If you find it hard to imagine that someone would target a senior citizen with a financial scam, you’re not alone. Who would do such a thing? Sadly, recent consumer protection data and financial exploitation statistics suggest that elder financial abuse is happening all over the country, and that scam artists who personally know the victim — such as with family members, grandchildren, trusted friends and caregivers — are doing more damage than those who don’t.
8 Ways to Prevent Identity Theft
The internet is a quick and easy way to get a lot of information, communicate with others and stream or download your favorite media. Tasks such as online bill payment and instantly checking your bank account have never been more convenient.
Unfortunately, the internet has also created an easy route for hackers and thieves to access personal and financial information. Identity theft is a problem that has persisted as technology has evolved.
Why You Should Get an Agriculture Loan from Your Local Bank
Agriculture is paramount to local and state economies. Farmers are some of the most important workers in our country and in our world. Unfortunately, farmers face challenges regularly. From having access to good farming land to dealing with natural disasters, there is no shortage of obstacles that farmers have to overcome to turn a profit.Continue Reading…
Pros and Cons of Online Banking and Bill Pay
Having your money in a secure space is a great feeling, offering peace of mind and confidence. For centuries, we have trusted banks to keep our finances safe. Now, many of these institutions have online functionality that has changed the way we interact with them and manage our money. Is online banking a useful (and safe) way to manage your finances? Continue Reading…
Benefits of Local Banking
Local banks have contributed to thriving townships throughout the United States’ history. Invested in the communities they serve, these banks are involved in and deeply committed to the economic well-being of their communities.
Unfortunately, over the past 25 years, small and medium-sized banks lost a large chunk of the market share. In 1994, these banks made up about 50% of the market. Today, they make up less than 20%. Megabanks hold more of the market than ever, and this disparity is a loss for communities and consumers across the country.
Local banks have much to offer. Check out our top reasons why banking locally is a great decision.Continue Reading…
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