SEFCU can help you finance your next big outdoor project

T IPS A N D T R EN D S F R O M SE F C U SP R IN G 2 0 1 4
Moneyclips
save
I
learn
I dream
I
enjoy
I
balance I
live
Out in
the open
SEFCU can help you
finance your next
big outdoor project
PLUS FREE SEMINARS — SUMMER SAVINGS — TEXTING TIPS — FINANCIAL PL ANNING — AND MORE!
Moneyclips
S P R I N G 2 014
Issue Highlights
10
Lock it in!
Take advantage of SEFCU Mortgage Services’ 6-month rate lock
12
Out in the open
17
Meet your Certified Financial Planner™
Financing your next big outdoor landscaping project
Fifteen minutes with SEFCU Wealth Management’s Tom McGrath
Lifestyle/Opportunities
15 Get under the umbrella!
Find out how umbrella insurance can offer you protection
4
Spring seminar schedule
8An easy guide to SEFCU Text Banking
9
19 Tips for protecting your confidential information
Smart Sense coloring contest
News
3
6
Message from the President & CEO
SEFCU news and information
11 Do you have abandoned assets?
20
SEFCU’s got heart!
Moneyclips is
Holiday closings
All SEFCU branches and the Member
www.twitter.com/sefcu
Solutions Center will be closed in
observance of the following holidays.
Easter l Sunday, April 20
Memorial Day l Monday, May 26
Independence Day l Friday, July 4
www.facebook.com/sefcu
MESSAGE FROM THE PRESIDENT AND CEO
■ After enduring a long and
harsh winter throughout much of the
Northeast, we are beginning to see a light at the
end of the tunnel as our thoughts turn to warmer
days, new growth, and a summer with longer
days and endless opportunities ahead.
At SEFCU, we see tremendous opportunity
ahead to help make our community a better
place through our corporate social responsibility
programs. Unlike corporate philanthropy, simply
writing a check, our goal is to help non-profits
in the neighborhoods we serve through the
donation of time, talent, as well as treasure.
SEFCU President and CEO Michael Castellana speaks at a press conference
Since the inception of our corporate philosophy
launching the Capital District Community Garden’s new Urban Grow Center
of Banking with a Purpose in 2008, we have
in Troy. The center, sponsored in part by SEFCU, will allow farmers to grow
positively impacted more than 1,400 non-profit
and distribute local fruits and vegetables in a city environment.
organizations and our staff has donated nearly
Teams to help raise awareness and necessary funds for
100,000 hours of their time and talent to help make
research to combat heart disease.
a difference in the community. With that said, the focus of
my message in MoneyClips will center around our efforts in On the business front, we’re pleased to announce that
the community and asking our members and stakeholders
thanks to a new designation we received from our federal
to join us on our journey.
regulator, the NCUA, we are now in an even better position
For more than 20 years, we have been working with Big
Brothers Big Sisters on a variety of programs to help raise
money and awareness about their cause. In March, we
celebrated our 21st anniversary of sponsoring Bowl for
Kids’ Sake to benefit Big Brothers Big Sisters. I am very
pleased to say we had over 250 bowlers in the Capital
Region and 15 bowlers in Syracuse. If you are looking
to get involved with helping a child in need, please
consider being a Big Brother or Big Sister. You will find
that volunteering to be a “Big” will be one of the most
enjoyable and fulfilling things you will ever do.
Looking ahead, we will be participating in two Heart Walks
to help support the American Heart Association. The first
is in Binghamton on Saturday, May 3 and the second is
in Albany on Saturday, May 10. The number 1 killer of
women and men in the United States is cardiovascular
disease, which includes heart disease, stroke, and high
blood pressure. Please consider joining one of our SEFCU
to help members and businesses fulfill their dreams. Now
more than ever we will be a community-focused credit
union, able to loan more in the commercial arena and have
a bigger impact in our neighborhoods.
As you can see, SEFCU certainly isn’t shy about its
commitment to the community. In eighty years, that
commitment has never been stronger. You have big dreams
for yourself and your loved ones and we are here to help
make them happen. Our dream is to continue to support
vital non-profit organizations that provide critical services
day in and day out and to have you, our members, involved
in our efforts. If you are interested in getting involved with
Big Brothers Big Sisters, join one of our Heart Walk teams,
or participate in any of our other endeavors, please e-mail
us at [email protected].
