PDF - Notre Dame FCU

A Publication for the Members of Notre Dame FCU
Fall 2014
Mortgage Services Moves to its New Bittersweet Location!
and ensuring a hassle-free transition. The team works with
members to assist with the mortgage process while also
servicing other financial needs such as a new checking
account, auto loan or home equity loan.
The Notre Dame FCU Mortgage
Experience is Different and Better
The Notre Dame Federal Credit Union Mortgage
Services team continues to expand and grow, and after
comprehensive analysis it was determined that the
best way to provide mortgage service to our members
was to expand our Mortgage Services team with a new
location and bigger facility at our Bittersweet location. The
Bittersweet Branch ATM on the exterior of the building
remains available 24/7, however walk-in and drive-up
banking is no longer offered.
“Mortgage has been key to Notre Dame FCU growing its
assets under management by 10% over the last four years
and we expect that growth to continue into the future,” said
Director of Mortgage Services Matt Highbarger. The new
center provides room for additional staff members as well
as providing private meeting space for members to meet
with mortgage lenders, offering a higher level of service to
members.
New to the Mortgage Service Center is the Concierge
Services Team! This new service focuses on simplifying
members moving their finances from other institutions
Unique Mortgage Concierge Service – A Team Approach
to Financial Affairs
Mortgage members receive both the assistance of a
dedicated Mortgage Loan Originator and an additional
Mortgage Concierge partner who serves as an expert on all
things Notre Dame FCU.
Underwriting and Processing Team under One Roof
Loan originators can speak face-to-face with everyone
involved in the process at any point in time, which avoids
delays.
Experience and Market Knowledge
Our team has decades of cumulative experience and
market knowledge to give members a positive mortgage
experience.
Service Stays Here
Notre Dame FCU currently retains servicing on virtually
every originated loan. During the life of your loan, we are
here to answer your questions.
If you are considering purchasing a new home or would like
to see how much the current low rates could save you on
your house payment, please call today at 574/400-4200!
A Fresh Perspective
TOM’S CORNER
Dear Fellow Members,
I hope this note finds you well. As I have been sharing
with you over the past several quarters, 2014 has been
earmarked as the year that our credit union completes its
transformation from a caterpillar into a butterfly. Due to
significant investments of time and money, we are now able
to provide you with the financial tools necessary to prosper
in the 21th century.
It all comes down to this – more choices for you. In addition
to our branch network, you can now get top-notch service
through our Shamrock Center (call center), online banking
and our mobile applications. Remote Deposit Capture
(RDC) is also now available, so you can take pictures of your
checks and deposit them without coming to a branch.
For our members living outside the Michiana area, our
shared branching network has grown to more than 5,000
physical locations plus 32,000 surcharge-free ATMs.
Through utilization of electronic documents and electronic
signatures, we can now lend money in all 50 states without
delays resulting from “snail mail.”
Our new core system has significantly improved integration
with our online banking and billpay systems, also providing
a more member-friendly experience. Fewer log-ins are
required because of this integration as well.
I’m also excited to announce that in November we will
be completeing the upgrades to our credit card program
in order to give you more choices. We’re eliminating the
separate website and log-in to see credit card transactions,
balances or to set up payment arrangements. Going
forward, it all will be done from inside our Online Banking
website, NotreDameFCU.com.
Another improvement will be your credit card statement
arriving along with your monthly membership statement.
Eliminating a separately-issued credit card statement not
only makes managing your banking more convenient, but
it also is good for the environment – especially if you are
enrolled in e-statements!
As part of this transition, your 1% Visa Platinum cash rebate
will be paid out one month early, on your October credit
card statement. Beginning in November, our 1% cash back
program will be replaced with a robust points program,
called Rewards!. Our new Rewards! program will award
points for purchases and will provide you with significantly
more redemption options than the old system.
With Rewards!, you can redeem points for merchandise,
travel discounts, trip experiences, gift cards to your favorite
merchants, or even pre-paid Visa cards. Look for more
information coming about our new Visa Platinum Rewards!
program in your mailbox, email, online and in social media.
