2 Discounts for hire cars & automotive services. 3 Promo Nius: Loan & Fly 4 Timely remittance of. 5 Membership reachers. 6 NCSL supports local

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1 NCSL Vibe - Monthly Newsletter Volume 2. Issue 9 VOLUME 2, ISSUE 9 September 2017 We communicate NCSL activities and results INSIDE THIS ISSUE 2 Discounts for hire cars & automotive services 3 Promo Nius: Loan & Fly 4 Timely remittance of contributions is necessary 5 Membership reachers out to Wainamasile Village, WNBP 6 NCSL supports local village to rebuild homes 7 Member Feature Story Member Toktok NCSL Haus, Douglas Street, Lot 3, Section 4, Port Moresby, P.O Box 7732, Boroko, National Capital District, PNG Port Moresby: Staff of the Department of Provincial and Local Government Affairs (DPLGA) interested in the benefits of the NASCARE Insurance product as NCSL s Member Services Manager Robert Thadeus and the NASCARE team go through the Insurance product with them at their head office. With NCSL s membership now open to government departments and public servants, NCSL s NASCARE team is already on its toes to register new members under NASCARE Insurance Plan. Member Services Manager, Mr Robert Thadeus, and NASCARE team conducted an awareness presentation at the Department of Provincial and Local Government Affairs-Project Management Unit. Finance Officer Mr Tobana Dalele said, the team was interested to join shortly after learning of the benefits they will get under NASCARE once they become a member of NCSL. He said from the 14 staff in the Project unit, only 3 were contributing to NCSL but not covered under NASCARE Insurance. I ve known about NCSL from my previous employment and that was when I joined but was not well aware of the NASCARE Insurance, said Tobana. Since the project started, we were not covered under any insurance policy but we are now looking forward to insure our colleagues and families under NASCARE with NCSL. We want to benefit from NCSL s products, said Tobana.

2 Volume 2, Issue 9 NCSL Vibe - Monthly Newsletter Discounts for hire cars & automotive services Have you been receiving instant discounts or shopping vouchers through Value Back Loyalty Program (VBLP)? Financially empowering NASFUND members VISION STATEMENT To become a one-stop-shop bank by 2020 MISSION STATEMENT To improve the quality of our members lives through security, returns, services and product range we offer. VALUE STATEMENT Customer service is our first priority. We rely on teamwork to achieve our goal. We treat each other with trust, respect, consideration and courtesy. We operate with honesty and integrity. We never turn a blind eye to corruption of any kind. We encourage efficient use of time. We encourage and reward skill level, progress and contribution. We are responsible for our actions. We provide necessary training and equipment. We include the necessary people in decision making. We empower people to make and carry out decisions. We are a learning organization. We communicate NCSL activities and results. We support community activities without impacting on members funds. Well, you can enjoy more discounts at various service providers nationwide. This is a great opportunity to save money through purchases made at service provider outlets participating in NCSL s Value Back Loyalty Program. NCSL continues to expand its Loyalty Program to allow members to receive discounts and recent additions to the program include companies in hire / rental car and automotive services. The Society has registered a total of 86 new service providers and aims to grow these to 100 by the end of the year with the focus on ensuring that there is an equal number of participating service providers in each province so that every member nationwide enjoys these discounts. Team Leader Marketing & Client Relations Ms. Evelove Farapo said, The VBLP is a scheme aimed at member retention and to reward loyalty. Members are encouraged to obtain their membership identification (ID) card so that they can receive instant discounts when paying cash for purchases and/or obtaining shopping vouchers by making purchases through loans obtained against their NCSL savings. Ms. Farapo said that the Society has identified prospective service providers and is working towards ensuring that service agreements are signed and in place for members to enjoy whilst being an active contributing member of the Society. Last month, 7 new service providers were registered under the VBLP and these are; 1. MILNE BAY HARDWARE (Alotau) offering 20% discount on all items; 2. MARANATA MEDICAL SERVICES (Port Moresby) offering 15% on general medical services; 3. HERTZ RENT A CAR offering 10% on all car rental services; 4. JR REPAIRS offering 10% on all automotive & mechanical services; 5. NESA PNG FOAM offering 10% on selected products; 6. KOKOPO BEACH BUNGALOW RESORT offering 10% on Executive Bungalow 7. HANDYMAN HARDWARE offering 7% on all products; All members are urged to obtain a membership ID card to enjoy these discounts. Discounts apply to regular priced items so the next time you shop, make sure to bring along your membership ID card. For more information regarding Value Back Loyalty Program (VBLP), marketing@ncsl.com.pg or call We protect the reputation of NCSL by behaving ethically. 2

