Lines of Communication
July/August 2011 Volume 27 • Number 4
Inside: Helping College Bound families | 7 Foundation scholarships | 15
$chool
Banking
Kids learn to save by making deposits at school. CAP COM is now partnering with schools to offer special visits, online account access and more! School Banking features
Sign up your school today!
• Switch Kits and Switch Nights to get your school started. We’ll transfer and close your previous School Banking account for you!
Call Carie Sala at (518) 458-2195 ext. 3671 or send an e-mail to csala@capcomfcu.org.
• Kids earn up to $70 per year with CAP COM’s Great Grades Program and Reading Programs. • CertifiKIDs* let your child’s money grow with special higher rates! *Penalty for early withdrawals. Available in 18- or 36-month term.
Get a young CAP COM School Banker started with a new Youth Account! • Call CAP COM at (518) 458-2195 or send an e-mail to schoolbanking@capcomfcu.org. • Visit www.capcomfcu.org. • Ask for more details at any branch location.
Join a growing list of School Banking partners Albany County Albany Community School A.W. Becker Elementary Blue Creek Elementary Boght Hills Elementary Hamagrael Elementary Harmony Hill Elementary Heatly Elementary Loudonville Elementary Mater Christi School New Scotland Elementary Roessleville Elementary Saddlewood Elementary Saint Ambrose School Saint Gregory’s School Saint Pius X School Shaker Road Elementary Southgate Elementary Veeder Elementary Watervliet Elementary
Schenectady County Birchwood Elementary Saint Helen’s School Rensselaer County Castleton Elementary Donald P. Sutherland Green Meadow Elementary Holy Spirit School Miller Hill Elementary Oakwood Christian School Sacred Heart School School 14, 16 and 18 West Sand Lake School Saratoga County Arongen Elementary Karigon Elementary Skano Elementary Shatekon Elementary
Giving back “CAP COM gives back. Their programs support schools and families. As a parent, I believe that’s important.” - Eva Sweet, of Raymertown, N.Y. CAP COM member Eva Sweet with her daughter, Ashley. See Ashley on Page 15 with her fellow scholarship winners. Ashley is a student at Albany’s College of St. Rose.
contents LINES
July/August ‘11 | 1
PRESIDENT/CEO’S MESSAGE By Paula A. Stopera
2 More than Mortgages CAP COM’s Mortgage Experts. 4 Financial Checkups Discover new ways to save! 5 Glens Falls Branch opens CAP COM is going north! PLUS: Upcoming workshops! 6 Youth Program Calendar Get prepared for important dates. 7 College Bound Helping families prepare for college. 8 Home Equity Loans Finish off those home projects. PLUS: A loan for new homeowners. 10 Share CAP COM Refer new members and earn $25. 11 NEW Android App! Mobile Banking gets new App! 12 CAP COM Financial Set up a trust for peace of mind. PLUS: Unique life insurance for you. 14 CAP COM Cares Golf tournament, BIG Benefit Raffle and college scholarships! 16 Low-rate Auto Loans Save time and money with us! Lines of Communication is published bimonthly exclusively for CAP COM Federal Credit Union members. Above photo courtesy of Joan Heffler. Youth photos courtesy of Denis J. Nally. CANDACE STAZIO Marketing Manager JIM O’CONNELL Marketing Specialist ELI FANNING Editor LAURA L. REYNOLDS Designer WILLOW L. DANNIBLE Marketing Associate
I spoke with local mom Eva Sweet at our recent scholarship breakfast. Her daughter Ashley earned a Davis Scholarship from our Foundation. On the cover, Eva tells us: “CAP COM gives back. Their programs support schools and families. As a parent, I believe that’s important.” Eva is right. That’s why our new School Banking Program is partnering with nearly 40 Capital Region schools. We’ll be teaching children to save. It’s a perfect match with our College Bound Program, which helps local families Discover your plan and pay for college. (See Page 7.) Yet, these family programs aren’t the only CAP COM way we help members. CAP COM offers more! plan today! On Page 8 and 9, you’ll read about our great new Home Equity Loans. These loans help with home improvement, college tuition, debt consolidation and much more! That’s just one of many smart solutions you’ll get from our experts. Just ask Schenectady’s Fran Altshuler, who tells us on Page 4: “CAP COM helped me discover new ways to save.” Fran met with CAP COM’s Shannon Clawson. That Five-Minute Financial Checkup produced a money-saving family plan. Call, visit us or go online. Discover your CAP COM plan today! Sincerely,
Paula A. Stopera President/CEO
The Supervisory Committee is the members’ representative. Please address any situations you feel were not handled to your satisfaction by the Credit Union to: Supervisory Committee, P.O. Box 11279, Albany, NY 12211-0279.
