FoxFacts Newsletter April 2022 Get into a new home fast and save $300 off closing costs • We’ll help you fund your dream home and fast – 30 days from application fast! • For a limited time, take $300 off your closing costs1 – make ‘we can afford that home’ happen! Our knowledgeable lenders work hard to get you the right program for your needs and budget: • Down payments as low as 3%2 • Up to a $6,000 Down Payment Plus® program3 grant for down payment and closing cost assistance • First-time homebuyer programs Learn more and apply at foxcu.org/buying-a-home.
Federally Insured by NCUA.
(1) Fox Communities Credit Union (“Fox”) $300 off closing cost is valid on new purchases or new home construction loans only; refinances and home equity loans/lines of credit do not qualify. The discount will be applied at closing as a lender credit. Offer valid until June 30th, 2022 and is subject to change at any time without notice, not valid with any other offer or discounts. (2) Payment example: A 30-Year Fixed rate loan for $250,000 with 3% down at 4.50% and Annual Percentage Rate (APR) of 4.625%, estimated monthly principal and interest payment of $1,266.71. Payment example do not include amounts for taxes and/or insurance, or other applicable escrows. Actual payment obligation will be greater. APR is accurate as of 3/17/2022. Rates, terms, condition subject to change at any time without notice. Lending products are subject to credit approval and eligibility requirements. Membership eligibility required. (3) Down Payment Plus® is a program from the Federal Home Loan Bank of Chicago. Restrictions apply. Please visit Federal Home Loan Bank of Chicago's at fhlbc.com for complete requirements. Down Payment Plus® is a registered trademark of the Federal Home Loan Bank of Chicago.
Fox fraud department: Protect yourself with Fox Digital Banking Fraud and identity theft is toward the top of the list of worries for everyone who lives in our digital world. But did you know that utilizing our Fox Digital Banking features can actually help you avoid fraud and identity theft? In fact, there are multiple ways to use Digital Banking to help protect yourself: • Use multi-factor authentication, a 4-digit passcode, or biometrics to ensure secure access • Use online statements to avoid having a paper statement sent to your mailbox • Easily monitor your accounts daily and report any irregularities immediately • Use Bill Pay to send secure bill payments, mitigating the risk of sending personal checks • Use card controls to: lock and unlock your debit/credit cards anytime, see most recent transactions, receive a notification every time your card is used, and set vacation reminders If you see anything concerning on your account, please contact us right away – 920-993-9000. To enroll in Fox Digital Banking or to learn more, visit foxcu.org/online-banking. Phone data fees may apply.
Federally Insured by NCUA.
Coming April 2022: A new Oshkosh branch We are excited to be so close to the opening of our newest branch, just off Highway 41 in Oshkosh. The same top-notch team from the prior location will be there to greet you in a fabulous new facility. The new things you will find include: a cozy waiting area complete with a coffee bar, additional drive up lanes, more parking space, and a new drive-up ATM! We will also be installing new teller islands to offer you an improved one-on-one experience. Hours will be: Monday-Friday Saturday
Lobby 9:00am-5:00pm 9:00am-Noon
Drive Up 8:00am-5:30pm 9:00am-Noon
We are so eager to welcome you to our new branch... we look forward to seeing you soon! Federally Insured by NCUA.
Virtual Annual Meeting Monday, May 2 6:00pm-6:45pm Listen and view the live presentation via our meeting link or hear audio only by calling in. Both the website link and phone conference call number will be shared around April 12th and 26th via email, and online at foxcu.org/annual-meeting. You’ll be able to access the meeting 15 minutes prior to the start time (at 5:45pm). Meeting Agenda Rich Scott, Chairperson of our Board, along with Chris Allen, CEO/President and others will present our 2021 statement of condition and provide a brief overview of 2021 and updates for 2022.
Board of Director Voting Votes will be accepted April 13-27 via: • Digital Banking • Paper ballot, available at any branch • Mail-in ballot by request (call 920-993-9000) Candidate videos and background information will be posted Tuesday, April 12 to foxcu.org (printed copies will be available at any branch). To learn more about what our Board of Directors is responsible for, visit foxcu.org/board-of-directors. Voting eligibility: • Must be age 18 or older • Must have established membership on or before February 2, 2022 (3 months prior to the Annual Meeting) • Be a primary member (first name listed on the account) Phone data fees may apply.
Federally Insured by NCUA.
