Spring 2018 COMING SOON: Secure Login Codes in ebanking At cport, our members information security is our highest priority. To enhance the security of ebanking for our members, we are launching Secure Login Codes. Each time you log in from a new device or browser, a secure code will be sent to your phone by text message or voice call. You ll just need to enter the code into ebanking to complete your login. This added layer of security confirms that you are present at every login attempt and helps prevent potential fraudsters from accessing your account. We ll be sending more information to ebanking users in the coming weeks about how to enroll with Secure Login Codes, and all information will be accessible at cportcu.org.
Message from the CEO Happy Spring! Spring means longer days, warmer weather, and new growth. At cport, it is through our loyal member referrals, feedback, and continued business that we as a credit union can grow. We grow by making connections, and we would like to thank our members for referring their family and friends to cport by offering a $75 Refer-a-Friend bonus year-round. We hope you will join us for our Annual Meeting on Wednesday, May 2, at 7:30am. We will discuss cport s performance and activities in 2017 and offer a light continental breakfast for guests. Join us at cport s Annual Meeting Wednesday, May 2 rd, 2018 at 7:30 am Riverside Branch Main Office, Portland Join us for our Annual Meeting to hear reports on cport s performance and activities in 2017 from our Board of Directors and President and CEO. Continental breakfast will be served. All members are welcome! Please RSVP to info@cportcu. org or 1-800-464-0253 by April 26 th if you plan to attend. Our new 35 Middle Street Portland branch construction is progressing well; the building s steel frame will be completed in April! Construction will continue through the fall with a scheduled late December opening. Visit our website for updates on the branch s development. We re excited to be joining this vibrant Portland neighborhood to better serve our members. Spring is also a great time for home buying and home improvements. cport has a full range of home loan products for buying a new home or improving the home you re in. Call us at 1-800-464-0253 or stop by your local branch to speak to a Member Service Representative about the home loan option that best fits your needs and budget. I hope that you enjoy the warmer weather and longer days this spring in Maine. If you have any suggestions or questions about how cport can better serve you, please feel free to contact me at 207-253-4111 or eardito@cportcu.org. Sincerely, Gene Ardito President & CEO
Getting Started with a cport Home Loan Whether you are a first time home buyer or an experienced home owner, cport is here to help you with your next home purchase. We offer a wide range of mortgage options to fit your needs and lifestyle: First mortgages on primary residential homes, second homes, investment properties, 2-4 unit properties, condominiums, and modular homes Fixed rate mortgages with terms from 5 to 30 years Adjustable rate mortgages (ARMs) CU Promise loans Land loans We can help you determine what your mortgage needs are and assist you with pre-qualification. First, you ll have an initial conversation with one of our loan officers about your home buying goals and your ideal price range. We ll start with a few general questions: Do you have a down payment? If you have, or are saving toward, a down payment for your home, that will help us guide you toward the mortgage product that will be the best fit for you. We offer products for 20%, 10%, and 3% down payments. FREE FINANCIAL EDUCATION WORKSHOPS FOR MEMBERS SAVE THE DATE! Membership Appreciation week is July 31st-August 3rd! Check out these free, one-hour workshops offered to all cport members! If you d like to attend, please sign up at cportcu.org/workshops or give us a call at 1-800-464-0253. When are you looking to buy? Having a sense of where you are in your home buying process will help us determine your best next steps. It s also helpful for us to know what kind of home you re looking for, like a single family, condo, or multi-unit. Whether you re just starting out, or you have a specific home in mind, we can outline the process based on our regulatory timeframe. To help you achieve your financial goals, we ve created a suite of Financial Education Workshops, presented by cport staff. It is our vision to deliver the best financial experience to our members, and we hope through these free, one-hour workshops, you will further your financial knowledge. We hope you will take advantage of these workshops, and bring along your friends and family, too. The mortgage application process takes at least 45 days to close. We ll also let you know our general credit guidelines and what documentation you ll need to provide with your application. Ready to get started? Call us today at 1-800-464-025 or email info@cportcu.org to speak with one of our loan officers. We also have options for Home Equity Lines of Credit including: I nterest Only HELOC Lower monthly payments through the draw period offer increased payment