• Finance What You Need With a Low-Rate Loan • A New Round of Scams Looks to Take Advantage of Carelessness • Organize Your Financial Life with Money Management
1All loans subject to approval. 2Limited-time offer; apply October 1 – December 31, 2020. Home equity loans subject to credit and property approval. Minimum home equity loan is $10,000. Closing costs include Title Search, Flood Certification, Recording Fee and Reconveyance Fee. Requires new or refinanced (new money) home equity loan of $10,000 or more. HEBFCU covers closing costs on home equity loans under $100,000. Membership required.
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Finance What You Need With a Low-Rate Loan1
If you’re ready to renovate your home, consolidate debt, purchase a new car or make another big purchase for your family, seize the day. Whatever you have in mind, you’ll maximize your loan potential with HEBFCU’s low rates. Home equity loans with $0 closing costs2 Auto loans Debt consolidation loans Signature loans Lines of credit Credit cards Mortgage loans To find out more about our competitive rates and flexible terms, visit hebfcu.org, text 210.938.7860 or call 210.938.7850 and press “2” for loans. We’re here to serve your borrowing needs.
A New Round of Scams Looks to Take Advantage of Carelessness
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The latest scams are looking to take advantage of the swirling chaos around you. The pandemic has turned the world upside down. Thieves know that, and they are coming out of the woodwork. Here’s what you need to know about the new round of scams. The Late Payment USA Today reports that one scam that so far has been mostly targeting AT&T customers involves a phony text or call. The text/phone messages falsely claim that you haven’t paid your AT&T wireless phone bill. Sometimes the message claims your “payment was unsuccessful.” Each message asks for personal info, like your account number, Social Security number and more. Never give sensitive info over text or phone. If you are concerned, simply check your bank and/or AT&T account to see if you have, in fact, paid your bill. The Unclaimed Cash Another scam involves a text or email from the “Unclaimed Property Administration,” or “UPA.” The message explains that you have unclaimed money. All you have to do is click the link that is included in the message to access the cash. Of course, that link takes you to a site that steals your private info. If you receive a text or email from that scam organization, delete it right away. The Fake Site Scammers have created fake sites that mimic the IRS stimulus check site. If you visit the fake site and enter your private info, the con artists have won. When searching for the correct site, make sure the URL is “IRS.gov” and has a lock symbol in the web search bar. As with all of these scams, if you encounter them, report them immediately. See more helpful articles on saving, spending, borrowing wisely and protecting your assets by registering for the Credit Score service online or in our mobile app. HEBFCU has partnered with SavvyMoney, a third-party provider, to bring you this valuable service.
Letter from the Chief | Dear Members:
We are all learning how to navigate this “new normal” in various aspects of our lives. That may mean finding supplemental income sources for our family or simply adjusting to a very different world. Despite the challenging times, there is a bright side for our Members. Interest rates are low, making this a great time to borrow money. Perhaps some extra cash would be helpful right now to cover an unexpected bill or upcoming holiday expenses. Or, since you’re spending more time at home, maybe you’ve identified things that would make life better – like home office or fitness equipment, new furniture or upgraded technology. And speaking of your home, you can use the equity you’ve built up as a ready source of low-cost credit. In addition to offering low rates, HEBFCU is waiving closing costs1 on our home equity and home improvement loans through the end of the year. As a homeowner, you can choose to finance whatever you need: Make home improvements Fund education expenses Pay for any other large expense There are more ways you can take advantage of the current low interest rates: If you’re paying too much interest, consolidate credit card balances and loans with high rates into one low-rate loan and reduce your monthly payments. If it’s time for a new car, take advantage of low rates on auto loans to get a new set of wheels. Already love your car? You may be able to give your budget some breathing room by refinancing with HEBFCU. We’re committed to the financial well-being of all our Members, through good times and challenging times. When we say we’re here to help, we mean it – so don’t hesitate to reach out. Together, we’ll navigate these murky financial waters and do everything we can to help you improve your financial life. Stay safe and healthy. Lynn M. Kincaid, Chief Executive Officer 1Closing costs include Title Search, Flood Certification, Recording Fee and Reconveyance Fee. Limited-time offer: Apply October 1 – December 31, 2020. Requires new or refinanced (new money) home equity loan of $10,000 or more. HEBFCU covers closing costs on home equity loans under $100,000. Home equity loans subject to credit and property approval. Minimum home equity loan is $10,000. Membership required.