Get your tickets today!
Tickets are $30 each.* Save up $42 per ticket! (518) 458-2195 | www.capcomfcu.org *See details on Page 6.
2 | July/August ‘11
Licensed Mortgage Expert Chris Berti
Licensed Mortgage Expert Josh Hebert
Mortgage products are offered by our Mortgage Team, CCFCU Funding LLC, which is an independently incorporated subsidiary of CAP COM FCU. Mortgages in New York State only. Home loan interest may be tax deductible. Consult your tax professional about deductibility in your situation. CCFCUF NMLS Identifier: 290363. CAP COM FCU NMLS Identifier: 401261. Principal Address: 453 New Karner Road, Albany NY 12205.
July/August ‘11 | 3
Homebuyers trust CAP COM. Discover Mortgages with these great features: • • • • •
No PMI on select Mortgage programs Little or no closing costs Little or no down payments Local origination, underwriting and service Easy and convenient application process in person, online or in 15 minutes or less over the phone!
More than Mortgages • (518) 458-2195 or (800) 468-5500 ext. 2920 • www.capcomfcu.org • Visit any branch location
Advice from our experts! Scan this code with your smartphone or visit www.capcomfcu.org/mortgage-conversation to see an informative web video** with Licensed Mortgage Expert Chris Berti! **Web video is formatted only for iPhones, Android-powered smartphones and Windows Phone 7.
4 | July/August ‘11
Sign up for eStatements and eNotices today! • Visit www.capcomfcu.org • Call (518) 458-2195 • Visit any branch location • Log in to Connect-24 and click on Go Green!
Get faster delivery. Reduce clutter. Avoid fraud. Our free eStatement and eNotice online delivery tools are up to three days faster than regular mail. Delivery is safer and more secure than regular mail. Get access anywhere, anytime to a year’s worth of account activity. eStatements and VISA® eStatements View account and VISA® statements on your computer within our secure Connect-24 home banking system. Get statement delivery updates via e-mail. Print or save easy-to-read PDF documents. View copies of canceled checks.
eNotices Set up e-mail alerts or pick up eNotices in Connect-24. Create next-day e-mail alerts for low balances, overdraft notices, certificate renewals and late-payment notices. Print or save easy-to-read PDF documents.
If we can’t save you $100 ... we’ll give you $100* “CAP COM helped me discover new ways to save.” - Fran Altshuler,
of Schenectady
CAP COM helped Fran Altshuler save on her monthly bills. Find out what a Five Minute Financial Checkup can do for you! Check out our Summer Savings Days to review your insurance, home loans and more! We could save you money all year long.** Thursday, July 21: Cohoes Branch Thursday, July 28: Clifton Park Branch
Member Service Associate Shannon Clawson
Bring your bills when you drop by to see a CAP COM expert or set up an appointment to meet with us! Call (518) 458-2195 today!
*A one-time $100 Savings Account Deposit will be made if a complete financial review does not result in a plan to save at least $100 per month. Excludes closing costs. IRS regulations may require that prize/winnings be reported as income. ** Refinancing or changes to existing CAP COM products excluded.
