BFSFCU periodically sends e-mail to our members with information regarding financial best practices, fraud and online security, tax and financial planning, and general information about the U.S. financial system. Below is an archive of information on these topics.
Start fresh in 2017. It is never too early or too late to improve your financial literacy. In fact, if you avoid major mistakes and do some of the most basic things, you may find yourself on the road to controlling your financial future with significantly less financial anxiety.
At BFSFCU, we care about your financial safety. Although we have strong fraud monitoring systems in place to protect your accounts, you can protect yourself by taking a few simple steps. Here are some tips to make sure you can enjoy your holiday travels without worrying about fraud.
Much as it sounds, Advance Fee Scams are scams that require victims to make a small advance or upfront payment for goods, services or financial gain that promises a significant reward that never materializes. There are many Advance Fee Scams that you may have already heard of; Work from Home Scams, Lottery Scams and Romance Scams. Do you know to identify the specific characteristics of a scam?
There have been several major tax law changes over the past few years with staggered effective dates. These laws have significantly changed the way you may want to consider your financial situation, especially retirement planning.
IRAs can and should be a key part of the foundation of most people's retirement planning efforts. Here are some of the facts you should know to make fully informed IRA decision.
Your Credit Union has a number of green initiatives that are not only good for your financial well-being, but are also environmentally-friendly.
The fight against fraudsters is becoming even more challenging. ATMs (Automated Teller Machines) are a convenient way to access your money on the go, but they also represent a potential opportunity for your account information to be stolen.
A solid credit history can be one of your most useful and powerful financial assets. A record of prudent credit use and prompt payments can enable you to qualify for credit when you need it.
Chances are, your mail box is filled with offers for credit cards, mortgage refinancing and home equity loans. Many of those offers stress the benefits of moving existing balances to the new lenders. While that may sound appealing, especially if the new loan offers an attractive initial interest rate, it is important to consider all the factors associated with debt consolidation.
Few financial issues receive more attention in the press than the Federal Reserve Board's actions with interest rates.