Smart Banking. Community Trusted.

Categories
Announcements Financial Planning & Retirement News Seminars

Rethinking Diversification Virtual Seminar – Tuesday, June 27, 2023 at 6:00PM

Rethinking Diversification Virtual Seminar - Tuesday, June 27, 2023 at 6:00PM

In today’s volatile market, retirement savers face new challenges. Traditional portfolio diversification may no longer be the answer to growing your savings without the risk of losing it all. Luckily, there are new ways to manage investment risk.
 
Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:
 
Rethinking Diversification
6:00 PM EST
on 6/27 at Virtually
Presented by Travis Stanley from CUNA Mutual Group

You’ll find out more how retirement savers are facing new challenges, and the new ways to manage investment risk. You’ll learn the answers to your investment questions, including:

  • What is traditional portfolio diversification?
  • How has the investment landscape changed?
  • How can you achieve your goals with the least amount of risk?
  • How can new annuity options help you rethink diversification?

You are welcome to bring a guest, but space is limited so please make your reservations today. Contact your CorePlus Wealth Management representative, Holland Rajaniemi at (860) 885-3680, or email at [email protected] with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to affect some of the strategies.
 
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims-paying ability of the issuing company. Variable annuities are subject to market risk and may lose value.
 
This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates, these entities and Travis Stanley are not affiliated with LPL Financial. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may
involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution.
All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers
 
CMGA-1803467.6-1220-0123                                                                                        © CUNA Mutual Group
Categories
Announcements Financial Planning & Retirement News Seminars

Understanding Your Rollover Options Virtual Seminar – Wednesday, June 7, 2023 at 6:00PM

Understanding Your Rollover Options Virtual Seminar - Wednesday, June 7, 2023 at 6:00PM

Changing jobs is a common experience for most U.S. workers. But what’s the right thing to do with your retirement savings plan account from a previous employer? What are your options, and how can your decision impact your long-term retirement savings?
 
Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:
 
Understanding Your Rollover Options
6:00 PM EST on 6/7 at ZOOM (Virtual)
Presented by Travis Stanley from CUNA Mutual Group

You’ll get a clear understanding of the different options available to you when you leave an employer and have an employer-based retirement savings plan account balance to consider, including:

  • Four major options for retirement plan balances when changing jobs
  • Pros and cons of each option
  • How a Rollover works
  • And more 

You are welcome to bring a guest, but space is limited so please make your reservations today. Contact your CorePlus Wealth Management representative, Holland Rajaniemi at (860) 885-3680, or email at [email protected] with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates, these entities and Travis Stanley are not affiliated with LPL Financial. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution.
All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers
 
CMGA-3487222.1-0321-0423                                                                                        © CUNA Mutual Group
Categories
News Specials

Meet your Local TruStage Auto/Home Member/Agent for a Personal Consultation!

Auto/Home insurance is offered through TruStage’s partnership with Liberty Mutual to help you save. Contact Sandra Scavello, our local Liberty Mutual Agent and CorePlus Credit Union member who is passionate about protecting and saving money for fellow members. To learn more about how to get the savings and service you deserve click here.

                           Sandy Scavello
                           East Lyme, Foxwoods, Groton, Norwich, Pawcatuck, Plainfield, Waterford
                           [email protected]

                           860-230-6600

Categories
Announcements Financial Planning & Retirement News Seminars

CorePlus Wealth Management – Keith Noyes Introduction

CorePlus Wealth Management - Keith Noyes Introduction

Dear client,
 
We are excited to share some great news. Keith Noyes has joined our team as Sales Coordinator, bringing a fresh perspective to CorePlus Wealth Management. In this position he will support Holland, our financial advisor, and looks forward to helping all of you. We wanted to expand our team to provide the best service possible for you, and are thrilled that Keith joined as he will be a great fit for our team.
 
To help you get to know Keith, here’s a quick glimpse into his background. Keith joined CorePlus Credit Union as a Credit Union Professional where he experienced multiple aspects of the banking industry as well as meeting CPCU’s wonderful members. Keith holds a B.B.A. in Finance from Radford University. During his time at Radford University, he became the President of a student-run portfolio where he was instrumental in growing the portfolio to over two million dollars. Keith is a first generation high school and college graduate and his goal is to help others gain financial literacy & independence. Besides his passion for finance, Keith is a skilled gamer who specializes in strategic games. Keith looks forward to meeting with you and helping you reach your financial goals.
 
Keith is excited to join us and committed to providing you with the best possible service. If you’d like to welcome Keith directly, his email is [email protected].
 

