2018 articles

Don't forget to activate your new debit card (August 20, 2018) Expand/Collapse

All Noventis members will be receiving fresh new debit cards in the mail beginning in June. To activate this new replacement card, a transaction using your existing PIN number is required. 

If you received your new debit card before August 1st, you can activate it simply by making a transaction with it.

If you received your new debit card after August 1st, you will receive your PIN number in a separate letter - or you can go to your local branch to activate it.

Noventis Now upgrade (August 15, 2018) Expand/Collapse

Noventis Now is being upgraded to Version 13 (v13) of the mobile banking app.

And, a 30-day countdown has begun for iOS and Android users to complete the upgrade process.

What does this mean for our members?

All of our member who use the Noventis Now app will be asked to upgrage to version 13. After 30 days, any members who have not upgraded will no longer be able to log in. But, never fear! Those users will receive another pop-up notification requiring them to upgrade so they can continue using their mobile banking app.

Depending on the device and user settings:

  • Members can automatically upgrade to v13 if their device settings are set to automatically install updates.
  • Members can manually upgrade through the (iOS) App Store or (Android) Google Play app by either; searching for their mobile banking app or viewing pending updates and selecting their mobile banking app to upgrade.

**Note: Members who do not update the app will still be able to perform their daily banking through online banking, mobile web and text banking.

PFM is here! (July 17, 2018) Expand/Collapse

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. 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 you can make decisions which are right for you tomorrow.



Still have questions?  Check out our list of frequently asked questions here.

How are mortgage rates set? (June 27, 2018) Expand/Collapse

After years at or near historic lows, interest rates have started to rise over the past year. That’s great news if you’re a saver, but what does that mean for mortgage rates?

If you’re in the market for a mortgage or considering renewing your mortgage, you may be interested to know how the Bank of Canada rate affects mortgage rates.

While lending rates may sometimes coincide with central bank rates, the reality is that most mortgage rates — particularly locked-in longer-term ones — are dictated primarily by rates in the bond markets, not the central banks’ rates as many people believe.

Mortgage rates often drop or increase without movement at the central banks. In fact, mortgage rates often lead the way, up or down, for the central bank rates. In that sense, mortgage rates provide a more sensitive indicator of where interest rates are headed generally. Bond rates also generally dictate longer-term GIC rates.

To ensure that we offer the best value to members on both sides of equation, we do our best to offer competitive GIC rates and charge competitive mortgage rates. The spread, or difference between the two rates, is used to recover operating expenses.

Mobile banking update (Jun 6, 2018) Expand/Collapse

Does your online banking seem a little different? Here's why...

As part of an ongoing effort to ensure the security of our member’s financial information, an update has been applied to our mobile banking platform.

With this update, members will not have to answer a security question every time they login to their mobile banking.  Now, this may sound like it is less secure, but in actuality this update does make our members’ accounts and information more secure.

You see, our system is programmed to ‘learn’ about members’ behaviours and react to things it finds out of the ordinary.  For example, if a member tends to do the bulk of their banking from their mobile device during the work day – and suddenly there is an attempted login from a desktop at 2am, this feature will automatically ask for a security question, and will bookmark this login in case it does happen to be fraudulent in nature.

Our members will not notice much of a difference in their use of mobile banking. 

Noventis Now update (May 29, 2018) Expand/Collapse

You may have noticed that you were asked to update Noventis Now recently.  And, you may be asking; “What was that update all about?”

We anticipated that!  So, these are the things we think you should know about:

Sorry, Android users.  The first two options are not yet available for your operating systems.

1)  For those of our members with iOS devices like iphones or ipads, you will now be able to use your fingerprint to login to Noventis Now.  This is how to set it up after you have installed the update:

  • Log in to Noventis Now (you will need to do this via the ‘remember me’ setting)
  • Click on ‘settings’
  • Click on ‘touch ID’
  • Accept the terms and conditions
  • Enable touch ID

2)  Additionally, users with iOS 9 in particular will be able to have quick access to certain app features. Simply by tapping the Noventis Now icon, the following options will pop up: Deposit, Pay Bills and Transfers.

3)  All users will now be able to search for particular transactions by using an amount range, a specific amount or a date range.

4)  All users with tablets (with screen sizes larger than 7 inches) will now be able to use Noventis Now in portrait or landscape mode.