July/August ‘11 | 5
Workshops
CAP COM hosts informational workshops on topics that matter to you. Reservations are required. Unless noted, workshops are free.
Workshop RSVP • (518) 458-2195 ext. 3168 • workshops@capcomfcu.org • www.capcomfcu.org
Include in your RSVP: • Name • Address • E-mail and phone number • Number of attendees • How you discovered our workshops
Money & Me Summer Camp Teens learn how to manage money and make it work for them. July 25-29 | 9 a.m.-noon each day For members age 15-18. Training Center 18 Computer Drive East, Albany
College Admissions High school seniors and parents get tips on college selection and admissions. Oct. 4 | 6:30-8:30 p.m. Century House, Route 9 in Latham
AARP Driver’s Safety Program Safety program for drivers. (AARP fee applies). Aug. 23 & 24 | 9 a.m.-noon each day Training Center 18 Computer Drive East, Albany
NEW: Online Defensive Driving Complete the course on your own time, get a 10% auto insurance discount and reduce points on your license! To register, visit www.capcomfcu.org/workshops.
NOW OPEN! Glens Falls Branch Qu
ak
er
Dix A venu
e
Glens Falls Branch 8 Glens Falls Tech Park (off Dix Avenue)
rk 32
32
ad
Branch hours Monday thru Friday from 7 a.m. to 4 p.m.
a lls Tech P
venue Haskell A
Glens Fa
East Field
Ro
Warren St re
et
CAP COM’s new Glens Falls Branch is now serving members in northern Saratoga and Warren Counties.
Open to all members! Expanded hours coming Sept. 1!
Investment property lending CAP COM offers a range of options and expert guidance for financing investment properties. Talk with our Small Business Department today! • (518) 458-2195 ext. 2948 • www.capcomfcu.org • Visit any branch location
6 | July/August ‘11
Saving really is cool! We said “Saving is cool” as part of a spring Youth Account celebration. And, we gave more than 700 young members a chance to win a $500 VISA® Gift Card. Our sweepstakes drawing produced one winner.
Youth Program
Calendar July Money & Me Summer Camp Teens age 15-18 learn to manage money and make it work for them. Camp is held July 25-29 from 9 a.m. to noon each day. See RSVP details on Page 5. Great Grades Program Kids earn $10 per quarter (up to $40 per year) for report cards. The next report-card deadline is July 30. Visit www.capcomfcu.org or call Amanda Stopera at (518) 458-2195 ext. 3555.
Open a Youth Account!
August
• www.capcomfcu.org • (518) 458-2195 • Visit any branch location
Great Escape FUNday Join us Sunday, Aug. 7 at the Great Escape in Lake George. Your CAP COM Membership will save you up to $42 per ticket! Tickets are $30 each.* Tickets include: • Admission • Parking • Lunch • Coca-Cola fountain beverages (all day) • A souvenir photo! Buy tickets: • Visit any branch • www.capcomfcu.org (Online sales end July 23) • (518) 458-2195 *While supplies last. All sales final, rain or shine.
September Summer Reading Program Read up to five books before Sept. 6 and earn up to $15 ($3 per book) in our Summer Reading Program! William Flack, of Albany
Submit names of books read along with drawings or summaries. Parents should sign each submission. For each book, submit: • Ages 4-8: Drawing of a scene from the book • Ages 9-12: 50-word written summary • Ages 13-17: 100-word written summary Send submissions to: CAP COM Federal Credit Union Attn: Amanda Stopera 18 Computer Drive East Albany, NY 12205
July/August ‘11 | 7
College
Bound
Helping parents and teens plan for college.
From choosing the right college to completing FAFSA financial aid forms to building a smart financing plan, CAP COM’s College Specialists are with you every step of the way.
