YOUR PARTNER FOR - PDF document

1 YOUR PARTNER FOR FINANCIAL WELLNESS 9/2
YOUR PARTNER FOR FINANCIAL WELLNESS 9/2018 What is SECU ❑ Established by state employees in 1937, SECU is a not - for - profit financial cooperative owned by its members ❑ SECU’s membership consists primarily of NC State Government and Public School employees and their immediate family members How SECU Can Help State Employees’ Credit Union offers a variety of produc

2 ts and services to help members create a
ts and services to help members create and maintain a financial plan through all phases of life. SECU Share and Deposit Accounts Savings ❑ Share Account ❑ Money Market Share Account ❑ Share Term Certificate ❑ FAT CAT and Zard Share Accounts for Youth Checking ❑ Interest Bearing Checking Account ❑ Debit Cards ❑ Online BillPay ❑ Convenient ATMs Retirement* ❑ Tradi

3 tional IRA ❑ Roth IRA ❑ SEP IRA *Inv
tional IRA ❑ Roth IRA ❑ SEP IRA *Investment IRAs offered through Credit Union Investment Services (covered later) The National Credit Union Administration (NCUA) insures funds on deposit with SECU. The basic insured amount for a credit union member is $250,000. SECU Loans and Lending Services Personal ❑ Signature Loan ❑ Share Secured Loan ❑ Salary Advance Loan ❑ Share Term

4 Certificate Secured Loan ❑ VISA ® Cre
Certificate Secured Loan ❑ VISA ® Credit Card Auto ❑ New Vehicle ❑ Used Vehicle ❑ Car Buying Service ❑ Auto Power Program Mortgage ❑ Adjustable Rate Loan (ARM) ❑ Fixed Rate Loan ❑ Home Equity Line of Credit ❑ Construction Loan SECU Financial Advisory Services Credit Union Investment Services Wholly - owned subsidiary of SECU; NC Registered Investment Advisor ❑

5 Review members’ goals, financial circ
Review members’ goals, financial circumstances, tolerance for market risk and time horizon ❑ Review statements from other financial institutions: analyze asset allocation & expense ❑ Recommend low - cost, well - diversified mutual fund investments Investment advisory services offered through Credit Union Investment Services. Securities offered through SECU Brokerage Services.

6 Member FINRA, SIPC. Securities products
Member FINRA, SIPC. Securities products are not credit union deposits. They are not obligations of or guaranteed by a credit union or its affiliates. They are not insured by the NCUA or any federal government agency. Securities products involve investment risks, including possible loss of principal. Investment representatives are also credi t union employees, who may accept deposit

7 s. SECU Financial Advisory Services Tax
s. SECU Financial Advisory Services Tax Preparation Services ❑ Low - Cost Service ❑ TurboTax ® via www.ncsecu.org Financial Counseling ❑ Credit Report Review ❑ Spending Plan Review ❑ Debt Elimination Counseling ❑ Future Financial Goals Discussion Retirement Planning ❑ Pre - retirement - retiring in over 3 years ❑ Nearing retirement - retiring in 3 or less years ❑ D

8 uring retirement SECU Financial Advisory
uring retirement SECU Financial Advisory Services Insurance Services ❑ Homeowners, Auto and other Personal Lines (motorcycle, boat, etc.) ❑ Health Insurance ❑ Term and Whole Life Insurance ❑ Immediate and deferred annuities ❑ FAT CAT and Zard Group Life Insurance Education Planning ❑ FAFSA Assistance ❑ NC 529 vs. Coverdell ESA Advice SECU Financial Advisory Services Estat

9 e Planning & Trust Services ❑ “When
e Planning & Trust Services ❑ “When should I create an estate plan and where do I begin?” ❑ SECU’s Estate Planning Essentials Program ❑ Corporate Trustee services ❑ Corporate Executor services Trust Services offered through MEMBERS ® Trust Company, a federal thrift regulated by the Office of the Comptroller of the Currency. Trust products are not credit union deposits, ar

10 e not insured by the NCUA or any other
e not insured by the NCUA or any other federal government agency, are not obligations of or guaranteed by the credit union, MEMBERS ® Trust Company or any affiliated entity, and involve investment risks, including the possible loss of principal. The material above is for educational purposes only and is not intended to provide legal or tax advice regarding your situation. For legal

11 or tax advice, please consult your atto
or tax advice, please consult your attorney and/or tax professional Making the Connection Agency HR Representatives learn of SECU resources and provide information to Regional HR Offices Regional HR Offices use SECU information for individual employee referrals and/or schedule group financial education events SECU branch representatives work with Member Education and Outreach D

12 epartment to provide ongoing resources
epartment to provide ongoing resources Resources for Groups  Accounts/Services Information Packets  New Employee Orientations  Benefits/Wellness Fairs  Lunch and Learns  Volunteer Opportunities  Webinars  Financial Education Presentations Financial Education Topics  Planning for the future  “Retraining” money behaviors  Debt Management  Hom

13 eownership  Saving for college  Fi
eownership  Saving for college  Financially protecting loved ones  Keeping assets safe  Retirement planning  Wealth building HOW TO CONTACT US Visit www.ncsecu.org for a complete list of SECU locations or call 24/7 Member Services at 1 - 888 - 732 - 8562 for more information. Member Education and Outreach Department Phone: 888 - 478 - 4648 Email: membereducation@ncsecu