The Carolinas Credit Union Foundation Names Brian McKay to Board of Directors

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SC Telco Federal Credit Union EVP to serve as board member for the Carolinas Credit Union Foundation Greenville, SC — Executive Vice President Brian McKay has been named to the Board of Directors for the Carolinas Credit Union Foundation. With a rich 25-year history, the Foundation partners with credit unions of the Carolinas to provide collaborative… Read more »

Share Certificates vs. CDs vs. Money Market Accounts

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What is the Best Short Term Investment Option for Your Finances? Saving is smart. Investing is savvy. But when it comes to making your money work for you, there’s a catch. Traditional savings accounts rarely offer attractive rates, and popular investments (401Ks, IRAs, Roth IRAs, etc.) tend to tie up your money for a long… Read more »

Social Security Is Not Trying To Take Your Benefits

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Last week, the Federal Trade Commission reported a new twist on the Social Security Administration (SSA) scam. Impostors will robocall individuals, alerting them that their SSA benefits will end – which is not true. Currently, this scam is the number one scam reported by the FTC with 73,000 reports being documented within the first six… Read more »

5 Ways Joining a Credit Union Can Help You Build Your Credit

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There are plenty of excellent reasons to become a credit union member. Lower rates on loans. Higher rates on savings. Personalized financial service. A sense of community and ownership. The list of benefits goes on and on. But what about building a better credit rating? Is it possible that joining a credit union can help… Read more »

9 Steps to Fix Your Credit After Identity Theft

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Since 2015, more than 60 million Americans have been victims of identity theft, and the resulting losses total more than $100 billion. Financial losses may be the most immediate concern for identity theft victims, but the long-term effects of damaged credit can be the most frustrating. Fixing your credit after identity theft requires a strategic… Read more »

The Benefits of Mobile Check Deposit

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If it seems like everyone you know is using a mobile app to deposit their checks in the bank, that’s probably because they are. According to a recent Bankrate survey, 72% of millennials and 52% of Americans 50 and older use mobile deposit. And when you consider that approximately 95% of Americans own a cell… Read more »

Worshipers Targeted by Gift Card Scam

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by Colleen Tressler Consumer Education Specialist, FTC We’re seeing a new spin on gift card scams. This time, scammers are pretending to be a pastor, rabbi, priest, imam, or bishop. They’re asking worshipers for gift card contributions for a worthy cause. Appeals are often made by email, but we’ve heard people are also getting texts… Read more »

4 Helpful Tips for Using Your Debit Card Overseas

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Debit cards make everyday purchases more convenient. Whether you’re at the gas pump, store register, or restaurant drive-thru, swiping your card has likely become your preferred method for completing a transaction. But if you’re planning a trip overseas, you may be wondering whether you’ll be able to use your credit union debit card while traveling… Read more »

What the FTC Facebook settlement means for consumers

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by Lesley Fair Attorney, Division of Consumer & Business Education, FTC The next time users visit Facebook, things might not look different, but big changes are brewing behind the scenes. The FTC’s record-breaking $5 billion settlement requires Facebook to conduct a massive overhaul of its consumer privacy practices. The settlement also makes major changes to… Read more »