Fox Facts Newsletter - November 2021

November 2021 Newsletter

Instant cash* loan: Borrow up to $10,000

Real-time card transaction monitoring

We know you’re getting those pumpkins out on the porch and warming up that apple cider, but those darn turkeys and tinsel always seem to show up quicker than expected. Before you know it, you’ll be decking the halls again. Don’t panic; we’re here for you!

For some people the holiday season brings memories of family togetherness and yummy food, while for others it brings beauty in the hope of a new year. Sadly, the fraudsters of the world see the holidays as a prime opportunity to take advantage. Don’t let them take the sparkle out of your garland -- use card controls!

Borrow up to $10,000 (with rates as low as 6.90% APR for up to 60 months) to help grant an extra-special holiday wish this year...or to get the house ready for that aunt of yours.

Apply online at foxcu.org or call 920-993-9000...we’d love to help you make joy happen! *APR=Annual Percentage Rate. 6.90% 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 6.90% for 60 months is $197.10. 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.

Our ‘FoxCU Card Controls’ app* will help monitor the activity on your Fox debit or credit card. You can be the first to know when anything out of the ordinary happens, and you can shut your card off immediately. You’re able to limit when, where, and how your card is used. With card controls, you’ve always got the power to decide which transactions are naughty or nice!

Download the app from the Google Play or Apple App Store. *Must have Fox debit or credit card to use Card Controls. Carrier fees for messaging and data may apply. Federally Insured by NCUA.

Holiday events As the holiday season approaches, so do Santa and his elves. Get out of your home and take part in the fun! From visits with Santa to brisk winter strolls in the park...holiday joy is sure to warm you right up.

Some of the events below are free and all are sponsored by yours truly -- Fox. It’s our little gift back to you for being a member with us.

Ho-ho-hope you have a fantastic holiday and see you at the fun-filled events below!

Find details at foxcu.org/calendar.

Lighting Ceremony on Broadway Friday, November 19 from 5-8pm 200 N Broadway St, Green Bay

Shop small to support local Take advantage of exclusive specials and discounts at participating businesses on Small Business Saturday*, November 27.

Your support helps make a giant impact to your community, small businesses, and the people who keep them running.

Don’t forget to get a passport at any participating business and have them stamp it -- you could win prizes!

For more information, visit foxcu.org/calendar. *Small Business Saturday is a registered trademark of American Express corporation.

Prizes are awarded by Small Business Saturday committee members. No purchase necessary to enter for prizes or receive stamps.

Your support of Toys for Tots can make a holiday brighter Help local children in need have a memorable holiday! Drop off a new, unwrapped toy at any of our locations Monday, November 8, to Tuesday, December 7.

We’ve seen it all at the branches, from handmade wooden rocking horses to stuffed teddy bears...all donations are appreciated and sure to bring a smile to a child’s face.

Would you rather donate money? We will also be accepting monetary donations in the form of check, cash or account transfer.

Fox Cities Festival of Lights November 26, 27, 28 December 3, 4, 5, 10, 11, 12, 17, 18, 19, 23, 24, 25, 26 from 5-9pm Darboy Community Park Celebration of Lights: Free Night Friday, December 3 from 5:30-9pm Menominee Park, Oshkosh We will be collecting new, unwrapped toys to be distributed to less fortunate children in the Oshkosh area.

Christmas Lights & Breakfast Bites Saturday, December 11 from 5-8pm 911 S Saint Augustine St, Pulaski

Our branches will be closed Veterans Day & Thanksgiving Thursday, November 11 and Thursday, November 25

Reasons to have a Health Savings Account (HSA)

The importance of naming a beneficiary/beneficiaries

No doubt about it, medical expenses (even if you have health insurance coverage) can be steep. However, if your policy has a high deductible, you may be able to use a Health Savings Account to pay some out-of-pocket medical expenses at a tax advantage.

A beneficiary is typically a person (or people) that you want to receive certain assets when you pass away. Naming a beneficiary can help your loved ones avoid disagreements, legal proceedings, and eliminate waiting periods.

HSAs allow you to save pre-tax funds for certain medical expenses that aren’t covered by insurance. Contributions to these accounts reduce your taxable income. Withdrawals and investment earnings are tax free as long as you use the money for qualified healthcare costs. Even better, you may be able to deduct your HSA contributions on your income taxes, whether you itemize or take the standard deduction.

Just as we work to protect your assets now, we also want to help protect your legacy.

We would be happy to help you complete a beneficiary designation form for your Fox account(s). Reach out to us today!

Federally Insured by NCUA.

Who can open an HSA? • You are covered under a high-deductible health plan.

• You aren’t enrolled in Medicare.

• You can’t be claimed as a dependent on someone else’s tax return.

How to be one step ahead of check fraudsters

Contact us to open an HSA today.

Refer to foxcu.org for contribution limits.

When using checks, always remember:

Other stipulations may apply. Set-up fee of $25. To find out if your insurance plan qualifies, please check with your insurance agent. Consult a tax professional. Fox does not provide tax advice. Federally Insured by NCUA. Education content provided by BALANCE, a financial fitness program.

• Do not send checks out of your mailbox...it’s too easy for criminals to get your information.

• Write checks only to people you trust, such as family or friends.

• Instead of sending checks to pay bills, contact the business to set up automatic payments or another secure way to make your reoccurring payments.

• Do not carry your checks with you unless planning to use them.

• Never give out your personal information in response an unexpected call, email, or text.

Federally Insured by NCUA.

Free BALANCE webinar: Financial crisis management Learn how to get back on track after a medical crisis, job loss, or other hardship that has become financially troublesome. .

Tuesday, November 9 from 12:30-1:30pm Thursday, November 18 from 7:30-8:30pm Register at foxcu.org/balance-financialfitness-program/. Click ‘Visit Balance Webinar’, then ‘Free Webinar’.

Presentations are intended for educational purposes only and do not replace independent professional advice. Statements and opinions are of the presenter individually and not necessarily the opinion or position of Fox. Third-party site isn’t operated or under the control of Fox. Fox isn’t responsible for the content and doesn’t represent those who enter into a transaction.

When to use a vehicle purchase contract “Purchase contracts protect both the dealer and you, the customer. For the dealer, it’s a legally binding contract that makes sure you’ll see the purchase through. For you, it means the dealer can’t sell the car to someone else who happens to comes along with a more appealing offer. Signing the contract can give you a little more time to get your finances in order without worry.

In today’s market, I would advise you to sign a purchase contract as soon as you find the right vehicle. Better yet, come in and get preapproved* with us and you’ll know how much car you can afford, and what your payments will be before you head to the dealership!”

Mike Pastorelli Auto Buying Specialist mpastorelli@foxcu.org or 920-993-3508 *Loans are subject to eligibility and final credit approval. Membership eligibility required. Must be 18 years or older.