Free Dinner and Educational Seminar with our Financial and Retirement Planners

Hercules First Federal Credit Union invites all our members to take advantage of the Financial Advisors on our team. Our highly qualified financial planners offer free consultation for retirement, asset protection and any other financial planning service.

Two Free Dinners and Financial Seminars

We will be holding two free dinners and financial seminars in September 2018.

When?

1st Seminar

Wednesday, September 12, 2018. Dinner starts at 6:00 p.m. followed by a brief presentation

2nd Seminar

Wednesday, September 19, 2018. Dinner starts at 6:00 p.m. followed by a brief presentation

Come join us for dinner at our main office, 3141 West 4700 South, Taylorsville, meet our financial advisors and have your questions answered. Space is limited so complete the form below or call Cammie at 801-968-9011 and reserve your spot today! If neither of these dates work for your schedule, you should still call. Let us schedule you at a more convenient time.

Investment Advisory Service offered on a fee basis through Solitude Wealth Advisors, LLC, a Register Investment Advisor. Not (FDIC/NCUSIF) Insured. Not a depository. No (Bank/CU) Guarantee. May lose value. Not Insure by any Federal Goverment Agency.

Complete this form to RSVP Today

Navigating our Updated Website

Watch for Updates to Our Website Coming September 2018

In an effort to stay current and keep up with all the changes we’re seeing these days, our website is getting updated this September.  This update is to simplify our site and make it easily accessible and more informative.

The following is a preview of our new home page and where you can find the “login” button to get to home banking.

Other Information

You can always click on our logo in the upper left hand corner to go back to the home page. The magnifying glass on the right of the menu is for searching our site.

All pages are listed in the drop down menu. You can access the menu by hovering over each item.

Most everything else should be easy to follow. Thanks for doing business at Hercules First Federal Credit Union. Please let us know if you have any suggestions on how we can improve our site.

Open Houses

This week and last week Hercules FFCU held three open houses at each of our branches to welcome new members from Federal Family FCU.

Some things members should know.

Loans and Transactions at all Branches

1. There are now three Hercules Credit Union branches. Taylorsville, Riverton and in the Federal Building.
2. It is now possible for FFFCU members to make loans and transactions at all branches.

Back Office

1. We’re working to eventually merge Federal Family FCU’s back office.
2. For now, all Federal Family FCU credit cards and checks will continue to work without interruption. Eventually, everything will be converted to “Hercules First Federal Credit Union’s” name and logo.

We recently merged Federal Family Federal Credit Union and are excited about the opportunity to provide their members the great products and services that we currently offer our members. In addition, we have an additional branch located in the Federal Building downtown.

Merger Specials

With our merger we’d like to offer members a couple specials to start things off on the right foot.

Step Up Savings Certificate Special

You can’t lose with a “Step-Up.” Take advantage of these great rates and if rates go up you’re allowed one “Step-Up” to the current rate during the term of the certificate. And if rates go down? Even better, you’re locked into a good rate for the entire term.

5 Year Certificate 2.83% APY

Auto Loan Special – Great Rate and up to $500 Cash Back!

Get a great rate on a direct auto loan and we’ll pay you 1% of the loan amount up to $500 for bringing us the loan. If the dealer sold your loan to another financial institution no problem, come by, and we can generally give you a better rate and you may well be $500 richer.

Open Houses and Branches

Open House – Meet and Greet

We’re planning an Open House at each of our three offices in July. Stop by and say hello to old and new friends. We’ll have some refreshments and a few “giveaways .”
Taylorsville Office: 5 p.m. – 7 p.m. – July 11th.
Riverton Office: 5 p.m. – 7 p.m. – July 12th.
Federal Building: 4 p.m. – 6 pm. – July 18th.

Hercules First Federal Credit Union
Taylorsville Main Office

3141 West 4700 South, Salt Lake City, UT 84129
Phone: 1-801-968-9011
Fax: 1-801-966-8852
Lobby Hours: Monday-Friday 9:00 a.m. to 5:30 p.m.
Drive Up Hours: Monday and Friday 9:00 a.m. to 6:00 p.m. and Saturday 9:00 a.m. to 1:00 p.m.
ATM: Member CO-OP ATMs. Go to https://herculescu.com/financial-services/atm-near-me/ to find the one nearest you.

Riverton Branch

1543 West 12600 South, Riverton, UT 84065
Phone: 1-801-968-9011
Fax: 1-801-966-8852
Lobby Hours: Monday-Friday 9:00 a.m. to 5:30 p.m.
ATM: Member CO-OP ATMs. Go to https://herculescu.com/financial-services/atm-near-me/ to find the one nearest you.