flexibility over a shorter timeframe. Monthly payment: The interest accrued on your balance each month during the draw period What is your budget for a monthly mortgage payment? Fixed Rate HELOC All of the benefits of an interest only HELOC with interest rate security for the first 3 years. Rate: Fixed rate as low as 4.50% APR for 3 years, then variable Monthly payment: The interest accrued on your balance each month during the draw period We ll talk to you about your monthly income and expenses to determine what loan amount you might qualify for and a monthly mortgage payment range you would be comfortable with. Open Ended HELOC Enjoy the long-term flexibility of this HELOC with a predictable payment amount. Term: Indefinite Monthly payment: 1.5% of your outstanding balance If you would like to suggest Financial Education topics, we would love to hear your feedback. Please send your suggestions to info@cportcu.org and let us know what you are interested in learning more about! Car Buying Learn the basics of home buying, including: In this one-hour workshop we will cover: Augusta Branch Thursday, May 17th 12:30-1:30 pm Tuesday, May 8th 5:30-6:30 pm Thursday 8/2 - Friday 8/3 - Riverside Branch NEW MEMBERSHIP APPRECIATION EVENT! cport Party at Peaks Island! Sunday, August 5, 2018 Lions Club, Peaks Island Portland 12:30 4:00 pm Tickets: $20 per adult, $10 per child To finish off a great Membership Appreciation Week, join us for a lobster bake and a private Motor Booty Affair concert at the Lions Club on Peaks Island! The party begins at 12:30 pm. This event is kid-friendly and we encourage you to bring the whole family to celebrate summer in Maine! Beginners Guide to Home Buying Credit guidelines Down payment options Loan decision process Loan program options Tuesday 7/31 - Scarborough Branch Wednesday 8/1 - Augusta Branch How to apply for a car loan Car shopping basics How to work with a dealership Tickets will go on sale on April 2, 2018, and will be available on a first-come, first-served basis. Purchase them online at cportcu.org! When you purchase your ticket, you will select your lunch option of lobster, chicken, steak, vegetarian, or a kid s meal. Getting to Peaks Island: The full ferry schedule is available at www.cascobaylines.com. You can either purchase a ferry ticket online, or in person at the box office. We will also do our best to answer any specific questions you may have about the car buying process. Tuesday, April 17th 5:00-6:00 Ca r Bu g yin Please note, Sundays during the summer can get busy on the ferry, so be sure to arrive early to get a spot! The party begins at 12:30, so if you choose to take an earlier ferry, enjoy the island beforehand! (Check out the ice cream at Down Front!)
Getting Started with a cport Home Loan Whether you are a first time home buyer or an experienced home owner, cport is here to help you with your next home purchase. We offer a wide range of mortgage options to fit your needs and lifestyle: First mortgages on primary residential homes, second homes, investment properties, 2-4 unit properties, condominiums, and modular homes Fixed rate mortgages with terms from 5 to 30 years Adjustable rate mortgages (ARMs) CU Promise loans Land loans We can help you determine what your mortgage needs are and assist you with pre-qualification. First, you ll have an initial conversation with one of our loan officers about your home buying goals and your ideal price range. We ll start with a few general questions: Do you have a down payment? If you have, or are saving toward, a down payment for your home, that will help us guide you toward the mortgage product that will be the best fit for you. We offer products for 20%, 10%, and 3% down payments. FREE FINANCIAL EDUCATION WORKSHOPS FOR MEMBERS SAVE THE DATE! Membership Appreciation week is July 31st-August 3rd! Check out these free, one-hour workshops offered to all cport members! If you d like to attend, please sign up at cportcu.org/workshops or give us a call at 1-800-464-0253. When are you looking to buy? Having a sense of where you are in your home buying process will help us determine your best next steps. It s also helpful for us to know what kind of home you re looking for, like a single family, condo, or multi-unit. Whether you re just starting out, or you have a specific home in mind, we can outline the process based on our regulatory timeframe. To help you achieve your financial goals, we ve created a suite of Financial Education Workshops, presented by cport staff. It is our vision to deliver the best financial experience to our members, and we hope through these free, one-hour workshops, you will further your financial knowledge. We hope you will take advantage of these workshops, and bring along your friends and family, too. The mortgage application process takes at least 45 days to close. We ll also let you know our general credit guidelines and what documentation you ll need to provide with your application. Ready to get started? Call us today at 1-800-464-025 or email info@cportcu.org to speak with one of our loan officers. We also have options for Home Equity Lines of Credit including: I nterest Only HELOC Lower