February Big Red Banking. for the employees of Cornell University

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1 Big Red Banking for the employees of Cornell University

2 Table of Contents Company Profile... 3 Workplace Checking... 4 Going Places?... 5 Financial Concierge Services... 6 Helping New Employees Call Central New York Home More Than a Bank...10 Tompkins Trust Company Leadership...11 Branch and ATM Locations

3 Tompkins Trust Company Founded in 1836, Tompkins Trust Company is a full-service, locally managed community bank with 13 branches serving the Tompkins County area, Auburn, Cortland and Syracuse in Central New York. Because our senior management is locally based, we have first-hand understanding of this community and a unique commitment to the vitality of its businesses and families - we live here too. Backed by the strength of our parent company, Tompkins Financial, we have the ability to offer innovative and convenient financial services while still maintaining the personal touch of community banking. This strength allows us to be locally focused, while offering a world of possibilities. Community Involvement ACTIVELY LENDING TO OUR COMMUNITY S FAMILIES AND BUSINESSES Tompkins Trust company is an economic leader in the Finger Lakes region, providing home mortgage and business loans. As a community bank, we reinvest the deposits we hold as loans to local businesses and families, helping the economy and employment in this area. Our credit decisions are made locally, by experienced lenders who know our clients personally and have a first-hand knowledge of the area s economy. SUPPORTING OUR COMMUNITY S ORGANIZATIONS Tompkins Trust Company is dedicated to enhancing the vitality of our community through the support of numerous local economic, arts, education, and health-related organizations. Each year we donate more than a quarter of a million dollars to 200 plus organizations and non-profits. Additionally, our employees contribute countless hours of community service and fundraising activities for area organizations. Tompkins Trust Company is a Preferred Partner of Cornell Athletics 3

4 Workplace Checking Tompkins Trust Company is pleased to offer a convenient and reliable workplace checking program for Cornell University employees. We understand that convenience is important to the Cornell community, so we make banking easy and customer friendly. Hassle-Free Workplace Checking 1 Enjoy this account without paying monthly maintenance fees with your Cornell direct deposit 2 and estatements Free estatements ($2.50 maintenance fee for paper statements) Reimbursement of non-tompkins ATM fees 3 Convenient access to a branch and 24-hour ATM in the Cornell Campus Store, plus ATMs in Bartles Hall, the Robert Purcell Center and Collegetown. 13 branch locations and 24 ATMs throughout the region Convenient and secure Debit MasterCard 4 Other Benefits: Free Internet Banking with Bill Pay Free Mobile Banking with text alerts 5 and Mobile Check Deposit 0.25% annual percentage rate off consumer installment and fixed rate home equity loans with auto pay Mortgage Application Fee Savings 6 - enjoy a refund of $175 at loan closing International Services (SWIFT code for wire transfers) Some of the other Personal Banking services we offer include: Savings Accounts Certificates of Deposit Health Savings Accounts Credit Cards 7 Wealth Management Insurance TompkinsTrust.com 1 Minimum balance to open account in branch is $0. Minimum balance to open online account is $25. 2 Direct deposit must originate from Cornell University. If direct deposit is terminated or if employment with Cornell ceases, account is converted to a Direct Checking account. This account has a monthly maintenance fee of $8. Receive a monthly credit of $8 when you do one of the following during each monthly statement cycle and by enrolling in estatements: receive direct deposits totaling $500 or more, OR use your debit card to make 10 or more purchases. A monthly maintenance fee of $2.50 applies to this account for paper statements. Receive a monthly credit of $2.50 when you enroll in estatements. Credits mentioned above will be applied to the maximum total monthly maintenance fee of $10.50 per statement cycle. 3 Up to $12 per month will be refunded. 4 MasterCard and the MasterCard brand mark are registered trademarks, used pursuant to a license. 5 Your wireless telecommunications provider may charge you for data usage. Check with your provider for details regarding your specific wireless plan and any data usage charges that may apply. 6 All loans subject to credit approval, income and other qualifying guidelines. 7 Elan Financial is the creditor, issuer and servicer. 4

5 Going Places? Enjoy convenient access to Tompkins ATMs Use your Tompkins debit MasterCard 1 at any of the more than 60 ATMs throughout the Tompkins Financial system 2 across Central and Western New York, the Hudson Valley and Southeastern Pennsylvania. Tompkins Trust Company Ithaca, Syracuse & the Finger Lakes region of Central New York TompkinsTrust.com Tompkins Bank of Castile Rochester & Western New York BankofCastile.com Tompkins Mahopac Bank Hudson Valley MahopacBank.com Tompkins VIST Bank Southeastern Pennsylvania VISTBank.com TompkinsTrust.com 1 MasterCard and the MasterCard brand mark are registered trademarks, used pursuant to a license. 2 Fees may apply at ATMs not owned by Tompkins Financial. If you use another bank s ATM, we ll waive our $1 fee; the other bank may charge a fee. Up to $12 per month will be refunded with Workplace Banking account type. 5