Set up an appointment today! Ryan Chenot, College Specialist (518) 458-2195 ext. 3170 rchenot@capcomfcu.org Kim Donah, Certified College Planning Specialist (518) 458-2195 ext. 3106 kdonah@capcomfcu.org
Ryan
Kim
“CAP COM took care of the whole thing.’” – Dan Bellinger,
of Saratoga Springs, N.Y.
Dan Bellinger is studying to be an engineer at the University at Buffalo. Our College Bound Program helped Dan find a loan to finance his degree. Our College Bound Program offers unique products, services, workshops and staff dedicated to helping students and parents find the right college and build a smart financing plan. College Admissions Workshop (See Page 5 for RSVP details.) High school seniors and parents get tips on college selection and admissions. Oct. 4 | 6:30-8:30 p.m. Century House, Route 9 in Latham
8 | July/August ‘11
It’s time to finish those projects you’ve been putting off. • Bring that new kitchen, family room or deck to life: Many remodeling projects enhance property value. • Fast and easy Home Equity Loans featuring: Same-day approval and closings within two weeks. • Unique draw periods of 4 or 20 years: Draw money from your loan over time as you need it. • Home Equities ranging from $10,000 to $150,000 that feature: No pre-payment penalties.
Apply today! • (518) 458-2195 ext. 2924 • www.capcomfcu.org • Visit any branch location Apply for a CAP COM Home Equity Loan by Aug. 31 and close by Sept. 30 to be entered to win one of 25 $500 VISA® Gift Cards.**
• Close from home: Closings with no branch visit required!
**Sweepstakes Rules: No purchase necessary. Must be 18 or older to enter. CAP COM FCU employees, volunteers and their families are not eligible. IRS regulations may require that prizes/winnings be reported as income. If not used before the expiration date, the gift will be forfeited. All prizes not claimed within 30 days of written notification will be forfeited. You may also enter by mailing a 3 x 5 card with your name and address to: CAP COM FCU, 18 Computer Drive East, Albany, NY 12205-1168, Attn: Marketing Department. One entry per person.
July/August ‘11 | 9
Things are looking up!
Our new Home Improvement Loan is perfect for new homeowners with a vision. No equity in your new house? No problem.
Make life easier with our Home Equity Loans!
Home Improvement Loan**
• Consolidate high-rate credit card debt into a money-saving loan. • Pay for your child’s college education on your terms. • Make your dream vacation home or recreational vehicle a reality!
• $10,000 loan limit and five-year term. • 9.00%APR** fixed rate. • Unique two-year draw period. • Convenient payment options.
CAP COM has Home Equity rates as low as
2.99%
APR*
*Annual Percentage Rate. Mortgages in New York State only. All Line-of-Credit loans require a minimum initial advance of $5,000 and a minimum limit of $10,000. The rate quoted is based on a loan-to-value up to 80% and is available for the first 6 months of a 20-year variable rate loan. Other rates/terms available. Sample payment for 2.99% Annual Percentage Rate is $5.54 per $1,000. Rates were effective 6/8/11 and are subject to change without notice. New York State Mortgage Tax and county filing fee will apply. Additional closing costs may apply. Credit Union membership required.
• Get pre-approved within 24 hours, if credit qualified. • Receive loan funds within one business day. Discover more today! • (518) 458-2195 ext. 2924 • www.capcomfcu.org • Visit any branch location **Annual Percentage Rate. Sample payment for 9.00% Annual Percentage Rate is $20.76 per $1,000. Rates were effective 6/8/11 and are subject to change without notice. Credit Union membership required. One-day loan disbursal requires proof of home improvements. Must be a CAP COM member with a 1st Mortgage in place. Must be a homeowner.
10 | July/August ‘11
Employee Spotlight CAP COM believes in recognizing employees for outstanding efforts in support of members and fellow employees. In May, the Credit Union recognized one manager with a Leadership Award and three staff members with TOP Awards.
