Your Community Bank's eNewsletter                               October  2018
Dear neighbor, 

Those who know me, know that my favorite candy is Brach's candy corn and my favorite month is October. As the seasons and holidays evolve, we have an exciting change of our own. We welcomed Belinda Archuleta to our team! She has been in the industry for 37 years, and has lived in Farmington for a good portion of that time. She adds a warmth to that group as I'm sure you'll agree. You can read more about her here. Welcome, Belinda!  
Trick or treat, 
Sheila Mathews | President and CEO
FCCB in the News
Best of Cortez 
The Cortez Journal  announces FCCB as runner up in the Best Bank/Credit Union category, as part of its reader-nominated Best of Cortez awards.  Thank you to those who voted for us. We're honored to be your bank and appreciate your business and referrals!
FCCB Community News:  Around the Four Corners 
FCCB staff compete at Race 2 Educate for second year  
Once again, FCCB was a Race 2 Educate sponsor, and a group of Farmington staff joined in the fun again too. This Foundation for Educational Excellence event directly supports the district's teachers and classrooms by funding special projects and equipment.

(Right: Carey Montoya along with daughter and Farmington student, Kayla Michaels.)
FCCB's Steve Slagle and Nicole Hafner present during Southwest Colorado Philanthropy Day's breakout session on  financial literacy for non-profit organizations
FCCB participated in the 22nd Annual United Way of Southwest Colorado Radiothon, an on-air auction benefiting its local community partner agencies on September 7. 

Blue Star Mothers' Military Care Package Drive
Drop off suggested items at all NM FCCB locations between  Oct. 9-Nov. 10

Examples of needed items: 
Food: Non-perishable, individual, snack size (Candy, fruit, oatmeal, bars)
Health and hygiene: Personal and travel size (Razors, cough drops, band aids)
Personal enjoyment: Games, small clothing items, writing utensils

Thank you!
Customer Corner: November observances and updates
Holiday closures: 
Monday, November 12 in observance of Veterans Day 
Thursday, November 22 for Thanksgiving 
Debit card limit increase 
As of October 1, the new daily debit card limit was increased to $1,500. No action is required; this is an automatic change for all debit card holders (unless you've made other arrangements). W e strongly recommend signing up for fraud text alerts; ask us to show you how easy it is! If you have questions regarding this change, give us a call.
Enroll in eStatements 
Not only are eStatements more secure than paper statements, they could also save you a $5 monthly fee (depending on your account type), along with needless paper. If you've not already done so, you can sign up for eStatements within online banking. 
Insight: Fake check scams 
In all cases, you get a check and are asked to send money back. 
That's a scam! Common check fraud schemes: 
  • You win a prize and are told to send back taxes and fees
  • You get paid as a secret shopper and are told to wire back money
  • You sold an item online and the buyer overpays
To learn more about the check fraud scam process, view this 
American Bankers Association's infographic.
Product Feature: VA mortgage loans 
As an active duty or retired military service member, you're entitled to exclusive mortgage benefits, including special mortgage terms and elite pricing for FICO credit score starting at 640. 
  • Loans guaranteed by the VA can be obtained without any down payment (up to 100% of home value)
  • A VA loan doesn't require mortgage insurance
  • VA-guaranteed mortgages are qualifying assumable
  • No pre-payment penalty
  • Homes are inspected and appraised by VA prior to approval and/or during construction
  • $417,000 limit (compared to FHA loans in San Juan County: $294,515)
  • Funding fee is also an allowable seller concession (4% maximum)
  • If disability compensation is received, the VA funding fee is waived with 10% disability or more
  • The VA home loan benefit can be reused if a prior VA loan has been paid off and the property is sold
  • VA finding fee decreases with 5-10% down payment
  • 100% cash-out refinances
  • VA IRRRL refinances available
  • Low interest rates
  • Fast closings
Call us or stop by for a visit. Our mortgage lenders' are here for you. 
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
TheBankForMe .com | NMLS# 452405