Do you know how much money you have until payday? Have you met your savings goal this month? You can answer every question about your finances with Money Management. This robust online financial management tool gives you a complete financial picture of your accounts at the credit union as well as at thousands of other financial institutions. Offered as part of NetBranch, Money Management provides these helpful financial resources: Shows exactly how much money you really have to spend Automatically creates a budget with one click Organizes your finances with auto-categorization that tracks at 90% accuracy Enables you to create goals for retirement, paying off loans and other long-term initiatives Provides alerts and reminders to help you stay on track And much more It’s easy to use, and it’s free. If you already use NetBranch, you’ll find the link to Money Management under the Manage Money tab. Use this powerful tool to achieve more with your finances.
Organize Your Financial Life with Money Management
The U.S. dollar was adopted in 1785. The phrase “In God We Trust” first appeared on currency in 1864 and is required by law on both coins and paper currency. If you were to stack U.S. notes one mile high, there would be over 14.5 million notes in the stack. Did you know? A penny costs 2.4 cents to manufacture. Did you know? By law, only pictures of dead people can appear on U.S. currency. Did you know? Seashells were once commonly used as money in many parts of the world.
Financial Fun Facts
Q & A What's Your Credit Score?
You can know your credit score in an instant when you use HEBFCU’s Credit Score service, available through NetBranch online banking and our mobile app. With one click, you can check your score at any time. You’ll also have access to information that explains how your score is calculated, up-to-date offers that can save you money and tips to enhance your credit score. You’ll receive your full credit report as well as monitoring tools to help you guard against identity theft. It’s easy to improve your credit profile with a service that helps you manage your financial life. You’ll always know where you stand with your credit and how H-E-B Federal Credit Union can help you get the best rates when you borrow. Best of all, the Credit Score service is free. Enrolling in Credit Score is quick, and you can use either NetBranch online or our mobile app. Online, log in to NetBranch and select the Credit Score widget on the right side of the home page. From the mobile app, click on “More” in the bottom navigation of the Accounts screen and then select “Credit Score.” You may be asked to verify information about your credit usage, and then you’ll have access to all the Credit Score services. Simply click on your score to begin using all the valuable tools Credit Score provides. HEBFCU has partnered with SavvyMoney®, a third-party provider, to bring you this valuable service.
P.O. Box 782529, San Antonio, TX 78278 Phone 210.938.7850 • Fax 210.938.7869 Text 210.938.7860 Email members@hebfcu.org Text and email support available Monday – Friday from 8:00am – 5:00pm Online, Mobile and Text Message Banking hebfcu.org Mobile app available in the App Store® and Google Play™
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Monday, October 12 Columbus Day Wednesday, November 11 Veterans Day Thursday, November 26 Thanksgiving Day Friday, December 25 Christmas Day Friday, January 1 New Year’s Day HEBFCU will close at 2:00pm on these dates: Thursday, December 24 Christmas Eve Thursday, December 31 New Year’s Eve
HOLIDAY CLOSINGS
BRANCH LOCATIONS
San Antonio 4630 N. Loop 1604 W., Suite 101, San Antonio, TX 78249 Lobby: M – F 10:00am – 3:00pm McAllen 800 E. Jackson Avenue, McAllen, TX 78501 Lobby: Temporarily Closed Drive Up: M – F 9:00am – 6:00pm
Federally insured by NCUA. We do business in accordance with the Federal Fair Housing Law and the Equal Credit Opportunity Act. IMPORTANT NOTICE REGARDING CREDIT INSURANCE: For Members with Credit Insurance, coverage terminates on the last day of the month during which you reach the Maximum Age of 70 for Credit Life and 66 for Credit Disability. PRIVACY NOTICE: Federal law requires us to tell you how we collect, share, and protect your personal information. Our privacy policy has not changed, and you may review our policy and practices with respect to your personal information at www.hebfcu.org/home/fiFiles/static/documents/Privacy.pdf or we will mail you a free copy upon request if you call us at 210.938.7850.