CMHC mortgage insurance helps borrowers get a mortgage for up to 95% of the purchase price of a home. It also ensures you get a reasonable interest rate, even with your smaller down payment.

Mortgage loan insurance helps stabilize the housing market, too. During economic slumps when down payments may be harder to save, it ensures the availability of mortgage funding.

Market analysis and researchWe provide evidence-based analysis and insight to support decision-making on housing matters. CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers objective

housing research and information to Canadian governments, consumers and the housing industry.

SecuritizationWe help ensure that lenders have access to enough funds for mortgage lending. CMHC’s mortgage loan insurance and securitization guarantee programs operate on a commercial basis without funding from the Government. As a result of these activities, in 2017 we generated net income of $1.8 billion. In 2017, we also declared dividends totalling $4.7 billion to our shareholder, the Government of Canada. An additional dividend of $1 billion was approved by CMHC’s Board of Directors on March 22, 2018.

Surprised to discover how much we do and want to know more? For more information visit us online at www.cmhc.ca or follow us on Twitter, YouTube, LinkedIn and Facebook.

At CMHC, we’re driven by our belief that everyone in Canada should have a roof over their head, and that a world-leading housing system can be the cornerstone of a thriving and inclusive society.

We work with community organizations, the private sector, non-profit agencies and all levels of government to contribute to the stability of the financial system, facilitate access for Canadians in need of housing, and offer objective housing research and advice to governments, individuals and the housing industry.

“Canadians deserve a national housing agency to admire and be proud of — the high-performing organization CMHC aims to be. This is our goal — to be the heart of a world-leading housing system,” said Evan Siddall, President and CEO.

Canada’s first-ever National Housing Strategy We are proud of our role in bringing to life the National Housing Strategy (NHS), a 10-year, $40-billion plan that will fuel our economy, strengthen the middle class and give more Canadians across the country a place to call home.

A real impact across the entire housing system Assisted housingWe help Canadians in need gain access to suitable housing they can afford. CMHC supports the government’s efforts to close the gap between the living conditions of Indigenous Peoples and non-Indigenous peoples, to facilitate self-determination, and advance the recognition of rights.

Mortgage insuranceWe provide insurance and client service to protect borrowers, lenders and diversity in housing options.

The Police Credit Union’s Class B Investment Shares, Series 1 is now CLOSED. The Shares were only available for a limited time, from May 1, 2018 to September 30, 2018.

CONGRATULATIONS to all of our members who have taken advantage of this rare investment opportunity! Membership interest has exceeded expectations with more than $4.3 million in Share subscriptions achieved by the end of September.

The Board of Directors, Management and Staff would like to thank our members for their interest in this opportunity and for making it a successful campaign. Although the series is now closed we encourage any members who did not take advantage of the offer when it was available to talk to us about how this great investment works, so you are able to take advantage of future opportunities with the Credit Union.

The Class B Investment Shares, Series 1* provides members with a higher yield on their investment, earning a premium rate of return that is targeted to outperform traditional term deposits or GICs. The Shares also provide the Credit Union with additional Regulatory Capital for future growth by providing an important funding source to invest in innovative technologies and expand services to our membership.

*Shares will have a par value of $1.00 and a minimum purchase of 5,000 shares is required to a maximum of 150,000. For more information visit tpcu.on.ca.

Online Banking Changes2

Scholarship Winners 2

Drive a Better Deal3

Join Our Board3

Risk Tolerance4

Staff Notes4

PASS IT ONNEWS & MORE FROM YOUR CREDIT UNION

Taking care of our own

Fall 2018

CLASS B

INVESTMENT

SHARESSERIES 1

EARN

4.5%*

*Terms and conditions apply.

LIMITEDTIME

ONLY!

CMHC Helps Canadians Meet their Housing Needs

Take everything you know about yourself financially and put it where you can see it all at once. What do you have? A bigger picture. Our smart new online banking features let you see and understand your money like never before. Spending and budgeting tools show you how you spend, save and live today so that you can make decisions that are right for you tomorrow.

Get the Bigger Picture Get your complete financial picture in one place. Start with your transactions with us, add to that transactions from all your other financial accounts like credit cards, investments, mortgages –even loans from mom and dad – and see them in the same place. That’s your big picture. Best of all, it’s free and built into online banking.

See Your Spending It’s easier to plan when you can see a snapshot of how and where you spend your money. All your transactions are automatically categorized and displayed in easy to understand charts and graphs, updated daily. Assign and re-assign transactions to different categories. Personalize your categories so they make sense to you. It’s easy to do.

Better Budgeting Budgets help you manage your money better, especially when they reflect your actual spending. A default budget has already been set up. But personalizing it is easy. It could be restaurants, for example $250/month or coffee $50/month.

Safe & Secure Best of all, your transactions remain in the safety and security of online banking, from the financial institution you already know and trust. Continue to enjoy peace of mind.

Go Mobile Make in-the-moment financial decisions by tracking your spending and budgets from your smartphone or tablet. It’s the information you need to make the right decision every time.

