PCMCU MCECU - PCM Credit Union
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PCMCU MCECU - PCM Credit Union
601 Willard Drive P.O. Box 28500 Green Bay, WI 54324-0500 920/499-2831 • 877/373-4023 INSIDE New Family of Members $110 in 37 Days Mobile App Update Gift-Giving Ideas Scholarship Winners Chili-Bowl Fundraiser A Time for Giving ls Detai ! d i s In e HOLIDAY HOURS COMMUNITY The following holiday hours and credit union closings are for the credit union lobby, drive-up, and branch office: CORNER It is time to open your heart… and your pantry, and coat closet for this year’s community giving! The credit union is currently a drop off location for the Salvation Army’s Coats for Kids Campaign as well as the Stock the Shelves Campaign! Closed all day: Monday, October 13th Columbus Day, for a full staff training day CHILI•BOWL Fundraiser Closed all day: Thursday, November 27th In observance of Thanksgiving Day Closing at 1pm: Wednesday, December 24th In observance of Christmas Eve Closed all day: Thursday, December 25th In observance of Christmas Day Exciting News To Share! Subject to final approval from NCUA, Marinette County Employees Credit Union will merge their operations into PCM Credit Union effective 1-1-2015. MCECU currently has approximately 2,200 members and $15.5 million in assets, primarily serving governmental employees, Marinette Marine Corp., and their families. They are financially very sound, with a 12% reserve to asset ratio. Their current location of 1740 Stephenson Street in Marinette will become PCMCU’s new branch office. After initial discussions earlier in the year, the Board of Directors from each credit union unanimously voted to proceed with the merger. MCECU’s members approved the plan on August 26th. Board Chair Karen Sylvester stated at this meeting, “PCM Credit Union is definitely the best option for our members. We both have the same type of Select Employee Group charters and their ‘People Caring More’ culture is what we are all about too. This partnership builds on the strengths of both our institutions providing increased services and technology that all members need and want.” MCECU PCMCU Regarding the merger, President Dan Wollin stated, “Unlike most large credit unions, this merger will be the first in the history of PCM Credit Union. Credit unions have been consolidating for some time and will continue to do so as smaller credit unions struggle with increased regulatory compliance and competition. Bottom line, members of both credit unions will be better off as one credit union with 11,000 members rather than two credit unions with 8,800 and 2,200 members. Our larger size will provide improved efficiencies that will benefit everyone.” This is an exciting time for PCMCU members and for the new family of members that will be joining us in 2015. Closing at 1pm: Wednesday, December 31st In observance of New Year’s Eve Please bring in any new or gently used coats by October 29th to be donated to a child in need in Northeast Wisconsin. Your gift of warm clothing for the children of our community is greatly appreciated! Also, please bring in non-perishable food items to fill up the grocery cart for the community food drive! All food items will be delivered just in time for the holiday season! Monetary donations will also be accepted! PCMCU’s FALL SHRED FEST Saturday, Oct. 18th, 9am-12Noon PCMCU - 601 Willard Drive This event’s donations benefit the Ashwaubenon Food Pantry, “Stocked Shelves”. We thank you for your community support in this holiday time of giving! November 14th Whether this deer season you’re after a big buck or a big sale, come on down to PCM Credit Union for a hot and tasty treat that you can even bring home for the family. Watch our website and our Facebook page for more information to come regarding this fun filled fundraiser on November 14th. All proceeds from this event will go to a great cause that will be announced in the coming weeks. Remember that giving together we can change lives and make miracles happen right here in our community. So be sure to keep an eye out for more details! Closed all day: Thursday, January 1st, 2015 In observance of New Year’s Day PCMCU apologizes for any inconvenience but would like to remind you that our Virtual Branch, Mobile App, and TLC phone access are all available for your convenience – with the exception of New Year’s Eve and New Year’s Day for end-of-year processing. Thank you. *NEW MONEY REQUESTED: 110% APY; Annual Percentage Yield available on 110% CD special offer only. Minimum/Maximum deposit for CD is $1000, for 37 day term. Funds transferred to Regular Share at maturity. Estimated interest earning paid at maturity will be $111.37. No interest paid for early withdrawal. Offer available 10/16/1411/14/14. One 110% CD special available per household. Must be at least 18 years old to qualify. NEW MEMBER REWARDS: Open a new membership with a Rewards Savings Program (including 5 qualifying services; Checking, Direct Deposit, Debit Card, Virtual Branch and eStatements) during the promo period of 10/16/14-11/14/14 to qualify for a $110 Rewards Bonus. Bonus deposit will be paid to Regular Share after verification of all requirements has been made; within two weeks of expiration. One Rewards Bonus Deposit per household. Must be at least 18 years old to qualify. You’ve heard others claiming to give 110% in service., Well, we show it! Open a new 110% CD and you’ll earn $110* It only takes $1000 at a term of 37 days… That’s unheard of! Visit pcmcu.com for details. PCMCU MEMBER NEWS • FALL, 2014 GO MOBILE! NEW Instant Issue Card Development Mobile App & Mobile Deposit Capture Capabilities Coming Soon! PCMCU’s New Mobile App will provide access via any mobile device, including your smartphone or tablet! Plus, you’ll have access to these amazing new electronic services: • NEW PCMCU Mobile App from the iTunes® App Store or Google Play™ • NEW PCMCU mobile capabilities to get current rates, contact us, locate an ATM, and even apply for a loan, all from your smartphone or tablet • NEW Mobile Deposit Capture allows you to deposit a check from home or wherever you are without having to make a trip to the credit union ................... facebook.com/pcmcreditunion At PCMCU, we take the recent card compromises very serious and we appreciate your patience as we do our best to remedy these matters. We continue to work on new technologies, including EMV Chip Technology, to help protect members card account information. We will soon have the capability to print and immediately put a new card in your hand at your request. Whether it is due to compromise concerns, or simply to have instant access to your funds at your initial account opening. Instant Issue Card capabilities will allow you to use your card the moment you walk out the door! SCHOLARSHIP WINNERS This year was yet again another successful year for scholarships at PCMCU! PCMCU had over 25 applications submitted and we would like to thank all who participated in the program! This year, the credit union staff was thankful to hear from the student members of how they show leadership in their school, work, or community, and how they plan to continue being a leader in their future. The students continue to enrich us with their amazing involvement and understanding of the scholarship program, and because of this, PCMCU is happy to announce that next year we are going to award 3- $1,000 scholarships! We are so very proud of all of our student members and wish them the best of luck in their studies as the year continues! 