Leadership Award Liam Miller Web Manager Main Office 2 years of service
TOP Service Shannon Shuhart Member Service Specialist Main Office 2 years of service
TOP Sales Christine Calacone Licensed Branch Representative Latham Branch 3 years of service
TOP Support Rebecca Simpson Member Communications Specialist Main Office 4 years of service
Liam
Christine
Shannon
Rebecca
Share CAP COM and get $25 more! New Member Referral Coupon Write in your information below, cut coupon and give it to a prospective new member. Member Referred (Print name)
Refer your family, friends and coworkers and earn $251 for new: • Checking Accounts • Auto Loans • Youth Savings Accounts • Young Adult Checking Accounts It’s easy to Switch! Our Associates will set up Direct Deposit and redirect Automatic Withdrawals for new Checking Accounts!
Address City State Zip
It’s easy for new members to join!
Referring Member (Print name) Address
Phone
City State Zip CAP COM Employee Section Employee Initials:
• Visit any of our convenient branches • (518) 458-2195 • www.capcomfcu.org
Date: Existing CAP COM members cannot be new referred members. Eligible referrals must be new members who open one of the accounts or loans listed. Referring member’s account must be in good standing. New members must present Member Referral Coupon when opening new account. Credit Union employees are not eligible. There is no limit on number of referrals that can be made by a member. Referring member will be contacted by a CAP COM Associate prior to $25 account deposits. IRS regulations may require that complementary deposit(s) be reported as income. 1
New Account Number: Branch:
Chris Caradori Cohoes Branch Member Services Associate
GL #271272.0300
Go mobile!
July/August ‘11 | 11
Mobile Banking supports all web-enabled hand-held wireless devices. Simply set your device to www.capcomfcu.org for access to your account. • View account balances • Make transfers and pay bills • Find the nearest branches or ATMs (Data charges may apply.)
Android App
iPhone App
NEW Scan this code to download our iPhone App or visit Apple’s App Store.
Get faster access to check deposits CAP COM has revised its Check Hold Policy to provide access to up to $200 from check deposits. If a check you deposit is subject to a check hold, you now get immediate access to $200, rather than just $100. For check deposits made at ATMs, you can withdraw 50 percent of your deposit up to $200, rather than $100. If you have questions about CAP COM’s Check Hold Policy, please refer to the account disclosure on our website at www.capcomfcu.org or speak with an Associate. Call us at (518) 458-2195 for more details.
Guarding against elder abuse Scan this code to download our Android App or visit the Android Marketplace.
Elder abuse can be physical, psychological or financial. And, it often goes unreported. Caretakers, financial representatives, and others who recognize the signs of elder abuse should take action. Signs of elder abuse include changes in appearance, emotional state and finances. Financial signs of elder abuse • Numerous large withdrawals, often in round numbers. • Withdrawals made from share savings or share certificates, despite penalties. • Relatives or caregivers who seem overly concerned about the elder’s finances. Take action Contact our Risk Management Team at (518) 458-2195 ext. 2200 if you see financial signs of elder abuse. Or, call the New York State Department of Social Services and Adult Protective Services at 1-800-342-3009 and choose option 6.
CAP COM
12 | July/August ‘11
Financial Services
(518) 782-0209 | (800) 688-1045 | Fax (518) 782-5433 www.capcomfinancial.com
Secure your peace of mind
Trusts 101:
Learn the basics A trust is a legal entity that benefits heirs. Setting up a trust involves a three-way agreement between you, a professional trustee and your beneficiaries. A professional trustee may be an individual or corporate entity. A trustee handles investments, manages trust assets and acts in your best interest.
A trust is a great tool for achieving peace of mind. Setting up a trust through CAP COM Financial Services will establish smart management for your legacy. CAP COM Financial Services can be your partner. We will build a strategy with tax benefits and safeguards for beneficiaries who have little financial planning experience. CAP COM Financial Services offers access to professional trusts by an alliance with The Private Trust Company, N.A., an affiliate of LPL Financial. The service allows you to keep us in place as your advisory firm. A trust can help you maintain our signature stewardship and objectivity for many years. Call us today to make an appointment. Let us sketch out your financial legacy. Sincerely,
“We will build a strategy with tax benefits and safeguards for beneficiaries who have little financial planning experience.”
