Monthly Newsletter for Four Points FCU Members August 2020

Rates and terms subject to change. Penalties for early withdraw may reduce yield. See Membership Disclosures, Truth in Savings, and Rate & Fee Schedule for more details.

With a Stash Your Cash Term Certi�cate, you can start with a $100 deposit and continue to make deposits during the 6 or 12 month term.

Save for a wedding, family vacation, or holiday gifts, and actually earn money while doing it!

Learn more at www.fourpointsfcu.org/certi�cates, or give us a call at (800) 323-2786!

We need your help, Omaha!

Ballots for Best of Omaha are live and we would appreciate your vote for Omaha’s Best

Credit Union, Mortgage Lender, and Auto Financier.

Signing up for an account is free and ballots can be entered until August 20th, 2020.

Cast your vote today at bestofomaha.com

Promotional incentives valid for new or existing members without an existing checking account relationship in the past six months. Initial $50 awarded after successful account opening. An additional $50 (account credit) will be awarded within 10 days after �rst direct deposit of $200 or more into new checking account. All incentives will be reported as dividends on a 1099-INT. See rate sheet and member disclosures for full account details. Valid 6/1/2020 - 8/31/2020. Management reserves the right to end promotional o�er at any time without prior notice.

It Pays to Pay Faster: Student LoansLearn how to save money now, and in the long run, on any outstanding student debt

The cost of a good education continues to rise, year after year. Never before have we seen graduate students with such astronomical bills that accompany their diplomas. Despite utilizing all the scholarships and grants available, there is a good chance you will be saddled with leftover debt.

While the plus side is those student loans will help bolster almost every facet of your credit score, you may �nd yourself overburdened with high payments and even less cash to spend monthly.

Reclaim future funds & interest with these six handy ways to pay down student debt quickly--or at least save while doing it!

ACCREDITEDBUSINESS

©2020 Four Points FCU. All Rights Reserved. Federally Insured By NCUA.

P.O. Box 541030, Omaha, NE 68154-9030 (402) 431-5180 Toll Free 1-800-323-2786 Contact@fourpointsfcu.org

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Account access, simpli�ed:www.fourpointsfcu.org

Banking at your �ngertips:Download the Four Points FCU mobile banking app for free*, now available on the Google Play or iTunes stores*Message & Data rates may apply

Skip the fees:Withdraw money at over 30,000 CO-OP ATMs across the nation

Earn up to $100 when you open any new Purchase Rewards or

Interest Rewards checking account with us!

Monday, September 7thLabor Day

Our lobby and o�ces will be closed on:

after opening anychecking account

after the �rst direct deposit of $200 or more

after opening anychecking account

after the �rst direct deposit of $200 or more

Learn more or open an account online athttps://www.fourpointsfcu.org/summersavings

Credit Union

Make Extra PaymentsIf you can a�ord it, this is the easiest way to cut back on interest and pay o� your loans quickly! Just make sure the extra goes towards the current/principle balance.

Select AutopayEnrolling in an autopay program will not only prevent late payments but many lenders will grant you a small discount as well, often up to .25% o� the loan rates.

Pay Every Other WeekBy paying half your monthly loan payment every two weeks instead of the usual month-ly cycle, you will bene�t from an extra “month” of payments by year end.

Pay O� Capitalized InterestUnsubsidized loans will accrue interest while you’re still in school, which means it may be worth making small payments to keep interest low on future loan balances.

Re�nance High Interest LoansLoan rates have changed drastically over the last decade! If you built up your credit score and have a steady income source, you may bene�t from a student loan re�nance.

Don’t Extend Payment PlansUnless you really need an income-driven repayment plan (which can extend loans & payments out to 20-25 year terms), stick with the standard 10 year repayment schedule.