Latest Scam Alert: Unemployment Insurance Fraud The Scam The pandemic has caused unemployment claims to sustain record levels, which has also led to an increase in unemployment insurance fraud. Scammers are posing as their victims and using stolen identities to submit fraudulent unemployment insurance claims online. According to the FBI, fraudsters are obtaining personal information from phishing schemes, cold calling victims,… Read More
Can You Spot a Phishing Scam? Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online banking, the problem is only growing worse. In fact, the Federal Trade Commission’s 2019 report on fraud estimates that American consumers reported losing a staggering $1.9… Read More
Latest Scam Alert: Beware of Text Messages or Calls Appearing From Your Bank The Scam Over the years, there have been a growing number of “spoofing” attempts being made in the financial industry, including on FirstBank customers. Fraudsters are using falsified caller ID numbers — or what appears to be legitimate text messages — to trick FirstBank customers into providing sensitive information. These scammers are either acting as… Read More
How to Stop Online Scammers The current pandemic has driven a record number of shoppers online. But can this online boom also lead to more fraud? According to some experts, it can. A recent TransUnion survey reported that 22 percent of Americans fell victim to some form of online fraud in 2020. That means millions of folks have been affected.… Read More
Cybersecurity Awareness Month October is National Cyber Security Awareness month. Here are five quick and easy tips to keep your money safe this Fall and beyond. … Read More
Financial Self-Care Checklist for Challenging Times Challenging times can inspire us to strengthen community ties and support recovery efforts, together. They can also inspire people to evaluate their lives and take better care of themselves — 80 percent of Americans say they intend to incorporate self-care into their daily routines more regularly after COVID-19. Given the pandemic’s economic impact, it’s not… Read More
Latest Scam Alert: Card Fraud and What to Do If You are a Victim The Scam One of the most common scams today is card fraud, the unauthorized use of a credit or debit card to fraudulently obtain money or property. Fraudsters use multiple tactics to collect this information, including copying your card’s magnetic strip (known as skimming), intercepting your card in the mail, or using a strategy called “formjacking,” where… Read More
Seven Smart Ways to Prepare for a New Baby According to the CDC’s National Center for Health Statistics, the sweltering summer months host the highest birthrates, with August taking the lead for largest number of births. While we can only speculate about why so many babies are born this time of year (insert cheeky remarks about too many holiday drinks), we recognize this is… Read More
6 Simple Tips to Help Teach Your Teen Good Money Habits Whether or not we like to admit it, money is the motivating factor in most of our decisions. Yet, managing it effectively is a tough subject to grasp, especially for young adults. Considering only one-third of U.S. states require students to take a personal finance class, the onus falls on parents and guardians to impart… Read More
529 (College Savings Plans) Events for Parents and Students at FirstBank Locations For those of you that want to learn more about our College Savings Accounts (CSAs), also known as 529 accounts, we have some special events planned at four of our Colorado FirstBank locations: When and Where: each location will activate from 11 a.m. – 2 p.m. Friday, May 10; Loveland (1352 W. Eisenhower Blvd.) Friday,… Read More