Winter 10

Whether you’re looking to borrow a little or a lot, we have the right loan product for you. With our low rates, flexible repayment plans and expert advice, you’ll be on your way in no time flat.

If your high interest credit is eating away at your money, then it’s time to stop the vicious cycle of overpaying debt.

One simple payment at a lower rate has many benefits. You can stop the juggling due dates, and can track your spending in a less stressful way. Best of all, you will be able to see a clear path to debt freedom and pay less money along the way.

Although debt repayment always involves some discipline on your part, our low rates are usually much less than what you would be paying through credit cards or department store cards.

Lower interest rates help you focus solely on repayment and help you get back to a healthy financial state. Whether it’s an automatic payment on a weekly, bi-weekly or monthly timeline, we can come up with a plan that works for you.

Come in and visit a Toronto Municipal Employees’ Credit Union representative today, or contact your nearest branch to learn more about how we can help you manage debt.

CONSOLIDATE YOUR DEBT AND SAVE!

DEBT CONSOLIDATION, LINES OF CREDIT AND PERSONAL LOANS.

Best Ways To Borrow!

FOR ALL CITY OF TORONTOEMPLOYEES

ONLINE LOANAPPLICATIONWhether you need a Home Equity Loan, a Car Loan ora Personal Line Of Credit, we make it easy for you toapply with our online loanapplication form service.

The process should takebetween 5 and 20 minutes,depending on your internetconnection speed and theinformation you have available.

Once you have completedyour application, we willcontact you for further details.

At Toronto MunicipalEmployees' Credit Union we are always taking steps tomake your personal bankingexperience better.

WERE HERE TOPROTECT YOU AND THE THINGS YOU VALUETMECU has partnered with CUMIS® to provide acomprehensive offering ofhome and auto insuranceproducts which is competitivewith claims service beyond compare in the insurance industry.

Before you buy home or auto insurance, call CUMIS® for a quote and learn moreabout their competitive policy features.

Call the Customer ContactCentre: 1-800-810-2847

Monday to Friday from 8 a.m. to 8 p.m. EST

CUMIS® have been providingexceptional insuranceprograms to credit unionmembers since 1937.

KEEPING IT SIMPLE

The Toronto Municipal Employees’ Credit Union team wishes you a very happy and prosperous New Year!

It’s time again to think about your present and future financial goals.

Whether you are saving for an education, have resolved to really start saving for your retirement, or need to pay down some debt for a clearer financial perspective, this first newsletter of the year presents a variety of debt management, savings and investing solutions to help you evaluate your options.

With expert advice and friendly service, we are here to help you.

For more product information visit wherewebank.com or feel free to visit us at any time.

ONLINE BANKING - CONVENIENCE IS KEYMAKING YOUR DAY-TO-DAY EASIER

Coming into the branch to discuss your financial needs and get valuable face-to-face advisory is always a good idea. But things like paying your bills, transferring funds, checking your balance and transaction records can all be done from the comfort of your home or office, saving you time.

Toronto Municipal Employees’ Credit Union online banking is safe, secure and any information you view or enter will be kept confidential.

Email ivanl@tmecu.com, or call 416-392-6868 x 227 to register for online banking.

TERM DEPOSITS -FOR STEADY AND SECURE SAVINGSEnsure a measurable growth in your investments and enjoy the benefits that steady and secure planning brings.

A locked in term deposit is ideal for people who don’t want to take chances with their money. The low-riskinvestment product comes with a guarantee that you will meet your savings goals and to plan ahead with confidence.

Plan that dream vacation, have money set aside for school tuition or simply feel more secure with a strongerfinancial safety net. Your investment is also RRSP, RESP, RRIF and TFSA (Tax Free Savings Account) eligible allowingyou to maximize on your saving potential.

Index-linked Term Deposits are also RRSP eligible and are available to those who would like to take advantage of the growth potential of the open market without risking their initial investment.

Visit wherewebank.com for more details.

LOOKING AHEAD TO A BRIGHT NEW YEAR!

THE TAX FREE SAVINGS ACCOUNT GIVES YOU MOREAfter almost a year since its introduction, the TFSA has been swiftly adopted as a tax-free savings vehicle with all the benefits of traditional high-level savings accounts, but without the penalties, capital gains or income tax. You can also hold many of the traditional investments you currently own in your RSP, such as GICs, Mutual Funds,Stocks and Bonds, but save the tax and direct the funds into any area you choose.

