FALL 2019inA QUARTERLY PUBLICATION FOR MEMBERS OF SPIRE CREDIT UNION

SAVE | SPEND | BORROW | BUSINESS | PLAN FEDERALLY INSURED BY NCUA

Kirk Cousins

Energy Services Federal Credit Union Merges with SPIRE

A partnership/merger between SPIRE and Energy Services Federal Credit Union (ESFCU) became effective July 1, 2019 after a 90% affirmative vote from ESFCU members.

Founded in 1933, ESFCU was a federally-chartered credit union with 1,400 members and over $10 million in assets primarily serving Xcel Energy employees, their family members, and contractors of Xcel Energy.

Located in St. Cloud, former ESFCU members will enjoy access to all of SPIRE’s 18 other locations, products, and services upon system conversion in mid-October.

Are you ready for some football? We are! SPIRE is proud to announce a multi-year partnership with Minnesota quarterback Kirk Cousins.

Upon Cousins and SPIRE President/CEO Dan Stoltz meeting, it was clear that Kirk and SPIRE share the same values of giving back and improving lives. Known for being a positive role model in the football community, Cousins believes he and his family have a responsibility to be generous in impacting the world around us.

Cousins said, “I am so excited to be able to partner with a brand like SPIRE, which is committed to helping people in the community live their best lives.”

“Through his actions both on and off the field, Kirk leads with compassion and genuine authenticity,” said Stoltz. “We look forward to doing great things for the Minnesota community in partnership with Kirk.”

SPIRE will also be supporting the Julie & Kirk Cousins Foundation. Over Father’s Day weekend, SPIRE was the title sponsor of the first Kirk Cousins Football Camp to take place in Minnesota, at the University of St. Thomas. During

the camp, young athletes not only participated in drills and had fun, they also learned about character and doing the right thing. Cousins has hosted his camp in Michigan for the last six years.

Cousins played for Michigan State before being drafted by the Washington Redskins in 2012. He signed a three- year contract with the Minnesota Vikings in 2018. Look for Cousins to appear in SPIRE television commercials and other advertising.

CELEBRAT ING 85 YEARS

DRIVENBY MIDWESTERN

VALUES

NEW Blaine Branch...Coming in 2020SPIRE is building a new branch—right across the street from the current location!

To accommodate our expanding membership, the new branch will be larger to better serve you. The footprint

will be similar to SPIRE’s locations in Vadnais Heights and Woodbury.

Blaine Branch8700 University Ave NW • Blaine, MN 55448Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Coon Rapids Branch3380 Northdale Boulevard NW Coon Rapids, MN 55448Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Eagan Branch1251 Town Centre Drive • Eagan, MN 55123Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Eden Prairie Branch8577 Columbine Rd • Eden Prairie, MN 55344Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Elk River Branch17035 Yale Court NW • Elk River, MN 55330Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Hopkins Branch1541 Highway 7 • Hopkins, MN 55305Coin Counter Available During Lobby Hours. 24-Hour ATM. Night Depository.

Isle Branch390 Isle Street West • Isle, MN 56342Coin Counter Available During Lobby Hours. 24-Hour ATM. Safe Deposit Boxes Available. Night Depository.

Maple Grove Branch9580 Blackoaks Lane NMaple Grove, MN 55311Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Milaca Branch400 3rd Avenue SW • Milaca, MN 56353Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Dan Stoltz honored with the 2019 H.E.R.B.I.E. Award

2020 Slate of Board CandidatesCarl Anderson (Incumbent)Bob Oehrlein (Incumbent)Jim Taglia (Incumbent)

Petition Notice Nominations to the slate of candidates for the Board of Directors may be made only by the Nominating Committee or by a petition to the Nominating Committee. If you wish to be placed on the ballot by petition, you must deliver a petition signed by at least 1,140 SPIRE members (1% of the total membership) to the Nominating Committee c/o Shelly Nicolai at SPIRE by November 15, 2019.

Shelly may be reached by calling 651.641.2332. Nomination petitions must include a certificate signed by the nominee stating agreement to the nomination and willingness to serve if elected. Nominees must meet requirements of board members that are specified in SPIRE’s bylaws. All primary members over the age of 18 with $10 or more in their Share Savings account are eligible to vote.

Named after hockey coach Herb Brooks, the St. Paul Area Chamber of Commerce’s H.E.R.B.I.E. award recognizes individuals and businesses who exemplify the traits inspired by its namesake: Humanitarian, Enterprising, Resilient, Bold, Inspirational and Ethical. Each year, one business and one individual is selected. Past individual winners include Robert Naegele Jr., founding owner of the Minnesota Wild, and former St. Paul mayor, Chris Coleman.

