Fox Facts Newsletter - November 2023

FoxFacts Newsletter November 2023 Upcoming Holiday Closures Our branches will be closed Veterans Day, November 11, and Thanksgiving, November 23.

Our online and mobile banking* services, and deposit/withdrawal ATMs will remain accessible. *Mobile Banking and Online Banking are free, please note your mobile carrier may have web access charges.

Federally Insured by NCUA.

Fox Rewards Credit Card Fuel Discounts Are Back!

With fuel prices still high, the return of this great reward couldn’t come at a better time. You can now redeem your uChoose Rewards® points* for savings at Amoco/bp gas stations! Save 50 cents per gallon on your next fill up – maximum of 20 gallons!* Simply insert your Fox credit card and select “yes” when prompted, and see the fuel price rollback right at the pump!

Don’t have a Fox Rewards Credit Card? Apply at foxcu.org/visa-credit-card. *Subject to available point balance. Redeem 1,500 points equaling $0.50 off per gallon of fuel at participating stores; with a maximum of 20 gallons. Any unused rewards on each purchase are forfeited. Points may not be used with any other discount or coupon offers. uChoose Reward points are redeemable with an open account in good standing. For program information, terms, and conditions visit uChooseRewards.com. Fox reserves the right to change, modify or cancel the program at any time, without notice. Fox reserves the right to change, modify, or cancel this program at any time, without notice. uChoose Rewards is not an affiliate of Fox Communities Credit Union. All names and logos are trademarks and registered trademarks of their respective owners. All rights reserved.

Save More with Great Certificate Specials

86 Years of Member Stories: Your Story is Our Story As we celebrate 86 years of our credit union's journey, I am deeply proud to reflect on the rich tapestry of member stories that helped shape us. Our credit union's humble beginnings in 1937, founded on the ideals of unity and financial empowerment, remain a testament to the enduring power of community.

From our visionary founders to the countless members we've helped provide the means to make life happen, we've thrived by keeping your stories at the forefront.

Through innovation and unwavering commitment, we've adapted to changing times while staying true to our values of trust and cooperation.

As we look ahead, your stories will continue to be our inspiration and driving force. Thank you for 86 years of trust and support, and here's to many more years of shared success, growth, and community.

If you haven’t already taken advantage of our latest certificate specials, you might want to!

With a $5,000 minimum deposit, you can choose from 10 or 15 months at 5.25% Annual Percentage Yield.* Chris Allen CEO/President

*Annual Percentage Yield (APY) and special may end at any time, without prior notice. Share certificates require $5,000 minimum deposit. New money required unless current Fox Communities Credit Union (Fox) member with an active Fox checking (4 transactions per month). Dividends accrue daily. Early withdrawal penalties apply. Fees may reduce earnings and/or principle on account. Membership eligibility required.

Federally Insured by NCUA.

FREE MONEY DAY!

Earn free money at the end of every month with these accounts!

Exclusively available to members with a Fox Rewards Checking!1

Checking

5.00 %

Annual Percentage Yield1 on balances up to $5,000

Money Market

In addition, you may receive: foxcu.org/FreeMoneyDay

• ATM fees back, up to $15 per month2 • Your paycheck up to two days early3

Savings

3.50 % 2.00 %

Annual Percentage Yield4 on balances $15,000 or more

Annual Percentage Yield5

APY= Annual Percentage Yield, accurate as of 10/23/2023. Rates are subject to change at any time.

1:To earn the disclosed 5.00% APY on balances up to $5,000, plus earn 0.50% APY on balances over $5,000, and be reimbursed for domestic ATM fees incurred, you must meet the monthly qualifications. Dividends are calculated and accrued daily based on Fox Rewards Checking balance tier and if Monthly Qualification requirements are met. Monthly Qualification requirements are: (a) make 15 or more Fox debit/credit card qualifying transactions that post and settle to your account during each Monthly Qualification Cycle; restrictions apply, (b) consent and receive your periodic statement electronically; (c) make a direct deposit or automatic debt transaction totaling at least $500.00 during each Monthly Qualification Cycle; and (d) have a valid email address on file with Fox. For months in which the minimum qualifications are not met, earnings are reduced to 0.01% APY and you will not receive credit for domestic ATM fees incurred. Limit of one Fox Rewards Checking per tax-reported owner. 2:Fox will refund up to $15 in domestic debit card ATM fees if Monthly Qualification requirements are met during each Monthly Qualification Cycle. 3:Fox will post payroll direct deposits on the day they are received, which may be up to two business days earlier than schedule posting date. Other exceptions may apply. 4: Fox Rewards Money Market is a tiered rate account; requiring an average daily balance of $15,000 or more to earn the disclosed APY. Tier 1: $0.01-$14,999.99 earns 0.10% APY, Tier 2: $15,000 or more earns 3.50% APY. To obtain the disclosed APY you must: (a) consent to receive your statement electronically with a valid email address on file with Fox; (b) have a Fox Rewards Checking Account with the same Ownership type as this account; and (c) meet all the monthly earning requirements of the Fox Rewards Checking account. For months in which the minimum qualifications are not met, earnings are reduced to 0.10% APY. 5:To obtain the APY disclosed, you must: (a) consent to receive your statement electronically with a valid email address on file with Fox; (b) have a Fox Rewards Checking Account with the same Ownership type as this account; and (c) meet all the monthly earning requirements of the Fox Rewards Checking account. For months in which the minimum qualifications are not met, earnings are reduced to 0.10% APY. For additional information, contact a Fox team member. Membership required.

