4 - Alterna Savings

fresh
JODI, member since 2000
Fall 2011
Greater Toronto Area Edition
“Glad I’m a
%
4.50 member!”
Alterna Savings Investment Shares.
For members only.
Limited Time Offer
Why economy
watching is
bad for your
financial health
In today’s fast-moving information
age, paying too much attention
to the latest economic news can
raise your anxiety level as you
worry about how it might affect
your investments. Yet much of
what you hear is just “noise.”
Focusing too much on that noise
can detract from your long-term
investment strategy and cause
you to consider moves that might
be harmful to your portfolio.
Here’s why it’s wiser to tune out:
knee-jerk reactions to temporary
economic and market news can
lead to the wrong investment
moves. Making decisions based
on short-term events is a form
of “timing the market,” an
ill-advised strategy that seldom
produces satisfactory results.
Stick with a strategy based on
sound fundamentals and a
longer-term time horizon that
smooth out the temporary ups
and downs. A number of factors
determine investment success.
Successful investing isn’t about
forecasting the economy, it’s
about finding quality investments
with long-term promise. It’s also
about creating and maintaining
a portfolio that will help you
achieve your investment goals
while weathering all kinds of
economic climates over the
long term.
See p. 2 for details
what’s
inside
2 Resetting Expectations
for Retirement
3 Co-operative Principles
at Work
4 Stay on track with a
Personal Investment
Plan
4 Join Alterna Savings’
Board of Directors
6 Micro-Finance:
A world without poverty
7 Grants & Donations
recap
8 Improve your dollars
and sense with us
We can help you sort what’s
pertinent from the noise
and keep your retirement
plan on track so you can
have peace of mind. Talk to
an Alterna Investment Specialist
today.
Securities-related financial planning, mutual funds and other securities are offered through Qtrade
Advisor, a division of Qtrade Securities Inc., Member of the Canadian Investor Protection Fund.
Securities-related financial planning and mutual funds are also offered through Qtrade Asset
Management Inc., member MFDA.
Resetting expectations
for retirement
As you get older,
your investment focus
should change from
building wealth to
preserving what
you’ve accumulated
—especially as you
near retirement.
However, some may have
difficulty with that shift —
particularly if you’ve had a high
risk tolerance. Instead of seeking
high investment returns you’ll
be focusing more on income and
security. Here are some ideas
and strategies to help you make
that shift.
Income and security
take the spotlight
While maintaining some growth
in your portfolio will still be
important, income generation
and capital preservation will
come to the forefront. After
a lifetime of planning for
investment gains, approaching
retirement or living in retirement
is not the time to take risks
with the money you’ve worked
hard to accumulate. As part of
a shift in focus, we would likely
concentrate more on incomegenerating investments, which
you’ll need in retirement to
provide regular income.
Simply put, retirement is the
time you get to use what you’ve
saved. Mitigating risk, generating
income, and protecting your
money means a greater focus on
more conservative investments.
For example, we might rebalance
how much of your portfolio
you should have in equities
and growth-oriented equity
mutual funds. In many cases,
we will gradually increase the
proportion of income and secure
investments. But keeping a
portion of your portfolio in
higher-return investments, such
as equity or dividend funds,
is key for protection against
inflation to help maintain the
purchasing power of your money.
We’ll look at the equity allocation
of your investments, and
NE
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4.50
gradually make a shift from
higher-risk equities to lower-risk
equities like blue chip funds.
We’ll also look at the risk profile
of all your other investments and
may, for example, decrease your
higher-risk bond investments
to steadier fixed-income
investments.
Focus on your
changing goals
Think of “going conservative”
as a positive step. It will give
you the peace of mind that
comes from knowing that
your money will last through a
potentially lengthy retirement.
There are reasons other than
retirement to make the shift
from capital accumulation to
preservation. For example,
you might be concerned about
leaving an inheritance for
your children. Focusing more
on preservation of assets will
ensure that your estate provides
for your heirs. As retirement
gets closer, you’ll be ready to
move further away from the
accumulation stage and further
into the preservation stage.