Enjoy reading this issue of MoneyClips. On behalf of
everyone at SEFCU, thank you for choosing us as
your financial institution. As always, I welcome your
comments at [email protected] or follow me on
Twitter@castellana_.
Michael J. Castellana
President & CEO
Federally insured by NCUA
MONEYCLIPS WINTER 2014 3
E D U C AT I O N U P C O M I N G S E M I N A R S
Spring seminars
■
Alternative Solutions for Long-Term Care
Join Sheila Cervera, Certified Long-Term Care Specialist,
and Susan Suben, a representative from Long-Term Care
Associates, as they explore alternative solutions for
long-term care planning.
■
Capital Region Small Business Forum Webinar
The New York State Department of Taxation and
Finance, the IRS, OSHA, and New York State Workers
Compensation will discuss information affecting
small business taxpayers. Topics will include sales
tax, employment taxes, OSHA regulations, workers’
compensation, liability, and much more. The seminar will
be a Webinar so you can participate from your home or
office! Register by contacting Susan Marks-Jensky at 518427-4118 or e-mailing her at [email protected].
■
Home Buying Seminar
Need an overview of the home-buying process from start
to finish? Hear from a contractor, a SEFCU Mortgage
Services mortgage originator, a realtor, and a real estate
attorney and get answers to all your questions before you
start the home-buying (or building) process.
■
How to Develop Your Own Internship Program
Learn from Robert Braathe of Braathe Enterprises about
how you can develop your own internship program. Braathe
has worked with more than 200 interns and will teach
you how to increase productivity in their work and how to
launch your own internship program while keeping legal
and ethical considerations in mind.
■
Trusts: Are They Right for Your Family?
Are you confused by trusts and wondering if you even need
one? Join Kim Verner from the Herzog Law Firm and Bill
Pfeiffer from Girvin and Ferlazzo as they discuss special
needs trusts, how you can protect a home in another state,
blended family scenarios, and IRA and retirement trusts.
4 MONEYCLIPS SPRING 2014
Capital Region
Capital Region seminars will be held at the Dora Maxwell
Auditorium at SEFCU Headquarters, 700 Patroon Creek
Boulevard, Albany. Directions to the Dora Maxwell
Auditorium are available at sefcu.com or by calling
the Member Solutions Center at 518-452-8183 or
800-727-3328.
■ Tuesday, April 29
Home Buying Seminar
6 p.m. – 8 p.m.
■ Wednesday, May 7
Alternative Solutions for Long-Term Care
6 p.m. – 7:30 p.m.
■ Thursday, May 8
How to Develop Your Own Internship Program
6 p.m. – 7:30 p.m.
■ Tuesday, June 10
Trusts: Are They Right for Your Family?
6 p.m. – 7:30 p.m.
■ Tuesday, June 24
Capital Region Small Business Forum Webinar
1 p.m. – 3 p.m.
This is a Webinar and you may participate
from your home or office. See description for
registration information.
E D U C AT I O N U P C O M I N G S E M I N A R S
APR
MAY
JUNE
SEMINAR INFO Reservations are required
Buffalo
■ Wednesday, April 30
Home Buying Seminar
6 p.m. – 7:30 p.m.
This seminar will be held at SEFCU’s Clarence
branch, 4375 Transit Road.
Binghamton
■ Tuesday, May 13
Home Buying Seminar
6 p.m. – 7:30 p.m.
This seminar will be held at the Broome County
Library, 185 Court Street, Binghamton.
■ Tuesday, May 13
Alternative Solutions for Long-Term Care
6 p.m. – 7:30 p.m.
This seminar will be held at SEFCU’s Kirkwood
branch, 4 Crescent Drive.
for all seminars and can be made by calling
518-464-5321 or 866-733-2880 x5321,
or online at sefcu.com. Please visit
sefcu.com the day of the seminar to make
sure the seminar hasn’t been cancelled due
to inclement weather or circumstances
beyond our control.
Syracuse
■ Tuesday, April 22
Home Buying Seminar
6 p.m. – 7:30 p.m.
This seminar will be held at SEFCU’s
Midler branch, 107 Simon Drive.
■ Wednesday, June 4
Alternative Solutions for Long-Term Care
6 p.m. – 7:30 p.m.
This seminar will be held at SEFCU’s
Midler branch, 107 Simon Drive.
80
7...FREE financial seminars!
