ELFCU News

Members Auto Source Seminars: Finding Your Fair Trade Value and Your Next Vehicle

Thu, 09 Feb 2012 07:00:00 -0500

Used vehicles are in high demand and may increase in value this year. If you have one you want to sell or trade against a new or another used vehicle, how do you determine what your current vehicle is worth? Members Auto Source (MAS), the credit union�s preferred auto buying experts, can help.

They�re presenting a new seminar that will focus on maximizing your trade and finding your next great vehicle. Consider this your masters class in trades, compliments of your credit union and Members Auto Source.

This is a limited engagement seminar presented live at two locations only:

Tuesday, February 28
12:00 � 1:00 p.m.
Lilly Corporate Center, 98-1-Lecture Hall

Wednesday, February 29
6:30 � 7:30 p.m.
Farm Bureau Building, Assembly Halls A&B
225 South East Street
Downtown Indianapolis

RSVP to 317.524.5101 or seminars@elfcu.org. If you're not able to attend, look for our pre-recorded webcast* at elfcu.org/tools after the seminar series concludes.

*Please be aware that the session you attend may be video-recorded.

And Learn More While You Shop � it�s the Annual Auto Sale!
The learning never stops with MAS. Buying a vehicle with their guidance will ensure a well-informed decision. That�s why you�ll want to join us for ELFCU�s 2012 Spring Auto Sale:

Saturday, March 10
9:00 a.m. � 5 p.m.
Farm Bureau Building, Upper Parking Deck
225 South East Street
Downtown Indianapolis

MAS will have more than 300 new and used vehicles on display and, as always, they can order or search for any vehicle in which you�re interested. Keep the ELFCU Spring Auto Sale on your calendar if you are in the market for a new or used vehicle.

Competitive on-the-spot financing will be available or call now for your auto loan preapproval: 317.276.2105 or 800.621.2105, option 1 or apply online.

THIS SPECIAL HAS EXPIRED - ELFCU Introduces 15-Year Mortgage Special for Limited Time

Fri, 03 Feb 2012 07:00:00 -0500

Mortgage rates remain at historic lows, and we�ve slashed our closing costs on our 15-year home loan option. If you haven�t refinanced your mortgage from another financial institution, this might be the offer you�ve been waiting for. Reduce your mortgage term now with our 15-Year Mortgage Special*. [This limited time special is no longer available. Thanks to all for your interest in the credit union's mortgage program.]

You�ll enjoy flat-rate closing costs at just $750^{^} � highly discounted from the current market average. Save on closing costs so you can invest in your home, either existing or new.

This is a limited time offer ELFCU will grant on a first come; first served basis. Don�t miss the opportunity to get a shorter term, discounted closing costs, a competitive rate, and the priceless mortgage expertise and support for which your credit union is known. Consider all of it a special package deal exclusive to members seeking to refinance or buy a home with a mortgage beyond the traditional 30-year option.

To explore this smart money solution, call our Mortgage Hotline today at 317.277.8226 or 800.561.9433.

Rates are subject to change daily; special does not apply to ELFCU refinances.

*Loan example: A 15-year mortgage loan for $150,000 with a fixed Annual Percentage Rate of 3.455% would have a monthly payment of $1,063.14, no points and closing costs of $750. Example assumes property is based in Indiana, FICO score of 740 or greater and loan to value of 80% for a single family primary residence.

^Assumes no non-customary services or state-specific fees. The cost of those items would be additional.

For New or Seasoned Members: Significant Savings on Auto Financing

Fri, 03 Feb 2012 07:00:00 -0500

We want to help all members stop paying too much for their cars. That�s why we�re offering all new members of Eli Lilly Federal Credit Union a special benefit�a discount of .50% on the APR* of a new or used auto loan or refinance from another financial institution during the first six months of membership. Been a member for while? Ask about the Go Green discount which offers members a rate reduction for fuel-efficient vehicle purchases.

ELFCU is currently offering Auto Loan Rates as low as 2.99% APR*. Pursue monthly savings on your vehicle payment now. Whether you�re new to the credit union or a seasoned member, chances are we can help you lower your rate.

Contact an Account Executive for details: 800.621.2105, option 1. Check our current rates and apply for your loan anytime at elfcu.org.

*Annual Percentage Rates subject to change without notice and based on credit rating. Lowest rates achieved by combining multiple discounts available up to a maximum reduction of .75%: 1) The new member discount of .50% or 50 basis points within the first six months of membership OR 2) The Go Green mileage discount ranging from .28% to .50% based on MPG of vehicle AND 2) an automated payments (ACH) discount of .25%.

My Deposit Single Sign-On Coming to eBranch

Wed, 01 Feb 2012 07:00:00 -0500

As ELFCU rolled out My Deposit last summer, we heard from many members requesting a single sign-on option within eBranch. We�re pleased to announce that feature will soon be ready for your convenience.

Beginning the afternoon of February 10, you can access the My Deposit remote deposit capture service directly within eBranch at elfcu.org. You will no longer need to visit elfcu.org/mydeposit. In fact, this page will be deactivated and you must use eBranch to access My Deposit as of February 10. Please note that the service will be down from approximately 1 to 3 p.m. that day to allow for this switch.

If you have questions about this improvement, please call our Member Contact Center at 317.276.2105 or 800.621.2105.

Stop Paying Too Much for Your Car

Wed, 25 Jan 2012 07:00:00 -0500

Tired of feeling like you�re paying too much for your auto loan? Refinance your vehicle now! We can lower your payment and save you money every month.

Your credit union is the auto financing source that has your best interests in mind with competitive pricing, affordable insurance, and a loan customized to your budget and lifestyle.

Call an ELFCU Account Executive: 800.621.2105 or apply now!

Features of ELFCU�s Fully-Loaded Auto Loans Program

COMPETITIVE PRICING: Rates as low as 3.49% APR with automated payments*; Rates are the same on new and used cars, model years 2005 & newer
NEW CAR CHECKLINE: If you�re in the market for a brand-new vehicle, inquire about this product which gives you maximum negotiating power. You can shop the lot with a blank check in hand, good up to your preapproved amount.
AFFORDABLE INSURANCE: MEMBERS Auto Insurance provides discounted coverage to credit union members plus emergency roadside assistance, towing coverage, and access to claims professionals 24 hours per day. Ask about extended warranties, too.

*Annual Percentage Rate. Subject to change. Each individual's APR is determined by the applicant's credit history. Not all applicants will qualify for our lowest rates. Requires automated payments be established to satisfy monthly loan payment; cannot be combined with any other available rate discounts.

New �Round the Clock Member Service by Phone

Tue, 24 Jan 2012 07:00:00 -0500

Your credit union is now offering live member service representatives 24 hours per day. Speak with an individual, day or night, and have your banking requests resolved by the next business day. There�s no longer a need to wait until the next morning to call ELFCU.

Services conducted by phone 24 hours per day:

Balance and account history information
Transfers between accounts
Loan payments
Updates to account information
Certificate and loan rate information
Reporting debit cards lost or stolen
Requests for a new debit card
Check orders

For questions or issues with eBranch or Bill Pay after-hours, you�ll be directed to another resource for help.