We can prepare you for that
shift and put a strategy into
place that works for you. Talk
to an Alterna Investment
Specialist today.
Securities-related financial planning, mutual
funds and other securities are offered through
Qtrade Advisor, a division of Qtrade Securities
Inc., Member of the Canadian Investor
Protection Fund. Securities-related financial
planning and mutual funds are also offered
through Qtrade Asset Management Inc.,
member MFDA.
% “You’ll be Glad
You’re A member!”
On Alterna Savings Investment Shares
For a limited time, Alterna Savings is offering
Investment Shares for purchase by members.
To answer a few questions about what Investment
Shares are, here’s Alterna Savings Vice President,
Treasury, Bill Boni.
How are Investment Shares different from the
Membership Shares that members already have?
Bill, what exactly are Investment Shares?
What are the minimum and maximum investment limits?
Bill B: Investment Shares are an exclusive equity investment in Alterna
Bill B: The minimum investment is $1,000, and the maximum is
Savings that’s being offered only to our members. It’s a great opportunity
to earn an attractive rate of return. It’s important to note though, that,
unlike deposits, returns on investment aren’t guaranteed, and the funds
aren’t eligible for deposit insurance. As an equity investment, there’s
some risk involved, which is offset by the fact that we’re a healthy and
growing financial institution.
Who may purchase Investment Shares?
Why is Alterna Savings selling Investment Shares?
Bill B: Selling Investment Shares helps strengthen our capital base,
or financial foundation. These funds will help ensure the credit union
exceeds financial reserve regulations and has the necessary capital to
invest in new technology, which we can then use to offer expanded
services to our members.
2
Bill B: Membership Shares are the class of shares required in order to
do business with Alterna Savings. Membership generally begins with the
purchase of a $15 Membership Share, which entitles a member to have
one vote at the Alterna Savings Annual General Meeting.
$200,000. That way, the Investment Shares are easily accessible and
available to a wider range of investors.
Bill B: The sale of Investment Shares is restricted to members of Alterna
Savings who are age 18 or older.
What is the selling period?
How many Shares will be sold?
Bill B: The sales period begins on October 3, 2011, and will continue
until subscriptions reach the maximum issue of $35,000,000 or until
February 29, 2012—whichever comes first.
Interested? Talk to your branch today for all the details.
Co-operative
Principles at Work
The Canadian
Co-operative
Association’s Women’s
Mentorship Program
Co-operative Young
Leaders Camp
Co-operative Young Leaders (CYL) Camp is something you see
popping up regularly in Alterna’s written reports and newsletters.
That’s because we’re proud to be a sponsor of this annual event, and
to help give aspiring young leaders a foothold in co-operative business
practices and principles, while having the chance to be young and
have fun.
This year, Alterna sponsored 8 young
people to attend CYL Camp.
Juliet (front row, 2nd from right) with our St. Laurent branch staff
Fourteen women from six countries in Africa and Asia arrived in Ottawa on
June 4th to take part in the Canadian Co-operative Association’s Women’s
Mentorship Program. This annual event is an outstanding training and
learning opportunity for female credit union managers from developing
countries.
The program includes classroom training at Canadian Co-operative
Association offices and a 10-day placement at a Canadian credit union.
This year, we were pleased to host Juliet Kyosiimire from Uganda. In
her country Juliet is a successful woman, managing her credit union’s 3
branches. Working her way up from a frontline teller to management, while
simultaneously obtaining her business administration degree, Juliet easily
demonstrated her strong desire to achieve both hers and her community’s
financial independence.
During her placement at Alterna, Juliet was introduced to various business
areas, from small business to internal audit, financial services and the
branches. Juliet spent one full day at our St-Laurent Branch learning all
of the ins and outs of a retail branch operation.
This unique experience provided an opportunity to share credit union
practices and gain valuable insight into the inner workings of credit unions
around the world for both Juliet and our St. Laurent branch staff. Juliet
was able to spend time with each employee and learn our operations, all
while experiencing Canadian food and fun in the Ottawa region.
