We are keeping a close eye on the "Heartbleed" bug you may have heard about. The vendor we use for Online Banking has completed a preliminary assessment and has not discovered any vulnerability. We will be sure to keep you updated should anything to the contrary be discovered. Rest assured that we are doing everything we can to help ensure that your information is safe.

It is always a good practice to use unique passwords for all of the online services you access. If your GCF Online Banking password has also been used with a different service, we do recommend that you change your Online Banking password at this time.

If you currently utilize GCF’s online banking EXPRESS TRANSFER function to make your loan payments, this service will be temporarily unavailable from April 25, 2014 through June 9, 2014. As an alternative to this temporary inconvenience, you can do one of the following:

  • Contact 1-877-589-6600 ext. 320 or 368 between the hours of 9:00 a.m. and 5:00 p.m., Monday through Friday, to manually complete the transaction.
  • Mail a check to Investors Bank, 101 Wood Avenue South, Iselin, NJ 08830.
  • Sign up for GCF’s online bill payment system and set up a monthly payment to be sent to Investors Bank.

Fast Access

GCF Bank is now part of the Investors Bank family!
GCFlash - November 30, 2010!

Tuesday, November 30, 2010

Edition #587

Today's Highlights:

Past issues of GCFlash:

November 23, 2010 Edition #586

November 16, 2010 Edition #585

November 9, 2010 Edition #584

November 2, 2010 Edition #583

Looking for articles from a past issue of GCFlash not listed above? Find them in our Knowledge Base!

Weekly Spotlight:

Only 24 shopping days 'til Christmas! Give the gift that's always the right style, the right color, the right choice. A GCF Visa Gift Card is always the perfect gift for any occasion. Stop into any GCF branch to purchase a GCF Visa Gift Card for someone special!

Our Current Rates:

For a listing of our current deposit and loan rates,click here.

Today's National Market Rates
November 30, 2010 6 Mo Ago
1 Yr Ago
5 Yrs Ago
Dow Jones Industrial Average 11,006.02 (-0.42%)
(Up 577.97 or 5.54% since 12/31/09)
10,136.63 10,344.84 10,805.87
S&P 500 1,180.55 (-0.61%)
(Up 65.45 or 5.87% since 12/31/09)
1,089.41 1,095.63 1,249.48
NASDAQ 2,498.23 (-1.07%)
(Up 229.80 or 10.10% since 12/31/08)
2,257.04 2,144.60 2,232.82
10 Year Treasury Bond Yield 2.79% 3.30% 3.20% 4.50%
British Sterling 1.5558 1.4455 1.6514 1.7130
Euro 1.2984 1.2278 1.4996 1.1722

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1st Flash

Shrinking Mobility

Still haven't found the right gadget gift for that special techie in your life? Technology changes as quickly as I can write this sentence. Shop too soon and you may find your gift outdated before the package is even unwrapped.

Laptops are shrinking, netbooks becoming more powerful and tablets quickly gaining popularity. The lines distinguishing one product from another have become so blurred that they're almost nonexistent.

Manufacturers are scrambling to keep pace with current trends. In this frantic industry, that means shifting gears for models already on the production line to match features your competitor just unveiled on their latest gizmo.

Many of those expected to be this season's hottest sellers aren't even scheduled to hit the marketplace until December.

The business sector should love the new Hewlett Packard Mini 1103. It's designed for mobility with WiFi, WLAN and Bluetooth connectivity. Choose between a 3- or 6-cell battery. It features a 10.1 inch display, up to 320GB of internal storage and Web cam. The 1.83GHz Intel Atom N455 is the company's smallest processor to date. It weighs in at a mere 2.7 lbs. and priced at $299.

Acer has a new entry for the business set as well. Their TravelMate 5542 features AMD dual-core processing, a 15.6 inch display, 1.3 megapixel camera and up to 320 GB hard drive. Pricing at $549 and up.

The consumer crowd might want to consider a Lenovo Idea Pad U260. Ergonomics drove the design for this beauty with rounded edges and a glass touchpad. It has a 12.5-inch display and the option of a 320GB hard drive or 128GB of SSD flash-based storage. Prices start at $899.

Apple didn't abandon the laptop market with the launch of the iPad. Their new MacBook Air design was influenced by the company's success in the mini-market. It can be yours for $999 and up.

