News

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 […]

2021 was an exciting, very eventful, and challenging year. We ended 2020 as Penobscot County Federal Credit Union and The County Federal Credit Union and, starting on January 1st of 2021, merged into one credit union family. From there, as you have probably noticed, it has never slowed down! One of everyone’s most significant challenges […]

The County Federal Credit Union was recently named as one of the 2021 Best Places to Work in Maine. The awards program was created in 2006 and is a project of the Society for Human Resource Management – Maine State Council (MESHRM) and Best Companies Group. Partners endorsing the program include Mainebiz, the Maine State […]