Your Community Bank's eNewsletter            January 2016
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Dear All,

As promised, our year is already off to a roaring start. We officially welcome and announce our 30-Year Home Mortgage Department and team. Read more about this exciting addition below.

And of course our new Durango branch is coming along nicely. Despite the weather's best efforts to delay our opening, we're still planning on opening that location in the first quarter of 2016.

Happy New Year, 
Sheila Mathews | President and CEO 
FCCB Community News
17th Annual A Taste of the Seasons
Four Corners Community Bank was again among the sponsors of A Taste of the Seasons, held at Four Seasons Greenhouse and Nursery in Cortez. Proceeds from ticket sales and the silent auction benefit Montezuma County United Way agencies. Over $15,000 was raised this year!

Read the Cortez Journal coverage of this event here.
Customer Corner  
Turning vision into reality.
A-1 Machine Inc. 
A-1 Machine Inc.'s President and CEO Roger Shay started banking with FCCB in 2002. Since then his sons, Sales Manager Brian Shay (right) and Office Manager Kelly Shay (left), have joined the team. "We can do anything that comes in the door as long as we have a print or a draft," said Roger. Read how they turn vision into reality along with FCCB's partnership here.
Upgraded and New Products: Coming soon
Stay tuned to TheBankForMe.com for complete
details on the following upgraded or new products launching soon:
  • Bill Pay upgrade
  • Mobile Deposit
  • QuickBooks Direct Connect
Customer Insight: 6 Ways to Boost Your Credit Score
The American Bankers Association offers the following tips to make sure you're building a healthy credit history:
  1. Request a copy of your credit report - and make sure it is correct. Your credit report illustrates your credit performance, and it needs to be accurate so that you can apply for other loans - such as a mortgage. Everyone is entitled to receive a free copy of his or her credit report annually from each of the three credit reporting agencies, but you must go through the Federal Trade Commission's website, annualcreditreport.com, or call 1.877.322.8228. Note that you may have to pay for the numerical credit score itself.
  2. Set up automatic bill pay. Payment history makes up 32 percent of your VantageScore credit score and 35 percent of your FICO credit score. The more you pay your bills on time, the better your score. Avoid missed payments by setting as many of your bills to automatic pay as possible.
  3. Keep balances low on credit cards and 'revolving credit.' Racking up big balances can hurt your scores, regardless of whether you pay your bills in full each month. You often can increase your scores by limiting your charges to 30 percent or less of a card's limit.
  4. Apply for and open new credit accounts only as needed. Keep this in mind the next time a retailer offers you 10 percent off if you open an account. However, if you need a new line of credit, don't jump at the first appealing offer; compare rates and fees offered through mail solicitation, on the internet, or at your local bank.
  5. Don't close old, paid-off accounts. According to FICO, closing accounts can never help your score and can in fact damage it.
  6. Talk to credit counselors if you're in trouble. Using legitimate, non-profit credit counseling can help you manage your debt and won't hurt your credit score. For more information on debt management, contact the National Foundation for Consumer Credit (nfcc.org).
Product Feature: FCCB Now Offers 30-Year Mortgages

 
Four Corners Community Bank
500 West Main Street, Suite 101 | Farmington, NM 87401
NM: 505.327.3222 | CO: 970.565.8421 | Toll free: 1.855.547.3222


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