2019 Annual Meeting

YOU ARE INVITED TO OUR ANNUAL MEETING

When:
Tuesday, April 16th at 5:30pm until 7:00pm
(sign in from 5:00pm to 5:30pm)

Where:
The Berry Center
8877 Barker Cypress Rd
Cypress, TX 77433

Purpose:
Annual Reports and Board of Directors Election

Bonus:
Refreshments and Chances for Attendees to Win Prizes

 

FACEBOOK LIVE:
For those unable to attend, we will live stream the event on Facebook

CFFCU Special Dividend

CFFCU Special Dividend

(Over a Quarter of a Million Dollars)


Cy-Fair Federal Credit Union proudly announces a special dividend!

As a result of cost saving changes, improved efficiencies and consistently strong net worth, Cy-Fair FCU has paid out an additional dividend to the membership totaling over a quarter of a million dollars. Members will have received their share of the extra dividend in late March / early April added to their overall earned dividend. Individual payout amounts vary based on the deposit average each member maintains with Cy-Fair FCU.

 

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Six Ways to Use Your Tax Refund

Six Ways to Use Your Tax Refund

Don’t forget, taxes should be filed by April 15th. If you’re receiving a tax refund this year, the best uses of that refund are to pare down dept and bulk up your savings. For instance, you can:

  1. Open an emergency fund or add to your existing one.
    Aim to save enough to cover three to six months of expenses for those unexpected emergencies, like your car breaks down, your refrigerator dies, or you lose your job. Put your tax refund into a savings account opened specifically for these emergencies.
     
  2. Fund your IRA.
    You can make up to a $5,500 contribution ($6,500 if you're 50 or older) to a Roth or a traditional individual retirement account (IRA) for tax year 2018.
     
  3. Open a 529 plan.
    If you save for your child's college education in a 529 plan, you may get a tax deduction for your efforts. Visit SavingforCollege to find out more.
     
  4. Take a class to improve your career prospects.
    If you think you lack certain skills to get ahead in your career, use the refund to purchase classes to learn those skills. You may be able to deduct those expenses from your taxes using the Lifetime Learning Credit.
     
  5. Pay off debt.
    Use your refund to pay off any high-interest-rate credit card debt you may have. Try to pay off the debt in full so you can stop getting interest charges added to your balance every month.
     
  6. Start a Holiday Club account.
    This account lets you save for holiday spending year-round, so you don’t have to rely on credit cards in December. If your employer offers direct deposit, make saving even easier by having a set amount automatically deposited to this account.

 

 

 

Boost Curb Appeal to Help Sell Your Home

Boost Curb Appeal to Help Sell Your Home

If you're trying to sell your house, boosting its curb appeal can help make—or break—a sale. Tackling outdoor projects may seem daunting but starting with these tasks can help make your yard look fresh and inviting.
 

Mulch.
A fresh layer of mulch provides visual contrast and makes foliage and flowers more eye-catching. Mulch also keeps water in the soil and provides nutrients as it breaks down, keeping your plants healthier all year long.
 

Seal decks and fences.
All outdoor woodwork needs protection from elements. Seal with stain. Paint requires first scraping and sanding every time you need to refresh the area. Invest in premium oil-based stain—it will soak into the wood and minimize prep work for your next coat. Purchase stain that contains UV (ultraviolet) blockers to prevent sun damage to the wood.

Before staining, use a wood cleaner and a soft-bristled brush to remove dirt and mildew, or use a power washer, which you can rent for about $50 to $100 per day.
 

Touch up paint.
Peeling paint makes your house look neglected and lets UV light damage wood siding—making more paint come off and leading to a more extensive, expensive project. It's tempting to skimp and buy cheaper paint ($17 to $22 a gallon). Instead, splurge and purchase a more expensive paint ($30 to $48 a gallon). The high-quality pigments and binders in top-of-the-line paint make it last five or more years longer than economy products. Use water-based paint—it's easier to use and more environmentally friendly than oil-based products. But purchase oil-based primer to make the paint stick better.
 

Keep a well-manicured lawn.
Make sure to mow and edge the lawn on a regular basis, trim hedges, and plant flowers. If your yard doesn't look well-maintained, buyers will assume your home isn't either and drive on by.
 

Need financing?
If you're looking for a new home while trying to sell your current one, Cy-Fair FCU can help with all your financing needs. Stop by or call us today.