Steve Jobs was met by cynicism in April 2010. The Apple CEO stood before members of the press to introduce his company's newest offering, a product whose development wasn't quite cloaked in secrecy. Rumors had been swirling for close to a year that Apple was developing a product to fill the market gap between a laptop and the company's highly successful iPhone.

"What gap?" naysayers were asking. They wondered who would buy such a device. Did Apple finally introduce a dud?

Hardly. Nearly 3 million were sold in the first 80 days. During the second quarter 2010, Apple had sold 4.19 million iPads worldwide.

The iPad allows you to surf the Web, watch movies, play games, read books, download music and all of those other neat apps available on your iPhone. Plus it performs most computing basics for the business traveler. At 9.5 in. x 7.5 in. and a mere 1.5 lbs., you can stick it in your coat pocket and carry it wherever you go.

The lithium-polymer battery keeps it running longer than the Energizer bunny.

If you're not in a rush for an iPad, you may want to hold off until after the holidays. The iPad 2, originally scheduled to be available in time for Christmas, has been delayed until April or May.

The second-generation version is expected to have both a front- and rear-facing camera to allow video chats via Apple's FaceTime application. It's also reported to have a USB port.

BlackBerry's Playbook, a new tablet still in production, is expected to be available around the same time as the iPad 2.

Samsung's Galaxy Tab Android is the closest competitor to the iPad currently on the market. It's 7.4 x 4.7-inch profile fits better in your hand than the bulkier iPad and at half the weight at .83 lbs.

It's the first tablet to feature two cameras for video chat. And the Android operating system is good for multitasking. But that's where its benefits end.

Typing feels a bit clunky. And browsing the web is jerky. Tabs and pages don't flow smoothly. Battery life is nothing to write home about.

Smartphone and tablet pricing vary by provider, as well as whether or not you enter into a service contract with the carrier.

On The World Wide Web

PNC Financial Services Group found the cost of the 12 Days of Christmas rose 9.2 percent for the 2010 season. Learn why, explore their price charts and play the games here.

The folks at Office Max once again give us a chance to laugh at ourselves. Our elfly self, that is. Upload your photo at and let the dance begin.

Earn a rebate for shopping online! Point your browser to and earn a bonus just for registering. Merchants pay them for every customer they refer, and they pass a percentage along to you.

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2nd Flash

Holiday Shopping Ideas

If you are like me, every year it gets harder and harder to come up with gift ideas for people on my shopping list. What to get for the uncle who has everything? What to get for the picky friend? Here are just a few unusual ideas that I have come across that may help make your shopping easier.

Are you looking for a gift for someone who likes hiking, walking, or nature trails? How about the National Parks and Federal Recreational Lands Pass? The Annual Pass is available on the U.S. Geological Survey web site for $80.00. A Senior Lifetime Pass is available to U.S. Citizens age 62 and older for only $10.00. The Annual Pass is valid for one year and includes admission for pass owner and accompanying individuals in one passenger car to enter federally operated recreation sites across the county. For sites where a per person entrance fee is charged, the Annual Pass covers the pass owner and up to three accompanying adults. Participating sites include those run by the National Park Service, Fish and Wildlife Service, USDA Forest Service, and Bureau of Land Management. The Annual Pass covers only the admission fee and/or standard amenity fees. It does not include any expanded amenity fees and/or concession/activity fees. If you have questions about passes, call 1-888-ASK-USGS and press 1 or check out the U.S. Geological Survey's web site.

Looking for a gift for someone who enjoys boating or the Civil War? The NOAA Office of Coast Survey has hundreds of charts available for all regions. In addition, NOAA has assembled a collection of maps, charts, and documents prepared by the U.S. Coast Survey during the Civil War. Over 400 documents are available in their "Charting a More Perfect Union" collection. Check out their web site.

Shopping for a gift for a member of the military? How about a reproduction of a World War I or World War II recruiting poster? The National Archives has all kinds of historical posters, books, and booklets available. Visit them online. Another good idea is to request an original flag that has flown over the U.S. Capital. Requests are processed through your U.S. Senator's or Representative's office. Many members of Congress have directions and order forms available on their web sites. There is a fee that varies based on the size of the flag purchased. The Architect of the Capitol issues a Certificate of Authenticity with each flag.

Finding the perfect gift for a lawyer or law student? There are a wide variety of gifts available from the Supreme Court Gift Shop. Just a few include: holiday ornaments, glassware, coasters, candy dishes, statues of Lady Justice, totes, posters, pen sets, games, golf balls, puzzles, DVD's, books, bookends, cuff links, pins, scarves, and key chains. Point your browser here.