If you would like to learn more about the Canadian Co-operative
Association’s Women’s Mentorship Program or any of their other initiatives,
visit http://www.coopscanada.coop/en/orphan/AbtWMP
Alterna is proud to have had the opportunity to contribute to Juliet’s
experience, and to demonstrate our co-operative principle of “co-ops
helping co-ops” firsthand.
Centre for Families
During the month of August, our Brampton Branch led
a fundraising toy drive and 50/50 draw in support of
Peel Region’s new Centre for Families child minding
room, raising over $1,000. The draw was held on
September 2nd, and the winner, Alterna Savings
member Mr. Johnny Bujan, donated his winnings
back to the Centre.
The Centre for Families is a multi-service facility dedicated to helping
families in need in Peel Region, which opened September 1st, 2011.
This $7 million Centre will house Peel Region’s first and only Family
Justice and Child Advocacy Centre. A collaborative of 16 agencies,
the Centre will provide victims of violence and abuse with access to
many of the services they need at a single stop including counseling,
children’s aid, legal aid, law enforcement, shelter
and more, in 100+ languages.
We look forward to the November 1st
opening of The Family Justice
and Child Advocacy Centre.
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Celebrate
International Credit
Union Day with us
on October 20th!
This year, International Credit Union Day is on
Thursday, October 20th. It’s a worldwide event where
credit unions join together to celebrate the spirit of member-owned
financial institutions and honour those who have dedicated their lives to
the movement. It’s also time to recognize the hard work of credit union
staff and volunteers that drive the vision forward, and of course, to show
appreciation to YOU, our members.
We’ll be celebrating in our branches with a dessert table set up just for
you. Be sure to save the date, and stop by your local Alterna Savings
branch!
3
How a Personal Investment Plan
Using the most
effective tools
available to manage
your investment life is
crucial. A Personal
Investment Plan
is one of those tools.
Together, we develop
and maintain this
written, detailed
roadmap of your
investment future —
dramatically increasing
the potential for
achieving your financial
goals. Here are the
many ways your
Personal Investment
Plan benefits you.
It’s all about you
The process of creating your
Personal Investment Plan is just as
valuable as using it to guide future
decisions. It requires us, together,
to clarify your investment strategy,
commit to a disciplined plan, and
create a key reference point by
putting it all in writing. Think of
it as an all-in-one map, reference
point, and basis for monitoring your
portfolio’s progress.
It evaluates your progress
Creating a Personal Investment Plan
for you provides an opportunity to
determine whether your current
investment portfolio and strategy are
meeting your needs. If adjustments
are necessary, together we can see
them clearly, and change your asset
mix to keep you on track to reach
your goals. For example, altering
how much of your investments
should be in equities, fixed income,
and cash.
It clarifies your
priorities
It plays a key role in
changing markets
Your Personal Investment Plan will
clearly detail all the investment
criteria that matter to you. Anything
that is critical or of concern to
you in your investment life will
be included in your Personal
Investment Plan. For example, your
various investing goals are likely
to have different time horizons —
your child’s education, a big family
trip, and, of course, retirement —
so we’ll always be working within
those timeframes with a strategy
designed to produce the investment
results you require. In addition,
we will at all points along the way
take into account your tolerance
for investment risk, so the choices
we make together will always be in
line with your risk tolerance. Your
tax objectives and needs will also
be incorporated into your plan,
so you’ll always be investing for
maximum tax-effectiveness.
As your investment life progresses,
a Personal Investment Plan provides
the framework for maintaining
focus. For example, if changing
market conditions throw your
desired equity allocation off balance,
we’ll work to get it back within
the guidelines you specify. Your
Personal Investment Plan can also
act as a reality check — a buffer
against the emotional reactions
many of us have sometimes to
unfolding economic and market
events.
By adhering to the guidelines set
out in your Personal Investment
Plan, we can to stick to your long
term plan through market ups and
downs and prevent emotions from
influencing investment decisions.
