New Committee Members
Please join us in welcoming this new member to our Credit Committee: Karen Berendzen
Please join us in welcoming this new member to our Supervisory Committee: Jennifer Crader
Outgoing Committee Members
Please join us in thanking these members for their voluntary service: Charlene Veltrop and Katharine Morris
If you’re a homeowner, a Home Equity Line of Credit can be a savvy choice for reducing your interest rate and keeping more income in your pocket.
A Home Equity Line of Credit from Civic Central Credit Union can help!
Home Equity Lines of Credit let you take advantage of the equity you have built into your home.
And you can borrow up to 80% of your home’s value.
Currently our Home Equity Line of Credit has a rate of 6.5% APR* and our members enjoy no closing costs^ on their first line of credit.
*Annual Percentage Rate. The interest rate is subject to change. Rates reset in July of every odd year.
^No closing costs on your first line of credit. Subject to credit union approval. Not all applicants will qualify. See FSO for details.
Your Civic Central Credit Union Visa debit card allows you to conduct transactions on the PULSE® and STAR® debit networks, which generally require you to enter your PIN. Some merchants are authorized to accept non-VISA debit transactions without requiring you to enter your PIN. If you choose to sign a receipt to authorize a debit transaction, the transaction will be routed as a Visa transaction. Provisions of your cardholder agreement that specifically relate to Visa transactions are inapplicable to non-Visa debit transactions.
Contact CCCU for more information regarding this notice.
Whether you’re just starting out, nearing retirement or living on a fixed income, it’s always a good time to check in on your financial health. Depending on your stage in life, these financial health tips can help you reach a savings goal or better position you to embrace a lifetime of financial health.
Keep These Financial Health Tips in Mind:
1. Automate Savings – Set up an automatic transfer from your checking to your savings account. This will help you build financial resiliency when unexpected costs arise.
2. Pay Down Debt – Rising rates make this more important than ever. Pick your lowest balance and chip it away. Then move onto the next. You’ll be glad you did!
3. Live Within Your Means – When you create a budget and live within it, you’ll gain more financial wellness than ever. And this discipline will serve you well for a lifetime.
4. Be Patient – Paying down debt and growing your savings takes time. Be patient and keep your eye on the prize.
An account will be declared “dormant” after one (1) year of no activity other than dividend and fee postings.
A limited hold will be placed on this type of account automatically by the computer system. A fee of $10.00* will be assessed per quarter on dormant accounts.
*This fee will be waived if an account balance is $100 or greater, or accounts where the primary member is 21 years of age or younger.
As tax season gets underway, members should be aware that scams involving IRS impersonators more than double this time of year.
Here are just a few of the ways scammers are attempting to trick you out of your money:
Unclaimed Refund Scams
Taxpayers should be on the lookout for a new mailing scam. The mailing comes in a cardboard envelope containing a letter on IRS letterhead. The letter asks you to provide ‘Filing Information’ for a ‘refund’, all in an attempt to trick you into sharing very detailed personal information.
IRS Impersonation Calls
Be aware of callers who are posing as IRS agents, using fake names and bogus IRS identification badge numbers in hopes of stealing taxpayer money or personal information. They usually know a lot about you, and they often alter the caller ID to make it look like the IRS is calling. Victims are told they owe money to the IRS, and it must be paid promptly through a gift card or wire transfer.
We urge all members to take caution before paying unexpected tax bills.
The IRS will not:
Taxpayers can call 800.366.4484 to report impersonation scams.
Enjoy easy, secure access to your bank statements and earn a $5 perk.
If you do not have online banking, follow these steps:
Already have online banking, follow the steps below:
*Limit one (1) $5 perk per member account. Perk is only available for new eStatements enrollees. Offer is only available through March 31, 2024.
According to the Federal Trade Commission, American consumers lost $8.8 billion to fraud in 2022 – 30% more than in 2021.
To protect your money and help prevent fraud, we remind our members to be ever vigilant with personal information.
Unless you are expecting contact from your financial institution you should always use caution when you get unexpected calls or emails.
Scammers are coming at consumers any way they can. The most common contact methods include text messages, phone calls and emails.
They will attempt to trick you into action with pieces of personal information they’ve already gathered before contacting you.
Be Aware of These Common Fraud Types:
Imposter Scams – Scammers contact you pretending to be a trusted party that requires a payment on an “overdue” account.
Prize, Sweepstakes and Lottery Scams – “Companies” contact you saying you’ve won a prize, but they need your account information to transfer it or a payment to ship it.
Investment Scams – Criminals present you with a too-good-to-be-true investment opportunity that requires a cash deposit but promises an amazing return.
Even the savviest of consumers can fall victim to fraud. Trust your instincts and use caution. If the caller seems overly insistent, ask for a callback number for further verification.
Have you ever misplaced your paper statement or wished you had access to one from the past?
Enroll in Online Banking to get access to current and past statements.
Here’s How:
Once we verify your account, you can opt-in for eStatements and convenient access to your accounts.