Frontwave Briefing | Third Quarter 2019

Briefing Go Solar and Save. Frontwave Credit Union Member Newsletter | Third Quarter 2019

A Frontwave solar loan can make it possible.

On average So. Cal has 266 days of abundant sunshine every year. So why not turn those rays into electricity? Our low-rate Solar/Energy Efficiency Loans are designed with you in mind. Low Rates | Borrow up to $75,000 | Terms up to 20 years Upgrade your home today and take advantage of the federal and state tax credits before they decrease.** Getting a solar energy system installed in 2019 qualifies the homeowner to receive the maximum credit before it decreases to 26% in 2020. It is expected that there will not be any federal solar tax credit by 2022, so homeowners should take advantage of this opportunity! Looking for more ways to save? Additional Energy Efficient Upgrade Possibilities include: (must be in addition to solar panels) • Air Sealing • Attic Insulation • Duct Sealing • Hot Water Heater and Piping Insulation • Thermostat Shower Valve • Energy-efficient Lighting Fixtures • Solar Hot Water Heating • Solar Photovoltaic System • Solar Panel Systems • Solar Outdoor Lighting • Combustion Safety Testing • High-efficiency Furnace • Energy-efficient Cooling • Energy-efficient Windows • Duct Replacement • Wall Insulation Get started today! For more details visit frontwavecu.com/solar or give us a call at 800.736.4500.

**Consult your tax advisor

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Starting in 2020, the tax credit decreases. Why leave money on the table? If you’re thinking about solar – now’s the time to get it done! Imagine if you utilized those savings to add a little extra to your mortgage payment each month. You’ll increase your equity and pay off your mortgage years earlier. Speaking of mortgages, we’ve created a First Time Home Buyer Program and added fixed and variable rate VA Loans as well as no closing cost 5/5 Adjustable Rate Mortgages to our suite of real estate products. I know how frustrating it can be waiting for your loan to get funded. So we focused on generating operational efficiencies and are now closing nearly every mortgage related loan in less than 30 days! At Frontwave Credit Union, you’re going to get great rates, great products and speed! Lastly, we are fanatical about financial education! We believe that we have an obligation to give back to our communities and providing everyone with free, non-solicitous financial education is good for the individual and good for the community! I mean, let’s face it… How much better off would we all be if we simply made sound financial decisions. In addition to the hundreds of classes we do on all of the Marine bases we serve, we also offer classes to the community at large at our headquarters building in Oceanside and at our branch in Wildomar. Check out our website for a complete list of all the available classes – absolutely free – even the pizza! You don’t have to be a Member to attend. So bring a friend! Bring all your friends! How cool is that? Hanging out with your buddies, learning about retirement planning and wolfing down some great pizza? Knowledge is power! Dream Big! We Got You!

Start saving on your insurance today. Frontwave Insurance Services is a one-stop shop for all of your insurance needs. Call today for a free, no obligation insurance quote and let us find you the best insurance for you at the best price. • Auto & Motorcycle Insurance • Home & Renters Insurance • Term Life Insurance • Identity Theft Insurance • And More! must be filed with the Chairman of the Board by close of business on September 30, 2019. All nominations must be accompanied by a certificate or letter from the nominee agreeing to serve if elected. Call for Nominations The Annual Meeting and election of officers for the Board of Directors (Board) and Supervisory Committee (Committee) of Frontwave Credit Union will be held March 25, 2020 at 5:00 p.m. at Frontwave’s Corporate office; 1278 Rocky Point Drive, Oceanside, CA 92056 Volunteer Opportunities: Board of Directors: THREE positions with 3-yr. terms. Supervisory Committee: TWO positions, ONE with 2-yr. term and ONE position with 1-yr term. If you are a member in good standing and are interested in applying for nomination, you are invited to submit an application via our website at Frontwavecu.com or mail an application to the Corporate Office to the attention of the Nominating Committee. Their nominations