All of us at CorePlus Wealth Management look forward to serving you.

Best regards,

 
 
 
Financial Advisor


The CorePlus Wealth Management Services at CorePlus is staffed by Holland Rajaniemi, who can help you map out a personal financial management program.

To set a no-cost, no-obligation appointment, call Holland Rajaniemi at (860) 885-3680, or email at [email protected].

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

Categories
Announcements News

A Letter from Raymond J. Currier

Dear Members,

Over the last five days the media has reported that two large U.S. Banks have been seized by regulators.  Silicon Valley Bank (SVB) and Signature Bank are both ranked among the top 30 banks in the U.S. by asset size.  We recognize that headlines concerning these bank failures are troublesome and that you may have questions regarding the safety of your deposits at CorePlus Federal Credit Union. 

SVB and Signature Bank were niche banks that dealt almost exclusively with large business depositors that kept large balances well above FDIC insurance limits.  SVB had 3% of its deposits covered by the FDIC while Signature had 6% covered.  CorePlus is very different than these banks; 96% of our deposits are insured by the NCUA.   CorePlus is financially strong.  We are considered well capitalized by the NCUA and manage our balance sheet to ensure sufficient liquidity.  In addition, CorePlus posts strong earnings quarter after quarter and maintains a healthy loan portfolio with low delinquency.

Understanding share insurance is important.  Deposits are insured up to $250,000 per depositor by the NCUA.  Members with more than $250,000 on deposit can be covered for much larger amounts of insurance if their accounts are titled properly.  If you would like to discuss how to qualify for greater insurance limits, please call us at 860-886-0576 or stop by any branch office.  You can also log into www.mycreditunion.gov and use the share insurance estimator to determine your insured level based on your balance and account structures.

If you would like to discuss your concerns with a member of our management team, please call us at 860-886-0576 and we will direct you to the proper person.

Sincerely,
Raymond J. Currier
Raymond J. Currier, EVP/COO

Categories
Announcements News

Are My Accounts Insured?

When you choose to bank with CorePlus, your deposits are safe. The National Credit Union Share Insurance Fund insures member funds up to $250,000 per individual depositor in federally insured credit unions, like CorePlus Credit Union.

To learn more about how your funds are protected, view the video below:

“Federally insured credit unions offer a safe place for you to save your money, with deposits insured up to $250,000 per individual depositor. The National Credit Union Share Insurance Fund Insures member savings in federally insured credit unions, which account for about 98 percent of all credit unions in the United States. Deposits at all federal credit unions and the vast majority of state-chartered credit unions are covered by National Credit Union Share Insurance Fund protection, and not one penny of insured savings has ever been lost by a member of a federally insured credit union.”

[NCUAchannel]. (2015, November 30). NCUA Consumer Report: Share Insurance Account Ownership Types [Video]. Https://www.Youtube.com/@NCUAchannel. https://youtu.be/rfu5_xIVOlY

Categories
Announcements News

2023 CorePlus Shred Day Schedule

Shred Days are back at CorePlus with three opportunities for you!

These events are held in partnership with Infoshred as a way to protect individuals from identity theft, a growing concern. You may bring personal documents, financial records, credit card statements, insurance forms, canceled checks, bank statements and tax preparation worksheets to be shredded. These events are open to the public – you do not need to be a Member to bring documents to be shredded. To serve as many people as possible, please limit your volume to 3 boxes.

Plainfield

Date: Saturday, April 8, 2023
Time: 9:00am to 12:00pm
Location: 67 Lathrop Road, Plainfield, CT 06374

During this event, we will be accepting toiletry, non-perishable food, and monetary donations for Project PIN.

Waterford

Date: Saturday, May 20, 2023
Time: 9:00am to 12:00pm
Location: 40 Boston Post Road, Waterford, CT 06385

During this event, we will be accepting monetary donations for Higher Edge.

Norwich

Date: Saturday, September 9, 2023
Time: 9:00am to 12:00pm
Location: 202 Salem Turnpike, Norwich, CT 06360

 

To keep our employees safe, we ask that you stay in your car at all times. Please open your trunk when you arrive and an Infoshred employee will remove the documents to be shredded.

On-Site Shredding, or Mobile Destruction, is for people who prefer their material be shredded prior to being removed from their facility.

Infoshred is the only vendor in New England to be certified by NAID for secure On-site Document Destruction. Infoshred offers confidential document shredding in Connecticut, Massachusetts, and Rhode Island.

