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...
Tips for Using Online Banking Safely

Tips for Using Online Banking Safely

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...
What is Online Banking?

What is Online Banking?

Online banking is a way to manage your bank accounts from your computer or mobile device. Most banks have mobile applications that allow you to access your account, make transfers, deposit checks, and more, all from your smartphone. Why get access to online banking?...