January 2025 eNews

 *Annual Percentage Rate. With approved credit. Not all applicants will qualify. Some restrictions may apply. Rates subject to change without notice. Contact the credit union for full details. Offer valid for a limited time only. Max loan amount is $20,000. Federally insured by the NCUA. Equal Housing Opportunity.

Contact Mark or Patrick today

to schedule your FREE Credit Check-Up!

Interested in Joining the Board of Directors?

Do you want to represent your fellow members and help shape the future of Toro Credit Union? If you’re ready to take on a leadership role, we’d love to hear from you!

Toro Credit Union is a member-owned, not-for-profit financial cooperative governed by a volunteer board of directors. These dedicated individuals give their time and expertise to ensure our members’ needs always come first.

If you’re interested in serving on the board, here’s what you need to know:

Eligibility Requirements:

• Be at least 18 years old
• Be a member in good standing with Toro Credit Union

How to Apply:

Submit your name, qualifications, and a brief biographical statement to the Nominations Committee by January 21, 2025.

Send your application to:

David Adams

The Toro Company

8111 Lyndale Ave S

Bloomington, MN 55420

Email: David.Adams@toro.com

You can also drop off your application at the credit union by the deadline.

Take this opportunity to make a difference for your credit union and its members!

Get Ahead with a Holiday Savings Club Account

There’s no better time to start preparing for next year’s holiday season! With a Holiday Savings Club Account, you can save a little each month and enjoy a stress-free holiday when it’s time to shop, travel, or celebrate.

Savings Made Simple:

• Save $25 a month for 10 months = $250
• Save $50 a month for 10 months = $500
• Save $100 a month for 10 months = $1,000

Small contributions now can make a big difference later!

Contact the credit union today to open your Holiday Savings Club Account and get started on your stress-free holiday savings journey.

Reminders for the New Year

Travel - Please notify us of your travel plans so that you don't experience interruptions when using your debit card.

Changes - If you recently moved, changed your phone number or address, or dropped your landline phone, please be sure to update your contact information with us. Please login to It'sME247 Online Banking to update your mailing address, email address, or telephone number.

Verify Account Information - Now is a great time to verify the information on your account(s) – address, phone number, joint members, beneficiaries, etc.

1098 Tax Forms - 1098 forms will be mailed in late January to members with a mortgage loan where at least $600 in interest was paid in 2024.1098 forms are not sent for interest paid on any other loans.

1099 Tax Forms - 1099 information will be added to the bottom of your year-end statement (December) for members who have earned more than $10 in interest over the past year on any checking, savings, or CD account.

IRA's Fair Market Value - Determine your IRA’s Fair Market Value for income tax time by totaling your IRA account balances as of Dec. 31, 2024. That information can be found on your year-end statement (December) or logging in to It'sME247 Online Banking.

IRA Contributions - Contributions can be made to IRAs through April 15, 2025, for the 2024 tax year.

Privacy Policy - Toro Credit Unio's privacy policy is located on our website. 

Try paying with Mobile Wallet this holiday! It's a safer way to pay!

Mobile Wallet payments are protected by multi-factor authentication, tokenization, and encryption, making it almost impossible for fraudsters to intercept funds during a transaction. Don't hesitate to contact the credit union if you need help setting up your Mobile Wallet.

The more you use your Toro Credit Union Debit Card,

the more chances you have to WIN! 

8 Monthly Winners: $50 SHAZAM Gift Card

1 Grand Prize Winner: $500 SHAZAM Gift Card

Go Paperless with eStatements!

Start the new year off right by getting organized with eStatements—a fast, secure, and free way to manage your account statements.

Enjoy the convenience of accessing your monthly statements anytime, anywhere, while reducing paper clutter and helping the environment.

Want to learn how to enroll? Watch this short video to see how simple it is to switch to eStatements and begin receiving your statements electronically.

Take control of your finances and stay organized—sign up for eStatements today!

Are you taking advantage of SavvyMoney? SavvyMoney is the only solution that provides you with comprehensive credit score reporting, monitoring, and detailed money-saving offers — all in one easy-to-use dashboard. Plus, it's FREE. Get started today!

Easy steps you can take to see if you or a loved one has fallen victim to identity theft are as simple as checking your monthly credit statements. See something you don’t recognize? Dispute the charges and report instances of identity theft immediately to IdentityTheft.gov. In addition, experts recommend reviewing your FREE credit report annually from AnnualCreditReport.com.

Mark Your Calendar

Wednesday, January 1st - Closed for New Year's Day

Tuesday, April 29th - Annual Meeting



8111 Lyndale Ave S.

Bloomington, MN 55420



Lobby Hours: Monday - Thursday, 8:30 am - 4 pm CST

Call Center Telephone Hours: Monday - Friday, 7 am - 8:30 am CST & 4 pm - 7 pm CST

Saturday, 7 am - 4 pm CST

Website: www.ToroFCU.org

MSR Email: memberservices@torofcu.org

Lending Email: lending@torofcu.org



Federally insured by the NCUA.   Equal Housing Opportunity.

Privacy Policy: Federal law requires us to tell you how we collect, share, and protect your personal information. Our privacy policy has not changed, and you may review our policy and practices concerning your personal information at www.ToroFCU.org, or we will mail you a free copy upon request if you call us at (800) 525-0051.