1. Art and Diseño

February 2015
OregoniansCU.com
SCENE
MEMBERS Financial Services is now
Financial Planning
Retirement • Investments • Insurance
2015
College Scholarship
We're awarding four
$1,000 scholarships!
BRINGING OUR MEMBERS:
• Financial & Retirement Planning
• Estate Planning*
• Professional Investment Guidance
• Insurance Products & Services
Taylor McClish
Financial Advisor
503.239.3060
Work With Someone You Trust
• Are your retirement funds invested properly?
• Financially, what would happen to your family if you passed unexpectedly?
• How will you pay for health insurance and long term care in retirement?
Are you headed off to
college this year? Apply for
• Board
Electionto earn
our
2015 Scholarship
• Asktoward
Questions
money
your tuition!
• Appetizers
& Prizes
We’re
awarding
four
$1,000 scholarships!
Apply Today!
Deadline to submit the
application and essay is
March 31, 2015.
Apply online at
OregoniansCU.com/scholarship
To setup a no-cost, no-obligation appointment, call Taylor at
503.239.3060, email him at [email protected] or
visit the Financial Planning page at OregoniansCU.com
Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and
investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC
insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. FR-1099521.1-0115-0217
Downtown Portland
branch closure.
*Representative is neither a tax advisor nor attorney. For information regarding your specific tax situation, please consult a tax professional.
For legal questions, including a discussion about estate planning, please consult your attorney.
Learn more inside on page 2.
Downtown Portland Branch Closing 02/27/15
With deep regrets we are announcing the permanent
closure of our Downtown Portland branch, which has
been in operation since 1960.
The last day of business at this location is Friday, Feb. 27 .
th
The decision to close the
branch was not taken lightly.
For years the majority of the
members that regularly used
this branch were employees
of the Oregonian Publishing
Company. As this company
has downsized and relocated
away from the branch, transaction volume, number of loans
made and new member growth at this location have greatly
declined. In fact, at the time of the merger almost ten years ago
which created Oregonians Credit Union, this branch was the
busiest branch in our system of branches. It now has the
lowest transaction volume of our eight branches. With such low
volume, which is projected to continue its decline, this branch is
no longer able to support the operating costs that go along with
running a branch.
A decline in branch transaction volumes is being experienced at
most credit union and bank branches.This is due to the
acceptance of online and mobile banking. There is also the
increase in direct deposit of paychecks and retirement funds and
the broader use of bill pay systems and debit card transactions.
OFCU members now apply for half of the loans they request by
using our online systems. People just do not have the need to
frequent branches like they used to. Experts predict that
financial institutions will significantly reduce their branch
networks and shrink the square footage of existing branches
over the next decade.
We remind you that OFCU offers many ways to access your
accounts in the Portland area.
We have 6 branches in the Portland Metro area. Our closest
branches to downtown are:
• NE Portland Branch: 336 NE 20th Ave, Portland, OR 97232
• St. Johns Branch: 7825 North Lombard Street, Portland, OR 97203
OFCU belongs to the Co-Op Shared Branching Network: You
may access your Oregonians account at the following locations
that are just a few blocks away from the Broadway branch:
• Unitus CU: 1300 SW 6th Ave, Portland, OR 97201
• TwinStar CU: 1510 SW 6th Ave, Portland, OR 97201
There are dozens of other shared branch locations in the area.
Visit our website to search for locations.
As mentioned in this letter, OFCU members continue to reduce
their visits to our branches. Most are increasing the usage of
the following methods of accessing their accounts:
• Online Banking
• Mobile Banking Apps
• Mobile Check Deposit
• Online Bill Pay
• Telephone Banking
• Direct Deposit
If you have questions on how to continue using your Oregonians
CU account, visit OregoniansCU.com/Broadway, email us at
[email protected] or call us at 503.239.5336.
Sincerely,
Chuck Garner
CEO, Oregonians Credit Union
DEAL
CHECKING
Ask us about a free trial of
BaZing discounts today!
Visit OregoniansCU.com/bazing
to learn more about the program.
REMINDERS
HEY TEENS!
HOLIDAY CLOSURE
Presidents’ Day
Monday, February 16th
Tell us in 140 character or less:
How can a credit union help you
plan for a ZOMBIE APOCALYPSE
Awards: Four (4) $250 awards,
and one (1) $1,000 award
(or other future event)?
