11254 CAHP Spring E Newsletter M1.0
Transcription
11254 CAHP Spring E Newsletter M1.0
DISPATCH Spring 2014 Dedicated to Serving Those Who Serve Us. C.A.H.P. Credit Union Can Help Ease Debt-Related Anxiety at Home and on the Job. Having unstable finances can lead to crippling stress at work and home. The anxiety caused by being neck deep in bills and not having a rainy day fund can wreak havoc in our lives and on our nerves. Our goal at the C.A.H.P. Credit Union is to help you become financially literate. We do not want to simply provide you with ideas; we want to offer you the resources to better understand your personal finances. This concept sparked the design of an online financial literacy quiz for our members to take with your participation resulting in an actual reward. If you receive an 80% or higher on this quiz, you could receive up to 2% off a debt consolidation loan.* Our financial program is not simply offering a laundry list of theoretical ideas. It provides resources to better understand and revitalize your personal finances. This concept sparked the design of an interactive module aimed to educate members on ways to improve their finances. Not only will this educational service teach our members how to create and balance a budget, it will reward those who actively participate. At the end of the program members receive a score. For those who receive a score of 80% or better, C.A.H.P. Credit Union will reward them with an interest rate reduction on their debt consolidation loan.* We want to work with you. C.A.H.P. Credit Union wants you to be safe and financially secure. You may be curious how we are able to do this? The answer is in our name and goal. C.A.H.P. Credit Union is a not-for-profit financial institution, a member-owned and member-focused cooperative. Our goal is to share the profits with our members because our members are not just another client. Our members have ownership in the credit union. I am committed to not only providing the traditional and latest credit union services to our members, but also to give our members confidence in making finance decisions. C.A.H.P. Credit Union would love to see every single member take the financial literacy quiz. Once a strategy for eliminating debt has been put into action, it is time to start planning for the future. Working to avoid future debt; saving money for a rainy day fund; and saving for future needs – such as college expenses – are vital steps in eliminating financial stress. This is one of a host of reasons that your C.A.H.P. Credit Union is dedicated to providing the tools needed to help those who serve us get through difficult financial times and become more financially stable. We know that you decided to serve your community because you wanted to make a better world for your friends and family. A critical step in breaking free from debt is becoming financially literate, understanding your personal financial details and developing a realistic budget. We offer Consumer Credit Counseling Services completely free for all of our members, whether you feel buried under mountains of unpaid bills or simply are concerned that you might be spending more than you can afford. This is an accredited service aimed to help our members gain the skills necessary to not only eliminate their debt, but also improve their credit scores and improve their lives. C.A.H.P. Credit Union is committed to giving our members confidence in making financial decisions. Your Credit Union’s ultimate goal is to see every single member benefit from the potential rewards of the financial education we offer. I am confident that with this extended knowledge on wise spending and avoiding money mistakes, our members will feel less stress and greater financial security. When peace officers fret about their next paycheck and are struggling over debt and family finances, it can become difficult to keep focused on the crucial work at hand. C.A.H.P. Credit Union provides several additional services designed with your family in mind. We understand that the financial concerns of law enforcement personnel are different than those of our neighbors. Everything we do at the C.A.H.P. Credit Union is directed not only toward protecting the financial health of our members, but enhancing your purchasing power and helping you plan for a secure and enjoyable retirement. My goal has always been to offer law enforcement an array of mobile banking tools, including a smartphone application and mobile phone friendly website, as well as 24-hour online and telephone assistance for all your financial needs. For more information on our credit counseling program and other ways that C.A.H.P. Credit Union can help you, please visit our website at cahpcu.org and click on “BALANCE Program” under the “Membership” tab. Brad Houle President, C.A.H.P. Credit Union rate reduction is subject to credit approval. All loans are granted * Interest upon approval of credit (OAC). This offer is not valid on existing C.A.H.P. Credit Union loans. Offer subject to change at any time. You Deserve a Break: C.A.H.P. Credit Union Offers Low-Stress Loans for Recreational Vehicles It can be a challenge to strike the right work-life balance, particularly in a line of work that can be as stressful as public safety. But research has shown that failing to disengage and take time off can affect your health, have a negative impact not only for you but your family, friends and your work. The C.A.H.P. Credit Union understands that “mentally unplugging” from work-related stress and spending quality time with family and friends is priceless. If you have considered buying a recreational vehicle to hit the road with loved ones, C.A.H.P. Credit Union can help make that a reality. RVs can mean convenient and affordable access to endless relaxation, adventure and recreation. Many financial institutions consider RV luxury items, and apply more stringent standards for RV loans than others. C.A.H.P. Credit Union sees it differently. We want to help law enforcement officers to achieve balance and the much-needed downtime you deserve. We think it benefits everybody when our members can take fishing trips with friends, cross country sightseeing with family and any number of other adventures. This is why we make it a priority to provide our members with competitive rates on RV Loans and work with you to find the finance amount, length of loan and interest rate that is right for you. C.A.H.P. Credit Union makes it simple to get what you want, when you want it and have a worry-free loan designed to meet your needs. We offer competitive loans for new and used vehicles to meet all of our members’ needs, including