FIRST VIEW
PRESORTED STANDARD U S POSTAGE
15260 FM 529 Houston, TX 77095 FCCU.org 281.856.5300
PAID
HOUSTON TEXAS PERMIT NO. 1769
Fall 2022
NMLS 217251
A PUBLICATION OF FIRST COMMUNITY CREDIT UNION • HOUSTON, TEXAS
Let your home simplify your life!
What's Inside • Auto Loans • CDs • Trust & Will • Dash Into Cash • Annual Toy Drive • Cybersecurity Member Seminar • Holidays
Community Corner Cybersecurity Member Seminar
October 18 at 6 pm Copperfield, Tower II 15260 FM 529 | Houston, TX 77095 th
Hear from a cybersecurity expert and learn how to protect yourself.
Shred Days
Did you know the value of your home can be turned into cash to help simplify your life? When you tap into your home’s equity, the possibilities are endless. No matter what you’re looking to do, from remodeling the house, buying that classic car you’ve had your eye on, or finally taking that once-in-a-lifetime vacation you’ve been dreaming of, make your home work for you!
Annual Toy Drive November 1st - December 2nd
First Community is your one-stop shop for all things home loan related. Find the option that’s right for you!
Partnering with Spindletop Charities, we’ll collect toys to provide to children that may not have a toy otherwise. Help us put a smile on as many kids’ faces as we can. Stay tuned for more details!
All Shred Days are 9am-1pm
10.22.22 Spring Branch 11.12.22
Sugar Land
HOME EQUITY
HOME IMPROVEMENT
Terms up to 20 years
Terms up to 20 years
Rates as low as 6.24% APR1
Rates as low as 6.49% APR1
Borrow up to 80% of your home’s equity2
Borrow up to 90% of the future value of your home3
Explore your options at FCCU.ORG/EQUITY
Holidays
APR = Annual Percentage Rate. Rates, terms, and conditions are subject to change at any time without notice. Membership with First Community Credit Union (FCCU) must be established and considered “in good standing”. FCCU home loan programs are only available Homestead properties located in Texas. All loans are subject to credit approval and FCCU lending policies. Other restrictions may apply. 2Financing at higher terms will be at a higher rate. Payment example: $75,000 at 6.24% APR for 15 years = $642.66 per month. Payment example does not include amounts for taxes and insurance premiums, and if applicable, the actual payment obligation will be greater. Texas homestead properties are limited to 80% of the loan to value, less the first mortgage owed. Property insurance is required, including flood insurance where applicable. The approval is subject to application, credit qualification, and income verification; additional evaluation and verification criteria may apply. Consult with a tax advisor regarding the deductibility of interest. 3Loan amount may not exceed $250,000 or the amount of the improvements being completed, whichever is less. Financing at higher terms will be at a higher rate. Payment example: $75,000 at 6.49% APR for 15 years = $652.92 per month. Payment example does not include taxes and insurance premiums, and if applicable, the actual payment obligation will be greater. Texas homestead properties are limited to 90% of the loan to future market value including improvements and an appraisal being completed, less the first mortgage owed. Property insurance is required, including flood insurance, where applicable. The approval is subject to application, credit qualification, and income verification; additional evaluation and verification criteria may apply. Consult with a tax advisor regarding the deductibility of interest. 1
10.10.22
Columbus Day
11.11.22
Veterans Day
11.24.22
Thanksgiving Day
Auto Loans Start shopping for your next vehicle today! Begin your auto buying journey with Member Auto Center to not only get one step ahead in the car buying process, but also gain access to the competitive rates and terms FCCU offers. Not to mention, when you request a free price quote through Member Auto Center, you’re entered to win a $500 gift card!1 Start exploring vehicles at fccu.memberautocenter.com Need not apply for a loan to enter. No purchase necessary. You do not have to be a member of First Community Credit Union to enter. Limit one entry per person. All entries will be accepted. To enter visit the website above, search for a vehicle and submit for a Price Quote Request between September 1, 2022 and October 31, 2022. All entries must be submitted no later than October 31, 2022 by 11:59 p.m. CST. Contest ends October 31, 2022 at 11:59 p.m. CST. Only one winner will be chosen by random drawing on November 5, 2022 to win $500 in the form of a gift card. Winner will be notified by a Member Auto Center Representative not affiliated with a specific credit union. This contest does not include a manufacturer’s rebate or discount available to the public. Employees of CU Alliance, LLC, and its subsidiaries are not eligible. Must be 18 years or older. No cash value. Odds of winning depend on the total number of entries received. Restrictions may apply. Void where prohibited and subject to federal, state, and local laws. For more information call 832-912-2182. 1
We want to recognize teachers that
Plant the seeds for your financial future.
