Fort Worth Community Credit Union

P.O. Box 210848Bedford, Texas 76095-7848

October 2015 Member Newsletter

Board of Directors

W. Leighton Waters, Chairman

Marcella Banks, Vice-Chair

Henry Christiansen, Secretary/Treasurer

Bennie Cruz

Janice Graczyk

Neal Oliver

Herbert Sims

Stan Spivey

Tomas Tijerina

Mike Talbot, Director Emeritus

Audit Committee

Michael Clardy, Chairman

Charles Redding

Tunisia Sadruddin

Senior Management

Richard Howdeshell, President/CEO

Michael Franko, SVP Finance

Kyle Koke, SVP Lending

Diane Dorsey, VP Operations

Rochelle Drake, VP Marketing

Tammy Trudelle, VP Human Resources

Marc Rhodes, VP Support Services

Carl Auzenne, VP Information Technology

Member Information Phone Center

(817) 835-5000

(800) 817-8234

Monday - Friday 7:30am - 6:00pm

Saturday 9:00am - Noon

Email: ftwccu@ftwccu.org

Website: www.ftwccu.org

24 Hour “ART” Audio Response Phone Line

(817) 835-5050 Local

(817) 318-4901 Metro

(800) 817-8235

Job Line

(817) 835-5255

Upcoming FTWCCU Holidays

Columbus Day Closed Monday, October 12th Veteran’s DayClosed Wednesday, November 11th Thanksgiving DayClosed Thursday, November 26th Christmas DayClosed Friday, December 25th

Fort Worth Community Credit Union

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.

Upon request, members of FTWCCU may review:balance sheet, income statement, summary of

annual audit, form 990, articles of incorporation, bylaws, and Board policies.

* Rates as low as 7.90% APR. APR=Annual Percentage Rate. Special “as low as” rate quoted with payroll paid payments. Offer ends December 31, 2015. Quoted rates are subject to change without notice. Normal credit granting criteria applies. All loans are subject to approval. Certain restrictions may apply.

Enjoy Every Moment of the Season with a Holiday Fast Cash Loan

FTWCCU Information As of August 31, 2015

Total Assets.................................... $826,390,605Total Members......................................... 79,509

Your new chip card provides an extra level of security and is easy to use.

Step 1: With the front facing up, insert your card into the ATM or in-store terminal. Do not remove your card until the transaction is complete. Then follow the on-screen instructions.

Step 2: You may be required to enter your PIN or sign the sales receipt to complete your purchase.

Step 3: When the transaction is complete, always remember to remove your card.

It is important to always try the new method first because it is more secure. If the merchant/retailer does not have the chip card capability, then use the traditional-swipe method.

To learn more about the new chip cards, visit www.ftwccu.org.

Your savings federally insured to at least $250,000and backed by the full faith and credit of the United States Government

National Credit Union Administration, a U.S. Government Agency

NCUAYour 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

Carry the security and convenience of the new FTWCCU chip card, available for both credit and debit.

As of right now, we are in the process of issuing all members with a FTWCCU MasterCard Debit Card a new debit card with a chip. A chip card is a credit or debit card with a traditional magnetic stripe and an embedded microchip for added security. The embedded microchip provides unique data specific to your card and the transaction being processed every time you use it at chip-enabled ATMs or terminals. By using this new techonology, you are better protected from fraudulent use.

Chip cards are issued with a chip on the front of the card and the familiar magnetic stripe on the back of the card so you can continue using your card at ATMs and point-of-sale terminals while merchants in the U.S. are transitioning to the new terminals.

The New FTWCCU Chip Card is Here

Can you believe it’s that time of year again? It seems like only yesterday that school was starting. The holiday season keeps getting closer and closer, but what if your wallet isn’t quite ready for the expenses that accompany the holidays? As always, Fort Worth Community Credit Union is here for you.

Make the holidays festive and bright with a Holiday Fast Cash Loan from Fort Worth Community Credit Union! It’s a little extra cash to put the finishing touches on your holiday plans. Use it for anything – gifts, travel, or even home décor.

From October 1 through December 31, you can apply for a Holiday Fast Cash Loan – a personal loan of up to $15,000 that you can use to take care of all of your holiday needs.

With 12 months to repay the loan at a special rate as low as 7.9% APR*, a Holiday Fast Cash loan gives you more flexibility and lower rates than other alternatives like your credit card. We’ll make the process quick and easy, with the friendly personal service you deserve.

