The Fox Facts - Spring 2015

IN THIS ISSUE » Fox In the Community » 78th Annual Meeting » Quick Tips » Home Ownership » 52 Week Savings Plan » Budgeting Basics

Spring 2015

Cover Story: Attaining the home ownership dream, when shedidn’t think it was possible. Meet Lindsay and her “Home LoanExtraordinaire”, Rob Lamirande.

Annual M

eetingA

Hom

e of Your Ow

n

SnapSnap At Fox, we aren’t just a financial,

we’re also in your neighborhood.

We’re friends ... and we’re family.

Here’s a snapshot of some of the community

activities we are proud to be a part of!

Fox In The Community

Visit www.foxcu.orgfor a list of upcoming

events that we sponsor.

Hoops for CashGreen Bay West student Nic D. was the lucky one to be chosen for our Hoops for Cash contest at theAmerican Heart Association RedOut basketball game on February 13. He made one of four shots and earned $25 for himself and $175for the American Heart Association.Congratulations, Nic!

APRIL 18 - 25, 2015

Money Smart Week is a public

awareness campaign designed to

help consumers better manage their

personal finances. The following are

events we invite you to take a part in:

• Free Document Shredding

• The Big Read

• Presentations with “The Ultimate

Cheapskate” Jeff Yeager

For information on all of these

events and more, please visit our

website www.foxcu.org/msw

Watch for our Grand Opening

of Main Street coming early

summer 2015!

1820 Main Street, Green Bay

Shots

Home Buying After 5 -

This is NOT your average home

buying seminar!

Learn about buying a home in a

casual, relaxed setting. Meet the

experts who will help you on your

road to home ownership.

• Appleton - Tuesday, April 28

• Green Bay - Wednesday, April 29

For more information and to

register visit www.foxcu.org

• Fox Facts | 2Spring 2015www.foxcu.org

9 volunteer board members are

elected by the credit union’s

membership. A Board of Director’s

primary responsibility is to set

policies, represent the membership

at large, and monitor the overall

well-being of the credit union.

Members who

are 18 years of

age and are the primary voting

member (first name on the

account), are able to cast their

vote at our Annual Meeting or by

absentee ballot. Please visit

www.foxcu.org/annual-meeting

for voting details.

hours volunteered by Fox

employees and our Board

of Directors for community

non-profit events.

Individuals benefited from

attending one of our 32

member seminars or 92 student classroom

presentations. Financial education is a core

commitment in which Fox strives to

continually emphasize.

When: Sunday, May 3rd, 2015 Meeting 3:00pm - 4:00pm, doors open at 2:30pm

Where: The Grand Meridian 2621 N. Oneida Street, Appleton

Light hors d’oeuvres will be served and $1,500 in cash door prizes will be given away. There is no charge to attend this meeting.

Free bus transportation pick up times • 3 N. Main Street, Clintonville; 1:15pm

• 2170 S. Ashland Avenue, Green Bay; 1:30pm

• 1302 N. Shawano Street, New London; 1:35pm

Register for the meeting and bus at foxcu.org or by calling Kalene at 920.993.3757.

Vote for the Board of Directors

By the Numbers Facts and figures about Fox’s Annual Meeting

78th ANNUAL MEETING

78th ANNUAL MEETING

and


A H

ome of Your O

wn

Annual M

eeting

QuickTips

#FoxQuickTipsHashtag: (noun) a word or unspaced phrase preceded by

a hash or pound sign (#) and used to identify messages on a

specific topic. (Tip: Click on the hashtag when surfing Facebook,

Twitter and Instagram and you can see other related posts).

Annually, you should review

your credit report…what better

reminder than your birthday!

Visit annualcreditreport.com

to obtain your free copy today

(or on your birthday!).

Use caution when dealing

with pop-ups. This is a

perfect place to plant a virus

or Trojan program which

may compromise your

identity.

Fox’s online banking users

can receive an extra level

of protection by installing IBM Security Trusteer Rapport on

each computer used to access accounts within Fox’s It’s Me

247 Online Banking. Fox members can learn more and

download Trusteer Rapport for free at www.foxcu.org/trusteer.

As a credit union member, a

young person in Wisconsin

can save an estimated

$117,000 over a lifetime of

using a not-for-profit credit

union for borrowing and

saving. Lifetime credit

union savings comes from:

TOTAL LIFETME SAVINGS: $116,942

$2,056

2014 Wisconsin Credit Union Scorecard. WI Credit Union savings comparedto WI banks, Q3 2014.

Pay off your loan faster with

bi-weekly payments. It’s easy!

Divide your current monthly

payment in half and pay that

amount every two weeks,

which will result in one full

extra payment made to the

loan each year.

HAPPY BIRTHDAY!

Check your

credit report!

#Foxquicktip

Get to the finish line faster!

#Foxquicktip

$5,163

$44,784

$59,120

$5,819

$2,056

AUTO LOANS

HOME MORTGAGE

HOME EQUITY

SAVINGS CERTIFICATE

CHECKING, SAVINGS & OTHER


www.foxcu.org Spring 2015 • Fox Facts | 5

I never imagined purchasing my own home as a single woman in her mid-twenties. But

Not for a second. Are there things I wish I would’ve done differently? Certainly. Maybe you can learn a thing or two from my experience…

My parents were the ones who encouraged me to look into buying a home. For the price I was paying in rent, it made a lot of sense. Why not have something to show for my money? They recommended I stop in at Fox to get pre-approved. This is where I met Rob, my “Home Loan Extraordinaire”.