#
MONEYCLIPS SPRING 2014 5
S E F C U N E W S A N D I N F O R M AT I O N
Access free cash 55,000 ways!
■ Finding a SEFCU ATM when you’re
on the go isn’t always convenient and paying a fee
to access your cash is a real hassle. But, SEFCU
is a member of the Allpoint* ATM network which
means you can enjoy quick access to your cash –
absolutely free – and avoid paying SEFCU’s foreign
ATM fee, which recently increased to $1.25.
And, don’t forget about the nearly 100 SEFCUowned ATMs at our branches and other locations
where you can also access funds from your SEFCU
account using your SEFCU Visa® Check Card.
Still have questions? Call the Member Solutions
Center at 518-452-8183 or 800-727-3328 or stop by
any branch.
*SEFCU members are not required to pay a fee at Allpoint ATMs. If
a charge screen appears during your Allpoint ATM transaction, enter
“yes” to accept the charge and proceed with your withdrawal. The fee
will not be deducted from your SEFCU account. The savings can be
as much as $3 per transaction. Please note, at international Allpoint
ATMs, you will still be responsible for the Visa Foreign Currency
transaction fee.
Help us stay in touch
■ Want to stay up to date on the latest
Did you know? Visit sefcu.com to
find a SEFCU or Allpoint ATM near
you. You can even download the
Allpoint app on your phone so you
can quickly find free ATMs when
you’re on the go.
#
80
23...FREE access to my
cash at Allpoint ATMs
6 MONEYCLIPS SPRING 2014
SEFCU news and happenings? Make sure we have
your current e-mail address on file so we can send
you information on new products, special offers, and
upcoming promotions.
E-mail is also a quick and effective way to communicate
important information – like security breaches at stores
that may affect your SEFCU cards or unexpected
closings due to weather or local emergencies.
Stop by any branch or call the Member Solutions Center
at 518-452-8183 or 800-727-3328 to make sure the e-mail
address we have on file for you is accurate. Don’t have
an e-mail address on file? Let us know what it is and
we’ll add you to our database!
S E F C U N E W S A N D I N F O R M AT I O N
Save the dates!
Roll and run in two great SEFCU events
■ Join us for the 22nd Annual Monopoly® Tournament on Tuesday,
May 20 at the Albany Marriott, 189 Wolf Road in Albany. Proceeds from
the event will benefit the Center for Disability Services.
Want to roll the dice and participate in this fun tournament? Visit
sefcu.com to register!
Run or walk in SEFCU’s 26th annual Labor Day 5k on Monday,
September 1. Watch sefcu.com for details later this summer.
5
ways to stay busy over the summer
■ Before the dog days of summer strike,
make a plan to keep your family occupied this year. Check out
SEFCU’s suggestions – and some money saving tips – below.
Go to a theme park. SEFCU sells discounted single-day tickets for Great
#
80
32...Discounts on
family friendly activities
Escape ($35) and Darien Lake ($30) at all branches. Buy your tickets starting in
late May. Best of all a portion of each ticket sale benefits SEFCU’s Community
Support Program.
See a movie. Stay cool and catch up on all the new releases. Purchase
discounted Regal movie tickets at any branch for just $7.50. A portion of each ticket sale benefits SEFCU’s Community Support Program.
Volunteer your time. This is a great way to get the whole family involved and
give back. Best of all, it doesn’t cost anything. E-mail [email protected] to get started!
Attend a free SEFCU seminar. Check out pages four and five for our
spring seminars and watch for the summer schedule to be announced soon.
“Like” and “Follow” us. Keep up to date on the latest SEFCU news
and announcements by liking us on Facebook and following us on Twitter.
Have other ideas for ways to stay busy this summer?
Share them with us on Facebook at facebook.com/sefcu.
MONEYCLIPS SPRING 2014 7
Luv 2 txt
■ It’s a fact. People are spending more and more time on the
#
go so finding time to check your SEFCU account balance can be tricky.
But with SEFCU’s free Text Banking service you can keep tabs on your
account just by sending a simple text.
80
68...I can text to get my
account balances
Here’s how it works. Enroll in Text Banking by logging into your SEFCU
OnLine account, choosing the “Additional Services” tab, and then selecting the “Mobile
Banking & Alerts” option. Complete the simple registration process and you’re ready to
start using the convenient texting service.
Below is the list of commands you can text to 454545 to receive information about your
SEFCU account. Take advantage of this free service today and have instant access to
your account information!
