Issue 9 - Summer 2021

2 15 YEAR 3.013 % APR** Thomas Rudzewick President and Chief Executive Officer Sincerely, FIXED RATE MORTGAGES Apply Online Today **Annual Percentage Rate (APR) is effective 7/19/21. Available for loan amounts up to $999,999.00 for 1 to 4 family properties, condominiums & co-ops only. Rates for loan amounts of $1,000,000.00 and above will be determined by the Bank. Loans over $500,000.00 and above on 1 family homes & condominiums must be owner-occupied. Co-op loans must be owner-occupied regardless of loan amount. Up to 75% loan to value for purchases, 70% loan to value for refinances. Available to properties located in the state of NY (Manhattan, Queens, Brooklyn, Bronx, Staten Island, Nassau, Suffolk & Westchester). Rates & terms are subject to change without notice. $550.00 non-refundable application fee is required on investment properties. Rates are for informational purposes only and are not binding until a formal commitment has been issued. First Time Homebuyers Program is available for purchase of owner occupied 1 family homes, condominiums & co-ops with maximum Purchase Price of $750,000.00, and 2 family with maximum Pur- chase Price of $999,000.00 only. You will receive .25% discount on Interest Rate. Down payment of 5% to 19% will require PMI (Private Mortgage Insurance). Primary 1 & 2 Family Homes, Condominiums &Co-ops Non-Owner Occupied 1-4 & Owner Occupied 3-4 Family Homes &Condominiums 3.763 % APR** 30 YEAR 3.257 % APR** Primary 1 & 2 Family Homes, Condominiums &Co-ops Non-Owner Occupied 1-4 & Owner Occupied 3-4 Family Homes &Condominiums 4.508 % APR** CATCHING UP AND MOVING FORWARD I am so proud of the progress we have made as a community and a Nation on our journey back to normalcy. With Covid-19 restrictions easing and vaccination rates rising, businesses have been able to re-open at full capacity and travel has become easier– a positive signal for our community and economic prosperity. You might also see your calendar beginning to fill up with BBQs, recreational activities, travel plans or celebrations with family and friends – another welcome sign that we are moving forward. Some might also be busy catching up on home repairs or restarting the search for a dream home! Regardless of your plans or future goals, Maspeth Federal will continue to help our communities move forward by bringing you the best banking products and services. As you read through this issue, be sure to mark your calendars because our highly anticipated summer concerts and movie nights are back! Plus, we are excited to announce that our virtual First Time Homebuyers workshop was a huge success! We look forward to continuing to use technology to improve our offerings and to bring you the best banking experiences. We also recently celebrated the Grand Reopening of our enhanced Drive-Up in Forest Hills, including a new drive-up ATM, expanded lanes and an EV charging station. This issue also gives our readers summer travel tips and information about how to "go green" at home. We also share the money-saving benefits of our all new Perks Checking account, which are complimentary to you! I encourage you to visit your favorite banker at one of our branches or our digital channels for more information. In closing, we hope you find this issue informative. We are thrilled about our progress and look forward to catching up and moving forward with you.

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