by GTDadmin | Nov 11, 2022
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...
by GTDadmin | Nov 11, 2022
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...
by GTDadmin | Nov 10, 2022
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...
by GTDadmin | Jul 23, 2021
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...
by GTDadmin | Jul 13, 2021
Whether you’re new to online banking or you’ve been using it for years, it’s important to take steps to make sure all of your online information is secure. Here’s how: Ask your bank how they monitor fraud, if they use anti-virus protection on...
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