HERE IS A REFRESHER ON HOW IT WORKS:

The TFSA offers unlimited access to your funds so you can withdraw and redeposit funds at any time, without penalty up to your annual investment limit of $5,000! Any unused balance is carried over to following years. For example if you don't contribute at all for three years, your investment limit grows to $15,000.

When you consider the penalties incurred on other investment products when trying to access funds prematurely, as well as the taxes you'd have to pay - there is no comparison.

This is an ideal way to set money aside for larger purchases or to make cash deposits on things like a new car, home renovations, appliances, a vacation, education, or just to have funds available in case you need them.

Talk to us today about opening up your Tax Free Savings Account

With this low interest rate, you can borrow as much as you need

Take advantage of your maximum contribution allowance and repay the loan with easy and manageable installments.While your investment grows beyond what you borrowed you will have piece of mind knowing that you are buildingsecurity for the future.

RRSPs are also a great way to save money every year. By contributing as much toward your maximum allowablecontribution as possible, you save on your yearly income taxes.

If an RRSP Loan could help you make your savings goals this year, contact us or visit wherewebank.com for more details.

THE CHEQUING UNLIMITED ACCOUNT

For only $10 per month withdirect deposit, you can takeadvantage of unlimited debits,bill payments, withdrawals,pre-authorized payments,personal cheques, as well as 24-hour a day access to youraccounts through online,telephone or ATM banking.

On top of our network of ATMs,and the Interac network forpoint-of-sale purchases, ourChequing Unlimited Accountprovides you access to TheEXCHANGE® Network of ATMs,completely surcharge-free atmore than 2,200 ATMs acrossNorth America.

THE EXCHANGE®NETWORKThis service offers our membersthe opportunity to access theirmoney nationwide at morethan 2,000 ATM locations,surcharge-free. Just look for an ATM with The EXCHANGE®Network logo and know thatyour money is just a swipeaway, without any unwelcomedings on your bottom line.

ACCOUNTS & SERVICES

RRSP SEASON ISJANUARYBUT DON’T PANIC!

RRSP Loans At Great Rates

TORONTO BRANCHNew City Hall, Main Floor100 Queen St. West,P.O. Box 30Toronto, ONM5H 2N2

t 416-392-6868 f 416-392-6895

ETOBICOKE BRANCH2 Civic Centre Court,Main FloorEtobicoke, ON M9C 5A3

t 416-622-9300f 416-622-2002

SIGN UP FOR E-STATEMENTS.THE ENVIRONMENTALLY-FRIENDLYWAY TO DO YOUR BANKING.

We are happy to offer an electronic statement service for all of our members, delivered directly by email eachmonth. The e-statement gives you all the same details as your regular statement, but much quicker and at lesscost to our environment. We're always on the lookout for ways our members can save, whether it's money, time,or paper, and our electronic statements are just the latest way of doing more for you.

Signing up for the service is simple, just head to our website at wherewebank.com, or give us a call at416.392.6868 x.227 today and get started.

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OUR MEMBERS COME FIRSTAt TMECU, our mission is tohelp improve your financialstatus, by bringing you all the products and services you need, while providingexceptional personal serviceand accessibility.

Our expert staff and financial specialists are always there for you in our Toronto and Etobicoke branches. They’ll help you set up theright accounts, grow yourinvestments, consolidate your high-interest payments,purchase a home, or give you advice on any other financial matter.

We’ve been here for you forover 60 years, and we lookforward to continuing to serveyou now, and in the future.

2009 ANNUAL GENERAL MEETINGNOTICE IS HEREBY GIVEN THAT THE ANNUAL GENERAL MEETING OFTORONTO MUNICIPAL EMPLOYEES' CREDIT UNION WILL BE HELD:

Monday, March 22nd, 2010

Metro Hall, Room 308/309, 55 John St, Toronto

The meeting will commence at 6:00pm sharp with the intention of reviewing the activities of the past year, including presentation of reports, elections and any new business that arises. You will be able to direct any questions you may have to the Board of Directors. Following the meeting, members are invited to enjoy a light buffet and refreshments.

The Credit Union Financial information will be posted on wherewebank.com for our membership to view. Also, financial statements and the auditor report will be distributed to each member in attendance at the meeting.

Transportation to and from Metro Hall from the Etobicoke Branch will be provided on a first come first serve basis. Please call the branch 416-622-9300 to reserve transportation.

Otherwise, please call your branch to register.

HERE FOR YOU