This extension of ELFCU Member Service is brought to you in the spirit of continually expanding your access options. We know you want multiple conveniences and access channels to your smart money, and you can count on us to provide that.

Whenever you need to talk to us, you can! How? Call our usual Member Service Contact Center phone lines, 317.276.2105 or 800.621.2105, to reach a credit union representative 24/7.

eBranch Internet Banking and Bill Pay Back Up and Running

Mon, 16 Jan 2012 16:00:00 -0500

Thank you for your patience earlier today as we experienced a brief outage.

eBranch Internet Banking and Bill Pay is currently down

Mon, 16 Jan 2012 11:20:00 -0500

We are working to correct the issue and expect it to be back up shortly. Thank you for your understanding.

Consolidate High Interest Debt

Fri, 13 Jan 2012 07:00:00 -0500

How low can your interest rate go? The answer may lie in a Home Equity Loan or Line of Credit from Eli Lilly Federal Credit Union.

Interest rates for our home equity products are among the lowest we offer. Consider this option to consolidate your higher interest credit card balances and loans from other banks or credit unions. Or if your debt is in good order, use your equity to satisfy your current priorities such as home improvements, a vacation, or a major purchase.

Good Reasons to Use Your Equity
Using your equity responsibly can be financially rewarding. Specifically, ELFCU�s Home Equity Line of Credit offers flexibility of funds and many other benefits:

No Fees: No application fees, no annual fee, and low closing costs.
Low Rates: As low as 3.75% APR* = an affordable way to borrow money.
Possible Tax Benefits**: The interest you pay could be tax-deductible.

To explore a Home Equity Loan or Line of Credit, call 317.524.5010 or apply now!

*Subject to change. Each individual�s APR is determined by the applicant�s credit history. Not all applicants will qualify for our lowest rates.

**Consult your tax advisor.

Try TurboTax� Now for a Chance to Win $15,000

Tue, 03 Jan 2012 07:00:00 -0500

Take advantage of this limited-time offer for Eli Lilly Federal Credit Union members: Try any TurboTax� Online product for FREE¹ and automatically be entered for a chance to win $15,000!² You don�t pay unless you are 100% satisfied. Once you do pay, you�ll enjoy discounted rates for ELFCU members � up to 15% off on most products. As in the past, all 1040EZ & Simple Federal Tax Returns are free to file.

TurboTax brings you Total Assurance protection so you can feel 100% confident about your taxes:

Maximum refund, guaranteed¹
100% accurate calculations, guaranteed¹
FREE downloadable Audit Support Center¹
Savings of up to 15% on TurboTax products

Let TurboTax guide you step by step like a GPS to get your taxes done right�and get your refund in as few as seven days.¹Learn more about TurboTax and the �This Way to $15K� Sweepstakes²at elfcu.org/turbotax. Try it now while you have the chance to win $15,000.

Just sign in with a valid email address at elfcu.org/turbotax between January 5 and February 21 and you could be on your way to $15K.²

NO PURCHASE NECESSARY. Subject to full Official Rules. Void where prohibited.

1. Click here to see TurboTax product guarantees and other important information.

2. Get a chance to win $15,000. NO PURCHASE, PAYMENT OR FINANCIAL DISCLOSURE NECESSARY. Open to existing account holders of participating Financial Institutions as of 1/5/12, who are a legal resident of the 50 U.S. or D.C, 18 years of age or older at time of entry. Void in P.R. and where prohibited. Ends 2/21/12. Subject to complete Official Rules and all federal, state, and local laws. Official Rules including entry details available here.

PRIZES: One Grand Prize: A Check for $15,000. Retail Value $15,000. Ten First Prizes: A Check for $500. Retail Value $500 ea. Retail Value of all prizes, $20,000. Odds of winning depend on number of eligible entries received. SPONSOR: Intuit, 7535 Torrey Santa Fe Rd, SDG-2A-03-26H, San Diego, CA, 92129.

� 2012 Intuit Inc. All rights reserved. State filing charges apply. Limited time offer for TurboTax 2011. Terms, conditions, features, availability, pricing, fees, service and support options subject to change without notice. Intuit, TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of their respective owners.

Calling All Fence Sitters! Pick the Buying Side

Tue, 20 Dec 2011 07:00:00 -0500

Rent vs. Buy: if you�re having this debate, it�s time to get off the home ownership fence and start shopping for the white picket variety. A house is out there waiting for you and so is a mortgage from Eli Lilly Federal Credit Union, where we welcome first-time home buyers.

If the prospect of a mortgage is overwhelming, let us change your perspective. ELFCU�s First-Time Homebuyer Program will relieve your concerns with these friendly features:

Competitive rates
No significant down payment needed*
No Private Mortgage Insurance (PMI) required � translates to considerable savings
Loan amounts up to $200,000; single family primary residences only
Experienced mortgage team to guide you through the process step by step
Realtor Rebates � a benefit that leads to 20% cash back on the sales commission your real estate agent earns.

Thanks to programs like this one, credit unions are gaining market share in the mortgage business. Check out �Consider a Credit Union Home Loan� recently posted at NASDAQ.com.

To buy or not to buy is no longer a dilemma. Your first home can become your reality with ELFCU. Call the Mortgage Hotline, 317.277.8226 or 800.561.9433, or apply online at elfcu.org.

* States such as Florida, California, Michigan, Arizona, and Nevada are declining market states. Other areas nationwide are also considered declining markets. Contact us for more information.

Important Notice About Year End Processing

Wed, 14 Dec 2011 07:00:00 -0500

Eli Lilly Federal Credit Union�s final processing date of 2011 will be Friday, December 30.

Any member transaction or activity conducted on Saturday, December 31 via eBranch, a shared branch, or any other access channel will post in 2012.

Please keep this in mind as you�re planning your late 2011 transactions, especially if you�d like to make a final mortgage payment late in the month or Health Savings Account payments or transactions by year end.

Questions? Visit a branch or contact Member Service, 800.621.2105.

Give Yourself a Break This Season

Tue, 13 Dec 2011 07:00:00 -0500

Your credit union is here to support you during the holidays. Check out the programs we offer to make this time of year less stressful and more enjoyable for you.

CELEBRATE WITH A REFI
If you haven�t refinanced your mortgage or auto loans yet this year, take care of that now and set yourself up for savings on your monthly payments in the New Year. Apply at elfcu.org.

SKIP A PAY THIS HOLIDAY
Create cash flow for your holiday needs with Skip a Pay, a benefit that allows you to make no payment on certain ELFCU loan(s) for one month of your choice, once per year*.

Eligible loans at the credit union include: Auto Loans, Leisure Vehicle Loans, EZ Loans, and Home Equity Loans (with a max. of five skips during the life of loan). Interest and finance charges continue to accrue during the skip period.

To make your skip request now, just complete a brief online form at elfcu.org/skipapay.

HIDE IT AWAY FOR 2012
It's a smart time to start saving for next year's holiday purchases. Open a Holiday Hideaway Savings Account and set up an automatic transfer of a fixed amount per pay period. Ask at a branch, call 800.621.2105, or apply at elfcu.org.

