Spring 2015 Bank Notes - Tompkins Trust Company

SPRING
2015
Tompkins
Trust
Company
Tompkins Trust
Company Presents
$1,000 to Running
to Places Theatre
Company
Running to Places Theatre
Company was awarded $1,000
from Tompkins Trust Company in
the third round of our Community
Minute Challenge.
The Community Minute Challenge is
a social media contest that promotes
community organizations in the
bank’s market area. Community
members voted for their favorite nonprofit, and the top vote-getter received
the donation from Tompkins Trust
Company.
The Trust Company conducted the
fourth and final Challenge in March.
Participating organizations for the
fourth round included the Salvation
Army, Friends of Stewart Park, Ithaca
Continued on page 4
We’ll Help You
Dispose of
Confidential
Documents
Equilock Line of Credit:
See why we say it has Superpowers
Looking for a little extra money
with a low rate? Think about our
Equilock line of credit, which is now
at a 2.24% introductory rate for six
months and 3.25% after that.*
Tompkins Trust Company’s Equilock line of
credit comes with many benefits that can
help make your life easier.
• Flexibility to use it like a fixed-rate loan with fixed payments and a fixed rate
for a set period of time.
• No closing costs.
• Highly competitive introductory rate.
• Lock in an interest rate at any time.
• The convenience of auto payment
directly from your checking account.
It’s a line of credit with super powers.
The Equilock Line of Credit.
You might say the Equilock Line of Credit can do so many things, it has superpowers.
So whether you’re remodeling your home, financing an education or consolidating
debt, you’ll have more options than ever before. Visit your local branch or check our
bank website for more information.
*See page 4 for important information.
James J. Byrnes Awards for Excellence
An annual program that recognizes outstanding volunteers in Tompkins County has been
renamed to honor James J. Byrnes, retired Chairman and CEO of Tompkins Financial
Corporation. The James J. Byrnes Awards for Excellence will be presented on May 18 in
Tompkins Trust Company’s Main Office lobby.
Award winners have generously volunteered their time and efforts on an ongoing basis
through activities that help others in Tompkins County. They have made a significant
contribution toward improving the quality of life for others either as a major force of a nonContinued on page 4
profit organization or through individual efforts.
The sixth annual Shred Day sponsored by Tompkins Trust Company is from 9 am
to noon on Saturday, April 26, at our East Hill Plaza Branch. All paper must
be clean, dry and ready to shred, and free from spiral binders. Please limit your
recyclables to six boxes. This service is open to households only; no commercial
businesses please. In 2014, we shredded and recycled nearly nine tons of documents,
helping to protect participants from identity thieves and saving 149 trees, 17 barrels of
oil, 61,201 gallons of water and 26 cubic yards of landfill.
Privacy Policy and Notice
Facts - What does Tompkins Financial Corporation 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
How? information can include:
-Social Security number and Income
-Account balances and payment history
- Transaction history and checking account information
All financial companies need to share customers’ personal information to run their everyday business. In the section
below, we list the reasons financial companies can share their customers’ personal information, the reasons Tompkins
Financial Corporation chooses to share, and whether you can limit this sharing.
Reasons we can share your personal information
Does Tompkins Financial Corporation share?
For everyday business purposes-
Yes
such as to process your transactions, maintain your
account(s), respond to court orders and legal
investigations, or report to credit bureaus Can you limit this sharing?
No
For our marketing purposesto offer our products and services to you Yes
No
For joint marketing with other financial companies
Yes
No
For our affiliates’ everyday business purposesinformation about your transactions and experiences
Yes
No
For our affiliates’ everyday business purposesinformation about your creditworthiness
No
We don’t share
For our affiliates to market to you Yes
Yes
For nonaffiliates to market to you
No
We don’t share
To limit our
sharing:
Questions?
-Call 888-273-3210 - our menu will prompt you through your choice(s)
-Visit us online: www.tompkinstrust.com
-Mail the form below
Please note:
If you are a new customer, we can begin sharing your information 30 days from the date we provided or sent
this notice.
When you are no longer our customer, we continue to share your information as described in this notice.
However, you can contact us at any time to limit our sharing.
Call toll-free 888-273-3210 or go to www.tompkinstrust.com
Mail-in Form
If you have a joint
account, your
choice(s) will apply
to everyone on your
account unless you
mark below.
[ ] Apply my
choice(s) only to
me.
Mark any/all you want to limit:
[ ] Do not allow your affiliates to use my personal information to market to me.
Mail to:
Name _________________________________________________________________________ Tompkins Financial
Corporation
Address _______________________________________________________________________ Tompkins-Opt-Out
City, State, Zip _________________________________________________________________ PO Box 460
Ithaca NY 14851
My/Our relationship
is with: _______________________________________________________________________
Page 2
Who we are
Who is providing this notice?
Tompkins Financial Corporation, including all of its affiliates.
What we do
To protect your personal information from unauthorized access and use, we use security measures that
How does Tompkins Financial
Corporation protect my personal comply with federal law. These measures include computer safeguards and secured files and buildings.
information?
We collect your personal information, for example, when you
How does Tompkins Financial
Corporation collect my personal -Provide account information or deposit money
-Apply for a loan or use your credit or debit card
information?
-Apply for insurance
We also collect your personal information from others, such as credit bureaus, affiliates, or other
companies.
Why can’t I limit all sharing?
