The Nest

If someone sends you money and asks you to send some or all of it to someone else, you could be a money mule. Know what to watch for and avoid becoming a money mule with these tips from the ABA Foundation.

ATM Safety Tips, Protect Yourself This Season

Criminals are increasingly taking advantage of Americans’ generosity, exploiting compassionate donors to line their own pockets. America ranks No. 1 in charitable giving on the World Giving Index, with U.S. charities receiving a record $471 billion in donations in 2020, according to the Giving USA Foundation.

You may have been a last minute holiday shopper last year, but planning now can help you have a happier, stress-free holiday season this year.

Who do scammers target? A package delivery scam often begins with a text message or email. The messages often indicate that a package or parcel is either on its way or there is some problem with your delivery, along with a link to click to update your delivery or payment preferences.

Credit cards have become an everyday tool for people to make purchases and manage their personal finances. Access to credit enables families to purchase homes, deal with emergencies, obtain goods and services and build a credit history for larger purchases such as a car or home. Today, roughly 73 percent of all families have at least one credit card. About 60 percent of cardholders are “convenience users” – they avoid interest charges by paying balances in full each month.

Consumers have reported receiving various forms of fictitious correspondence via email, Google Chat, and the U.S. Postal Service related to up-front fee scams involving fictitious inheritance or beneficiary payouts. The notifications appear to be initiated by senior officials of the Office of the Comptroller of the Currency (OCC) regarding funds purportedly held by the OCC. Scam correspondence may include the names of other governmental agencies who are purportedly involved in the fake transaction.

A credit score predicts how likely you are to pay back a loan on time. Companies use a mathematical formula—called a scoring model—to create your credit score from the information in your credit report.

Stay Alert: Vishing Scams Are Targeting You Now Vishing, or voice phishing, is a current and sophisticated scamming technique where fraudsters call you to steal sensitive information or money.

As you navigate the financial planning landscape, securing a comfortable retirement is a paramount goal. While retirement might seem distant, the power of compound interest reinforces the importance of starting early. By increasing your retirement contributions, you not only position yourself for a prosperous post-work life but also harness the magic of compounding over time.

Fraud complaints increased 19% in 2021, to more than 5.8 million. In 2019, identity fraud losses in the United States were estimated to be $16.9 billion. ABA recommends following these tips to keep your information – and your money – safe.

In today's fast-paced world, the dream of owning a home or attaining a quality education often comes with a significant financial commitment.

Placing your money in a federally-insured and highly regulated bank ensures that your hard-earned funds are protected and available when you need them.

Every day, thousands of people fall for fraudulent emails, texts, and calls from scammers pretending to be a bank. These are commonly referred to as phishing scams and victims can lose hundreds, even thousands of dollars.

In today's dynamic professional landscape, the desire to advance one's career and elevate income potential is a pursuit shared by many. Whether seeking growth within your current organization or exploring new avenues, achieving these goals demands strategic planning, continuous learning, and a proactive mindset.

The prospect of funding your child's education, from school to college, might appear intimidating or overwhelming; but it doesn't have to be. In this article, we'll present straightforward steps you can take to save and invest in your child's future education proactively.