We're connected! During the “dog days” of summer, slightly ahead of schedule, North Shore Credit Union’s automated teller system was linked to the INTERAC network — the largest network of shared ATMs in Canada.

INTERAC ts cash convenience from coast to coast. NSCU members are now able to withdraw cash from their accounts at more than 4,300 new locations across Canada —- unrestricted access to your funds vir- tually anywhere, any hour of the day. All you need-is your CUE/STRATA card and (PIN) Personal Identification Number or your MasterCard transac-

In the same way, members and customers from all other participating financial institutions are also able to access their accounts at NSCU’s automated machines. The distinctive black-and-gold INTERAC symbol is now. displayed by Credit Unions actoss Canada, Caisses Populaires in Quebec and the major banks and trust companies.

-£The INTERAC network com- plements the broad access to funds NSCU members already enjoyed through the CUE/STRATA and EX- CHANGE networks linking Western Canada and‘ the U.S.A. The IN- TERAC connection more than doubles the number of ATMs available to NSCU members — a total of, 8,300 .at last count, and still

Iraportant Details You Should Know About INTERAC

¢ Card-Users Must Now Choose their Transaction Lanquage.

Because INTERAC is a national net-

work, all participating institutions are

required to offer card-users a choice

between French or English directions

— the two official languages.

¢ New Cards Will Be Issued Within the year, you can expect to receive new cards in order to conform to INTERAC regulations. To avoid disruption, an arrangement with IN- TERAC allows existing cards to be used in the meantime.

¢ “MAXIMIZER” is a Savings Account. Remember! When using other ATMs (or ABMs, Automated Banking Machines), identify your Maximizer account as a savings account. Max- imizer is not a chequing ac- count and when identified as such will net allow, a successful transaction.

© And Finally, Convenience Has Its Price.

Since other institutions charge NSCU a fee every time one of our members uses: their machines, we will be pass- ing this fee on to the member. We have made additional ATM networks available to you as a convenience. You only pay when you use them and the applicable fee is then added to your normal monthly service charges. Please note: these ATM fees are passed on to us from the other in- stitutions, they are not Credit Union service charges and app- ly to all accounts. For example, ATM fees would be additional to the flat $6.00 monthly charge on our chequ- ing accounts and would also be pass- ed on to all service charge-exempt GOLDEN SERVICE 55 acccunts.

ATM FEE SCHEDULE

NSCU Branch ATMs... Other CUE CENTRES EXCHANGE See eee

* (See below) $ .50 per withdrawal § .50 per withdrawal

INTERAC ..-...:... $1.00 per withdrawal

USA. EXCHANGE wee

$2.00 per withdrawal

* It} pays to use your own machine to withdraw funds. North Shore Credit Union pays its members to use their own Branch ATMs = 20¢ per withdrawal up to a maximum of $1.00 per month whenever they access their savings accounts.

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. Credit Union members,

27 ~ Sunday, November 1, 1987 - North Shore News

Thank you North Shore!: Judging from the smiles on their faces, students at Capilano Elemen- tary really appreciate their ney Adventure Playground. NSCU helped to raise funds for the

project.

CREDIT UNIONS LIGHT THE WAY

‘INTERNATIONAL

CREDIT UNION DAY

On October 15, 1987, the global Credit Union movement celebrated In- ternational Credit Union Day — the fortieth celebration of the occasion by volunteer leaders and professional workers within the worldwide Credit Union system. When it began, there were fewer than a dozen nations in which special Credit Union Day events were planned. Today, Credit Unions in over 75 countries participate.

World Council members belong to the Africa Confederation of Cooperative Savings and Credit Associations, the Asian Confedera- tion of Credit Unions, the Association

‘of British Credit Unions, Ltd., the

Australian Federation of Credit Unions, Ltd., the Canadian Co- operative Credit Society, the Caribbean Confederation of Credit Unions, the Fi Credit Unfon League, the Irish League of Credit Unions, the U.S. Credit Union National Associa- tion, the Latin-American Confedera-

tion of Credit Unions and the New °

Zealand Credit Union League.

THE MEANING OF THE DAY

Each year, a special day is set apart from all ‘the others by the worldwide Credit Union movement. It is a time

INSIDE:

to honor our heritage and the philosophy of cooperation. It is an oc- casion to recall the gifts and ac-

complishments of our pioneers who founded Credit Unions and their ser- vice organizations. And it is a way of paying tribute to the many people to-

day who are continuing the commit- ment that has built strong financial in-

stitutions that serve the express needs of rnembers. For many, Inter- national Credit Union day provides the opportunity to look to the future and the ways in which these unique cooperatives can enlarge and enhance their abilities to help others improve the quality of life.

The celebration of International Credit Union Day offers the chance to acknowledge our singular history and to renew our resolution and adherence to the “Credit Union Operating Principles”. These promote

democratic ownership and mutual self-help among Credit Unton members, Millions of people throughout the world gather to offer their appreciation for the extraor- dinary benefits gamered by Credit Unions over the years.-

. Cooperation, economic self-reliance and social responsibility have been the cornerstones of Credit Unions for © nearly 150 years. The practice of shared thrift and the provident use of capital, provided at affordable rates, are the community resources which give Credit Unions the ability to achieve self-sufficiency and maintain institutlonal independence.

Within ‘the national movements represented by the membership of the World Council of Credit Unions there are 63.5 million mernbers served by more than 38,000 Credit Unions in over 75 nations around the globe. Savings total $205 billion and loans amount to $135 billion.’

Excluding the Caisses Populaires in Quebec, there‘ are 4.2. million members in Canada served by over 1,500 Credit Unions with savings of $21.4 billion and loans amounting to $16.4 billion. British Columbia's movement is a. million’ members strong, served by 129 Credit Unions

"and the leader amongst the provinces with combined assets totalling $6.7

billion — $6.2 billion in savings and more than $5 billion in loans:

@ RRSPs, RRIFs & Annuities: An intricate web of products and variables, —

e TAX REFORM: Much Ado About. Nothing?:

¢ ECONOMIC OUTLOOK FOR BC: Promising & Positive EQUITY SHARES: All the Rage!

° NSCU SURVEY RESULTS —e. @ 1987 BURSARY AWARD WINNERS

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