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What's New – January 2009

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With Online Banking you can connect with your money 24/7.

Save money on your dental treatment with Dental Benefits Plus

Build Your Savings with an Automatic Savings Plan.

Pay for Your Medical Expenses Tax-free in 2009!

Make a resolution to teach your children how to be money smart!

Recover from the holidays with Skip-A-Pay!

Credit problems in the past? Is your credit ready for a new loan?

Freedom Is... Having Confidence That My Money Is Secure.

From our CEO, Charles Emmer: "Is your money secure at Ent? In a word, yes."

Life happens! That's why Ent gives you the online tools you need to manage your money 24/7. With convenient access to your account at the click of a mouse, it's easy to connect to your account at home or on the go. Plus you can enjoy all the features that are standard with Ent's FREE Online Banking:

FREE Bill Pay
FREE eStatements and Email Alerts
Ability to make loan payments
Open a Share Account � Certificates, Savings, Money Market Savings, and Additional Checking Accounts
Order Checks
Update your personal information, call center password, or PIN
And More!

It's easy to get started. Your telephone banking PIN (Personal Identification Number) is also your online banking PIN. If you don't have a PIN , call (719) 574-1100 or 800-525-9623, or stop by any Ent Service Center today.

We don't just protect your bank account; we help protect your teeth too.

Ent has partnered with Dental Benefits Plus to provide you and your family with substantial savings on dental treatment. The plan provides discounts at thousands of dentists nationwide and savings of 20 to 60% on everything from routine exams, cleanings, and x-rays to surgery. There are no deductibles, no claim forms, no contracts and no waiting periods. And, best of all there's no-risk, with an unconditional 30-day money-back guarantee. Plus, you'll also enjoy 10 to 60% savings on vision care, prescription drugs, chiropractic, and more.

For additional information and to enroll, visit Ent.com/DentalBenefits or ask us about Dental Benefits Plus today!

Keep your New Year's Resolution to Build Your Savings with an Automatic Savings Plan.

If your resolution is to save more this year, take advantage of Ent's free Automatic Savings Plan, which makes saving for the future simple, convenient and automatic.

Schedule regular transfers of funds to your savings account, building a strong financial foundation for:

Reducing debt
Meeting future needs
Retirement
Emergencies that might require extra funds

Ent gives you a wide variety of options for setting up your savings plan such as "scheduling a transfer" in Online Banking, contacting our call center, or visiting one of our convenient service center locations. You control when the transfer happens and what account receives the funds. It not only makes it easy to save, but removes the temptation not to. It's a smart thing you can do today to ensure a more stable financial future tomorrow.

Visit your nearest Ent Service Center, or call (719) 574-1100 or 800-525-9623, or log-in to Online Banking to set up your Automatic Savings Plan and start saving today!

Pay for Your Medical Expenses Tax-free in 2009!

An Ent Health Savings Account (HSA) is a tax-advantaged savings account that you can put money into to save for future medical expenses. With an HSA you also have the ability to pay for qualified medical expenses tax-free*!

Ent's Health Savings Account** Offers:

No minimum balance to open & no monthly minimum balance fees.
A Free Visa^� Check Card � for easy access to funds.
Unlimited check writing.
Attractive tiered dividend rates.
Tax-free withdrawals for qualified medical expenses.

You must have coverage under an HSA-qualified High Deductible Health Plan (HDHP) to open and contribute to an Ent HSA. Generally, this is health insurance that does not cover first dollar medical expenses. Federal law requires that the health insurance deductible be at least:

$1,150*** -- Self-only coverage
$2,300*** -- Family coverage

To confirm your eligibility, check with your employer, health insurance provider, or the U.S. Treasury's website on Health Savings Accounts located at http://www.treas.gov/offices/public-affairs/hsa/

If you are eligible, call (719) 547-1100 or 800-525-9623, or stop by any service center to open your Ent HSA today!

*Withdrawals from HSAs are tax-free if the funds are used exclusively for paying or reimbursing qualified medical expenses. Qualified expenses are those incurred after the HSA is opened and include: doctor visits, prescription drugs and more!
**Account qualifications apply to HSA Accounts.
***2009 Amounts; adjusted annually for inflation.

Make a resolution to teach your children how to be money smart!

If one of your New Year's resolutions is to be smarter about money, why not include teaching your children good money management habits as well. January is the perfect time to open a savings account at Ent � especially if the little ones in your house received holiday gift money. It's easy to open an account for your children and doing so helps teach the value of saving at least part of the money they receive � we call it "Pay Yourself First."

Our Money Space^� program features special accounts for kids and teens � Star Savers^� for ages 5-12 and Galaxy^SM for ages 13-17. Both include incentives for saving as well as fun activities and seminars... and the opportunity to open a special Money Space Certificate � just for kids, just for longer-term savings goals. Teens can also have a Galaxy Checking Account (eligibility requirements apply) with space-themed checks and a Galaxy Visa Check Card.

Now's the time to teach your children money lessons that will last for life. Open an Ent Star Savers or Galaxy account, and start them on the road to financial independence.

Recover from the holidays with Skip-A-Pay!

During November, December or January, skip a payment* on qualifying consumer loans for a one-time fee of just $10.

Make your Skip-A-Pay arrangements through Online Banking at Ent.com, by calling us at (719) 574-1100 or 800-525-9623, or by stopping by any Ent Service Center today.

