Cornerstone Connect - Cornerstone Credit Union
Transcription
Cornerstone Connect - Cornerstone Credit Union
MEMBER NEWSLETTER Winter 2012 Introducing Cornerstone Connect ➜ ➜ Loans. Financial advice. Live-person assistance. Over the phone. Now that’s easy! Bank over the phone, wherever you are, with Cornerstone Connect. ➜ ➜ We’re thrilled to announce our new contact centre, Cornerstone Connect. You get the convenience of telephone banking with our friendly and knowledgeable staff, ready to help on the other end of the line. Cornerstone Connect offers everything from basic information, to loans, to personal and secure transactions, and anything else you may need. And no matter where you call, or which branch you deal with, we’re here to help. Make your life easier and contact us today! Call your local branch or 1-855-875-CALL (1-855-875-2255) [email protected] Hours of Operation: Monday – Thursday: 8 a.m. – 8 p.m. Friday: 8 a.m. – 6 p.m. Saturday: 8 a.m. – 4 p.m. Call us to: ➜ find a branch near you ➜ Check account balances, transfer funds, pay bills ➜ Order cheques, stop payments or make address changes ➜ get a loan, mortgage or investments ➜ Replace your ATM Card ➜ Say hello. We’d love to chat! 1-855-875-CALL (1-855-875-2255) Member Newsletter - Winter 2012 The Right Kind of Professional Advice Could Change Your Life >> 76% of Canadians who work with a Certified Financial Planner® professional feel their financial affairs are on track.* * Statistics from FPSC’s Value of Financial Planning study, 2010 Start the conversation! Relationships matter Any time is the right time to take control of your finances. Working with a CFP professional can transform your financial situation, giving you unique strategies that may bring you closer to accomplishing your life goals. A financial plan is not a one size fits all solution. A CFP professional will work with you to create a plan, tailored to your specific needs and life goals. Your goals are as unique as you are. So whether you are looking to buy a home, take that dream vacation, or ensure the people you care about are looked after, a financial plan will help you get (and stay) on track to achieving what you want out of life – as well as your desired lifestyle along the way. A financial plan is all about balance; it is not about depriving yourself today for some unknown day in your future. So start the conversation now and get closer to feeling on track with your financial affairs. Talking about your finances is a very personal thing. You need to be able to build a relationship with an advisor you can trust; one who understands your unique situation and goals, and who can work with you over time to accomplish them. You also need to be open and honest with your planner. If you hold back and don’t give them the relevant financial information, they can’t build you an effective plan. A CFP professional will invest the time to ensure that you get — and stay — on the right track. People who work with a CFP professional are able to not only build a plan to meet their goals, but also form lasting relationships with their advisors too. Not surprisingly, six in 10 Canadians have been working with their CFP professional for more than five years. The right planner can make a world of difference Canadians who work with CFP professionals to develop a financial plan feel significantly better about their emotional and longterm financial well-being and ability to achieve key life goals than people who get their advice from a non-certified advisor. It is very common to feel stress about your personal finances: Are you saving enough money? Are you living beyond your means? Is your family protected should something happen to you? Will you be able to retire when you want, and in the lifestyle you desire? Getting your finances in order can have a positive effect on your stress levels and emotional well-being. Finances are also a very personal subject, and can be difficult to deal with. This is why you need to know that you are getting the best advice available — by seeking a CFP professional to help you down the right path. Not convinced? The Right Kind of Professional Advice Could Change Your Life reprinted by permission of Financial Planning Standards Council, all rights reserved. Why take the risk? It’s your livelihood. Your goals. Your life. Build Strong with our Mutual Fund Get ly Financial Fi POWERHOUSE. Build your wealth with confidence. Our Invesment Experts can help. Mutual funds are offered through Credential Asset Management Inc. Member Newsletter - Winter 2012 Investment Expert Team Shawna Boyda Yorkton Branch 306-786-2237 Sheila MacDonald Yorkton Branch 306-786-2248 Angie Ritthaler Kelliher Branch 306-675-2252 Ituna Branch 306-795-2628 Blair Michaliew Tisdale Branch 306-873-6347 Andrew Squires Tisdale Branch 306-873-6349 Delores Moskal Yorkton Branch 306-620-8424 Brenda Holo Rose Valley Branch 306-322-2261 Certified Financial Planner Certified Financial Planner Certified Financial Planner Certified Financial Planner Golden Rules of Retirement Planning Your retirement dreams can come