Loan RIGHT FOR YOU? IS A Consolidation. Take the first step to managing your debt.

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1 WINTER 2013 IS A Consolidation Loan RIGHT FOR YOU? you find yourself juggling multiple debt payments every month, a Cambrian consolidation loan could be the answer. A consolidation loan allows you to repay multiple debts at once. For example, if you have three credit cards, a debt consolidation loan will pay off the credit card debts. This means you have one payment instead of three each month. You are consolidating multiple debts into one, by getting a loan to pay off many of your debts. Debt consolidation can help you reduce your debt if you can pay more towards the principal each month. A consolidation loan can also help you with your monthly cash flow by bringing all your payments together into one manageable payment. Often, you ll pay significantly less in interest charges with Cambrian s great rates! Take the first step to managing your debt. If you feel overwhelmed by debt, make an appointment with your Cambrian Financial Services Officer today. They can help you decide whether or not a consolidation loan is right for you, and can provide valuable information about the loan process. Call your branch today to make an appointment, or apply online and take the first step to managing your debt.

2 Ms. Loanlyhearts Dear Ms. Loanlyhearts, I m unhappily mortgaged at another financial institution, and I just don t know what to do anymore. I feel like my needs aren t being considered. I m tired of playing games and having to haggle to get what s best for me. Everything was so great in the beginning. Please help! Sincerely, Unhappily Mortgaged Dear Unhappily, I m sorry to hear things aren t working out as planned. I know exactly how you feel, and thankfully, there is a way out. Cambrian Credit Union can help! They always offer the lowest mortgage rates possible not just when they re trying to attract you. They can refinance your existing mortgage in 48 hours or less. They ll even pay your mortgage transfer fees. All the best, Ms. Loanlyhearts Dear Ms. Loanlyhearts, Every month, I don t have a lot of money left over, but I d like to save more for retirement. I m also afraid I may have waited too long to start saving (I m middle aged). I m sure there are ways I can better manage my money, but I don t know where to start. Sincerely, Pinching Pennies Dear Pinching, Your situation is more common than you might think, and there certainly are many ways to save money. There are a couple of strategies that you might want to consider. The first is to pay yourself first. This means deciding on a monthly amount to put away (ideally in an RRSP), and sticking to that plan. Cambrian can help you set up a pre-authorized contribution every month. Another great strategy to consider is a Registered Line of Credit. A Registered Line of Credit can help you catch up on some of your retirement savings. With a Registered Line of Credit, you borrow money to contribute to an RRSP and then pay it back over the next 12 months. You can pay it off sooner with your refund if you choose. Cambrian has qualified Wealth Retirement Advisors that can meet with you to discuss all the possible strategies you might want to consider, and it doesn t matter what your age, or how much you have to save. Make an appointment to talk to one of our Wealth Retirement Advisors today. All the best, Ms. Loanlyhearts Dear Ms. Loanlyhearts, I d like to take more control of my personal finances. I m pretty proficient with a computer and other technologies. How much of my personal banking can I conduct through these channels? Sincerely, Tired Of Paper Cuts Dear Tired, First of all, good for you for taking control of your finances! If you haven t done so already, sign up for Online Banking by visiting Cambrian s website and clicking on Apply Online and fill out the Online Banking application. Or you can visit a branch to get set up. Cambrian s Online Banking allows you to perform a variety of functions including buying RRSPs, applying for loans and mortgages, transferring funds between accounts, paying bills and much, much more. And we always have resources available at our branches if and when you need additional help with your banking. All the best, Ms. Loanlyhearts

3 Members please take note: TFSA Yearly Contribution Limit Increases in 2013 The TFSA yearly contribution limit will rise from $5,000 to $5,500 beginning January Online RRSP contributions Make your RRSP contributions right from home! If you ve signed up for Cambrian Online, you can make a contribution easily and conveniently through Cambrian s Online Banking. Simply log in, select RSP Centre from the lefthand menu, and choose from the given options. Make your RRSP contributions before March 1, 2013! RRSP Deadline: Mar Designation of Beneficiary While you re making your RRSP or TFSA contribution this year, take a moment to review your beneficiary(s). Your designated beneficiary(s) will not change automatically in the event of a change in marital status. Safety Deposit Box Renewals Annual safety deposit box fees will be debited on January 31, TurboTax Discount Cambrian will once again be partnering with TurboTax, an online Income Tax preparation site. Cambrian members will receive a 20% discount when filing their tax returns using the link provided through Cambrian Online. The link will be available beginning in February, Online Statements Sign up to receive your statements online and get $1 back each month! Save paper, save time, save a buck! Board of Directors Call for Nominations Good governance is critical to our success. Cambrian s Board of Directors primary responsibility is to lead the strategic direction of the Credit Union through strong, responsible, and ethical governance. The Cambrian Credit Union Board is committed to ensuring its directors have diversified skill-sets, possess relevant experience and expertise that will optimize our performance as an organization. All directors and nominees for the board must meet the qualifications specified in the Credit Union s by-laws and the Credit Union and Caisses Populaires Act, those include: Candidates must be a member in good standing of Cambrian for at least one year; Candidates must not have been an employee of the credit union at any time during the last two years; Candidates must not be directors or employees of another credit union. Nominations close Friday, January 18, 2013 at 5:00 p.m. For more information, or to submit your name for nomination, please contact: Jim Grapentine Corporate Secretary jgrapentine@cambrian.mb.ca