Play a greater role in your
credit union - Join the Alterna
Savings Board of Directors
Alterna Savings is looking
for active and engaged
members to run for a
position on the Board of
Directors.
Directors are elected by
Alterna Savings members
who vote at branches,
through the website, or
in person at the Annual
General Meeting on
April 16, 2012.
What does the Board of
Directors do?
The Alterna Savings Board of
Directors represents the members
and is responsible for our strategic
direction, our financial planning
and performance, and our
compliance with legislation and
regulations. Being a Director is a
big responsibility, but one that can
offer a great deal of satisfaction for
skilled, dedicated, and passionate
individuals.
4
Who makes a good
Director?
A Director offers his or her
skills, experience, and expertise
that contribute to the collective
knowledge of Alterna’s Board
of Directors. Valued Director
skills include financial expertise,
executive compensation,
technology, regulatory expertise,
experience in senior management,
strategic planning, risk
management, change management,
corporate social responsibility or
community economic development.
Directors must be able to use
a computer, a printer and the
internet, be financially literate,
and have prior board/committee
experience. Candidates must
also meet a number of standard
eligibility requirements.
Interested?
Contact our Corporate Secretary at
Madeleine.Brillant@alterna.ca for more
information.
keeps you on track
We’d be pleased to help you
prepare, review, or revise
your Personal Investment Plan.
We’ll work with you to ensure
it reflects the realities of your
financial life, your goals, and
your investment thinking and
adjust it as the future unfolds.
Talk to an Alterna Investment
Specialist today.
Securities-related financial planning,
mutual funds and other securities are
offered through Qtrade Advisor, a division
of Qtrade Securities Inc., Member of
the Canadian Investor Protection Fund.
Securities-related financial planning and
mutual funds are also offered through
Qtrade Asset Management Inc.,
member MFDA.
Service
Fees -
Changing
November 1,
2011
Some of our
Service Fees are
changing on
November 1st.
Full details about
the changes
are available at
alterna.ca, or in
your local branch.
Did you
know…
You
spoke
The new alterna.ca is coming
Recently, you told us our website and online banking had room for improvement.
We listened closely to what you had to say, and we’re changing.
Coming this November, you’ll see a new alterna.ca that’s easier to use with built-in
tools and calculators, and a new online banking system with some great features, like
integrated bill payments (now from one screen!) and over 6,000 companies to pay.
Our telephone banking will be changing as well, providing the same quick, easy
and secure access to your money.
Stay tuned to alterna.ca for more information and
a sneak preview of our new website and
online banking – coming soon!
…You can use your
Alterna Access Card
at more than 2,000
ABMs nationwide?
The EXCHANGE® Network,
Canada’s 2nd largest ABM
network, gives you coastto-coast fee-free* access
to your Alterna account so
you can make withdrawals,
deposits, even transfer your
funds, whether you’re in
Victoria, BC or Victoria, NL
– or anywhere in between!
Need an ABM when
you’re on the go?
Find one fast with The
EXCHANGE® Network’s
mobile app! To download
the app, or for more
information, visit
www.the-exchange.ca.
*See our Service Fees page on alterna.ca,
or pick up a copy at your local branch for
full details.
5
Micro-Finance:
A world
without poverty
Alterna Savings was a proud
sponsor of the 2011 Toronto
International Micro-Finance
Summit on Saturday, September
17, 2011. The Summit is Canada’s
premier event focused on
domestic and international microfinance. The Conference and Gala
are run entirely by volunteers
from diverse backgrounds, with
the goal of educating people about
micro-finance driven by the vision
of a world without poverty.
The Summit also creates a forum
for dialogue and fundraising
efforts for domestic and
international micro-finance
projects and educational
scholarships. This year’s
conference included a
“micro entrepreneur”
marketplace featuring
participating businesses.
For over a decade,
Alterna’s been known
Participant at the Micro Entrepreneur Market Place, Leslie Morris of Your Signature Look
for supporting small
and budding businesses
To see how our Micro-Finance
to their improved lifestyle, visit
through micro-finance.
program empowers local small
the Community page at alterna.ca.
