Member Matters - Central Maine CUcredit unions. We believe you should be able to count on your home...
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Member Matters July 2016 Our Mission: Serving members with convenient financial services and a smile they can trust. EQUAL OPPORTUNITY LENDER Bank where you belong. 1000 Lisbon Street · Lewiston, ME 04240 836 Center Street · Auburn, ME 04210 207-783-1475 www.centralmainecu.com Credit Union Closings Monday, July 4 Independence Day Monday, September 5 Labor Day Monday, October 10 Columbus Day Friday, November 11 Veterans Day Thursday, November 24 Thanksgiving Day Monday, December 26 Christmas Monday, January 2, 2017 New Year’s Day OUR DRIVE-UP HOURS ARE CHANGING! Effective September 1, 2016, Saturday Drive-up hours will be 9:00 A.M. - Noon. 2016 DOMINIC ROUX SCHOLARSHIP RECIPIENT Brian Daniels of Lewiston has been awarded the 2016 Dominic J. Roux Scholarship from Central Maine Credit Union. Brian is a graduate of Oak Hill High School and is entering his senior year at Husson University in Bangor majoring in Physical Education. IT’S HERE! WE NOW OFFER MOBILE DEPOSIT Mobile Deposit applications are available at the Credit Union or you may print one from our website at www.centralmainecu.com. You must have Mobile Banking in order to use Mobile Deposit. Also, check out the upgrade for the AnyTime Access Mobile App. Members now have the ability to view multiple accounts by using the “Change User” option. You must download the upgrade on your phone to be able to have access to multiple accounts using mobile banking. And, please note this new feature: Cross account transfers are now available in Mobile Banking! CU PROMISE – HOME LOANS FOR MAINE The CU Promise Mortgage is offered by Central Maine Credit Union and CUSO Home Lending, a licensed mortgage company owned by Maine credit unions. We believe you should be able to count on your home loan and the people who offer it. If you’re purchasing a home in Maine, you are eligible to apply. Low Downpayment Options: 3% Down! The CU Promise 97 Loan finances 97% of the sale price (or appraised value, whichever is less). That means you only need 3% for your downpayment! Not everyone can qualify for this loan, but if your credit is excellent and certain guidelines are met, the CU Promise 97 Loan eliminates the need for a giant downpayment. 10% Down with No PMI! The CU Promise 90 Loan can be used for the purchase of your primary residence or a second home, AND, it is still just half of the traditional downpayment requirement of many loans! But perhaps the biggest advantage of the CU Promise 90 mortgage is that it does NOT require Private Mortgage Insurance (PMI)! That means more of your monthly payment goes to reduce your principal balance. CU Promise Mortgages are serviced in Maine and we won’t sell your loan. Ask us for details about how PMI works and how you can save with the CU Promise 90 Loan. Contact Nikki Lacroix or Elaine Roy for information. SHARED BRANCHING Whether you’re planning a trip or moving away from home, we’d like to tell you about shared branching. The nationwide community of credit unions allows you to do your banking at any participating branch - that’s over 5,000 locations - while keeping your account at your home credit union. There are more than 170 locations in Maine alone - more branches than any bank in Maine! Shared branching ensures that you won’t be far from a convenient credit union while remaining loyal to your local credit union. So whether you need to withdraw money, deposit a check, or make your loan payment, you can take care of your financial needs no matter where you are. Best of all, shared branching is a completely free service! Check out mainecreditunions.org to find the branch nearest you, and stop in on your next trip out of town.
Transcript of Member Matters - Central Maine CUcredit unions. We believe you should be able to count on your home...
Member Matters
July 2016
Our Mission: Serving members with convenient financial services and a smile they can trust.EQUAL OPPORTUNITYLENDER
Bank where you belong.
1000 Lisbon Street · Lewiston, ME 04240836 Center Street · Auburn, ME 04210
207-783-1475www.centralmainecu.com
Credit Union ClosingsMonday, July 4Independence Day
Monday, September 5 Labor Day
Monday, October 10Columbus Day
Friday, November 11Veterans Day
Thursday, November 24Thanksgiving Day
Monday, December 26Christmas
Monday, January 2, 2017New Year’s Day
OUR DRIVE-UP HOURS ARE CHANGING!Effective September 1, 2016, Saturday Drive-up hours will be 9:00 A.M. - Noon.
2016 DOMINIC ROUX SCHOLARSHIP RECIPIENTBrian Daniels of Lewiston has been awarded the 2016 Dominic J. Roux Scholarship from Central Maine Credit Union. Brian is a graduate of Oak Hill High School and is entering his senior year at Husson University in Bangor majoring in Physical Education.
IT’S HERE! WE NOW OFFER MOBILE DEPOSITMobile Deposit applications are available at the Credit Union or you may print one from our website at www.centralmainecu.com. You must have Mobile Banking in order to use Mobile Deposit. Also, check out the upgrade for the AnyTime Access Mobile App. Members now have the ability to view multiple accounts by using the “Change User” option. You must download the upgrade on your phone to be able to have access to multiple accounts using mobile banking. And, please note this new feature: Cross account transfers are now available in Mobile Banking!
CU PROMISE – HOME LOANS FOR MAINE The CU Promise Mortgage is offered by Central Maine Credit Union and CUSO Home Lending, a licensed mortgage company owned by Maine credit unions. We believe you should be able to count on your home loan and the people who offer it. If you’re purchasing a home in Maine, you are eligible to apply.
