January 2025 Newsletter

Simplify and Save After the Holidays

Start the new year with a fresh financial outlook and reduced stress. Consolidate high-interest credit card debt with a Lifestyle Loan.¹

As the holiday season wraps up, you might feel overwhelmed by high-interest credit card debt. Consolidating balances to one loan may be the solution to start your new year off right.

Lower Interest Rates
Credit cards often have high interest rates, making debt repayment costly. Homebase CU’s Lifestyle Loan may offer lower rates, helping you save on interest and pay off debt faster.
Simplify Payments
Consolidating your credit card balances into one loan streamlines payments, making it easier to stay organized and avoid missed payments.
Boost Your Credit Score
Our Lifestyle Loan can lower your credit utilization ratio, demonstrating responsible debt management. This can improve your credit score, making future borrowing easier.
Reduce Financial Stress
Debt can feel overwhelming. Consolidation offers a clear path to repayment, reducing stress and allowing you to focus on your financial goals.

The chart below shows how just two high-rate credit card balances consolidated into a Lifestyle Loan yield big savings!

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System Upgrades Coming June 2025

Including new, improved online banking experience!

I’m thrilled to share that we’re working on a major system update to enhance your banking experience. This upgrade will take effect June 2, 2025, and include a new online banking platform, designed with your needs in mind—offering improved features, a modern design, and seamless functionality.

We’re excited about the opportunity to improve our processes both internally and for our members. We’re committed to making this transition as smooth as possible and will provide more details in the coming months. Thank you for trusting us as your financial partner.

Sincerely,

Clint Summers, CEO

$11,000 in Scholarships to Award!

We will award four merit-based scholarships to high school seniors within our membership! Applications will be available in mid-January at both branches and online. Students should complete and submit applications with letters of recommendation and transcripts by end of business Friday, March 14, 2025. Winners will be contacted in April.

Any high school senior who is a Homebase Credit Union member and entering into any area of study at a two- or four-year college/university, or pursuing a certificate or technical degree at a career or technical school is encouraged to apply. Four scholarships are available:

One (1) award of $5,000
Three (3) awards of $2,000 each

Details & Applications

Search our Enrich database with 18,000+ scholarships totaling over $197 million!
Get started at homebasecu.enrich.org/scholarships

More Than $50,000 Donated to the Community in 2024

Homebase proudly supports our community through education, volunteering, and donations. Throughout 2024, we provided giveaways for community events, led educational activities at schools and businesses, supported our military, offered webinars on financial topics, and donated to many worthy causes in our service area. Our monetary donations throughout 2024 totaled over $50,000. We love giving back to the communities where we and our members live and work.

Pictured below are several of our latest donations and activities. We look forward to many opportunities to serve our membership areas in 2025. Our online request form for donations or volunteer support is located at homebasecu.org/giving

Save on TurboTax^® and H&R Block^®2

Credit union members can get special savings this tax season. Whether you file on your own with TurboTax or get help from an H&R Block tax pro, you’re guaranteed to get your biggest possible refund.

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Mark These Upcoming Dates

HOLIDAY CLOSINGS:

New Years Day: January 1
Martin Luther King Jr. Day: January 20
Washington’s Birthday: February 17

1) Lifestyle Loans available at rates from 7.99% APR to 17.99% APR. 7.99% APR is applicable on a Lifestyle Loan for terms from 6-84 months. Terms up to 84 months available depending on amount borrowed. Advertised rate is current as of January 1, 2025, assumes excellent credit, and is subject to change. Credit qualifications apply. A loan example: $25,000 financed at 7.99% APR for 84 months gives a monthly payment of $391. This equates to $32,763 over the life of the loan. Membership required with a $25 minimum deposit and $1.00 membership fee.