Looking for a gift for someone interested in politics or someone who collects china? How about a teacup and saucer from the Presidential China collection used during the Washington administration or an authentic JFK rocking chair? A wide variety of gifts are available online from our Presidential Library Gift Shops. I found the Washington cup and saucer on the Truman Presidential Library web site. I found the rocking chair on the John F. Kennedy Presidential Library & Museum web site. Other types of items available include books, key chains, magnets, statues, photographs, ornaments, jewelry, shirts, hats, ties, aprons, pillows, planters, and so much more. A list of Presidential Libraries is available on the web site.

Don't know what to buy the parents who have everything? How about providing for the pet in their lives by covering veterinary costs? Even the cost of routine exams can add up, making it difficult for those on a fixed income. Pets are dear to their owners. The peace of mind that comes from knowing their furry friend will be protected is priceless.

These are just a few ideas that may make your holiday shopping a little easier this year. For more unusual ideas, check out's web site. They provide a wide variety of gift ideas, including books, memorabilia, collectibles, and more. They also provide information on shipping, shopping tips, and ways to save money. Click here.

Tip of the Week

The Federal Trade Commission offers tips on holiday shopping on a budget. Find their advice online.

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Financial News

As we move towards the end of the year, tax time is right around the corner. There are still quite a few unresolved areas for Congress to finalize as the year draws to a close. For the most part, these are tax cuts that were scheduled to expire unless Congress extends them. For instance, capital gains rates increase in 2011 with the lowest tax bracket increasing from 10 to 15 percent. Dividends and interest will be taxed at ordinary income rates, not the lower capital gains rates. These cuts will be affecting many - including retirees relying on investments to fund their retirement.

Some areas to think about include taking gains in 2010 instead of 2011. Consider taking income in 2010 instead of 2011 while the tax rates are lower, including retirement distributions. You might also want to convert IRA's into Roth IRA's and pay the full tax in 2010 while rates are lower instead of spreading the income over two years. Defer deductions like property taxes or charitable contributions to 2011, lowering income in the higher tax rate year. There may be other considerations like education loans or medical assistance that could be impacted when making decisions about shifting your income. As always, consult your tax advisor to evaluate your options.


"Searching is half the fun: life is much more manageable when thought of as a scavenger hunt as opposed to a surprise party." - Jimmy Buffett

Today in History

1983 - Radio Shack announces the Tandy Model 2000 computer (80186 chip).

Flash Fact

Florida is the flattest state in the United States. Its highest elevation is only 345 feet above sea level.

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GCFlash is a weekly e-mail sent only to its listed customers and associates free of charge. GCFlash informs customers of special product offerings which may be of interest, current interest rates on both deposit and loan products, selected financial news and other financial tidbits. GCFlash is intended to supplement the more comprehensive information listed on the GCF Web site at

For more comprehensive information, visit our Web site at or call (856) 589-6600 Ext: 337 (Timothy P. Hand)


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GCF maintains your e-mail address in a confidential and secure database along with much of your other account information, such as mailing address and telephone number, etc. Before aggregating our e-mailing list each week, we filter out any duplicates. In most cases, this inhibits the unintended e-mailing of multiple copies of GCFlash to a single e-mail address. However, because these account records are kept by both individual and account, there is a chance members of the same household could each receive a copy of GCFlash or any other transmission at the same e- mail address - resulting in multiple copies. For example, a husband and wife that both have accounts with GCF may both receive a copy because the names are different but listed at the same e-mail address. This is similar to the manner in which each individual may share a common telephone number. To handle this situation, GCF recommends you simply delete any extra copies of GCFlash as this will ensure that ALL individuals receive any future promotional mailings, which might only be targeted or offered to specific accountholders meeting certain criteria. GCF has the capability to suppress customer e-mail addresses so they are omitted from our transmission list. If you would rather have a specific household member’s e-mail address suppressed in our electronic database, simply send us a reply, as stated below, and indicate the accountholder for which you would like to have e-mail suppressed. Please keep in mind that this suppression will mean that NO future e-mails are sent, including special promotional offers. If you have any questions about this process or need additional information, please contact us at

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GCF Bank
381 Egg Harbor Road
Sewell, NJ 08080
(856) 589-6600