4 Variety Gold Hearts Variety gold hearts in support of Variety, the Children s Charity, will be on sale in our branches from mid-december, 2012 to February 14, Get your collector s gold heart for only $3 and show your support for this worthy cause. This year s gold heart, the 23rd since the campaign s start in 1991, features Mike and Sully from the well-loved Disney Pixar movie Monsters Inc. Adults, children of all ages and collectors of the Gold Heart pins are sure to treasure this design. Corporate Offices: 225 Broadway Winnipeg, MB R3C 5R4 Telephone: Fax: ccuinfo@cambrian.mb.ca Website: Donations As part of Cambrian s commitment to giving back at least 1% of our pre-tax income to charity, below is a list of our 2012 donation recipients: Alpha House Assiniboine Park Conservancy Concordia Hospital Foundation Co-operative Development Foundation of Canada Jocelyn House Kidney Foundation of Canada - MB Branch LITE Lord Selkirk School Division Manitoba Children s Museum Manitoba Opera Manitoba Theatre for Young People Nova House Prairie Theatre Exchange Royal Manitoba Theatre Centre Royal Winnipeg Ballet Selkirk and District Community Foundation Siloam Mission St. Amant Foundation The Salvation Army Trees Winnipeg United Way Winnipeg University of Manitoba Westminster Housing Society Winnipeg Folk Festival Winnipeg Harvest Winnipeg Jazz Orchestra Winnipeg Music Festival Winnipeg Symphony Orchestra 2012 United Way Campaign Every year Cambrian is pleased to report to you the generosity of our staff, specifically in donating to United Way Winnipeg through payroll deductions and special events fundraising was no exception. Together with staff donations, a corporate match, and various fundraising activities including a garage sale and the annual Plane Pull, Cambrian raised $140,646 for United Way! A huge thank-you to all staff for helping make our communities better places for everyone Cambrian Credit Union. All Rights Reserved.

5 Are You Ready To Retire? Can You Retire The Way You Want? Many Canadians simply don t have enough in savings at retirement to cover their expenses, but it s never too late. Start your retirement plan with Cambrian today, and enjoy retirement the way you want. The deadline for contributing to an RRSP for the 2012 tax year is March 1, Your contribution is deducted from your total income to reduce the amount of income tax you pay an immediate tax benefit! Did you know that all of Cambrian s savings options are RRSP eligible? Your financial situation is unique, and our knowledgeable Wealth and Retirement Advisors or Financial Services Officers can help set up a plan that works for you, whether you would prefer to lock your savings in at a great term rate, or keep them in our high interest variable RRSP savings account for increased flexibility. No matter what your retirement plans are, Cambrian can help you get there. Looking for more investment solutions? Beyond the great rates on our RRSP savings accounts, Cambrian offers access to a wide range of other investment products along with simple strategies that will help you achieve your retirement saving goals. Our dedicated full-time investment specialists can help you decide what your best investment options are and can work with you to create a strategy that fits your unique needs. This streamlines your decision-making and can help you achieve your investment goals sooner. The March 1st RRSP deadline is quickly approaching! Beat the rush by taking advantage of Cambrian s great rates on retirement savings accounts today! Get closer towards your retirement goals by making an appointment with one of our Financial Services Officers, or visit us online at to make a contribution at your convenience. RRSP Deadline: Mar Get closer towards your retirement goals

6 What are your financial priorities? The first step toward taking control of your financial situation is discovering what is important to you. Are you saving for longterm or short-term goals? Are you planning for your child s education? A house? Your retirement? What about your financial legacy? Use this questionnaire to explore your financial priorities. Bring it to your Financial Services Officer, or just keep it in your records. What are your priorities? Family Matters Finance child s education Finance vacation Assist parents Living Your Life Retire comfortably Finance significant purchase Make money grow Finance lifestyle Protect savings Do retirement assessment Business Time Protect assets Take leave of absence Protect family Leaving a Legacy Plan charitable giving Gift loved ones Protect loved ones What are your top three life goals in the next few years? What are your financial concerns and anxieties? What do you like most and least about your current financial situation? Home Sweet Home Purchase home Renovate home Purchase cottage Purchase income property Once you ve determined what s important to you, make an appointment with a Cambrian Financial Services Officer or a Wealth and Retirement Advisor. They can help you achieve your financial goals.