Benefits of a trust • Controls assets and provides financial security.
John M. Shartrand
- John Shartrand Chief Investment Officer
• Protects beneficiaries who are too young to manage money. • Avoids estate and income taxes, as well as probate expenses. • Maintains privacy. • Protects real estate holdings or business entities.
Talk with us! Call CAP COM Financial Services at (518) 782-0209 and set up a meeting. Our Financial Advisors are salaried, non-commissioned professionals who provide unbiased retirement, insurance, estate planning and tax advice for our members.
CAP COM Financial Services and CAP COM Investment Services - Securities and annuities products offered through LPL Financial, Member FINRA/SIPC. Annuities offered through LPL Financial or its licensed affiliates. A Registered Investment Advisor, CAP COM Financial Services is a division of CAP COM Federal Credit Union. CAP COM Financial Services and CAP COM Federal Credit Union are not registered broker dealers and are not affiliated with LPL Financial. Financial planning, tax preparation and insurance services offered through CAP COM Financial Services, LLC, a Registered Investment Advisor. LPL Financial Representatives offer access to Trust Services through The Private Trust Company, N.A., an affiliate of LPL Financial.
Not NCUA Insured
May Lose Value
No Credit Union Guarantee
July/August ‘11 | 13
INSURANCE OPTIONS Travelers protection Solidify their future
Travelers provides CAP COM members a chance to save money and expand insurance protection.
Auto Insurance: Enjoy low group rates, basic features and options to enhance your protection. We also offer boat and yacht insurance. Home and Condo Insurance: Get quality coverage with options to enhance your protection. Renter’s Insurance: A renter’s possessions are not covered by a landlord’s insurance. Get covered today! Flood Insurance: Many people find out too late that their property insurance does not cover flood damage. Protect high-value items like a basement furnace.
A Single Premium Life Insurance Policy can play an important role in providing for your loved ones. At CAP COM Financial, our policies can help: • • • •
Counter losses you may have already experienced. Avoid future losses from market volatility. Potentially increase the value of your legacy. Deliver a strategy1 for a secure future.
Umbrella Liability Insurance: Get $1 to $5 million of extra liability protection. Get started with a free quote! • Visit www.capcomfcu.org/insurance • Call (800) 842-5936 • Visit any branch location
Use your assets to purchase a Single Payment Life Insurance Policy with a guaranteed death benefit that exceeds or equals your intended legacy. If you are age 55 or older, talk with us today about a policy.
There may be tax implications as a result of selling assets within an investment portfolio. If contemplating this strategy, it is important to understand that life insurance is a long-term strategy to meet particular needs and liquidity may be affected. You should consult with us about the tax and legal implications of your situation. Life insurance policies contain fees and expenses, including cost of insurance, administrative fees, premium loads, surrender charges and other charges or fees that will impact policy values. All guarantees within the policy are based on the claims-paying ability of the issuing company. This strategy is not intended for variable universal life. The death benefit protection offered by a life insurance policy can be a key component of a sound financial plan. 1
Insurance is underwritten by The Travelers Indemnity Company or one of its property casualty affiliates, One Tower Square, Hartford, CT 06183. Coverage, discounts, repair options and billing options are subject to state requirements and availability, individual qualifications and/or the insuring company’s underwriting guidelines. CAP COM Federal Credit Union does not warrant, guarantee or insure any service or product offered by any insurance company. CCFCU and Travelers are separate entities.