Tweet to @elementsofmoney
Are you traveling out of the
area this year? Contact us
before you leave to ensure your
debit or credit card will work
while you are traveling.
6th Annual
Tweet for College
Scholarship
For more info visit www.TweetForCollege.org
Monitor Your Accounts with MyAlerts
Stay informed about important account activity using MyAlerts. These
alerts can be delivered to you via email and/or text message to your
mobile device. Our alerts help you stay in control of your finances
while helping ensure your account is safe.
MyAlerts
Alert Types Include:
Tax season is here. Turbo Tax
discounts are available for
members on our website.
• Balance Alerts to inform you of
your balance on a daily basis or on a
specified day of the week.
• Low Balance Alerts to know
when your account gets below a
certain dollar amount.
• Transaction Alerts so you will
be notified when a deposit or
withdrawal occurs in your account
above a specified dollar amount.
• Event Alerts to be notified of
various activities performed in your
online banking account.
SIGN UP TODAY!
Log into online banking and select MyAlerts from the menu options and follow the instructions.
Your family members are
eligible to join Oregonians
Credit Union. Let them take
advantage of all the benefits
that come with being a
member of the credit union.
Auto Mentors Online Car Sale
Feb 11th - Feb 14th
• Get pre-approved for an auto loan through Oregonians CU.
Take advantage of our low auto
loan rates! Apply online today!
1.99
%
APR
NEW & USED
• Visit AutoMentors.com and click on the Inventory link,
starting Feb 11th. There will be over
200 pre-owned vehicles to explore,
each with a firm, no hassle price.
• Call Glenn at 503.487.7623, your
Personal Auto Shopper, once you have
selected a vehicle.
LOW
PRICES
• Glenn will answer your questions,
coordinate the Credit Union financing,
and schedule the delivery at a mutually convenient location.
The Importance of Updating Beneficiaries
Have you recently married or gone
through a divorce?
Contact Us
Phone
503.239.5336
800.982.2974
Home Loans
503.239.1120
800.697.8996
Telephone Banking
503.221.8737
800.833.1216
Business Loans
503.239.3070
800.205.9576
Website
www.OregoniansCU.com
Email
[email protected]
Locations
Beaverton
11240 SW Allen Boulevard
Beaverton, OR 97005
Downtown Portland (closing 2/27)
1437 SW Broadway
Portland, OR 97201
Gresham
247 E Powell Boulevard
Gresham, OR 97030
Milwaukie
6915 SE Lake Road
Milwaukie, OR 97267
the credit union is instructed on what to
do with the funds. This can cause huge
problems for family members that are
left behind.
Have you started a family or
experienced a death of a loved one?
Any one of these life-altering events
could mean that your beneficiary
designations are no longer up to date.
That could create major headaches for
your loved ones someday.
Beneficiaries are individuals or entities
that you name to receive certain assets
when you die. Many people do not
realize the significance of beneficiary
designations. For example, if an account
at the credit union does not have a joint
owner for beneficiary listed on it, all the
money in that account is on hold until
Beneficiary designations are easy to
complete. All you need to do is fill out
a beneficiary designation for each suffix
you have on your account. The only
information you need to know is the
beneficiary(ies) name and relationship to
you. It is that simple!
If you are not sure if you have
completed a beneficiary designation for
your account, just stop in or call the
credit union to ask. We would be happy
to look it up for you. Not only will you
have peace of mind, but your loved ones
will thank you for it as well.
Oregonians CU Online Mortgage Center
Apply for a Home Loan without Getting off the Couch!
Our online Mortgage Center makes applying for a home loan easier than ever.
The online application process can be completed in as little as 20 minutes!
Our Mortgage Center also provides you with useful resources like calculators and
FAQs that can help members who are in the first stages of the home buying process.
You can also set up Rate Alerts to help monitor rates!
Along with our low rates and fees, Oregonians CU is the place to go for your
mortgage needs!
NE Portland
336 NE 20th Avenue
Portland, OR 97232
Oregon City
19360 S Molalla Avenue
Oregon City, OR 97045
Prineville
110 NE 5th Street
Prineville, OR 97754
St. Johns
7825 N. Lombard St
Portland, OR 97203
Branch Hours
Monday - Thursday: 9am - 5pm
Friday: 9am - 6pm
www.OregoniansCU.com/mortgage
Federally Insured By NCUA