October 2024 Newsletter

Mortgages to Meet Your Needs

Finding reliable mortgage information can sometimes be a challenge. We can help you figure out where to start! We offer mortgage products to meet your needs.¹ Ask about our fixed rate and new adjustable rate (ARM) options!

Lori Kellermann, NMLS #2479775

Mortgage Loan Officer,

Member Advantage Mortgage

(804) 406-4770

Get Details

Put your home equity to work for you!

Whether you’re renovating your home, financing education, or consolidating debt, one of our home equity options² could be the right solution for you. Contact us to discuss your options!

Renee Jordan

NMLS# 790376

(804) 452-0736 x140

[email protected]

Learn more

Available year-round!³

Fast $500

Loyalty $1,000

Apply Now

Protect Yourself From Scams

It’s important to stay aware of the many kinds of fraud that surround us. Several fraud schemes are highlighted here, but there are many more. Click the link at the bottom to read the full article!

Tax Scams

Most commonly, a scammer posing as an IRS agent calls you, using a threatening tone.

They claim you owe taxes and without immediate payment, there will be a warrant placed for your arrest.

Quick Tips: The IRS will never contact you by phone to demand funds. The IRS communicates in writing. If you received a letter from the IRS, verify the contact information on www.irs.gov and respond quickly if valid.

Romance and Sweetheart Scams

Often the fraudster makes an approach online through a dating website or social media. Recently divorced, widowed, or otherwise lonely individuals are often targeted. An “instant connection” is made and the relationship progresses rapidly. The fraudster may claim to be overseas on a business trip, volunteering abroad, or in the military.

Once trust is established, the person requests money to meet up with you, or for a charitable cause or emergency. You may be asked to drain your savings or pull from retirement accounts. Funds are often requested by wire or overnight delivery. They may also send you a check and request that you cash it on their behalf. Once the funds are received the fraudster may maintain contact in an attempt to obtain additional funds, or they may cease communication immediately.

Quick Tips: Be extremely cautious about sending money overseas, especially if you have never met the receiver in person. Talk to a trusted family member or friend about the situation.

Family Emergency Scams

You receive a phone call from someone claiming to be a relative. The caller expresses immediate danger in the form of incarceration, a hostage situation, accident, etc. They hope to initiate a fight-or-flight response that will cause you to react quickly and not think through the situation. Funds are requested immediately through wire transfer, overnight payment, or providing gift card information.

Quick Tips: Call or text your relative directly or reach out to another family member who can confirm they are safe. Don’t always trust caller ID or the incoming phone number. Phone numbers can be spoofed to appear to be coming from the actual source.

Read the full article

Holiday Solutions

Skip-A-Payment⁴

Need to take a break from your loan payments to allow for those extra holiday expenses? For just $25, you may be able to skip your December payment. Contact a loan officer for details, qualifications and restrictions.

Homebase CU Platinum Rewards Visa^® Card⁵

A Homebase CU Platinum Rewards Visa Card features the same low rate for purchases, balance transfers and cash advances. Plus, for every purchase, you earn rewards points⁶ redeemable for gift cards, travel, electronics, and other gifts.

Learn More

Christmas Club Payouts

Christmas Club members have been saving all year, and now’s the time to reap the benefits! Club payouts will be deposited into your share account in early November. If you haven’t tried a Christmas Club Account, now is a great time to join! With convenient payroll deduction, it’s easy and automatic!

Learn More

Holiday Closings

Columbus Day: Monday, October 14
Veterans Day: Monday, November 11
Thanksgiving: Thursday, November 28. Fort Gregg-Adams branch also closed November 29.
Christmas Day: Wednesday, December 25
New Years Day: Monday, January 1

All Holiday Closings

1) Certain restrictions may apply. All approvals subject to underwriting guidelines. Not all applicants will qualify. Member Advantage Mortgage LLC (MAM) is a subsidiary of CUSO Development Company (CDC) and an affiliate of Homebase Credit Union (NMLS #460966), who is also one of MAM’s owners. MAM is licensed by the Virginia State Corporation Commission, (License #MC-5045), NMLS ID #1557 (www.nmlsconsumeraccess.org).

2) Credit qualifications apply. Not all who apply will receive a loan. Membership eligibility required. Homebase Credit Union does not lend on mobile homes, co-ops or time-shares, properties that are currently listed on the market for sale, commercial property or property used for commercial purposes, even if a residence is part of the property, undeveloped property (land only), properties with multiple units.

3) Contact a Homebase CU Loan Officer for full details, terms and qualifications. Or visit https://www.homebasecu.org/loans/personal/no-credit-check-loans/

4) Interest will continue to accrue per terms of loan contract. Mortgages, credit cards, Fast $500 loans and Loyalty $1,000 loans not eligible.

5) Certain qualifications and credit criteria apply. Ask an associate for details. Membership eligibility required.

6) Earn rewards points for every dollar spent on purchases. Cash advances and transfers from other credit cards do not qualify for rewards points. Must register your account at uchooserewards.com to redeem points.