Obviously, banks and credit unions offer a lot of overlapping services. Both banks and credit unions take in deposits, administer savings and individual retirement accounts, and provide home loans in addition to consumer loans.

The key difference: Ownership structure.

Unethically creative identity thieves have a new trick up their sleeves: sending text messages to your cell phone as if they were a financial institution and asking you to ‘confirm’ your account number, PIN, or other pieces of information.

A recent study done by The Javelin Group had some disturbing findings: The incidence of identity theft was up 13 percent, compared to the previous year. The total amount stolen was about the same, but the thieves successfully scammed more people.

Did you know that most Homeowners Insurance policies do not cover flooding?  Have you asked your insurance agent about your Homeowners Insurance coverage’s lately?  Now is the time with hurricane season approaching.  It is very important to understand what is and is not covered on all your insurance policies.  Flooding not only affects your home but can effect your automobiles, outbuildings, swimming pool and all other personal property you may have sitting on your lot at the time of a flood.