Monthly Archives: July 2018

Your Financial Safety is our top priority: Beware of advance-fee scams

There is a lot of fraud going on right now with people trying to scam you out of your money. One common fraud scheme is called advance-fee scam. An advance-fee scam occurs when the victim pays money to someone in anticipation of receiving something of greater value—such as a loan, contract, investment, or gift—and then […]

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Knowledge is Power!

Nearly two-thirds of Americans struggle to pass a basic financial literacy test, and the statistics on how we manage our finances are alarming: 43% of Americans with student loans are not making any payments to cover their debt 38% of U.S. households have credit card debt averaging $16,048 33% of American adults have saved nothing […]

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Save more. Save smarter.

A little savings can go a long way. A recent Fed Survey highlights that 46% of Americans struggle financially to cover an unexpected expense of $400, and would have to borrow or sell something to raise the money. Although this impacts lower income families the most, 38% of middle class and 19% of Americans who […]

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