Regretfully, you are probably in the majority of educational employees that are in contract limbo. We know from experience and appreciate how financially concerning this can be to you. We are pleased that many individuals and families are proactively meeting with us to discuss their financial

position and options. We would like to help you too. Whether you are currently an OECU Member or not

we will help you prepare for your potential, immediate and long term financial wellness. We are your credit

union, proudly dedicated only to educational employees and their families since 1962!

Everyone has unique financial circumstances, we can make it complex but we prefer simple, straight forward, easy to understand solutions, that work for you!

www.oecu.on.ca

OECU UpdateWinter 2020

Ontario Educational Credit Union… A Full Service Financial Institution Owned and Directed by Educational Employees Like You! All active or retired Educational employees and their family members can join our credit union!

ARE YOU ON THE DEBT TREADMILL? Do you want to get financially fit, but you keep paying and paying, and never achieve your goal? Do you carry credit card balances? Did you borrow through a finance company? Are you using a payday lender?

The rates you are paying are most likely so high that you’re not paying, or paying very little principle reduction on your debt.

Let us help you!We offer a consolidation loan, or lines of credit combined with the convenience of payroll deduction, and significantly lower your interest. You will save on interest payments while paying down principle at a manageable pace. We will provide you with the tools to get off the treadmill and onto solid ground toward your 2020 goal of becoming financially fit!

Tip: Establish a Payroll Protector Line of Credit today.

Make 2020 the year…Pay Yourself First! Off my pay…Off my mind, it’s simple, it’s easy and it works…

• You select how much per pay to save.

• We help you select the best savings vehicle to suit your needs and dreams.

• Your deduction is taken from your pay before you receive it in your chequing account.

• Your employer sends your money directly to us on your pay day and we invest it as per your instructions.

Don’t be left out in the cold – get the right insurance coverage at a great price.

Home | Car | Motorcycle | Boat | Condo |

As a member of the OECU, you can take advantage of great rates and preferred discounts on your home and auto insurance and benefit from expert advice. Contact HUB International today for a free, no-obligation quote – 1.855.582.3025

Ensure you tell the HUB representative that you are a member of the OECU.* The “Obtain a quote for a chance to win a Smart Voice Assistant” is open from February 1st, 2020 to April 30th, 2020. No Purchase Necessary. To be eligible, you must request a Home and/or Auto quote from HUB by calling 1-855-582-3025 during the Contest Period, be 18 and over, a resident of Canada (excluding QC) and a member of the Ontario Educational Credit Union. You could win a Smart Voice Assistant worth approximately $49 – 1 prize per winner. 1 Smart Voice Assistant will be awarded in total with an aggregate prize total of approximately $49. For full contest details and rules please email oecu_ont@hubinternational.com. © 2020 HUB International Limited. All rights reserved.

Interest rate hint: February is a good month to check our website for special GIC rates!

www.oecu.on.ca

“The Educated Choice in Financial Services”

Mississauga Office6435 Edwards Blvd. Mississauga, ON L5T 2P7Toll Free: 1-800-463-3602Phone: 905-795-1637Fax: 905-795-0625

Simcoe Muskoka Office48 Alliance Blvd., Unit B8

Barrie, ON L4M 5K3Toll Free: 1-800-292-7202

Phone: 705-737-5622Fax: 705-737-9946

Look at what else we can do for you!

• Savings

• Chequing

• Investments

• Loans

• Line of Credit

• Mortgages

• Home Equity

Line of Credit

• Automotive

Financing Program

• RESPs

• RRSPs

• RRIFs

• TFSAs

• Member-Link

Internet Banking

• Direct Pay Deposit

• Payroll Deductions

• Insurance Services

• Credit Cards

• Membercard – ABM/POS

• Financial Planning

…and more