Fox Facts Newsletter - February 2022

FoxFacts Newsletter February 2022 Do you need a loan for a reliable car to get you through our winters, or are you facing an unexpected expense?

Let us help you make life happen with a loan from Fox. We’re happy to help you purchase that new car, pay for that vacation, or start remodel you’ve always dreamed of doing. And Helping youthat make life happen with a Fox loanwho and an automatic everyone applies for a Fox loan or credit card by March 31, chance to win big! and has their loan close by April 16, 2022, will be automatically entered into a drawing to possibly win $10,000. Six finalists will Ask us how to enter be chosen for the drawing after March 31, 2022, with one WinWithFox.com taking home $10,000 and the others winning $500 each. All new personal, commercial, and mortgage loans qualify.

Offer ends Thursday, March 21, 2022 Remember, you miss 100% of the shots you don’t take, so why not take a shot at $10,000 while also getting money to achieve your 2022 dreams? You can contact us at 920-993-9000, stop in any Fox Communities Credit Union location, or visit WinWithFox.com to get started today.

NO PURCHASE NECESSARY

NO PURCHASE NECESSARY. You are not required to obtain a Fox Communities Credit Union membership, product, or service to enter. For automatic entries for obtaining a Fox eligible loan product, the loan application must be submitted by March 31, 2022 and the loan closed by April 16, 2022. The alternative entry method is to manually complete an entry form at any Fox branch. Only one entry per person is allowed regardless of the entry method. All entries are subject to the contest rules that include eligibility requirements. The official rules of the $10,000 Cash Giveaway Loan Promotion are available by visiting WinWithFox.com or your local Fox branch.

New Digital Banking Feature: Quick Balance We’ve all been there. You’re in the store’s checkout line after spending way too long gathering the items on your list and all you want to do is get home...when you’re struck by a sudden feeling of dread. Your mind races as you worry about the fate of your cart’s contents and wonder: “Did my paycheck come in last night?” or “Wait…did I remember to transfer that money from savings this morning?” You see that the customer ahead of you is finishing up and you know you don’t have time to log in to your Digital Banking, but you also don’t want to lose your place in this long line. Do you roll the dice and maybe get an overdraft fee? Nope, not anymore! That’s because you can activate a new feature in your Digital Banking app called Quick Balance. Your top five account balances are automatically shown without ever having to log in, which means you have the ability to make smart spending choices without missing a beat.

With these steps, Quick Balance is easy to turn on: 1. From your Fox app, tap Menu > Settings > Quick Balance.

(Don’t see Quick Balance? Make sure to update your app) 2. Toggle the Quick Balance switch to on.

Federally Insured by NCUA.

When will 2021 IRS Form information be available?

2021 IRS Tax Form 1099 and IRS Tax Form 1098 (Mortgage Loan Interest) were mailed at the end of last month, January. You will only receive a 1099-INT if total interest earned on your deposit accounts exceeded $10 in 2021.

Please remember: If you choose to have your tax refund electronically deposited, you must use the full 12-digit account number along with our routing number, 275977256. For this reason, we did print your full 12-digit account number(s) on your December statements.

Limited time offer on credit card cash advances through February 2.99% Promo APR for 12 months* 9.90%-17.90% APR thereafter* Are these to-dos, or anything like them, on your post-holiday checklist?

• Consolidate higher interest rate balances into one easy payment.

• Pay off your holiday charges.

• Complete long-awaited remodeling projects.

• Take your car in for a tune-up or repair.

• Tap into your card for some emergency cash.

Perform a credit card cash advance by calling us at 920-993-9000, stopping at any one of our convenient locations, using an ATM (must use credit card PIN), or...

1. Log into Digital Banking.

(Need access? Select Enroll on bottom-right) 2. Tap Menu > Transactions > Funds Transfer.

3. Choose Credit Card as From Account and complete remaining prompts on screen.

Promotional rate of 2.99% APR on Balance Transfers and Cash Advances made from 1/1/2022 to 2/28/2022 will remain at promo rate till 2/28/2023. The rate on any remaining balance will return to the APR as disclosed at account opening (currently 9.90%-17.90%) on 3/1/2023. Interest begins accruing as of transfer/advance date.

Rewards program does not apply to Balance Transfer or Cash Advances. No transaction fee for Cash Advances or Balance Transfers. Rates, terms, and conditions are subject to change without notice. Credit card approval depends on creditworthiness and other qualifications. Membership eligibility required.

Annual Meeting save the date: Celebrating 85 years!

Monday, May 2 from 6:00-6:45pm This year’s Annual Meeting will be virtual, and we will get you the access link so you’re ready to join us when we get closer to the date. Stay tuned for futher information on our website at foxcu.org/annual-meeting-2022.