Our own Community
business owners, and contributes
Micro-Finance Program
provides small loans for those
For information about Alterna’s Micro-Finance Program,
businesspeople and entrepreneurs
contact Susan Henry, Manager, Corporate Social Responsibility,
that larger financial institutions
by email at susan.henry@alterna.ca.
are unable to help.
Alterna
Sphere–
be an
online
advisor!
Centre
for Social
Innovation
Toronto’s Centre for Social Innovation creates community
workspaces, nurtures emerging enterprises, and fosters an
environment that develops new models and methods with
world-changing potential. It’s a little like a greenhouse that grows
and incubates new social ideas.
Alterna’s partnership with the Centre for Social Innovation
(CSI Spadina) first started in 2006. Since then, we’ve developed
a strong and loyal relationship with CSI. For the last five years,
we’ve maintained title sponsorship of the Alterna Savings Boardroom
- the largest and most frequently used meeting space in the building.
Today, Alterna continues to be CSI’s primary financial institution,
and we’re pleased to announce our recently renewed collaboration.
Alterna Savings will continue to hold title sponsorship of the
boardroom, as well as provide education sessions to members of
CSI and Alterna Savings to further foster their social innovation.
CSI is home to 450 active small businesses, non-profits, and social
enterprises - over 800 socially-minded individuals do business at
CSI, a number likely to grow when they open their third location in
Regent Park later this year. For more information,
visit socialinnovation.ca.
6
(Right) Sandy Crawley, Executive Director
of the Professional Writer’s Association of
Canada, one of the original tenants of CSI,
and former board member of CSI, (Left)
Edward Nixon, EN Consulting
We value your input and
feedback, and invite you to
sign up as an online advisor.
Simply send an email to
alternasphere@alterna.ca.
For more information on
the AlternaSphere Advisory
Panel, please visit
alterna.ca and click on
the AlternaSphere button.
Grants and donations
A hand up, not a hand-out
Several local community organizations and projects were recently offered a little help
from Alterna and our members. Our Grants Advisory Committee, comprised of directors,
members and staff, distributed grants between $1,000 and $5,000 to the worthy causes
listed below in August. Funds are made available from corporate donations and money
collected from our members through the Spare Change program.
Downtown
Care-Ring
Home Support
Jumblies Theatre $2,500
$2,500
Founded in 1978, Downtown
Care-Ring provides services
and support to close to 300
elderly, physically challenged
and persons in need through
a network of volunteers. The
funds will support their afterschool music program, The
St. Jamestown Steel Orchestra,
that gives youth and children an
opportunity to learn new skills,
be artistic, become team players,
and be a positive community
participant.
Canadian Breast
Cancer Network $5,000
The Canadian Breast Cancer
Network is the only national
survivor-driven and survivorfocused breast cancer
organization in Canada,
promoting the improvements in
diagnosis, treatment and services,
and are strong supporters for
access to optimal care for breast
cancer patients. Alterna’s grant
will help cover the costs of their
participation in Ottawa Race
Weekend 2011, as well as
materials for their “Breast Cancer
Survivor to a Healthy Survivor”
program, through which they
hope to reach 3,000 breast
cancer patients and survivors.
Eva’s Initiative for
Homeless Youth $2,000
Since its inception, Eva’s
Initiatives has opened its
three shelters to thousands of
homeless/at-risk youth in the
Greater Toronto area, many of
whom are victims of abuse, or
who have severe mental health
problems or addictions. The
$2,000 grant will be used for
the RecAction Program which
offers healthy, safe recreation
activities to over 650 of
Toronto’s most vulnerable streetinvolved youth.
Jumblies Theatre creates
collaborative projects with
communities, making art and
theatre with, about, and for the
people who live there. The grant
will support the Like An Old
Tale project, taking place from
September through December
2011, benefitting about 300
people.
Margaret
Frazer House
$1,500
Margaret Frazer House serves
women who have suffered serious
and persistent mental illness.
