FDIC: Resources for Small Businesses During National Small Business Week
The Federal Deposit Insurance Corporation (FDIC) today highlighted the agency’s resources to help small businesses get the most from their banking relationships. The information is being emphasized to coincide with National Small Business Week, May 1-7. Small businesses employ roughly half of all Americans and account for more than 60 percent of net new jobs,…
ABA: The Grandparent Scam – What You Need To Know
May is ‘Older Americans Month’ WASHINGTON — Every year thousands of seniors fall victim to impersonation scams. According to the Federal Trade Commission, between 2012 and 2014, consumers reported more than $42 million in losses from scams involving the impersonation of family members and friends. These scams, commonly known as the “grandparent scam,” is a…
CFPB: Protecting Credit While in the Criminal Justice System
Checking your credit report regularly and making sure the information is correct is an important part of building and maintaining healthy credit. For incarcerated individuals, monitoring personal accounts or credit reports can be a challenge. Individuals who can’t monitor their credit reports could face an increased risk of fraud or identity theft. Errors or other…
ABA: 8 Banking Tips Millennials Need to Know
WASHINGTON — As millennials juggle a multitude of responsibilities — from school, to work, to planning for major life events — the American Bankers Association is highlighting eight banking tips to help them secure a financially sound future. “Millennials are digital natives who understand the importance of staying connected socially, but staying connected to their bank can…
ABA: Out With The Old, In With The Savings – 6 Tips To Spring Clean Your Finances
WASHINGTON — For many Americans, spring is a time to clean, sort and tidy up around the house. As consumers dust off their shelves and rid their homes of clutter, the American Bankers Association encourages them to organize their finances. “The arrival of spring motivates people to renew their surroundings, and what better way to…
ABA: 12 Tips To Secure Your Mobile Devices
March 6-12 is National Consumer Protection Week WASHINGTON — As consumer use of mobile devices continues to climb, cyber criminals are targeting those gadgets more frequently. In recognition of National Consumer Protection Week March 6-12, the American Bankers Association is highlighting 12 things consumers can do to protect the data on their mobile device. “Banks use sophisticated…
FDIC: Consumers Encouraged To Develop A Plan To Save Toward Their Goals
The Federal Deposit Insurance Corporation (FDIC) encourages consumers to use America Saves Week as a time to begin or continue saving toward financial goals. FDIC Chairman Martin J. Gruenberg said: “Making regular savings deposits – even small ones – into a federally insured financial institution is a safe way to work toward your financial goals. During America Saves…
ABA: Save or Spend – 5 Ways To Make Your Refund Count This Tax Season
WASHINGTON — According to the Internal Revenue Service, the nation’s taxpayers received an average tax refund of nearly $3,000 in 2015. This year, while more than 70 percent of tax payers await their hefty refund, the American Bankers Association is highlighting five tips to help them make the most out of this year’s windfall. “Tax…
FDIC: Consumer Newsletter Features Shopping Tips for Loans and Credit Cards
Many people searching for a new loan or credit card may not be in the best position to get the right product for their needs and at the lowest possible cost. The latest FDIC Consumer News features tips on how to be better informed and better prepared before applying for credit while avoiding costly mistakes. The Fall 2015 edition…
ABA: 7 Bad Spending Habits To Avoid This Holiday Season
7 Bad Spending Habits to Avoid This Holiday Season WASHINGTON — As consumers across the country prepare to shop for holiday deals, the American Bankers Association is highlighting seven habits that shoppers should avoid to minimize their holiday spending debt. “The holiday season is an exciting and inspiring time of the year that promotes giving,…