Which Credit Card is in Your Wallet this Holiday Season?

Holiday Fast Cash Loans

Credit cards have become a way of life for most of us. During the holidays credit cards are a safer option than cash, and allow consumers to purchase those holiday wish list items online as opposed to going to the store.

And while they can provide a peace of mind during the holiday shopping season, the post-holiday debt stress can be a great headache. The following tips will alleviate some of those stress factors when it comes to using your Credit Card:

Set a budget for Holiday Credit Card Spending. When creating your holiday budget, write a list of who you are buying for, what you are buying them, and how much it will cost you. And stick to that budget.

Avoid falling trap to discounts by utilizing store credit cards. Often times, store credit cards have extremely high interest rates. And while the discount may be enticing, often times you can get better rewards with a rewards credit card.

Don’t max out your credit cards. Maxing out credit cards can be damaging to your credit score and overall budget, affecting your ability to pay off these credit card balances.

Whether you love to earn rewards on everyday spending or need a low rate for those bigger purchases, we have your credit card for the shopping season. No annual fee and no balance transfer fee, learn more about which card is best for you at FTWCCU.org and apply online.

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Columbus DayClosed Monday, October 11 Veterans DayClosed Thursday, November 11 Thanksgiving DayClosed Thursday, November 25 Christmas DayClosed Saturday, December 25

ICU Day October 21On Oct. 21, 2021, credit union members around the world will celebrate International Credit Union Day®, an annual event to commemorate the credit union movement’s impact and achievements. This y ear m arks the 73rd anniversary. The COVID-19 pandemic continues to challenge the financial w ell-being o f c redit u nion members around the globe. This year’s theme, building financial h ealth f or a brighter tomorrow, highlights the way credit unions are responding to that challenge by working collaboratively with their members to help rebuild their livelihoods.

Credit Unions strive to make the world a better place for their members by offering a ffordable ra tes an d hi gh-quality service that simplify their lives and empower them to meet their financial goals.

Know Your Worth

OCTOBER 2021 NEWSLETTERworth

Your Credit Union Membership Matters

Congratulations to Jocelyn, age 12, and Paisley, age 7 - winners of our Young Savers Birthday Card Coloring Contest. Both drawings will be featured on FTWCCU’s Birthday cards for 2022. They both received a family four pack of tickets to the Fort Worth Zoo for their winning designs.

If you have a problem with the services provided by this credit union, please contact us at: Fort Worth Community Credit Union P.O. Box 210848 Bedford, Texas 76095-7848 (817)835-5000 or ftwccu@ftwccu.org

This 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 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.

FTWCCU members elect representatives to serve on the Board of Directors. Are you interested in serving your fellow members by shaping Credit Union policy? Submit an application to the Nominating Committee for nomination by October 31, 2021. Three directors will be elected by the membership in 2022. Directors serve on the Board on a volunteer basis for three-year terms.Qualifications for Board of Directors include the following:

• Be a member in good standing with FTWCCU.• Be at least 18 years old.• Be interested in working for the benefit of all members.• Be able to attend monthly scheduled and other special meetings.• Be willing to accept legal responsibility for the financial integrity of the Credit

Union and for its compliance with all federal and state regulations.

For an application or other information contact:Lisa Hogan, Executive SecretaryPO Box 210848 Bedford, Texas 76095-7848(817) 835-5202

Contact: (817) 835-5000 @ ftwccu@ftwccu.org ftwccu.org

(FTWCCU Information As of August 31, 2021 Total Assets.............. $ 1,175,475,299 Total Members............... 88,428

Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency

Young Saver Coloring Contest

Complaint Notice

Access Line of Credit Loans

Visit us at FTWCCU.org to learn more about our Young Savers Account.

Board of Directors Candidates

Kostas Luecker – Fort Worth Community Investments

Life Insurance Plays a Key Role in the Financial Planning Process

Today, life insurance is a key part of a solid financial plan. You can use life insurance to leave much-needed income to

your survivors, provide for your children’s education, pay off your mortgage, and simplify the transfer of assets. It can also be used to replace wealth lost due to the expenses and taxes that may follow your death, and to make gifts to charity at relatively little cost to you. There are two basic types of insurance: temporary and permanent, with many variations within each type.

Temporary (term) insuranceAs a general rule, people purchase term-insurance policies to insure their families for a given period of time, usually no longer than 15 to 20 years. For instance, term insurance is often purchased by homeowners carrying a mortgage or by parents of young children. Term insurance is also called pure insurance—it consists of a death benefit only. It’s inexpensive compared to other types of life insurance products.

Permanent insuranceIf your insurance needs are longer than approximately 20 years, it’s usually more cost effective to use a “permanent” life insurance policy. Whole life and universal life are common types of permanent life insurance. These types of products contain an investment component, and can allow you to accumulate savings on a tax-deferred basis. Some allow you to borrow against any cash value you have built up in the policy. There are many different types of life insurance products to fit your own personal needs and situation. Visiting with a professional financial planner can help you evaluate if any of these solutions are the right fit for your family.

Typical life insurance considerations at different life stages:

Age 30 Factors to consider in the early years: Young children High debt House mortgage Loss of income Children educations

Age 55Factors to consider in the later years: Children in college Lower debt Retirement income Simplify transfer of assets

That’s Life

Upon request, members of FTWCCU may review:balance sheet, income statement, summary of annual audit, form 990, articles of incorporation, bylaws, and Board policies.

Securities offered through LPL Financial, Member FINRA/SIPC. Not NCUA insured. May involve loss of principal. No credit union guarantee. Fort Worth Community Investments and Fort Worth Community Credit Union are not registered broker/dealers, nor affiliated with LPL Financial.

This 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 file a complaint against the credit union by contacting the Texas Credit Union Department at 914 East Anderson Lane Austin, Texas 78752-1699, Telephone Number: (512) 837-9236 Website: www.cud.texas.gov.

Jocelyn Paisley