in the classroom.
Our 2 Year CD Rate Is 3.35% APY1! Nominations Accepted
Make your money work for y u
Two winners selected per month Whoever said “no risk, no reward” must’ve never heard of a Certificate of Deposit (CD). A CD is a great way to help you grow your money. Whether you’re looking to put your money to work for a short period of time or up to five years, an FCCU CD can help you grow your funds without taking the risk.
Check out our competitive rates at
FCCU.org/CDs APY is Annual Percentage Yield. APY assumes dividends remain in the account until maturity. All accounts must remain open through the maturity date to be paid the accrued interest. Interest on certificates is compounded daily and paid monthly. Interest rates and APY are subject to change monthly without notice at the discretion of the Board of Directors. An early withdrawal penalty may be assessed for withdrawals prior to maturity. 1
TRUST
&
WILL
Helping our members reach their financial goals is important to us, which is why we’ve partnered with Trust & Will, the leading online estate planning platform in the U.S., to provide our members with an easy and affordable way to create your estate plan online from the comfort of your own home. Much like financial planning, estate planning is a way to prepare and protect yourself (and perhaps more importantly, your loved ones) for the future. Estate planning should be recognized as an essential part of your financial planning process. With an estate plan through Trust & Will you can:
• Select beneficiaries to receive specific assets • Complete your healthcare documents – including selecting a power of attorney • Avoid probate (with a Trust-Based Estate Plan) and more!
INTO Stay tuned for more details on how you can dash into this holiday season with enough cash for all your gifting needs.
Give your family peace of mind knowing you have a plan in place. Plus, as a member, get 10% off any estate plan with Trust & Will. Don’t wait – get started today at FCCU.org/Trust Trust and Will is offered as a benefit to First Community Credit Union members and is provided directly through this third party, not by First Community Credit Union or its affiliates. Offers are subject to change and may have restrictions. Please contact Trust and Will directly for details. Trust & Will, a leading digital estate planning platform, is offering a 10% discount specifically for First Community Credit Union members. No promo code required; the 10% discount is automatically applied at checkout to the initial purchase of any Guardian, Will, or Trust-based estate plan. Trust & Will 961 West Laurel Street San Diego, CA 92101 United States Access to CU Documents Members of First Community Credit Union, are entitled to review or receive a copy of the most recent version of the following credit union documents upon request: 1. Balance sheet and income statements* 2. A summary of the most recent annual audit completed in accordance with Texas Administrative Code §91.516, relative to Audits and Verifications 3. Written board policy regarding access to the articles of incorporation, bylaws, rules, guidelines, and board policies 4. Internal Revenue Service (IRS) Form 990 *The non-confidential pages of the latest call report may be given to meet this requirement.
Complaint Notice If you have a problem with the services provided by this credit union, please contact us at: First Community Credit Union Attn: Special Services PO Box 840129 Houston, Texas 77284-0129 281.856.5300 or info@fccu.org The credit union is incorporated under the laws of the State of Texas and under state law is subject to regulatory oversight by the Texas Credit Union Department. If any dispute is not resolved to your satisfaction, you may also file a complaint against the credit union by contacting the Texas Credit Union Department through one of the means indicated below: In person or U.S. Mail: 914 East Anderson Lane, Austin, Texas 78752-1699, Telephone Number: 512.837.9236, Facsimile Number: 512.832.0278, Email: complaints@cud.texas.gov Website: www.cud.texas.gov.