2018 Valeyo learning grants (May 1, 2018) Expand/Collapse

Are you heading into your first or second year of post-secondary education?

The Valeyo Learning Grant program provides up to 12 grants in the amount of $1,000 each to eligible students for full-time study at a qualifying Canadian college or university in 2018.
Any student who is a member of a participating Credit Union is eligible to apply. Students must be entering their first or second year of full-time undergraduate study in 2018.

For more information, and to apply, click here.

2018 Board of Directors candidate bios (April 25, 2018) Expand/Collapse

Donna Roed

Donna Roed

Donna has been a member of Noventis (Gimli) Credit Union for over 10 years.  She and her husband have always considered the Interlake to be an integral part of their lives and have actively participated in community groups, including the Gimli Yacht club.

Donna has a diverse education which includes training in insurance, market research and board governance - as well as a Master’s in Business Administration.  This is further complimented by many years of experience in the public and private business sectors, including positions in administration, bookkeeping and management. 

Over the years, Donna has also held various board positions with six separate entities, and currently holds the position of treasurer for the Interlake Women’s Resource Centre.





Bragi Simundsson

Bragi Simundson

Bragi has been a Credit Union member for 46 years, and has served as a Credit Union Director for 37 of those years. Bragi is an accredited credit union director and has served on a variety of Noventis’ board committees. Bragi currently holds the positions of vice-chair of the compensation committee, chair of Noventis Financial Ltd as well as President of Interlake Agencies Ltd.

Bragi’s goals are to provide to the members the significant benefits of the co-operative movement, and to support the credit union in achieving their mission and vision. Bragi has had various involvement in local, regional and provincial boards.

Bragi and Heather, along with their two adult children, operate a mixed farming operation in the Arborg area.




Nolan Sigvaldason

Nolan Sigvaldason

Nolan is a lifelong member of Noventis Credit union. He has served on the board since 2013, and currently holds a position on the governance committee. In the past, Nolan has served on the audit and compensation committees as well. He believes in holding the executive team accountable, and ensuring the credit union does only what is best for its members.

With increasing government regulations for financial institutions, Nolan feels it is important to make sure that Noventis has a younger director presence. This is integral to knowledge transfer over the years to come, as someone will need to ‘pass the torch’ on to the next generations of directors.

Nolan is currently a Roadway Construction Technician with Manitoba Infrastructure. Additionally, Nolan owns and operates Region Fine Art, an online art gallery and auction house.

Born and raised in Arborg, Nolan - along with his wife Melody and 2 daughters – currently lives in Fraserwood. Nolan is a strong supporter of the community, local business, agriculture, education and recreation.  His knowledge, ideas and ambitions will help Noventis Credit Union’s success and growth continue.




Betty Stabner

Beatrice (Betty) Stabner

Betty has been a Credit Union member since 1975.  She believes in community and displays her dedication by volunteering her time and efforts to many community groups, including (but not limited to) The Interlake Adult Learning Association, Living Independence for Elders, and Highway #6 Palliative Care.

Betty has a variety of training in administration,  the social sciences and health & safety. She has experience in both the private and public sectors, and brings with her extensive experience on other boards; she currently holds a position on the Lundar Community Resource Council.

Betty and her husband have been married for 42 years; they have two married sons and three grandchildren.

2018 Director election results (April 20, 2018) Expand/Collapse

The three successful candidates are:

Donna Roed

Nolan Sigvaldason

Bragi Simundsson


Please be sure to join us for the AGM on Tuesday, April 24th at 7:00pm in Eriksdale.

2018 election FAQs (April 13, 2018) Expand/Collapse

So, here are some of those anticipated questions and their answers:


1.  When are the director elections this year?

The polls will be open from April 11th - 18th, 2018.


2.  How can I cast my ballot?

All voting will be conducted electronically this year by e-vote. You can access the voting site via a link on our website, using any personal device; or, you can visit any of our 11 branches to vote.


3.  Who is running in the election?

We have three positions available this year, and four candidates in the running. Full bios and photos are available here.


4.  What is the criteria to vote?

Voters must:

  • be a member of Noventis Credit Union
  • hold an account with a $5 membership share
  • be 18 years of age or older
  • (for corporations) be designated by the corporation to vote on its behalf via the certified copy of the resolution of directors. This form must be completed and submitted to your local branch. Please allow one business day from submitting the form to vote.


