Page 4 - WVFCU: Community Connection: Winter 2021

Will you owe more on your vehicle
loan than your vehicle is worth?
A wrecked vehicle can wreck your fnances if you owe more on your loan than your insurance will pay.
Guaranteed Asset Protection is like an airbag for your vehicle loan.
GAP GAP
Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will
pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against
sudden out of pocket expenses. Get GAP today so you can worry a little less about tomorrow.

Fair market insurance value isn’t always fair. There may be a GAP.
GAP The second you drive

your new vehicle off
Will you owe more on your vehicle
the lot it drops in value.
More than 20% after
loan than your vehicle is worth?
1
one year. This creates
Will you owe more on your vehicle a gap in coverage.
loan than your vehicle is worth?

A wrecked vehicle can wreck your fnances if you owe more on your loan than your insurance will pay.
Talk t
A wrecked vehicle can wreck your fnances if you owe more on your loan than your insurance will pay. o your representative to purchase GAP today.
Guaranteed Asset Protection is like an airbag for your vehicle loan.
Guaranteed Asset Protection is like an airbag for your vehicle loan.
Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will
Our Guaranteed Asset Protection (GAP) program may reduce or eliminate the gap between what your vehicle insurance will
pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against
pay and what you owe on your loan, if your vehicle is deemed a total loss. It can help cushion you and your family against
sudden out of pocket expenses. Get GAP today so you can worry a little less about tomorrow.
sudden out of pocket expenses. Get GAP today so you can worry a little less about tomorrow.
IMPORTANT MEMBER NOTICE
Fair market insurance value isn’t always fair. There may be a GAP.
Important Change in Terms
The second you drive
your new vehicle off
All Checking Accounts other than our Gold Checking will be non-interest bearing, Effective March 1, 2021.
Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov. 9, 2018.
Fair market insurance value isn’t always fair. There may be a GAP.
1
the lot it drops in value.
More than 20% after
TM
Your purchase of MEMBER’S CHOICE Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit
IMPOR T ANT NOTICE 2021 BOARD OF DIRECTORS ELECTION
IMPORTANT NOTICE 2021 BOARD OF DIRECTORS ELECTION
1 agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for
one year. This creates
GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of
a gap in coverage. The second you drive
GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
The West Virginia Federal Credit Union 2021 Annual Meeting Election for the Board of Directors will not necessitate an election by electronic ballot.
your new vehicle off
GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-
There are Two Board of Director positions to be filled. The 2 three year term positions will be filled by Michael Black and Jim Hansen. A business
refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee.
the lot it drops in value.
GAP purchased from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee.
meeting will be conducted on May 17, 2021 at 6:00 p.m. at the South Charleston Branch (Lobby)
GAP purchased from state chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel
More than 20% after
at any time during the loan and receive a refund of the unearned fee.
1
GAP-2453265.1-0319-0421 ©2019 CUNA Mutual Group, All Rights Reserved.
Talk to your representative to purchase GAP today. one year. This creates
a gap in coverage.
Get Your Maximum Refund and Special Savings on TurboTax
Getting your biggest possible tax refund has never been easier. From simple to complex taxes, TurboTax® has you covered.
1 Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov. 9, 2018.
Talk to your representative to purchase GAP today.
Taxes made easy. Just answer questions about your year, anytime and from any device, and TurboTax fills in all the right forms for
•
TM
Your purchase of MEMBER’S CHOICE Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit
agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for
you.
GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of
GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-
•
Real experts standing by. With TurboTax Live, get unlimited advice from tax experts as you do your taxes -- or have everything done
refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee.
for you, start to finish.
GAP purchased from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee.
GAP purchased from state chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel
at any time during the loan and receive a refund of the unearned fee.
Done right, guaranteed. TurboTax guarantees 100% accurate calculations, so you can be confident your taxes are done right.
•
GAP-2453265.1-0319-0421 ©2019 CUNA Mutual Group, All Rights Reserved.
West Virginia Federal Credit Union works with TurboTax to provide special savings for our valued members -- get up to $15 off TurboTax
federal products. Start today!
Visit http://turbotax.intuit.com/lp/yoy/guarantees.jsp for TurboTax product guarantees and other important information. Limited time offer for TurboTax 2020. Discount
applies to TurboTax federal products only. 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.
1 Car Depreciation: How Much Value Will a New Car Lose? CARFAX, Nov. 9, 2018.
PAGE 4 TM VOL. 6 | WINTER 2021 | ISSUE 1
Your purchase of MEMBER’S CHOICE Guaranteed Asset Protection (GAP) is optional and will not affect your application for credit or the terms of any credit
agreement you have with us. Certain eligibility requirements, conditions, and exclusions may apply. You will receive the contract before you are required to pay for
GAP. You should carefully read the contract for a full explanation of the terms. If you choose GAP, adding the GAP fee to your loan amount will increase the cost of
GAP. You may cancel GAP at any time. If you cancel GAP within 90 days you will receive a full refund of any fee paid.
GAP purchased from state chartered credit unions in FL, GA, IA, RI, UT, VT, and WI, may be with or without a refund provision. Prices of the refundable and non-
refundable products are likely to differ. If you choose a refundable product, you may cancel at any time during the loan and receive a refund of the unearned fee.
GAP purchased from state chartered credit unions in CO, MO, or SC may be canceled at any time during the loan and receive a refund of the unearned fee.
GAP purchased from state chartered credit unions in IN may be with or without a refund provision. If the credit union offers a refund provision, you may cancel
at any time during the loan and receive a refund of the unearned fee.
GAP-2453265.1-0319-0421 ©2019 CUNA Mutual Group, All Rights Reserved.