NEW PLAINS BRANCH NOW OPEN

Transcription

1 SUMMER 2017 A Newsletter for Members of Choice One Community Credit Credit Union INSIDE: NEW PLAINS BRANCH NOW OPEN HOME EQUITY LOANS MEET MOOLA MIKE SUMMER SKIP A PAY

2 PRESIDENT S MESSAGE PLAINS BRANCH Pleased to Announce our Plains Opening After more than a year of planning and renovations, we are pleased to announce the opening of our new Plains Township Corporate Center and Branch. For your convenience, this new full-service Plains location will provide all of the products and services you have come to count on from Choice One Community Credit Union. In addition to all of our checking and savings products, a drive through and lobby, our Plains branch will also provide a full service loan department. You can speak to a loan representative in Plains anytime to discuss your needs for a vehicle loan, home equity loan, personal loan and more. Whatever your needs, our Plains staff is here. This new location also houses our new corporate operations center. We hope you will share this exciting news with all of your friends. We look forward to serving you in Plains! OPEN After months of renovations, we are pleased to announce the opening of our new Plains Township Corporate Center and Branch, located at 501 East Main Street, just across from Mohegan Sun Casino. This new full-service branch will provide all of the products and services you need, including all of our loans. Stop in to our Plains branch today. Sincerely, Thomas Smith President/CEO 2

3 2.74% APR 2.99% APR 1.59% APR * Terms up to 180 months * Imagine the Possibilities Terms up to 240 months WITH A LOAN FROM CHOICE ONE Take advantage of the equity in your home to make home improvements, consolidate bills, purchase a vehicle, take a vacation, pay tuition or for any need. APPLYING IS EASY. STOP BY ANY OF OUR OFFICE LOCATIONS, CALL A CHOICE ONE REPRESENTATIVE AT OR VISIT US AT TO APPLY ONLINE. *APR = Annual Percentage Rate. Rates shown are for qualified borrowers. Rate shown for the Home Equity fixed rate includes a.25% discount for auto deduct from Choice One share or share draft account. Borrow up to 80% of the current market value of your home, less any outstanding liens. The Borrower agrees to reimburse the Lender the actual amount of bona fide third party fees paid on the Borrower s behalf, as permitted by applicable law, if the loan is paid off within twenty four (24) months after consummation. The adjustable introductory rate is in effect until June 30, At the end of the introductory rate term, the rate converts to the Prime Rate. Maximum rate is 18%. Minimum rate 5%. The annual percentage rate on the adjustable loan can change quarterly. Other rates and terms are available. Contact your credit union loan officer for details, and your tax advisor regarding deductibility of interest. **APR = Annual Percentage Rate. Rates shown reflect.25% discount for Auto Pay. Rates are based on the creditworthiness of the individual applicant and are subject to change without notice. Different terms are available. Please visit or call the credit union for current rates. ** Terms up to 84 months 8.74% ** APR Borrow up to $10,000 for terms up to 72 months 3

4 GET A $100 CASH REWARD FOR EVERY NEW LINE This new exclusive cash rewards offer is our best one EVER! Now, as a credit union member, you can earn $100 for every line when you switch to Sprint. Here s how it works: Members get a $100 cash reward for every new line when you switch to Sprint. Current Sprint customers will receive a $50 cash reward for every line transferred into Sprint Credit Union Member Cash Rewards. Plus, get a $50 loyalty cash reward every year for every line Here s how to sign up for Sprint cash rewards: 1. Become a Sprint customer 2. Register at LoveMyCreditUnion.org/SprintRewards or in the Love My Credit Union Rewards app 3. Allow up to six to eight weeks to see cash rewards directly deposited into your credit union account! Make the switch today and save with the Sprint Credit Union Member Cash Rewards! PARENTS, MEET MOOLA MIKE... OUR NEW CHOICE ONE KIDS CLUB MASCOT. CHOICE ONE COMMUNITY CREDIT UNION KIDS CLUB at Choice One Encourage your children to join and learn to be a super saver. You can help your child join our Moola Mike Kid s Club today. You ll be teaching them great savings habits while they watch their moola grow in their very own savings account. They ll also receive fun rewards and activities along the way. Moola Mike Kids Club is open to children 12 and under who become a Choice One member by opening an account. A parent just needs to approve and sign the application form. Start your child on the path to basic money management today. Just stop by one of our local branches and ask a Choice One representative for details on how to sign up or visit us online at 4

5 CHOICE ONE MAPS PROGRAM YOUR LOWER MONTHLY PAYMENT SOLUTION! Not only can you save on monthly payments with MAPS, but unlike other leasing, you own the vehicle. There are other benefits as well. For more information, call or visit the credit union, visit our or scan the QR Code below. MAPS is based on a 2017 Nissan Rogue AWD 4 dr. S vehicle 2017 Nissan Rogue $26, Conventional Interest Rate 1.49% MAPS Interest Rate 3.49% Annual Mileage 12,000 Conventional Payment $ MAPS Payment $ Savings of per month $ MAPS financing would save you $194 per month!* The residual value is $11, based on 12,000 miles per year. MAPS is a 48 month term. *The above is an example. The actual rate and terms can vary and are subject to change. The above monthly payment includes the cost for residual value protection that gives you the right to return the vehicle on the loan termination date and protects you against any decline in the projected residual amount. Choice One and Sherpa Identity Protection give you peace of mind and the tools you need to protect your personal Sherpa from Choice One FCU information. Sherpa provides: üproactive monitoring for fraudulent activity ühelp to get you on the right path should your information be compromised üongoing credit monitoring and alerts ü24/7 Internet surveillance ülost wallet protection üno charge identity theft protection insurance üaffordable coverage options Sign up for Sherpa Identity Protection today at 5