GET FESTIVE AT THE BRANCHES
We're observing the season with a special giveaway at every ELFCU branch, so be sure to stop by in early December. Don't have access to a branch? Watch our Facebook page for a holiday promotion for members everywhere.

*You must hold the loan for at least 12 months, and it must have a minimum monthly payment of $100. A fee of $25 per consumer loan and $75 per equity loan will be deducted from your money market savings account upon the skip request. Your account must have sufficient funds to satisfy the fee.

2011 Holiday Hours at Your Credit Union

Tue, 13 Dec 2011 07:00:00 -0500

Winter Holidays

Aside from the limited closings listed below, ELFCU/AWFS will operate with regular business hours during the holiday season. Please check with your local shared branch for their holiday hours. For 24-hour transactions, count on one of our 60,000+ network ATMs or eBranch at elfcu.org.

December 26:

ELFCU/AWFS will be closed.

December 27-30:

Clinton, LCC & LTC branches will be closed.

January 2:

ELFCU/AWFS will be closed.

Enjoy the holidays!

It's Student Lending Power Hours Season

Fri, 02 Dec 2011 07:00:00 -0500

Start 2012 with a Student Lending Power Hour brought to you by Eli Lilly Federal Credit Union. Seating is limited for these personalized information sessions, so reserve your spot now!

Join ELFCU�s student lending experts as they guide you through the financial aid process and explain how to:

Complete your Free Application for Federal Student Aid (FAFSA),
Prepare for next steps including the Student Aid Report (SAR), FAFSA Verification, and your Financial Aid Award Letters,
Find answers to your questions and alleviate your concerns about student loans.

RSVP to StudentLending@elfcu.org or 317.524.5168 no later than 48 hours prior to the event you�d like to attend.

2012 POWER HOURS SCHEDULE, Private Locations

Thursday, January 12
12:00-1:00pm

Lilly Clinton Labs
C73-1-A

Tuesday, January 17
12:00-1:00pm

Lilly Corporate Center
ELFCU Branch
Conference Room

Wednesday, January 18
12:00-1:00pm

Midwest ISO
Tesla and Faraday Rooms

Thursday, January 19
12:00-1:00pm

Evonik Industries
T45-D

Tuesday, January 24
5:30-6:30pm

Medco
Cafeteria

Tuesday, January 31
12:00-1:00pm

Lilly Technology Center (South)
140-1-E

Wednesday, February 1
12:00-1:00pm

Elanco
B-1-117

Tuesday, February 7
12:00-1:00pm

Lilly Technology Center (North)
301-1-A

Wednesday, February 8
11:30am-12:30pm

RCI
RCI Auditorium

Thursday, February 9
12:00-1:00pm

Lilly Corporate Center
ELFCU Branch
Conference Room

2012 POWER HOURS SCHEDULE, Public Locations

Tuesday, January 10
6:30-7:30pm

Farm Bureau Building
Assembly Halls A&B
225 South East Street
Downtown Indianapolis

Saturday, January 14
10:30-11:30am

Hamilton 16 Theater
Hamilton Town Center
13825 Norell Road
Noblesville, IN 46060

Thursday, February 16
6:30-7:30pm

Farm Bureau Building
Assembly Halls A&B

FREE WEBINAR
While you�re waiting for the Power Hours to begin in early 2012, check into a free educational webinar hosted by the National Association for College Admission Counseling on Wednesday, December 7. If you would like to learn the basics about the Free Application for Federal Student Aid (FAFSA), register for the webinar.

All NACAC Webinars are recorded and available for download immediately after they air. If you register now, you will be sent the link to the live webinar as well as the link for the recording.

Brief eBranch Maintenance This Saturday

Thu, 01 Dec 2011 07:00:00 -0500

Due to system maintenance, eBranch Internet Banking and Bill Pay will be unavailable from 2:00 p.m. until approximately 7:00 p.m. Eastern time on Saturday, December 3.

Thank you for your understanding.

60,000+ ATMs = Access Practically Everywhere

Wed, 30 Nov 2011 07:00:00 -0500

A major banking corporation proudly advertises a network of 16,000 ATMs nationwide. But wait. We've got 60,000+. Now, where would you rather have your checking account?

At ELFCU, we believe in providing members with ultimate convenience, beginning with 60,000+ surcharge-free ATMS and 4,000+ shared branches nationwide and beyond. Look for ATMs that are part of the Allpoint, CO-OP Network, or Alliance One fleets. Search for them now.

Allpoint, one of our preferred nationwide networks, offers surcharge-free machines in many Target, Costco, 7-Eleven, Walgreens, and CVS stores. So you don't have to go out of your way for your cash.

We also offer 24/7 transactions through eBranch here at elfcu.org and our Member Contact Center at 800.621.2105 � simply choose the 24-hour member service option.

Where should you keep your cash? A ThinkBIG Checking Account with an ELFCU VISA debit card will earn you 4.0%* APY on your balance, up to $1,000, and 0.25% APY on balances greater than $1,000. (Average daily balance of $50 required to earn dividend.) It's fee-free if you enroll for electronic statements. ($4 monthly maintenance fee applies without eStatements.) With a premium dividend bearing account available to you, there�s no reason to look any farther than ELFCU for smart checking.

Apply now, visit a branch or call our Member Contact Center to open your new ThinkBIG Checking Account with its countless access privileges.

*Annual Percentage Yield as of 10/24/11. The rate is variable and may change after the account is opened.

Avoid Holiday Shopping Scams

Fri, 25 Nov 2011 07:00:00 -0500

As the holiday season approaches, it is important to be aware of potential scams. Con artists are working hard to get their hands on other people�s money as well as personal and financial information. To help reduce the risk and protect our members, we�re offering a list of potential scams along with tips for a safer and smarter holiday shopping season.

Many consumers will be using their mobile devices and computers to conduct their holiday shopping and so will the cyber scammers. Mobile device scams are a top threat this year based on the increase in mobile malware and malicious apps. Consumers should be aware of all potential threats in order to safeguard their funds and personal information this holiday season.

Holiday Scams and Tips

� Watch for mobile malware, especially deals for Black Friday and Cyber Monday.

� Be cautious when looking for free mobile apps; may be an attempt to steal information.

� Watch for malicious screensavers, ring tones and e-cards.

� Watch for purchase offers of fake anti-virus software; this scam may trick you into purchasing the software.

� Secure your computer. At a minimum, have anti-virus, anti-spyware and a firewall.

� Remember to turn off your computer when you�re done shopping.

� Watch for social media scams: phony Facebook and Twitter sites or other online promotions and contests.

� Beware of scammers advertising popular holiday items.

� Check out the seller of items; research before you buy.

� Online coupon scams may ask for your personal or financial information using email.

� Holiday phishing scams: don�t fall for emails, text messages or phone calls asking for personal or financial information.

� Monitor credit, debit and account numbers used for your holiday shopping to help identify any unauthorized usage.

� Vacation scams: don�t post holiday pictures until you are back home.

� Use only well-lit parking lots and survey the parking lot surroundings. Make sure you have your car keys in your hands before exiting a store and heading to your car.