Federal law gives you the right to limit only
-sharing for affiliates’ everyday business purposes - information about your creditworthiness
-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.
What happens when I limit
sharing for an account I hold
jointly with someone else?
Your choices will apply to everyone on your account – unless you tell us otherwise
Definitions
Affiliates
Companies related by common ownership or control. They can be financial or nonfinancial companies.
-Our affiliates include financial companies, such as Tompkins Trust Company; Tompkins Bank of Castile; Tompkins Mahopac Bank; Tompkins VIST Bank; Tompkins Financial Advisors; nonfinancial companies, such as Tompkins Insurance Agencies Inc.
Nonaffiliates
Companies not related by common ownership or control. They can be financial or nonfinancial
companies.
-Tompkins Financial Corporation does not share with nonaffiliates so they can market to you.
Joint marketing
A formal agreement between nonaffiliated financial companies that together market financial
products or services to you.
-Our joint marketing partner(s) include credit card companies.
Learn More About Your Bank from the Experts
We will conduct meetings for shareholders and other persons interested in learning more about Tompkins
Financial Corporation. An event is planned in each of our regions. Speakers include top officers of the
company. We invite you to attend the meeting in your area.
Tompkins Financial ~ Annual Shareholder Meeting
Hudson Valley Informational Meeting
May 4
Country Club of Ithaca
5:30 p.m.
May 14
Villa Barone, Mahopac
6:00 p.m.
WNY Informational Meeting
Southeastern Pennsylvania Informational Meeting
May 6
Genesee Country Village & Museum, Mumford
5:30 p.m.
May 19
Crowne Plaza, Reading
5:30 p.m.
Tompkins Trust Company Presents
$1,000 to Running to Places
Theatre Company
Continued from page 1
Public Education Initiative (IPEI), the
YMCA of Ithaca and Tompkins County,
and the Ithaca Housing Authority.
Voting was not complete by our
deadline for this edition of Bank Notes,
but you can log on to our Facebook
page to find out who won the fourth
round of the Challenge.
There is a final round Challenge
coming in April, and the winner of
this round will win $5,000! This final
round will consist of all of the winners
of the previous rounds. Those winners
include Relay for Life of Tompkins
County, the Hangar Theatre, Running
to Places Theatre Company and the
winner of the fourth round. YOU will
decide who will win the $5,000. ‘Like’
us on Facebook to get updates about
the grand prize round.
Trust Company sponsors 17th
Annual Chili Cook-off
Tompkins Trust Company was proud to sponsor the
17th Annual Great Chili Cook-off this past winter in
Downtown Ithaca. Thousands of people ventured
to the Commons to taste more than 40 different
unique chili recipes created by the restaurants and
local organizations of the community. The Trust
Company believes in supporting events that bring
our community together – especially one that
brought some warmth during a frigid winter!
James J. Byrnes Awards for Excellence
Continued from page 1
“Jim Byrnes was deeply involved in community organizations, so it is fitting that this program be renamed
in his honor,” said Steve Romaine, President and CEO of Tompkins Financial. “He remains active even in
retirement. He sets a high standard that we all should seek to emulate.”
This year’s deadline for nominating candidates has passed, but if you are interested in nominating someone or a group of
people for next year’s awards, please contact Greg Acquavella in our marketing department. You can reach him by phone at
607-274-2052 or by email at [email protected].
*Equilock is a variable rate line of credit with a fixed-rate lock option. An introductory 2.24% Annual Percentage Rate (APR) will be in effect for six months after opening the line.
Following the introductory period, the APR will become the highest Prime Rate quoted in the Wall Street Journal on the first day of the month (3.25% APR as of 3/15/15.) The lowest rate
will be 3.25% APR and the highest will be 14.99% APR. The variable rate line is subject to credit approval and appraisal, with draw and repayment periods of 10 years with no annual fee.
Line requires auto payment from a Tompkins Trust Company checking account. If a fixed rate option is selected, the maximum fixed rate term is 180 months, but cannot exceed maturity
date of the line of credit. Minimum fixed rate term is 12 months. Minimum fixed rate amount is $5,000. Maximum fixed loan amount is the full balance of the line of credit. There is a
$50 fee to lock or unlock any portion of the line of credit. Maximum number of fixed rate loan locks is six. If opted, the fixed APR will be based on the lesser of either the bank’s current
fixed home equity loan rate (4.50% APR for up to 60 months as of 3/15/15) or the current fixed Equilock rate (prime rate + 6% for 60 months; prime + 8% for 120 months; prime + 10%
for 180 months.) Property insurance required. Flood insurance may be required. If you close the line within 36 months, you must reimburse us for third-party fees paid in connection
with opening the line. These fees are estimated at $1,450 for a $100,000 loan. Mortgage tax must be paid by the borrower for loans over $250,000. Consult your tax advisor about
deductibility of interest. Terms and conditions subject to change without notice. Loans subject to credit approval.
Please send us your thoughts on Tompkins trust company’s services.
Marketing Department 888-273-3210
TOMPKINS TRUST COMPANY | PO BOX 460 | Ithaca, NY 14851
www.TompkinsTrust.com
Tompkins Financial Advisors800-274-4003 | Insurance Services 888-261-2688
24-HR Telephone Banking 800-273-3210
Locally focused. A world of possibilities.
50% Recycled
25% Post consumer waste
4/15