Opening early 2017 - Cinfed Credit Union

April 2016 Volume 38 No. 2
Cinfed in the COMMUNITY
Reinvesting in the community:
Community
corner
Cinfed surpassed $50 million in commercial loans by supporting local small
business owners, real estate investors, and low income families in our
community. Our single point of contact approach has proved successful, with
borrowers dealing with one loan officer throughout the entire process. We would
like to thank our Chief Lending Officer, Scott Federle, for making dreams come
true in the Greater Cincinnati area and creating #‎RemarkablePossibilities.
Our Skip-a-Pay promotion
raised over $2,500 for the
Children’s Miracle Network
Hospitals. CMN’s mission is to
raise awareness and
increase donations
to Children’s
Hospitals across
the country.
Huge milestone for Cinfed
For more information about our commercial lending program,
visit cinfed.com or call 513-333-3867.
Commonwealth
MEMBERSHIP NEWSLETTER
Opening early 2017
We are excited to announce our plans to build a new branch and Cinfed
headquarters at the corner of Ibsen and Kennedy in Oakley Station. This location
allows us to remain centrally located within our charter area of Hamilton, Boone,
Kenton and Campbell counties. Our senior management team and all support
staff will be relocating from downtown to this location. This move is not expected
to impact our current downtown branches located in the Federal Building and
at 830 Main Street. This is an exciting time for Cinfed, and we are looking
forward to expanding our services to Oakley and the surrounding communities.
Cinfed
Shredding Days
Love your savings
Cinfed will be hosting two
shredding events in April:
Everyone is looking for ways to save
money, and that’s just what Love My
Credit Union Rewards is all about.
Saturday, April 16 • 9am - 1pm
Glenway Branch
5147 Glencrossing Way
Cincinnati, OH 45238
Annual Meeting
set for June 7
You are cordially invited to attend
the Annual Meeting of members of
Cinfed Credit Union. The meeting
will be held in Cinfed’s lobby,
830 Main Street, Cincinnati, Ohio,
at 5:00 p.m., on Tuesday,
June 7, 2016.
The Nominating Committee
received applications from three
individuals to fill the three open
positions on Cinfed’s Board of
Directors. All applicants were
accepted by the committee.
Therefore, no mail ballots will be
sent to the membership this year.
The nominees will be voted in by
acclamation at the Annual Meeting.
Cinfed Credit Union
is excited to offer you
exclusive discounts and
benefits on products
and services you use every day.
Credit union members have already
saved over $1.4 billion with Love My
Credit Union Rewards discounts.
So along with lower loan rates and
fewer fees, here’s another way you
can save even more.
•
•
Receive a 10% discount
(business members a 15%
discount) on select regularly
priced Sprint monthly data
service. Plus, waived activation
fee on new lines and upgrade
fees ($36 savings each)
Get safety and security of
roadside assistance and more
•
•
•
for less than $1 per week* with
CU Road Pal.
Save up to $15 on TurboTax
Federal tax products
Save on services for your
home from ADT, DIRECTV,
Allied, and more
Earn cash back when you shop
at over 1,500 online retailers
with Love to Shop
The more offers you take
advantage of, the more you
save. Start saving today at
LoveMyCreditUnion.org.
*Based on individual roadside assistance plan
Saturday, April 23 • 9am - 1pm
Ft. Wright Branch
15 George Huser Drive
Ft. Wright, KY 41011
Apply for a Cinfed Visa credit card today
Experience the freedom of a Visa credit card from Cinfed. Our low rate credit cards
are perfect for travel and everyday purchases like gas and groceries. Our cards
carry no foreign transaction fee, fee-free balance transfers, plus no annual fee on
Visa Platinum and Gold cards. All of our credit cards offer fee-free
cash advances, as well as auto rental collision coverage.
Earn a point for every dollar you spend to redeem in
our CU Rewards mall for travel or merchandise.
Earn double points when you book travel
through CU Rewards. The possibilities are
endless with a Cinfed Visa credit card. To
apply, visit cinfed.com or call 513-333-3917.
Remarkable possibilities.
This is the perfect time to bring in
any sensitive financial documents
that will need to be shredded. Last
year we shredded over 5,000 pounds
of paper at both shredding events.
Shredding is an effective tool to use
to protect yourself from identity theft.
If you think you have been a victim
of identity theft, notify the police and
contact your credit union or bank
to close accounts and cancel
credit or debit cards. If your
social security number
has been compromised,
you can call the Social
Security Administration
at 800-772-1213.
Get ready for spring
home improvement projects
Let Cinfed help you tackle those home improvement projects with a Home
Equity Line of Credit. Whether you’re making home repairs or adding curb
appeal a Home Equity Line of Credit can help you turn your vision into reality.