3 NCSL Vibe - Monthly Newsletter Volume 2. Issue 9 PROMO NIUS: LOAN & FLY Twelve lucky members recently won a weekend get-away for 2 people to Kokopo Village Resort flying PNG Air. Members who obtained loans of K1, or more were automatically entered into the draw upon approval of the loan application. The following were announced as winners of the promotion on 15th September 2017: NO. NAME EMPLOYER 1. SIMEON KUMA BOINAMO ENTERPRISES LTD 2. CATHERINE IMAROTO STAR HR LTD 3. MARIA MOY STEEL INDUSTRIES LTD 4. STEVEN URI HIDDEN VALLEY SERVICES LTD 5. KAPINA SUAM IDEAL AUTO PARTS LTD 6. ANTON UMBLADA PAPUA NEW GUINEA DOCKYARD LTD 7. VICTOR OVIA ANITUA CONSTRUCTION T/A GDA FABRICATIONS 8. LAVI KISO ANITUA MINING SERVICES 9. LINET PHILIP NIUGINI TABLE BIRDS LTD 10. ALVIN PAISON NEW BRITAIN PALM OIL LTD - MAIN 11. PHILIP NINGE INTERNATIONAL SOS (NIUGINI) LTD 12. CHRIS INAIDO SOUTH PACIFIC BREWERY LTD The Society runs quarterly promotions to help drive membership growth and to support its lending activity whilst also promoting and building business relationships with partner companies. NCSL s promotional draws are computerised and member details are randomly generated by the operating system from loans which are approved during specified promotional periods. We acknowledge PNG Air Ltd and Kokopo Village Resort for their generous support in providing these fabulous prizes and look forward to their continuous support in 2018 and beyond. Winners acknowledgements: Hi Evelove, This is such a wonderful birthday present for me as it falls due on the 30 th October. Thank you NCSL. Kind regards Chris Thank you NCSL Team for such promotion. I will surely relay the message to Mr Kuma. Kind Regards, Ellie Miriam Pep (Mrs.) Hi Eve, Thank you so much for the welcoming notification. This would be the first promotion winning ever in my entire life.. :)Thank you NCSL! Philip NINGE 3

4 Volume 2, Issue 9 NCSL Vibe - Monthly Newsletter Regular updating of member contributions is vital and all employers are urged to remit contributions in a timely manner for balance update. Updated balances enable members to repay loans promptly, do savings withdrawal and/or obtain loans. Officer-in-Charge of Banking & Receipting, Ms. Olive Maurice, says delayed remittance of members contributions by employer results in delayed updating of members savings and loan balances. When employers/payroll officers delay sending through their contributions schedules, members savings balances are not updated and their loan repayments are delayed, the latter attracting unnecessary interest on their loan balances, Ms Maurice said. We have received complaints from members who view their balances online and notice that their contributions have not been updated, and this is due to their payroll and human resource (HR) representatives not remitting on time. Importantly, with regards to processed loans, Ms. Maurice reminded and emphasised that NCSL sends out notification to HR or payroll representatives once a loan is granted and they (HR/Payroll) must ensure to immediately update their repayment records with the correct loan repayment amount, to be effective the following pay period. All NCSL loan repayments should be remitted on time every fortnight or month, as and when they fall due. Employers are reminded that every late remittance of a repayment results in loans becoming delinquent which also adversely impacts on the members credit history and may affect their ability to borrow in the future. While members contribute to their savings via salary deduction, they can also do individual deposits to avoid delays. With direct bank deposits, members must ensure to have their name and membership number stated on the deposit slips for ease of allocation to members account. Refer below are the other ways members can deposit: When employers/payroll officers delay sending through their contributions schedules, members savings balances are not updated and their loan repayments are delayed, the latter attracting unnecessary interest on their loan balances, EFTPOS facility at NCSL branches; Internet & mobile SMS banking, and Direct deposit (refer banking details provided ) BANK BSP ANZ Westpac Account number Type CHEQUE CHEQUE CHEQUE Branch PORT MORESBY BOROKO WAIGANI Employers are encouraged to use the Employer Online Portal to authorise loan applications. To register, send an to banking@ncsl.com.pg or call