As I celebrate my 4th anniversary with Notre Dame Federal
Credit Union, the system-wide improvements have made us
a more vibrant and forward-looking financial institution. It
has not occurred overnight and was the result of multiple
initiatives, many occurring simultaneously. Many thanks
to the scores of Notre Dame FCU partners who worked
long hours and many weekends to ensure these projects
concluded successfully. Our transformational work is nearly
complete and with your continued support and loyalty, our
future together is very, very bright. Thank you all for being
part of the Notre Dame FCU family.
Thomas J. Gryp, President/CEO
[email protected]
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800/522-6611 • NotreDameFCU.com
Our CEO in a Kilt? Tell Me it Ain’t So!
As part of the Michiana-area Ronald McDonald House fundraising efforts, local
businessmen were asked to set aside their pride, don a kilt and traverse around town, asking
people to vote for them in the 5th Annual Men in Kilts Contest.
Never shy to take on a worthy cause, Notre Dame FCU President/CEO Tom Gryp exchanged
his pants for a kilt and hit the campaign trail. The experience had both its highs and lows.
Most would agree that the “low” for Tom was when he threw out the first pitch, in his kilt,
at a Silver Hawks baseball game … and bounced it several times to the catcher. Did we
also mention it was the day of the Notre Dame FCU Picnic at the ballpark with all of the
employees watching? Double Ouch!
However, the effort was worth it. Tom’s campaign raised
over $47,000 for the Ronald McDonald House. Let’s just
hope he doesn’t take up dancing for the next fundraiser!!!
Thanks to all of the members who contributed at the branches!
Attention Members
Notice of Change in Terms for Consumer and Business Accounts
Effective December 1, 2014, the following Consumer and Business Accounts will require a new
minimum daily balance of $400 to obtain the disclosed annual percentage yield (APY):
Consumer Accounts
Consumer Account Type
Current Min Bal to Earn APY
Effective 12/01/2014
Share Savings
$300
$400
Direct Share Draft Checking
$.01
$400
Money Market
$100
$400
Dollar Dog Savings
$0
$400
Cha-Ching Savings
$0
$400
$5
$400
$100
$400
$0
$400
Christmas Club Savings
IRA Savings
Members Choice Money Fund
Note:
This Notice
of Change
in Terms for
Consumer
and Business
Accounts
does not
impact the
minimum
daily balance
requirements
to avoid
monthly fees,
if applicable.
Business Accounts
Business Account Type
Current Min Bal to Earn APY
Effective 12/01/2014
Share Savings
$300
$400
Money Market
$100
$400
$0
$400
Members Choice Money Fund
800/522-6611 • NotreDameFCU.com
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What Is A Dormant Membership?
A dormant membership is when there is no transactional
activity on a membership for the previous 12 months. If
there are no transactions, there is a monthly fee of $5.
How can you avoid the dormant fee? Easy!
-
-
-
Actively use your checking account – get a VISA
Debit Card with Zero Liability* and use it
Ocassionally make deposits to your account
Open a Share Certificate
‰
- Open a car loan, personal loan, student loan,
mortgage of any type, or a credit card with
Notre Dame FCU
As a shareholder of Notre Dame FCU, your costs
can continue to be kept low by maintaining an active
membership whether it is by opening a Certificate or
financing a new loan. Whether you’re in the market for
a new loan or looking to save for the future, become an
active owner of Notre Dame FCU and apply today.
*If applicable, Notre Dame FCU may remove fraudulent credit card transactions or extend
provisional credit for losses from unauthorized card use. Zero liability covers U.S.-issued
cards only. Does not apply to ATM transactions, certain commercial card transactions,
PIN or other transactions not processed by Visa. You must notify your financial institution
immediately of any unauthorized use. For specific restrictions, limitations and other details,
please consult your issuer.
