Winter Newsletter 2025

Anniversary Loan Special as low as 8.90% APR* Celebrate the Savings!

The holidays often leave us with lingering expenses and high-interest debt, but you can regain control in 2025. In honor of our 90th Anniversary, we’re offering Personal Loans at a remarkable 8.90% APR* — perfect for simplifying your finances.
Consolidating high-interest debt, including credit card balances, into a single lower-rate loan can save money, streamline payments, and help you pay down debt faster. It’s a step toward greater financial freedom!

Benefits Of Our Anniversary Special Personal Loan:

Get Started Today!

This special rate, as low as 8.90% APR* is valid January 1, 2025 through March 20,
2025. Apply now to take control of holiday debt, home improvements, etc. Visit
www.deepwaterind.org or call 856-299-1279.

*APR=Annual Percentage Rate. Rates are subject to change without notice. Subject to credit approval and score. Some restrictions may apply. See credit union for complete details

Budgeting for Success in 2025

Budgeting remains one of the most powerful tools for managing and achieving financial goals. As we move into 2025, it’s an excellent time to create or refresh your budget. You’ll gain a clearer view of your income, expenses, and savings potential.

Tips for Establishing a Budget

Track Your Income and Expenses: Start by listing all your sources of income and every expense, from fixed costs like rent or mortgage payments to variable costs such as groceries and entertainment. Use budgeting apps or a simple spreadsheet to keep tabs.
Set Clear Financial Goals: Identify short-term and long-term goals, such as building an emergency fund, saving for a vacation, or paying down debt. This will keep you motivated and focused.
Use the 50/30/20 Rule: Allocate 50% of your income to needs (like housing and groceries), 30% to wants (like entertainment), and 20% to savings and debt repayment. This formula simplifies spending decisions and ensures savings.
Review and Adjust Regularly: Life changes, and so should your budget. Review it monthly to account for changes in income, expenses, or goals. This ensures it remains relevant and practical.
Prioritize Savings: Set up automatic transfers to savings or investment accounts. Treat savings like a non-negotiable expense to ensure consistency

Budgeting Shortcuts

Automate Payments: Schedule bill payments and savings transfers to avoid late fees and consistently build savings
Leverage Budgeting Apps: Apps like Mint, YNAB (You Need A Budget), or PocketGuard can simplify tracking and provide insights at a glance
Envelope System (Digital or Physical): Allocate set amounts for discretionary spending categories (like dining out or clothing) using “envelopes.” When an envelope is empty, you stop spending in that category. Budgeting is not about restriction — it’s about creating a plan to support the life you want to live. You can take charge of your financial journey by establishing and maintaining an effective budget in 2025.

Is It Time to Buy Your Dream Home?

With interest rates dropping and motivated sellers ready to negotiate, now is a great time to make your move! Whether buying your first home, upgrading to a larger space, or securing your dream home, our trusted
partner, Member First Mortgage, LLC, is here to guide you through every step.

Why Choose Us for Your Mortgage Needs?

Apply Online: Submit your application 24/7 for ultimate flexibility
Expanded Loan Programs: Find options tailored to your unique needs.
Save with Low Rates and Closing Costs: Lock in with our competitive rates to maximize your savings
Expert Support: Our dedicated mortgage specialists are with you at every stage

Ready to make your move?

Learn more at https://deepwaterind.org/home-loans/.

Loan approval is subject to creditworthiness and underwriting guidelines. Contact Chris Papagni at 973-937-4934 for complete details

Fast, Secure, and Easy: Choose Direct Deposit for Your Tax Refund!

Want to receive your tax refund quickly and safely? Choose Direct Deposit to your Deepwater Industries FCU account; you could have your funds in as little as 21 days! It’s the simplest way to get your money faster without waiting for checks.

How to set it up:

For assistance, call us at 856-299-1279. Make this tax season stress-free with Direct Deposit!

Exciting Improvements:

Core System Upgrade Coming in March 2025

We’re excited to enhance your banking experience! In March 2025, we’ll upgrade our core computer system to offer better service, stronger security, and improved online and mobile banking.

Important Dates

System Downtime: All systems,including online and mobile banking close at 6 p.m., will be unavailable from Friday, February 28, 2025, at 6:00 pm through Sunday, March 2, 2025. Plan ahead for transactions and ensure you have sufficient cash.
Branch Closure: We will be closed on Saturday, March 1, 2025, for the conversion.
System Back Up: We’ll reopen with full system access on Monday, March 3, 2025.

Debit & Credit Cards

Debit cards, online banking and mobile banking will be down during this time. Credit cards will work.
We appreciate your patience and invite you to check our website for updates!

Celebrating 90 Years Of Serving You!

As Deepwater Industries FCU marks 90 years of service, I am honored to reflect on the trust and loyalty you have placed in us. From humble beginnings to serving a diverse and dedicated membership, we have continued our mission as a not-for-profit financial institution focused on your needs.

This milestone is a celebration of you, our valued members! Throughout 2025, we will offer exciting loan specials as a way of giving back and expressing our gratitude for making Deepwater Industries FCU what it is today — a strong, member-first financial institution.

We encourage you to take advantage of and enjoy our many services. All immediate family members and household members of a current DIFCU member are eligible to join, no matter where they live or work. Friends and neighbors are also eligible if they work for one of our Select Employer Groups, are members of the Pennsville Public Library, or are students or employees of Salem Community College. Help us grow our community and continue building a legacy of financial well-being for all.

Thank you for making this incredible journey possible. Here’s to another year of shared
success and connection!

Kind Regards, Sutton Gant President/CEO

Mark Your Calendars!

Join us for our 90th Annual Meeting on Friday, March 21, 2025, Holiday Inn of Swedesboro at 6:00 pm.

Connect with our Board of Directors, receive important updates, and discuss plans for our future. This year, Board Chairman Chas Minix is up for re-election, and your participation will help shape our leadership.

Enjoy delicious food, exciting raffle prizes, and the chance to mingle with your favorite staff members. Your input is invaluable as we work together toward a brighter future!

Ticket sales will begin February 1st. More details will be available on our website soon.

Simplify Your Taxes with TurboTax

Make tax season stress-free with TurboTax — start for free and pay only when you file. Enjoy flexible options ranging from $0 to $129 for self-filing (state additional for paid products)

Why Choose TurboTax?

Fast Start: Add your tax documents by snapping a photo for quick setup
Personalized Support: Get instant, tailored answers through Intuit Assist — even in the Free Edition.
Help When You Need It: Connect with tax experts with an average of 12 years of experience, or let them handle your taxes for you, starting at $129.
Guaranteed Accuracy: TurboTax ensures 100% accurate calculations and expert reviews, giving you confidence in your refund.

Holiday Closings

Account Information Update

Please let us know if you have a new address, phone number, or email address. Having your updated information ensures we can reach you when needed. It also
keeps your data safe and secure!

We may provide information about your account(s) in the above scenarios, except if the Trusted Contact Person is suspected of fraud. Remember, a Trusted Contact cannot access your account or make transactions unless legally authorized.