The grant will be used to support
the Community Kitchen initiative,
providing nutritious meals, life skills
development, and a supportive
network to more than 100 women.
Planet in Focus $2,000
Planet in Focus promotes the use
of film, video and new media
for public awareness, discussion
and appropriate action on the
ecological and social health of
the planet. Their grant will be used
to ensure about 400 children and
youth, as well as their friends and
families, will have free admission
to screenings during the Planet in
Focus Environmental Film Festival.
Jamestown/
Rexdale
Neighbourhood $4,000
The Jamestown/Rexdale NAP
is a collaborative network of
representatives from government,
community-based organizations,
residents, and other stakeholders
that work together to identify
neighbourhood needs and service
delivery gaps, and strive to address
those needs. This grant will be used
to award 2 youth the Jamestown/
Rexdale NAP Scholarship, which
will help them pursue academic,
professional or extra-curricular
interests.
North York
Women’s Centre
(NYWC) $5,000
NYWC provides resources and
support to women, with a focus
on empowering them to effect
positive change in their lives. The
grant will support The Gathering
Place, which provides a safe and
welcoming drop-in program for
more than 250 low-income and
marginalized women.
Retired Teachers
of Ontario
$1,000
Retired Teachers of Ontario serves
the needs of retired elementary
and secondary school teachers,
with grant funds used to sponsor
two holes at their 14th annual
Breakfast for Kids Golf Tournament.
All money goes directly to the
program, supporting breakfast
clubs, nutritious snacks and
lunch programs at schools in
Scarborough and East York, a
rising need every year.
In all, Alterna is proud to
have distributed a total of
$25,500 in grants to these
organizations.
Spare
Change:
Small Bucks,
Big Difference
We know our members love to
give back to their communities
as much as we do. We also know
that these days, sometimes
finding that “little extra” to help
out with can be tough.
That’s where the Alterna
Savings Spare Change Program
comes in. It’s the easiest way to
support causes right in your own
backyard where small dollars
help in a big way.
How does it work? When
you sign up for Spare Change,
the ‘change’ will be swept from
your account once a month. The
funds are then pooled with other
members’ donations, and used to
support organizations or causes
related to child poverty, the
environment, or homelessness
– it’s your choice. It only costs
about 50 cents a month, and
never more than 99 cents.
Some of the organizations
our Community Grants and
Spare Change Program have
helped in the last year include:
Canadian Paraplegic Foundation
Habitat for Humanity, Ottawa
Are you a community
organization that needs a
hand up, or know of one
that could use a little help?
You’ll find our downloadable
application form on
alterna.ca, under the
Community tab, Community
Grants Program.
Metro Toronto Movement for
Literacy
Silent Voice Canada
Geneva Centre for Autism
Foundation
New Beginnings
Social Planning Council of Ottawa
The Ottawa Food Bank
West End Food Co-op
…And many more!
For full details about our
Community Grants and Spare
Change Program, pick up a copy
of the 2010 Alterna Community
Report in your local branch, or
view it online at alterna.ca.
Get started today! Speak with
your local branch representative
about Spare Change, and see for
yourself how easy it is to give back.
7
Improve your dollars and sense with us
Borrowing & Grant
Writing Tips for Non-Profits
Join us and our special guest panelists for helpful tips and tricks on
borrowing and grant writing for non-profits.
Options for borrowing
Grant Writing
Q and A with the Panel
If you’re unsure about how
to secure funding for your
organization, this session is for
you! We’ll provide a snapshot
of options available to you
for borrowing, plus answer
questions like:
Grant writing can be challenging
for any organization. In this session,
you’ll learn about the writing
process, and strategic ways to
access funding for your programs
and services, plus get practical tips
and advice on steps to take that will
ensure successful grant-seeking.
Our panellists will be on-hand to
answer any questions you may
have about borrowing or grant
writing. Don’t be shy!
•Under what circumstances
might borrowing be beneficial
for your organization?
•What qualifying criteria will
a lender be looking for in the
way of financials, operating
track record, and so on?
