Ways to Save on Car Insurance

Ways to Save on Car Insurance

Shop around and compare rates Always ask about discounts Drive safely Don’t over insure Drive a car that’s cheap to insure Increase your deductible Improve your credit If you don’t drive a lot, consider usage-based insurance Reference...
Is it Safe to Keep my Money in a Savings Account?

Is it Safe to Keep my Money in a Savings Account?

Savings accounts are a safe place to keep your money because all deposits made by consumers are guaranteed by the FDIC for bank accounts or the NCUA for credit union accounts. Deposit insurance for savings accounts covers $250,000 per depositor, per institution, and...
What is the Difference Between a Credit Card and Debit Card?

What is the Difference Between a Credit Card and Debit Card?

What is a debit card? A debit card is a payment method that can be used as an alternative to cash. Most banks and credit unions issue a debit card when you open a checking account. The card is linked to your account and can be used to make purchases. When you use your...
Scams Targeting Seniors

Scams Targeting Seniors

1. Government Imposter Scams Scammers call claiming to be from the IRS, Social Security, or Medicare. They may say the victim has unpaid taxes and threaten arrest or deportation if they don’t pay up. 2. Sweepstakes and lottery scams: Scammers call an older adult and...
What does FDIC mean?

What does FDIC mean?

FDIC stands for Federal Deposit Insurance Corporation. A bank account that is FDIC-insured means that your money is insured by the federal government, usually up to $250,000. What you should know: If a bank fails and cannot give all of its customers the money in their...