monthly payments through the draw period offer increased payment flexibility over a shorter timeframe. Monthly payment: The interest accrued on your balance each month during the draw period What is your budget for a monthly mortgage payment? Fixed Rate HELOC All of the benefits of an interest only HELOC with interest rate security for the first 3 years. Rate: Fixed rate as low as 4.50% APR for 3 years, then variable Monthly payment: The interest accrued on your balance each month during the draw period We ll talk to you about your monthly income and expenses to determine what loan amount you might qualify for and a monthly mortgage payment range you would be comfortable with. Open Ended HELOC Enjoy the long-term flexibility of this HELOC with a predictable payment amount. Term: Indefinite Monthly payment: 1.5% of your outstanding balance If you would like to suggest Financial Education topics, we would love to hear your feedback. Please send your suggestions to info@cportcu.org and let us know what you are interested in learning more about! Car Buying Learn the basics of home buying, including: In this one-hour workshop we will cover: Augusta Branch Thursday, May 17th 12:30-1:30 pm Tuesday, May 8th 5:30-6:30 pm Thursday 8/2 - Friday 8/3 - Riverside Branch NEW MEMBERSHIP APPRECIATION EVENT! cport Party at Peaks Island! Sunday, August 5, 2018 Lions Club, Peaks Island Portland 12:30 4:00 pm Tickets: $20 per adult, $10 per child To finish off a great Membership Appreciation Week, join us for a lobster bake and a private Motor Booty Affair concert at the Lions Club on Peaks Island! The party begins at 12:30 pm. This event is kid-friendly and we encourage you to bring the whole family to celebrate summer in Maine! Beginners Guide to Home Buying Credit guidelines Down payment options Loan decision process Loan program options Tuesday 7/31 - Scarborough Branch Wednesday 8/1 - Augusta Branch How to apply for a car loan Car shopping basics How to work with a dealership Tickets will go on sale on April 2, 2018, and will be available on a first-come, first-served basis. Purchase them online at cportcu.org! When you purchase your ticket, you will select your lunch option of lobster, chicken, steak, vegetarian, or a kid s meal. Getting to Peaks Island: The full ferry schedule is available at www.cascobaylines.com. You can either purchase a ferry ticket online, or in person at the box office. We will also do our best to answer any specific questions you may have about the car buying process. Tuesday, April 17th 5:00-6:00 Ca r Bu g yin Please note, Sundays during the summer can get busy on the ferry, so be sure to arrive early to get a spot! The party begins at 12:30, so if you choose to take an earlier ferry, enjoy the island beforehand! (Check out the ice cream at Down Front!)
Getting Started with a cport Home Loan Whether you are a first time home buyer or an experienced home owner, cport is here to help you with your next home purchase. We offer a wide range of mortgage options to fit your needs and lifestyle: First mortgages on primary residential homes, second homes, investment properties, 2-4 unit properties, condominiums, and modular homes Fixed rate mortgages with terms from 5 to 30 years Adjustable rate mortgages (ARMs) CU Promise loans Land loans We can help you determine what your mortgage needs are and assist you with pre-qualification. First, you ll have an initial conversation with one of our loan officers about your home buying goals and your ideal price range. We ll start with a few general questions: Do you have a down payment? If you have, or are saving toward, a down payment for your home, that will help us guide you toward the mortgage product that will be the best fit for you. We offer products for 20%, 10%, and 3% down payments. FREE FINANCIAL EDUCATION WORKSHOPS FOR MEMBERS SAVE THE DATE! Membership Appreciation week is July 31st-August 3rd! Check out these free, one-hour workshops offered to all cport members! If you d like to attend, please sign up at cportcu.org/workshops or give us a call at 1-800-464-0253. When are you looking to buy? Having a sense of where you are in your home buying process will help us determine your best next steps. It s also helpful for us to know what kind of home you re looking for, like a single family, condo, or multi-unit. Whether you re just starting out, or you have a specific home in mind, we can outline the process based on our regulatory timeframe. To help you achieve your financial goals, we ve created a suite of Financial Education Workshops, presented by cport staff. It is our vision to deliver the best financial experience to our members, and we hope through these free, one-hour workshops, you will further your financial knowledge. We hope you will take advantage of these workshops, and bring along your friends and family, too. The mortgage application process takes at least 45 days to close. We ll also let you know our general credit guidelines and what documentation you ll need to provide with your application. Ready to get started? Call us today at 1-800-464-025 or email info@cportcu.org to speak with one of our loan officers. We also have options