2014 WINNERS: Claire DeCaster • Connor Drevs • Kelsey Nuthals “Local Service. Global Good.” is this year’s theme for International Credit Union Day! OCTOBER 16, 2014 JOIN US This year, 200+ million people in 101 countries will be joining together to celebrate their cooperative spirit. Credit Unions all around the world have been participating in the “Global Good” of the world, being present during the times when countries needed help the most. Credit Unions are proud to participate in this international day of celebration to continue in supporting their belief in the “people helping people” philosophy upon which all credit unions were built. Together, we work towards global good each and every day! FOR OUR ANNUAL CREDIT UNION DAY COOKOUT! PCMCU will be serving hot dogs, chips and soda starting at 10:30am. During this event we will once again be collecting donations for Children’s Hospitals of Wisconsin as our Credit Unions for Kids Campaign! PCMCU will also be kicking off their Fall Savings Promotion exhibiting how “We give 110%!” Please stop in for some hot food and to participate in all of the fun! We hope to see you soon at PCMCU! SnowBirds Dear Member: At CMFG Life Insurance Company, we regularly evaluate our products to ensure we are delivering value to the credit unions and members we serve. Due to a significant decline in demand from credit unions and their members, we have made the difficult decision to exit the Life Savings product currently offered to you through PCM Credit Union. Life Savings was developed more than 75 years ago and has been in a steady state of decline for the last several years. Life Savings is structured as a monthly policy where premium paid only covers the next month rather than building equity over time. Per the terms of our contract, your group policy will expire on December 31, 2014. All claims incurred on or before January 31, 2015 will be honored. We know many of you value the peace of mind and security that life insurance provides. That’s why we wanted you to know you can convert your Life Savings coverage to a guaranteed issue Primary Protection Plan, underwritten by CMFG Life Insurance Company. This new policy would provide life insurance coverage up to $3,000. If you decide to take advantage of the conversion option, you must apply by January 31, 2015. You will be responsible for premium payments, and your new policy will be effective after you complete the application process. Your premiums will be based on your age at time of application. Conversion is simple. Just request, complete, and return an application with your first premium payment directly to CMFG Life Insurance Company by January 31, 2015, in order to receive coverage. To request the application, call 855.728.5205 to speak with a fully licensed insurance representative. Our staff will review your situation with you and provide guidance to ensure you have the right type and amount of insurance protection for you and your family based on your current and future needs. Please contact CMFG Life Insurance Company at 855.728.5205 with any questions. It is almost that time of year again where many of you will flee the frozen tundra of Wisconsin to escape the harsh winter ahead. Before you leave to enjoy the warm and sunny weather elsewhere, please notify us of the address and phone number of the place you will be migrating to, along with the dates you will be traveling, so we can update your account(s) accordingly. Thank you for your assistance and we wish you safe travels ahead! Gift Cards … Gift Buying Ease Is it often a yearly struggle to figure out what to get those certain people for Christmas? What type of gift would fit them? Well, let PCMCU help you out! PCMCU MasterCard Gift Cards are available for you right here at the credit union! We have a variety of gift card designs for every occasion and many holiday designs as well! So let us help make your shopping easier while you make your friends and family happy by giving them a holiday gift card to buy whatever they want! Ask us today! Sincerely, Jim Power Executive Vice President, Chief Products Officer CUNA Mutual Group NGL Funeral Expense Trust 2.5% tax-free Benefits include: • The ability to possibly exclude your policy as an asset in order to qualify for Medicaid and Supplemental Security Income (SSI) • Policy proceeds are paid to the Trust, which then pays funeral costs. Any excess funds will be paid to the estate of the Insured. • Funds used for the funeral expenses are protected from creditors, such as nursing homes, hospitals, lawyers, etc. • Death proceeds used for funeral expenses will avoid probate costs and delays. For more information contact Kim Runge at 920-593-2207 or 877-373-4023 or email [email protected]. *2.5% is attributed to the whole life insurance policy that is assigned to the trust. “Insurance coverage provided by National Guardian Life Insurance Company. National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America, a/k/a The Guardian or Guardian Life.” For Agent Use Only. Some states may vary on Medicaid rules and eligibility is not guaranteed; please consult an Elder Law Attorney in your state for assistance. NGLFE 10/14 CHRISTMAS CLUB The holidays are just around the corner and that means the beginning of holiday shopping! It also means you’ll be receiving your Christmas Club funds and a Gift this year from PCMCU! That’s right! PCMCU is happy to reward all of the smart holiday savers with a special gift just for you! Aren’t you glad you saved all year in your PCMCU Christmas Club? Christmas Club funds will be distributed to your checking or savings account on Saturday, November 1st. Don’t forget to stop by the credit union to receive your Thank You Gift! We have PCMCU switched it up this year and you will not want to miss out! Happy Shopping!