BREWSTER FEDERAL CREDIT UNION NEWSLETTER

Winter 2019 January, February, March   PH 330-767-4345  www.brewsterfcu.org  acarney@brewsterfcu.org

At A Glance: Dorman Account Fee…Annual Credit Report…E-Statements…Contests…Annual Meeting…Tax Tips…Online Bill Pay…Christmas & Vacation Clubs…Car Loans…NCUA Share Insurance…Shared Banking…Holiday Closings…

Dormant Account Fee: If your account with BFCU has a balance below $500, and there has been no member-initiated activity within the last 24 months then you will receive a monthly fee of $3 until the account is closed or a transaction has been done by the member.  Please check your accounts to see when the last activity has been done.

Annual Credit Report: You can get a free credit report one time per year from Equifax, Experian or TransUnion or all three.  We advise you stagger your reports over the year.  This will help you monitor your reports for signs of identity theft or fraud year-round.  To get your report, sign into www.annualcreditreport.com or call 1-877-322-8228, or write to Annual Credit Report Request Service, PO Box 105281, Atlanta, GA 30348-5281.

How to get $10 FREE: When you sign up for E-Statements, you will receive a $10 deposit to your account.  Go to www.brewsterfcu.org to sign up for online banking and E-Statements.

Happy Valentine’s Day: Open a new account, sign up for a new service, refer a new member, or get a new loan…you will be entered in our drawing for a $25 gas card!  Drawing will be held Feb 14th.

Happy Easter: We will be holding a coloring contest for all the youth members of the Credit Union, age 12 and under.  Winners will be announced Wednesday, April 17th at 3:00pm.

Annual Meeting: Saturday March 16th at 5:30pm at the Amish Door Restaurant.  Mark your calendar and join us!  Details to follow.

Tax Tips-SAVE THIS STATEMENT: 1099 INT Notices-If you have earned $10 or more in dividend income during 2018 then you will be mailed a 1099 notice.  These will be mailed to you by January 31.  This will also be listed on the last statement of the year.  When filing your 2018 tax return and signing up for direct deposit you will need to provide your credit union routing and transit number: 241274200.

Save Time and Stamps with Online Bill Pay! If you have a Brewster Federal Checking Account, take a look at our FREE Online Bill Pay.  One of the many perks of internet technology, Online Bill Pay lets you pay bills quickly, securely and easily through your BFCU checking account.  To enroll, simply log into your BFCU online Home Banking account and follow the prompts.  And don’t forget our Mobile App!

A Golden Opportunity to Save with a Christmas Club! Don’t count on St Nicholas secretly throwing bags of gold in your stocking.  Open a Christmas Club Account!  Make regular monthly deposits and when the holiday season starts, you’ll have funds ready to shop without resorting to credit cards.

Vacation Club: Your first step toward an affordable vacation is to save for it.  When you plan a trip, consider using a vacation club account.  You open a vacation club account specifically to save for a vacation.  That way the money is slightly less accessible and you’re less inclined to dip into it for other expenses.  By setting aside a specific amount from each paycheck, you ensure that you have enough money when your vacation time rolls around.

Car Loans: Did you sign for a car loan this weekend? We would love to help you bring it back!! Count the benefits: no pre-pay penalty, payroll deductions, convenient payments and paper titles on file here at the credit union.  *Certain restrictions and qualifications apply.

Keep your Money NCUA-safe: Have you ever been concerned about the safety of your money that is deposited at the Credit Union?  Or didn’t understand what share insurance is?  Or want to know your insurance limits?  Just go to www.mycreditunion.com

Brewster Federal Credit Union offers share branching to our members.  Stop in at any credit union in the USA with the swirl logo, along with your BFCU account number and a valid government issued photo ID to do transactions such as: check cashing, deposits, withdrawals, loan payments, money orders or transfers between accounts.  Search for participating locations at: www.creditunion.net or call                1-800-919-2872

Holiday Closings 2019: Happy New Year-Monday, December 31st & Tuesday, January 1st; Martin Luther King Jr Day-Monday, January 21st; Presidents Day, Monday, February 18th; Good Friday-Friday, April 19th.

Dividends Paid December 31, 2018:

Regular Shares-balance $500 & over rate .20%, APY .201% 

Share Drafts-balances $1000 & over rate .20%, APY .201%

Christmas & Vacation Club-balance $100 & over rate .20%, APY .201%

Certificate of Deposit-minimum deposit of $1,000 rate for 6 months .40%, APY .401%

Certificate of Deposit-minimum deposit of $1,000 rate for 12 months .50%, APY .501%

APY=Annual Percentage Yield.  Rates subject to change without notice.  Please contact the credit union for additional information.

Brewster Federal Credit Union, 105 S Wabash Ave, PO Box 115, Brewster, OH 44613.

Phone 330-767-4345, Fax 330-767-4666, www.brewsterfcu.org

To report a lost or stolen debit card, please call our office at 330-767-4345 during normal business hours, or 1-888-690-7888 after hours/weekends. Hours Monday-Friday 9:00-5:00.

This Credit Union is federally insured by the National Credit Union Administration.