1st Quarter Newsletter 2019
AReview Us On Google
Capitol View is proud to serve exclusively state employees and their families. That exclusivity gives us many advantages over large community institutions. We want to hear what you love most about Capitol View!
We are asking our members to Google "Capitol View Credit Union" and write a review.This January through February, everyone who writes a review on our Google business page will be entered for a chance to win one of ten $25 Visa gift cards! No matter how well you rate us, you'll be entered in our gift card drawing.

Write a review for a chance to win
one of ten $25 Visa gift cards!
BOver 5,000 Locations Nationwide
Personalized service is a major benefit of banking at Capitol View Credit Union, and you don't have to sacrifice convenience to get it. Take advantage of Capitol View's shared branching services through the CO-OP Shared Branch network, and you can access your account at any of 5,000 credit union branches nationwide, often just as if you were visiting our own branch.

The CO-OP Shared Branch network links participating credit unions electronically, allowing credit union members to do "branch banking" even when the branch near you doesn't belong to Capitol View. This is a huge benefit to Capitol View members who travel, whose workplaces don't coincide with our branch location, or who simply enjoy the convenience of expanded access.  Wherever you are across the country, chances are good there's a shared branch near you.

Shared branching is yet another example of credit union membership offering the best of both worlds-individualized attention and nationwide availability.  The cooperative spirit of credit unions allows them to work with each other in ways that competing banks typically do not.  Visit www.co-opsharedbranch.org to find branches nearest you.  You can also look for the "CO-OP Shared Branch" logo at participating credit union branch locations.  

At CO-OP Shared Branch locations you can:
  • Make deposits and withdrawals
  • Make loan payments
  • Receive loan advances
  • Access VISA® or MasterCard® funds
  • And much more

Many shared branches also offer transfers, statement histories, money orders, traveler's checks and notary services.  Since services vary from one location to another, check with individual branches before your visit for a complete menu of available services.


Mobile App Available

Search for locations on-the-go with the
CoOp ATM Shared Branch Locator app.
AnnualMeetingAnnual Meeting
April 9, 2019 - Fred Maytag II Scout Center
The Capitol View Credit Union annual meeting will be held on Tuesday, April 9, 2019 at the Fred Maytag II Scout Center located at 6123 Scout Trail,
Des Moines, IA. Doors will open at 5pm to get checked in and vote. Free pizza and drink will be available so no tickets are necessary. The business meeting will start at 6pm, followed by drawings for cash prizes.

If you are unable to attend the annual meeting, absentee ballots will be available beginning the week of February 11, 2019. Contact the credit union office for an absentee ballot for this year's board member elections.

This year's event is FREE!
Help us celebrate 75 years of service.
Every year Capitol View Credit Union holds elections for our board of directors. This year there will be three seats elected which will each serve three year terms. The election will be held at the annual meeting on Tuesday, April 9, 2019 at the Fred Maytag II Scout Center.

As of Dec 24, 2018, members running for the board include:
Mary Bryant*
Tara Ganpat-Puffett*
Lisa Kolontar
Penny Maxwell*
Alison Radl
and Sherry Van Vugt
(*denotes incumbent)

While the nominating committee is no longer accepting nominations, they will be accepted by petition to the Board Secretary, Randal Anderson, until January 25, 2019. There will be no nominations from the floor at the annual meeting.

Beginning the week of February 11, 2019, members may request an absentee ballot if they cannot attend the meeting and vote in person. You may email [email protected], visit our office in person, or call us at 515-348-8350 to request an absentee ballot. All absentee ballots must be received by the election committee not later than March 29, 2019 in order to be considered valid.

Please take the opportunity to have a say in your credit union's leadership by considering becoming a candidate. If you have any questions regarding the board member election please email Brent at [email protected].
Contact information for the board secretary will be available soon through the office or our website.

