YOU CAN USE - Ganaraska Financial

Index-Linked Term Deposits
Home and Auto Insurance
Are you a good driver and responsible homeowner? Our Home and Auto insurance Program offers
exceptional coverage for you as well as a variety of extended coverage options.
Auto insurance protects you if your car is stolen or damaged as the result of an accident. In addition, our
auto insurance takes care of expenses if you’re involved in an accident including: medical treatment and
care, possible legal costs, property damage and lost wages.
Home insurance shelters you from financial loss due to theft, unforeseen events and personal liability
that may occur if someone is injured while visiting your home; it can also protect against liability for
accidental damage to someone else’s property.
By grouping your home and auto insurance together, we can offer you exceptional discounts.
We are committed to the highest standards of integrity and client service and that is why we offer our
Claims Guarantee.
Benefits of the guarantee include:
• 24-hour, 7-days-a-week claims service
• No premium increases for client-paid claims
• Free claims advocacy
• Access to our claims appeal process
• Preferred repair and replacement contractors with guaranteed service
• Free additional advice and expertise for incidents that are not covered
*Some conditions aply. For details, please visit www.cumis.com or call CUMIS at 1-800-810-2847 and speak to a licensed
insurance representative.
Global Payment MasterCard
When you open a chequing account with
Ganaraska Financial Credit Union you will
automatically receive a GLOBAL PAYMENT
MasterCard, not only do you get a great value
package, you also get the most full-featured card
around.
The GLOBAL PAYMENT MasterCard is a convenient
extension of your account, offering flexibility and
worldwide global acceptance of a traditional
MasterCard credit card. It can be used anywhere
MasterCard is accepted including shopping
online and accessing cash at any ATM in Canada.
But, unlike traditional MasterCard credit cards,
the amount of your purchase is automatically
withdrawn from your chequing account.
If you don’t like using credit, you don’t have to.
You can use your GLOBAL PAYMENT MasterCard
card to access a line of credit attached to your
chequing account. • No annual fee
• Global Access – Shop with ease at over 24
million locations in the world.
• 24-hour lost or stolen card assistance
• MasterPurchase® 90-day Purchase Protection*
against theft and damage to items purchased with
your GLOBAL PAYMENT MasterCard
• Extended Warranty* automatically extends the
manufacturer’s warranty for up to two additional
years for items purchased with your GLOBAL
PAYMENT MasterCard • MasterTrip® includes accidental death
insurance, common carrier travel accident
insurance and baggage delay
If you don’t have your GLOBAL PAYMENT
MasterCard yet please request your card today!
If you are thinking of getting back into the investment market, but want the security of a term
deposit with the stock market gains, a Ganaraska Financial Credit Union Index-Linked Term
Deposit is an excellent investment option.
An Index-Linked Term Deposit is similar to a standard term deposit in that, at maturity, you are
guaranteed the full amount of your deposit. However, unlike the standard term deposit, no interest
rate is specified at the time of your investment. The rate of return depends on the increase in
the stock market index to which the deposit is linked. If the stock market decreases, no interest
is paid but you still receive your full principal. Index-linked term deposits are covered by deposit
insurance, within certain limits.
GFCU Index-Linked Term Deposits are ideal for:
• Conservative investors aiming to protect their principal, but wanting the potential to earn
returns based on equity market performance.
• Investors seeking to diversify their investment portfolios in Canadian corporations.
• Investors looking for an equity-linked investment that carries no fees or commissions.
Features and Benefits:
• Minimum deposit of $500
• Term length of 3 and 5 years; non-redeemable
• Opportunity to participate in the growth potential of equity
markets
• No risk to the investment principal
• Potential for greater returns in comparison to traditional term
deposits
• No commissions or management fees charged
• RRSP eligible
• Unlimited deposit insurance protection on registered plan deposits
For more information on GFCU Index Link Term Deposits please talk to one of our Call Centre Representatives or email
info@ganaraskacu.com
See how quickly Ganaraska can trim
down your interest charges and save you
thousands!
Apply online at www.ganaraskacu.com for a consolidation loan today!
what a $10,000 balance can cost you in one year
Ganaraska
Standard Credit Card
*Starting at 4.99% - $499 19.95% - $1,995
28.5% - $2,850
* Rates are subject to change.