14 14 || May/June July/August ‘11‘11
Brunswick Branch sells lucky ticket
G lfing for a good cause
The BIG check! From left, Brunswick Member Services Associate Robin Longo, Member Frank Ciccarelli and President/CEO Paula A. Stopera. Brunswick Branch Associate Robin Longo told CAP COM Member Frank Ciccarelli that he’d win big in our BIG Benefit Raffle. Robin was right. Frank was the $10,000 Grand Prize winner! The BIG Benefit Raffle raised more than $60,000 for the CAP COM Cares Foundation to support local community organizations. “The Foundation is grateful for the generous support of our members, volunteers and friends,” said CAP COM President/CEO Paula A. Stopera.
The 16th Annual CAP COM Cares Foundation Golf Tournament held in mid-June helped raise more than $30,000 for local charities. The event was held at Wolferts Roost Country Club and brought together 136 golfers from many Capital Region companies. We thank our tournament sponsors: Jaeger & Flynn Associates, Inc. Below, the team from Harris, CUNA Mutual Group Conway and Donovan PLLC. BBL Hospitality Capital District YMCA Computer Professionals Inc. Empire Appraisal Service Harris, Conway and Donovan PLLC Lavelle & Finn LLP W.B. Mason Time Warner Cable Business Class WCGS Architects Colonie Senior Services Center
BIG Benefit Raffle prize winners: $10,000 Grand Prize Frank Ciccarelli, of Poestenkill $5,000 Second Place Prize Carol Bottillo, of Troy $1,000 Prizes Anthony Battista, of Niskayuna Courtney Floud, of Stillwater Carrie DeLude, of Cohoes Mary Carmody, of Albany Bill Kennedy, of East Greenbush David Cesari, of Cohoes
BBL Hospitality tees off.
The Capital Region’s Commission on Economic Opportunity poses for a photo.
July/August ‘11 | 15
Supporting college dreams
The CAP COM Cares Foundation recently named 18 local students as winners of the annual Weidner “Ed” Davis Scholarships and Harold Horning Scholarships.* Winners are CAP COM members and earned a $2,500 award. Congratulations winners: Chelsea Aaron, of Cornwall Marina Boschi, of Ballston Lake Matthew Conti, of Cohoes Christopher Finn, of Niskayuna Claire Freehafer, of Ballston Spa Charles Garrett Rappazzo, of Castleton Arielle Grober, of Selkirk Thomas Heaten, of Amsterdam Amber Leto, of Latham Courtney Lynch, of Queensbury Brendan Malone, of Menands Greg Marchand, of Clifton Park Elizabeth McDermott, of Albany Liana Nunziato, of Ravena Megan Ryan, of Schenectady CAP COM Cares Haily Steed, of Albany Ashley Sweet, of Melrose Proudly established by CAP COM Federal Credit Union Sean Tilley, of Greenville
The Foundation has awarded over $50,000 in scholarships this year.
Foundation
*Harold Horning Scholarship winners are selected from families of employees and volunteers.
Thomas Heaten is a sophomore at Fulton Montgomery Community College.
16| |May/June July/August 16 ‘11‘11
Receive a $50 Gas Card! Scan this code with your smartphone or visit www.capcomfcu.org/gascard to get started! Get expert advice and finance with a CAP COM Auto Loan to receive a $50 Gas Card!**
*Annual Percentage Rate. All rates quoted are for individuals with excellent credit who select our Automatic Payment Plan. Individuals with less than excellent credit and/or who do not select our Automatic Payment Plan may be offered a higher rate. Rates are accurate as of June 20, 2011. Rates subject to change without notice. Visit our website or call for rates and terms. **CAP COM Auto Loan must be completed between June 20 and Aug. 31, 2011 and partnership with CAP COM’s Car Buying Service must be established. IRS regulations may require that prizes/winnings be reported as income. If not used before the expiration date, the gift will be forfeited. All prizes not claimed within 30 days of written notification will be forfeited. Limit one Gas Card per person.
