates. By ensuring your computers and mobile devices install these updates, you make it much harder for someone to hack you. To stay current, simply enable automatic updating whenever possible. This rule applies to almost any technology connected to a network, including Internet-connected TV’s, baby monitors, home routers, gaming consoles, or perhaps even your car. If your operating systems or devices are old and no longer supported with security updates, we recommend you replace them with new ones that are.

BACKUPSSometimes, no matter how careful you are, you may be hacked. If that is the case, often your only option to ensure your computer or mobile device is free of malware is to fully wipe it and rebuild it from scratch. The attacker might even prevent you from accessing your personal files, photos, and other information stored on the hacked system. Often the only way to restore all of your personal information is from backup. Make sure you are doing regular backups of any important information and verify that you can restore from them. Most operating systems and mobile devices support automatic backups. In addition, you should store your backups in either the Cloud or offline to protect them against cyber attackers.

PASSWORDSThe next step to protecting yourself involves using a strong, unique password for each of your devices and online accounts. The key words here are strong and unique. A strong password means one that cannot be easily guessed by hackers or by their automated programs. Tired of complex passwords that are hard to remember and difficult to type? Try using a passphrase instead. Rather than a single word, use a series of words that are easy to remember, such as “Where is my coffee?” The longer your passphrase, the stronger it is. A unique password means using a different password for each device and online account. This way, if one password is compromised, all of your other accounts and devices are still safe. Can’t remember all those strong, unique passwords? Don’t worry, neither can we. This is why we recommend you use a password manager, which is a specialized application for your smartphone or computer that securely stores all of your passwords in an encrypted format.

Another important step you can take to protect your account is to use Touch ID, which uses your biometrics or a Passcode you have set up on your smartphone. Enable this option on every account you can, including your password manager, if possible.

The Equifax breach of 2017 exposed the personal information of about 143 million U.S. consumers. Information leaked included names, social security numbers, birth dates, and other personal data. A breach this large has the potential to include many NSWC members, and we want you to know that we’re here to help in any way we can. Below are some steps you can take to determine whether your information was impacted by the breach and how you can start protecting your credit and identity today.

1. Visit www.equifaxsecurity2017.com to keep up on the latest breach-related news and instructions from Equifax and to determine if your personal information may be at risk.

2. Consider contacting the three credit reporting companies – Equifax, Experian and TransUnion – to apply a credit freeze.

3. Be vigilant in reviewing your account statements and credit reports, and immediately report any unauthorized activity to your financial institution.

D A T A B R E A C H

No Annual or Balance Transfer FeesVISA Preferred 9.90% APR VISA 12.72% APR

3.90% APR intro/promo rate for purchases, balance transfers, and cash advances made in the promotional period of January 1, 2018 through January 31, 2018. For transactions completed during this date range, the intro/promo rate will be good through December 31, 2019. After December 31, 2019 rate will revert to the existing non-variable rate of 9.90% APR or 12.72% APR, depending on card product. Rates are current as of December 31, 2017. Share Secured Credit Cards are excluded from this promotion. All loans are subject to approval. Programs, rates, conditions and terms are subject to change without notice. Credit Union membership eligibility is required. Visit nswcfcuonline.org for details on current rates, terms, and conditions. Federally insured by NCUA.

New & Existing Credit Card Accounts3.90% APR Intro/Promo Rate!

On all transactions including Balance Transfers made by January 31, 2018. After December 31, 2019 your rate will revert to our great low non-variable rates below.













P.O. Box 519 Dahlgren, VA 22448

PRSRT STDU.S. Postage

PAIDCUAdvantage

LocationsDahlgren/King GeorgeNaval Support Activity South Potomac17442 Dahlgren Road

Plaza Branch5472 James Madison Parkway

PHONE NUMBERS(540) 663-2181 Fax (540) 663-5779

FredericksburgAugustine Branch2004 Augustine Avenue

Southpoint Branch5422 Southpoint Plaza Way

PHONE NUMBERS(540) 373-5127 Fax (540) 370-1774

Mailing AddressP.O. Box 519 Dahlgren, VA 22448

CommunityInvolvement

• National Cat Day was October 29th

NSWC FCU had a Facebook competition for the cutest cat picture. The cat with the most likes received a $100 gift card to PetSmart. We also donated $1.00 to the Fredericksburg SPCA and KG Animal Rescue League for every like we received up to $2,500. We had a total of 6,617 likes, which means both the Fredericksburg SPCA and KG Animal Rescue League received $2,500!

• Alzheimer’s WalkNSWC Federal Credit Union had a team in the Alzheimer’s Walk on Saturday, October 14th. Our team consisted of 7 employees and their spouses or children. We were able to raise a total of $2,000.00

• Thanksgiving Food Drive

Thanks to our members’ and employees’ donations, almost 700 pounds of food and $300 in gift cards were donated to over 40 local military families in need. Thanksgiving meal baskets were arranged to provide these families with everything they needed for an abundant Thanksgiving meal – turkeys, roasting pans,

vegetables, fruit, potatoes, gravy, stuffing, desserts, breads, baking supplies, drinks, and more! Because donations were so generous, we were also able to donate four full boxes of non-perishable food to the base food bank. We are so proud of our Credit Union family!

We look forward to more opportunities in the

community and we can’t wait to share them with you.

We consider ourselves very lucky to be a part of your community and we enjoy every minute of our involvement opportunities. Here are a few snapshots of some of our favorite events we participated in recently:

CU CONNECTION - nswcfcuonline.org · CONNECTION CU eera nre ... Annual Meeting & Board Nominations ... serving as Chairman on the Spotsylvania County School Board from …

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