� If an offer or item sounds too good to be true, it�s probably a scam.

Report scams you encounter to the Federal Trade Commission: http://www.ftc.gov or call toll-free 877.ftc.help (877.382.4357).

2011 Holiday Hours at Your Credit Union

Wed, 23 Nov 2011 07:00:00 -0500

Thanksgiving

All of ELFCU/AWFS will be closed on Thursday, November 24 to observe Thanksgiving Day. The Member Service Contact Center and ELFCU Administrative Offices in the Farm Bureau Building will be open for business to serve you on Friday, November 25. All branches except our Medco location will be closed that day. Happy Thanksgiving!

Winter Holidays

December 26:

ELFCU/AWFS will be closed.

December 27-30:

Clinton, LCC & LTC branches will be closed.

January 2:

ELFCU/AWFS will be closed.

Enjoy the holidays!

HARP Program to Undergo Improvements

Mon, 21 Nov 2011 07:00:00 -0500

If you currently carry a mortgage backed by Fannie Mae or Freddie Mac, it may become easier for you to refinance in the near future. The Federal Housing Finance Agency has recently announced a series of changes to the Home Affordable Refinance Program (HARP) in an effort to attract more eligible borrowers who can benefit from refinancing their home mortgage.

The specifics on the program are still pending. Once released, your credit union will communicate those guidelines.

Key enhancements to the program will include:

Open to those owing more than 125% of their home�s value
Appraisal and underwriting requirements to be reduced
Risk-based fees will drop; waived for borrowers who reduce their loan term
Borrowers must be current on previous six payments.

Click here for more information in the press release and FAQ from the Federal Housing Finance Agency.

More information will be available soon. Meanwhile, the existing rules for refinancing under HARP remain in effect.

Do Your Friends a Favor: Share ELFCU!

Wed, 09 Nov 2011 07:00:00 -0500

You�ve made it big at ELFCU. Now all your friends can, too!

ELFCU is sponsoring a �Refer a Friend� membership drive now through November 30, 2011. While other financial institutions are asking customers to pay new fees, ELFCU continues to offer fee-free checking and debit options PLUS we�re paying members $50 to recruit a friend. No limit!

What�s in it for you:

A $50 Referral Bonus: We�ll pay you $50 for each friend you refer who becomes a member of ELFCU and funds a checking account with at least $50. You may refer as many friends as you wish � there�s no limit, but they must be age 18 or older. As always, we welcome younger members too, but they won�t qualify you for the special referral bonus. Tell your friend(s) to provide your name and address to the credit union when they apply to ensure proper credit for your referral.

What�s in it for your friends:

Fee Free ThinkBIG Checking: Pays 4.0% APY* on balances up to $1,000 and 0.25% APY on balances greater than $1,000. (Average daily balance of $50 required to earn dividend.)

Fee Free Debit Program: Free point of sale transactions and cash back with an ELFCU VISA� debit card

Access Practically Everywhere: 60,000+ surcharge-free ATMs, 4,000+ shared branches, and 24/7 eBranch. Mobile Banking coming soon!

Money Saving Opportunities including mortgage and auto loan refinance opportunities that can keep money in their pockets every month.

$5 to get your friend�s Money Market savings account started!

How to?

Refer your friend to a branch, our Member Contact Center at 800.621.2105, or elfcu.org/refer to enroll.

*Annual Percentage Yield as of 10/24/11. The rate is variable and may change after the account is opened. $4 monthly maintenance fee applies without eStatements.

We are currently experiencing issues with our phone system.

Mon, 07 Nov 2011 07:00:00 -0500

If you are calling for your account balance or to transfer funds within your account, please email us at customerservice@elfcu.org, message us via Live Chat, or email us from within eBranch online banking. You may also call our 24/7 Credit Union Service call center at 888-837-6500. We apologize for this inconvenience. Thank you for your patience.

2011 is the Year of Direct Deposit: Are You In?

Thu, 03 Nov 2011 07:00:00 -0400

Make life easier for yourself. Set up Direct Deposit with ELFCU by the end of this year!

Whether your source of income is payroll, pension and/or federal benefits, you can arrange for direct deposit � a service that simplifies your financial life with little effort on your part. It�s also secure because there�s never a paper check involved.

Just provide the following information to the party responsible for your income:

ELFCU�s routing number, 274073834, AND
Your account number (NOT the same as your member number)

Make the change now before you�re required to do so. The government will make ALL federal benefit payments via direct deposit beginning March 1, 2013. Visit a branch, call our Member Contact Center, 800.621.2105, or send your questions to customerservice@elfcu.org.

Fraudulent Email Claiming to Come from NACHA

Tue, 25 Oct 2011 07:00:00 -0400

ELFCU has become aware of a new email scam that is being distributed to consumers as if it is from NACHA. NACHA is the industry trade association that manages the development, administration, and governance of the ACH Network, the backbone for the electronic movement of money and data. This particular scam attempts to upload malicious software to a computer.

NACHA does not send communications to persons or organizations about individual ACH transactions that they originate or receive. NACHA itself does not process nor touch the ACH transactions that flow to and from organizations and financial institutions.

These fraudulent messages are occurring with greater frequency and increased sophistication, and perpetrators are conducting similar phishing attacks in which they are sending emails that claim to be from the Federal Reserve Bank, IRS, other federal agencies, as well as commercial financial institutions, other payment organizations, technology companies, and businesses.

Members should not click on any links or open any attachments in an email of this type. Members should forward any suspected fraudulent email carrying the NACHA name to abuse@nacha.org and then delete the email.

Think Big About Your Checking Account

Mon, 24 Oct 2011 10:00:00 -0400

There�s no need to settle for a basic checking account with fees attached. Get an easy and efficient ThinkBIG Checking with an ELFCU VISA debit card and earn 4.0% APY on your balance, up to $1,000, and 0.25% APY on balances greater than $1,000. (Average daily balance of $50 required to earn dividend.)

While other financial institutions are asking customers to pay new fees for debit card use, Eli Lilly Federal Credit Union continues to offer a fee-free checking option that actually pays you back. The only requirement is electronic statements. ($4 monthly maintenance fee without eStatements.) With premium dividend bearing accounts available to you, why wouldn�t you explore your smart checking options with ELFCU?

First things first! Establishing Direct Deposit is essential when activating your checking account. It�s simple to arrange for direct deposit of your payroll or federal benefits:

Just provide the following information to the party responsible for your direct deposit:
ELFCU routing number, 274073834, AND
Your checking account number (NOT the same as your member number; check eBranch or your statement)

Once your account is funded, you�ll be prepared to use the features of your ThinkBIG Checking including your flexible VISA� debit card and 60,000+ surcharge free ATMs nationwide.

Apply online, visit a branch or call our Member Contact Center, 800.621.2105, to open your new ThinkBIG Checking Account.

*Annual Percentage Yield as of 10/24/11. The rate is variable and may change after the account is opened.