Bill Birnie, President/CEO OMG! I was beginning to think that June Gloom would never go away! Summer is finally here! How can you not love summer? The beach, barbeques in the back yard and all sorts of activities you can do on glorious sunny days. That’s another reason I love summer. Sunny days save me money – lots of money. OK, so here’s the deal… I bought my house right at the end of 2009. Everything in the house is electric – even the water heater. The average electric bill for the previous owner was $650 a month! It didn’t take me long to move into action and our new solar energy system was put into service in May 2010. Since that date, in total, I have paid less than $600 for electricity. Through the savings of nearly $650 each and every month, my solar energy system has paid for itself in just 9 years! BTW, did you know we do Solar Loans? We offer great rates, exceptional service and we get it done fast. This is the last year you can receive a 30% tax credit for a new solar energy system. Notes from the CEO

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Home Buying What dream is bigger than owning your own home? Let our very own real estate expert Autumn Roose guide you through the ins and outs of the home buying process. Upcoming Financial Workshops

Helping Your Parents Manage Financial Tasks

Provided by Kathy L. Chesney, ChFC, CLU

Worldwide, the number of people aged 60 and older is growing. By 2050, this demographic will be more than twice as large as it was in 2015.¹ Some of these seniors could face a financial test. Will they be able to look after their investments or financial matters at age 80 or 90 with the same level of scrutiny they exercised earlier in life? Your parents may be facing such a challenge. If you sense that they are not quite up to it, then a conversation about financial issues could be in order. If you need to have this kind of talk with your parents, it is best to proceed gently, while acknowledging some potential risks that may heighten if the status quo persists. Start by talking about your own financial matters or investments. Ask your parents for their thoughts on this-or-that topic – an upcoming car purchase, a type of insurance coverage or investment, or their approach to saving or investing when they were your age. Start this conversation while you do something else together, something relaxed or pleasurable. A one-on-one conversation is best, with an informal tone. A formal discussion involving multiple family members might come across like some kind of financial intervention and may not be appreciated. Alternately, if you have made or updated a will or created a power of attorney, you can talk about your decision to do so and ask your parent if

they have either of these items. That could lead to a conversation about family wealth or eldercare. Helpful and gentle suggestions can follow. If your parents are neglecting to open account statements, you can offer to help monitor their accounts by asking to register with the bank or investment custodian, so that you may receive copies of these documents. If you sense bills are past due, you can suggest setting up automated payments, referencing how useful they have been in your own financial life. There can be resistance to such suggestions, of course. One possible way to counter that resistance is by expressing how much you care about their financial well-being, their wishes, and their quality of life. How would they feel, for example, if a financial error or oversight they made resulted in more income tax or a decline in the value of their accounts? By treating your parent with love and respect and communicating openly, you can let them know that you are ready to provide the help needed during this time of life. Kathy Chesney may be reached at 760.439.6960 or kathy.chesney@cunamutual.com. For more articles visit the financial education section of frontwavecu.com.

• July 30, 2019 @ 5:30 pm Frontwave RDO Branch 1278 Rocky Point Drive Oceanside, CA 92056 • September 18, 2019 @ 6:00 pm Frontwave Wildomar Branch 36290 Hidden Springs Road Wildomar, CA 92595

Wills & Trusts We never want to think about it, but we should all be prepared for the inevitable. Let us help you prepare your family for life’s toughest transition and plan ahead to make those times just a little easier on your family.

• August 27, 2019 @ 5:30 pm Frontwave RDO Branch 1278 Rocky Point Drive Oceanside, CA 92056 • August 29, 2019 @ 6:00 pm

Frontwave Wildomar Branch 36290 Hidden Springs Road Wildomar, CA 92595

Card Fraud Card Fraud is becoming more and more prevalent as we continually seek easier and quicker ways to access our money. Frontwave’s Sr. Fraud Investigator, Patrick Beaty, will teach you how to protect yourself and your money in a digital world .