6 Financial Concierge Services Many people think it s difficult to switch banks. We ll help you through the process. Tompkins Trust Company provides concierge services to ensure a smooth transition for new Cornell employees moving to the area. We ll not only help you with all of your family financial needs, we ll help integrate you and your family into the community by connecting you with our hand selected, financial service specialist. We understand that moving a banking relationship is stressful and time consuming. With Tompkins Trust Company s Concierge Services, we ll handle the details of the transition and help you and your family feel financially secure in your new community. We will take care of all your personal banking needs, as well as insurance and investments through our affiliates. Callyn Pyhtila is available to answer your calls, s, or questions. Whether you want to set up internet banking or learn more about the community you ve just moved to, Callyn can help! Callyn Pyhtila, Financial Concierge Branch Manager, East Hill Plaza cpyhtila@tompkinsfinancial.com NMLS# TompkinsConcierge@TompkinsFinancial.com 6

7 Calling Central New York Home Mortgage Services Are you new to the area or ready to put down roots? We re here to help make your move easier. Tompkins Trust Company offers a variety of mortgages to help you become a part of the Central New York community. Our dedicated team of mortgage professionals can help find the right loan to meet your needs. Mortgage Types Conventional Fixed Adjustable Rate Mortgages (ARMS) FHA Mortgages VA Mortgages Special First Time Home Buyer Program Specialized Mortgage Programs Construction Draw Financing Programs Pricing Options to pay some or all Closing Costs SONYMA Our intuitive online application makes the pre-qualification process simple. Visit: tompkinstrust.com/mortgages TompkinsTrust.com/mortgages Rates and programs are subject to change without notice, and subject to credit approval. For adjustable rate mortgages, the rate may increase during the term of the loan. Programs described are for owner occupied properties only. Additional rates and charges may apply for other property types. Homeowners Insurance is required. Flood Insurance may be required. Consult a tax advisor regarding interest deductibility. Call one of our Mortgage Loan Officers for more information. Loans subject to credit approval, income and other qualifying guidelines. 7

8 Calling Central New York Home Recruitment of New Employees Key Component for Financing For recruitment of new employees, Tompkins Trust Company will allow for income from future Cornell employment, to commence up to 60 days after the loan closing on the new home in the greater Cornell market area, with the following conditions: The Borrower s employment offer must be a permanent non-contingent offer and the noncontingent offer letter must be retained in the Mortgage file. The Borrower s written acceptance of the employment offer must be retained in the Mortgage file. The time frame between the Mortgage Note Date and the commencement of employment (the employment gap) must not exceed 60 days. Mortgage must be a purchase transaction Mortgage secured by a 1-unit Primary Residence. The Borrower must have adequate cash reserves after the Note Date to pay the monthly principal, interest, taxes and insurance during the employment gap plus one additional month. All lending programs have income, credit and qualifying requirements. Tompkins Trust Company has a number of experienced Mortgage Loan Officers in the greater Cornell market area who are willing to meet with your current or potential employees to discuss individual needs and requirements. Consult with a mortgage loan officer to confirm eligibility TompkinsTrust.com/mortgages Rates and programs are subject to change without notice, and subject to credit approval. For adjustable rate mortgages, the rate may increase during the term of the loan. Programs described are for owner occupied properties only. Additional rates and charges may apply for other property types. Homeowners Insurance is required. Flood Insurance may be required. Consult a tax advisor regarding interest deductibility. Call one of our Mortgage Loan Officers for more information. 8