It’s time to take charge of your money. Visit tpcu.on.ca to see how your online banking experience has changed for the better.

This year, the Police Credit Union awarded five aspiring academics with a $1,000 scholarship to use towards their postsecondary expenses.

After successfully submitting a 1000-word essay that details their academic achievements, community involvement, leadership qualities and chosen field of study, the winning essays were selected by our panel of judges.

Scholarship recipients Dylan Kryskow, Matthew Olsen, Latavia Kerr, Quentin Quibell and Devin Connolly were joined by family and friends in their local branch for the presentation of their awards by our board of directors and CEO.

Every year the Police Credit Union renews its commitment to highlighting the importance of higher education with these scholarships. It is our mission as a community credit union to make it a little easier for our student members to achieve their academic goals.

If you would like to be considered for our next group of scholarships or know someone who would be an ideal candidate, go to tpcu.on.ca and click on Scholarship Program under the In Our Community section. Then submit an application along with 1000-word essay before June 12, 2019 to be considered.

2018 PCU SCHOLARSHIP WINNERS WE’VE CHANGED ONLINE BANKING.

BIGGER PICTURE. SMARTER FEATURES. BETTER LIVING.

You know that being a member of the Police Credit Union has its rewards – that’s why you chose to bank with us in the first place. We take care of our own and that means putting our members first. As a part of our cooperative banking family you can be confident that you’re always getting our best.

When you’re in on a good thing, doesn’t it make sense to tell your friends and family about it so they can benefit too? Of course it does. But just in case you needed a little extra incentive, we’re going to reward you for every new member you refer to the Police Credit Union. That’s right! For every referral you send our way that results in a new membership* being opened, you’ll receive a $50 gift card to redeem for gas or groceries.

Membership is open to all uniform and civilian employees in the police services community and their family members. So go ahead and tell your colleagues, your friends and your family members to start reaping the rewards of a membership with the Police Credit Union.

Making a referral is easy – just phone 1-800-561-2557 or visit your branch or talk to your Member Service Officer today.

TPCU MEMBER REFERRALS

Spread the Word and EARN $50!

>>>>>>>>>>PICTURES FROM TOP TO BOTTOM: Anna Gomes (Durham Branch Manager), Latavia Kerr; Devin Connolly (L), Quentin Quibbell (R); Matthew Olsen

HAVE YOU HAD YOUR

FREE ANNUAL FINANCIAL CHECKUP?

Ask us about it today!

Make the credit union your first stop if you’re in the market for a new or nearly new vehicle. You’ll benefit from preferred member rates with discounts up to 2.5% off our most competitive rates! We can provide financing up to 100% with terms up to 10 years and easy payment options that can be synced with your pay cycle.

We can even get the wheels turning before you even step foot in a dealership. Our resident car buying service powered by CAR CHOICE CANADA can help with everything from preapprovals to negotiating trade-ins to finding the perfect vehicle for you through our dealer connections.

Talk to us today about your goals and let us help you get on the road for less. We can even help you steer your way to bigger savings on a loan you already have. Call 1.800.561.2557 or visit us in branch today!

Join us on Thursday, October 18th to celebrate International Credit Union Day. Throughout our credit union community, you can stop in to your local branch for complimentary coffee and cake. There may also be an opportunity to win prizes.

International Credit Union Day is recognized across the globe and is a great way for us to show our members how much we appreciate their loyalty and contribution to the growth of the cooperative banking movement.

If you have a positive banking experience you want others to know about, why not share it on social media using the hashtag #icuday

Drive A Better Deal WITH YOUR CREDIT UNION

We are a cooperative credit union. Owned by our members, who all have an equal share and an equal voice in how our credit union is run. We are governed by an elected board of directors, who are members just like you, who believe in the power of cooperative banking.

As a member of the Police Credit Union you are already qualified. You share the same vision of financial success and security as your fellow members. With a seat on our board you will now be in a position to ensure this vision is upheld.

If you want to elevate your voice and become a part of our future, we encourage you to apply today for a seat on our board of directors.

Candidate applications will be accepted up to 90 days before the Annual General Meeting, which will be held on Monday, April 29, 2019 and can be delivered to any branch or the address below no later than 5:00 p.m. on Tuesday, January 29, 2019.

Chair – Board of Directors The Police Credit Union 222-105 Gordon Baker Road Toronto, Ontario M2H 3P8

Go to tpcu.on.ca and click on “About Us/Who We Are/Board of Directors” to download our complete Director’s Guide and application package.

Avoid missing out on important news and updates from your Credit Union. If you’ve moved or are planning a move to a new home, simply give us a call or go to your online banking, click on Profile & Preferences > Change Contact Information to ensure you remain in the loop.

Moving house comes with a long list of to-do’s, but ensuring your notify the right people of your change of address should be near the top of list. Don’t forget to contact other lenders, insurance providers, utility companies, physicians and the government.

