Stanford Federal Credit Union

Bring on the holiday cheer! A heartfelt thank you to our executive team and party squad for preparing a delicious holiday breakfast for our employees this morning! 💗

Celebrating 65 years of service with our amazing team and members! 🎉 We handed out cupcakes to our employees in appreciation of their dedication, and we're keeping the celebration going at our branches with contests, giveaways, snacks, and beverages for our members. Join us this week as we mark this milestone together! #65YearsOfService #ThankYou

Today marks 65 years of saying YES to our members, and we want to celebrate YOU! Visit any Stanford FCU branch this week for contests, giveaways, snacks and beverages, while supplies last! #YesToYourSuccess

Our Chief People Officer Lecia Roundtree, MHRM talks about increasing membership from the inside out.

Exciting news! For a limited time, we’re inviting homeowners to apply for a Home Equity Line of Credit (HELOC) with a special 6-month introductory rate of 7.250% APR and Prime + 0%* for the remainder of the loan! Apply now or learn more at sfcu.org/HELOC. Offer expires December 31, 2024.

Happy Holidays! It’s been a joy celebrating with the incredible Stanford Federal Credit Union Retail Branch, Virtual Branch, Member Care, and Retail Support Team at our FY24 Holiday Celebration Event. I’m truly grateful and proud to be part of this exceptional group, dedicated to delivering best-in-class member experiences both in our branches and over the phones. Excited to see all the amazing things this team will achieve in 2025 in service of our members! Deena Otto Morey Enoki Sam Soria Carolyn Ramirez Adam Brown Jonathan Navarro Davey Sheng Lecia Roundtree, MHRM Stanford Federal Credit Union

'Tis the season to share good things with friends and family! Spread holiday cheer by telling others about the great prizes and rewards at Stanford FCU. Both you and your friend could get $300 if they join with direct deposit!* Learn more at sfcu.org/RAF

We're #hiring a new Contact Center Director in Palo Alto, California. Apply today or share this post with your network.

🎯 As the year winds down, here are 7 year-end tax ideas to consider: 1️⃣ Check your retirement contributions to your 401(k), IRA, and HSA limits. Are you hitting the limits? 2️⃣ Charitable giving: Have you considered donating appreciated securities and other options? 3️⃣ Investment portfolio review: Talk with your financial professional about any rebalancing that may be needed and if there are any tax-loss harvesting opportunities. This post is not a replacement for real-life advice. Consult your tax, legal, and accounting professionals before modifying your tax strategy. 4️⃣ Business owners: Now is a great time to review estimated tax payments and determine whether you need to purchase any equipment. Your tax professional may also help here. 5️⃣ Estate management check-up: Have you utilized annual gift exclusions? Is your trust funding on track? 6️⃣ Roth conversion opportunities: Have you analyzed potential long-term tax benefits? 7️⃣ Review required minimum distributions (RMDs): Don't forget inherited accounts! Here are some housekeeping items to remember: 1️⃣ Once you reach age 73, you must begin taking required minimum distributions (RMDs) from your 401(k), IRA, or any other defined contribution plan in most circumstances. Withdrawals are taxed as ordinary income and, if taken before age 59½, may be subject to a 10% federal income tax penalty. 2️⃣ If you spend your HSA funds on non-qualified expenses before age 65, ordinary income taxes may apply, and it may result in a 20% penalty. But, after age 65, you may be required to pay ordinary income tax if the funds are used for non-qualified expenses. Also, keep in mind that contributions are exempt from federal income tax but, in some cases, are not exempt from state tax. 3️⃣ To qualify for the tax-free and penalty-free withdrawal of earnings, Roth IRA distributions must meet a 5-year holding requirement and occur after age 59½. Tax-free and penalty-free withdrawals can also be taken under certain other circumstances, such as the owner's death. The original Roth IRA owner is not required to take minimum annual withdrawals. 🕒 Questions? Your financial future is worth the conversation. #FinancialStrategy #YearEnd #TaxManagement

HOLIDAY PARTY - CARDINAL STYLE 🎄 This past Tuesday (12/03), the Stanford Angels and Entrepreneurs-SoCal community came together for a festive evening at our “Let It Snow” cocktail soirée. The event was a perfect blend of holiday cheer and Cardinal camaraderie, as we celebrated the season, fostered new connections, and strengthened our entrepreneurial network. Attendees enjoyed delicious bites, champagne, wine, and our signature “Let It Snow” cocktail, featuring 21 Seeds infused tequila—a nod to a Stanford alumna founder. The evening was alive with conversation, collaboration, and the shared passion for innovation that defines our community. One of the most inspiring moments was the “Around the Room” session, where founders had 30 seconds to pitch their startups. Their creativity and drive sparked curiosity, inspired new ideas, and highlighted the talent within our network. A heartfelt thank-you to our amazing co-sponsors for making this evening possible: 🌲 Dual Use VenturesⓇ 🌲 Gunderson Dettmer 🌲 goodfin 🌲 Manatt, Phelps & Phillips, LLP 🌲 Stanford Federal Credit Union To everyone who joined us: thank you for making this event truly special. Here’s to more collaboration, innovation, and celebration in 2024! Thank you to the Stanford Angels team who continue to deliver for our community. Rey Barceló | keith coleman | Alyssa Haerle | Marshall Bennett | Justine Lassoff | James "Jay" Day | Scott Fox 🦊 | Sebastian De Vivo, PhD | Michele Sconiers | Courtney Yang | Ethan Yang