Chaffey FCU Fall 2023 Newsletter
A Message From Diane
Hello Chaffey Members!
I would like to start my message this issue by thanking our recently retired board member, Shirley Gasparin, for her many years of service to Chaffey FCU. Shirley has served on both the credit union’s Supervisory Committee and Board of Directors, sitting on the Board for the last 20 years! As Shirley stepped away from the board, Dr. Terry Chase was appointed to fill her seat. Dr. Chase has been a member of the credit union for over 10 years; he brings his experience as a business owner and CFO to our Board of Directors to help guide Chaffey FCU in our ongoing strategic efforts.
I invite any of our members who are interested in serving on the credit union’s Board of Directors or Supervisory Committee to visit our website to learn more about these roles and/or express your interest.
As the fall season begins, I (like many of you) am beginning to think about the upcoming holidays and how I am going to budget this year, especially when I have student loan payments starting up again in October. Winter is one of the most expensive seasons of the year, and the added burden of student loan payments may cause some of us to rethink our spending plans. I encourage you to take the time to look through your budget, talk with your family members, and make prudent decisions with your finances. The staff at Chaffey FCU is here to work with you if you need tips on how to budget your holiday cash.
In addition to being expensive, the holiday season is when you are likely to see increased scam attempts to steal your hard-earned money. While older adults (ages 70-79) tend to lose higher dollar amounts with these scam attempts, young adults (ages 20-29) fall victim more often [1]. Please do not click on any text message links or open e-mails from a source that you are not expecting. Chaffey FCU will never ask you to confirm personal or account details by e-mail or text.
This year has gone by so quickly, it is hard to believe that we are now in fall! In just a few short months, Chaffey FCU will celebrate our 60th anniversary. We would not be here if not for you, our members…thank you for putting your trust in us! Be on the lookout for celebration announcements coming in early January 2024.
As always, thank you for your membership.
Diane Kotlewski
President/CEO
[1] https://www.cnbc.com/2023/03/01/ftc-fraud-cost-consumers-8point8-billion-in-2022.html
Welcoming Back Educators with some Autumn Appreciation
At the beginning of the new school year, we took some time to honor our local educators from Bonita High School, Upland Unified School District, Ontario High School, and Pioneer Junior High with back-to-school breakfasts and luncheons.
It was a joy to host these appreciation events to encourage and support our local teachers and education staff as they kick off the 2023-2024 school year. Cheers to a fantastic year ahead!
Is a Home Remodel on Your Wishlist?
Planning some renovations in time for the holiday season? Whether you’re looking to finally upgrade your kitchen or add an ADU to your property, you can finance your projects with a home equity line of credit from Chaffey FCU.
Apply for a Chaffey FCU HELOC and get an introductory rate of 6% APR*. Our close rate is faster than the average bank, so you can finance your project in a few weeks—just in time for the holidays!
*Annual Percentage Rate. Advertised rate quoted as of 9/25/2023 is a fixed rate for the first 12 months. Estimated payment is $7.17 per month for every $1,000 borrowed at 6.00% APR, and $8.35 per month for every $1,000 borrowed at 8.00% APR. Rates, terms, and conditions are subject to change without notice. Minimum advance of $5,000 required at inception. Finance charges start the date of your first advance. After the 12 month introductory period, the rate will default to a variable rate from 8.00% APR to 11.00% APR based on Prime + Margin at that time. Other fees and restrictions apply. Annual fee of $50 waived with direct deposit or automatic payment transfer from a CFCU account or payroll deduction. HELOC available on single family, owner occupied, primary residences and property must be located in California. Loan subject to credit approval. Please consult your tax advisor to determine tax deduction eligibility. Federally insured by the NCUA.
Celebrating International Credit Union Day by Celebrating You
As we celebrate the 75th annual International Credit Union Day this month, we remain committed to serving our communities, which wouldn’t be possible without the continued support of you—our members. It is an honor to be a part of this global movement of financial inclusion and well-being for people all over the world.
Through initiatives like our Bite of Reality® program and quarterly seminars, we strive to empower all our members with personalized financial guidance and resources. That’s what a credit union is all about!
To show our gratitude and appreciation, we’re offering an exclusive member discount. On October 19, you will receive an email on how to take advantage of one of these special savings opportunities:
Loan Discount: Receive a 0.25% discount on your next Auto or Personal Loan. Receive an auto loan rate as low as 5.09% APR*!
Share Certificate Bump: Receive a 0.25% increase on any new term share certificate. Earn a rate as high as 5.09% APY**!
For any questions, stop by any branch or call our team at (833) 282-1033. Happy International Credit Union Day!
We have a special treat for you!
Come into any Chaffey location on October 19 to receive a free cookie from The Freaky Cookie.
While supplies last. Limit 1 per member.
*APR: Annual Percentage Rate. Advertised rate quoted as of 10/02/23, estimated payment is $23.07/month per $1,000 borrowed at 5.09% for 48 months. Promotional rate discount of 0.25% available 10/19/23 - 10/31/23. Receival of email promotion does not signify a firm offer of credit; loan subject to approval and income verification. Loans must be new; current loans cannot be refinanced to receive promotional rate discount. Rates are subject to change without notice. Other rates and terms available.
**APY: Annual Percentage Yield. APY accurate as of 9/26/23. Rates are subject to change at any time and are not guaranteed. Promotional rate bump available on new certificates opened from 10/19/23 - 10/31/23; renewing/rollover certificates are not eligible. Limit one (1) certificate rate bump per Member. Rates shown for platinum Members; all other Rewards Levels at chaffey.com/savings-rates. Penalty for early withdrawal may apply. Minimum Deposit of $1,000 required. Savings insured to at least $250,000 by NCUA. Additional coverage of $250,000 is provided by American Share Insurance, Inc.
The Holidays Are Almost Here!
Here’s How to Stretch Those Dollars
Does your budget go out the window in favor of holiday cheer? You’re not alone. We have tips to help you curb your spending without sacrificing the fun. Here’s a sneak peek at a few tips:
Start now: Make your lists and shop the sales to avoid the holiday rush.
Draw names: Splurge on one big gift instead of spreading yourself (and your budget) too thin.
Get creative: Thoughtful gifts are worth more than big-budget items. Consider homemade or smaller, heartfelt presents.
There’s plenty more where that came from! Take a look at our top holiday savings tips.
Here’s Your Chance to Make a Difference
Members like you chart our course by volunteering for our Board of Directors and Supervisory Committee. Become a guiding member of our credit union. Put your interest in finance to good use for your community!
If you’d like to volunteer for either group or have questions, email chaffeymail@chaffey.com.
Meeting with your Chaffey team just got a whole lot easier. You can now schedule appointments online at your convenience. Both English & Spanish-speaking services are available.
In just a few clicks, you can schedule an appointment to:
And More!
No more waiting in line or on hold – simply make an appointment, and we'll be ready to help you at your scheduled time.
Chaffey FCU Branch Locations
Rancho Cucamonga
11563 Foothill Blvd #101
Rancho Cucamonga, CA 91730
Upland
1024 W. Foothill Blvd.
Upland, CA 91786
West Covina
2333 S. Azusa Ave.
West Covina, CA 91792