News

If your vehicle were ever to be totaled or stolen, finding out you owe more to the vehicle than it’s worth would make an unfortunate situation even worse. If you have collision or comprehensive insurance, that can help pay for the loss due to damage or theft. However, it’s important for you to know that […]

If you’re active on social media, it’s likely that you’ve seen or even participated in some seemingly innocuous quizzes, games, or surveys that encourage people to share some fun information with others. While these seem like an innocent way to spark conversations with your friends and followers, they may be part of a social engineering […]

To Our Valued Members, Lately, the news has shared stories about banks closing in the US. The two banks that have been in the news recently catered to customers that were involved in the latest technology and trends, industries that are highly volatile. Those banks closing is not so startling when you understand what a […]

Scams are happening at an alarming rate and the creativity fraudsters are leveraging to trick people out of money shows no signs of diminishing. That’s why it is important for us to alert you about scams that are taking place locally. By raising awareness about the tactics criminals are using, we can help prevent you […]

If you tend to wait until the deadline to file your taxes every year, you aren’t alone. According to the Internal Revenue Service, about one-third of Americans wait until the last minute to file their federal taxes. Despite the tendency to file late, there are many reasons to file your taxes early. It’s time to […]

Did you know that Social Security recipients will soon be receiving an increase to their monthly payments? In 2023, Social Security benefits will increase by nearly 9%. More than $140 per month on average Medicare Part B premiums decreasing Benefits could help offset high costs Largest increase in four decades Updates to your benefits will […]

There’s Still Time to See Yourself in Cyber | Financial Literacy October is Cybersecurity Awareness Month—a time to raise awareness about online threats and the steps people can take to better protect themselves when using the internet. This year’s theme is See Yourself in Cyber. While cybersecurity may seem like a complex subject, the theme […]

According to the United States Census Bureau, Maine is the oldest state in the nation. Maine’s median age had risen year-over-year for more than two decades, reaching the all-time high of 44.8 years of age in 2020. While the median age dropped to 44.7 in 2021, that number is still significantly higher than the national […]

POSTED BY COLLEEN KELLY June is Elder Abuse Awareness month, an excellent time for credit union staff to brush up on the latest scams targeting older members. Up to five million older Americans are abused every year, and the annual loss by victims of financial abuse is estimated to be at least $36.5 billion. People […]

Protecting our members’ accounts against fraud is one of our credit union’s highest priorities. As part of our normal course of business, we take innumerable actions every day to keep our members’ information safe against security risks. It has almost become a weekly norm that we see suspicious activity on some member accounts and our card security partners […]