ESpring Break Travel Tips

With spring break travels on the horizon for many Iowans, here are some valuable tips to safeguard your money while you are away from home.
  • Notify Capitol View of your travel plans. It is always recommended that you notify Capitol View of any upcoming travel plans. Capitol View protects our cardholders with fraud monitoring tools. Those systems are likely to consider your travel suspicious unless otherwise notified. Please notify Capitol View of your travel plans at least one week prior to your travel.
  • Lighten your wallet. While traveling, you might be tempted to over-pack. However, it is important that you trim down your wallet to only the essentials for trips. This would include cash, a credit card, your debit card, and your ID. Remove any card that includes your social security number. For health insurance cards, the Identity Theft Resource Center, a nonprofit organization focused on identity theft prevention, suggests making a copy of the card and removing the last four digits of your Social Security number. Bring the photocopy with you on your trip and leave the original card at home.
  • Use credit cards for major purchases. Credit cards are more practical for travel purchases. They do not tie up money in your checking account with authorizations and, in the event it is lost or stolen, unauthorized transactions are easily disputed.
  • Pack a backup credit card. It is a good idea to have a least one backup credit card. It can be useful in the event your primary card is lost, stolen, or even if you experience problems during purchase authorizations. Your spare card should be kept separate from your wallet for safe keeping.
  • Protect your cash. Like your backup credit card, you should have an emergency set of cash that you keep separate from your wallet. Avoid keeping large amounts of cash in your wallet and use your credit card for large purchases.
  • Beware of fake ATMs. Thieves have been known to place fake ATMs in high traffic tourist areas in order to obtain card data. Be sure to only use ATMs located in banks, airports, or hotels. You can also search worldwide atm locations on Visa and MasterCard's websites.
  • Use hotel safes. Do not treat your hotel room like it's your private home. Even in very reputable hotels there are many staff that may have access to your room. Keep valuable items with you or locked in a room safe.
There is plenty of room for stress while traveling, but you can minimize your financial stress by keeping these tips in mind. If you have upcoming travel plans, be safe and enjoy your trip!

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Source: Lazarony, Lucy. "15 Ways to Protect Your Money on Vacation." Bankrate, Bankrate.com, 23 July 2018, www.bankrate.com/finance/personal-finance/15-ways-to-protect-your-money-on-vacation-1.aspx.

StaffColumnQuarterly Staff Column 
"Saving For The Holidays With Every Paycheck"
For many people, adding up holiday expenses each year can result in a daunting number. After you consider things like decorations, events, and gifts, many times the totals end up in the hundreds, even thousands of dollars. However, when you break it down throughout the year, it becomes far more manageable.

According to many financial planners, families are recommended to spend no more than 1.5% of their annual household income on the winter holidays. For example, a family making $50,000/yr should spend no more than $750 on the holidays.

To calculate your recommended holiday budget, complete the following equation:
$(Annual Household Income)
x  0.015
=  $(Recommended Max Budget)

Once you have determined your recommended max budget you can calculate how much to save each paycheck in order to reach that goal. Simply divide your max budget by the annual number of paychecks you have (if you are paid biweekly this would be 26 - if you are paid semi-monthly this would be 24). For a family making $50,000/yr paid biweekly, they would need to save $28.85/paycheck.

Keep in mind that this calculation is based on a full 12 months of saving. If you start saving in January 2019, you'll meet your goal by January 2020.

To calculate your savings per paycheck, complete the following equation:
$(Recommended Max Budget)
÷  (Annual Number of Paychecks)
=  $(Savings per Paycheck)

Be sure to consider your other monthly expenses when determining this total. Once you have determined what to save, you can easily setup an additional savings account, automatic transfers, or payroll deduction with Capitol View. Then, sit back and let the saving begin!

Contact Capitol View to setup an additional savings account, automatic transfers, payroll deduction, or if you need help figuring your numbers. This is yet another way you can simplify your life and save money with Capitol View!

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Source: "Your Holiday Budget". Practicalmoneyskills.com. N.p., 2016. Web. 9 Sept. 2016.
SecurityTipQuarterly Security Tip - Passwords
Here are some quick tips to consider the next time you're asked to change your password:
  • Avoid consecutive keyboard combinations- such as qwerty or asdfg. Don't use dictionary words, slang terms, common misspellings, or words spelled backward.
  • Avoid family names that may be deduced with little research.
  • Although it may seem complicated, it's encouraged to avoid reusing passwords across various sites or documents.
  • Change your passwords regularly.
Capitol View Credit Union