M A D T. A Publication for the Members of Notre Dame FCU TO IN T R

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1 M A D DI T P U C ION IS RO DRAL CR F Summer 2015 UN NO TR A Publication for the Members of Notre Dame FCU UD TO IN T R D O

2 A Fresh Perspective TOM S CORNR Dear Fellow Members, At Notre Dame Federal Credit Union, we continually strive to seek out new products and services that will improve the lives of our members. It is in this spirit of innovation that we are proud to announce the formation of a new business, designed to provide savings on your auto, homeowners, rental and life insurance policies. It is with a great deal of excitement and enthusiasm that I would like to introduce you to Shamrock Insurance Services. Shamrock Insurance Services has been designed with the capability of serving members nationwide and offering all lines of insurance products for both personal and small business needs. Through our state-of-the-art insurance platform, our members can now take control of their insurance buying process by obtaining multiple insurance quotes instantly from many of the nation s top-rated carriers. We underwent an exhaustive evaluation process to find a solution that could deliver the most insurance savings possible. While we cannot guarantee everyone will save money, our studies indicated that a member could save as much as $500 a year * on just an auto insurance policy through Shamrock Insurance Services! We know that you look to us for a full array of financial products, combined with honest advice and education. Opening Shamrock Insurance Services as a full service insurance agency, supports our commitment to meet this expectation. So, give Shamrock Insurance Services a try to see how much you can save on your auto, home or renter s policies. Visit us after July 8 at NDShamrockInsurance.com or call (844) to get your FR quote. Our agents are available Monday through Friday, 8:00 AM to 10:00 PM ST. As always, if you have any questions, suggestions, or comments, please do not hesitate to contact me at TGryp@NotreDameFCU.com. Thanks again for your loyalty and for being part of the Notre Dame FCU family! Thomas J. Gryp, President/CO TGryp@NotreDameFCU.com *Figure of $538 is a national average savings number from the previous 12 months of auto, homeowner and packaged policyholders savings when compared to the policyholders former premiums. Individual premiums and savings will vary. Insurance products which are available are not deposits of Notre Dame Federal Credit Union and are not protected by any type of deposit insurance, are not obligations of or guaranteed by Notre Dame Federal Credit Union, and may be subject to risk. Any insurance required as a condition of the extension of credit by Notre Dame Federal Credit Union need not be purchased from our Agency but may, without affecting the approval of the application for an extension of credit, be purchased from an agent or insurance company of the member s choice. 2

3 Shamrock Insurance Services Call us after July 8 for all for your home, auto, and business insurance needs or NDShamrockInsurance.com. Notre Dame FCU Completes Upgrades to Corporate Headquarters Notre Dame FCU has completed the exterior upgrade to our corporate headquarters and main campus branch on Moreau Drive. We welcome all members to stop by and see the newly completed exterior. Protecting Your Identity by: Lisa Schlabaugh, Director of Sales and Training Because we care about our members and their privacy, we want to make sure that we are speaking to you. When you contact our Shamrock Center, our agents will ask you to confirm your address, and phone number. This ensures we have the most recent information on file. In addition to confirming this, we will ask you several questions about your account and the information we have on file. We highly recommend adding a COD WORD to your account as this will be unique to you. If you want to help protect your identity against fraudulent activity, we ask that you provide us with two challenge questions and answers to these questions to add to your account. These are identifiers chosen by you. By adding a COD WORD and two challenge questions you have chosen, you will help us protect your account. Please note that if you fail to answer one of these identifiers, we will not be able to provide you the answer or change the question without verifying your identity at a local branch. Bonus Points! Start rewarding yourself today! Choose from hundreds of rewards in categories including gift cards, merchandise, travel and much more. Plus, for a limited time, you ll earn 500 bonus points when you activate your new card. Don t have a VISA Platinum yet? Apply today at NotreDameFCU.com/Platinum. Reminder: ffective June 1, 2015, members with mailed paper statements will be charged a $1.00 statement fee (waived for members under the age of 18). Log in to online banking and sign up for estatements today! 3

