SOLUTIONS3rd Quarter 2020

HOLIDAY CLOSURESLabor Day, September 7 • Columbus Day, October 12

Unprecedented times call for extraordinary actions. Financial Partners understands that our Members need relief – even if it’s just to catch your breath for the summer.

This is why we exist – to help you save money, make money, & save time.

No need to leave home to take advantage of these special offers! Visit FPCU.org or call 800.950.7328 for details or to apply.

NO PAYMENTS FOR THE FIRST

90 DAYSON AUTO LOANS1

2.99APR*%

FOR THE FIRST 12 MONTHS ON

HOME EQUITY LINES OF CREDIT2

LOWEST

IN YEARS!HOME LOAN RATES

LOWER YOUR PAYMENT WITH SOME OF THE

0APR*%

ON CREDIT CARD PURCHASES & BALANCE TRANSFERS3

FOR 12 MONTHS

CLOSE A

HOME LOAN IN15 DAYS GUARANTEED!4

WORRY-FREECHECKINGWITH FREE PERKS LIKE

DEBIT CARD REWARDSMASTERCARD ID THEFT PROTECTION CELL PHONE INSURANCEAND MORE!5

Need Some Summer Relief? WE CAN HELP.

A Message FROM OUR PRESIDENTGreetings! I hope this note finds you and your family in good health and spirits! As I wrote this message last quarter, we had just entered the quarantine and witnessed a dramatic economic slowdown. This reminded us that Financial Partners was formed in 1937, in the shadow of the great depression. Just as we responded then, we jumped into action now in support of our member-owners during the current crisis. We quickly established an emergency loan program, flexible loan deferment options, and initiated Payroll Protection Program (PPP) loans. To date, we have deferred payments on over $120 million loans, providing relief to 3,100 members during the Stay-at-Home order. Additionally, through the PPP loans, we helped hundreds of local businesses, saving over 800 jobs in the communities we serve.

The investment we made a few years ago in Personal Teller Machines (PTM) proved invaluable. While many financial institutions closed or limited branch hours, our unique Personal Teller strategy helped us ensure a safe and sanitary method for conducting teller transactions for both members and staff, allowing us to maintain normal business hours.

On July 8, we will present our 4th Annual Economic Forum. Once again, noted economist Dr. Chris Thornberg of Beacon Economics, will be the keynote speaker. He will provide an insightful analysis of the economic impact of COVID-19. Dr. Thornberg has made a “case for the V” economy, expecting a visible rebound in the fourth quarter and into next year. We hope you will join us for this free virtual event.

Improve Your Cash FlowAs we look at the economy, it is important to remember present factors working in your favor – reasonably stable home prices, and very low mortgage and loan rates in general, have allowed us to help members by generating over $500 million in loans, lowering member’s monthly payments and ultimately improving their lives. We also recently launched a Student Loan Refinance solution. For more information, please visit FPCU.org.

Wealth ProtectionFor savers, we continue to provide better than market savings rates during this otherwise low-rate environment. Whether members are looking for insured certificates or alternative investment instruments, our team of licensed investment advisors can provide a second opinion and advice you need.

More and better branches to serve you! In February, we opened the Mission Viejo branch on Crown Valley, across from Kaleidoscope; and in June, we opened the Seal Beach branch next to Ralphs on Seal Beach Blvd. In addition, we are relocating the Irvine Branch to Michelson, west of the 405. And soon to follow, a location in Costa Mesa scheduled for later in the year!

Finally, I would be remiss if I didn’t address the social tensions in our country. At Financial Partners, we believe in diversity, equity, and inclusion. The difficult truth is that many in our society continue to face deeply rooted discrimination because of the color of their skin, lifestyles, or backgrounds. This runs counter to everything Financial Partners stands for. We respect and celebrate diversity among our members and staff, and know we can do more. As someone who has personally experienced it, I believe we must keep communicating openly - even when difficult - and must keep listening to understand and ultimately help create collaborative solutions for building a better society. In a way, applying the basic credit union tenant of “people helping people!”

It remains our honor to serve your financial needs. Stay well!

Sincerely,

Nader Moghaddam President & CEO

P.S. The 4th Annual Economic Forum will be a virtual event and held on July 8th, from 11am-1pm. Don’t forget to reserve your spot at FPCU.org/EconForum.

