Cornerstone Connect - Cornerstone Credit Union

MEMBER NEWSLETTER
Winter 2012
Introducing
Cornerstone Connect ➜
➜
Loans. Financial advice. Live-person assistance.
Over the phone. Now that’s easy!
Bank over the phone, wherever you are, with Cornerstone Connect. ➜
➜
We’re thrilled to announce our new contact centre, Cornerstone
Connect. You get the convenience of telephone banking with our
friendly and knowledgeable staff, ready to help on the other end
of the line.
Cornerstone Connect offers everything from basic information,
to loans, to personal and secure transactions, and anything else
you may need. And no matter where you call, or which branch you
deal with, we’re here to help.
Make your life easier and contact us today!
Call your local branch or 1-855-875-CALL (1-855-875-2255)
connect@cornerstonecu.com
Hours of Operation:
Monday – Thursday: 8 a.m. – 8 p.m.
Friday: 8 a.m. – 6 p.m.
Saturday: 8 a.m. – 4 p.m.
Call us to:
➜ find a branch near you
➜ Check account balances,
transfer funds, pay bills
➜ Order cheques, stop payments or make
address changes
➜ get a loan, mortgage or investments
➜ Replace your ATM Card
➜ Say hello. We’d love to chat!
1-855-875-CALL
(1-855-875-2255)
Member Newsletter - Winter 2012
The Right Kind of Professional Advice Could
Change Your Life
>>
76% of Canadians who work with a Certified Financial Planner® professional feel their financial affairs are on track.*
* Statistics from FPSC’s Value of Financial Planning study, 2010
Start the conversation!
Relationships matter
Any time is the right time to take control of your finances.
Working with a CFP professional can transform your financial
situation, giving you unique strategies that may bring you closer
to accomplishing your life goals. A financial plan is not a one size
fits all solution. A CFP professional will work with you to create
a plan, tailored to your specific needs and life goals. Your goals are
as unique as you are. So whether you are looking to buy a home,
take that dream vacation, or ensure the people you care about are
looked after, a financial plan will help you get (and stay) on track
to achieving what you want out of life – as well as your desired
lifestyle along the way. A financial plan is all about balance;
it is not about depriving yourself today for some unknown day
in your future. So start the conversation now and get closer
to feeling on track with your financial affairs.
Talking about your finances is a very personal thing. You need
to be able to build a relationship with an advisor you can trust;
one who understands your unique situation and goals, and who
can work with you over time to accomplish them. You also need
to be open and honest with your planner. If you hold back and
don’t give them the relevant financial information, they can’t
build you an effective plan. A CFP professional will invest the time
to ensure that you get — and stay — on the right track. People
who work with a CFP professional are able to not only build
a plan to meet their goals, but also form lasting relationships with
their advisors too. Not surprisingly, six in 10 Canadians have been
working with their CFP professional for more than five years.
The right planner can make
a world of difference
Canadians who work with CFP professionals to develop a financial
plan feel significantly better about their emotional and longterm financial well-being and ability to achieve key life goals than
people who get their advice from a non-certified advisor.
It is very common to feel stress about your personal finances:
Are you saving enough money? Are you living beyond your
means? Is your family protected should something happen to you?
Will you be able to retire when you want, and in the lifestyle you
desire? Getting your finances in order can have a positive effect on
your stress levels and emotional well-being. Finances are also
a very personal subject, and can be difficult to deal with. This is why
you need to know that you are getting the best advice available —
by seeking a CFP professional to help you down the right path.
Not convinced?
The Right Kind of Professional Advice Could Change Your Life reprinted by permission
of Financial Planning Standards Council, all rights reserved.
Why take the risk?
It’s your livelihood. Your goals. Your life.
Build Strong
with our Mutual Fund
Get
ly
Financial
Fi
POWERHOUSE.
Build your wealth with confidence.
Our Invesment Experts can help.
Mutual funds are offered through
Credential Asset Management Inc.
Member Newsletter - Winter 2012
Investment Expert Team
Shawna Boyda
Yorkton Branch
306-786-2237
Sheila MacDonald
Yorkton Branch
306-786-2248
Angie Ritthaler
Kelliher Branch
306-675-2252
Ituna Branch
306-795-2628
Blair Michaliew
Tisdale Branch
306-873-6347
Andrew Squires
Tisdale Branch
306-873-6349
Delores Moskal
Yorkton Branch
306-620-8424
Brenda Holo
Rose Valley Branch
306-322-2261
Certified Financial
Planner
Certified Financial
Planner
Certified Financial
Planner
Certified Financial
Planner
Golden Rules of Retirement Planning
Your retirement dreams can come true if you have a solid investment plan in place. Follow these four golden rules and put yourself
on the path to successful retirement planning.
RULE #1: Create an investment plan
Cornerstone Credit Union can help you develop an investment plan
suited to your unique requirements, your time horizon, and your
tolerance for risk. With a plan guiding your investment strategy,
you’ll feel comfortable today, and secure about tomorrow even
when markets get stormy.
