As the season of gratitude arrives, we’re thankful for you—our LPCCU member-owners! This month’s newsletter brings updates to help you save more, borrow smarter, and make the most of your membership.

Please note: We will be closed on Thursday, November 27 and Friday, November 28 in observance of Thanksgiving.

We hope you enjoy a safe and joyful holiday surrounded by the people who matter most.

Big News: New Tax Breaks for Working Americans & Seniors

The new One, Big, Beautiful Bill Act (Public Law 119-21, enacted July 2025) brings fresh opportunities to keep more money in your pocket.

Highlights to Know

• Tip Deduction: Deduct up to $25,000 in qualified tips if you work in a tipped occupation.
• Overtime Deduction: Deduct up to $12,500 (or $25,000 for joint filers) for qualifying overtime pay.
• Vehicle Loan Interest: Deduct up to $10,000 in interest on a loan used to buy a U.S.-assembled personal vehicle.
• Standard Deduction Increase: $31,500 (joint) / $15,750 (single) for 2025.

What It Means for You:

You could save thousands in taxes — and use those savings to reach your next financial goal.

LPCCU Tip: Put your extra savings to work in an LPCCU deposit account or use them to pay down high-interest debt.

Source: IRS.gov – The One, Big, Beautiful Bill Act

Deposit Spotlight: Save Confidently, Earn More

Whether you’re saving for holidays, big goals, or peace of mind, LPCCU offers deposit options that grow with you.

Featured Accounts

• Regular Share Account: Build your savings foundation with automatic deposits.
• Silver Shares: For balances $5,000+, enjoy higher dividends and total flexibility.
• Gold Shares: For balances $10,000+, enjoy even higher dividends and flexibility.
• Platinum Shares: For balances $100,000+, just like a platinum record, our Platinum Share Account is one to be proud of, earning the highest dividends.
• Special Shares: Design your account for that special purpose — vacation, vehicle, or milestone.
• Christmas Club: Smart, seasonal savings that help you stay ahead year-round.

Your money deserves a plan. We’ll help you find the right one.

Loan Spotlight: Credit That Moves You Forward

Need financing to upgrade your ride, consolidate debt, or invest in yourself? LPCCU offers productive credit — loans that support your goals, not burden them.

Current Highlights

• Auto Loans: Great rates, personalized service, and potential new tax deductions on interest.
• Personal & Lifestyle Loans: Simplify debt or fund major purchases with flexible terms.

You’re not just a number — you’re a member.

Convenience Tips: Banking Made Simple

At LPCCU, we believe your money should work for you—not the other way around. That’s why we’ve built tools that keep you connected, secure, and in control wherever life takes you.

Tools That Empower You

Online & Mobile Banking

Take your credit union with you anywhere. Our secure digital banking platform lets you:

• Transfer funds instantly between accounts
• Deposit checks remotely with mobile deposit
• Pay bills or schedule recurring payments
• Set up account alerts to track spending or balances
• Access e-Statements anytime — no paper clutter

Credit Sense

Knowledge is power — especially when it comes to your credit. LPCCU’s Credit Sense tool gives you:

• Free, on-demand access to your credit score
• Credit monitoring alerts that help you spot fraud early
• Personalized recommendations to improve your score
• A clear breakdown of the factors influencing your credit health

Bonus Tip: Set aside five minutes this week to log in and check both tools. Review your spending, check your credit trends, and set a small savings goal. These small habits create big results over time.

Financial Literacy Spotlight: 

Update Your Financial Game Plan with the New Tax Law

With the One, Big, Beautiful Bill Act now in effect, this is the perfect time to review your paycheck and withholding. Many workers can now deduct tips, overtime, and vehicle loan interest — but only if your W-4 and budget reflect those changes.

Action Step:

Use the IRS Tax Withholding Estimator to make sure you’re not overpaying taxes each pay period. Then, redirect any extra take-home pay toward your LPCCU savings or a loan payment to reach your goals faster.

Why It Matters:

Small adjustments today can add up to hundreds — or even thousands — saved by tax time. That’s money you can use to build your emergency fund, invest in your future, or pay down debt.

At Lincoln Park Community Credit Union, we’re here to help you stay informed, protected, and financially strong — all year long.

-Your Lincoln Park Community Credit Union