4 WHAT IF VRY $ YOU BRING HOM RPRSNTD TH FUTUR & NOT AN OBLIGATION TO TH PAST - DAV RAMSY Notre Dame FCU Offers Financial Peace University Classes by: Lisa Schlabaugh, Director of Sales and Training Learn how to get rid of debt, manage your money, spend and save wisely, and more with Dave Ramsey s Financial Peace University! Classes are offered each month in both nglish and Spanish. nglish July 15, September 16, November 17 Spanish July 14, August 25, October 6, November 17, December 29 Learn more at NotreDameFCU.com/DaveRamsey Skip-a-Pay Skip Your August Loan Payment! If you re feeling short on cash this time of year, Notre Dame Federal Credit Union s Skip-A-Payment Promotion may be the solution you need! Stop in a branch, call us at or go online to NotreDameFCU.com/SkipAPay Skip-A-Payment is not available for mortgage, PRIMquity, quifast, PLOC, or Student Loan payments. Your loans must be current and in good standing to qualify for the Skip-A- Payment promotion. You may not skip the first payment on your loan. There is a $20 fee for each loan payment that you skip. Notre Dame Federal Credit Union will notify you if the deferment cannot be granted for any reason. The deferment of this payment will cause an extension of the term of your loan, and interest will continue to accrue. If you have elected our Loan Protection Plan, covering Life and Disability, the request for deferment will not prolong this coverage beyond the original maturity date. We must receive your completed form no later than July 23rd, Please complete this form, and then drop if off at any Notre Dame Federal Credit Union location, fax it to , or mail it to Attn: Skip It, PO Box 7878, Notre Dame, IN *If you are including a check for the total fee amount, you must mail this form and the check in the same envelope. Website Improvements Visit NotreDameFCU.com to see updates to our website centered around YOU. Be sure to check out your Irish Connection information to read blogs by students, alumni, and the official Notre Dame FCU blog. Watch videos or listen to podcasts about athletics and life after graduation. Join the Notre Dame FCU Family! At Notre Dame FCU, our members are our family. Serving them quickly, professionally and with a warm smile creates an atmosphere of pride! Perk up your career and become a partner at Notre Dame FCU! Visit NotreDameFCU.com/Careers to learn more about our current open positions. Website Login Requires Username Update your NotreDameFCU.com login information by creating a username to log in to your account. This is required as of July 1, After July 1st, you will be prompted to change/update your membership number to a username. For more information, call us at COMING SOON! This fall, Notre Dame FCU will be introducing MV technology for all our debit and credit card holders. Chip Cards add another layer of security to cards further protecting cards from unauthorized use. More information coming soon! 4

