When you make the decision to begin your financial planning journey with Wealth Management by CommunityAmerica, we want you to feel confident about your future. So, we start by making the first step all about you. What’s important to you? What are your short- and long-term financial goals? Understanding your unique financial needs and dreams is our first priority. Examples of topics we may discuss with you include:
Starting your savings journey
Saving for a specific goal, such as a buying a home or starting a business
Saving for retirement
Saving for your child’s college education
Managing trust assets
Estate planning
Special needs planning
Typically, we start with an appointment with one of our Wealth Advisors. How you meet with the advisor — in person or virtual — is completely up to you. The initial appointment takes about 60 minutes, and you can schedule follow-up appointments when it works best for you.
Building an Investment Strategy
Once we familiarize ourselves with your financial goals, we begin to create a customized investment strategy. No shortcuts. Just smart financial planning. Reaching some goals may require more risk tolerance than others, as the manner in which you allocate your assets can impact your returns. We’ll discuss what makes the most sense for your situation and focus on recommending the investments that are right for you.
Making Adjustments
Financial Planning requires monitoring of market trends and tracking your progress to optimize along the way. It’s a continuous process, so regular meetings with your Wealth Advisor are encouraged. During these meetings, you and your Wealth Advisor will discuss what’s working vs. what could use improvement and course correct where needed.
As a not-for-profit credit union, we return our profit to those who bank with us in many ways—like better rates, lower fees and our Profit Payout1. This year we gave back a record-breaking $9 million to our members. See how your investment accounts with us could help you grow your share.
Securities and advisory services offered through Copper Financial Network, LLC (“CuFi”), Member FINRA/SIPC. CuFi is a SEC registered investment adviser. CuFi is a wholly-owned subsidiary of CommunityAmerica Credit Union. Wealth Management by CommunityAmerica is a marketing name used by CuFi. For important disclosures from CuFi, including our Form CRS, please visit here. Investment and insurance products, including annuities:
Are Not Deposits
Are Not NCUA or otherwise Federally Insured
Are Not Bank Guaranteed
May Lose Value
To learn more about Wealth Management by CommunityAmerica and its financial representatives, visit FINRA BrokerCheck.
Profit Payout. Dividend is discretionary and approved annually by CommunityAmerica’s Board of Directors. Amounts advertised are representative of actual dividends paid in 2022. Dividend is not guaranteed and may vary based on criteria established by CommunityAmerica Credit Union and the total amount allocated by the Board of Directors each year. Not everyone receives a dividend and member must be in good standing and meet other criteria on processing date to qualify. Dividends are reported to IRS and a 1099 form will be issued at year-end. Any applicable taxes are the responsibility of recipient.
High Interest Savings. First Tier: 3.92% – 4.00% APY from $1.00 – $1,500, if First Tier qualifications are met. Second Tier: 0.025% APY on $1,500.01 or more, and on balance if First Tier qualifications are not met. The account requires a $1 minimum opening deposit. The Annual Percentage Yield (APY) shown is effective as of 03/01/2021, unless otherwise noted. Rates are variable and may change without notice after the account is opened. Fees could reduce earnings on this account. Balances up to $1,500 will earn first tier APY when ‘Qualifications for cash back’. Each statement period that Qualifications are met after the account opened, the first tier APY will be applied to the next statement period. Due to compounding, interest earned may push balances into next rate tier, causing an APY change. Please see rate page for range. If Qualifications not met, the first tier APY will discontinue and will revert to the credit union’s base rate for Savings accounts until ‘Qualifications for cash back’ are reestablished. Balances of $1,500.01 or more will earn the credit union’s current applicable base rate for Savings accounts. Limit one High Interest Savings account per member. Business, IRA, and Minor accounts not eligible for this product. Qualifications for cash back: The membership account number tied to the High Interest Savings account must complete the following: Enrolled in eStatements; Monthly direct deposit of at least $250 posted to one deposit-suffix; 15 posted point-of-sale debit card transactions per month to a single checking-suffix; OR Enrolled in eStatements; 25 posted point-of-sale debit card transactions per month to a single checking-suffix. Transactions exclude refunds, credits, fees, pre-authorizations and ATM transactions.