6 SKIP-A-LOAN PAYMENT AND ENJOY SOME FUN IN THE SUN! Skip a Payment in July or August Apply for our Summer Skip-A-Pay program and you will have some extra cash for some extra summer fun this July or August. Simply complete and send or bring in the attached form. Vehicle, home equity and personal loans are all eligible. Skip-A-Pay Application Form YES, I would like to skip a loan payment in (choose one) July 2017 August 2017 Home Equity Loan Personal Loan Type of Skip-A-Loan Payment* Vehicle Loan I understand the cost of Skip-A-Loan Payment is $35.00.* Member Name Daytime Phone Number Interested in lowering monthly payments? Yes Automatic Payment Yes No No Loan Number If yes, Transfer From Share Savings Checking will automatically be deducted from your share account. Interest will continue to accumulate on your loan during the month you skip your payment. Each member is allowed to skip a payment twice during the designated time per calendar year. All requests to skip a payment must be approved by the loan department. MAPs, Shared Secure Loans dated after 9/1/15, 90 Day Balloon Loans, and Better Choice Loans are not eligible for this program. Home Equity Loans are eligible for the Skip-A-Pay program one time in the calendar year. This is a special offer, all accounts must be in good standing to be eligible. Fee must be in the account at the time of application. Member Signature Date Co-Borrower Signature Date Bring this form to the credit union, fax it to or mail to: Choice One Community Credit Union, Loan Department, P.O. Box 1205, Wilkes-Barre, PA Credit Union Use Only: S F By signing this form you agree to amend the terms of your original agreement and to repay the entire unpaid balance of $ plusinterest at % by paying $ every (payment frequency) beginning (date). Date of Charge By. 6

7 WOMEN, MONEY, AND THE LONGER TERM Are you too focused on the immediate future? Presented by MEMBERS Financial Services: James H. Van Wert Jr., CFP, and Trey Van Wert How many short-term financial decisions do you make each week? You probably make more than a few, and they may feel routine. Yet, in managing these day-to-day issues, you may be drawn away from making the long-term money decisions that could prove vital to your financial well-being. How many long-term financial decisions have you made for yourself? How steadily have you saved and planned for retirement? Have you looked into ideas that may help to lower your taxes, or preserve more of the money you have accumulated? Start by taking inventory. Look at your investments and savings accounts: their balances, their purposes. Then, look at income sources: yours, and those of your spouse or family, if applicable. Consider your probable or possible income sources after you retire: Social Security and others. By taking inventory, you can see where your finances are, both in terms of your progress toward a financially stable retirement, as well as your retirement income. It may also illuminate potential new directions for you: The need to save or invest more (especially since parenting or caregiving has the potential to, at some point, interrupt your career and/or affect your earnings). The need for greater income (or additional income sources) down the road. Risks to income and savings (and the need to plan greater degrees of insulation from them). Devoting just an hour of attention to these matters may give you a clearer vision of your financial potential as well as your needs for tomorrow. Proceed from this step to the next: follow with another hour devoted to a meeting with an experienced financial professional. MEMBERS Financial Services may be reached at or trey.vanwert@cunamutual.com This material was prepared by MarketingPro, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates. This information should not be construed as investment, tax or legal advice. All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy. Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution WR-1924 MEMBERS APPRECIATION DAY Choice One is more than a credit union: we are a community. Our Members Appreciation Day is our way to say thanks and to get everyone together to have a good time! Mark your calendar for food, games, prizes and the good company of your fellow Choice One members. DATE: Sunday, September 10 PLACE: Knoebels Amusement Resort TIME: 12:00pm - 7:00pm Lunch at 1:30pm, Pavillion V R KE It s time to plan some summer fun! Discount coupons are now available at Choice One branches for some of your favorite amusement parks, including Knoebels Amusement Resort, Dorney Park & Wildwater Kingdom and Hershey Park. ive by k yo o n o ay. 7

8 The One Choice for Financial Services. WILKES-BARRE BRANCH 101 Hazle Street P.O. Box 1205 Wilkes-Barre, PA Phone: (570) Toll-Free: (800) Fax: (570) HAZLETON BRANCH 983 N. Sherman Court Hazleton, PA Phone: (570) Toll-Free: (800) Fax: (570) PLAINS BRANCH 501 E. Main Street Plains Township, PA Phone: (570) Toll-Free: (800) PRSRT STD U.S. Postage PAID Wilkes-Barre, PA Permit #413 Click Forms & Applications Link Then Click Choice One Fee Schedule Please follow us on Social Media for the most up to date news and information from Choice One. yo can use! Holiday Closings 2017 NEWS Quote Of The Quarter Always make a total effort, even when the odds are against you. Arnold Palmer Choice One Community FCU P.O. Box Fort Worth, TX Reminder: Update Your Insurance If you have an Auto or Home Equity Loan with Choice One, please contact your insurance agent and change the lien holder address to: Independence Day Tuesday, July 4 Labor Day Saturday, September 2 Monday, September 4 Columbus Day Monday, October 9