9 Calling Central New York Home We re here to help make the move to the region easier for anyone new to the exciting home buying process. First Time Home Buyer Program Available for all Cornell employees. Income restrictions on some benefits unit properties 2. Refund of up to $175 of application fee at mortgage closing when a Workplace Checking account is opened 3. Provide pricing options to allow some or all of the closing costs to be paid by a premium rate rebate pricing option 4. For borrowers meeting low or moderate income guidelines and completing an accredited First Time Home Buyer Course: - Financing up to 100% of the property s appraised value or sales price (whichever is lower) with no private mortgage insurance (PMI). Talk to a Mortgage Loan Officer to determine specific requirements. - Ability to utilize grants and loans as available by accredited not-for-profit housing agencies (such as Ithaca Neighborhood Housing Services). First Home Club Savings Program Available for all Cornell employees meeting low/moderate income guidelines and completing an accredited First Time Home Buyer Course. 1. Matches $4 for every $1 saved by the borrower up to a maximum match of $7,500 to be utilized for the purchase of a first home. 2. Borrower must credit and income qualify with a Mortgage Loan Officer to enroll in this program 3. Borrower must systematically save a set amount over a minimum of 10 months and not to exceed 24 months 4. Borrower must meet federal definition of a first time home buyer (no ownership interest in a residential property within the most recent 3 tax years). Consult with a Mortgage Loan Officer to confirm eligibility. Loans subject to credit approval, income and other qualifying guidelines. Rates and programs are subject to change without notice, and subject to credit approval. For adjustable rate mortgages, the rate may increase during the term of the loan. Programs described are for owner occupied properties only. Additional rates and charges may apply for other property types. Homeowners Insurance is required. Flood Insurance may be required. Consult a tax advisor regarding interest deductibility. Call one of our Mortgage Loan Officers for more information TompkinsTrust.com/mortgages 9

10 We re More than a Bank Through our partnerships with Tompkins Financial Advisors and Tompkins Insurance Agencies, we offer a comprehensive suite of financial products and planning services to meet your needs. Tompkins Financial Advisors Since 1891, Tompkins Financial Advisors are the trusted advisors that help generations of families grow, protect and distribute their wealth to assist them in pursuing their long-term financial goals. We do this by providing customized financial and estate planning strategies, prudent wealth management and an unrivaled client experience. Investment Services Tax Planning Trust and Estate Planning Retirement Planning 401(k) Rollovers Personal Risk Management Business Succession Planning Tompkins Insurance Agencies Protecting Your Most Valued Assets The roots of Tompkins Insurance Agencies, Inc. go back more than 100 years, as trusted advisors to small and large businesses throughout New York and Pennsylvania. We provide a full range of personal and commercial insurance and employee benefits products and services. We are proud to deliver personal, local insurance programs through trusted advisors who live and work in the communities we serve. We have established strong relationships with leading regional and national insurance carriers, which enable us to find the right combination of coverages to meet our customers specific needs, at the right price. What Makes Us Different? Trained professionals with roots in the communities we serve Personalized programs for your unique needs Unrivaled customer service Industry leading 99% customer claims satisfaction rating* TompkinsIns.com TompkinsFinancialAdvisors.com Insurance and investment products are not a deposit, are not FDIC insured, are not guaranteed by the bank or any federal government agency, and may lose value. *Customer claims satisfaction rate based on surveys conducted after each personal claim. 10

11 Tompkins Trust Company Leadership Greg Hartz, President and CEO Tompkins Trust Company P: F: Helen Talty, Senior Vice President Manager of Community Banking P: F: Main Office 110 N Tioga Street (607) TompkinsTrust.com 11

12 Convenient Locations in Central New York Cornell Campus Store Cornell University Campus Full Service 24-Hour ATM Cornell Community ATM Locations Bartels Hall Lobby, 554 Campus Rd. Cash Dispense, open during building hours Robert Purcell Center, First Floor Cash Dispense 24-Hour ATM Collegetown Dryden Rd. & College Ave, Entry Vestibule Cash Dispense 24-Hour ATM Cortland County Cortland Office 36 Main Street Cortland, NY Cayuga County Auburn Office 86 North Street Auburn, NY Onondaga County Lyndon Corners Office 6872 East Genesee Street Fayetteville, NY Tompkins County Dryden Office North Street Extension (Rt 13) Dryden, NY East Hill Plaza 1012 Ellis Hollow Road Kendal (limited service for the Kendal Community) 2230 N. Triphammer Road Main Office The Commons Plaza Office 775 South Meadow Street Triphammer 2251 North Triphammer Road Trumansburg Office 2 West Main Street (Rt. 96) Trumansburg, NY West End Office 701 West Seneca Street Schuyler County Odessa Office 100 West Main Street Odessa, NY

13 Convenient Locations in Central New York Additional ATM Locations Ithaca Cayuga Medical Center 101 Dates Dr., 2nd Floor Full Service 24 Hour ATM Center Ithaca Ithaca Commons Cash Dispense 24 Hour ATM Ithaca College Student Center Vestibule Full Service 24 Hour ATM Ithaca College Circle Appartments Circles Community Building Full Service 24 Hour ATM Shortstop Deli 200 W. Seneca St. Cash Dispense 24 Hour ATM Dryden Tompkins Cortland Community College Athletic Field House 170 North St. Cash Dispense 24 Hour ATM Lansing Lansing 3109 N. Triphammer Rd. Cash Dispense 24 Hour ATM The Shops at Ithaca Mall Catherwood Rd., Food Court Cash Dispense, open during store hours 13