Cabin fever setting in?

We’ve always got the scoop on upcoming fun local events. Check out our website at foxcu.org/ calendar and make some weekend plans. There’s sure to be something to get you out of the winter doldrums.

Proud new Fox members The Gieryns had been with their previous financial institution for 18 years, and they were happy for almost every one of those years — until they weren’t. It started slowly, with a small change here and a small change there, none of which alone would have made them think about leaving. But those changes soon started to add up. And when it became too much, and no longer the same place they fell in love with, they decided to make a change.

Knowing what they had to do, they turned to a friend for help. And that friend pointed them toward Fox, telling them they’d be treated with “fairness.”

“When we first started with Fox, we were welcomed with open arms,” Dianne said. “All our questions were answered.”

From tax scams to TikTok, there are tons of people out there trying to get your debit card information. Unless it’s a company you know and trust, keep your card to yourself. If you’re unsure of a vendor, search them at bbb.org.

Monitor your account, and remember you can temporarily turn off your card with the Card Controls app (within our Digital Banking app).

This year we’d like to reintroduce you to the eight cooperative principles, the values that we as credit unions hang our hats on.

Home equity loans: fit for you?

Federally Insured by NCUA.

We’ll discuss the pros and cons of borrowing against your equity and review the different ways you can do so. Join us one of two ways:

We want to hear your Fox story

So, will the Gieryns recommend Fox to any friends who end up in a similar situation?

“Without hesitation,” Ted said. “To anyone who asks.”

Read the full story on our website foxcu.org/member-testimonial-gieryn

The second cooperative principle, Democratic Member Control, is exactly the reason we contintually emphasize that when you’re a member, you own a part of Fox. Every member, regardless of their financial status, gets the same one vote when it’s time to make important decisions about credit union policies and leaders. When we say that your voice matters, we genuinely mean it. Be sure to attend our Annual Meetings and contribute to the future of the credit union!

Your smile is what drives us! We’d love to hear your story. Here are a few questions to make it easier on you:

Tune into 1150AM, 103.5FM, 106.3FM or the WHBY app Monday, February 14 from 11:00-Noon Presented by our friendly team members

• What brought you to Fox?

LUNCH MONEY

No matter if your story is long or short, we’re all ears, or in this case, eyes — please share your story by emailing mnesemann@foxcu.org.

DELIVERING FREE FINANCIAL WEBINARS TO YOU

That budding familiarity helped with the process of switching over all their finances to Fox — a process the Gieryns found to be much easier than expected thanks to some simple forms and friendly Fox team members.

In fact, the Gieryns were even able to save some money on their mortgage!

Visit Us: foxcu.org/locations

Second cooperative principle

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“Toward the end (with our other institution), it was never the same face when we went in,” Ted said. “But at Fox, we quickly started to recognize everyone in the lobby, and we got to keep working with the same people.

That really helped things along.”

Federally Insured by NCUA.

Debit cards: don’t get duped!

Register at foxcu.org/calendar Wednesday, February 16 from 11:30-12:30pm Presented by BALANCE experts Presentation is brought to you by Fox and is intended for educational purposes only and does not replace independent professional advice. Statements and opinions are those of the presenter individually. Fox Communities Credit Union deposit products are Federally Insured by NCUA. Equal Housing Lender.

Save money easier with goals Join us to learn the importance of saving for a purpose. Register for either session below at foxcu.org/balance-financial-fitness-program/.

Tap ‘Visit Balance Webinar,’ and ‘Free Webinar.’ .

Tuesday, February 8 from 12:30-1:30pm Thursday, February 17 from 7:30-8:30pm 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. Fox is not an affiliate of BALANCE. Third-party site and content are not operated or under the control of Fox, and Fox doesn’t represent those who enter into a transaction. Fox deposits are federally insured by NCUA.

Find Us: instagram.com/foxccu/

Call Us: 920-993-9000

• How did you benefit from working with Fox? • Would you recommend that a friend join Fox?

Auto loans: long or short term?

“One of the biggest decisions you’ll make when applying for your auto loan is whether you want a longer or shorter term. A longer term isn’t always the best answer. It can get you a lower monthly payment, but it also means you’re not building any equity. One of the biggest things we see is all the negative equity, which is when someone owes more on their loan than their vehicle is worth. And most of that comes from loans with longer terms. So, if you can financially handle the monthly payments for a 4-year auto loan, that could be your best choice, especially with the equity you’d be building.”

Mike Pastorelli, Fox’s Auto Buying Specialist 920-993-3508 mpastorelli@foxcu.org