Apply today at FPCU.org/AutoLoansor call 844.TRY.FPCU.

IN NEED OF SUMMER RELIEF? DRIVE INTO SUMMER WITH AN AFFORDABLE PAYMENT

• Low rates and flexible terms • No payments for the first 90 days1 • Up to 120% financing, including tax

and license

We’ll help you get into that new (or new to you) car with a low-rate auto loan. Plus, make lower payments when you refinance your existing loan with us.

AUTO LOANS

2.99 APR6%

STARTING AT

STUDENT LOAN REFINANCING

Replace those high interest rates with a

rate that better fits your budget and lifestyle.

Release your cosigner after making 12 consecutive

on-time, full principal and interest payments.

Refinance up to $125,000 in undergraduate student loan debt or $175,000 in

graduate debt.

Complete your entire application online in

under 15 minutes.

Set up recurring monthly payments and enjoy a reduced interest rate.

Pay your loan off quicker, or keep your monthly payments

as low as possible — the choice is yours.

Refinance your existing student loans with Financial Partners Credit Union and you could lower your monthly payments or pay if off quicker.*

Visit FPCU.org/Student-Loans for details.

* Terms and conditions apply. Loan products, terms, and benefits displayed on this website may be modified or discontinued at any time without notice. Your initial rate will be determined after a review of your application and credit profile. You must be either a U.S. citizen or Permanent Resident in an eligible state, must have graduated from an eligible school, and meet Financial Partners Credit Union’s credit and income requirements to qualify for a loan. Additionally, in order to receive a loan from Financial Partners Credit Union, you must be a member of Financial Partners Credit Union. If you are not a member of Financial Partners Credit Union, you may apply and become a member during the loan application process. Applying with a creditworthy cosigner may result in a better chance of loan approval and/or lower interest rate.

6 APR=Annual Percentage Rate. Payment sample: $15,000 auto loan with 48 month term at 2.99% APR, resulting in 48 monthly payments of $327.03. Rates shown are for highly qualified borrowers; rate received may be different based on credit history. Loans subject to borrower qualification; not all applicants will be approved. Fees and charges may apply. Rates as of 06/11/2020 and are subject to change without notice. Conditions, restrictions, and terms may apply.

CONVENIENT SERVICES & LOCATIONSVisit FPCU.org/locations to find:

30,000+ Surcharge-Free ATMsTransact at ATMs in the CO-OP Network, including ATMs at 7-Eleven, Circle K, Costco, Publix, Dunkin Donuts, Rite-Aid and more.

5,600+ Shared BranchesBank with us at a CU Service Center in the CO-OP Network.

FPCU.org/mobile-payments Use Apple Pay, Google Pay, and Samsung Pay to make purchaseswith your mobile device.

24/7 ACCOUNT ACCESS

Mobile Banking with Mobile DepositDeposit checks, pay bills, check balances, transfer funds, apply for loans, and more. Download from the App Store or Google Play today.

Digital Banking with Bill PayView account history, make payments, transfer between accounts, and more at FPCU.org

Bank-By-PhoneCall 800.950.7328, option 1. Check balances, transfer funds, and more.

NMLS#401427

20+ FPCU branches to serve you from South San Francisco to San Diego • Mailing Address: PO Box 7005, Downey, CA 90241-7005

No need to leave home! Visit FPCU.org/PIAor call 844.816.8649 for a free policy review or quote.

OUR MEMBERS SAVE AN AVERAGE OF

$749A YEAR ON AUTO INSURANCE!*

Financial Partners Credit Union's in-house insurance agency offers policies for autos, motorcycles, RVs, boats, and more.

Take advantage of direct access to an agent, who will help you find the right policy that saves you money, while ensuring sufficient coverage.

