Auto Loan Pre-app - 5/07

LAST CHANCE to take advantage of your
YOU'RE AUTO LOAN PRE-APPROVAL.

Dear Valued Member,

Don't delay! Your pre-approval is valid through May 31, 2007.

You've worked hard to maintain your credit - and it shows! LFCU is pleased to offer you a pre-approved loan to purchase the new or used vehicle of your choice. You'll save money with a fixed rate as low as 5.74% APR (new vehicle) and no payments for 90 days.

Because you have excellent credit, a loan application is not necessary. As your credit union, we will make buying and owning your car a stress-free experience.

If you have questions, please call (800) 328-LFCU.

Thank you for this opportunity to serve your financial needs.

Sincerely,

Lockheed Federal Credit Union

P.S. Your excellent credit means you are also pre-approved for a Platinum Visa card and, if you own your home, a home equity loan. ASK FOR DETAILS!

You can choose to stop receiving “prescreened” offers of credit from LFCU and other companies by calling toll-free (888) 567-8688. See PRESCREEN & OPT-OUT NOTICE below for more information about prescreened offers.

PRESCREEN & OPT-OUT NOTICE: This “prescreened” offer of credit is based on information in your credit report indicating that you meet certain criteria. This offer is not guaranteed if you do not meet our criteria*. If you do not want to receive prescreened offers of credit from LFCU and other companies, contact Experian Consumer Assistance at Experian Opt Out, P.O. Box 2104, Allen, TX 75013, telephone (888) 567-8688 or go to www.optoutprescreen.com.

*Terms and Conditions – This pre-approved credit offer is subject to verification of qualifying income and may not be extended if: (1) you no longer meet the criteria used to select you for this offer; (2) you are delinquent on any credit obligation with the Credit Union; (3) we are unable to verify your income or employment, or if your income in our opinion and according to our established criteria is not sufficient to repay the credit offered; or, (4) you do not provide the required collateral or the value of the collateral is inadequate.

No Payment for 90 Days - Qualifying members may select to defer their first payment for 90 days from the loan funding date. Interest will accrue during deferral period. Subject to credit union approval. Please call for details.

APR = Annual Percentage Rate. “As Low As” auto rates are our best fixed rates for up to 110% financing on approved credit and include a 1% discount for Automatic Payment (AutoPay) when transferred from an LFCU checking account. Rates subject to increase if AutoPay is discontinued. Actual interest rate offered may be higher depending on applicant’s credit rating and other underwriting factors. In some instances we may require borrowers to purchase Guaranteed Auto Protection on new and used auto loans: maximum 17.99% APR. Monthly payments over a 60 month term are $19.22 per $1,000 for new vehicles and $19.34 per $1,000 for used. Rates accurate as of 3/31/07 and are subject to change.