Stoltz received the award at the Saint Paul Area Chamber of Commerce’s 20th Annual Foundation Luncheon.

Stoltz’s personal philosophy that “Life is about giving, not getting,” is evident in his leadership at SPIRE. He has built SPIRE into a nationally top-rated credit union. The list of accolades Stoltz has received includes: Northern Star Council’s 2018 Community Builder Award from the Boy Scouts of America, 2015 Outstanding Professional of

the Year from the Minnesota Credit Union Network, and 2017 Executive of the Year from DECA for leadership development in area high schools.

Stoltz also holds board and leadership positions with the St. Paul Police Foundation, Regions Hospital Foundation, PGA Tour Executive Committee, Ordway Center for the Arts and Alloya Corporate Federal Credit Union. He is respected among business professionals, community leaders, and employees for his tremendous business acumen, contagious positivity and passion for giving back.

“We are so proud of Dan to be honored with the 2019 H.E.R.B.I.E. award. At SPIRE, we consider this a team award,” said Tom Heinzen, SPIRE board chairman. “The fact that Dan was recognized for such a prestigious award is indicative of the work of the entire SPIRE team. Congratulations on a job well done, Dan and Team SPIRE!”

Pictured left to right: SPIRE’s Abby Patterson, Rachael Reiling, Casey Carlson, Jim Ganger, Dan Stoltz, Danielle Pfeifer, Lisa Lehman, Jon Seeman, and Cliff Wantz.

PinktoberIn October, the staff at SPIRE choose to donate money and wear pink to raise awareness and honor those we love that are affected by cancer.

2019 Scholarship WinnersAnnika Olson from Woodbury High School (attending Colorado Christian University) and Linnea Kronzer from Minnetonka High School (attending University of Wisconsin-Madison) will each receive a $500 scholarship.

Since its inception, the SPIRE Scholarship Program has awarded 76 scholarships for a total of $40,000 to credit union members.

Applications for SPIRE 2020 scholarships will open in February.

Minneapolis Branch3117 University Avenue SE Minneapolis, MN 55414Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Mora Branch112 South Lake Street • Mora, MN 55051Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Ogilvie Branch200 West Highway 23 • Ogilvie, MN 56358Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Pine City Branch900 Main Street So • Pine City, MN 55063Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Safe Deposit Boxes Available. Night Depository.

Princeton Branch501 South 2nd Street • Princeton, MN 55371Coin Counter Available During Lobby Hours. 24-Hour ATM. Safe Deposit Boxes Available. Night Depository.

Roseville Branch1880 Perimeter Drive • Roseville, MN 55113Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

St. Cloud Branch600 25th Avenue South • Suite 101St. Cloud, MN 56301

St. Paul BranchCray Plaza at Galtier Towers 380 Jackson Street • Suite 279 St. Paul, MN 55101Coin Counter Available During Lobby Hours. ATM. Night Depository.

Vadnais Heights Branch940 Cty Road E East • Vadnais Heights, MN 55127Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

Woodbury Branch195 Radio Drive • Woodbury, MN 55125Coin Counter Available During Lobby Hours. 24-Hour Drive-Up ATM. Night Depository.

SPIRE Wins Two Desjardins Awards for Financial Education

New! Rate-Relock Option Available for Adjustable Rate Mortgages

SPIRE is happy to offer a rate-relock option on ARM loans. That means you can control your payment by re-locking your rate to a current rate.

The newly re-locked rate will be applied to the remaining term and principal balance of your existing SPIRE Adjustable Rate Mortgage. This option gives you peace of mind, especially during times of rising interest rates. There is no need for an application, credit check, or an appraisal. A fee applies. Simply contact SPIRE to let us know you would like to re-lock the rate on your ARM. The interest rate can be adjusted to the current rate for any SPIRE portfolio Adjustable Rate product offered at the time of the rate re-lock request. The fee to re-lock the rate is .50% of the unpaid principal balance and must be paid out of pocket prior to the rate modification. The loan must be current. The new payment will be based on the new rate, unpaid principal balance, and the remaining term, effective the next due date after the rate-relock has been executed. The amortization cannot be extended past the remaining term, however it can be shortened at the borrower’s request. Mortgage Insurance approval is required for loans that have Mortgage Insurance.

The Desjardins Awards recognize leadership within the credit union movement on behalf of financial literacy.

This is the fifth consecutive year that SPIRE won the Adult Desjardins Award. Throughout 2018, SPIRE had the opportunity to provide financial education to 2,000 adults throughout Minnesota.

