P2P platforms are super-convenient, but P2P scams are rampant and varied. Plus, once money is transferred by P2P, it’s usually gone forever. Be aware of these five P2P scams: Mystery money In this P2P scam, a stranger “accidentally” sends the target money and then reaches out, wanting their money back. The target sees these funds… Read more »
At Forest Area Federal Credit Union, we offer our members a wide variety of financial products and services to help you manage, save and grow your money. Savings accounts and share certificates are the ideal choice for money you won’t need to access for a while, and checking accounts are the perfect home for funds… Read more »
If you’re planning to buy a home this year, you won’t be dealing with typical circumstances. While the extreme market conditions characterizing the last two years are settling down, the market is still far from stable. Here’s what you need to know about buying a home in 2023. Check Rates Mortgage Loans Contact a Lending… Read more »
With the advent of online commerce, credit and debit card fraud has exploded. In fact, according to data collected by the Federal Trade Commission (FTC), there have been 230,937 reports of credit card fraud filed in the first two quarters of 2022. Unfortunately, credit card fraud can go unnoticed until it causes serious damage. Here,… Read more »
Did you know that your savings portfolio should be diversified just like your investments? Financial experts recommend giving your savings as much chance as growth as possible. Let’s take a look at an especially great choice for diversifying your savings: a share certificate. What is a share savings certificate? A share certificate is an insured… Read more »
Did you know that spending $10 to buy lunch at work each day will cost you $2,600 a year? And if you spend $20 each day, well … that number doubles! That’s a lot of money that could be better spent toward a vacation, a luxury purchase you’ve been dreaming of, paying down existing debts… Read more »