“ LIVE LIKE NO
ONE ELSE,
SO LATER ON
YOU CAN LIVE LIKE
NO ONE ELSE.”
- DAVE RAMSEY
Notre Dame Federal Credit Union is a proud sponsor of the Dave Ramsey
Financial Peace University. We believe it’s important to be prepared
for your future by helping you reach financial empowerment. If you or
someone you know can benefit from sound methods to help you reach
financial peace, join us at one of our classes which will be starting soon.
Courses will be offered in English and Spanish to help meet the needs of
our members and community. Check out
NotreDameFCU.com/DaveRamsey for more information.
BONUS! If you are a Notre Dame FCU member, we will reimburse you
the cost of the kit once you graduate! You have nothing to lose and
financial peace to gain.
Holiday Closings
Notre Dame FCU will be closed on:
Monday, October 13 - Columbus Day - closed
Tuesday, November 11 – Veterans Day - closed
Thursday, November 27 – Thanksgiving Day – closed
Wednesday, December 24 – Christmas Eve – closed at 1 p.m.
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Thursday, December 25 – Christmas Day - closed
Wednesday, December 31 – New Year’s Eve – closed at 1 p.m.
Thursday, January 1, 2015 – New Year’s Day – closed
800/522-6611 • NotreDameFCU.com
#WalkThisWay
Each August when University of Notre Dame, St. Mary’s
College and Holy Cross College students return to campus,
it is always an exciting time! The Notre Dame FCU branches are busy setting up new accounts and welcoming the
students from across the country and around the world to
Notre Dame! This year we had a blast at our Student Hog
Roast and had fun with our student Walk This Way promotion! We showed members and potential members the
benefits a credit union offers and how to #WalkThisWay.
HELP US
BEAT USC!
Notre Dame FCU has challenged USC Credit Union for the 2nd
annual $10,000 Charity Challenge to see which credit union
can acquire the most auto loan applications! Both credit unions
have contributed $5,000 towards the prize and the champion
will receive $10,000 for the charity of their choice. If Notre
Dame FCU wins, the prize money will benefit the Kelly Cares
Foundation. The four-week challenge takes place November
3-29 leading up to the ND vs USC football game. Visit
NotreDameFCU.com/beatusc in November to fill out an online
application and help us beat USC Credit Union!
Don’t have a Visa® Platinum? Apply
today at ndfcu.org/platinum
Help make a difference. Apply between November 3-29!
800/522-6611 • NotreDameFCU.com
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Reminder:
Your Christmas Club funds will be transferred into
your checking account on November 1, 2014. If you
do not have a checking account, the money will be
deposited into your savings account.
Instant Life
Insurance
Price Comparison
Service Offered
Instantaneous life insurance price quotes from leading life
insurance companies enable maximum savings with freedom
to buy from any company shown
Continuing its commitment to providing financial tools to
financially empower its members, Notre Dame FCU has
launched its new and instant life insurance price comparison
service. Instant quotes for amounts of $5,000 to $25 million
are now available at NotreDameFCU.com.
"This new technology enhancement benefits our members,
their families and our friends in the communities we serve,”
said Thomas J. Gryp, Notre Dame FCU President/CEO.
“Now, life insurance shoppers can view quotes anonymously,
buy online in total privacy or can request personalized
service from our licensed insurance professionals. Life
insurance prices are now at, or close to, all-time lows.”
Gryp continued, “Notre Dame Federal Credit Union is fully
committed to accommodate the life insurance needs of its
members in order to offer them a pleasant, money-saving
experience from top-rated life insurers.”