Apply for a Holiday Fast Cash Loan today! Apply online at www.ftwccu.org, call (817) 835-5000, or apply in person at any Fort Worth Community Credit Union location.

7.9%APR

up to $15,00012 months to RePAy

As low As*

What is the Difference Between a Traditional and Roth IRA?

Board of Directors Candidates

There are some key differences between these two types of individual retirement accounts (IRAs). While the contribution limits are the same for both, each has its own specific rules and potential benefits (see table below).

It’s important to review both types of vehicles and plan your IRA strategy carefully. No matter which type you choose, make the most of your IRA by contributing to it regularly.

*Distributions made prior to age 59½ may be subject to a 10% additional federal tax.

Contribution limits?

Contributions made with pre-tax or after-tax dollars?

Contributions tax deductible?

Tax-free distributions?

Required minimum distributions (RMDs) after age 70½?

Contributions after age 70½?

Types of investments allowed?

Traditional IRA

For 2015, the maximum contribution is $5,500 ($6,500 for those aged 50 and older). Amounts are indexed annually for inflation.

Pre-tax or after-tax.

Yes, if the account holder does not already participate in an employer-sponsored retirement plan. Otherwise, the account holder must earn under the income thresholds set by the IRS. For 2015, a full deduction is allowed for single filers who earn less than $61,000 and joint-filing married couples who earn less than $98,000. Partial deductions are allowed for single filers earning between $61,000 and $71,000, and joint-filing married couples earning between $98,000 and $118,000. Not allowed. Distributions from a traditional IRA are taxed as ordinary income.*

Yes, traditional IRAs are subject to RMDs, which require account holders to take annual distributions from the account after age 70½.

Not allowed.

A wide variety of options (including mutual funds, stocks, bonds, CDs, and ETFs), depending on the financial institution.

Roth IRA

For 2015, the maximum contribution is $5,500 ($6,500 for those aged 50 and older). Amounts are indexed annually for inflation.

After-tax only.

No, Roth IRA contributions are not tax deductible.

Allowed, provided the account owner is at least age 59½ and has held the account for at least 5 years.*

Not required.

Allowed, provided the account holder has earned income.

A wide variety of options (including mutual funds, stocks, bonds, CDs, and ETFs), depending on the financial institution.

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, 2015. Three directors will be elected by the membership in 2016. 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: Debbie Wilson, Executive Secretary PO Box 210848 Bedford, Texas 76095-7848 (817) 835-5202

International Credit Union Day - People Helping People

Talk About Savings! The Sprint Credit Union Member Discount

How would you like valuable savings on monthly wireless data bills– plus waived activation and upgrade fees? You get all that and more thanks to FTWCCU and Sprint’s Credit Union Member Discount.

Members•Geta10%discountonselectregularlypricedSprint monthly data service •Haveyouractivationfeeonnewlineswaived($36savings)•Haveyourupgradefeewaived($36savings)•MentionCorporateID:NACUC_ZZM

Credit Union Member VerificationVerification is easy and only takes a few minutes to complete. There are four ways to verify your credit union membership:

1. Free Love My Credit Union Rewards App for Android and/or iPhone.•iPhoneusersfinditattheAppleAppStore.•AndroidusersfindtheappinGooglePlay.•Searchfor“LoveMyCreditUnionRewards.”•Youwillbepromptedtoblackoutallconfidential information within the app. 2. Fill out and fax the Sprint Verification Form (http://www.lovemycreditunion.org/sprint) and supporting documents to the Sprint Corporate Accounts: (913) 523-1987 or toll free: (877) 687-8211. 3. Visit www.Sprint.com/verify from a mobile device. 4. Sign up for Sprint’s Auto Pay using your credit union checking account or credit union debit/credit card: http://www.sprint.com/.

Start saving with Sprint today!

Why do 217 million people worldwide choose credit unions? Because credit unionshavea“people-first”philosophythat impels them to constantly improve the communities and lives of their members. On October 15, 2015, join credit union members around the globe

in celebrating International Credit Union Day® and experience the credit union difference.

Visit any FTWCCU Office on October 15th and celebrate with your fellow member owners!

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.

Security: Internet SafetyeCriminals leave no fingerprints!

