At CMFG Life Insurance Company, we regularly evaluate our products to ensure we are delivering value to the credit unions and members we serve. Due to a significant decline in demand from credit unions and their members, we have made the difficult decision to exit the Loan Protection (LP) and Life Savings (LS) product set currently offered to you through Heartland Area Federal Credit Union. LP and LS were developed more than 75 years ago and have been in a steady state of decline for the last several years. These products are structured as monthly policies where premium paid only covers the next month rather than building equity over time.
Per the terms of our contract, your group policy will expire on March 31, 2014.
Loan Protection: This insurance has been provided at no additional cost to you for loan(s) with Heartland Area Federal Credit Union. This coverage will cease on March 31, 2014.
As a possible replacement for your expiring Loan Protection coverage, we have MEMBER'S CHOICE® Credit Life Insurance, underwritten by CMFG Life Insurance Company. Credit Life Insurance is a member-pay insurance product that provides coverage on your loan(s) up to $30,000 in case of the member's death.
To make the transition to Credit Life Insurance, we have arranged for a 60 day open enrollment period for you to apply for Credit Life Insurance. This means from April 1, 2014 through May 30, 2014, you may complete a Credit Insurance Application for existing loans without providing proof of insurability (i.e. health questions are not required); provided all eligibility requirements are still met. Please call your credit union at 402-571-8444 for an application or to learn more about this product.
Life Savings: This life insurance has been provided at no additional cost to you for eligible share deposits up to a maximum of $3,000. Coverage on existing insurable deposits will end on May 1, 2014, the last day of the conversion period. All claims incurred on or before May 1, 2014 will be honored.
We know many members value the peace of mind and security that life insurance provides. That's why we wanted you to know you can convert your Life Savings coverage to a guaranteed issue Primary Protection Plan, underwritten by CMFG Life Insurance Company. This new policy would provide life insurance coverage up to $3,000. If you decide to take advantage of the conversion option, you must apply by May 1, 2014. You will be responsible for premium payments, and your new policy will be effective after you complete the application process. Your premiums will be based on your age at time of application.
Conversion is simple. Just request, complete, and return an application with your first premium payment directly to CMFG Life Insurance Company by May 1, 2014, in order to receive coverage. To request the application, call 855.728.5205 to speak with a fully licensed insurance representative. Our staff will review your situation with you and provide guidance to ensure you have the right type and amount of insurance protection for you and your family based on your current and future needs.
Please contact CMFG Life Insurance Company at 855.728.5205 with any questions.
Executive Vice President, Chief Products Officer
CUNA Mutual Group
IMPORTANT ATM CARD NOTICE
Walgreens ATMS are once again FREE to our Members!
Heartland FCU has now partnered with Cash Depot to continue offering free ATM service at ALL Nebraska Walgreens stores, not just Omaha and Lincoln.
Now's a great time to buy a new or used vehicle and finance it at Heartland Area FCU! The Board of Directors
recently approved a significant reduction in rates so you can save money when you finance with us.
There are no prepayment penalties and no application fees.
We have also lowered our personal loans with a rate as low as 8.00% APR*
*APR=Annual Percentage Rate
Interest rates are based on term, amount financed, and credit history. Apply in person, by phone or by completing a loan application online at www.heartlandfcu.org.
Subject to credit approval. If you currently have a loan balance, you must refinance with $1,000 in new money to receive
the lower rate for personal loans and refinance $2,000 in new money for your vehicle loan to receive the lower rate.
Your Current Vehicle Loan With Us
And Save Money
We want to help
you. For a limited time only, if you refinance your 2008 or newer vehicle from
another financial institution with us we will meet or beat your existing rate by
0.50% APR or more*
We will give you a $50.00 gas card at the time of loan closing. You can receive
up to 100% financing!
*With approved credit. Rate can vary
based on creditworthiness, age of vehicle and terms of the loan. Financing up to
retail value of the vehicle is available. Minimum APR will be no lower than
1.90% APR. Minimum of $5,000 new money. This offer is valid only for refinancing
vehicle loans currently held at another financial institution. Rates, terms and
conditions are subject to change without notice. APR - Annual Percentage Rate.
Credit Unions have teamed up with GM to offer members great discounts on new American-made vehicles.
While the discounts vary depending on which vehicle you choose, everyone will drive away with a great deal. The deal gets even better when you finance your vehicle with us.
Thanks to our lower interest rates, your savings will really add up. Click on the link above to take advantage of these great offers!
Statements Online statements are a great way to
eliminate paper clutter and have electronic access to your HAFCU
statements. An eStatement is an electronic copy of your statement that
includes the same information as your regular mailed statements. You will have
immediate access to your statement information rather than having to wait for
it in the mail.
Credit Union Deposits Are
Federally Insured To At Least $250,000
Every credit union in
Nebraska has federal deposit insurance just like the FDIC insurance;
deposits are insured to at least $250,000.
The federal insurance
safety-net at credit unions is provided by the National Credit Union
Administration (NCUA) - a U.S. government agency - and backed by the
full faith and credit of the United States.
No member has ever
lost a penny of federally insured deposits in a credit union.
Thank you for visiting Heartland Area Federal
Credit Union's Web Site. You will find a vast assortment of information about
our Credit Union.
We are a Community Charter Credit Union. Our
membership base is now anyone who lives, works, worships, or attends school in
Douglas or Washington County, NE. If you are within
our field of membership, you will be able to apply for membership by clicking on the Membership link on the menu bar. Then fill
out the application and submit to us.
If you are currently a member, you can apply for a loan on line by clicking on Loan App. on the menu bar. Loan applications are