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.