Cornerstone Credit Union | w w w. c o r n e r s t o n e c u . o r g | February 2010
Welcome to Cut Your Bills Down to Size
Connection is your new monthly
with a Debt Consolidation Loan
We’re always looking for ways to help
supplement to your quarterly
Connector. our members’ money go further.
Well, now through March 31st, you can
In every issue, you’ll find offers trade high-rate bills for a rate as low
and financial information to help as 8.99%APR with a Cornerstone Credit
you do more with your money. Union Debt Consolidation Loan.
For instance, in our inaugural issue, Turn credit card debt and other bills c80m0y63k80
you’ll see how to save hundreds— into one affordable monthly payment:
even thousands of dollars—with a
• Borrow up to $15,000
Debt Consolidation Loan.
• Terms up to 42 months,
You’ll also learn that E-Statements flexible repayment
are a quick way to view your
account activity, just hours after • No application fee,
month-end. It’s just one example fast approval
of how you and your Credit Union
Save hundreds—even Trade high-rate debt
can save paper and save our planet!
thousands of dollars!
for a rate as low as:
And don’t miss the article about our Bills are taking a bigger bite out of
upcoming 70th Annual Meeting, everyone’s paychecks these days.
or you could miss out on your Especially credit card bills, with hidden
chance to win a 32” HDTV! fees and higher default rates, even if
your payment is as little as a day late. APR*
You’ll also find a copy of Connection Here’s an example of how much lower
online at www.cornerstonecu.org, your payments could be with a Debt Offer ends March 31, 2010
in case you want to share it with Consolidation Loan:
friends and family members.
Outstanding Monthly Interest
Balance Payment Paid
Youth Week Credit Card #1 (16.99% APR)
Credit Card #2 (19.99% APR)
Credit Card #3 (24.99% APR) $2,500 $89.88 $1,274.96
April 18-24 is National Credit Union
Credit Card #4 (new default rate 31.9% for major card issuer**) $2,000 $79.62 $1,344.04
Youth Week. As always, Cornerstone
Total of all cards $9,000 $317.00 $4,314.00
joins credit unions nationwide in
encouraging youth to open new
Cornerstone Credit Union Loan at 8.99% APR $9,000 $250.56* $1,507.47
accounts and add to existing
Potential savings over life of loan $2,806.53
accounts. This year’s theme is
“Get in the Savings Game.” Watch
for further information next month, Apply today—this offer ends March 31, 2010!
or go online at www.cornerstonecu. You can apply online 24/7 at www.cornerstonecu.org, call us
org. At Cornerstone, kids and teens or stop by the Credit Union.
get the attention they deserve. *APR = Annual Percentage Rate. Rates and terms are subject to change. Automatic payment required.
Based on creditworthiness. Payment example: on a $9,000 loan with a 42-month term at 8.99% APR,
monthly payment would be $250.56.
E-Statements Save Time, Save Trees How to Reach Us
Switch to E-Statements—
They’re convenient, secure, paperless and free 24/7 Online Access
How often do you get the chance to do www.cornerstonecu.org
something that’s easy and convenient Phone
for you and good for the entire planet? 815.235.5855
E-Statements are fast, convenient and 800.711.3277
secure. No need to wait for the mailman.
You have free access to your account Fax
transaction history within hours of month- 815.235.5970
end! They’re a smart choice all around:
• E-Statements are faster than mailed 550 W. Meadows Drive
paper statements Freeport, Illinois 61032
• Print E-Statements or store them
electronically—it’s up to you Sterling Branch
• E-Statements are safer—they can’t E-Statements are good for the planet
615 W. 3rd Street
get lost in the mail, and you have too! They save paper and reduce waste.
Sterling, Illinois 61081
easy access to review your last nine And because they’re delivered to your
statements online in a secure computer, they save delivery fuel and 24-Hour Audio
environment through CU-Branch cut pollution. Response (EARS)
Sign up for E-Statements today! 815.266.3277 or 800.711.3277
All members benefit when you use
E-Statements. Paper statements cost Visit our website and log in to CU-Branch, 24-Hour Loans
the Credit Union money for printing, your online account access system. 800.711.3277
mailing and postage. The money saved Then click on E-Statements. It’s that
when you choose E-Statements comes easy to get started! If you’re not a
back to you and other members as registered CU-Branch user, contact
better rates on loans and savings. us to get started.
Attend our 70th Annual Meeting, Monday, February 15
Remember, you can still access
Enter to Win a 32” HDTV! accounts online and at ATMs.
At Cornerstone, we’re proud of the fact
that we’ve been “Rock Solid since 1939.” Deposits are insured up to $500,000—the first
$250,000 is federally insured by NCUA and
And it’s members like you who make it the next $250,000 is privately insured by ESI.
possible for us to make that statement. This is the highest combination of federal and
private insurance available to consumers.
So we want as many members as possible Cornerstone does business in accordance with
to attend our 70th Annual Membership Following the meeting, there will be a the Federal Fair Housing Law and the Equal
Credit Opportunity Act.
Meeting on Saturday, March 13. reception, with light snacks and tours
of the facility. This is the perfect time
for member-owners like you to be part
of the democratic, cooperative process
that makes credit unions unique.
Come vote for your Cornerstone CU
Board of Directors and help us celebrate
our 70 rock solid years. We hope to
see you there!
We’ll have special mementos for all mem- 70th Annual Membership Meeting
bers who attend. We’ll also have special Saturday, March 13, 2:00 p.m. Connection is published for members
door prizes for attendees, including a of Cornerstone Credit Union. Please
550 West Meadows Drive, Freeport
send questions or comments to
Toshiba 32” LCD HDTV, a Garmin GPS unit,
*Door prizes for members only. Must be 18 years or older to
Marketing Department, 550 W. Meadows
a 10-Sheet Cross Cut Shredder and other win. Only one prize per household. Employees, volunteers Drive, Freeport, IL 61032.
surprises. You must be present to win. and their family members are not eligible to participate.