*Skip-A-Pay terms and conditions: Ent is pleased to offer a consumer loan Skip-A-Pay option for your November 2008, December 2008 or January 2009 payment, available on your Auto, Recreational Vehicle (Motorcycle/RV/Boat), Personal or Share (Savings) Secured Loans. (This option is not available on Mortgage Loans, Home Equity Loans, Lines of Credit, Single Pay Notes, or Business Loans or Lines of Credit.) You understand and agree that: (1) All Ent accounts must be in good standing and other qualifications apply; (2) the Skip-A-Pay feature is optional; (3) the Skip-A-Pay feature allows for a one-month maximum deferment; (4) FINANCE CHARGES will continue to accrue at the rate provided for in your original loan agreement, during and after the payment deferral; (5) deferring your next payment will result in you having to pay higher FINANCE CHARGES than if you made your payments as originally scheduled; (6) this payment deferral will extend the term of your loan(s); (7) you will be required to resume your regular monthly payments in the following month; (8) you agree to pay the $10.00 Skip-A-Pay fee, per loan skipped.

See if you can save money with a free commercial insurance quote

Let Ent Insurance Group (EIG) give you a free quote, and see if you can save money this year on your commercial insurance. Our independent brokers will search the leading national carriers and compare rates to find the insurance options that meet your business needs at affordable rates.

For your Commercial Life and Health Insurance needs, contact Michael Stewart at (719) 550-6585 for free quotes on:

Group health insurance
Business life insurance
401(k) plan design and administration
Insured buy and sell agreements

Interested in reviewing your Commercial Property and Casualty Insurance? Contact Darin Brandt at (719) 550-6572 for free quotes on:

Liability and property insurance
Commercial vehicle insurance
Workers compensation insurance
Business owners and contractors packages

Insurance products are offered through Enterprise First Financial Services (EFFS). Property and casualty insurance offered through CUDCI. EFFS is a Colorado licensed insurance agency and a wholly owned subsidiary of Ent Federal Credit Union. Products are not NCUA/NCUSIF insured and are not guaranteed or obligations of Ent Federal Credit Union.

Are you having trouble making your Ent mortgage or vehicle loan payments?

We understand that in today's economic environment more members than ever before are facing loan payment issues. Whether you're thinking you may start falling behind, or you're already behind, contact an Ent Member Solutions Specialist today via email or by phone at 800-525-9623 x. 5610 for assistance with: protecting your credit, making payment arrangements, and potentially avoiding foreclosure and/or repossession.

Credit problems in the past? Is your credit ready for a new loan?

At Ent, we understand that bad things can happen to good people, and their credit. If you've had credit problems in the past, we've created an online quiz to help you assess if your credit is ready for a new loan. Take our online credit readiness quiz today...

FREEDOM IS having confidence that my money is secure.

As a member, your peace of mind is important to us.

A difficult economy can mean anxiety and sleepless nights. That's why for over half a century our core business practices have been based on sound financial principles with our members' best interest always in mind. And because our financial strength is top-rated and deposits are insured by the NCUA,* you can feel confident that we will be here for you today and through any future economic turmoil. For detailed information on our financial position, our annual report and monthly financials are available online or at any of our service centers.

* Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

(Updated 12/10/08) - From our CEO, Charles Emmer:
"Is your money secure at Ent? In a word, yes."

To all Ent Members:

News reports of the past months � culminating in the recent Federal effort to restore the foundation of our financial system � have caused anxiety about the safety of personal savings and investments, and the soundness of financial institutions. While others may be on shaky ground, credit unions � and Ent Federal Credit Union, in particular � have been a steady, calm, safe foundation for consumers and businesses alike.

Is your money secure at Ent? In a word, yes.

Ent's financial condition remains strong. Through November, net income is ahead of plan, member deposits have exceeded expectations, and capital reserves provide protection against any potential future financial difficulties. And we continue to receive high regulator ratings, reflecting safe and sound management of your credit union. Our monthly financial results are available in each service center and on our website, (http://www.ent.com/about/StatementOfFinancialCondition.pdf)

Our core business is unchanged in our 52 year history. We accept deposits from members like you and loan the funds to other members for cars, homes, and other purposes. The difference between what we pay members for their deposits (dividends or "interest") and what we receive in loan payments (interest) � plus revenue from other income sources � provides the income we need to meet operating costs and invest in additional services to benefit members.

You may want to know more about what makes us different from the organizations you see in the headlines, to help gain the peace of mind you want and deserve. You should know that Ent's largest holdings are in loans to members like you; more than $1.8 billion of our $2.5 billion in assets is in loans to members. The quality of a loan portfolio like Ent's is largely measured by its overall delinquency. Only 0.52% of our loans are delinquent (November 2008); 99.48% of all loans are paid up to date. In comparison, the national average delinquency rate for the fifty largest US credit unions at mid-year was more than .80%. Thanks to all of our members for honoring their borrowing agreements with us.

Our loan-to-deposit ratio � just under 84% at the end of November � means we have additional funds available to make loans or invest appropriately, without borrowing. Several of the major financial institutions whose names have made headlines were greatly overextended in borrowing money against actual funds on hand � and have paid a dear price for that practice.

Our federal insurance is provided by the National Credit Union Administration (NCUA), is equal in every respect to the federal deposit insurance (FDIC) provided to banks, and is backed by the full faith and credit of the U.S. Government. With the passage of the Emergency Economic Stabilization Act of 2008 on Friday, October 3, your savings are insured up to $250,000 on accounts with Ent until December 31, 2009. Larger coverage amounts are possible depending on how the account relationship is structured. For more information about insurance for your own deposits, contact an Ent member service representative, visit us online at Ent.com or visit the NCUA's website at NCUA.gov

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We cannot be sure when the current financial turmoil will end. Yet, because our business model is focused on safety and soundness, we can continue providing you high quality, safe and secure financial solutions. If you have questions or need individual help, stop in any Ent Service Center or contact our Member Service Call Center at (719) 574-1100 or 800-525-9623.

Sincerely,

Charles Emmer signature

Charles F. Emmer
President and CEO
Ent Federal Credit Union

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