10 Ways to Maximize Your Online Banking Security

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Before we go any further, let’s start by answering the question everyone is asking—yes, online banking is safe. As consumers have continued pushing for the convenience of mobile banking, most financial institutions have worked to stay ahead of the curve by implementing the latest digital security measures. But the most effective online security calls for… Read more »

2020 Louis C. Addison Memorial Scholarship Application – Now Available!

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SC Telco Federal Credit Union focuses on the philosophy of the credit union movement, “people helping people.” Thus, our goal for providing the Louis C. Addison Memorial Scholarship is to assist our member/owners who wish to pursue a college degree. Each year SC Telco awards three (3) members $3,000 in scholarship money to be used towards… Read more »

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 »