February 2021
REMINDERS & ANNOUNCEMENTS
IRS Tax Forms 1099 & 1098 (Mortgage Loan Interest)
have been mailed
• 1099-INTs were sent only if the total interest earned on your deposit accounts exceeded $10.00 in 2020. • If you choose to have your tax refund electronically deposited, you must use the full 12-digit account number along with Fox’s routing number, 275977256. For this reason, we printed your full 12-digit account number(s) on your December statements.
Fox is seeking candidates to serve on the Board
Apply by February 15, 2021 Applicants must: • Have prior Board experience. • Be a Fox member (primary account holder, the first name listed on the account) for at least one year, by our Annual Meeting date, May 10, 2021, and be in good standing. • Be 18 years of age or older.
We encourage members who have prior board experience and meet the above criteria, to consider running for a Board of Directors position. Applications can be found online at foxcu.org/board-of-directors.
QUICK TIPS
Car sales can be too good to be true
On occasion a dealer might sell an auto that’s been in inventory too long at a reduced price or you might find a private seller that is just trying to sell a car that a parent drove at a really good price... but for the most part, if a deal seems like it’s one-in-a-million, it’s probably not the real thing. Call Fox’s Auto Buying Specialist, Mike Pastorelli at 920-993-3508 to investigate any vechicle, for free, to avoid a bad deal.
Paying bills with Fox’s online BillPay is safer than sending payments via your postal service mailbox For added convenience, you can schedule payments too • Once enrolled in Digital Banking, log in. • Click ‘Menu’, ‘Transactions’, and ‘BillPay’. Please contact us if you would like us to help walk you through the steps of your first payment.
Ways to help boost your credit score • Pay your bills on time and in full. • Apply for new credit sparingly. • Use less than 30% of your available credit a month (30% of $10,000 = $3,000/month). • Keep old accounts open. Depending on the accounts you close, you could unintentionally raise your credit utilization, and shorten your credit history length.
COMMUNITY SUPPORT
Help for the Homeless Personal Care Item Collection February 14 - March 7 All Fox locations
Donate personal care items, such as, deodorant and dental care for local crisis shelters and programs. Items collected, at our Fox locations, stay in the communities where they are collected. For a list of items needed and more details, visit foxcu.org/calendar.
MAKE “WE CAN AFFORD OUR OWN HOUSE” HAPPEN!
1 Get pre-approved (valid for 4 months) •Apply for the loan •Makes home closing faster
2 Choose a Realtor •Make a list of needs/wants •Go house shopping
We have the right lenders and programs to get you “the one” faster
Know what to expect from application to closing. Our knowledgeable lenders work hard to make the home buying process more understandable - and help guide you to the right home buying programs for your needs and budget.
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3 Sign/accept purchase
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agreement
•Make offer and negotiate •Offer accepted!
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Meet with your lender •Complete application with the accepted purchase contract
Close in as little as 30 days from accepted offer •Approve loan •Schedule closing date •Finalize sale •Move in!
Inspection & appraisal •Inspector looks for any hidden issues •Appraisal makes sure price = value
First Time Home Buyer Program Not owning a home for three or more years. • As low as 3% down payment. • Down payment assistance via grants acceptable. • No Private Mortgage Insurance (PMI) options available. • Reduced closing costs. Down Payment Plus Program Up to $6,000 may be available for your home purchase. Apply online at foxcu.org or contact us for details and to see if you qualify for either program! Unsure if you can pay the initial costs of purchasing a house as well as the ongoing monthly mortgage and other living expenses? We invite you to use our wide-range of tools online at foxcu.org/calculators, to plug figures in and see if it adds up.
NEED FUNDS IN A PINCH?
Take advantage of our credit card Cash Advance offer & transfer money from your low rate Fox credit card to: •Pay off a higher rate credit card or other debt to reduce interest •Get emergency cash
•Pay a bill you otherwise could not afford right now •Anything else you need funds for!
DO A CASH ADVANCE from your Fox Credit Card, one of four ways: Platinum REWARDS Platinum REWARDS
1234 5678 8901 2345 1234 5678 8901 2345 XX/XX XX/XX BE A MEMBER BE A MEMBER
By phone: 920-993-9000 At any Fox location Using an ATM (must use credit card PIN) With a Funds Transfer in Digital Banking 1. Log in (Don’t have access? Select Enroll on the bottom-right of screen) 2. Tap Menu>Transactions>Funds Transfer 3. Choose Credit Card as From Account 4. Complete remaining prompts on screen
Don’t have a Fox credit card? APPLY TODAY! Online foxcu.org
LIMITED TIME OFFER* on Cash Advances
Call 920-993-9000
Federally Insured by NCUA. Loan subject to credit approval. Membership eligibility required. *APR=annual percentage rate. Balance transfers and cash advances made 2/1/21 to 3/31/21 will remain at 3.99% Promo APR until 4/1/22. On 4/1/22 the rate will return to 9.90% - 17.90% APR disclosed at account opening. Interest begins accruing as of the transfer/advance date. Offer subject to change without notice. Rewards program does not apply to Cash Advances or Balance Transfers.
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