Categories
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Arbitration Provision and Class-action Waiver FAQs
Q: Why is Triangle Credit Union implementing this provision? A: Triangle Credit Union is introducing an arbitration and class-action waiver provision to safeguard both you, as a member-owner, and the credit union by ensuring that disputes, when they occur, are resolved promptly, affordably, and cooperatively. Q: What is a class action? A: A class action…
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Great Financial Gift Ideas for Any Age
Finding the right gifts for our loved ones can be challenging. For many, choosing the right gift can be difficult because you want to make sure whatever you select for the person is something they can use and like. One great gift that most anyone can use is money. If you’re at a loss for…
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5 Tips to Save on Holiday Travel
The holidays are known for fun festivities and moments of cheer and delight, but if you remain unprepared for too long it can get stressful fast. For those who know they’ll be traveling to see friends or family, it’s time to start planning that travel so you’ll have one less thing to worry about during…
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Keep Your Cards Secure When Holiday Shopping
We all do our shopping however we feel most comfortable. Some love going out to a physical store to explore the shelves and find that perfect gift. Others like to comfortably camp out on the couch and browse websites for their holiday hunt. Whichever way you choose to shop this year, remember to keep security…
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Fed Alert on Fraud Schemes Involving Deepfake Media Targeting Financial Institutions
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert on November 13th, to help financial institutions identify fraud schemes associated with the use of deepfake media created with generative artificial intelligence (GenAI) tools. “Beginning in 2023 and throughout this year, FinCEN said it has seen an increase in suspicious activity…
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How to Use Cybersecurity in Your Everyday Life
The following article comes from an article provided by KnowBe4 Security Awareness and training. If you’re reading this, there is a good chance that you have multiple internet-connected devices in your home. These devices make our lives easier, but they also make us easy targets for cybercriminals. So, whether you are connecting on social media, shopping online,…
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Recognizing and Avoiding Common AI Scams
AI scams can take many different forms. The first type we’ll talk about is voice cloning. AI can take clips of audio from a person and clone their voice. Fraudsters use this clone voice to say whatever they want. They can then use the cloned voice to impersonate the person the voice belongs to and…
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Debunking 7 Common Money Myths
Whether it’s from an internet article, online video, or social media, there’s a lot of financial “advice” out there. But sometimes, even with the best intentions, messaging might still be a little off base. There are many money myths out there, you’ve likely heard, that aren’t necessarily true. Here are seven common money myths…
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Triangle Credit Union Welcomes Mark Palermo as Chief Financial Officer
NASHUA, NH— Triangle Credit Union welcomes Mark Palermo as their new Chief Financial Officer (CFO). A dynamic leader with more than two decades of experience in the banking industry, Palermo is ready to make a significant impact. He earned his degree in accounting, Palermo spent an impressive 23 years at Align Credit Union, where he…
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Top 5 Tips to Save Money This Holiday Season
Let’s be real: this is a favorite time of year for so many, but this season does not come without financial strain and stress. We have five top tips to help save you money this shopping season. Tip #1 – Make a list! Write down everyone you plan to give gifts to, including family, friends,…
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How To Keep Your Budget Running Smoothly
We make budgets to improve our financial situation but they only work if they’re maintained. Putting together the budget is the first step and usually the easiest step but after that, sticking to it over a worthwhile period is the real challenge. There are many reasons why budgets fail. Lack of discipline, lifestyle changes, emergencies,…
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How the Fed Rate Change Affects Your Finances
If you’ve paid attention to financial news recently, you’ll have noticed there was some media attention regarding the Federal funds rate. On Wednesday, September 18, 2024, Federal Reserve Chairman Jerome Powell announced that the federal funds rate would decrease by .50 percentage points, or ½ a percent. For anyone unfamiliar with the federal funds rate,…