>>>>>>>>>>

>>>>>>>>>>ATTENTION GLOBAL PAYMENT MASTERCARD CARD HOLDERSGlobal Payment MasterCard holders can continue to use their cards until May 2019. As we have already launched our new credit card program, we encourage members to check out the new suite of MasterCard products and to contact our Call Centre at 1.800.561.2557 to switch to our new provider before May 2019.

Why Should YOU Join Our Board?

TORONTO103 – 105 Gordon Baker RoadToronto, Ontario M2H 3P8 TORONTO COLLEGE101 – 40 College StreetToronto, Ontario M5G 2J3

HALTON2 – 4671 Palladium WayBurlington, Ontario L7M 0W9

DURHAM101B – 3000 Garden StreetWhitby, ON L1R 2G6

PEEL1 – 7725 Kennedy Road SouthBrampton, ON L6W 0B9

YORK7 – 18025 Yonge StreetNewmarket, ON L3Y 8C9 tpcu.on.ca

CORPORATE OFFICE222 – 105 Gordon Baker RoadToronto, Ontario M2H 3P8

general inquiries 416.226.3353toll-free 1.800.561.2557phone banking toll-free 1.888.434.3511

Explore Your Risk ToleranceEverybody talks about risk and “risk tolerance.” But how can they be quantified? And how can we determine your individual tolerance for risk?

What It IsTo put it simply, risk tolerance is the amount of risk you’re willing to accept when investing. For many investors, risk and risk tolerance are focused on the possibility of losing money.

How It WorksPeriodically, we’ll review with you a series of questions to help you explore your individual risk tolerance. A key factor in dealing with risk is time horizon. Long-term investing tends to be less risky because, over time, the general direction of most asset classes is up.

At times, it’s simply prudent to re-evaluate risk tolerance to reach our financial goals. For example, focusing too much on the potential for loss can introduce other investment risks, such as inflation risk, or leave you sitting on the sidelines at times of superior market performance.

With long-term objectives in place, the short-term ups and downs of financial markets don’t matter as much. They’re often described as “speed bumps” on the road to long-term investment success. Keeping that in mind can help ease your risk concerns.

Why It MattersYour risk tolerance affects how receptive you are to decisions involving risk. That’s important to your investment life, because as potential returns rise, so does risk.

We can help you explore your personal risk tolerance through a series of questions designed to help determine the risks you’re comfortable with. We can also cultivate a feel for your tolerance as we develop your investment strategy and portfolio.

We’ll pay close attention to how you react to different types of investments and to events such as financial market volatility.

Mutual funds are offered through Credential Asset Management Inc. The information contained in this newsletter is provided as a general source of information and should not be considered personal tax advice, investment advice or solicitation to buy or sell any mutual funds.® Credential is a registered mark owned by Aviso Wealth Inc. and is used under license.

NOVEMBERRemembrance Day Monday, November 12

ALL BRANCHES & CALL CENTRE CLOSED

HOLIDAY HOURSDECEMBERChristmas & Boxing Day Monday, December 25

Tuesday, December 26

ALL BRANCHES & CALL CENTRE CLOSED

JANUARYNew Year’s DayTuesday, January 1

ALL BRANCHES & CALL CENTRE CLOSED

Staff NotesNEW STAFF MEMBERSPlease help us welcome the following individuals to the Police Credit Union team:

Erika Richards, Call Centre RepresentativeYing Ye, Member Service Representative, Toronto Branch

RETIREMENT ANNOUNCEMENTSBernice Muradali, Senior Member Services Representative – December 31, 2018

Bernice began her career on August 28, 1989 as the PCA Clerk for the Metro Toronto Police Credit Union at our Toronto Branch located at 4685 Yonge Street.

In 1995, Bernice took on the role of Payroll Services Clerk. She was promoted in 1996 to Operations Supervisor at our Toronto Branch where she remains today in her current position of Senior Member Service Representative.

Over her almost thirty years with the Police Credit Union, Bernice has developed long-lasting relationships with both our members and staff. She has always been an integral part of the Police Credit Union team and her dedication is to be admired.

Bernice, as you continue to contribute to daily operations of the Toronto Branch throughout 2018, do so knowing that we wish you health and happiness in the many years ahead.

Judy Riley, Call Centre Representative – December 21, 2018

Judy began with us as a Teller under the supervision of Bernice Muradali in September 2000. On June 18, 2001, Judy was promoted to the full-time position of Call Centre Representative in our newly formed Centre under our then Call Centre Supervisor Karen Caume.

Since then, she has continued to assist our members with their many inquiries over the telephone and is always there to lend a helping hand to her colleagues.

Judy’s dedication and gentle ways has been an asset to our organization these past eighteen years and she will be dearly missed. We wish her all the best in her retirement.

Please join us in congratulating Judy and Bernice on their new chapter.

What does mean to you?Risk

OCTOBERThanksgivingMonday, October 8

ALL BRANCHES & CALL CENTRE CLOSED