Low Downpayment Options: 3% Down!
The CU Promise 97 Loan finances 97% of the sale price (or appraised value, whichever is less). That means you only need 3% for your downpayment! Not everyone can qualify for this loan, but if your credit is excellent and certain guidelines are met, the CU Promise 97 Loan eliminates the need for a giant downpayment.
10% Down with No PMI!The CU Promise 90 Loan can be used for the purchase of your primary residence or a second home, AND, it is still just half of the traditional downpayment requirement of many loans!
But perhaps the biggest advantage of the CU Promise 90 mortgage is that it does NOT require Private Mortgage Insurance (PMI)! That means more of your monthly payment goes to reduce your principal balance. CU Promise Mortgages are serviced in Maine and we won’t sell your loan. Ask us for details about how PMI works and how you can save with the CU Promise 90 Loan.
Contact Nikki Lacroix or Elaine Roy for information.
SHARED BRANCHINGWhether you’re planning a trip or moving away from home, we’d like to tell you about shared branching. The nationwide community of credit unions allows you to do your banking at any participating branch - that’s over 5,000 locations - while keeping your account at your home credit union. There are more than 170 locations in Maine alone - more branches than any bank in Maine!
Shared branching ensures that you won’t be far from a convenient credit union while remaining loyal to your local credit union. So whether you need to withdraw money, deposit a check, or make your loan payment, you can take care of your financial needs no matter where you are. Best of all, shared branching is a completely free service! Check out mainecreditunions.org to find the branch nearest you, and stop in on your next trip out of town.
NEW VISA CREDIT CARD
We are excited to announce improvements to our credit card program, including enhanced security with the new EMV chip, online access to view your account, a new credit card design and electronic statement availability.
Advanced EMV Chip technology for credit cards using embedded microchips.
This new chip-based technology provides an enhanced layer of security to your transactions. Each cardholder has their own individual card number, CVV number and expiration date. This is a new security feature that provides added convenience in the event of a merchant breach. If two members on the same account have their own card, and one card is compromised, we no longer have to replace both cards.
24/7 online access to your Credit Card account!
Pay your Credit Card bill and manage your account conveniently -online 24/7!
When you are logged into AnyTime Access Online Banking, click on “Card Prod #####” then click on “Click here to access your Fiserv CPS credit card features”. You will then have access to:
• Account Summary Information and balance inquiries
• Online Credit Card Payments and payment information
• Pay your credit card bill from an account at another financial institution
• View your Credit Card transaction history and pending transactions
• View Online Statement
• E-mail notifications of account transactions
For 24 hour access and to report your Credit Card lost or stolen when the Credit Union is closed: 1-855-553-1061.
For more detailed information about our Visa EMV Chip card, visit our website at www.centralmainecu.com.
MEET OUR CUNA CERTIFIED FINANCIAL COUNSELORS
As CUNA Certified Financial Counselors, we are ready to assist you by analyzing your financial situation, helping you set financial goals by setting up a budget, reviewing your credit reports, and helping you meet your financial objectives.
We look forward to meeting with you. Call us at 783-1475 to schedule an appointment.
In order to be certified as a Financial Counselor, staff must complete the CUNA Financial Counseling Certification Program (FiCEP), to earn the designation of Certified Credit Union Financial Counselor (CCUFC). The CCUFC designation requires recertification every three years to ensure that knowledge about financial counseling is current.
WHAT YOU SHOULD KNOW ABOUT MERCHANT BREACHESIn the event of a merchant breach, it is our policy to block and reissue credit cards and debit cards that may have been compromised. We receive notification and a list from VISA for member cards that have been compromised. When we notify you of a breach and block and reissue your card, it is for your protection. The breaches do not originate from the Credit Union.
They occur at merchants where you use your card, such as stores, gas stations, etc. We enforce our policy of closing the affected card to protect our members from additional fraud that could be perpetrated on their accounts.
SUMMER READING GRANT
Central Maine Credit Union has awarded its 2016 Summer Reading Grant to the Lisbon Public Library. The grant is awarded to programs that encourage chilren to read during the summer months. The application is open to all public and school libraries in Androscoggin County. This grant will enable Lisbon Library to purchase quality books for the children to select at the end of their summer reading program.
$ MONEY MONDAYS $Central Maine Credit Union is offering free educational sessions on Mondays in July and August for teens and adults. The sessions will last less than an hour and will be presented by Credit Union staff. Everyone who attends one of our ‘Money Monday’ sessions will be entered into a drawing to win a $50 Visa Gift Card!
JULY
11th SMART MONEY CHOICES
18th UNDERSTANDING AND PROTECTING YOUR CREDIT and FIGHTING FRAUD
25th STRATEGIES FOR SAVING
AUGUST
1st CHECKING ACCOUNTS -
AVOIDING THE PITFALLS
8th HOW TO BUY A CAR
15th MAKING LIFE EASIER THROUGH CONVENIENCE
22nd CREDIT CARDS
Vicki Stuart, CCUFCNikki Lacroix, CCUFC Elaine Roy, CCUFC
Vicki Stuart, CEO of Central Maine Credit Union and Diane Nadeau, Librarian, Lisbon Library
All sessions will be held at 4:00 P.M. at 1000 Lisbon
Street, LewistonSign up for any or all sessions:
783-1475 or email: [email protected]
* Visa Gift Card drawing: August 23rd
