FoxFacts Newsletter

April 2023

A message from our President/CEO, Chris Allen

Our Virtual Annual Meeting is less than one month away, May 1 from 6pm - 6:45pm! Hopefully, you are making plans to attend for your chance to hear from me, Board Chairperson, Rich Scott, and other Fox leaders. We will present our 2022 statement of condition and provide a brief overview of 2022 and updates for 2023.

If you would like to have the opportunity to attend our Virtual Annual Meeting, we offer two ways to join. You can join the meeting online or via a phone call (details available at foxcu.org/annual-meeting-2023).

We appreciate your membership here at Fox and hope you can attend!

Board of Director Voting, April 21 - 26

You can vote via Online and Mobile Banking or by requesting a ballot.

Candidate videos and background information will be posted Tuesday, April 11 to foxcu.org (printed copies will be available at any branch). Learn more about what our Board of Directors is responsible for at foxcu.org/board-of-directors.

Voting eligibility:

•Must be age 18 or older

•Must have established membership on or before February 1, 2023 (3 months prior to the Annual Meeting)

•Must be a primary member (first name listed on the account)

In my job, I spend a lot of time talking with members about loans, including helping young adults just getting started in the world get loans for cars, homes, and other necessities. During our conversation, I stress how important it is to have a strong relationship with us, because it means we can more effectively help you during emergencies.

For example, a member with a strong relationship with us contacted us looking for an emergency loan. This member needed $3,500, right away due to an unexpected expense. Because of our prior relationship with this member, we were able to obtain a loan approval within minutes. Talk about peace of mind. If you need some quick cash, you can call us and get the cash you need quickly.

Don’t let tax season turn into a scam season

Scammers enjoy tax season because their most effective weapon is fear, and fear runs rampant during tax season. No one wants to go up against the IRS, so pretending to be the IRS is an effective tool for scammers. Follow these tips to avoid falling into their traps:

•The IRS will never call you to notify you of a surprise tax bill, and they always make initial contact by mail

•The IRS does not accept gi cards as payment and will never ask you to pay that way

•The IRS will never call and threaten to arrest you or suspend your social security number for not paying them immediately

You can find more tips on how to avoid scams at foxcu.org/identity-theft-prevention.

Last chance to attend a free webinar and possibly win up to $1,000

The BALANCE Webinar for the Win* sweepstakes ends in April! Anyone who attends a free BALANCE webinar this month will automatically be entered into a drawing for up to $1,000!

April’s webinar topic is Raising a Money Smart Kid

•Tuesday, April 11 12:30-1:30pm

•Thursday, April 20 7:30-8:30pm

This webinar will help guide parents on effective ways to educate children about financial responsibility. Register and learn more at foxcu.org/calendar.

While not part of the sweepstakes, we also offer a WHBY radio show on this same topic, April 10 from 11:00am to Noon.

*Webinar for entry. See “Official Sweepstakes Rules” for contest details. Please note that when you register for a BALANCE webinar, you will be directed to a site not operated by Fox Communities Credit Union (Fox). Fox is not responsible for the security or content of the BALANCE site. The presentation is intended for educational purposes only and does not replace independent professional advice. Statements and opinions are those of the presenter individually and not necessarily the opinion or position of Fox. Fox is not an affiliate of BALANCE Financial Fitness.

Bike to the Beat registration now open

for this year’s August 5, bike ride - snag your registration at biketothebeat.com for $25 through April 7. Prices increase thereafter.