5 NCSL Vibe - Monthly Newsletter Volume 2. Issue 9 Bialla West New Britain: People of W ainamasile at their meeting ground to listen to financial awareness and the importance of saving. The session was conducted by NCSL Bialla branch officer, Mr Willie Sesega, pictured in the centre. Encouraging a savings culture is an important aspect of growing wealth and empowering people and NCSL continues to carry out financial awareness to reach out to people in not only urban townships but rural areas as well. NCSL s Bialla Branch officer, Mr Willie Sesega conducted a week long awareness program to the people of Central and East Nakanai in Bialla, on the importance and benefits of saving money. Mr Sesega said most people who attended the awareness session were interested in the different savings accounts and the low loan interest rate offered by the Society. The locals who attended were mostly oil palm growers who wanted an insight into how best NCSL can assist them. Wilelo village: over 70 participants attended to learn about NCSL. Malasi Village: over 90 attendees. Barema Village: Over 100 participants attended to know about NCSL. 5

6 Volume 2, Issue 9 NCSL Vibe - Monthly Newsletter NCSL Supports Local Village to Rebuild Homes Port Moresby, Hanuabada Village: General Manager and staff representatives presenting a cheque of K to the Hanuabada Village Fire Appeal Executive, Lohia Boe Samuel. In today s business world, one of the key basis to building strong relationships is through community oriented service whether it be in kind or financial. Early last month, NCSL paid a visit to a near-by local Motuan village of Hanuabada in National Capital District to financially assist in the rebuilding of the 18 homes which were destroyed by fire. The Hanuabada Village Fire Appeal Executive, Mr. Lohia Boe Samuel said 18 houses were burnt down during the fire and families had lost their homes and belongings. He thanked NCSL for its financial support to assist the villagers rebuild their homes. Society s General Manager Mr Vari Lahui said this donation is part of NCSL s contribution towards community activities which has included participation in general cleaning around the city in the past as well as donations to various medical appeals. We hope our donation will go some way in rehabilitating the villagers that have lost their homes in this terrible incident and help them rebuild their lives. For any queries, complaints, suggestions and feedback please complaints@ncsl.com.pg This will also assist us to improve our services and standards to satisfy our members. 6

7 NCSL Vibe - Monthly Newsletter Saving with NCSL helped purchase my vehicle Volume 2. Issue 9 We value your comments and queries to help us assist you and also to improve on our services. Rabaul: James Kowie showing off his second hand Hilux that he purchased with a personal loan from NCSL early this year. For me, saving with NCSL has greatly assisted me to meet my personal and family needs says James Kowie. I joined NCSL with the intention to save for my short term and immediate financial needs and found NCSL to be the right place to save my money. Not just saving, but my savings was also earning an interest every month. This motivated me to continue saving more as I had one goal to achieve. Through my savings, NCSL helped with me a personal loan to purchase my second hand Hilux early this year which I now travel in style in my home town Rabaul. After I learnt about NCSL and seeing the benefits of saving with the Society, I ve always NCSL helped me with a personal loan to encouraged my family members, purchase my second colleagues and friends to start hand Hilux. saving seriously with NCSL. NCSL is also helping a lot of members in Bougainville to buy personal items, and also supporting members with loans that can even be used for housing or rental purposes besides others, said James as a long time resident in Buka. I ve seen my savings grow with interest earned and the 1% monthly loan interest charged on my loan account is affordable to repay fortnightly. And you still can save while repaying your loan. It s very convenient and reliable, James said. So start saving now if you re not yet a member with NCSL and see your savings grow Have an interesting story of how your NCSL savings assisted you in meeting a financial need? Share your story with us by sending an to newsletter@ncsl.com.pg Find & Join Us on Facebook NCSL Closed Group NCSL s NCSL s Closed Group Closed Facebook Group page Facebook is a Corporate page page is a and we intend to maintain professionalism in serving Corporate page and we intend to maintain members, therefore members are advised to use real professionalism in serving members, therefore names so Admin staff can quickly identify and assist you. members are advised to use real names so Admin staff can quickly identify and assist you. 7

8 Volume 2, Issue 9 NCSL Vibe - Monthly Newsletter STORY & COMPILATION Ms. Ursula-Jane Bogg Media & Communications Officer GRAPHICS & LAYOUT Mr. Freddie Vaieke Graphics Officer EDITOR Ms. Evelove Farapo Marketing & Client Relations Team Leader 8