BECU Locations Closed July 5

The Independence Day holiday falls on Sunday, July 4 therefore, all BECU locations will be closed Monday, July 5. BECU will reopen Tuesday, July 6.

Do You Need to Borrow More Than $417,000.00 on a Home Loan

You might want to consider a Jumbo Loan. Jumbo Loans are best for individuals who want to finance larger or more expensive properties and can handle larger monthly payments. A jumbo loan is a purchase or refinance that exceeds $417,000 for a single-family home. It is also called a non-conforming loan because it does not conform to the loan limits set by Fannie Mae. BECU jumbo financing options include fixed rate and adjustable-rate mortgages, with a range of terms to accommodate immediate and long-range financial plans.

Jumbo Loan Benefits

• Ability to borrow large sums with low monthly payment and competitive interest rates
• If you have excellent credit, you may be eligible for a second mortgage for purchase of a new home prior to the sale of your existing home—ask us for details
• Can use to refinance your current home up to 90% loan-to-value (LTV) subject to PMI approval
• Able to buy for the future and grow in your home
• If you have a high salary, but do not have a traditional down payment amount, jumbo loans allow borrowers to put down less and still walk away with reasonable monthly payments

Jumbo Mortgages (both purchase and refinance) offer:

• Larger loan amounts to purchase more expensive homes
• Loan amounts as high as $2.5 million

Jumbo Mortgages facilitate high-end purchases of:

• Primary residences
• Second or vacation homes

Questions?
For current rate information and more details on BECU Jumbo Loans, visit BECU Home Loans or call us at 800-233-2328.

Loans are subject to credit approval and other underwriting criteria. Loan programs are subject to change without notification.

Earn Points When You Use Your Visa with BECU Rewards Programs

At BECU, our personal and business credit cards provide members with great value month after month. You'll never see us promoting teaser rates to lure you in, or discover any hidden fees. With a BECU Visa® credit card, you'll enjoy the benefits of a low rate and no annual fees.

Earn points every time you buy
Add the BECU Rewards* option to your BECU personal or business Visa and begin earning points toward airline tickets, merchandise, dining, entertainment, gift certificates, and more. Once you're enrolled, each dollar of Net Purchases charged to your BECU Visa will qualify for the program.

Enroll your personal or business credit card in the BECU Rewards Program when you apply for your Visa, or add it to your existing BECU Visa account by calling us at 800-233-2328.

Current Rates
Personal credit card rates as low as 6.90% APR**
Business credit card rate of 10.99% APR**

More Benefits of the BECU Visa

• Generous grace period on purchases
• Cash advances at ATMs around the world
• Worldwide travel accident insurance and auto rental insurance
• Extended warranties on purchases
• Travel and emergency assistance program
• Free eStatements with personal Visa

*$25 Annual Participation Fee for BECU Rewards

**Advertised APRs in effect as of June 1, 2010, and may vary. Rates offered based on creditworthiness. Programs, rates, terms, and conditions are subject to change without notice.

Cover the Cost of College with a Low-Rate Private Student Loan

It's graduation season and many parents are preparing to send their students off to college this fall. Covering the ever-increasing cost of college can be a challenge. Once you have exhausted the resources available through scholarships, grants and federal aid, you may still find that you have a gap to fill in order to cover all the expenses of college—room and board, books, tuition etc. This is when you should consider a BECU Private Student Loan. A private student loan can help cover college expenses when other aid falls short.

Benefits & Features

• Rate as low as 5.49% APR*
• No origination fees
• Maximum loan amount up to $75,000
• Straight repayment or graduated repayment options available
• Up to 25-year repayment term and no pre-payment penalties
• 6-month grace period before repayment begins either upon graduation or separation from school
• Full deferment of principal and interest while in school
• Co-borrower release after 48 consecutive on-time payments
• Easy online application process

Be Well Informed about Private Student Loans
Get more details at Private Student Loans or call Credit Union Student Choice at 866-253-5967.

*Rates effective as of 6/1/2010 and are subject to change without notification. After account opening, APR may vary each quarter (Jan, Apr, Jul, Oct) based on changes in the Prime Rate (as published in the Wall Street Journal), subject to a maximum of 18% APR. Rates offered based on applicant's and co applicant's credit qualifications. Loans are subject to credit approval, applicant qualification and school certification of student's enrollment at an accredited, approved school with confirmation that loan applicant meets certain eligibility criteria. The BECU Private Student Loan Program is subject to change without notification. Not every applicant will qualify for this program. This loan cannot be used for graduate level programs or consolidation (refinance) of prior student loans. To obtain the most current information, please visit BECU Private Student Loans.

