Tips for Understanding Deposit Insurance

As with any other type of insurance, it’s important to understand the purpose and protection of deposit insurance. Even children are admonished to only put their money in accounts protected by FDIC, but what exactly does that mean? As complicated as it might sound, it...

Cyber Tips: Safe Social Media

September, 2017 | Volume 12, Issue 9 The number of scams and malware taking advantage of social media users and platforms is on the rise. Social media scams are easy to create and can target thousands of people at once due to how users interact with pages, posts, and...

Savings Accounts for Teens: Grow a Sound Future One Deposit at a Time

Three words instigate the ability for teenagers to create their own successful future. Perhaps your imagination is producing words like responsibility, education and employment. Those are certainly good objectives, but the words that increase additional funds at...

Doing a Financial Checkup is Important

So often, we go through the year without really knowing how we are doing financially. This happens even if we manage to keep all the bills paid. When an emergency arises, we find out we are far from prepared. This is a major reason to do a financial checkup regularly....

FDIC’s Coverage on Prepaid Cards

For millions of individuals throughout the nation, a prepaid debit card is a positive substitute for a checking account. In terms of paying bills each month and making purchases this is very convenient. However, there is one distinct difference that you must know if...