Explore the World with Your Credit Union and Seymour

Thu, 20 Oct 2011 07:00:00 -0400

This year on International Credit Union Day � Thursday, October 20�we�re launching �Where in the World is Seymour? A Contest of Global Proportions.�

In the spirit of global accessibility at your credit union, we sent our beloved mascot Seymour de Green on a worldwide vacation and asked him to take plenty of photos along the way. Now we need your help to identify the ten famous destinations Seymour visited. Members (must be 18 or older) who submit the most correct answers will earn the chance to win some fantastic prizes including:

(1) Grand Prize: A giant plush carnival frog (Estimated Retail Value: $100 and pictured to the right)

(1) First Prize Winner among all online entries: $100 VISA� TravelMoney Card

(7) First Prize Winners at each ELFCU/AWFS Branch: $50 VISA� TravelMoney Card

Click here to view the photo album from Seymour de Green�s worldwide vacation and to submit your official �Where in the World is Seymour?� contest entry.

Contest deadline is November 1, 2011 for all entries online, at a branch or by mail to ELFCU�s �Where in the World is Seymour?� Contest; 225 South East Street, Suite 300; Indianapolis, IN 46202.

When you travel domestically or globally yourself, count on your credit union access points to ensure a smooth trip:

4,000+ shared branches and 60,000+ surcharge free ATMs
Fee free VISA� debit card accepted worldwide
eBranch at elfcu.org
VISA� TravelMoney cards

ELFCU TRAVEL TIP: Before you go, let us know! Especially if you�re traveling internationally, notify the credit union of your plans, so we can note your accounts accordingly.

Visit a branch or call Member Service, 317.276.2105 or 800.621.2105, for more information about the contest or what we can offer you while traveling.

No purchase necessary. One grand prize to be awarded with an approximate retail value of $100; one online winner to be awarded $100 VISA TravelMoney card; multiple branch winners to be awarded $50 VISA TravelMoney cards. Odds of winning based on number of entries with most correct responses. Prize winner to be announced no later than November 10, 2011.

Fraudulent Email Claiming to Come from Federal Reserve

Fri, 14 Oct 2011 07:00:00 -0400

As your credit union, we believe it�s important to inform you about current email phishing scams and other fraudulent activities that may target members. These scams often appear to come from an official financial entity and usually attempt to obtain personal information from the recipient. Along these lines, we�ve become aware of a fraudulent email message that�s circulating and claiming to come from the Federal Reserve.

Specifically, the email claims to be from the Federal Reserve Wire Network and appears to be sent from "alert@federalreserve.gov." Please see an example of the email below:

= = = = = Sample Email = = = = = =

From: "alert@federalreserve.gov"

To: Doe, John

Subject: Transaction failed

The outgoing Wire fund transfer that you placed 00/00/2011, was not processed by an intermediary or beneficiary bank.

Please click here to view further information

This service is provided to you by the Federal Reserve Board. Visit us on the web at "http://www.federalreserve.gov"

= = = = = = = = = = = = = = = = = = =

This is a fraudulent email. It was not sent by the Federal Reserve. Do not click on any links within this type of message. This is a phishing scam trying to obtain sensitive member information such as account and debit/credit card numbers.

Be aware that phishing messages frequently contain attachments and/or links to web pages that host malicious code and software. Do not open attachments or follow links within unsolicited emails from unknown parties or from parties with whom you do not normally communicate. Immediately delete any email that appears to be suspicious or unusual in any way.

System Maintenance for Limited Time Sunday Night

Fri, 07 Oct 2011 12:00:00 -0400

Due to system maintenance, eBranch will be unavailable on Sunday, October 9 from 4:00 a.m. to 6:00 a.m. and again from 8:00 p.m. to 10:00 p.m Eastern time. Thank you for your understanding.

Fee Free Debit

Fri, 07 Oct 2011 09:00:00 -0400

While other financial institutions are asking customers to pay new fees for debit card use, Eli Lilly Federal Credit Union continues to offer a no fee debit program. We�re ignoring the debit card fee plans of the Big Banks.

If you don�t have an ELFCU VISA� Debit Card, get one. If you already have an ELFCU VISA� Debit card, use it. There�s been no better time to count on ELFCU as your primary financial institution and as your source for smart spending debit tools:

NO debit card fees
VISA� debit card accepted worldwide
Convenient cash back debit option at point of sale
Search here 60,000+ surcharge free ATMs nationwide

Apply online, visit a branch or call our Member Contact Center, 800.621.2105, to request an ELFCU VISA� Debit Card today.

Mortgage Rates Drop to All-Time Lows

Fri, 07 Oct 2011 07:00:00 -0400

Don�t miss this window to lower your monthly mortgage payment or to affordably shorten the term of your mortgage.

ELFCU continues to offer competitive mortgage rates on traditional 30-year mortgages as well as shorter terms. With the drop in rates this fall, terms less than 30 years are growing in popularity.

Mint.com�s Comparing the 15-year and 30-year Mortgage outlines the advantages of a 15-year term.

Securing a lower rate, paying less interest over time, and building more equity may translate to the right mortgage formula for you. Consider these benefits especially when combined with support from the experienced mortgage team at ELFCU. They will walk you through the refinance process step-by-step.

Call the Mortgage Hotline as your first step: 800.561.9433 or apply now!

Stop Paying Too Much for Your Car

Fri, 07 Oct 2011 07:00:00 -0400

Tired of feeling like you�re paying too much for your auto loan? Refinance your vehicle now! We can lower your payment and save you money every month.

Your credit union is the auto financing source that has your best interests in mind with competitive pricing, affordable insurance, and a loan customized to your budget and lifestyle.

Call an ELFCU Account Executive: 800.621.2105 or apply now!

Features of ELFCU�s Fully-Loaded Auto Loans Program

COMPETITIVE PRICING: Rates as low as 3.49% APR with automated payments*; Rates are the same on new and used cars, model years 2004 & newer
NEW CAR CHECKLINE: If you�re in the market for a brand-new vehicle, inquire about this product which gives you maximum negotiating power. You can shop the lot with a blank check in hand, good up to your preapproved amount.
AFFORDABLE INSURANCE: MEMBERS Auto Insurance provides discounted coverage to credit union members plus emergency roadside assistance, towing coverage, and access to claims professionals 24 hours per day. Ask about extended warranties, too.

The Case for Long Term Care Insurance: Pre-Recorded Webinar Now Available

Tue, 04 Oct 2011 07:00:00 -0400

Your health can change at any time, at any age, resulting in the need for long term care.

Get the facts from our preferred long term care insurance provider, LTC Solutions, Inc., and consider this important product. It can help you maintain normalcy for your family if the unexpected happens.

If you weren�t able to attend our live seminars in September, catch the pre-recorded seminar at a time that�s convenient for you.

If interested in learning more about your long term care insurance options, contact LTC Solutions, Inc.

Members Auto Source Announces Private Auto Sale

Fri, 23 Sep 2011 07:00:00 -0400

From Prius shoppers to Pilot lovers, you�ll be happy to learn about our next great auto buying event. Our partners at Members Auto Source (MAS) will present a Private Toyota-Honda-Acura Auto Sale for credit union members in Central Indiana. Don�t miss out on this exclusive opportunity to shop two lots, glean expert advice from MAS, and secure a financing special from ELFCU.

