Announcements Archives - CorePlus Credit Union

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 September 10th 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?

Click here to reserve your place at this upcoming seminar.

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 Holland.R@lpl.com with any questions.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

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, mayinvolve 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

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? Chances are you have questions and could use someone at your side to lead the way — especially in understanding how your decision can 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 September 3rd at ZOOM (Virtual)
Presented by Travis Stanley from TruStage™ Annuities

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

Click here to reserve your place at this upcoming seminar.

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 professional. TruStage™ 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, 2000 Heritage Way, Waverly, IA, 50677. 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-3487222.2-0823-0925 © TruStage

Donate school supplies starting today, Monday, June 24th through Monday, August 5th for the benefit of local students grades K-12 at any CorePlus branch location!

UCFS Healthcare strives to eliminate health disparities and improve the health and well-being of the community. They provide resources to some of our areas of greatest need and build partnerships when demand is beyond their capacity to fulfill alone. Our missions are aligned in wanting to eliminate disparities and improve the overall health (both physical and financial) within the community.

Learn more about UCFS Healthcare at https://www.ucfs.org/

Click to View a Complete List of Suggested School Supply Item Donations

School Supply Drop-Off Locations

East Lyme

Foxwoods

Groton

North Franklin

Holmgren Subaru – 3 New Park Ave., N. Franklin, CT

Norwich

CorePlus Credit Union – Norwich

Select Physical Therapy – Norwich

Pawcatuck

Plainfield

CorePlus Credit Union – Plainfield

Dunkin’ – 65 Lathrop Rd., Plainfield, CT

Baker’s Dozen of Plainfield – 765 Norwich Rd., Plainfield, CT

Waterford

NORWICH, CT — CorePlus Credit Union has started collecting backpacks and school supplies at its branch locations, with the goal of providing as many children as possible with the materials they need to thrive in the new school year.

CorePlus is again partnering with UCFS Healthcare on this effort. Supplies will be collected throughout the summer and distributed from 1-3 p.m. on August 7th at UCFS’s Edward & Mary Lord Family Health Center, located at 47 Town Street in Norwich.

In addition to public donations, CorePlus employees have given generously to this effort in previous years. This year, CorePlus and its employees plan to match the first 50 donations of new backpacks, ensuring that at least 100 children will receive assistance.

“A solid education starts with giving children the tools they need to be successful,” said Raymond Currier, President and CEO of CorePlus Credit Union. “Last year, through our partnership with UCFS, CorePlus employees and members provided 114 backpacks and supplies that were distributed to children in our community. The need is great and we’re hoping to help even more families this year. Please join us in this effort by dropping off a backpack and supplies at any of our branch locations.”

Drop boxes for donations, creatively decorated by CorePlus employees, will be set up at each CorePlus branch location starting on June 24th. Collection boxes will also be set up at UCFS
locations.

The backpack drive is seeking the following items:

New backpacks
Writing and drawing materials, including pens, pencils, highlighters, markers, crayons, colored pencils, large pink erasers, and eraser caps
Art supplies including loose leaf paper, glue sticks, liquid glue, blunt tip scissors, pencils, sharpeners, and rulers
Organizational materials including three-ring binders, pencil boxes, zippered pouches, and two-pocket folders
Spiral and composition notebooks

In addition to these in-kind donations, CorePlus will accept monetary donations toward the bulk purchase of backpacks and school supplies. Checks should be made payable to CorePlus Credit Union, with the note ATTN: Brittany Uphold or Eric Blackburn, and accompanied by a letter designating the amount and purpose of the funds. Monetary donations can be dropped off at any CorePlus branch location or mailed to CorePlus’s main office at 202 Salem Turnpike, Norwich, CT, 06360.

Children who have adequate school supplies are not only better prepared to participate in school activities and assignments, but also more confident in their own abilities and interested in learning. Unfortunately, for thousands of families in Connecticut struggling to afford basic needs, it can be difficult or impossible to purchase these school supplies. This annual drive helps families meet this need while also easing the burden on teachers, who often report that they spend their own funds on supplies for their students.

Donations will be accepted through August 5th. In the interim between this cutoff date and the giveaway, CorePlus employees work to fill the backpacks with supplies and to create separate ones for older and younger students.

The distribution of backpacks and supplies on August 7th takes place during Community Health Center Week and is held in conjunction with family-friendly events at the Edward & Mary Lord Family Health Center. In addition to the backpack giveaway, CorePlus will also have an ice cream freezer on the premises to provide visitors with a sweet treat.

Additional partners at the event will provide information, giveaways, activities, and other useful information. These include UCFS Healthcare and the Uncas Health District.

About CorePlus Credit Union

CorePlus Credit Union is a federally chartered, member owned, not for profit cooperative. We are a not for profit, not for charity, but for service credit union founded in 1936. With a strong emphasis on community development and member well-being, CorePlus Credit Union is dedicated to creating financial wellness for all. For more information, visit coreplus.org.

Refer a friend through the month of June and you both receive a FREE Stanley Tumbler!*

Tell your friends about CorePlus Credit Union and when they open and use their new CorePlus Kasasa Cash or Cash Back checking account with Kasasa Saver, you AND your friend will each receive a 30 oz. Stanley Tumbler.