Instant cash personal loan
Fourth cooperative principle: Autonomy and independence
The smell of spring adventures is in the air! Let us help you get the funds to help make your plans happen.
We are halfway through our list of the principles that make our credit union (and all cooperative organizations) the special member-focused entities that they are.
Borrow up to $10,000 with rates as low as 7.40% APR* for up to 60 months. Apply and learn more at foxcu.org/personal-loans. *APR=Annual Percentage Rate. 7.40% APR requires a new or existing Fox checking account to qualify for special rate. Rates, terms, and conditions are subject to change or terminate at any time without notice. Estimated monthly payment example for $10,000 borrowed at 7.40% for 60 months is $199.90. Your actual payment may vary. Loans are subject to final credit approval and membership eligibility. APR can vary based on creditworthiness and term of loan. Applicable to new money only, cannot be used to pay existing Fox loans. Applicants typically receive approved funds within the same or one business day. Must be 18 years or older.
Federally Insured by NCUA.
Registration is open
The fourth cooperative principle, autonomy and independence, is particularly meaningful because it says that Fox is ultimately governed by all of us, the members. The Board of Directors you help elect guides the strategies and big decisions needed to continue to grow our credit union successfully. No matter what kind of business partnerships we may forge, and regardless of any financial arrangements made, we will never enter into an agreement that would take democratic control away from the members. It is because we so fiercely guard from outside influence our independence and our members’ right to be heard that our credit union can remain focused on the people who make it up, and not the profits it can return. Federally Insured by NCUA.
Fox auto buying specialist: Contact us first for auto buying I truly appreciate all the calls I get from Fox members about these articles I write. I love being able to use my extensive knowledge of the ins and outs of the auto industry to help our members navigate the vehicle purchasing process. But one of the problems I run into the most is people asking for advice after they’ve completed the process. In fact, I recently worked with a member who came in to refinance his vehicle loan. While looking over his contract, I found several thousands of dollars’ worth of “extra stuff” added to his loan. Furthermore, I noticed the price he paid was thousands over comparable vehicles, and his trade allowance was thousands of dollars under what my information tells me it should have been. And to top everything off, the interest rate was about 6% higher than the interest rate he would have received had he come to Fox.
With little snow piles dotting the ground, it might be hard to imagine that bright, first sunny Saturday in August, when we all get together to ride our bikes; listen to live music; and eat great local fare in the name of the Fox Cares Foundation. While August 6th may still be looming far on the horizon, you can claim your spot on the registration list now at biketothebeat.com!
To make a long story short, if this member would have contacted Fox first, I‘m confident we could have saved him several thousands of dollars. So, when you’re ready for your next vehicle, please take a moment to reach out to me or one of our other Fox lending experts before you begin your shopping. We can help set your budget and give you an idea on what price range to start looking for. Mike Pastorelli, Fox’s Auto Buying Specialist 920-993-3508 mpastorelli@foxcu.org
Youth Month
Money Smart Week
Attend for a chance to win $1,000
It’s never too early to start teaching our youth that a little bit of savings can go a long way. Throughout the month of April, we will be celebrating with opportunities to learn about money and contests to win money! Stay informed about our Youth Month happenings at foxcu.org/calendar.
Kick off Money Smart Week with a free day at the Building for Kids on April 10th. This will include financial education activities and a story time for the kids. Be sure to visit our littlest branch while you’re there! Continue the week with a free webinar each day, April 11-14: foxcu.org/calendar.
Sign up and attend this “On the Road to Riches” webinar (either date) to enter: foxcu.org/calendar.
Federally Insured by NCUA.
Visit Us: foxcu.org/locations
Presentations and webinars are intended for educational purposes only and do not replace independent professional advice.
Find Us: instagram.com/foxccu/
Call Us: 920-993-9000
Tuesday, April 12 12:30pm-1:30pm
Thursday, April 21 7:30pm-8:30pm
Webinar to Win sweepstakes is being offered exclusively by BALANCE, a California based non-profit organization. See “Official Sweepstakes Rules” for contest details. Presentations are intended for educational purposes only and do not replace independent professional advice. Statements/opinions are of the presenter individually and not necessarily the opinion or position of Fox Communities Credit Union (Fox). Fox is not an affiliate of BALANCE. Third-party site security and content are not operated or under the control of Fox, and Fox doesn’t represent those who enter into a transaction.