*$749 Savings on average for California drivers on auto insurance through Mercury. Insurance products are made available by Partnership Insurance Agency (PIA), LLC and underwritten by leading insurance companies. Not all applicants may qualify. This insurance is not a deposit and is not insured or guaranteed by Financial Partners Credit Union. Subject to change without notice. Partnership Insurance Agency (PIA), LLC is a wholly-owned subsidiary of Financial Partners Credit Union. Conditions, restrictions, and terms may apply. Insurance products available only to California residents. This is an Advertisement. Savings info. based on 2019 CA Department of Insurance rate comparison profile 38B. Insurance Products are not insured by NCUA or any Federal Government Agency; are not a deposit of, or guaranteed by the Financial Partners Credit Union or any Financial Partners Credit Union Affiliate; and may lose value. Any insurance required as a condition of the extension of credit by Financial Partners Credit Union need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the customer's choice. License # 0M24158.

1. 90 days no payments and 120% financing require a minimum credit score of 670. Speak to a credit union representative for complete details. 2. APR=Annual Percentage Rate. A Home Equity Line of Credit is secured by your home. Based on Home Equity Line for an owner-occupied, CA primary residences only. 2.99% APR Intro Rate valid for first 12 months; after which will change to the regular rate (as low as 4.500% to a maximum APR of 18.00%). “Regular” rate after intro rate is variable. Homeowners Insurance is required. Loan subject to borrower and property qualifications, not all applicants may be approved. Rates and terms as of 6/05/2020 and are subject to change without notice. Conditions, restrictions and terms may apply. Please consult your tax advisor regarding the tax deductibility of interest on a home equity loan or line of credit.3. APR=Annual Percentage Rate. 0.00% APR valid on purchases and balance transfers. Promotional rates apply to first twelve (12) billing periods on new credit card accounts; balance transfers must be completed within 90 days of card account opening. After promotion, Regular APR of 9.24%-26.99% will apply. Offers apply to all credit card types and tiers (except Savings/Share Secured). Subject to credit approval. Rates are variable and may change. Balance transfer fee of 3% or $10 (whichever is greater) applies. Balance transfers not available for current Financial Partners credit card or loan balances. Rates as of 3/19/2020 and are subject to change without notice. Conditions, restrictions, and terms may apply.4. 15-Day Ready to Close: “Ready to close” is defined as ready to send final loan documents to your settlement agent for signing by you. Offer and terms: If FPCU is not ready to provide final loan documents for signing within 15 business days of receiving an executed sales contract, all loan documentation as required, acknowledgement to proceed and upfront appraisal fee, FPCU will credit up to $850 towards our processing fee if the loan is funded with FPCU. Member must specifically request the program “Ready to Close” for a maximum 45-day escrow. Members must be pre-approved by FPCU prior to and within 90 days of the executed purchase contract with no material financial changes. Members must provide a final purchase contract, executed by both parties and all supporting loan documentation as required within two days of the date of the contract (contact your Mortgage Loan Consultant at 877-404-7328 for required documents). In addition, acknowledgement of intent to proceed by the member and the upfront fee must be received within the 2 days to start the clock. Loan rate, amount and terms must be locked and not changed at least 10 business days prior to the “Ready to Close” signing date. Offer is good for purchase loan applications received with an executed purchase contract. Offer available only for conforming, high balance conforming and jumbo 1st mortgage purchase loans for a single-family residence, PUD or condo in California. Not available for refinance loans, FHA/VA programs, HELOCs, 2nd mortgages, 2-4 units or purchase loans outside of California. The guarantee does not apply if events occur beyond the control of Financial Partners Credit Union, including but not limited to: Appraised value; borrower, seller, escrow, title or other 3rd party delays; 2nd lien holder approval; short sale approval; lender conditions that cannot be met by any party; or acts of God (inclement weather, disaster, etc.). Purchase guarantee is not transferable to another borrower or another property. Program and/or terms subject to change without notice. All loans are subject to credit approval.5. Partnership (Rewards) Points available on Premier Checking account only. One point per every two (2) dollars charged to the cardholder's enrolled debit card in signature-based transactions. Cardholders will not earn points for debit card PIN transactions and will not receive points for ATM transactions.

• NOW OPEN - 2 NEW LOCATIONS TO SERVE YOU!- SEAL BEACH: 12410 Seal Beach Blvd., Suite E, Seal Beach, CA 90740- MISSION VIEJO: 27672 Crown Valley Pkwy., Suite A, Mission Viejo, CA 92691

Apply For Any Loan 24/7 at FPCU.org