For the third consecutive year, SPIRE has also won the Youth Desjardins Award. In a unique collaboration with BestPrep, a group of ten SPIRE employees worked with students from Minnehaha Academy’s Introduction to Business Class for a 12-week

eMentoring program. SPIRE reached a total of 585 students, educating them on successful auto buying, budgeting, housing options, credit management and more.

SPIRE’s winning entries will advance to the national competition, where they will compete with financial education projects from credit unions in other states.

The awards are named in honor of Alphonse Desjardins, the co-founder of the first cooperative financial institution in Lévis, Quebec in 1900. Desjardins was an ardent believer in the value of teaching children to save.

SPIRE staff with Minnehaha Academy High School BestPrep eMentors program participants.

SPIRE’s 86th Annual Meeting & Member

Appreciation Day

Saturday, February 15, 20202 pm @ Grace Church in Eden Prairie

Registration details will be posted on myspire.com in the coming months.

Bring your friends and family. Each registered attendant will receive $25!

Save theDate!

REFINANCE YOUR HOME WITH AMAXIMUM OF $500 IN CLOSING COSTS*

*Automatic payment required. Principal & interest payment based on loan amount of $175,000. SPIRE does escrow for taxes or insurance. Payment estimates do not include taxes or insurance; actual payments may be higher. Min. loan amount is $15,000 and max. loan amount is $750,000. A minimum of $10,000 must be new money at SPIRE. Property must be the primary or secondary residence and property insurance is required. Residential properties only located in MN or WI. Commercial, agriculture and large acreage properties excluded from offer. SPIRE member responsible to pay $500 toward closing costs, which includes the cost of the required appraisal. If the loan does not close, the cost of the appraisal will not be refunded. SPIRE will pay closing costs in excess of $500.00 and does not include the fee for a potential subordination agreement or the cost to change fee ownership. Offer subject to termination at any time. Rates and terms are subject to qualification and may change at any time. Borrower must meet membership requirements to qualify. Other restrictions may apply. See your tax advisor for details regarding interest deductibility.

FIND US ON

View the digital edition anytime at myspire.com/inspire. SPIRE Credit Union is an Equal Employment Opportunity/Affirmative Action Employer.

CONTACT CENTER HOURSMonday—Thursday 8:00 a.m.—5:00 p.m.Friday 8:00 a.m.—6:00 p.m.Saturday 8:30 a.m.—12:00 p.m.

How to Reach SPIRE ONLINE myspire.comMETRO 651.215.3500TOLL FREE 888.34.SPIRE

MH8555

All SPIRE locations will be closed the following holidays | Veterans Day • November 11, 2019 | Thanksgiving • November 28, 2019Christmas • December 24 (closing at 1 p.m.) and December 25, 2019 | New Year’s Day • January 1, 2020

To schedule an appointment, please call 651.641.2298.

SPIRE IS PROUD TO SPONSOR 7th Annual “Clouds” Choir for a Cause Benefiting Children’s Cancer Research Fund

International Credit Union Day, Thursday, October 17 Since 1948, International Credit Union Day has been celebrated annually on the third Thursday of October. Each year, the international event affords the opportunity to remember credit unions’ proud history and promote awareness of and support for the credit union and financial cooperative difference.

Celebrate with us and enjoy treats at all SPIRE branches. Local HolidayToy Drive

SPIRE is collecting new, unwrapped toys at all branch locations from November 1-December 13.

Toys and gifts for children 6 months– 18 years are appreciated and

accepted. All donations will stay within the local communities.

Investment and insurance products and services are offered through INFINEX INVESTMENTS, INC. Member FINRA/SIPC. SPIRE Retirement & Investment Services is a trade name of SPIRE Credit Union. Infinex and SPIRE Credit Union are not affiliated. Products and services made available through Infinex are not insured by the NCUA or any other agency of the United States and are not deposits or obligations of nor guaranteed or insured by any credit union or credit union affiliate. These products are subject to investment risk, including the possible loss of value.

Steve Carlson, CFP®

651.641.2174 scarlson@myspire.com Blaine, Coon Rapids & Elk River

Ryan Finc320.679.8118 rfinc@myspire.comIsle, Milaca, Mora, Ogilvie, Pine City & Princeton

Wendy Maczko, CRPC® 651.641.2378 wmaczko@myspire.com Eagan, Minneapolis, St. Paul, Vadnais Heights & Woodbury

Donald Sundt651.641.2192 dsundt@myspire.com Eden Prairie, Hopkins, Maple Grove & Roseville

Retirement Planning l Investing l 401k l College Planning l Life Insurance l Investment Services for Business

Join us Friday, December 13 at the Mall of America—Rotunda