The Internet has indisputably changed the face of business, becoming extremely popular with consumers and merchants alike. Unfortunately though, the Internet has also become a favorite tool of criminals who operate within the anonymity and secrecy of the Web. FTWCCU suggests that you familiarize yourself with these basic safety practices.

Check out online merchants before shoppingLook over the site carefully, and take time to read the Privacy Policy. It should be prominently displayed and should clearly tell you whether or not the company collects your information, how that information is collected, and how it may be used. Whenever you have the opportunity, you should opt-out of third-party information sharing.

Another key element of a safe shopping site is the Better Business Bureau’s BBBOnLine icon. If you click on the icon, it should link you to the BBB site. This will tell you that the company is a member of their local Better Business Bureau, having pledged to uphold the standards of the BBB and live up to their promises.

Protect your personal informationIt’s easy to become overwhelmed with passwords and user names if you use the Internet often. Common sense dictates that you shouldn’t write down your passwords, just as you don’t write down your PIN. Don’t choose passwords that would be easy for someone else to acquire. For instance, your mother’s maiden name, your Social Security number and your birth date are three pieces of information that you should avoid using. There are plenty of words and numbers that would be easy for you to remember, but nearly impossible for another person to guess or even consider. Think of something unique that will streamline your Internet usage and protect your privacy.

Keep a record of your Internet transactions to help you review your monthly statements. If you monitor your accounts each month, you will be much more apt to spot any inaccuracies that could indicate the fraudulent use of your account numbers. Another way to help simplify your record-keeping is to use only your FTWCCU Credit Card for all your Internet purchases. This means you’ll only have one account number floating around in cyberspace, and it should help simplify your recordkeeping.

The Internet is a valuable resource, but it must be used with care. If you suspect that the security of your card has been compromised, stop using the card immediately and contact FTWCCU. With knowledge, caution and common sense, you should be able to explore and enjoy the limitless possibilities offered online.

Congratulations to Jocelyn, age 9, and Parker, age 7- winners of our Young Savers Birthday Card Coloring Contest. Both drawings will be featured on FTWCCU’s Birthday cards for 2016. They both received a family fourpackofticketstotheFortWorthZoofortheirwinningdesigns.

Birthday Card Design Winners

Jocelyn

Parker

What is the Difference Between a Traditional and Roth IRA?

Board of Directors Candidates

There are some key differences between these two types of individual retirement accounts (IRAs). While the contribution limits are the same for both, each has its own specific rules and potential benefits (see table below).

It’s important to review both types of vehicles and plan your IRA strategy carefully. No matter which type you choose, make the most of your IRA by contributing to it regularly.

*Distributions made prior to age 59½ may be subject to a 10% additional federal tax.

Contribution limits?

Contributions made with pre-tax or after-tax dollars?

Contributions tax deductible?

Tax-free distributions?

Required minimum distributions (RMDs) after age 70½?

Contributions after age 70½?

Types of investments allowed?

Traditional IRA

For 2015, the maximum contribution is $5,500 ($6,500 for those aged 50 and older). Amounts are indexed annually for inflation.

Pre-tax or after-tax.

Yes, if the account holder does not already participate in an employer-sponsored retirement plan. Otherwise, the account holder must earn under the income thresholds set by the IRS. For 2015, a full deduction is allowed for single filers who earn less than $61,000 and joint-filing married couples who earn less than $98,000. Partial deductions are allowed for single filers earning between $61,000 and $71,000, and joint-filing married couples earning between $98,000 and $118,000. Not allowed. Distributions from a traditional IRA are taxed as ordinary income.*

Yes, traditional IRAs are subject to RMDs, which require account holders to take annual distributions from the account after age 70½.

Not allowed.

A wide variety of options (including mutual funds, stocks, bonds, CDs, and ETFs), depending on the financial institution.

Roth IRA

For 2015, the maximum contribution is $5,500 ($6,500 for those aged 50 and older). Amounts are indexed annually for inflation.

After-tax only.

No, Roth IRA contributions are not tax deductible.

Allowed, provided the account owner is at least age 59½ and has held the account for at least 5 years.*

Not required.

Allowed, provided the account holder has earned income.

A wide variety of options (including mutual funds, stocks, bonds, CDs, and ETFs), depending on the financial institution.