Time to make your goals your reality
with Ganaraska Financial’s
PERSONAL
LOAN SPECIAL
Credit Union
ganaraskacu.com
Department Store Card
Rates as low as
www.ganaraskacu.com Toll Free 1 888 374 1717
17 Queen Street, Port Hope, ON L1A 2Y8 T: 905 885 8134 F: 905 885 8298
57 Albert Street, Cobourg, ON K9A 2P8 T: 905 885 8134 F: 905 372 0238
406 Sheridan Street, Peterborough, ON K9H 3J9 T: 905 885 8134 F: 705 750 1071
4.99%
Pay off debt
Travel
Cut up
high interest
credit cards
Catch up
on Bills
Go back
to school
Treat
Myself
!
SAVE MONEY
New Car...
New
Motorcycle?
APR
Apply online at ganaraskacu.com
*Rates are subject to change and terms and conditions do apply.
Credit Union
ganaraskacu.com
NEWS
YOU
CAN
USE
— SUMMER 2013 ­­—
ding free®
from sea to sea
From BC to Newfoundland, credit union
members have access to over 2,400*
surcharge-free ATMs. Added up, that’s
a bigger ATM network than most banks.
And it’s all ding free®.
Leave ATM surcharges behind you.
We’ve all been dinged by surcharge fees
at an ATM that wasn’t our own. But as a
member of Ganaraska Financial Credit
Union, you don’t have to rely on our ATMs
to keep from getting dinged ever again.
In fact, you’re part of one of the largest
surcharge-free ATM networks in the
country.
Any credit union ATM is your credit union ATM.
Belonging to a national ATM network
means you can bank ding free from sea to
sea, with access to a national network of
surcharge-free ATMs – a network bigger
than most banks. Just look for a ding free
sign on your ATM, and say goodbye to
those pesky surcharge fees.
Get the ding free locator app today.
Available for iPhone, Android, Windows
and Blackberry devices, our new ding free®
locator app can help you find the nearest
surcharge-free ATM – wherever you are. To
get yours for free, visit ding-free.ca
Text Banking
It is easy...
Check account balances and recent account
activity information from anywhere you can
get a signal-instantly. You’ll get the account
information you want, when you need it.
There’s no need to find a computer to check
your account balance. You can also instantly
check what activity has taken place with your
account.
Your personal information is always secure as
the only information that is transmitted is your
account balance or your recent account activity.
Even if you lose your phone, no one will be able
to make changes to your account, steal funds
or personal or financial information. And, it’s
quick and easy to cancel mobile banking if
needed.
Ready to sign up?
Getting started with mobile banking is easy.
All you need is access to online banking. Don’t
have online banking access? Contact a Call
Centre Rep at 1.888.374.1717 to sign up today.
If you’re already an online banking user:
1. Login to your online banking account
2. Click on the Account Services Tab
3. Click on Manage Mobile Banking
4. Enter your mobile phone information
5. You’ll receive a text message with your
passcode
6. Confirm your passcode and select the
accounts you want to access with mobile
banking
Once you’ve signed up, it’s easy to use.
Account Balance
To check your account balance, simply text BAL
to 66639. Within moments, you will receive
a text message with your account balance
information.
All Account Balances
To check all of your account balances, simply
text BAL ALL to 66639 (MONEY). You’ll receive a
text message with the balance information for
all your selected accounts.
Transaction History
To view your recent account activity, simply
text ACT to 66639 (MONEY). You’ll then receive
a text message with your five most recent
transactions on your account.
And, to make it even easier, you can save the
short code in your phone for quick and easy
access.You can even save your text messages
and simply resend for future use.
*Standard text messaging rates may apply depending on
your provider and plan
Make goals that make sense
Developing a plan and sticking to it could greatly
help you with future decisions.
Every day you have decisions to make. Some are smaller like deciding
if you should get a coffee on the way to work or maybe go out for lunch.
Some are bigger like choosing to repair your car or look for a new one.
And sometimes you need to make some of the biggest decisions of your
life like investing in your education or buying a new home. Everyone faces
choices like these at some point, so how can you make choices now that
will also work for you later? “Having a plan in place to meet your goals,
whatever they are, is the best way to make sure you get where you want
to be,” says Phil Streeter, GFCU financial advisor.
He regularly helps people who are looking to move into a new home and
recently had a young couple visit her looking for a mortgage. They were
in the midst of planning their wedding, and he had just bought a new
vehicle. Even though they both had full-time work, their current expenses
and wedding costs, not to mention house insurance, property taxes and
utility bills, would have made their mortgage payments very difficult
each month. “They decided to hold off on buying a home so they could
build their down payment and their RRSPs,” says Streeter. “As first-time
home buyers, they can use their RRSPs under the Home Buyers’ Plan as
down payment without paying taxes on the funds.”