Rob made sure I knew what to expect throughout the entire home purchasing process. He was there to answer all of my questions, no matter how ridiculous I thought they were. I was happy to have him on my team…and he’s still on my team, continuing to answer my questions.

there was no reason for me to rush. Two months later, my amazing friends and family were helping me move out of my apartment and into my new home.

Some parting tips: • Choose your home inspector carefully. • Inquire about bi-weekly payments, which allow you to pay off your loan sooner. Fox has

• Secure your moving truck well-ahead of time. Give yourself an extra day or two with it. • Use Fox’s Online Banking to monitor payments, loan balances, etc. • Let the people who help you move know how appreciative you are. Feed them! Say thank you. Feed them some more, and thank them again.

If you think home ownership is way beyond your reach, think again. Fox Communities Credit Union is here to help start the conversation. Need to save up for a down payment?Not sure how much you can afford? We can help

A H

ome of Your O

wn

Saving money is a challenge that tries our patience; we often spend money based on what we want now, not what would benefit us in the future. At Fox, we want to help you create a savings plan. The 52 Week Savings Plan can help you develop a pattern of making a weekly deposit to help you reach your savings goal.

The plan maps out savings over the course of a year starting with a deposit of $1 the first week, $2 the second continuing up to $52 on week 52. If you follow this plan, you will finish with a total amount of $1,378.

There are many ways to approach the 52 Week Savings Plan. Want to see a more immediate result? Try starting from the end, which would make your first deposit $52 and your last deposit $1. You could also double the amounts of your deposits each week and finish with $2,756.

It doesn’t matter how you do it, it’s all about learning to save an amount each week.

Download a savings chart to help track your weekly deposits. www.foxcu.org/52weeks

I

With my new card I received 1.99%

apr* intro rate on purchases for the

first 6 months! Was great for buying

our new kitchen appliances!

With my new card I received 1.99%

apr* intro rate on purchases for the

first 6 months! Was great for buying

our new kitchen appliances!

I earn one point for every $1 spent

and I can redeem those points on

gifts for family or splurge on myself!

I save up my reward points for

hotel and airfare savings making

my vacations cheaper!

Paying my bill is easy when I use

online banking to transfer from my

checking to my credit card. I can

even transfer from my credit card

to my checking in an emerency or

to pay off balances from other cards.

Paying my bill is easy when I use

Learn more and apply today atwww.foxcu.org/visa-credit-card

Unlike other cards, my Fox card

has no annual fee, no cash

advance fee and no balance

transfer fees!

*Apr= annual percentage rate. After the introductory period, the purchaserate will be 9.90% - 18.90% based on your credit worthiness.

| 6 • Fox Facts Spring 2015www.foxcu.org

MAIL-BASED SUBSCRIPTIONSSubcriptions that get delivered to your door and that tend to renew annually:•Magazines•Personal shopping services•Gift-of-the-month clubs

PERSONAL BUDGETMUST-HAVES

Every budget is unique, but successful budgets all share versions of the following:

EMERGENCY FUND

Prepare for the unexpected. An emergency fund should be easy to access in the event of unemployment, illness or a critical homeor car repair. • Start your fund by setting a $1,000 goal. • Then, build your fund until it covers 3 to 6 months of living expenses.

SAVINGS GOALSMaking savings a priority instead of a place to park leftover cash. • Treat your savings category like a bill and contribute to it at the start of the month to keep from “accidentally” spending that money elsewhere. • Create a separate account or chart for big savings goals. It’s easier to save when you’re mindful of your progress towards that new car or that dream vacation.

SNEAKY EXPENSES TO

KEEP ON YOUR RADAR

DIGITAL SUBSCRIPTIONS

When setting up a budget, it’s easy to list all your major expense categories,like your rent or your student loan payment. The tricky part is keepingtrack of all those little extra expenses - the ones that most people forget

to include in their budget in the first place. Such as:

Digital media (movies, music and ebooks) that you access online and that tend to renew monthly:•Media services like Netflix and Spotify•Ebook access like Kindle Unlimited•Tutorial sites like Lynda.com

GIFTSSpecial-occasion purchases for family & friends:•Presents and gift certificates•Greeting cards and postage•Little extras like gift wrap and balloons

NON-PRESCRIPTION HEALTH ITEMSThe random items you pick up at the drugstore:•Vitamins and supplements•Cough and cold medicines•Eye drops and allergy relief

SAVINGS TIP: Public libraries have been upping their game - many offer free access to

ebooks, digital magazines and professional resources.

SAVINGS TIP: Use your DIY skills to reduce gift expenses - shop in advance, compare

prices, and take advantage of online deals and free shipping offers.

SAVINGS TIP: Combine in-store offers with manufacturer coupons

found in weekly flyers or online.

Want to learn more?Watch our video!vimeo.com/foxcu


Apply online at www.foxcu.org

Best Loan Rates

Local Servicing

Step-By-Step Assistance

Let us help get you thehome of your dreams!

Find Us: facebook.com/foxcu

Follow Us: twitter.com/foxcu

Watch Us: vimeo.com/foxcu

Call Us: Appleton - 920.993.9000

Green Bay - 920.490.2900

Black Creek - 920.984.4200

Clintonville - 715.823.2191

New London - 920.982.9420

Oshkosh - 920.233.2890

www.foxcu.org

Federally insured by NCUA. Equal Housing Opportunity.

Our Mission

We at Fox Communities Credit Union have a commitment to enrich the quality of life for

services.

The Credit Union is dedicated to the protection

operate in an economically sound manner.

The Credit Union will provide an atmosphere of professionalism, friendliness, and mutual trust.

We shall remain strong in the communities through our support and involvement.

3401 E. Calumet StreetAppleton, WI 54915

The Fox Facts - Spring 2015

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