true if you have a solid investment plan in place. Follow these four golden rules and put yourself on the path to successful retirement planning. RULE #1: Create an investment plan Cornerstone Credit Union can help you develop an investment plan suited to your unique requirements, your time horizon, and your tolerance for risk. With a plan guiding your investment strategy, you’ll feel comfortable today, and secure about tomorrow even when markets get stormy. RULE #2: Stick to the plan Short-term fluctuations in the value of any equity based investments are normal. In fact, volatility is necessary to achieve higher returns over the long term. Your investment plan should be built to withstand those fluctuations. Rebalancing may be required from time to time, your Credential Asset Management Inc. Mutual Fund Investment Specialist at CornerstoneCredit Union can help with that, but impulse buying and knee-jerk selling are not part of the plan. Markets tend to rise over the long term, so rely on time, not timing the markets, to reach your goals. RULE #3: Invest regularly Skipping just one annual RRSP contribution of $5,000 could reduce the value of your retirement nest egg by almost $17,000 after 25 years (assuming an 5% average rate of return, compounded annually). The easiest way to invest regularly is with a Pre-Authorized Contribution (PAC) Plan. You’ll automatically invest a fixed amount of money every month in your chosen investments. With this graduated approach, there’s no need to guess at the best time to invest. Your money automatically buys more units when prices are lower and fewer units when prices are higher. RULE #4: Diversify Different types of investments react differently to economic events. When you hold a variety of investments in your portfolio, you protect yourself against day-to-day fluctuations in any one category. At the same time, your portfolio has a better chance of benefiting from the current best performing asset class. This article is courtesy of Credential Asset Management Inc., Cornerstone Credit Union’s partner in providing you with wealth management services. Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances are not insured nor guaranteed, their values change frequently and past performance may not be repeated. The information contained in this newsletter is provided as a general source of information and should not be considered personal tax advice, investment advice or solicitation to buy or sell any mutual funds. Member Newsletter - Winter 2012 Cornerstone Credit Union’s new Website COMING SOON (and we’re excited too!) Cornerstone Credit Union is excited to announce we will be launching a new website in February. As a result, you will notice a new look and improved features on our website and some changes in our MemberDirect online banking portion of the site. If you use the Memorized Accounts feature of MemberDirect, please take a moment to record your account information as it will need to be re-entered the first time you use online banking on the new site. Please visit our website at www.cornerstonecu.com for more information. Cornerstone Credit Union making your financial management comfortable, accessible, simple and easy! Are you getting away this winter? Let’s talk security. accounts as an added security measure to protect you while you are away. Prior to traveling we recommend that you notify both Cornerstone Credit Union and your credit card company (MasterCard: 1-800-561-7849 or the number on the back of your card) to ensure problem free card service during your travels. ATM Locations Branch Locations ROSE VALLEY BRANCH 311 1st Ave. N. Rose Valley (available 24 hours/day) ARCHERWILL BRANCH Phone: 306-323-2115 SPRINgSIDE BRANCH Phone: 306-792-2066 BJORKDALE BRANCH Phone: 306-886-2107 THEODORE BRANCH Phone: 306-647-2131 ELfROS BRANCH Phone: 306-328-2142 TISDALE BRANCH Phone: 306-873-2616 ITUNA BRANCH Phone: 306-795-2628 WISHART BRANCH Phone: 306-576-2050 KELLIHER BRANCH Phone: 306-675-2252 WYNYARD BRANCH Phone: 306-554-2518 LESTOCK BRANCH Phone: 306-274-2178 YORKTON BRANCH Phone: 306-783-9433 RHEIN BRANCH Phone: 306-272-2156 EMAIL: [email protected] www.cornerstonecu.com TISDALE BRANCH 1202 - 100th St. Tisdale (available 24 hours/day) WYNYARD BRANCH 302 Bosworth St. Wynyard (available 24 hours/day) YORKTON BRANCH 64 Broadway St. E. Yorkton (available only during branch hours) YORKTON CO-OP CONVENIENCE STORE 305 Broadway St. W. Yorkton (available during business hours) YORKTON DRIVE-THRU 21 4th Ave. S. - Yorkton (available 24 hours/day) YORKTON PARKLAND MALL Yorkton (available 24 hours/day) ROSE VALLEY BRANCH Phone: 306-322-2261 SALTCOATS BRANCH Phone: 306-744-5400 Cornerstone Connect ➜ 1-855-875-CALL (2255) ➜ A vacation sounds wonderful; you deserve a holiday. Prior to your vacation, we encourage you to take the extra steps to protect yourself from unwanted fraud as your MemberCard debit card, Global Payment MasterCard and MasterCard credit card may be more susceptible to fraud while traveling. With our fraud prevention services we can assign travel notices to your