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, 2015. Three directors will be elected by the membership in 2016. 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: Debbie Wilson, Executive Secretary PO Box 210848 Bedford, Texas 76095-7848 (817) 835-5202

International Credit Union Day - People Helping People

Talk About Savings! The Sprint Credit Union Member Discount

How would you like valuable savings on monthly wireless data bills– plus waived activation and upgrade fees? You get all that and more thanks to FTWCCU and Sprint’s Credit Union Member Discount.

Members•Geta10%discountonselectregularlypricedSprint monthly data service •Haveyouractivationfeeonnewlineswaived($36savings)•Haveyourupgradefeewaived($36savings)•MentionCorporateID:NACUC_ZZM

Credit Union Member VerificationVerification is easy and only takes a few minutes to complete. There are four ways to verify your credit union membership:

1. Free Love My Credit Union Rewards App for Android and/or iPhone.•iPhoneusersfinditattheAppleAppStore.•AndroidusersfindtheappinGooglePlay.•Searchfor“LoveMyCreditUnionRewards.”•Youwillbepromptedtoblackoutallconfidential information within the app. 2. Fill out and fax the Sprint Verification Form (http://www.lovemycreditunion.org/sprint) and supporting documents to the Sprint Corporate Accounts: (913) 523-1987 or toll free: (877) 687-8211. 3. Visit www.Sprint.com/verify from a mobile device. 4. Sign up for Sprint’s Auto Pay using your credit union checking account or credit union debit/credit card: http://www.sprint.com/.

Start saving with Sprint today!

Why do 217 million people worldwide choose credit unions? Because credit unionshavea“people-first”philosophythat impels them to constantly improve the communities and lives of their members. On October 15, 2015, join credit union members around the globe

in celebrating International Credit Union Day® and experience the credit union difference.

Visit any FTWCCU Office on October 15th and celebrate with your fellow member owners!

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.

Security: Internet SafetyeCriminals leave no fingerprints!

The Internet has indisputably changed the face of business, becoming extremely popular with consumers and merchants alike. Unfortunately though, the Internet has also become a favorite tool of criminals who operate within the anonymity and secrecy of the Web. FTWCCU suggests that you familiarize yourself with these basic safety practices.

Check out online merchants before shoppingLook over the site carefully, and take time to read the Privacy Policy. It should be prominently displayed and should clearly tell you whether or not the company collects your information, how that information is collected, and how it may be used. Whenever you have the opportunity, you should opt-out of third-party information sharing.

Another key element of a safe shopping site is the Better Business Bureau’s BBBOnLine icon. If you click on the icon, it should link you to the BBB site. This will tell you that the company is a member of their local Better Business Bureau, having pledged to uphold the standards of the BBB and live up to their promises.

Protect your personal informationIt’s easy to become overwhelmed with passwords and user names if you use the Internet often. Common sense dictates that you shouldn’t write down your passwords, just as you don’t write down your PIN. Don’t choose passwords that would be easy for someone else to acquire. For instance, your mother’s maiden name, your Social Security number and your birth date are three pieces of information that you should avoid using. There are plenty of words and numbers that would be easy for you to remember, but nearly impossible for another person to guess or even consider. Think of something unique that will streamline your Internet usage and protect your privacy.

Keep a record of your Internet transactions to help you review your monthly statements. If you monitor your accounts each month, you will be much more apt to spot any inaccuracies that could indicate the fraudulent use of your account numbers. Another way to help simplify your record-keeping is to use only your FTWCCU Credit Card for all your Internet purchases. This means you’ll only have one account number floating around in cyberspace, and it should help simplify your recordkeeping.

The Internet is a valuable resource, but it must be used with care. If you suspect that the security of your card has been compromised, stop using the card immediately and contact FTWCCU. With knowledge, caution and common sense, you should be able to explore and enjoy the limitless possibilities offered online.

Congratulations to Jocelyn, age 9, and Parker, age 7- winners of our Young Savers Birthday Card Coloring Contest. Both drawings will be featured on FTWCCU’s Birthday cards for 2016. They both received a family fourpackofticketstotheFortWorthZoofortheirwinningdesigns.