•How and where do you apply
for a loan?
•What funding would
work better for your
organization: an
operating loan,
mortgage, or line
of credit?
•What types of grants are available
and who provides them?
•Preparation and the grant writing
process
•Components of a successful
proposal
Participants will receive a resource
kit packed with grant-seeking tools
and resources.
Panelists
Beth Coates,
Canadian Alternative
Investment
Co-operative (CAIC)
Suzanne Gibson,
Suzanne Gibson and Associates
Janet Shim,
Alterna Savings
Tele-Classes
“Outsell Yourself”,
with special guest Kelly
McCormick
Featuring usable sales tips
and success strategies
you can put into action
to succeed in today’s
marketplace.
Date: November 16
Time: 7:00 to 8:00 pm
RSVP with Jean Barrett
jean.barrett@alterna.ca
To RSVP, email
education@alterna.ca
by November 10, 2011.
November 15, 2011, 9:30 am to 11:30 am
The Alterna Savings Boardroom at Centre for Social Innovation
CSI Spadina, 215 Spadina Avenue, Suite 400, Toronto, ON M5T 2C7
Alterna ‘Webucation’@ alterna.ca
Saving Strategies
to Help You
Hold Onto Your
Hard-earned
Bucks
Recent research has shown
that far too many Canadians
are living paycheque to
paycheque, with little or no
savings – even for retirement.
We’re here to help you find
ways to not just make ends
meet, but set a few dollars
aside every month.
Join us for an informative
webinar on saving techniques
that will teach you how to hold
onto your hard earned dollars.
You’ll learn the importance of
savings, how to set realistic
goals that work for you, and
savings tips that will help
you stretch your dollar even
further.
How you save today can have
a big impact on how you live
tomorrow - it’s important to
know what your options are.
Visit alterna.ca to view the
Savings Strategies webinar
from the comfort of your
own computer at any time
beginning October 21!
Looking for fresh e-news?
This newsletter is printed on 100% post-consumer recycled paper using FSC-certified sustainable
methods like vegetable-based inks and renewable energy sources. Which means we saved we
saved 30 trees, 109,371 litres of water, and kept over 4,300 kilograms of harmful CO2 out of
the air, and 1,657 kilograms of solid waste out of landfills, versus traditional printing methods.
When you’re done reading this newsletter, please remember to recycle it.
Want to go paperless altogether? Sign up for the e-version of fresh
by writing fresh@alterna.ca. Be sure to include your name and mailing
address.
Networking
Café
Book Talk with
Elizabeth Verwey of
Mentor’s Circle
Date: October 25
Time: 6:00 to 8:30 p.m.
Location:
Centre for Social Innovation
Alterna Savings Boardroom
215 Spadina Ave., Suite 400
Toronto
RSVP with Jean Barrett
jean.barrett@alterna.ca
Our coffee’s
gone green!
Oh, there’s nothing wrong with our coffee. Rather, it’s
our cups that have gone ‘green’, keeping approximately
25,000 non-recyclable, non-compostable cups out of
our landfills. Now our Fair Trade java is served up in
reusable ceramic mugs, or fully compostable cups at all
our locations.
fresh
Alterna refers to Alterna Savings and Credit Union Limited (“Alterna Savings”) and its wholly owned subsidiary CS Alterna Bank (“Alterna Bank”). Together, Alterna Savings and Alterna Bank form the Alterna Financial Group.
Ottawa
Corporate Office
Toronto
Corporate Office
Alterna Savings
Contact Centre
Alterna Bank
Contact Centre
400 Albert Street
Ottawa, ON
K1R 5B2
165 Attwell Drive
Toronto, ON
M9W 5Y5
Toll Free:
1.877.560.0100
Toll Free:
1.866.560.0120
Toronto:
416.252.5621
Gatineau:
819.595.6980
Ottawa:
613.560.0100
Ottawa:
613.560.0120
alterna.ca
Founding
Member
of CBSR
Ontario
Alterna is a member of