Refer as many friends as you like throughout the month of June!

Referred friends must complete the following activities:

Open a combined Kasasa Cash or Cash Back checking and Kasasa Saver savings account.
Establish a new direct deposit relationship with CPCU totaling a minimum of $1,500 per month.
Make 12 debit card transactions, not including ATM transactions within 45 days of account opening.

Don’t miss this limited-time offer! Head over to https://www.coreplus.org/kasasa to explore our Kasasa accounts and take control of your financial future.

*Terms and conditions apply. To view the June Exclusive Refer-A-Friend Eligibility Form, click here.

Your exciting next chapter will start soon. Are you ready? You’ll encounter financial, lifestyle and emotional milestones along the way — but you’re not in this alone. We’ll work together to help you feel confident about your path to retirement. A great first step in this journey is the Three Transitions to Retirement seminar.

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 August 20th at ZOOM
Presented by Travis Stanley from TruStage™ Annuities

Travis Stanley from TruStage™ Annuities will answer your retirement questions and help you:

More confidently address the financial, lifestyle, and emotional transitions to retirement.
Guard against risks and manage the inevitable ones.
Gauge when you’re ready for retirement.

Click here to reserve your place at this upcoming seminar.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

Travis Stanley and TruStage™ Annuities are not affiliated with or endorsed by LPL Financial or CorePlus Wealth Management.

If you do not wish to receive marketing-related material at this email address, reply to this message with “remove” in the subject line. The sender will contact you to ensure we comply with your wishes.

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TruStage™ 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, 2000 Heritage Way, Waverly, IA, 50677. 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-4751587.2-0923-1025 © TruStage

Income for Life Virtual Seminar – Wednesday, August 7, 2024 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 August 7th 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?

Click here to reserve your place at this upcoming seminar.

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

Understanding Medicare Virtual Seminar – Wednesday, July 24, 2024 at 6:00PM

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
6:00 PM EST on July 24th at ZOOM
Presented by 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

Click here to reserve your place at this upcoming seminar.

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

Social Security and Your Retirement Virtual Seminar – Wednesday, July 17, 2024 at 6:00PM

Regardless of how close or far away retirement is, chances are you have questions and could use someone at your side to help lead the way – especially with how Social Security works.

Here’s an opportunity to attend a valuable educational seminar on this important topic, at no cost and no obligation:

Social Security and Your Retirement
6:00 PM EST on July 17th at ZOOM
Presented by Travis Stanley from TruStage™ Annuities

Start finding answers at our Social Security and Retirement seminar at no cost or obligation to you. Travis Stanley from TruStage™ Annuities will walk through specifics about Social Security and help you understand:

The rules for starting Social Security benefits
How spouses coordinate their benefits
Different things you can do to potentially increase your benefits
Where Social Security fits into your retirement plans

Click here to reserve your place at this upcoming seminar.

Holland Rajaniemi
CorePlus Wealth Management Advisor
CorePlus Credit Union

202 Salem Turnpike
Norwich, CT, 06360

Travis Stanley and TruStage™ are not affiliated with or endorsed by LPL Financial or CorePlus Wealth Management.

TruStage™ 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, 2000 Heritage Way, Waverly, IA, 50677. 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.

Event Details:
Date: Tuesday, May 28, 2024
Time: Meeting begins at 8:00 AM
Location: Norwich Branch Lobby – 202 Salem Tpke., Norwich, CT 06360 or virtually via ZOOM

2023 Annual Report

Click to View Our 2023 Annual Report

2023 Community Impact Report

Click to View Our 2023 Community Impact Report

2023 ANNUAL MEETING & NOTICE OF ELECTIONS

The Nominating Committee, consisting of Director David Moorehead, Director Jesse Luis, and Director Louis Fusaro Sr., has presented its report of nominees for the Board of Directors in accordance with the bylaws of CorePlus Federal Credit Union. The following individual has been nominated for election.

Three Year Term

Nancy Bulkeley – retired from Dominion Nuclear Energy after 25 years. She was the Senior Community Affairs Representative. Nancy was responsible for representing the company and its policies and programs in the community. Her primary interface was to local governmental and community groups not only in nuclear related discussions but as a key interface for the local charities that are part of Dominion’s focus as a responsible member of the community. Nancy had served on committees and boards for several non-profit organizations in her community. She also supported education programs through tours, community outreach, special events, and established and promoted minority outreach programs.

Election and Meeting

Having met the bylaw provisions that at least one nomination be made for each vacant position, there will be no nomination(s) from the floor. No petition nominations having been received the election will be a single vote cast by the secretary in acclamation and will not be conducted by ballot.

The CorePlus Federal Credit Union annual meeting will be held on Tuesday, May 28, 2024 at CorePlus Federal Credit Union, 202 Salem Turnpike, Norwich CT starting at 8:00am.

Jean Swift
Board Chair

Click to View Our 2022 Annual Meeting Minutes
2022 ANNUAL MEETING MINUTES – MAY 23, 2023