Thursday, October 27 � Saturday, October 29
9 a.m. to 6 p.m.

Indy Honda
8455 U.S. 31 South
Indianapolis, IN 46227

CONTACT:
Jeremy Nowling
317.538.3822
jeremynowling@yahoo.com

Ed Martin Toyota & Acura
5500 Scatterfield Road
Anderson, IN 46013

CONTACT:
Derek Manis
765.622.4200
dmanis@edmartin.com

New and used auto loan rates as low as 2.99% APR* during the sale only

*Annual Percentage Rate. Each individual's APR determined by applicant's credit history. Not all applicants will qualify for lowest rates. Includes automated payment discount of .25%. Used models 2004 & newer.

eBranch Upgrade Planned

Wed, 21 Sep 2011 12:00:00 -0400

Your eBranch Internet Banking and Bill Pay features will be unavailable from 11 PM Eastern time, Friday, September 23 through 12 PM Eastern time (noon), Sunday, September 25. During this extended outage, we will migrate our internet banking infrastructure to a new, state of the art platform.

This upgrade will enhance the Financial Overview area with a new look and feel and helpful features in a continued safe and secure online banking environment. Additionally, future enhancements will be made possible by this upgrade including:

Personal Money Management tools (PMM)
In-line transaction editing
Categorization of transaction data
Ability to view pending debits and credits
More self-service functionality

Thank you in advance for your patience and understanding as we continue to improve our internet banking offer.

Dean on the Street Streaming Your Way Now

Wed, 21 Sep 2011 08:00:00 -0400

Eli Lilly Federal Credit Union and our preferred auto buying experts, Members Auto Source (MAS), are featuring a new series of video vignettes with straightforward auto advice. Covering topics from the best times to buy to how to improve your fuel efficiency, Dean McBride of MAS is sharing his expertise based on 15 years in the automotive service, repair and sales industries.

As Dean explains �MAS is the red carpet treatment for buying a vehicle. I can help locate a vehicle and price it for a member while making the whole process as quick, painless and enjoyable as possible.� Dean knows that people don�t want to waste a lot of time shopping for a vehicle. His recommendations via �Dean on the Street� can help make the auto buying process less overwhelming, whether you decide to use an auto buying service or not. He�s also providing plenty of maintenance tips.

Watch for the initial series of �Dean on the Street� to run throughout September & October 2011 at facebook.com/elfcu.

More About Dean: When he�s not buying cars for members, Dean McBride spends time with his family, works on home improvements, and enjoys his two motorcycles. (If interested, he can help you buy one of those, too.) You can contact Dean directly about your auto buying needs at 866.493.9545 or dmcbride@membersautosource.net.

For auto financing, be sure to consider your credit union�s Fully Loaded Auto Loans Program first. For current rates, call 800.621.2105 or visit elfcu.org/rates.

No Need to Delay Estate Planning

Wed, 21 Sep 2011 07:00:00 -0400

The percentage of Americans who have estate planning documents such as wills, trusts or power of attorney dropped to 51% in 2009 from 64% in 2007. The survey from Lawyers.com cites the economic downturn as a possible reason for the decline. People are more concerned with immediate needs than planning for the future.

At the credit union, we believe in Smart Money decisions and solutions. If you�ve delayed creating or updating your own will or trust due to the costs associated with professional estate planning services, you may want to reconsider with help from ELFCU. Ask us about EZ Estates, a simple way to acquire an estate plan with both the funds and advice you need:

An affordably-priced EZ Line of Credit with a current rate as low as 11.74% APR*, much lower than many credit cards on the market; credit limits available from $500 to $5,000, giving you enough to cover the cost of most estate plans; manageable monthly payments with a .25% rate discount for automating them.
Your choice of professional legal services between two preferred providers, each offering a complimentary initial consultation and educational seminars for credit union members.

There�s no need to delay estate planning further. With EZ Estates, the time to acquire peace of mind is now.

Visit your branch or call 800.621.2105 for details.

See elfcu.org for Estate Planning seminar dates in October.

*Annual Percentage Rate on the EZ Loan is a variable interest rate set at the discretion of the credit union and can change after the loan is made. The APR will never be greater than 18% or the maximum rate allowed by law, whichever is less.

Source: Lawyers.com survey, December 2009, among a national sample of 1,022 Americans age 18 or older.

ATM and Debit Card Issues Resolved

Mon, 19 Sep 2011 07:00:00 -0400

Thank you for your patience this past Friday evening as CO-OP Network, the partner that handles debit card and ATM transactions for our membership, experienced a nationwide service outage. CO-OP Network worked on the problem with extreme urgency and has resolved the issues with debit and ATM transactions. We sincerely apologize for the inconvenience this outage may have caused you. We appreciate your business!

eBranch Maintenance Planned

Thu, 15 Sep 2011 07:00:00 -0400

Your eBranch Internet Banking and Bill Pay features will be unavailable from 7 PM through 10PM Eastern time, Saturday, September 17. Thank you for your patience and understanding.

Bring Financial Aid Night to Your School

Thu, 08 Sep 2011 07:00:00 -0400

Parents: Congratulations on beginning another school year full of possibilities for your family! We know this is a busy time for you. In regards to college planning, ELFCU would like to offer support.

Families are often overwhelmed by the financial aid process. That�s why we�re here to help with information and education. Student lending is one of our specialty areas here at the credit union, and our student lending team is prepared to bring a one-hour presentation to your son or daughter�s high school. We have developed a helpful standard presentation that highlights the student loan application process with a special emphasis on the Free Application for Federal Student Aid (FAFSA), or we can customize a program for your school.

We hope you will explore our offer to visit your school, at no cost and minimal effort required by the administration. If interested, ELFCU can provide a summary of this session to you to be shared with your child�s guidance counselor, or feel free to put your school officials directly in touch with our experts via our Student Lending Hotline, 317.524.5168, or StudentLoans@elfcu.org.

ELFCU Wealth Management Staff Attend LPL Financial 2011 National Conference

Wed, 24 Aug 2011 07:00:00 -0400

The entire staff of ELFCU Wealth Management recently attended focus11, a leading financial services industry conference hosted by LPL Financial, the nation�s number one independent broker-dealer.*

Held in Chicago, August 7�10, focus11 was one of the industry�s largest gatherings of independent financial advisors, and remains one of the industry�s premier sales and education event. Approximately 5,000 attendees from around the country assembled for the opportunity to learn new strategies and skills, expand knowledge in numerous product areas and network with peers and industry experts. They also heard from influential speakers who addressed current events and financial industry trends. The speakers included Condoleezza Rice, 66^th United States Secretary of State; Michael Eisner, former CEO of The Walt Disney Company; and Sir Ken Robinson, author of Out of Our Minds.

Additionally, through the hundreds of business sessions, technology training sessions and continuing education classes at this event, LPL Financial advisors gained valuable knowledge to help them continually improve the service they offer to the customers and members they serve.

