July 2013

&NQMPZFFT$SFEJU6OJPO Make Sure Your Loan is Approved Nobody likes getting turned down for a loan. And although Nucor Employee's Credit Union makes every effort to approve all loan requests, it's sometimes necessary to deny an application--to protect the applicant's financial health, as well as the credit union's. When the credit union denies a loan, it's because the applicant has either (1) a poor credit history, or (2) a high debt-to-income ratio. Your debt-to-income ratio is the percentage of your total debt compared to income. For example, if each month you pay $400 toward debt with a $1,000 gross (before tax) monthly income, your debt-to-income ratio is 40%. Although there's no magic ratio to shoot for, a rough guideline is that total debt shouldn't exceed about 40% of total income. The credit union also weighs other factors, and requirements vary for different loans. If your loan request gets rejected, here are a few things you can do to improve your chances for approval on your next application: * Devise a plan to pay off old loans, including credit card balances, thus reducing your debt-to-income ratio. * You may qualify to consolidate your loans and credit card balances into one loan at Nucor Employee's Credit Union; then stop overusing credit cards. * Get a handle on your budget by comparing what you spend with what you earn. A budget can help you trim expenses and funnel money toward paying off old debts. * Fix your broken credit history. Nucor Employee's Credit Union will work with any member who is sincere about reestablishing good credit. (9952) * Bolster your income with a second job-temporarily--to help trim your debt. Copyright 2008-2013 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

July 2013

For the Best New-Car Deal, Look At Resale Value When you drive a new car off the dealership’s lot, you’re still riding high on that new-car euphoria. But how will you feel five years later? Not all cars depreciate at the same rate. Choosing a vehicle that holds its value can save you money by keeping pace with your loan, and especially when you go to resell it. According to Kelley Blue Book, the car with the best resale value in 2013 is the Toyota FJ Cruiser, a compact SUV projected to retain a whopping 63% of its original purchase value after five years. Toyota was also Kelley’s pick for the brand with the best overall resale value—the third time in four years Kelley chose Toyota for that recognition. Meanwhile, the Washington D.C.-based personal finance publisher Kiplinger didn’t include a single Toyota model in its list of 2013 vehicles with the best resale value. Edmunds.com, an online automotive resource for consumers, chose Honda for the brand with the highest resale value in 2012. We looked at selections from all three publications for an overview of the vehicles with the best resale values: (3516) Sedans Kelley selected the Honda Civic, Honda Accord, and Toyota Avalon for the cars with the highest resale value in the categories of compact, mid-size, and full-size cars, respectively. The Civic, Kelley estimated, would retain 46.9% of its value after five years. For sedans less than $20,000, Edmunds also selected the Civic. For cars less than $20,000, Kiplinger chose the compact Ford Focus S. SUV The Toyota Sequoia was Kelley’s choice for the full-size SUV. Kiplinger chose the Lexus RX 350 for the best value-retention among midsize and large SUVs. Both Kiplinger and Kelley selected the Jeep Wrangler as a good choice for a compact SUV. Edmunds broke its selections up by price, choosing the Subaru Forester for SUVs less than $25,000 and the Honda CR-V for the $25,000 to $35,000 range. Truck Both Edmunds and Kelley gave the best resale value for compact trucks to the Toyota Tacoma. For full-size trucks, Kelley chose the Toyota Tundra; Edmunds selected the Ford F-150 and F-350. Van Both Edmunds and Kiplinger chose the Honda Odyssey, with Kiplinger estimating its resale value at 40% of its original selling price after five years. Kelley’s choice was the Toyota Sienna. Luxury For cars costing more than $50,000, Kiplinger’s choice was the Audi A7. For sports cars priced more than $45,000, Edmunds selected the Ford Shelby GT500. Kelley chose the Lexus GS 350 for the luxury car with the best overall resale value in 2013. (50346) If you’re considering buying a new car with a great resale value, ensure you get the best deal by visiting Nucor Employee's Credit Union for low-interest financing. Copyright 2013 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved

Check Your Wallet: Ben Has a New Look For only the fourth time in history, the $100 bill has been redesigned, and will be entered into circulation in October 2013. The changes definitely are in your best interest. (55146) But, rest assured, Benjamin Franklin’s face will still grace the front of the bill. Q: What's the main reason behind the redesign of the $100 bill? A: To foil counterfeiting, and protect your hard-earned money. The new bills are harder for counterfeiters to reproduce, and easier for you to check. Q: What security features should I check for? A. The new version will feature two new security features aimed at combating counterfeiters, including a blue, 3-D security ribbon on the front of the bill where you’ll see images of bells change to 100s in the ribbon when the note is tilted back and forth and side to side. The blue security ribbon is woven into the note’s fabric, not printed on. The inkwell and Liberty Bell on the front of the bill and the number 100 in the right-hand corner also change from copper to green when the note is tilted. (4620) Q: What other changes were made? A: You'll find two portrait watermarks, one on the front and one on the back. There are embedded security threads on both sides of the bill that you can see if you hold the note up to a light. In addition, if you move your finger up and down Benjamin Franklin’s shoulder, it should feel rough to the touch. Q: What will the color of the $100 bill be? A: The bill will have a pale blue background color. Q: Are there changes that will help those with visual impairments? A: Yes. There's a large, easy-to-read number 100 located on the right side on the back of the bill printed in high-contrast gold ink. And, as previously mentioned, if you move your finger up and down Benjamin Franklin’s shoulder, it should feel rough to the touch. Q: Do we have to exchange the old $100 bills for the new ones? A: No. Old money is always good, so there will be no recall or devaluation. The old notes will be destroyed and replaced as they pass through the Fed system. Copyright 2013 Credit Union National Association Inc. Information subject to change without notice. For use with members of a single credit union. All other rights reserved.

See Any Hidden Numbers?

One Could Be Yours

How can you be a winner? Hidden throughout each newsletter are different account numbers. If one of them is yours, you can claim $20.00! It does pay to read your newsletter. Remember, you must claim your prize in person at the credit union or write us within ten business days of the mailing.

DIRECTORY StAff pAUl CHAppEll, Manager DEBBIE MCGEE, Assistant Manager BIll DAlRYMplE, senior loan Officer WAYNE DOUGlAs, loan Officer RACHEl pIERCE, Head Teller kATRINA QUIllEN, Collector HOllY kIRkpATRICk, Teller lAURIE HIGNITE, Teller lINDA ROsIN, Teller MARIlYN MIllER, Teller BEVERlY MARTIN, Teller DONNA HAYDEN, Teller lEslIE TAYlOR, Teller GAIl TERRY, Teller sUsAN CRIDER, Teller BARBARA sHIRlEY, Teller BoArd of direCtorS pHIl AlExANDER, president TERRY WHITE, Vice president sTARlET BRITT, secretary lEO CHApMAN, Treasurer MIkE MONTROsE ANNETTE WARD ROGER lANE SuperviSorY CoMMittee VICkI ClARkE MARY MATTHEWs TERRY DIGGs

Credit CoMMittee ClEO lEE sCOTT JORDAN JOE OlIVER JONI WAlkER lARRY spIVEY JAMEs FlYNN BIllY GRANT HElEN MIxON

p.o. Box 6469 • florence, SC 29502 fLoreNCe • 843/665-4668 dArLiNGtoN • 843/393-8662 HuGer • 843/336-6590 CofieLd • 252/356-1816 SWANSeA • 803/568-2100 CHeMuNG • 607/529-9002 AuBurN • 315/258-4334 deCAtur • 256/560-2031 tuSCALooSA • 205/562-1520 Audio response System Local to florence, SC 665-7303 outside the florence area 1-888-665-7303 internet Access www.nucorcu.org

2nd Quarter 2013 rates stated in Annual Percentage Yield

SHAreS $5.00 - $999.99 $1,000.00 and up IRA’s Checking

0.10% ApY 0.30% ApY 0.30% ApY 0.05% ApY

CertifiCAteS 1-year 6-month

0.75% ApY 0.50% ApY

LoANS New Vehicle Used Vehicle VIsA CREDIT: premium Classic Certificate loan signature loan

2.90% - 3.90% ApR 3.90% - 4.90% ApR 5.25% ApR variable 9.25% ApR variable 2.00% above CD rate 18.00% ApR

APR - Annual Percentage Rate For more information on terms, please contact the credit union Rates subject to change without notice