cars, trucks, SUVs, motorcycles, RVs, watercraft and off-road vehicles. Some of the key benefits of these loans include: • Terms up to 84 months • Fast and easy application process We even offer the flexibility to skip a loan payment without impacting your credit rating. The Skip-A-Payment Program** gives qualified members the option to defer a monthly payment on an eligible loan up to two times in a year. The C.A.H.P. Credit Union is here to help ease the anxiety and stress of purchasing a family vehicle to put you on the road to recreation. ** Fees apply. DISPATCH Spring 2014 Dedicated to Serving Those Who Serve Us. DEBT CONSOLIDATION C.A.H.P. Credit Union Notice of Vacancies Dear Members: LOANS Living with mountains of debt is one of the biggest stressors in today’s society. For our members, law enforcement officers seeking to make ends meet and provide financial stability for their families, it can lead to distractions, depression and worse. It is a priority of ours at the Credit Union to keep our members from suffering from unnecessary financial anxiety. If you make the important decision today to tackle your mounting debt, we will stand with you through the entire process and help make it happen. You can start saving money and improving your credit right now with a Credit Union debt consolidation loan. We have designed this program specifically to meet the unique needs of the public safety community. During the entire process, we will be there. Our experienced and dedicated financial service representatives are available aroundthe-clock to provide answers to any questions you may have. We have even designed a tool to help you learn about debt and finances and potentially help you save money. Take our online financial literacy quiz and you could receive up to 2% off a debt consolidation loan if you score 80% or higher.* Does Your College Fund Need A Little Backup? We’re awarding $5,000 in academic scholarships and there’s still time to apply! click HERE It is time to announce C.A.H.P. Credit Union’s Annual Meeting and Election. Members are invited to attend Monday, August 25, 2014 at 5:30 p.m. Additional details and information regarding the Annual Meeting will be provided to members at a later date. The following volunteer official positions are up for election. We have learned that a critical step in breaking free from debt is becoming financially literate, understanding your personal financial details and developing a realistic budget. We offer Consumer Credit Counseling Services completely free for all of our members, an accredited service aimed to help you gain the skills necessary to not only eliminate your debt, but also improve your credit scores and save for the future. Board of Directors: There are three (3) positions up for election. All positions are 3-year terms. Supervisory Committee: There is one (1) 3-year position up for election. Nomination Procedures: Qualified members may be nominated by one of two methods: (1) nomination by the Nominating Committee or (2) nomination by Petition. Those eligible members who wish to be considered by the Nominating Committee must obtain and complete Official Application Documents from the Nominating Committee by May 29, 2014. Please send a written request to receive the Official Application Documents to the address below. Eligibility criteria for candidates will be provided with the Official Application Documents. Here’s how it works: Call us at 800.542.2247 anytime, day or night. No matter when you’re ready, our financial representatives are here to help every step of the way. You can also apply for your loan online in just a matter of minutes cahpcu.org and clicking the “GET STARTED” link. Once your strategy to whittle down your debt is in place, we will help you put into action a plan for the future including building up emergency reserves and saving for future needs - such as college expenses. Candidates choosing to run by petition must obtain and complete Official Application Documents, including a Petition Form, no later than June 30, 2014. To be eligible to run by petition, candidates must submit the following documents to the Credit Union at the address below: 1) Official Application Documents; and 2) Petition Form signed by eligible voting members. To be valid, the Petition Form must be signed by 100 C.A.H.P. Credit Union members. Your Credit Union provides several additional services designed with your family in mind. We understand that the financial concerns of law enforcement personnel are different than those of our neighbors. Everything we do at the Credit Union is directed not only toward protecting the financial health of our members, but enhancing your purchasing power and helping you plan for a secure and enjoyable retirement. Address for Requesting and Submitting All Forms: C.A.H.P. Credit Union Attn: Nominating Committee P.O. Box 276507 Sacramento, CA 95827-6507 For more information on our debt consolidation loan, credit counseling program and other ways that the Credit Union can help you, please visit our website here. Interest rate reduction is subject to credit approval. All loans are * granted upon approval of credit (OAC). This offer is not valid on existing C.A.H.P. Credit Union loans. Offer subject to change at any time. There will be no nominations from the floor. The election will not be conducted by ballot unless there is more than one nominee for each position. Holiday Observance CAHPCU will be closed Monday, May 26 - Memorial Day Friday, July 4 - Independence Day *********** Office Hours 8:00 a.m. - 4:30 p.m. | Monday - Friday Headquarters 2843 Manlove Road Sacramento, CA 95826 Branch Office 9471 Pittsburgh Avenue Rancho Cucamonga, CA 91730 800.542.2247 | www.cahpcu.org Account Access and Information 24-Hour Visa Information and Share/ Loan Account Access: 800.522.4724 Lost or Stolen Visa Cards During Business Hours Call or visit your local C.A.H.P. Credit Union office After Hours or Weekends Visa Credit Cards 800.453.4270 (U.S.) 813.570.4881 (Int’l) Visa Check Cards 800.754.4128 By members’ choice, your deposits are insured by American Share Insurance up to $500,000 per account. This institution is not federally insured, or insured by any state government. Note: The contents of this newsletter are designed to furnish information to our members with the understanding that it does not constitute accounting, legal, tax or other professional guidance. Expert assistance should be sought from professionals within the specified field. Rates, policies, procedures and services are subject to change and/or deletion without prior notice.
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