At a glance PHONE CCFCU Phone CCFCU Toll Free CCFCU Fax Touch-24 Touch-24 Toll Free
(518) 458-2195 (800) 468-5500 (518) 458-2261 (518) 458-8986 (800) 634-2340
BRANCH HOURS Monday to Wednesday Lobbies 8:30 a.m. - 4:30 p.m. Drive Thrus 8 a.m. - 5 p.m.* *See Early Drive Thru Hours below Thursday to Friday Lobbies 8:30 a.m. - 6 p.m. Drive Thrus 8 a.m. - 6 p.m. Saturday Lobbies 8:30 a.m. - 12:30 p.m. Drive Thrus 8:30 a.m. - 12:30 p.m. Glens Falls Branch (New hours Sept. 1!) Monday to Friday Lobby 7 a.m. - 4 p.m. EARLY DRIVE THRU HOURS Monday to Friday Main Office & Latham 7:30 a.m.
BRANCH AND ATM LOCATIONS Albany (Main Office and mailing address) 18 Computer Drive East Albany, NY 12205-1168 Brunswick 799 Hoosick Road
ATM LOCATIONS Clifton Park Food Court, Clifton Park Center Waterford (Limited branch hours) 260 Hudson River Road
Clifton Park 1744 Route 9
SURCHARGE-FREE ATMs SUM Networks CO-OP ATM
Cohoes 219 Ontario Street
Locate ATMs at www.capcomfcu.org or with our Mobile Banking Apps.
Colonie 341 New Karner Road
WEB & MOBILE BANKING www.capcomfcu.org Secure online banking and convenient mobile-device banking featuring CAP COM’s iPhone and Android Apps.
Glenmont 384 Bender Lane Glens Falls 8 Glens Falls Tech Park Latham 4 Century Hill Drive Niskayuna 582 Balltown Road North Greenbush 233 Route 4
CAP COM FCU is federally insured by the National Credit Union Administration.
Member Company
Discounts Join the YMCA 10% off monthly membership Enjoy 10% off the cost of your monthly membership when you pay with a CAP COM Debit or Credit Card at any Capital District YMCA branch. YMCA programs help strengthen our community one member at a time.
Albany Marriott Get a 25% restaurant discount Use your CAP COM Debit Card while dining at The Market, the Albany Marriott’s restaurant, and receive a 25% discount.* The restaurant is located inside the hotel at 189 Wolf Rd. in Albany. *Offer cannot be combined with any other discount and is not valid on alcoholic beverages. Discount is valid for parties of up to 10 people and only one check will be presented per table.
Become a Member Company CAP COM serves more than 500 Member Companies. It’s easy for employees at Member Companies to join CAP COM. Add CAP COM to your benefits package for FREE and receive: • On-site presentations about CAP COM benefits. • Educational workshops at your location. • Unique promotions exclusively for our Member Companies. • A summer visit from the CAP COM Ice Cream Truck. All Member Companies can join our Member Discount Program.* Discounts are offered to the CAP COM membership on the web and in our newsletter. Find a full list of discounts at www.capcomfcu.org/discounts.
Call Carie to discover more today! Carie Sala Business Development Manager csala@capcomfcu.org (518) 458-2195 ext. 3671 www.freecompanybenefit.com
*Offer details vary by vendor. Effective date of the program is 2/1/10. Credit Union does not endorse or guarantee the products or services of Member Companies. Previous purchases excluded. Program subject to change or cancellation without notice.
The Great Escape
FUNday! Sunday, Aug. 7
Siblings Connor and Mollee Fogarty enjoy a ride at the Great Escape. PRSRT STD U.S. Postage PAID Albany, NY Permit #186 18 Computer Drive East Albany, NY 12205-1168
Get your tickets today! Tickets are $30 each. Save up to $42 per ticket! See details on Page 6.
Volume 27 • Number 4
of Communication
Lines July/August 2011
Inside: Helping College Bound families | 7 Foundation scholarships | 15