The U.S. Department of the Treasury will end over-the-counter sales of paper savings bonds on December 31, 2011, including sales through financial institutions and applications mailed directly to the Federal Reserve Bank by customers. This move is expected to save taxpayers an estimated $70 million over the next five years.
Although paper bonds are being discontinued, electronic Series . . . → Read More: The Paper Trail Ends: Over the Counter Sales of Savings Bonds Ends in 2011
Online banking makes managing money convenient for millions of American households. With a few clicks of a mouse, customers can check deposits and pay bills, saving time and giving them more control over their finances.
Banks use a combination of safeguards to protect your information, such as a employee training, strict privacy policies, rigorous security standards, encryption . . . → Read More: Safe Online Banking
As crunch time to tax day closes in, tax scams heat up. Don’t wait until the last minute to work on your taxes because rushing can lead to sloppy returns and a greater risk of falling victim to a scam. Tax scams take several shapes, ranging from promises of large tax refunds to identity theft. Here . . . → Read More: Beware of Tax Scams
It’s tax time again. And, unfortunately, it’s the time for scams. Beware of tax scams that target you with requests claiming to be from the IRS. Always remember that your bank and other trusted financial partners will not ask for personal financial information that they already know about you. If someone contacts you demanding this type . . . → Read More: Tax Time Scams
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.
The subject line of the e-mails state: “Account Insurance from FDIC” or “FDIC Insurance.” The e-mail tells recipients that their “account has been denied insurance from the Federal Deposit Insurance Corporation due to . . . → Read More: E-mail Claiming to Be From the FDIC