Mid-Atlantic FCU - Summer 2010

Newsletter Home

Introducing the edge^SM

Important Changes to Overdraft Privilege Pay

What Is Membership
Worth to You?

Save Time and Money with Mid-Atlantic Federal
Credit Union

Home Sweet
Improved Home

Drive Off with Your
Dream Car!

7 Questions to Ask Before Refinancing

5 Ways to Build a Healthy Credit History

MAFCU VISA^® Platinum Credit Card

CommunityCorner

Holiday Closings

Monday, July 5
Independence Day Observance

Branch Locations

555 Quince Orchard Rd., Gaithersburg
12820 Wisteria Dr., Germantown
4831 Cordell Ave., Bethesda
11140 New Hampshire Ave., Silver Spring

Retirement Remodeling
Home Sweet Improved Home

Project	Cost Recouped
Entry door replacement (steel)	128.9%
Attic bedroom	83.1%
Deck addition (wood)	80.6%
Minor kitchen remodel	78.3%
Basement remodel	75.4%

During your working years, you no doubt had some days when you wished you could "just stay home today" as you left for your workplace. Now that you are able to stay home, do the walls feel like they are closing in on you? Are you eager to replace outdated appliances? Do you want an inviting space to entertain friends and family? Making home improvements may help you enjoy your home more during your golden years, and they can make it more attractive to buyers when it's time to sell.

make your needs and wants lists
Think about the improvements that your home needs as well as the ones you want. For example, new furniture may be at the top of your wants list, but it may be necessary to replace an old roof first. Also think about improvements that can help you stay in your home longer. Look into the costs of updates to determine a home remodeling budget.

consider cost recouped
If you want to get the most from your remodeling dollars when it's time to sell, the following projects, as reported in Remodeling magazine's 2009-10 Cost vs. Value Report, may reward you with a higher selling price.*

put your home's equity to work
You deserve a home that will meet your needs and make you smile. A home equity loan or line of credit** from Mid-Atlantic FCU can help you finance home improvements at a comfortable rate. If you don't have enough equity in your home, consider a Home Improvement Loan.** This loan program does not require any home equity, offers low fixed rates and you can borrow up to $60,000! Learn more by contacting a Member Service Representative or by going to mafcu.org today!

*	Cost recouped percentage based on national averages.
**	Loans subject to credit approval. Home Improvement Loan requires a contract with a licensed/bonded/insured contractor.

	MoneyMatters is a publication of Mid-Atlantic Federal Credit Union. We hope you find the articles and information helpful in navigating the money matters in your life. Please contact us with feedback or suggestions for future topics. Send mail to Mid-Atlantic FCU Attn: Marketing 12820 Wisteria Dr., Germantown, MD 20874 or e-mail marketing@mafcu.org.	This publication does not constitute legal, accounting or other professional advice. Although it is intended to be accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this material. Images may be from one or more of these sources: ©Thinkstock, ©iStock, ©SnapVillage. © 2010 Priority Publications, Inc.
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