unfcu

UNFCU Features & Benefits
UNOG PRE-RETIREMENT PRESENTATION
27 March 2015| www.unfcu.org
UNFCU FEATURES & BENEFITS
UNFCU is a credit union
SERVING THE UNITED NATIONS COMMUNITY SINCE 1947
There are more than 57,000 financial cooperatives around the
world. The United Nations Federal Credit Union (UNFCU) was
founded by thirteen United Nations staff members in 1947.
UNFCU’s main features:
 It offers a full array of financial services
 It has 3 important characteristics:
• Not-for-profit
• Member-owned cooperative
• Services only one type of membership – the United Nations
community
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What makes UNFCU unique
TAILOR-MADE PRODUCTS FOR YOU
 Membership opened to United Nations staff members,
consultants or retirees of the United Nations and affiliated
agencies
 We know you and the United Nations community
• We offer tailor-made products
• We are highly flexible
 Our relationship with members is based on mutual trust
 We offer low or no fees and competitive rates
 We provide a consistently high level of service
 Once a member; always a member
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UNFCU facts & figures
A GLOBAL INSTITUTION
 We serve over 109,000 members worldwide
 We manage more than USD 3.9 billion in assets
 We administer more than USD 3.7 billion in share deposits
 We handle more than USD 1.5 billion in loans
 We are located in Geneva, Nairobi, New York, Rome, Vienna and
Washington DC
 We are governed by a volunteer Board of Directors comprised of
current and retired United Nations staff members
 We are 400 UNFCU staff members working for you
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Membership map
TOTAL INDIVIDUAL MEMBERS : 109,592 (as of 12/31/2014)
23.6%
37.9%
5.8%
2.4%
2.4%
3.6%
23.0%
1.0%
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Safety and soundness
LOOKING AFTER YOUR FINANCIAL INTERESTS
 We practice prudent and responsible investment and lending
strategies
• We are well capitalized and secure
• We meet members’ borrowing needs without compromising
asset quality
 We are independently and annually audited
 Accounts insured by a US government agency (NCUSIF) for up to
USD 250,000
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Innovative Products and
Services
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Financial options for every need
 No fee ‘savings’ and ‘checking’ accounts
 Additional savings
• Share certificates
• Money Market
 ‘Start Smart’ accounts for children & grandchildren
 Once you are a member, all your direct family members* can
become UNFCU members
* Includes: spouse, children, grandchildren, parents, grandparents, sisters and brothers. UNFCU membership also opened to
individuals who reside in and share financial responsibility of a household with a UNFCU member.
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Loan options for every need
 ‘Signature’ (personal) Loan
 International home loan
 Education loan
 Auto loan
 Home improvement loan
 90 days same as cash
 Savings and share certificate secured loan
 Checking-line-credit (overdraft)
 Mortgage
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UNFCU VISA® credit cards
 Chip and PIN technology for optimized security on Elite and Azure cards
 No markups on cross-border transaction/foreign exchange fees
 No balance transfer fees1
 Pay over time
 Automatic payments through Mobile or Internet Banking to avoid late charges
1While
UNFCU does not charge any fees for balance transfers, a transferred balance to a UNFCU VISA credit card account is treated as a cash advance and will
incur a finance charge beginning the date the transaction was posted to your account. UNFCU credit cards feature a 25-day grace period on payments for
purchase transactions. You should know that there is no grace period for balance transfers. You will lose the grace period for purchases if you transfer a balance
to a UNFCU credit card. The grace period on purchases will be reinstated only after you have repaid the entire balance transfer in full.
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Term Life Insurance
UNFCU provides comprehensive card-based term life insurance
with low monthly premiums:
Type of UNFCU Card
Mastercard ChequeMate Debit :
VISA Classic :
VISA Azure :
VISA Elite :
Coverage
Cost (Per Month)
USD 200,000
USD 48.20
USD 100,000
USD 24.27
USD 50,000
USD 12.31
USD 150,000
USD 36.23
USD 75,000
USD 18.30
USD 250,000
USD 60.16
USD 150,000
USD 36.23
USD 75,000
USD 18.30
USD 250,000
USD 60.16
USD 150,000
USD 36.23
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Mobile property insurance
Traveling for business or pleasure? Ensure that your belongings are
always protected by enrolling in a comprehensive, low cost mobile
property insurance plan. This insurance plan, which can be
purchased with a UNFCU credit card, provides comprehensive
protection for property you take with you when you travel
anywhere in the world.
Coverage
Cost (per annum)
USD 2,500
USD 65
USD 5,000
USD 99
USD 10,000
USD 197
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Investment and Insurance services
Team of accredited, multi-lingual financial advisors with extensive
international experience offering:
 Financial solutions for all stages of life
 Complimentary consultations
 Retirement planning
 Financial planning
 Wealth management & Trust services
 Auto insurance
 Life insurance
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UNFCU Resources
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Free educational webinars
REAL-TIME AND ON-DEMAND
Visit ‘Learning Tools’ at www.unfcu.org to access all webinars on
Demand. These include:
 Credit Cards: Facts, Stats and Benefits
 Global Risk Protection – Why Insurance Matters
 Capitalizing on Consumer Loans – A Guide for
Non-U.S. Members
 Identity Theft and Fraud Prevention Best Practices
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Accessing your accounts
Call Centre & Webchat
Monday to Friday: 24 Hours
Saturday: 13:00 to 21:00
Internet, Mobile and Telephone Banking
24 hours/ 7
Deposits
Payroll deduction; UN pension deduction; Lump sum payment;
International wire transfer
Withdrawals / Payments
Mastercard ChequeMate debit card; Visa credit cards; Online
payments; and international wire transfer
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UNFCU website
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Contact UNFCU
United Nations Federal Credit Union
Court Square Place
Palais des Nations
24-01 44th Road
Door 41
Long Island City
Building E
NY 11101 – 4605 USA
1211 Geneva 10, Switzerland
Call us Toll free from Switzerland: 0800 897 860
International telephone number: +1 347-686-6000
Email: [email protected]
Skype: unfcu.skype
Website: www.unfcu.org
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