BAL
Your primary Share
account balance
HELP
Reminds you which
command to use
LAST
BAL ALL
The last five
transactions in
your primary
Share account
All of your
account
balances
BAL SAV
STOP
Your Savings account
balances
BAL CHK
Your Checking account
balances
8 MONEYCLIPS SPRING 2014
This will
deactivate the
Text Banking
Service
TRANS $$$$
The transfer you specified will
be made to your primary Share
account and you’ll receive a
confirmation via returned text
SOLUTIO N S PROTECTING YOUR CONFIDENTIAL INFO
Stay safe
Tips for protecting your confidential info
■ In the wake of security breaches,
reports of credit card skimming, and increasing cases of
identity theft, knowing how to protect your confidential
information is becoming increasingly important. Whether
you are banking online or offline, below are some
important tips to keep in mind to ensure your confidential
information remains just that.
Banking on the Web
• Never use an unknown or kiosk computer to access your
bank account
Keeping it safe offline
• Lock financial documents in a safe place at home
• Keep your wallet or purse in a safe place at work to avoid
coworkers or others stealing them
• Never click on a link sent to you via e-mail to access
your bank account
• Take only the identification, credit, and debit cards you
plan to use when you go out. Leave your Social Security card at home. Make a copy of your health insurance card and black out all but the last four digits on the copy. Carry the copy with you — unless you are going to use your card at the doctor’s office.
• Always make sure you are connected to your financial
institution’s legitimate online banking site and not a fraudulent one made to look like the real site. Look at the URL to validate authenticity of the connection
• Before you share information at your workplace, stores,
your child's school, or a doctor's office, ask why they need it, how they will safeguard it, and if you are required to share it.
• Make your password difficult to crack by including upper
case, lower case, numbers, and special characters
• Shred receipts, credit offers, credit applications,
insurance forms, physician statements, checks, bank statements, expired credit cards, and similar documents when you don’t need them any longer.
• Never use a computer that does not have the latest anti virus software installed and working
Shred unwanted
documents for free
Make sure important papers don’t get in the wrong
hands. Shred old bills, account statements, or
anything with your account or Social Security
Number on it at SEFCU’s shredding days:
Patroon Creek branch
April 19 from 10 a.m. – 12 p.m.
Altamont branch
April 26 from 10 a.m. – 12 p.m.
Clifton Park branch
May 31 from 10 a.m. – 12 p.m.
Visit sefcu.com for directions.
• Destroy the labels on prescription bottles before you
throw them out. Don’t share your health plan information with anyone who offers free health services or products.
• Take outgoing mail to post office collection boxes or
the post office. Promptly remove mail that arrives in your mailbox. If you won’t be home for several days, request a vacation hold on your mail.
If you’re ever in doubt about providing
your information it’s always better to err
on the side of caution. To learn more
about how you can protect yourself visit
www.sefcu.com/privacy.
MONEYCLIPS SPRING 2014 9
sefcu mortgage ser v ices 6 - M O N T H R A T E L O C K
SEFCU MORTGAGE SERVICES
Lock it in!
■ Building a home is stressful enough between
picking out cabinets, coordinating contractors, and
packing to move, so SEFCU Mortgage Services wants
to take some of the pressure off by letting you lock your
interest rate for up to six months!
With SEFCU Mortgage Services’ 6-month rate lock
you can feel confident knowing your monthly mortgage
payment for up to 180 days before you close on your loan
and throughout the building process. Take advantage of
the 6-month rate lock when choosing a 5/1 ARM, 10/1
ARM, or a 10-, 12-, or 15-year fixed-rate mortgage.
6-month rate locks:
• Can be used to finance a primary residence or
second home
• Require a 1% rate lock deposit that is refundable
upon closing
• Are offered at .125% higher than published rates
Feel confident knowing your rate is locked in a rising rate
environment. Consider the 6-month rate lock if you are
thinking of building a new home! Call 518-783-1234 or
800-444-6313 in the Capital Region, Binghamton, and
Buffalo to find out how you can lock your rate today! In
Syracuse, call 315-701-1390.
Please contact a SEFCU Mortgage Services representative
for a full listing of products and details. Please note: We
reserve the right to alter or withdraw these products or
certain features thereof without prior notification.