Get Discounted Admission to Wild Waves

Wild Waves Theme Park offers over 60 rides, slides, and attraction. Don't miss out on the fun.

Visit Wild Waves All Summer at a Discount
Use this coupon to receive $16 off admission anytime from June 5 through September 12, 2010.

Giving Back
$1 from every Wild Waves ticket purchased will be donated to the BECU Foundation by the PARC Foundation. The BECU Foundation was established in 1995 to encourage and manage contributions for educational scholarships. Our scholarships recognize and award outstanding service by graduating high school seniors and undergraduate students in community service. Scholarships are awarded based on a student's academic achievements, leadership abilities, and demonstrated passion for helping others.

Celebrate with Us: 75 Years of People Helping People

Whether it's a better savings plan for families or financial planning for a small business, we strive to help our members build strong financial futures. Since 1935, we have served our membership with affordable and responsible financial products and services. Today, we are over 600,000 members strong and celebrating 75 years of people helping people.

You are invited to our 75th Anniversary Tour
In celebration of 75 years of service to individuals, businesses and communities around the Puget Sound region, we are touring neighborhoods around the greater Seattle area in June to share the advantages of a not-for-profit, member owned credit union. We will continue our tour to other neighborhoods around the Puget Sound in the coming months…stay tuned for those dates and locations.

The BECU Mobile Financial Center will be onsite and there will be refreshments and plenty of prizes to be won.

June 8
Broadway Avenue Street Event
11:00am – 3:00pm

June 9
Westlake Center Park
11:00am – 3:00pm

June 10
Northgate Mall—North Side
2:00pm – 7:00pm

June 11
Kitsap Mall—North Side
2:00pm – 7:00pm

Free Social Security Seminar

With Kirk Larson, Social Security Administration Public Affairs Specialist

Retirement income is a vital part of planning for your future. We encourage you to spend 90-minutes to learn about the ins and outs of social security and obtain answers to common questions, such as:

• How do you determine the best age to start receiving retirement benefits
• Can you work while receiving social security benefits
• Is social security taxable? And many more questions

Save the Date
Thursday, August 19, 2010
5:30pm - 7:00pm
BECU Tukwila Financial Center

We Are Your Retirement Planning Resource
Along with this seminar, Financial Advisors at BECU Investment Services is a valuable resource in retirement planning. The advisors work with you to help strategize your planning needs and determine what your cash flow and expenses might look like. Many Americans will need other income sources to maintain their desired lifestyle and keep up with inflation. If you are relying on social security to be the main income source of your retirement, you may also want to explore other options including pensions, IRAs, 401k, and other investments to compliment social security.

The Social Security Board of Trustees project that program costs will exceed tax revenues in 2016, one year sooner than projected in 2008.** The combined assets of the Old-Age and Survivors and Disability Insurance (OASDI) Trust funds will be exhausted in 2037, four years sooner than projected in 2008.

Schedule a Complimentary Consultation
The Financial Advisors can help you develop your own personal roadmap to retirement. Financial consultations are always complimentary by appointment. We can help create a retirement and investment plan designed for your individual needs. For your appointment you should bring: a copy of your social security statement, pension numbers (if you have one), investment statements such as IRAs, VIP, 401k, 403B, and monthly or yearly expenses.

Call us today to register for the free, no obligation Social Security seminar and/or complimentary advisor consultation. Space is limited. 206-439-5720 or 800-233-2328 ext 5720 or visit BECU Investment Services.

* Financial Advisors are registered with, and Securities, Advisory Services and Insurance Products are offered through, LPL Financial and its affiliates, Member FINRA/SIPC. BECU and BECU Investment Services is not a registered broker/dealer and has a brokerage affiliate arrangement with LPL Financial. Investments are Not NCUA/NCUSIF Insured ∙ Not Credit Union Guaranteed ∙ Not Obligations of BECU. Branch located at BECU, 12770 Gateway Dr., Tukwila, WA 98168.

**Source: excerpt from Social Security press release dated Tuesday, May 12, 2009. Note: Copies of most SSA press releases, as well as other Social Security information and statistics, are available at SSA’s Internet site.

Seniors —Let Your Home Pay You with a Reverse Mortgage

BECU offers senior homeowners the option of a reverse mortgage through Golden Gateway Financial.

What's a reverse mortgage?
It's simply a loan in reverse – where you are paid. Senior homeowners, age 62+, can access a portion of their home's available equity, without having to make monthly loan payments.