Birthday Card Design Winners

Jocelyn

Parker

Fort Worth Community Credit Union

P.O. Box 210848Bedford, Texas 76095-7848

October 2015 Member Newsletter

Board of Directors

W. Leighton Waters, Chairman

Marcella Banks, Vice-Chair

Henry Christiansen, Secretary/Treasurer

Bennie Cruz

Janice Graczyk

Neal Oliver

Herbert Sims

Stan Spivey

Tomas Tijerina

Mike Talbot, Director Emeritus

Audit Committee

Michael Clardy, Chairman

Charles Redding

Tunisia Sadruddin

Senior Management

Richard Howdeshell, President/CEO

Michael Franko, SVP Finance

Kyle Koke, SVP Lending

Diane Dorsey, VP Operations

Rochelle Drake, VP Marketing

Tammy Trudelle, VP Human Resources

Marc Rhodes, VP Support Services

Carl Auzenne, VP Information Technology

Member Information Phone Center

(817) 835-5000

(800) 817-8234

Monday - Friday 7:30am - 6:00pm

Saturday 9:00am - Noon

Email: ftwccu@ftwccu.org

Website: www.ftwccu.org

24 Hour “ART” Audio Response Phone Line

(817) 835-5050 Local

(817) 318-4901 Metro

(800) 817-8235

Job Line

(817) 835-5255

Upcoming FTWCCU Holidays

Columbus Day Closed Monday, October 12th Veteran’s DayClosed Wednesday, November 11th Thanksgiving DayClosed Thursday, November 26th Christmas DayClosed Friday, December 25th

Fort Worth Community Credit Union

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.

Upon request, members of FTWCCU may review:balance sheet, income statement, summary of

annual audit, form 990, articles of incorporation, bylaws, and Board policies.

* Rates as low as 7.90% APR. APR=Annual Percentage Rate. Special “as low as” rate quoted with payroll paid payments. Offer ends December 31, 2015. Quoted rates are subject to change without notice. Normal credit granting criteria applies. All loans are subject to approval. Certain restrictions may apply.

Enjoy Every Moment of the Season with a Holiday Fast Cash Loan

FTWCCU Information As of August 31, 2015

Total Assets.................................... $826,390,605Total Members......................................... 79,509

Your new chip card provides an extra level of security and is easy to use.

Step 1: With the front facing up, insert your card into the ATM or in-store terminal. Do not remove your card until the transaction is complete. Then follow the on-screen instructions.

Step 2: You may be required to enter your PIN or sign the sales receipt to complete your purchase.

Step 3: When the transaction is complete, always remember to remove your card.

It is important to always try the new method first because it is more secure. If the merchant/retailer does not have the chip card capability, then use the traditional-swipe method.

To learn more about the new chip cards, visit www.ftwccu.org.

Your savings federally insured to at least $250,000and backed by the full faith and credit of the United States Government

National Credit Union Administration, a U.S. Government Agency

NCUAYour 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

Carry the security and convenience of the new FTWCCU chip card, available for both credit and debit.

As of right now, we are in the process of issuing all members with a FTWCCU MasterCard Debit Card a new debit card with a chip. A chip card is a credit or debit card with a traditional magnetic stripe and an embedded microchip for added security. The embedded microchip provides unique data specific to your card and the transaction being processed every time you use it at chip-enabled ATMs or terminals. By using this new techonology, you are better protected from fraudulent use.

Chip cards are issued with a chip on the front of the card and the familiar magnetic stripe on the back of the card so you can continue using your card at ATMs and point-of-sale terminals while merchants in the U.S. are transitioning to the new terminals.

The New FTWCCU Chip Card is Here

Can you believe it’s that time of year again? It seems like only yesterday that school was starting. The holiday season keeps getting closer and closer, but what if your wallet isn’t quite ready for the expenses that accompany the holidays? As always, Fort Worth Community Credit Union is here for you.

Make the holidays festive and bright with a Holiday Fast Cash Loan from Fort Worth Community Credit Union! It’s a little extra cash to put the finishing touches on your holiday plans. Use it for anything – gifts, travel, or even home décor.

From October 1 through December 31, you can apply for a Holiday Fast Cash Loan – a personal loan of up to $15,000 that you can use to take care of all of your holiday needs.

With 12 months to repay the loan at a special rate as low as 7.9% APR*, a Holiday Fast Cash loan gives you more flexibility and lower rates than other alternatives like your credit card. We’ll make the process quick and easy, with the friendly personal service you deserve.

Apply for a Holiday Fast Cash Loan today! Apply online at www.ftwccu.org, call (817) 835-5000, or apply in person at any Fort Worth Community Credit Union location.

7.9%APR

up to $15,00012 months to RePAy

As low As*