Jovia Financial Credit Union
June 2020

Building the brighter side of banking.

Our Technology Upgrade was completed on Monday and we thank you for your patience as we build a brighter banking experience for you. We encourage you to visit our online resource center jovia.financial/upgrade to learn more about the enhanced banking solutions you have to look forward to and review FAQs related to the upgrade.


Doing More with Less Paper


As a result of our technology upgrade, we're now able to send important notices to you digitally in Online and Mobile Banking. So, skip the trip to the mailbox, and check out your inbox instead. Members already enrolled in paperless statements will begin to see this benefit in the next few days! We'll notify you via email when you have a message available in Online/Mobile Banking. Then, you can log in to view it securely.

Are you interested in going paperless? It's time to ditch the clutter and say hello to the simplicity of paperless statements and messages. Plus, it'll do some good for the environment. Make the switch today and enroll in Online or Mobile Banking. Learn more >


Have a Movie Night on Us!


We realize that the service updates that took place this past weekend may have created an inconvenience, and we greatly appreciate your patience and understanding.

 

As our way of saying thanks, we want you to have a movie night on us. While you may not be able to go to the movies right now, it doesn’t mean you have to miss out on the action. You supply the popcorn; we’ll take care of the entertainment. Here’s your chance to win a $25 FandangoNow eGift Card. With FandangoNow, you can enjoy the latest movie releases right from the comfort of your home. No subscription required!
So, kick back, relax, and enjoy a movie night courtesy of Jovia.

Entries will be accepted until June 15, 2020. Good luck!
Enter Here

Jovia Sponsors the Special Olympics New York Sports Season At Home

With COVID-19 sidelining the 2020 Long Island Special Olympics this Spring, Jovia Financial Credit Union is teaming up with the Long Island chapter of Special Olympics NY as a Silver Partner to sponsor the first-ever “At Home” competition and training regimen for Special Olympics athletes.
 
Learn More

Keeping You Well Informed

Economic Impact Pre-Paid Debit Cards


Many members are receiving their Economic Impact Payment by a prepaid debit card, instead of a paper check.
 
These cards will arrive in a plain envelope from “Money Network Cardholder Services” so, be sure you open the envelope before considering discarding it.

The Visa name will appear on the front of the card; the back of the card has the name of the issuing bank, MetaBank®, N.A. Information included with the card will explain that the card is an Economic Impact Payment Card and how to activate and use it.

 
If you receive one of these pre-paid cards, you can access the funds when you:
 
• Make purchases online and at any retail location where Visa is accepted
• Get cash fee-free from select ATMs. To find one of these fee-free ATM options, visit www.eipcard.com
• As these cards are not issued by Jovia, Jovia ATMs are not included in this fee-free network.
• Check your pre-paid card balance online, by mobile app, or by phone
• For instructions to transfer the funds from your EIP Card to an existing bank account click here.
Learn More

Jovia Investment Services Online Seminar


How to Weather a Bear Market

June 10th at 11:00 AM or 2:00 PM EDT

When the market dips, what do you do? How do you react? Without a plan, reacting based on your instincts could hurt your long-term financial goals. Learn steps you can take now to prepare to weather the next bear market.
Find out:
  • What is a bear market?
  • How does behavioral finance affect decision-making?
  • How do overreaction and bad decisions compromise long-term financial goals?
  • How do I weather a bear market?
Reserve your virtual seat at one of two sessions:
Note: This event is scheduled in Central Daylight Time. When registering from a laptop or desktop computer, change the time zone to New York (Eastern Daylight Time).
 
Reserve 11:00 AM EDT
- OR -
Reserve 2:00 PM EDT
Virtual space is limited so please make your reservations today. For more information call  516-714-2052 or email [email protected].
 

Unable to attend? Call Lillian Pabst at 516-714-2052 to set up a complimentary appointment with one of our advisors.

Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.
FR-3098970.1-0520-0622

This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. All guarantees are based on the claims-paying ability of the issuer. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA, 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution. All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers. Asset allocation and diversification do not guarantee a profit or prevent a loss. See your prospectus for details about your investment options and refer to the fund prospectus for information on specific investment objectives. Variable annuities are sold by prospectus only. You can obtain a prospectus by contacting your financial advisor or the insurance company. Read it carefully.

Deposit Checks Right From Your Mobile Phone

Did you know that you can deposit checks right from your mobile phone with Jovia’s mobile banking app. It’s quick and easy. Check out the video below to see for yourself.

Home Sweet Home Equity

Use your home’s equity to open the door to new possibilities.
Based on the equity of your home, you can borrow up to $250,000 for debt consolidation, home improvements, college tuition payments, and more.

Plus, you have the option to convert all or part of your line to a fixed rate loan at a competitive rate.
Learn More

What to do with your stimulus check


As part of the coronavirus relief fund, you may have recently received a stimulus check from the United States Treasury. Wondering what you should do with that money? We can help!
 
Learn More

Homebuying 101: Fixed Rate vs Adjustable Rate Mortgages

Whether it’s your first home or your dream home, the home buying experience can leave you with a lot of mortgage questions. Let us guide you through the mortgage process and help you choose the mortgage option that's best for you.
Learn More

Job Change? Should You Roll Over That Old 401(k)?

When changing employers, make sure you understand all your 401(K) rollover options to avoid potentially costly mistakes.
  1. I’m leaving my job. What can I do with the money in my 401(k)?
  2. What is a rollover and why should I consider it?
  3. What are my options for a rollover?
  4. Will I need to pay taxes on a rollover?
  5. Are there other factors I should consider when pursuing a 401(k) rollover?
Learn More
Receive additional helpful resources and professional advice about 401(k) rollover options, rules, tax implications, and any deadlines you may need to consider. Call Jovia Investment Services at 516-714-2052 to set up a no-cost, no-obligation consultation with one of our advisors.
 
Representatives are registered, securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor, which is not an affiliate of the credit union. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution. CUNA Brokerage Services, Inc., is a registered broker/dealer in all fifty states of the United States of America.

Prior to requesting a rollover from your employer sponsored retirement account to an Individual Retirement Account (IRA) you should consider whether the rollover is suitable for you. There may be important differences in features, costs, services, withdrawal options and other important aspects between your employer sponsored retirement account and an IRA.
FR-3100792.1-0520-0622

We've Awarded $60,000 in Scholarships to High School Seniors!

Congratulations to the 20 high school seniors, selected from more than 100 applicants, to each receive a $3,000 scholarship for their outstanding academic and extracurricular achievements.
Congratulations to these winners and to the graduating class of 2020!

Named Forbes 2019 Best in State Credit Union

1000 Corporate Drive, Westbury, NY 11590
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