Salt Lake City Office (Federal Family FCU)

125 South State Street, Room #2205, Salt Lake City, UT 84138-1129
Phone: 1-801-364-5717
Toll Free: 1-888-574-2219
Fax: 1-801-364-0815
Lobby Hours: Monday-Friday 9:00 a.m. to 5:00 p.m.
ATM: Yes

In Honor of Fathers We’re Giving a .25% Discount to all Fathers in June! 

Thanks Dad! Mention this ad and you’ll get .25% off the loan rate you qualify for, on Autos and RV loans, for the entire month of June. See rates.

Tax Reform? Does it affect IRAs?

According to Forbes, “despite lots of noise leading up to the passage of the tax reform bill, retirement planning was left mostly alone.”

So, no worries!

If you owe taxes this year an IRA is still the best way to defer taxes.

Your taxes may have increased for a number of reasons: capital gains, a two income family, a raise, sales commissions or a number of other reasons that put you in a high income bracket.

A good strategy is still to use a traditional IRA to defer part of your taxes. If you’re over 50, you can defer up to $6500 into a traditional IRA and an additional $6500 for your spouse. That’s a total of $13,000 off your taxable income for the year. You can defer $13,000 this year until later, and pay taxes on it when you’re making a lot less money. (Hmmm…I hope that never happens).

A Roth IRA is a great way to earn interest without increasing your tax bill. Either way, it’s worth giving some consideration.

Let’s review the current IRA limits

Minimizing Your Tax Bill is an American Pastime.

Be sure to pay your fair share but, try not to overpay. Do your research or get advice from a good CPA. And remember, Hercules Credit Union has IRAs and their fees are very reasonable. It’s a good place to get started until you have enough money to justify the services of a good Financial Planner.

Other Strategies

1. You can take advantage of IRAs until the year your turn 70 1/2 as long as you have earned income.
2. You can make a contribution for 2017 until April 15, 2018.
3. For tax deferment. IRAs are as good as it get.

Luck of the Irish

If you’re Irish, like the Irish or just like good deals, you’ll be lucky if you’re getting a loan this St. Patrick’s day.

.25% off our normal rates between March 16-20

You’ll have the luck of the Irish if you finance an auto or recreational vehicle between March 16th and March 20th at Hercules Credit Union. You know we have great rates to begin with, but since you’re lucky enough to read this, we’ll give you another .25% off the rate you qualify for on any direct loan.

Give a loan officer a call today and remember to bring up this ad.

Thanks for Coming!

Thanks to all our members attending our 2018 Annual Meeting.

Some highlights:

1. 

   Gerry Paulson and Nancy Friel-Brooks were elected to another three year term on the Board of Directors.

2. Our board chairman, Rich Wilcock, spoke on the fact that, as a cooperative, our members still own and control the credit union.
3. CEO and President, Brett Blackburn, spoke on the tremendous growth the credit union is enjoying. It is especially impressive when compared to the credit union’s peer group of credit unions. He encouraged members to use the credit union services, saying there is almost nothing a large credit union or bank can do that we can’t.
4. And yes, some of the members won prizes, including one lucky member who won a 43″ 4K HD television.

 Join Us

Join us of our Annual Membership Meeting and keep up with the latest credit union news. It’s also a good way to make sure you’re well represented and to participate in the democratic process by electing your board of directors.

• Tuesday, February 27, 2018
• Meeting starts at 7:00 p.m.
• Veridian Events Center, 8030 South 1825 West, West Jordan
• We will be going over new initiatives and reporting on last year’s progress.
• Participate in the electing qualified members to represent you on our board of directors

We’ll see you on the 27th getting reacquainted with old friends, making new friends, getting our annual business done and don’t forget, we’ll give away a few prizes.

Don’t Sweat It!

To get our members some needed tax help, we’ve teamed up with Anderson Bradshaw, a Certified Public Accounting Firm. With all the recent tax changes do you really trust yourself to prepare your own tax return? This may be the year to get the experts not only to help you with this year’s returns, but to help you with a strategy for minimizing your taxes next year and years to come. In addition, they’re willing to give our members special pricing.

Income Tax Preparation

Working together to make filing your tax return less of a strain:

• $150 – Basic Tax Return (1040 EZ)
• $250 – 1040 (itemized)
• $350 – 1040 (itemized with Schedule C)
• $50 – for each additional State filed

Call Us!

• Call 801-968-9011 to schedule an appointment at one of our branches.

Review Tax Document Checklist

2017 Tax Documents Checklist

How does the Tax Cuts and Jobs Act – 2018 affect you?

Check out http://abcpas.net/blog.php