for Home Equity Lines of Credit including: I nterest Only HELOC Lower monthly payments through the draw period offer increased payment flexibility over a shorter timeframe. Monthly payment: The interest accrued on your balance each month during the draw period What is your budget for a monthly mortgage payment? Fixed Rate HELOC All of the benefits of an interest only HELOC with interest rate security for the first 3 years. Rate: Fixed rate as low as 4.50% APR for 3 years, then variable Monthly payment: The interest accrued on your balance each month during the draw period We ll talk to you about your monthly income and expenses to determine what loan amount you might qualify for and a monthly mortgage payment range you would be comfortable with. Open Ended HELOC Enjoy the long-term flexibility of this HELOC with a predictable payment amount. Term: Indefinite Monthly payment: 1.5% of your outstanding balance If you would like to suggest Financial Education topics, we would love to hear your feedback. Please send your suggestions to info@cportcu.org and let us know what you are interested in learning more about! Car Buying Learn the basics of home buying, including: In this one-hour workshop we will cover: Augusta Branch Thursday, May 17th 12:30-1:30 pm Tuesday, May 8th 5:30-6:30 pm Thursday 8/2 - Friday 8/3 - Riverside Branch NEW MEMBERSHIP APPRECIATION EVENT! cport Party at Peaks Island! Sunday, August 5, 2018 Lions Club, Peaks Island Portland 12:30 4:00 pm Tickets: $20 per adult, $10 per child To finish off a great Membership Appreciation Week, join us for a lobster bake and a private Motor Booty Affair concert at the Lions Club on Peaks Island! The party begins at 12:30 pm. This event is kid-friendly and we encourage you to bring the whole family to celebrate summer in Maine! Beginners Guide to Home Buying Credit guidelines Down payment options Loan decision process Loan program options Tuesday 7/31 - Scarborough Branch Wednesday 8/1 - Augusta Branch How to apply for a car loan Car shopping basics How to work with a dealership Tickets will go on sale on April 2, 2018, and will be available on a first-come, first-served basis. Purchase them online at cportcu.org! When you purchase your ticket, you will select your lunch option of lobster, chicken, steak, vegetarian, or a kid s meal. Getting to Peaks Island: The full ferry schedule is available at www.cascobaylines.com. You can either purchase a ferry ticket online, or in person at the box office. We will also do our best to answer any specific questions you may have about the car buying process. Tuesday, April 17th 5:00-6:00 Ca r Bu g yin Please note, Sundays during the summer can get busy on the ferry, so be sure to arrive early to get a spot! The party begins at 12:30, so if you choose to take an earlier ferry, enjoy the island beforehand! (Check out the ice cream at Down Front!)
cportcu.org Toll free: 1-800-464-0253 CUPhone: 1-888-306-0033 MEMBER PROFILE Victoria s Milestones BRANCHES Portland Forest Avenue Portland, ME 04101 P: (207) 200-2300 Portland Riverside (Main Office) 50 Riverside Industrial Parkway Portland, Maine 04103 P: (207) 878-6200 Augusta Augusta, Maine 04330 P: (207) 623-1001 Victoria and her husband, John, came to cport for a Wedding Loan and Auto Loan and stayed for their relationship with their loan officer. Ember was there at the beginning of our financial journey with cport. She gave us our wedding loan and then years later, another very important loan. She never seemed inconvenienced or too busy for us. Working with Victoria and John, Ember listened to their needs and helped find the best financial solution for their family. She was there at the beginning of a very emotional journey when we were trying to figure out how we could afford to pay for IVF. She laid out every possible option and with her help we were able to pay for an IVF cycle, which resulted in our beautiful baby boy! Scarborough 313 US Route 1 Scarborough, Maine 04074 P: (207) 883-2448 Lobby Hours Monday Thursday: 8 am 5 pm Friday: 8 am 6 pm Saturday: 8 am 12 pm Drive-up Window Hours Monday Thursday: 7:30 am 5 pm Friday: 7:30 am 6 pm Saturday: 8 am 12 pm Federally insured by NCUA Equal Housing Lender 2018 cport Credit Union The articles in this publication are for general information only and are not intended to provide specific advice or recommendations for any individual. We suggest you consult your attorney, accountant, financial or tax adviser with regard to your individual situation. cport s 2019 Calendar Photo Contest Calling all Photographers! We want to feature YOUR photos in our 2019 cport Credit Union calendar, which which we give to members in our branches for free each December. We will be choosing 12 photos to be included in the calendar, plus one Grand Prize winner will get $150 and be featured on the cover of the calendar! (Photos must be at least 300 DPI and horizontally oriented.) To Enter: Submit digital photos to photo@cportcu.org by July 15, 2018. Questions? For full contest guidelines, visit cportcu.org/photo. Holiday Closings (cport s Holiday Closings are determined by the Federal Reserve s closings calendar.) May 29 th, 2018: Memorial Day