621 Columbia Street Ext., Cohoes, NY 12047 and
200 Salina Meadows Parkway, North Syracuse, NY 13212
Licensed Mortgage Banker - New York State Department of
Financial Services
NMLS Company ID – 309847
10 MONEYCLIPS SPRING 2014
SOLUTIONS ABANDONED PROPERTY
Don’t let
your assets
become
abandoned
property
■
For your protection, banks,
credit unions, insurance
companies, utilities, investment
companies, and many other
businesses are required
by New York State law to
surrender accounts that have
been inactive for three years.
These accounts are known
as “lost,” “abandoned,” or
“unclaimed” funds.
If accounts remain dormant for
three years, the assets will be
turned over to the Office of the
State Comptroller which will
serve as the custodian of the
money. If you can prove you are
entitled to the money you can
reclaim it as yours at any time.
To avoid this hassle, simply
make a deposit or withdrawal to
or from your account.
For information about SEFCU’s
abandoned property policy, call
the Member Solutions Center
at 518-452-8183 or
800-727-3328.
You can search for
abandoned property
or unclaimed funds at
ouf.osc.state.ny.us
MONEYCLIPS SPRING 2014 11
#
80
5...Fully automated loan
applications at sefcu.com
12 MONEYCLIPS SPRING 2014
L I F E S T Y L E S E N J OY T H E G R E AT O U T D O O R S A N D B O O S T YO U R H O M E ’ S VA L U E
Out in the Open
Home equity loans and lines of credit can help you
finance your next big outdoor landscape project
■ You don’t have to get away to enjoy the great outdoors. The best
outside spaces could be in your own back or front yard.
The outdoor evolution
Today’s outdoor spaces are varied, intricate, and personalized and it’s not unusual to
see combinations of decks, patios, water features, and even fire elements incorporated
into designs. And, evolving material selections are also giving homeowners more
choices. Many people are also moving toward composite decking to eliminate splinters
and maintenance, and pavers and retaining walls can offer uniformity in color and
appearance, making them an attractive alternative to natural stone.
First impressions
Even if you aren’t planning on selling your house, curb appeal remains the foundation of
that critical first impression. An attractive, well-maintained front yard looks inviting and
shows that you care about the appearance of your home – inside and out.
If you are planning on selling in the next few years, it may be wise to consider installing
a deck or patio. They tend to give the house more of a finished look and may add some
value to the resale of your home.
MONEYCLIPS SPRING 2014 13
L I F E S T Y L E S E N J OY T H E G R E AT O U T D O O R S A N D B O O S T YO U R H O M E ’ S VA L U E ( C O N T I N U E D )
The professional approach
Frugal homeowners often tackle their own landscaping
projects to stretch their dollars, but sometimes do-ityourself projects may look like exactly that. Consider
getting estimates from professional landscapers who
can make recommendations for your yard, taking into
consideration the soil type, drainage, amount of sunlight
(or shade) in your yard and a number of important
factors. Even if you can’t afford to have the whole project
completed at once, with the help of a professional you
can develop a phased plan to implement over a series of
several years to spread out the cost. But, if you really want
to jump right in and show off your green thumb, think
about attending a class at a home improvement store. The
tips you’ll get will be worth your time!
Money talks
Setting a budget is a smart step for homeowners who want
to control cost and outcomes. Landscapers will work with
homeowners to review options and then determine a plan
that fits the budget and meets your goals.
SEFCU can help
No matter if you choose to do it yourself or hire a
professional, SEFCU can help you get the money you
need to beautify your yard this spring with a home
equity loan or line of credit. Apply online at sefcu.com,
stop by any branch, or call the Member Solutions Center
at 518-452-8183 or 800-727-3328 to get started today!
14 MONEYCLIPS SPRING 2014
IN SU R AN CE PROTECT YOURSELF WITH AN UMBRELL A POLICY
SEFCU INSURANCE AGENCY
Get peace
of mind and
the protection
you need…under one umbrella
J
ust the way an umbrella protects you – and the area around you – from rain,
an umbrella insurance policy does the same thing. Even though you may
have auto or homeowners insurance, by adding umbrella coverage to your
insurance you can feel secure knowing you have an extra layer of protection
in the event of a lawsuit. Find out more...