Federally Insured by NCUA.

Seven Ways to Cover Emergency Home Repairs

Holiday Budgeting Webinar*

1. Homeowner’s Insurance: Check if your policy covers emergency repairs.

2. Community Development Programs: Seek info from your local government.

3. Disaster Relief: Organizations like the Red Cross or FEMA for disasterrelated repairs.

5. Home Equity Loan or Line of Credit (HELOC):* Tap into your home’s value to get the cash you need.

6. Homeowner Personal Loan:* Ask about our unsecured It’s About Time Homeowners Loan.

7. Credit Card:* Use this as a last resort for large expenses, as the interest rate is likely the highest of these options. *Lending products are subject to credit application, program guidelines and credit approval. Membership required.

Auto Industry Frustrations The automotive industry is dealing with another setback after the pandemic, a union strike. This situation is likely to further delay dealers’ return to normal inventory levels and could potentially lead to higher prices.

Amidst this uncertainty, it is important to shop around for the very best deal. Make sure to purchase the vehicle that you need. Don't settle for what's available. Patience is key; when the strike is over, dealer inventories should gradually get back to normal.

As you consider your next car purchase, know that we're here to guide and support you in making a wise, long-term choice.

Please contact me with any questions.

Mike Pastorelli Auto Buying Expert 920-993-3508 mpastorelli@foxcu.org

BEST Green Bay CREDIT UNION 3 YEARS IN A ROW!

November 11 12:30 - 1:30pm

November 16 7:30 - 8:30pm

Register for free at foxcu.org/calendar *Webinars are offered exclusively by BALANCE, a California based non-profit organization. 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.

4. Savings: Try steps 1-3 before using your own hard-earned cash.

Visit Us: foxcu.org/locations

Learn budgeting strategies and tactics to avoid that year-end credit card crunch and sidestep debt traps in the future.

Helping Elevate Your Savings

Roth IRA vs. Traditional IRA How do you know what IRA is best for you?

• The key difference between Roth and Traditional IRAs lies in the timing of their tax advantages.

• With Traditional IRAs, you deduct contributions now and pay taxes on withdrawals later, while Roth IRAs allow you to pay taxes on contributions now and get tax-free withdrawals later [irs.gov/retirement-plans/ira-basedplans#main-content].

• Traditional IRAs function like personalized pensions: In return for considerable tax breaks, they restrict and dictate access to funds.

up!

Save

• Roth IRAs function more like regular investment accounts, only with tax benefits: They have fewer restrictions, but fewer breaks as well.

Every Fox member with a debit card can elevate their savings with our SaveUp program.* Enrolling in SaveUp allows for your daily debit card purchases to be rounded up to the nearest dollar. Then at the end of the day the accumulated amount of your round up is put into a Fox savings account of your choice. foxcu.org/saveup *Must have a Fox checking account with linked debit card to enroll in SaveUp. Savings will vary based on number of purchases and amounts made using debit card. Eligible debit card purchase are calculated nightly, rounding funds to the nearest dollar and transferring lump sum from associated checking account to designated receiving account. For a transaction to round up, checking account balance must be sufficient to process the transaction and transaction amount must not be a whole dollar amount. A round up will not occur if the balance is zero, negative or becomes zero after the round-up transaction. Fox may cancel or modify this service at any time without prior notice.

Federally Insured by NCUA.

You Warm Our Hearts!

Thanks for your contributions to these drives:

We invite you to participate in Toys for Tots, now until December 10, and Candy Bar Sales starting November 13 (while supplies last).

Find Us: instagram.com/foxccu

Call Us: 920-993-9000

• Whether you think your annual income and tax bracket will be lower or higher in retirement is the key factor in determining which IRA to choose.

Need help deciding what’s best for you?

Connect with Fox Communities Investment Services at foxcu.org/investments.

Consult a tax professional for additional information.

Fox Communities Credit Union (Fox) provides referrals to financial professionals of LPL Financial LLC (LPL) pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for brokerage or advisory services. Please visit www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more information.

Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC).

Insurance products are offered through LPL or its licensed affiliates. Fox Communities Credit Union and Fox Communities Investment Services are not registered as broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Fox Communities Investment Services and may also be employees of Fox Communities Credit Union. These products and services are being offered through LPL or its affiliates, of which are separate entities from, and not affiliates of Fox Communities Credit Union or Fox Communities Investment Services. Securities and Insurance offered through LPL or its affiliates are: NOT INSURED BY NCUA OR ANY OTHER GOVERNMENT AGENCY

NOT CREDIT UNION GUARANTEED

NOT CREDIT UNION DEPOSITS OR OBLIGATIONS

MAY LOSE VALUE