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Navy Federal ranked No. 4 in the first-ever Harris Poll survey measuring the reputations of financial services companies across America and was the only credit union to make this Harris Poll list. The highest ranking for any commercial bank, of the top 40 institutions rated, was No. 20. This Harris Poll survey measured emotional appeal, products and services, vision and leadership, financial performance, workplace environment, social responsibility and financial services performance. The results of the Financial Services Reputation Quotient (FSRQ) survey were released by the American Banker newspaper. Nominees
for election A flier listing the nominees for the 2002 election is included with your October statement. Valid nominations by petition received by December 3, 2001, will be included on the mail ballot sent along with January 2002 statements to all members eligible to vote. Space will be provided for inclusion of write-in candidates. However, if no nominations by petition are received, a mail ballot election will not be necessary. Nominations from the floor at the Annual Meeting will not be entertained unless unforeseen circumstances, prior to the election, result in an insufficient number of candidates for the vacancies. Election results will be announced at the Annual Meeting on Monday, March 25, 2002. Deadline
for Education IRA contributions This year's deadline to open and make Education IRA contributions of up to $500 per child is December 31, 2001. The Economic Growth and Tax Relief Reconciliation Act of 2001 provides expanded benefits for Education IRAs. Starting in January of 2002, the allowable annual contribution per child will increase from $500 to $2,000. Also starting in January, Education IRA savings can be used for primary and secondary school expenses, in addition to college expenses. For
more information and to request an Education IRA application Navy
Federal Financial Group offers long-term health insurance Navy Federal Financial GroupSM has partnered with Long Term Preferred Care, Inc. (LTPC), to help members get private long-term care insurance. LTPC offers a wide range of policies underwritten by some of the nation's leading insurance carriers. Private
long-term care insurance pays many expenses not covered by Medicare
and helps policyholders avoid having to “spend down” their
assets, a prerequisite for Medicaid assistance. More importantly,
it helps protect their freedom to choose the nursing home facility
or home health care provider they want. SM 2000 Navy Federal Financial Group, Inc. Sammie's
everywhere! Now
your kids can join Sammie's Club at any of our member service centers
worldwide! Sign them up now for a savings account with just $5.00.
As a new Kids Club member, they'll receive a Navy Federal Kids Club
Packet with an Activity Funbook, Sammie stickers, bookmark and savings
stampbook. When
you or your children add $50 to a new or existing savings account,
they can stop by and pick up a Sammie stuffed toy!
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