MONEYCLIPS SPRING 2014 15
IN SU R AN CE PROTECT YOURSELF WITH AN UMBRELL A POLICY ( CONTINUED )
#
80
4...SIA provides one-stop
shopping for insurance
SEFCU Insurance Agency offers
Homeowners insurance • Condo and renters insurance
■ Umbrella policies supplement
Auto insurance • Motorcycle insurance • Life insurance
your personal auto and homeowners policies by
covering beyond the limits of liability provided
with this protection and work as a safeguard to protect
your wealth and assets in the event of an accident.
With umbrella policies you choose how much additional
coverage you would like, but it typically starts around $1 million.
Boat and RV insurance • Personal Umbrella insurance
Vacation and Rental Home insurance
Antique car insurance • Collectible insurance
Get under the umbrella
With an umbrella policy from SEFCU
Insurance Agency you’ll enjoy:
• Peace of mind knowing you could get
up to $1 million of additional
coverage beyond the personal
liability insurance you normally
carry
• Protection from having to make
payments of judgment against you in
the event of an accident
• Worldwide coverage for your auto
and watercraft
• Payment of legal defense costs in
addition to indemnity where there is
no underlying coverage
Get the protection you need with
an umbrella policy from SEFCU
Insurance Agency. Call us today at
518-786-9905 or 888-250-6689 or
request a free quote by visiting
www.sefcuinsuranceagency.com.
16 MONEYCLIPS SPRING 2014
How an umbrella policy works
John Doe swerves to avoid an
obstacle on a busy highway and
causes an accident. Everyone
survives, but many are
severely hurt and the sum
of the medical bills climbs
to $800,000. John’s auto insurance
only covers $500,000, but he has
an umbrella policy, which covers the
remaining $300,000. Without the
additional coverage John may
need to pay the $300,000
out of pocket.
W E A LT H M A N A G E M E N T S E R V I C E S Q & A W I T H T O M M C G R AT H
WEALTH MANAGEMENT SERVICES
Get to know your
Certified Financial Planner™
Fifteen Minutes With Tom McGrath, CFP®
I
f you’ve decided to enlist the help of a professional to assist you in making financial decisions, finding someone you are comfortable with is important. Here are some thoughts from Tom McGrath, Certified Financial Planner™, at SEFCU Wealth Management
Services.
Question: How do you assist SEFCU
members/clients?
Tom McGrath: As a Certified Financial
Planner™, we help members identify the reasons behind
their financial decisions by establishing what we call a
“financial vision” and “vision statement.” The vision statement
is the compass that guides us as we develop a long-term
financial plan. Keeping each person’s goals in mind, we
develop a plan that starts to look at the steps people will need
to take to achieve them as well as certain “what if” scenarios.
Once a plan is developed we’ll suggest different strategies
that help increase the likelihood of success. Lastly, we’ll work
with members to monitor how those strategies are working to
ensure they remain aligned with our client’s vision statement.
From there, the process repeats itself starting with a review of
their vision statement. Life is not static, and members need a
dynamic approach to planning.
MONEYCLIPS SPRING 2014 17
W E A LT H M A N A G E M E N T S E R V I C E S Q & A W I T H T O M M C G R AT H ( C O N T I N U E D )
Q: What are some solutions
to the challenges clients may
encounter?
A: Working with a trusted advisor is an
important part of helping members stay
on track. When working with members we
consider the whole picture and develop a
dynamic approach that is customized to each
person.
Because we don’t work on commission,
members can expect unbiased and impartial
advice.
Q: What type of “what if”
scenarios do you look at?
A: If we’ve learned anything over the
last ten years it’s that market volatility can
wreak havoc on even the most conservative
investment approaches. So one of the scenarios I look at
is the impact a bear market would have at the time when a
client plans on retiring. By presenting the various possible
scenarios, individuals may decide to save more now or
change their retirement date.
Other scenarios involve the unexpected death of a spouse
and how that financially impacts the surviving spouse, or
what happens when the primary bread winner is disabled,
or how inflation can impact retirement income.
Ultimately, the scenarios we run are based on where each
member is in his/her life and what the biggest concerns are.
Schedule your no-obligation consultation
today. Call SEFCU Wealth Management
Services at 518-451-2948.
Q: What can members expect when they
are working with you?
A: We are committed to providing honest and impartial
advice. We believe the recommendations we give will help
members pursue their long-term goals.
Q: What are your thoughts on SEFCU
turning 80?
A: The fact that SEFCU is turning 80 is a testament to
our members and the way the organization is run. Just like
any successful enterprise, SEFCU evaluates, adjusts and
recreates its business plan, just like every family should.