Categories
Announcements Financial Planning & Retirement News Seminars

Three Transitions to Retirement Virtual Seminar – Tuesday, May 23, 2023 at 6:00PM

Three Transitions to Retirement Virtual Seminar - Tuesday, May 23, 2023 at 6:00PM

Are you ready to retire? You might be prepared for the financial transition, but you’ll experience lifestyle and emotional transitions as well. We can help you understand these upcoming changes and provide the information you need to better prepare for this exciting season of your life. Working together, we’ll gain clarity and confidence about your path to retirement. 
 
Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:
 
Three Transitions to Retirement
6:00 PM EST
on May 23rd at ZOOM
Presented by Travis Stanley from CUNA Mutual Group

You’ll find out more about the transitions you will face during retirement and how you can better prepare for this new life. You’ll learn the answers to your Retirement questions, including:

  • How to confidently address the financial, lifestyle and emotional transitions to retirement
  • How to guard against risks and manage those that are inevitable
  • Whether you are ready for retirement

You are welcome to bring a guest, but space is limited so please make your reservations today. Contact your CorePlus Wealth Management representative, Holland Rajaniemi at (860) 885-3680, or email at [email protected] with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to affect some of the strategies. Investing involves risk, including possible loss of principal.
  
This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates, these entities and Travis Stanley are not affiliated with LPL Financial. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution.
All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers
 
CMGA-4751587.1-0522-0624                                                                                                                         © CUNA Mutual Group
Categories
Announcements Financial Planning & Retirement News Seminars

Income for Life Virtual Seminar – Tuesday, May 2, 2023 at 6:00PM

Income for Life Virtual Seminar - Tuesday, May 2, 2023 at 6:00PM

You have retirement goals and plans for your future. Without a regular paycheck to count on, achieving a steady stream of retirement income will be an important part of the road ahead.
 
Will Social Security be enough?
What about your 401(k)?
 
Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:
 
Income for Life
6:00 PM EST
on May 2nd at ZOOM
Presented by Travis Stanley from CUNA Mutual Group

You’ll find out more about how to use annuities to help create a guaranteed income for life, including social security and your 401(k). You’ll learn the answers to your income for life questions, including:

  • What sources of retirement income will you rely on?
  • What retirement risks do you face now that you’re drawing on their savings?
  • Which income strategies should you consider?
  • How can you use annuities to guarantee income for life?

You are welcome to bring a guest, but space is limited so please make your reservations today. Contact your CorePlus Wealth Management representative, Holland Rajaniemi at (860) 885-3680, or email at [email protected] with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to affect some of the strategies.
 
Fixed and Variable annuities are suitable for long-term investing, such as retirement investing. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims-paying ability of the issuing company. Variable annuities are subject to market risk and may lose value.
  
This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries, and affiliates; these entities and Travis Stanley are not affiliated with LPL Financial. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution.
All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers
 
CMGA-4751390.1-0522-0624                                                                                          © CUNA Mutual Group
Categories
Announcements Financial Planning & Retirement News Seminars

Understanding Medicare Virtual Seminar – Monday, April 17, 2023 at 6:30PM

Understanding Medicare Virtual Seminar - Monday, April 17, 2023 at 6:30PM

Planning for retirement is never easy, and maneuvering through Medicare rules and regulations is one more step in an already confusing process.
 
Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:
 
Understanding Medicare
6:30 PM EST
on April 17th at ZOOM
Presented by Mike Mason and Travis Stanley from CUNA Mutual Group

You’ll find out more about Medicare rules and regulations and discuss the role they play in the process of retirement. You’ll learn the answers to your Medicare questions, including:

  • Medicare basics and the differences between Parts A, B, C and D
  • Tips for choosing your coverage and enrolling in Medicare
  • How to consider health care costs when planning your retirement income

You are welcome to bring a guest, but space is limited so please make your reservations today. Contact your CorePlus Wealth Management representative, Holland Rajaniemi at (860) 885-3680, or email at [email protected] with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

There is no assurance that the techniques and strategies discussed are suitable for all investors or will yield positive outcomes. The purchase of certain securities may be required to affect some of the strategies.
  
This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates, these entities and Travis Stanley are not affiliated with LPL Financial. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution.
All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers
 
CMGA-4768487.1-0622-0724                                                                                                   © CUNA Mutual Group

PLEASE READ CAREFULLY
BEFORE YOU APPLY.

In order to process your application, you must answer the question below. Questions answered dishonestly will result in your application being denied.

 

 

 

Are you a current member of CorePlus Credit Union or do you live, work, or worship in New London County, Connecticut or Windham County, Connecticut?