Borrow up to 85% of the equity in your home and enjoy the same great rate no
matter how large or small your balance.
With rates as low as 3.50% APR*, low closing costs, and interest only payments,
a Home Equity Line of Credit from Cinfed can spring you toward your home
improvement goals.
Call 513-333-3782 for more details, or visit cinfed.com/HELOC to apply online.
*Rates subject to credit history.
Members save
hundreds with
Cinfed Insurance
The average member savings
with Cinfed Insurance to date
is $577 annually!*
It’s exciting to see so many of
our members saving money
with Cinfed Insurance, LLC.
Gail Gallo switched and saved
over $1,300 a year! Request
your free quote today and see
how much you can save.
Cinfed Insurance offers
policies to cover:
• Home
• Auto
• Rental
• Identity Theft & more!
What are you waiting for?
Get your free, no-obligation
quote today at: cinfed.com/
insurance or call 513-333-3990.
You love Cinfed,
tell your friends about us!
We do things differently at Cinfed. We
strive to provide exceptional member
service, better loan rates, lower fees
and 24/7 access to your account
through mobile and online
banking. We care about our
members’ success, and only
succeed when you do. It’s
the credit union difference.
It’s an honor to serve our
members, and we want
you to spread the word
about how much you love
being a Cinfed Member!
*Average Savings figure is a national average
savings number from the previous 12 months of
auto, homeowner, and packaged policyholders’
savings per customer when compared to the policy
holders’ former premiums. Individual premiums
and savings will vary. Insurance Products are not
insured by NCUA or any Federal Government
Agency; are not a deposit of, or guaranteed by the
Credit Union or any Credit Union Affiliate; and may
lose value. Any insurance required as a condition
of the extension of credit by Cinfed Credit Union
need not be purchased from our Agency but may,
without affecting the approval of the application for
an extension of credit, be purchased from an agent
or insurance company of the customer’s choice.
Apply for
a college
scholarship
Applications are still available for
the Louis M. Brown/Cinfed Credit
Union Memorial Scholarship.
Fourteen $1,000 scholarships will
be awarded this year at Cinfed’s
annual meeting on June 7, 2016.
To apply, either stop in to any Cinfed
branch location or print the application
online at www.cinfed.com. You can
also request an application to be
mailed by calling Elaine Browne
at 513-333-3860.
Since its establishment in 2000,
Cinfed has awarded over $175,000
to help further the education of
area students. Cinfed believes
in encouraging and supporting
education in the Greater Cincinnati
and Northern Kentucky Area.
Thrift Savings Plan and
401k opportunities
Take Advantage of a Rollover IRA TODAY!
Whether you have retired, changed jobs or are
at least age 59 ½ and still working, you have
an opportunity to give your retirement plan(s)
an upgrade. An IRA Rollover can provide
a number of advantages over your current
retirement plan.
Consolidate Your Accounts: If you have
multiple retirement accounts or IRAs,
consolidating your assets into one account
would make them much easier to keep track
of and monitor.
More Investment Options: One of the major
disadvantages to the TSP and most 401ks is the lack of
investment options. With an IRA your investment options are nearly unlimited.
Take advantage of all of the opportunities that are available.
More Withdrawal Options: A Rollover IRA provides much more flexibility on how and
when you can access your money. Take control of your money!
Professional Guidance: The Financial Planning Center can help you design an
investment strategy that is right for your situation. Let us help you improve your
ability to reach your retirement goals.
Are you age 59 ½ or older? The Thrift Savings Plan and most 401ks allow
employees to take “In-Service” distributions. In-service distributions allow a current
employee over the age of 59 ½ to rollover up to 100% of their current retirement
plan balance into an IRA with no tax consequences. You can also continue to make
contributions to your TSP or 401k account as you have been accustomed to doing.
Holiday hours
Cinfed will be closed in observance
of the following upcoming holidays:
Memorial Day
Monday, May 30
Fourth of July
Monday, July 4
Need more information? As a member, you have access to Cinfed’s Financial
Planning Center. Cinfed is committed to making the best resources available for
you to manage your finances and plan for your future. Brian Bushman and Kevin
Hagerty, financial advisors with Saxon Financial, will give you personal advice
focused on you, your needs, and your success.
To learn more about these opportunities contact:
Brian Bushman at 513-333-3901 or Kevin Hagerty at 513-333-3886
550 Main Sreet, Rm 5510 15 George Huser Drive
Cincinnati, OH 45202
Ft. Wright, KY 41011
Investments are not NCUA insured, not credit union guaranteed, and may lose value. Registered Representative
Securities offered through Cambridge Investment Research, Inc. A Broker/Dealer, Member FINRA/SIPC. Investment
Advisor Representative Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge
and Cinfed Credit Union are not affiliated.