NOTICE TO MEMBERS

IF YOU HAD A MONEY MARKET SAVINGS ACCOUNT OR A REGULAR SHARE CERTIFICATE IN 2022, YOU MAY BE RECEIVING A CORRECTED 1099-INT.
EXPLANATION:  THE YEAR TO DATE (YTD) DIVIDEND TOTALS ON YOUR DECEMBER 2022 STATEMENT AND 1099-INT MAY HAVE BEEN OVERSTATED. 

RESOLUTION: 

1. THE ACCOUNTS INVOLVED WERE IDENTIFIED
2. YTD TOTALS ON OUR BANKING SYSTEMS WERE UPDATED
3. CORRECTED 1099-INTs WILL BE MAILED TO MEMBERS WHO WERE AFFECTED
4. TOTALS WILL BE UPDATED PRIOR TO TRANSMISSION TO THE IRS

WE APOLOGIZE FOR THE INCONVENIENCE AND APPRECIATE YOUR PATIENCE AS WE IDENTIFY AND CORRECT THE AFFTECTED ACCOUNTS IN A TIMELY MANNER.

THANK YOU!

CFFCU MANAGEMENT