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Sunnybrook CU News Cont’d P2
Volume 3, Issue 1 Summer 2001
Elvira Guerrero/
Beverly Phillips Mortgage*
We wish to thank Elvira for her It’s likely that your new home or
contribution to the Board of Directors condominium is the largest purchase
for many years. She participated on you’ve ever made, so it makes sense
the Audit Committee for many years to make sure you receive advice and
and ensured the security of members a competitive rate- One that you can
deposits. manage.
We wish to welcome Beverly to the
Board of Directors. Beverly is the
newly elected director replacing
elvira. She comes with a strong
financial background and is currently
on the audit and nomination
Committee.
Thanks for Volunteering.
We offer a variety of choices.
InternationalYear
of the Volunteer we offer variable, openand
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We take this opportunity to s
congratulate Sunnybrook Credit e
Union’s Board of Directors who d
diligently volunteer their time and
expertise for the betterment of our F
members financial futures. i
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In addition we would like to thank all s
volunteers and especially the ones t
assisting with our Health Communities
for their dedication. Your m
contributions are greatly appreciated. o
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Sunnybrook CU News Cont’d P3
Volume 3, Issue 1 Summer 2001
RRSP
They’re finally here-In January 2001,
we introduced RRSP Deposits, RRSP
Payroll Deductions and RRSP Loans.
What is an RRSP?
A Registered Retirement Savings Plan
is a government approved plan
through which you save money for
your retirement years. Your
contributions, within limits, are tax
deductible, and the income earned is
tax sheltered. You can have a number
of plans.
Can the Credit Union Set up Payroll
deductions to an RRSP?
Yes, you can set up an automated
Payroll deduction from your bi-weekly
pay and contribute as little as $10.00
per pay. Within one year you will have
saved up $260.00 plus interest in one
year. If you set up $100.00 per pay
you will have saved up $2,600.00 plus
interest in one year.
If you’ve received your government
income tax refund for last year-Place
that into an RRSP and let your plan
grow.
of a new 2000 or 2001 car.
CAR Loans*
The New 2001 cars are out of the
stable and soon will be at the
dealerships.
Sunnybrook Credit Union Limited is *Rates Subject to Change. Subject to
offering you .50% off prime on all year qualifying within the terms and
2000 and 2001 cars. conditions of Sunnybrook Credit
Union Limited at time of application.
Don’t delay! Start cruisin around for
the best deal in town. Let us be the
ones to put you in the driver’s seat
Sunnybrook CU News Cont’d P4
Volume 3, Issue 1 Summer 2001
MeritLine - Home Equity
Line of Credit
In January 2000, we introduced a new
product - Meritline which is a home
Equity Line of Credit. If you’re a
homeowner who’s built up some solid
equity in your home, flexibility in
borrowing is now within reach!
It’s easy! Set up your credit union
Meritline Account, and you will have
the freedom to write yourself a loan
at the moment the time is right. Helen & Victoria Handspiker
Wed Stanley Rose
When you’ve found the ideal vacation
package, or are ready to pay the Spring is a wonderful time for
contractor for home renovations, just weddings and of course most people
write a cheque on your Meritline take advantage of the romance of
account. Interest rates at SCU are spring.
always competitive, and with Meritline
you don’t start to pay interest until Helen Handspiker of Catering
you write that cheque. services has been planning this
blissful event for quite some time.
Come in, or call us soon. We’ll be glad We waited with great anticipation as
to give you more information about each plan unfolded and then May
your Meritline opportunities. finally rolled around. We wish our
members Stanley, Victoria and Helen
all the best for many years to come.
Bill Payments
Sunnybrook Credit Union Limited,
for your convenience we offer
c/o Sunnybrook and Women’s
electronic bill payments with access College Health Sciences Centre,
to over 250 companies. Once set up 2075 Bayview Avenue, Room CB02,
on your account, these payments can Toronto, Ontario M4N 3M5
either be taken automatically or you Tel: (416) 480-4467
Fax: (416) 480-5908
can pay them yourself by CU-touch CU-Touch (416) 483-6200
or on Home banking. Come set it up email: info@sunnybrookcu.com
and never worry again about being website: www.sunnybrookcu.com
late with your bills.
Member Profile
Sunnybrook CU NEWS
“serving our Health Care Community”
volume 3, issue 1 Summer 2001
Parting is Such Sweet Sorrow
Annual Meeting Highlishts
This year’s General Meeting was held
in the Blythwood room on Wednesday,
April 25th, 2001.
The meeting was well attended and
May the members
Ben had an opportunity to discuss and
oit question the overall operation of the
has been with Sunnybrook Credit credit union.
Union for almost 14 years. She has
assisted members with many of their This was the first year that the
Nomination Committee presided over
daily financial needs. She has a great
the director elections to ensure a
knack for remembering all the
succession plan of qualified and
members and their special needs. We
competent credit union directors for
will all miss her.
the future.
But who can stand in the way of new
The newly elected Directors of the
adventure and a new life with a new
Credit Union are as follows:
beau. May is moving out west to
Marian Lorenz - Chair
British Columbia to marry.
Maggie Epp - Co-Vice Chair
Lu Traikovich - Co-Vice Chair
We will definitely miss May and wish
Annette Young - Secretary
her all the best in her new life. On
Ken Cheddie - Chair of Audit
behalf of the Members, Staff and
Elaine Clarke - Director
Board, we thank her for the many
Greg Baker - Director
years of diligent and dedicated service
Duebert Braham - Director
she has provided. We know she will
Newly Elected
keep in touch with us as her new life
Beverly Philips - Director
evolves.
Replacing
From all of Us, Elvira Guerrero
Good Luck and Best Wishes Issue Highlights:
Farwell to May P1
Update - Ann. Mtg. P2
Volunteers &
Mortgages P3
Rrsps &Car Loans P3
Meritline P4
Bill Payments P4
Member Profile P4