• September 24, 2019 @ 5:30 pm Frontwave RDO Branch 1278 Rocky Point Drive Oceanside, CA 92056

This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. 1 - fastcompany.com/90341269/its-time-to-pay-attention-to-the-15-trillion-business-of-growing-old [5/9/19]

For more details and to RSVP visit frontwavecu.com/workshops.

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Local Lowdown

More Than 5,600 Locations Coast to Coast CO-OP Credit Union “Shared” branches are convenient and easy to find. When you’re relocating, traveling, or need a branch near work, remember Frontwave Members have access to more than 5,600 branches nationwide. For a nearby location, call 888.748.3266 or log on to their website co-opcreditunions.org .

UPCOMING HOLIDAYS Frontwave will be closed in observance of the following holidays this quarter: Independence Day Tuesday, July 4 Labor Day Monday, September 4 Express Line, Internet Banking, Mobile Banking, and ATM service will be available as usual. Huge thank to you Frontwave Members for another successful Miracle Month of May campaign. With your help we raised over $13,000 for Rady Children’s Hospital. Donations stay local to fund critical treatments and healthcare services, pediatric medical equipment and charitable care. Find out why children’s hospitals need community support and learn about your member hospital at CMNHospitals.org. Frontwave will be closed in observance of the following holidays this quarter: Independence Day July 4, 2019 Labor Day September 2, 2019 Express Line, Online Banking, Mobile Banking, and ATM service will be available as usual. Moonlight Theatre In support of the Moonlight Stage Production’s 39th season, we are excited to raffle off seats to some amazing shows! To join into the fun visit frontwavecu.com/moonlight or Frontwave’s Facebook page. CA Center for the Arts Escondido Frontwave is excited to sponsor Hidden City Sounds Music Series, a brand new concert series celebrating the twenty- fifth anniversary of the CA Center for the Arts, Escondido. Each Friday throughout the summer, Hidden City Sounds will feature 18 different local musical acts celebrating the diverse musical talent San Diego has to offer. It is free to the public and will be held in Lyric Court at the CA Center for the Arts, Escondido. For a full list of headliners and to RSVP to concerts visit artcenter.org. Miracle Month of May

Important Notices

Privacy Notice Terms & Conditions

Frontwave’s Terms and Conditions Disclosure has important updates. To receive a copy of the Privacy Policy or Terms and Conditions: • Visit us online: frontwavecu.com/disclosures • Request by mail: Frontwave Credit Union Attn: Audit & Compliance Dept.

1278 Rocky Point Drive Oceanside, CA 92056 • Or request by phone: 800.736.4500

CONTACT US Express Line 800.829.7676 Member Solution Center 760.631.8700 or 800.736.4500 Mon-Fri: 7am – 6pm, Sat: 9am – 4pm Autoland 800.234.6999 Enterprise Car Sales 800.CAR.SALES GreenPath Financial Wellness 877.337.3399 Frontwave Investment Services Kathy Chesney, 760.439.6960 Frontwave Insurance Services, LLC 844.788.0820 Express Line 800.829.7676 e ber Solution Center 760.631.8700 or 800.736.4500 Mon-Fri: 7a – 6p , Sat: 9a – 4p Autoland 800.234.6999 Enterprise Car Sales 800.CAR.SALES GreenPath Financial ellness 877.337.3399 Frontwave Invest ent Services Kathy Chesney, 760.439.6960 Frontwave Insurance Services, LLC 844.788.0820

STATISTICAL REPORT as of February 28, 2019 Members: 78,933 Assets: $ 776,462,710 Total Shares: $ 656,312,713 Loans Outstanding: $ 512,461,453 A May 31, 2019: : 89,402 : 8 9,979,198 : 7 0,543,6 2 i : $ 559,693,396

Federally Insured by NCUA

Federally Insured by NCUA

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