How can you use this extra source of income?

• Supplement social security
• Pay medical expenses
• Make home improvements
• Anything you want

The goal is to give you what you need to make the right choice.
Golden Gateway works with seven of the largest reverse mortgage lenders in the industry to offer you the easiest way to compare, choose and get the right reverse mortgage for your specific needs.

More Details
If you'd like to learn more, contact a Golden Gateway Consultant at 1-888-8CU-REVERSE or visit www.GoldenGateway.com/BECU/Apply.

Golden Gateway Financial provides a unique set of online tools and clear and unbiased communication to help seniors find the answers and resources relating to reverse mortgages. Golden Gateway Financial is an independent Reverse Mortgage Services provider and is not affiliated with BECU.

Get Discounted Tickets to the U.S. Senior Open

The U.S. Senior Open takes place the week of July 26 – August 1, 2010 at the Sahalee Country Club. Get your tickets to see golf's greatest legends like Seattle Native Fred Couples, Greg Norman, and Tom Watson as they battle for the title of 2010 U.S. Senior Open Champion. The U.S. Senior Open will be broadcast to more than 50 countries including live television coverage on ESPN and NBC Sports. Over 125,000 spectators are expected to attend the U.S. Senior Open throughout the week.

Discounted Ticket Prices:

• Season Pass: $100 (normally $150) - one ticket for each day of the Championship—Includes Championship Program
• Trophy Club: $200 (normally $250) - season pass benefits plus access to the climate controlled Trophy Club tent with TV's, phones and computer scoring terminals; upgraded food and beverage for purchase; includes complimentary parking
• Ticket Two Pack: $75 (normally $90) - two tickets good for any day of the Championship—can be used together or separately

PLUS kids 17 and under are admitted free with a ticketed adult (up to 9 kids per adult).

How to Buy:

1. Click Here
2. Enter "BECU"
3. Follow the instructions to purchase tickets.

See you there!

June Neighborhood Events—See You There

There are a lot of activities taking place in neighborhoods around the Puget Sound. BECU will be present at several activities during the month of June. Take a look at where we will be and stop by if you are in the neighborhood:

Simplify Your Car Search with AutoSMART

AutoSMART is a dealer network available exclusively to credit union members and managed by Credit Union Direct Lending (CUDL). With AutoSMART, you can research a car in advance, then apply to get BECU financing on the spot.

3 Ways to Use AutoSmart

1. Get great car-buying information online.
   As a credit union member, you get access to resources bank customers don't. AutoSMART tools will help you compare vehicles and research the best payment or financing options for your individual situation. You can conduct free vehicle record checks, find trade-in values, and connect with articles, tools, and tips that make car buying easier.
2. Work with dealers who are credit union friendly.
   AutoSMART is an excellent resource for BECU members, whether they are looking for a new or used car. Using AutoSMART can help members find a car they like and help them get a good deal by connecting with the credit union friendly dealers.
3. Get special services and discounts.
   With AutoSMART, you can get a vehicle history check and vehicle comparisons that help in your car search. Additionally, you can check your credit and trade-in values online. And AutoSMART connects you with information about dealer and manufacturer rebate or incentive information available for your area.

Questions?
Once you have taken advantage of the wide variety of tools and resources provided by AutoSMART, make an appointment to meet with your local AutoSMART Dealer Representative. For more details, visit AutoSMART.

AutoSMART services are provided by Credit Union Direct Lending.

Start College with a Smart Checking & Savings Account

The best checking accounts for college students are those with no fees, no minimum balance, online and mobile banking, and good interest rates. If you're leaving for college soon and you don't have a checking account, you should start thinking about it now. You'll definitely need a place to stash the cash that you'll have during your college career. Be aware, not all checking accounts are free, and some of them have hidden fees; those are the ones you want to stay away from.

Get Interest-Earning Checking & Savings at BECU
BECU offers a Member Advantage® Checking and Savings account that is ideal for college students because it's interest-earning even on low balances. With Member Advantage, you earn 6.17 % APY on the first $500* in both your checking and savings and the standard posted rate on balances over $500, which is consistently much higher than most banks. In addition to a great rate, Member Advantage also works in conjunction with BECU free remote services which allows you convenient access to your money when you want. Plus there's no minimum balance requirement and no monthly fees.

Questions?
To get more information on Member Advantage or to open an account, visit Member Advantage or stop by any BECU location to speak with a representative.