5 LOWR YOUR PAYMNT and get up to $500 CASH BACK! Stop by a branch, call or go online to SAV BIG on your auto loan payment! Notre DameFCU.com/500CashBack LIMITD TIM OFFR Auto rates as low as 2.49% APR. APR is annual percentage rate. Loan is subject to credit approval. Actual interest rate and APR may vary. As low as rate is for A+ credit. A $95 loan processing fee will be charged on all closed auto loans. Vehicle must be model year 2007 or newer with no more than 80,000 miles. arn 1.25% cash back, up to $500. xcludes levate program participating loans, Rate Genius loans and existing NDFCU loans. Rates subject to change. xample: Assume you will borrow $15,000 with a $95 loan processing fee; the loan amount will be $15,095. The calculated APR on a 5-year loan with an interest rate of 2.24% wound be 2.49%. Rate valid as of 3/5/2015. May change at any time. Your Changing Definition of Risk in Retirement by: Matt Cotton, Financial Consultant During your accumulation years, you may have categorized your risk as conservative, moderate or aggressive and that guided how your portfolio was built. Maybe you concerned yourself with finding the best-performing funds, even though you knew past performance does not guarantee future results. What occurs with many retirees is a change in mind set it s less about finding the best-performing fund and more about consistent performance. It may be less about a risk continuum that stretches from conservative to aggressive and more about balancing the objectives of maximizing your income with sustaining it for a lifetime. You may even find yourself willing to forego return potential for steady income. A change in your mindset may drive changes how you consider shaping your portfolio and the investments you choose to fill it. Let s examine how this might look at an individual level. Still Believe During your working years, you appreciated the short-term volatility of the stock market but accepted it for its growth potential value over longer time periods. You re now in retirement and still believe in that concept. In fact, you know stocks remain important to your financial strategy over a 30-year or more retirement period.* But you ve also come to understand that withdrawals from your investment portfolio have the potential to accelerate the depletion of your assets when investment values are declining. How you define your risk tolerance may not have changed, but you understand the new risks introduced by retirement. Consequently, it s not so much about managing your exposure to stocks, but considering new strategies that adapt to this new landscape.* Shift the Risk For instance, it may mean that you hold more cash than you ever did when you were earning a paycheck. It also may mean that you consider investments that shift the risk of market uncertainty to another party, such as an insurance company. The guarantees of an annuity contract depend on the issuing company s claims-paying ability. Annuities have contract limitations, fees, and charges, including account and administrative fees, underlying investment management fees, mortality and expense fees, and charges for optional benefits. Most annuities have surrender fees that are usually highest if you take out the money in the initial years of the annuity contact. Withdrawals and income payments are taxes as ordinary income. If a withdrawal is made prior to age 59.5, a 10% federal income tax penalty may apply (unless an exception applies). The march of time affords us ever-changing perspectives on life and that has never been truer than for the time we spend in retirement. Please contact Matthew Cotton at or mcotton@privatemembergroup.com *Keep in mind that the return and principal value of stock prices will fluctuate as market conditions change. And shares, when sold, may be worth more or less than their original cost. This is a hypothetical example used for illustrative purposes only. The content is developed from sources believed to be providing accurate information. The information in this material is not intended as tax or legal advice. It may not be used for the purpose of avoiding any federal tax penalties. Please consult legal or tax professionals for specific information regarding your individual situation. Some of this material was developed and produced by FMG, LLC, to provide information on a topic that may be of interest. FMG, LLC, is not affiliated with the named brokerdealer, state- or SC-registered investment advisory firm. The opinions expressed and material provided are for general information and should not be considered a solicitation for the purchase or sale of any security. Copyright 2015 FMG Suite. 5

6 Don t wait, now is the time to refinance your higher rate mortgage and save money with a financial institution you trust. Simply call 844-ND HOM1 ( ) to find out how we can find a solution that s right for you! qual Housing Lender. When savings and Federal student loans aren t enough, our private, non-government student loan may be the answer. For more information, stop in a local branch, call us at 800/ , or visit NotreDameFCU.com/StudentLoans.* *Notre Dame Federal Credit Union recommends using the STAR Loan as a supplemental funding source ONLY after exhausting all other opportunities available from federal student loans, education grants, and scholarships. As always, taking on debt for any reason should be done deliberately and only for amounts needed. New Downtown Hours MORTGAG RATS AR AT AN ALL-TIM LOW! To meet the needs of our members, Notre Dame FCU is expanding the hours of our Downtown South Bend branch. Starting July 6, 2015 the branch will be open Monday Wednesday 9:00 AM 5:00 PM and Thursday Friday 9:00 AM 6:00 PM. Branch Manager Nora DeLeon and our team of Notre Dame FCU staff are looking forward to serving you. by: Jessica Meyer, Area Director of Retail Sales Charitable Fundraising and Your Financial Future The levate program offers rewards for using certain Notre Dame FCU financial products. This program will earn churches and other organizations hundreds, possibly thousands, of dollars on big ticket items such as auto loans and credit cards. Learn more about how you can help generate significant charitable contributions at NDelevate.com. 6 Federally Insured by the NCUA. Independent of the University.