$25 Graduation Gift Program - Class of 2009

Congratulations graduate! American Eagle Federal Credit Union would like to recognize your personal academic achievement by making a $25 deposit into an American Eagle FCU savings account.

To qualify for the $25 graduation gift you must meet all of the following:

• Be a member of the Credit Union in good standing or become a member.

• Be age 16-24 at the time you graduate from a four-year high school, two-year associate’s program, or four-year college/university.

• Complete a Graduation Gift Form and bring it to any AEFCU branch with a copy of your diploma within six months of graduation.

The $25 will be deposited into your primary savings account and reported to the IRS as interest earned on Form 1099-INT in the year the bonus is paid. The Graduation Gift Program is subject to change without notice.

Special Auto Loan Rates June 12 - July 18, 2009
American Eagle FCU is reducing rates on all auto loan applications received June 12 through July 18, 2009. Click here for rates and details.

Sales Tax Deduction for Vehicle Purchase Through End of 2009
The American Recovery and Reinvestment Act of 2009 provides a deduction for state and local sales and excise taxes paid on the purchase of a new vehicle made from February 17 through December 31, 2009. The deduction is limited to the tax on up to $49,500 of the purchase price of a single vehicle. The deduction is phased out for taxpayers whose modified adjusted gross income is between $125,000 and $135,000 for individuals and between $250,000 and $260,000 for joint filers. Taxpayers may claim this deduction on their 2009 tax returns regardless of whether or not they itemize other deductions. For more information go to www.irs.gov.

North Granby Resident Wins $10,000 Grand Prize in Credit Union Membership Promotion

Frances Miller of North Granby, CT, was the winner of a $10,000 grand prize from American Eagle Federal Credit Union’s “What would you do with $10K” spring membership promotion. Pictured left to right are AEFCU President & CEO William Dokas, Frances Miller, Peter Miller (husband), and AEFCU Mascot, Earnest Eagle. Click here for full story.