*APY = Annual Percentage Yield; rates subject to change, fees may reduce earnings. To open a Member Advantage Checking account you must establish membership by opening a Member Advantage Savings Account with a required $5 minimum deposit.

Want to be a BECU Mystery Shopper?

We are currently recruiting Credit Union Members to become Mystery Shoppers to assist the credit union in measuring our staff’s performance and enhance the success of our training and marketing programs. We have hired a third party vendor, Harland Clarke’s Mystery Shopping Services, to assist us with this program.

If you would like to become a Mystery Shopping Independent Contractor with Harland Clarke’s Mystery Shopping Services, we ask that you contact the Mystery Shopping team at Harland Clarke directly at 1-800-291-6117 and press 2 for the Mystery Shopping team. Please inform the Mystery Shopping team that you are interested in the BECU Mystery Shopping program. Your identity and confidentiality will be maintained.

Come Join Us for BECU Trust Company's Open House

Date: Wednesday, June 16
Time: 11am – 3pm
Where: BECU Trust Company Office on the 2nd Floor of BECU Tukwila Financial Center
Refreshments will be served.

After seven successful years of service, BECU Trust Company* continues to grow while providing a full spectrum of professional fiduciary services. With the addition of Georgia Z. Beit as our President and Christian Anderson as our Senior Vice President/Chief Investment Officer, we look forward to continued growth, success and service to the greater Puget Sound community.

BECU Trust Company offers clients a full suite of financial and fiduciary services including trust, estate, agency, investment management and concierge services. BECU Trust Company provides solutions for many personalized situations. We will work directly with your attorney, accountant and other professional service providers.

Our services are designed to simplify things for you. No matter what the relationship may be, BECU Trust Company takes an active approach to asset management. Our goal is to protect and conserve the wealth you have worked so hard to accumulate.

Meet the Staff
We welcome you to visit our offices any time between 11am and 3pm on June 16 to meet the staff and get acquainted with BECU Trust Company. For directions or information, contact us at 206-812-5176 or 800-233-2328 ext. 5176 or email us at becutrust@becu.org.

*BECU Trust Company is a wholly owned subsidiary of BECU. Investments are not NCUA Insured • May lose value • Not guaranteed

Have Your Photo Featured in the 2011 BECU Calendar

Would you like to have your landscape photo featured in the 2011 BECU calendar? Well, now you can. Go to BECU Photo Submit and send us your favorite landscape photo. We will choose 12 photos to feature in the 2011 BECU calendar. The photo submission deadline is Wednesday, June 30.

What kind of photos can you submit?
We are only accepting landscape photos that do not contain images of people. So send us your favorite vacation photo, nature photo, any landscape photo you want—just make sure there aren’t any people in the photo.

• Send a digital photo that will output 8.5 x11 inches at a minimum resolution of 300 pixels per inch
• Only submit photos that you have taken and for which you own the copyright
• We accept color or black-and-white photos

Photos must be wholly owned by the submitter and may not contain copyrighted material. By submitting your photo you grant to Boeing Employees’ Credit Union (BECU) (1) a nonexclusive, worldwide, irrevocable, royalty-free license to reproduce, distribute, and publicly display the photographs submitted, and (ii) the right to use your name, city, and state.

Congratulations to BECU Foundation Scholarship Recipients

The following BECU student-members were each awarded a $2,500 BECU Foundation Scholarship for the 2010-2011 school year. These recipients were selected by a volunteer selection committee of local business, educational and non-profit leaders. Recipients are selected based on a combination of strong dedication to community service, leadership and academics.

Thank you to all applicants for the amazing work you are doing to help others here in our local communities as well as worldwide.

High School Recipients
Christoffer Amdahl
Nick Anderson
Sarah Beach
Daniel Borota
Mattie Butaud
Michael Cloesar
Michael Cross
Tanner DeVoe
Katherine Doesburg
Rebecca Frank
Devon Geary
Hayley Grandine
Zachary Hanson
Jakob Hibbard
Johnathon Irwin
Elisabet Johnson
Christina Kim
Charles Newman
Han Nguyen
Lucas Perry
Eliana Rudee
Joshua Savage
Brenda Seymour
David Shannon
Brady Shepherd
Ariana Sheridan
Colin Wick

College Recipients
Amber Anderson
Mike Benjamin
Shelly Caldejon
Emily Davidson
Laura DeFreese
Theresa Edwards
Kay Havlick
Breana Jack
Wesley Keister
Nghi Le
Sarah McDowell
Claudine Schneider
Anna Wilke