RULE #2: Stick to the plan
Short-term fluctuations in the value of any equity based
investments are normal. In fact, volatility is necessary to achieve
higher returns over the long term. Your investment plan should
be built to withstand those fluctuations. Rebalancing may be
required from time to time, your Credential Asset Management Inc.
Mutual Fund Investment Specialist at CornerstoneCredit Union can
help with that, but impulse buying and knee-jerk selling are not part
of the plan. Markets tend to rise over the long term, so rely on time,
not timing the markets, to reach your goals.
RULE #3: Invest regularly
Skipping just one annual RRSP contribution of $5,000 could reduce
the value of your retirement nest egg by almost $17,000 after
25 years (assuming an 5% average rate of return, compounded
annually). The easiest way to invest regularly is with a Pre-Authorized
Contribution (PAC) Plan. You’ll automatically invest a fixed amount
of money every month in your chosen investments. With this
graduated approach, there’s no need to guess at the best time
to invest. Your money automatically buys more units when prices
are lower and fewer units when prices are higher.
RULE #4: Diversify
Different types of investments react differently to economic events.
When you hold a variety of investments in your portfolio, you
protect yourself against day-to-day fluctuations in any one category.
At the same time, your portfolio has a better chance of benefiting
from the current best performing asset class.
This article is courtesy of Credential Asset Management Inc., Cornerstone Credit Union’s partner in providing you with wealth management services.
Mutual funds are offered through Credential Asset Management Inc. Commissions, trailing commissions, management fees and expenses all may be
associated with mutual fund investments. Please read the prospectus before investing. Unless otherwise stated, mutual fund securities and cash balances
are not insured nor guaranteed, their values change frequently and past performance may not be repeated. The information contained in this newsletter is
provided as a general source of information and should not be considered personal tax advice, investment advice or solicitation to buy or sell any mutual funds.
Member Newsletter - Winter 2012
Cornerstone Credit Union’s
new Website COMING SOON
(and we’re excited too!)
Cornerstone Credit Union is excited to announce we will be
launching a new website in February. As a result, you will notice a
new look and improved features on our website and some changes
in our MemberDirect online banking portion of the site. If you use
the Memorized Accounts feature of MemberDirect, please take a
moment to record your account information as it will need to be
re-entered the first time you use online banking on the new site.
Please visit our website at www.cornerstonecu.com for more
information. Cornerstone Credit Union making your financial
management comfortable, accessible, simple and easy!
Are you getting away this winter? Let’s talk security.
accounts as an added security measure to protect
you while you are away. Prior to traveling we
recommend that you notify both Cornerstone Credit
Union and your credit card company (MasterCard:
1-800-561-7849 or the number on the back of your
card) to ensure problem free card service during
your travels.
ATM Locations
Branch Locations
ROSE VALLEY BRANCH
311 1st Ave. N.
Rose Valley (available 24 hours/day)
ARCHERWILL BRANCH
Phone: 306-323-2115
SPRINgSIDE BRANCH
Phone: 306-792-2066
BJORKDALE BRANCH
Phone: 306-886-2107
THEODORE BRANCH
Phone: 306-647-2131
ELfROS BRANCH
Phone: 306-328-2142
TISDALE BRANCH
Phone: 306-873-2616
ITUNA BRANCH
Phone: 306-795-2628
WISHART BRANCH
Phone: 306-576-2050
KELLIHER BRANCH
Phone: 306-675-2252
WYNYARD BRANCH
Phone: 306-554-2518
LESTOCK BRANCH
Phone: 306-274-2178
YORKTON BRANCH
Phone: 306-783-9433
RHEIN BRANCH
Phone: 306-272-2156
EMAIL:
connect@cornerstonecu.com
www.cornerstonecu.com
TISDALE BRANCH
1202 - 100th St.
Tisdale (available 24 hours/day)
WYNYARD BRANCH
302 Bosworth St.
Wynyard (available 24 hours/day)
YORKTON BRANCH
64 Broadway St. E.
Yorkton (available only
during branch hours)
YORKTON CO-OP CONVENIENCE STORE
305 Broadway St. W.
Yorkton (available during business hours)
YORKTON DRIVE-THRU
21 4th Ave. S. - Yorkton
(available 24 hours/day)
YORKTON PARKLAND MALL
Yorkton (available 24 hours/day)
ROSE VALLEY BRANCH
Phone: 306-322-2261
SALTCOATS BRANCH
Phone: 306-744-5400
Cornerstone Connect ➜
1-855-875-CALL (2255)
➜
A vacation sounds wonderful; you deserve a holiday.
Prior to your vacation, we encourage you to take the
extra steps to protect yourself from unwanted fraud
as your MemberCard debit card, Global Payment
MasterCard and MasterCard credit card may be more
susceptible to fraud while traveling. With our fraud
prevention services we can assign travel notices to your