Bill Dwyer, president of National Sales and Marketing for LPL Financial, noted that the conference�s theme, A Focus on the Future, speaks to the current economic outlook and its opportunities and challenges for advisors and their clients: �Our enduring mission at LPL Financial is to support our independent advisors as they help their clients reach their life goals. We believe our ability to enable the delivery of objective and conflict-free advice through trusted local advisors is critical in this ongoing effort.�

Unlike many brokerage firms, LPL Financial does not develop its own proprietary investment products, so the unbiased advice given by its advisors is based solely on individual client needs.

About LPL Financial

LPL Financial, a wholly owned subsidiary of LPL Investment Holdings Inc., is an independent broker-dealer. LPL Financial and its affiliates offer proprietary technology, comprehensive clearing and compliance services, practice management programs and training, and independent research to over 12,600 financial advisors and approximately 750 financial institutions. Additionally, LPL Financial supports over 4,000 financial advisors who are affiliated and licensed with insurance companies with customized clearing, advisory platforms and technology solutions. LPL Financial and its affiliates have approximately 2,700 employees with employees and offices in Boston, Charlotte, and San Diego. For more information, please visit www.lpl.com.

Member FINRA/SIPC

*Based on total revenues, Financial Planning magazine, June 1996-2011

Tracking#751455

Mortgage Interest Rates Drop

Fri, 19 Aug 2011 07:00:00 -0400

First mortgage interest rates have taken a plunge recently, dropping close to the near record lows from last October. As Mortgage News Daily states, �Consumers are looking to seize the opportunity. There's always a rush by consumers and loan agents to lock rates on dips, and that practice is all the more prevalent when extreme daily rate swings raise the sense of urgency.�

Along with lower rates, many homeowners are seeking a shorter term than the traditional 30-year mortgage. According to Freddie Mac, of the homeowners who refinanced a 30-year fixed-rate mortgage in Q2 of this year, 37% chose a 15- or 20-year fixed-rate mortgage. This marks the highest volume of refinances at these terms since Q3 2003.

As a result of the strong current interest in refinancing, ELFCU has experienced higher than normal call volume to our mortgage division. If you�re attempting to reach the credit union regarding a mortgage, please be aware that all calls to the ELFCU Mortgage Hotline, 800.561.9433, will be returned within 24 business hours.

Meanwhile, to learn how to maximize the benefits of refinancing, explore �Refi Roadmap: A Locked Rate Isn't a Closed Loan� from Mortgage News Daily.

Sources: Mortgage News Daily; The Credit Union Journal

Enhancing Your eBranch

Tue, 16 Aug 2011 07:00:00 -0400

We�ve been busy at ELFCU creating an online banking experience that includes faster, easier and more direct bill payments. Check out these four new enhancements within eBranch at elfcu.org now:

Same Day/Next Day Bill Pay

Avoid late payments, late fees, and possible service interruptions with two new expedited bill pay features. Same Day Bill Pay is for merchants who accept electronic payments and carries a $10 fee per payment. Next Day Bill Pay is for merchants who accept only check payments and carries a $15 fee per payment. eBranch will guide you regarding which options are available by merchant.

Account-to-Account Transfers (A2A)

To move money from one U.S. financial institution to another, Account-to-Account Transfers can be established on a one-time or recurring basis. It�s a free online service. To access our A2A feature, click �Transfer Money� within the Bill Pay menu.

NOTE: ELFCU has offered this service previously through another payment processing vendor. We are asking all current users of A2A to transition their non-ELFCU account information to the link within Bill Pay and begin using our new service going forward. ELFCU will disable our original A2A offering and remove the link from the �Transfers� tab inside eBranch on October 31, 2011. Thank you for your understanding as we transition to our new, faster, A2A service.

Person-to-Person Payments (P2P)

Now you can pay people electronically. With Person-to-Person Payments, you can transfer funds to anyone with a valid email address or mobile phone number and a US bank or credit union account. It�s also free! Pay the babysitter without running to the ATM. To access, click on �Pay People� within the Bill Pay menu.

More to come in 2011!

Keep watching for announcements and details about further enhancements to eBranch, including personal financial management tools coming later this fall. Mobile Banking is also on the horizon at ELFCU, which will make your smartphone an access point to your smart money.

Restrictions may apply with all the new enhancements, including daily cut-off times; limits on weekly transfer or payment amounts; and general availability based on member status.

Market Update from ELFCU Wealth: Weathering the Volatility

Mon, 08 Aug 2011 17:00:00 -0400

The first few days of August for the stock market have represented a rapid flight from risk. The third-quarter bounce for the economy, driven by the tight consensus of investors three weeks ago, has now been completely rejected by the capital markets which have turned lower, despite the fact that earnings remain robust for Corporate America. The market has also ignored several recent, solid assessments of the economy, especially the recently released employment report, which showed a welcomed gain of 154,000 jobs being created in the private sector for July. The uncertainty of the European debt crisis and intense debate on the U.S. debt ceiling precludes any material hope of fiscal or monetary stimulus before the next election. This lack of policy actions has increased the perceived risk in the markets that is causing investors to flee. In a sense, �all news has been bad news� as of late.

Read ELFCU Wealth's complete commentary.

Downgrade Commentary from ELFCU Wealth

Mon, 08 Aug 2011 17:00:00 -0400

After the market close on Friday, Standard and Poor�s (S&P)�one of the three major U.S. rating agencies�downgraded the U.S. government debt from AAA to AA+. This is actually a drop of less than one level within the S&P rating system. According to S&P, an obligor rated AAA has �extremely strong capacity to meet its financial commitments� while one of AA has �very strong capacity to meet its financial commitments� and differs from AAA obligors �only to a small degree.� Therefore, U.S. debt is still rated very strong. In addition, the two other major U.S. rating agencies, Moody�s and Fitch, have maintained their highest ratings for U.S. federal debt. S&P kept the short-term rating of the United States at the top rating of A1+. Short-term money market instruments are rated on a different scale, but the status quo with respect to these ratings implies no impact to money market funds.

Read ELFCU Wealth's complete commentary.

My Deposit Outage This Weekend

Thu, 04 Aug 2011 07:00:00 -0400

Due to system maintenance, My Deposit, our remote check deposit service, will be unavailable beginning at 11 p.m. EST on Saturday, August 6 through approximately 1 a.m. EST on Sunday, August 7.

Thank you for your understanding.

Credit Unions Pledge $1 Billion to Higher Education Financing Solutions

Thu, 04 Aug 2011 07:00:00 -0400

In the face of heated debt-ceiling and deficit negotiations in Washington, nearly 200 credit union partners of Credit Union Student Choice, including your own credit union, have underscored their commitment to students, families, and colleges by collectively pledging $1 billion to higher education financing solutions.

According to Jon Jeffreys, President of Credit Union Student Choice, this historic pledge comes at a critically important time for higher education. While students busily prepare for Fall semester classes and finalize their funding needs, Congress is engaged in fierce negotiations over the Federal budget�an impasse that could significantly impact the flow of educational funds, such as Pell Grants, to students, colleges, and universities.

