You’ve probably heard a lot recently about the high fees being
charged by banks on services
that used to be free. A couple of examples are monthly fees to use your
debit card as well as
new fees for credit card accounts. Many of you who have your checking
accounts at a bank are
possibly being charged a new monthly fee and are required to keep a higher
minimum balance to
avoid that fee.
You’re probably sick and tired of hearing about how horrible
the economy is. That is
understandable. A lot of people have simply given up hope that things will get
better. But your
credit union would like to offer another suggestion…..meet the challenge
head on!
While phishing—the use of fraudulent e-mails to get consumers to part with personal financial information— continues to be the number one means of identity theft, a number of sophisticated scams warrant staying alert during transactions that you make in stores and restaurants. Here are the five latest scams to be aware of both online and off:
Taking advantage of direct deposit and electronic bill pay can save you significant amounts of time and money.