5.  How do I login to vote?

Once you reach the site, you will be asked to enter your account number and your date of birth. This will register you as a voter.


6.  I have multiple personal account numbers, which one do I use?

You can use any of your account numbers to log in.


7.  How many times can I vote if…

a.  I have a personal account and a joint account?

You will receive one ballot

b.  I have a personal account and a business account?

That depends. If you are the sole proprietor or a part of a partnership, you get one ballot.

If your business in incorporated, you are required to provide a certified copy of the resolution of directors, which designates who can vote in the name of that corporation.

In other words, you would get one ballot for your personal account, and if you are the designate for the corporation, you will get one ballot for that corporation. Please click here for a copy of this form.


8.  What if my spouse and I only have a joint account? Do we each get a ballot?

No. You will have the opportunity to vote for up to three candidates between the two of you on one ballot.


9.  What if I am not going to be in town during the election?

That’s no problem. Because all of the voting is done online this year, it can be done from anywhere.


10.  I am not going to have access to a computer. Can I use a proxy vote?

No. Our bylaws state members cannot appoint a proxy voter.


11.  I am a member, but I am under 18. Can I vote?

No. You need to be 18 to vote.


12.  What if I open my account just before or during the election? Do I still get a vote?

Yes. But we will require one business day to add you to the voting list.


13.  I am related to one of the candidates. May I still vote for them?

Yes.


14.  Who should I vote for?

We cannot steer members’ votes. We can, however, provide members with the resources they need to make an informed decision. Please visit noventis.ca to read the candidate profiles.

Voting is now open (April 13, 2018) Expand/Collapse

So, be sure to cast your ballot!

Voting for the Noventis Board of Directors is open as of today, and all you have to do is click here to cast your votes.


If you want to learn more about the nominees, click here.

If you have questions, click here.

Voting is only open until next Wednesday, April 18th, so makes sure to get informed and vote before then.

Everything you need to know about our upcoming AGM. (March 29, 2018) Expand/Collapse

The Noventis Annual General Meeting is fast approaching, and we'd like to see you there. So, here is what you need to know:


Where is it?  This year's meeting will take place at the Eriksdale Recreation Centre, located at 2 1st Avenue.  For directions, click here.

When is it?  April 24, 2018 at 7:00pm.

How long is it?  The length of these meetings can vary, but generally they run about 90 minutes.

Why should I go?  This is your chance to have your say on how your business is doing. After all, you are an owner!

If I can't make it, will I be able to get the information which is presented?  Yes. The financial statements and Report to the Community will be available at noventis.ca within 2 days of the AGM.

A better online banking experience is coming.... (March 16, 2018) Expand/Collapse

We will soon be adding some exciting enhanced features to our online banking to help you better understand your money. These features, displayed in easy-to-understand graphs and charts, will allow you to categorize your transactions, create budgets and see more of your financial picture. And, it will all happen within the safety and security of the online banking environment you’ve come to know and trust.
 

With this new feature you will be able to:

  • Add the value of your assets and liabilities to your transactions with us to see more of your financial picture
  • See your spending automatically categorized and displayed in graphs and charts which will make it easy to see where your money goes each month
  • Personalize budgets to help you manage your money better
  • View your spending and budgets from your mobile device

These exciting features are coming to online banking on March 20th, 2018. We’ll be sure to let you know when they’re here.

Call for nominations for the Noventis board of directors (February 22, 2018) Expand/Collapse

As of today, February 12th, 2018, we are accepting nominations for our board of directors.

If you have been contemplating getting more involved in your community - this may be just the thing you are looking for.  

Our board is responsible for overseeing the way in which Noventis operates and also has a big hand in deciding which projects we provide funding for throughout our 11 communities.

So, a position on the Noventis board is like a position for the betterment of our hometowns, our neighbours and our businesses all over the southwestern and interlake parts of our province.

Contact Centre early closure Contact Centre early closure (January 20, 2018) Expand/Collapse

We are asking all of our members to be prepared, as our Contact Centre and iTMs will be closing at 4pm this coming Saturday, January 20th. 

The Contact Centre and iTMs will both re-open at their usual time at 7am on Monday, January 22nd.
 

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