�Our credit union partners have stated loud and clear that they support students and families, and in turn, the colleges and universities that are the bedrock of many communities,� said Jeffreys. �While it�s imperative that students first maximize scholarships, grants, and Federal Stafford loans, this pledge reaffirms our credit union partners� commitment to providing fair-value private student lending solutions. This is especially important in light of the ongoing budget negotiations, which could potentially result in delayed or reduced funding of key programs.�

With education costs continuing to rise, millions of students rely on loans to pay for college. Jeffreys points out that while Federal student loans provide the best financing option, many students also rely on private student loans to fill funding gaps. The nationwide Student Choice network enables its 200 credit union partners to provide school‐certified private education loans to students in need of additional financing options, while also providing key information to help families make responsible decisions on the best ways to pay for college.

�We�re proud to take part in this commitment to support the families, schools and communities we serve,� said Rick Thornburg, SVP of Lending at Eli Lilly Federal Credit Union. �Credit unions have a unique opportunity and ability to make a real difference in the lives of our members. By joining with credit unions nationwide, we support this collaborative pledge to higher education.�

If you�d like advice regarding your private student loan options at this time, contact your student lending experts at ELFCU: 317.524.5168.

First-Time Home Buyer�s Program May Help Resolve Dilemma of Rent vs. Buy

Thu, 04 Aug 2011 07:00:00 -0400

Economists with the National Association of Realtors are rating the Housing Affordability Index at the highest levels since the index originated in 1971. Current pricing seems to be reason enough to forego a lease on an apartment and explore home ownership instead; however, if you need further convincing, consider Eli Lilly Federal Credit Union�s First Time Home Buyer�s Program.

The features of this program include:

Up to 95% financing*
No Private Mortgage Insurance (PMI) required
Loan amounts up to $200,000; single family primary residences only
Competitive rates

First-time buyers can purchase a house through this program without a significant down payment. Further, there�s no PMI, a benefit that can translate to considerable savings over time. Another priceless advantage from ELFCU is the guidance buyers receive from our experienced mortgage team, available to walk you through the process step by step.

Call the Mortgage Hotline to inquire about your options: 317.277.8226 or 800.561.9433.

* States such as Florida, California, Michigan, Arizona, and Nevada are declining market states, and home purchases in these states will be reviewed with a maximum LTV of 90%. Other areas nationwide are also considered declining markets. Contact us for more information.

Signature Loans for Summertime Lifestyle Needs

Thu, 21 Jul 2011 07:00:00 -0400

If it�s time to consolidate debt, take an overdue vacation or buy new living room furniture, then consider a Signature Loan. Complete with a competitive rate and no pre-payment penalties, it�s an attractive loan secured by your name and credit rating for any purpose.

With fixed rates currently as low as 8.74% APR*, a Signature Loan is priced competitively especially compared to today�s typical credit card rates.

To learn more about our Signature Loans, call 317.276.2105 or 800.621.2105.

*Annual Percentage Rate subject to change without notice. Not all applicants will receive lowest rate based on credit rating.

The Guidance You Need

Wed, 20 Jul 2011 07:00:00 -0400

Are you aware that most Americans spend more time planning for a two-week vacation than planning for retirement?*

Let Eli Lilly Federal Credit Union Wealth Management help you retire more comfortably, protect your assets and your financial future, and fund your children�s or grandchildren�s education.

We�re confident you�ll find everything you need from our investment services to help you work toward realizing your goals, dreams and plans:

The Broad Scope of ELFCU Wealth Management

� Personal Financial Assessments

� Portfolio Management

� 401(k) Planning

� Education Funding

� Retirement Planning

� General Investment Management

� Wealth Preservation

� Tax-Advantaged Investment Planning

� Charitable Giving Strategies

� Long Term Care Insurance

Our approach is based on personalized service and attention from a team of trusted, experienced LPL Financial advisors. Visit elfcuwealth.org where you can �Meet the Representatives� on the ELFCU Wealth team; then call 317.277.7690 or 888.425.0374 to schedule a complimentary, no-obligation investments consultation.

*Source: American Savings Council

Securities and advisory services offered through LPL Financial, a registered investment advisor, Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliiates.

Not NCUA Insured | No Credit Union Guarantee | May Lose Value

Eli Lilly Federal Credit Union and Eli Lilly Federal Credit Union Wealth Management are not registered broker/dealers and are not affiliated with LPL Financial. LPL Financial Representatives offer access to Trust Services through The Private Trust Company, N.A., an affiliate of LPL Financial.

eBranch Outage This Weekend

Fri, 15 Jul 2011 07:00:00 -0400

Due to system maintenance, eBranch Internet Banking and Bill Pay will be unavailable 7:00 p.m. through approximately 9:00 p.m. Eastern time on Sunday, July 17.

Thank you for your understanding.

ELFCU News

Members Auto Source Seminars: Finding Your Fair Trade Value and Your Next Vehicle

*THIS SPECIAL HAS EXPIRED* - ELFCU Introduces 15-Year Mortgage Special for Limited Time

For New or Seasoned Members: Significant Savings on Auto Financing

My Deposit Single Sign-On Coming to eBranch

Stop Paying Too Much for Your Car

New �Round the Clock Member Service by Phone

eBranch Internet Banking and Bill Pay Back Up and Running

eBranch Internet Banking and Bill Pay is currently down

Consolidate High Interest Debt

Try TurboTax� Now for a Chance to Win $15,000

Calling All Fence Sitters! Pick the Buying Side

Important Notice About Year End Processing

Give Yourself a Break This Season

2011 Holiday Hours at Your Credit Union

It's Student Lending Power Hours Season

Brief eBranch Maintenance This Saturday

60,000+ ATMs = Access Practically Everywhere

Avoid Holiday Shopping Scams

2011 Holiday Hours at Your Credit Union

HARP Program to Undergo Improvements

Do Your Friends a Favor: Share ELFCU!

We are currently experiencing issues with our phone system.

2011 is the Year of Direct Deposit: Are You In?

Fraudulent Email Claiming to Come from NACHA

Think Big About Your Checking Account

Explore the World with Your Credit Union and Seymour

Fraudulent Email Claiming to Come from Federal Reserve

System Maintenance for Limited Time Sunday Night

Fee Free Debit

Mortgage Rates Drop to All-Time Lows

Stop Paying Too Much for Your Car

The Case for Long Term Care Insurance: Pre-Recorded Webinar Now Available

Members Auto Source Announces Private Auto Sale

eBranch Upgrade Planned

Dean on the Street Streaming Your Way Now

No Need to Delay Estate Planning

ATM and Debit Card Issues Resolved

eBranch Maintenance Planned

Bring Financial Aid Night to Your School

ELFCU Wealth Management Staff Attend LPL Financial 2011 National Conference

Mortgage Interest Rates Drop

Enhancing Your eBranch

Market Update from ELFCU Wealth: Weathering the Volatility

Downgrade Commentary from ELFCU Wealth

My Deposit Outage This Weekend

Credit Unions Pledge $1 Billion to Higher Education Financing Solutions

First-Time Home Buyer�s Program May Help Resolve Dilemma of Rent vs. Buy

Signature Loans for Summertime Lifestyle Needs

The Guidance You Need

eBranch Outage This Weekend

THIS SPECIAL HAS EXPIRED - ELFCU Introduces 15-Year Mortgage Special for Limited Time