What Does Member FDIC Mean for Banks?
Jump to: When you deposit your funds into a bank, you trust your money will be safe and available when you need it. The cash you need to pay your bills today and the funds you save for tomorrow are the result of your hard work and necessary for survival. Your relationship with your bank […]
Banking Technology: How to Freeze a Debit Card
Jump to: No one likes opening their bank transaction history and seeing that someone else made a purchase with their debit card. Unfortunately, debit and credit card fraud is an everyday concern for consumers and financial institutions alike. In 2022, $34.36 billion was lost globally to credit and debit card fraud. The first fraudulent purchase […]
What Is Your Credit Score Used For? Four Applications You Should Know
When working on your financial fitness, one of the first places experts say to look is your credit score. If you feel slightly lost when you hear the term, it’s okay; you’re not alone. A recent survey found that 31% of Americans don’t know their credit scores. Whether you’re looking for a new place to […]
