February 2024 eNews
*Annual Percentage Rate. Equal Housing Lender. Federally Insured by the NCUA. HELOC is only available in MN & WI. Rates are based upon credit score.  
*Annual Percentage Yield (APY). New or existing money. $500 minimum investment. Rates are subject to change at any time. Penalty for early withdrawal. Federally insured by the NCUA. Equal Housing Lender.
We cordially invite all former board members to join us for the momentous 75th Annual Membership Meeting. Your presence would greatly enrich the celebration. Kindly reach out to the credit union if you are able to attend and partake in this special occasion.
Time & Money Saving Tools

Start the new year off on the right track with Toro Credit Union's low-fee (and no-fee!) services designed to save you time, money, and peace of mind, no matter your financial goals.

Enjoy the ease and convenience of a Toro Credit Union Checking Account with EZ Checking or Balance Plus Checking!

EZ Checking includes:

• No minimum balance
• Unlimited check writing and electronic payments
• No monthly service charge

Balance Plus Checking includes:

• Dividends paid on your balance
• No monthly service fee with a minimum balance
• Unlimited check writing and electronic payments
Card Services


ATM Card – over 25,00 surcharge-free locations


Holiday Savings Club Account

If you have never opened a Holiday Savings Club Account, now is a perfect time to open a NEW account!

Holiday Savings Example:
If you save $25 for the next 10 months, you will have $250.
If you save $50 for the next 10 months, you will have $500.
If you save $100 for the next 10 months, you will have $1,000.

Plus, Holiday Savings Accounts also pay dividends. Please contact the credit union to open a NEW Holiday Savings Club Account today.
Reminders for the New Year

Travel - Please notify us of your travel plans so that you don't experience any 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 who have a mortgage loan where at least $600 in interest was paid in 2023. 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, 2023. That information can be found on your year-end statement (December) or by logging in to It'sME247 Online Banking.

IRA Contributions - Contributions can be made to IRAs through April 15, 2024, for the 2023 tax year.

Privacy Policy is located on our website. 
eStatements

Get organized in the new year with fast, secure, and FREE eStatements. Watch this short video to learn how to enroll in eStatements and start receiving your monthly statements electronically.
Mark Your Calendar

Tuesday, April 23rd - 75th Annual Meeting of Toro Credit Union

Monday, May 27th - Closed for Memorial Day
CONNECT WITH US!

Lobby Hours: Monday - Friday 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
Lending Email: lending@torofcu.org

Federally insured by the NCUA.   Equal Housing Opportunity.