There is an old adage in the financial planning world that
holds true for businesses and individuals alike. “Nobody
plans to fail, instead they fail to plan.” SEFCU’s success
is a result of planning and adapting to change which is the
same basic process we use with our clients.
Not NCUA Insured
Not Credit Union Guaranteed
May Lose Value
Not Insured by Any Federal Government Agency
Not a Credit Union Deposit
*Securities offered through LPL Financial, member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates.
SEFCU and SEFCU Wealth Management Services are not registered broker/dealers and are not affiliated with LPL Financial. Advisory services
offered through LPL Financial, a registered Investment Advisor.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a
qualified tax advisor.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNERTM and CFP® in
the U.S.
18 MONEYCLIPS SPRING 2014
smart sense C O L O R I N G C O N T E S T
What’s your
favorite color?
■ Get your crayons ready because SEFCU is
having a coloring contest this spring! Smart Sense members
from 3-17 can enter and will be judged based on the following
age groups: 3-5, 6-8, 9-12, and 13-17. One winner* from
each group will be selected and $50 will be deposited into
his/her SEFCU account. The grand prize winner will be
selected through a Facebook vote and the artist will receive an
additional $100 deposited in his/her account. The contest runs
through April 30 and students in SEFCU’s School Banking
Program will be judging the entries.
Want to participate? Visit sefcu.com/coloring to
download and print the blank coloring pages or stop by any
branch to pick one up. Completed entries can be dropped off at
any SEFCU branch or returned by mail to: SEFCU Marketing,
700 Patroon Creek Boulevard, Albany, NY 12206. Hurry!
Colored pages are due to SEFCU no later than April 30, 2014!
*SEFCU employees and their immediate families not eligible. One entry per
Smart Sense member. Must be a Smart Sense member to participate. Winners
will be announced in May and deposits will be made to winners’ accounts
after they have been notified. To participate without submitting a coloring
sheet, you may also send a 3”x5” card with your name and phone number to
SEFCU Marketing/Coloring Contest, 700 Patroon Creek Blvd., Albany, NY
12206. Entries must be postmarked no later than April 30, 2014.
SEFCU SMART SENSE
You could be a winner!
Register for a drawing to win* a $100 Visa® Gift Card.
If you have a Smart Sense account at SEFCU, here’s your chance to win
a $100 Visa Gift Card. Fill out this entry blank and drop it
off at any branch or mail it by June 30, 2014 to: SEFCU Marketing,
700 Patroon Creek Blvd., Albany, NY 12206.
Member Name
Member Number
Phone Number
E-mail Address
*SEFCU employees and their immediate families are not eligible. Open to Smart Sense
members only. If you have more than one Smart Sense member in your family, photocopies
of this entry form are acceptable. One entry per person.
MONEYCLIPS SPRING 2014 19
MONEYCLIPS
S P R I N G 2 0 14
Patroon Creek Corporate Center
700 Patroon Creek Boulevard
Albany, NY 12206
PRESORTED STANDARD
U.S. POSTAGE
PAID
SARATOGA SPRINGS NY 12866
PERMIT #426
MoneyClips is a quarterly newsletter published
for the benefit of SEFCU members.
Main Number 518-452-8183 • 800-727-3328
DIAL Automated Phone Svc. 518-452-2874 • 800-733-2848
SEFCU Insurance Agency 518-786-9905 • 888-250-6689
SEFCU Mortgage Services 518-783-1234 • 800-444-6313
Website www.sefcu.com
b an k ing with a purpose J oin S E F C U in supporting he a rt he a lth
SEFCU’s got heart!
BUFFALO
For the first time, SEFCU is chairing the American Heart
Association’s (AHA’s) Heart Walk in the Capital Region.
Since the AHAs “Go Red for Women” kicked off in February, SEFCU
employees have been “going red” to raise awareness about the number one
killer of women in America.
The walk will take place on Saturday, May 10 at 9 a.m. at the Crossings of
Colonie. Support “Team SEFCU!” Visit sefcu.com/GoRed to participate in the
walk or to make a donation.
Thank you!
In February all SEFCU branches sold paper “hearts” with
proceeds going to benefit the American Heart Association.
Many thanks for your generosity as SEFCU raised more than
$10,000 through these sales. Our Clifton Park, Amsterdam,
and Wolf Road branches were the top sellers this year.