Features of the new Notre Dame FCU life insurance price
comparison service include:
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Anonymous quoting to enhance convenience
Instant ability to view best quotes on the most popular
rate guaranteed plans, including 10, 15, 20, 25, 30 years
and level-for-life plans
The new and popular “living benefit” life insurance plans
that can payout early in the event of a chronic or
critical illness
Life insurance plans that offer guaranteed acceptability
with no medical questions
Actual acceptance guidelines, and height and weight
tables prior to purchase
“No-exam” and “instant-decision” plans that bypass
traditional underwriting hassles and delays
e-signature technology to further reduce paper use and
time delays
Immediate, temporary life insurance whenever available
Accurate quotes that can take into account up to 25
common illnesses
Helpful advice and guidance from licensed life insurance
agents by phone or in person whenever such
personalized help is needed
For more information, contact Cory Marlow at
[email protected] or 574/400-4787
800/522-6611 • NotreDameFCU.com
Federally Insured by the NCUA. Independent of the University.
Revised 9/17/2014
FACTS
What does NOTRE DAME FEDERAL CREDIT UNION ("NDFCU") do with your
personal information?
Why?
Financial companies choose how they share your personal information.
Federal law gives consumers the right to limit some but not all sharing. Federal
law also requires us to tell you how we collect, share, and protect your
personal information. Please read this notice carefully to understand what we
do.
What?
The types of personal information we collect and share depend on the product
or service you have with us. This information can include:
• Social Security Number and income
• account balances and employment information
• credit history and transaction history
How?
All financial companies need to share members' personal information to run
their everyday business. In the section below, we list the reasons financial
companies can share their members' personal information; the reasons
NDFCU chooses to share; and whether you can limit this sharing.
Reasons we can share your personal information
For our everyday business purposes - such as to process your
transactions, maintain your account(s), respond to court
orders and legal investigations, or report to credit bureaus
For our marketing purposes - to offer our products and
services to you
For joint marketing with other financial companies
For our affiliates’ everyday business purposes - information
about your transactions and experiences
For our affiliates’ everyday business purposes - information
about your creditworthiness
For our affiliates to market to you
For nonaffiliates to market to you
To limit our
sharing
Does NDFCU
share?
Can you limit this
sharing?
Yes
No
Yes
Yes
No
No
Yes
No
Yes
No
Yes
Yes
No
Yes
• Call the number below to speak with a Member Service Agent or
• Email us at the address provided below.
Please note: If you are a new member, we can begin sharing your information
1 day from the date we sent this notice. When you are no longer our member,
we can continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Questions?
Call 800/522-6611 or e-mail us at [email protected]
Page 2
Who we are
Who is providing this notice?
Notre Dame Federal Credit Union
What we do
How does Notre Dame Federal
Credit Union protect my personal
information?
How does Notre Dame Federal
Credit Union collect my personal
information?
Why can't I limit all sharing?
To protect your personal information from unauthorized access
and use, we use security measures that comply with federal law.
These measures include computer safeguards and secured files
and buildings.
We collect your personal information, for example, when you
• open an account or make a deposit
• show your driver's license or apply for a loan
• Use your credit card or debit card
We also collect your personal information from others such as
credit bureaus.
Federal law gives you the right to limit only
• sharing for affiliates’ everyday business purposes—information
• affiliates from using your information to market to you
• sharing for nonaffiliates to market to you.
State laws and individual companies may give you additional
rights to limit sharing.
Definitions
Companies related by common ownership or control. They can
be financial and nonfinancial companies.
Affiliates
Nonaffiliates
Joint marketing
• NDFCU has affliliates.
Companies not related by common ownership or control. They
can be financial and nonfi nancial companies.
• Nonaffliliates we share with can include companies engaged in
direct marketing and the selling of consumer products and
services.
A formal agreement between nonaffiliated financial companies
that together market financial products or services to you.
• Our joint marketing partners can include other financial services
companies.
Other important information
We recognize and respect the privacy expectations of our members. We restrict access to non-public, personallyidentifiable information about our members and former members to those employees with an authorized business
reason for needing such information. We educate employees so they will understand the importance of
confidentiality and member privacy. We also take the appropriate disciplinary measures to enforce employee
privacy responsibilities. Notre Dame Federal Credit Union insists that if personally identifiable member information
is provided to a third party, the Credit Union will assure that similar privacy principles are provided for keeping such
information confidential.