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March 13, 2023
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October 4, 2022
Money market accounts offer many convenient features of checking accounts, with an attractive rate of return to help your money grow. Here’s all you need to know about money market accounts.
September 21, 2022
For Scammers, it's a Blank Check to Steal Money!
Rockford, IL – Sept. 21, 2022 – BBB is alerting consumers to sign checks only with indelible black ink after a growing trend in what authorities call “check washing.” Scammers can take you to the cleaners by washing checks in a simple bath of household chemicals to erase the original name and dollar amount written on the check.
Dennis Horton, director of the Rockford Regional Office of the Better Business Bureau says, “Scammers wash and then write in any name and any sum of money they want, cash it, and in an instant, your money can be gone. The process leaves a blank space where the “Pay to” name and dollar amount used to be. A simple $25 birthday check can be converted into a $2,500 check. Experts estimate it’s a $815 million business and growing. “
September 19, 2022
July 25, 2022
July 14, 2022
Zelle is the latest tech to be targeted by scammers. As with anything that is widely used, scammers have latched onto the tech and are targeting consumers. Here’s what you should know.
Zelle is a popular person-to-person payment service because it has the backing of major banks and hundreds of credit unions. It works similar to many payment apps — you log into your bank or credit union account and send money by entering the recipient’s phone number or email address. Click the Title to learn how to protect yourself.
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