“Developing a plan and sticking to it could greatly help you with future
decisions,” says Streeter. “By thinking about what’s important to you one,
two and even five years down the road, you’re able to make better choices
today that will help you meet your goals.”
He says that it’s easiest to start by thinking about some general things
that you would like to do in the next year.
“Sometimes it helps to talk this out with someone so you have another
perspective, and that’s something that any GFCU Member Representative
can help with,”adds Streeter .
If you would like to have Phil help you with setting goals and building
a plan,call us at 1.888.374.1717
Make goals that make sense.
• What are you saving for?
• What will it cost?
• How long will it take to save for that goal?
• How much will you need to save each month to meet the goal?
• Compare what you save right now with what you need to save for your
goal. Is that new amount possible?
• Revise and monitor.
If you can’t make your savings target work, you might need to revise your
goals or alter your expenses and savings.
Philip Streeter
Investment Advisor
888-374-1717 x 233
philip@ganaraskacu.com
t. 905 885-8134 f. 888 216-8532
Toll Free 888-374-1717
Our Rates and Service will Knock Your Socks Off
Summertime is the ideal season to go barefoot, so let Ganaraska
Financial Credit Union KNOCK YOUR SOCKS OFF!
Ganaraska Financial Credit Union is offering you a special interest rate
on all new and transferred-in Term Deposits that will knock your socks
off!
Available for a minimum investment of $1,000, our Term Deposits offer
no-risk, Guaranteed growth, are RRSP and RRIF eligible, and create a
solid foothold for your investments.
If you have money at another financial institution that’s not earning the
high return you can get at GFCU, why not transfer it today?
Call Sharan, Ian or Cheryl for details at 905-885-8134 or toll free at 1-888-374-1717,
come into the branch, or apply online at www.ganaraskacu.com.
Compare our rates to other financial institutions!
1 YEAR CASHABLE
3 YEAR CASHABLE
5 YEAR CASHABLE
CIBCROYAL BANKSCOTIA BANK
0.65%
1.05%
0.25%
1.00%
1.55%
0.850%
1.50%
1.95%
1.40%
TD CANADA TRUST
0.80%
1.6%
1.834%
BMO
0.80%
1.30%
--
GANARASKA
1.75%
2.25%
2.50%
*Posted rates as of June 13, 2013. Terms & Conditions may apply and rates are subject to change without notice
We Now Have E-mail Money Transfers!
E-mail money transfers are a fast and convenient way to send funds or
a monetary gift to anyone with an email address and a Canadian bank
account safely and securely using the trusted Interac© network. Send
money to children away at school, pay a bill electronically, or send a gift
to a family member or friend.
Interac© e-Transfer uses email to notify a recipient that a transfer has
been initiated, while the participating financial institution transfers the
funds using established and secure banking procedures.
There’s no need to share personal information, all you need is the
recipients email address and a security question, no personal or financial
information is included in the email.
How to send an Interac© e-Transfer
• Log in to your account
• Go to the Transfers page
• Specify a recipient
• Fill in the Interac© e-Transfer information
• Funds are immediately debited from your account
Important information
A non-refundable service fee of $2.00 will be charged for sending money
by email. The recipient’s bank or credit union may also charge a service
fee to receive the money.
Receiving an Interac© e-Transfer
When someone sends you an Interac© e-Transfer, you receive an email
announcing the transfer. The message has links and instructions
explaining how to deposit the transfer into your bank account. The
fastest and easiest way to get your money is through your online bank
account access.
1. Click on the link provided in the email (takes you to the Interac©
website)
2. Select Ganaraska from the drop-down list of participating financial
institutions—this takes you to Ganaraska Financial Credit Union Online
Banking site
3. Log in to your Ganaraska Financial Credit Union Online Banking
access account
4. Provide the answer to the security question
5. Accept the transfer
• There is no charge to receive Interac© e-Transfer through
online banking
• Typically, the funds will be immediately available.
Allow up to 30 minutes for system processing for the funds to arrive in
your account.
CASHABLE TERM DEPOSIT
— one year —
1.75%
— five years —
LIVE chooseLOCAL
*Rates are subject to change.
2.50%