Building and Managing Credit Effectively April 18, 2022 The ability to effectively manage your credit is a key component of financial literacy and the purpose of today’s article is to briefly shed light on a few credit essentials. What is credit, and why is it important? Before we get into what factors make up a credit score, it’s helpful to grasp why it’s… Read More
Stop Doing These 8 Things This Earth Day April 15, 2022 Earth Day is April 22nd, and in honor of the special day, we’ve compiled a list of eight things you could stop doing to be more environmentally friendly while saving some cash. 1. Stop receiving paper statements One of the simplest ways to reduce your climate impact is to switch to paperless statements. According to… Read More
Quick and Easy Financial Checkup: Are you on Track to Meet Your Goals? April 11, 2022 Like many people, you may have started this year intending to spend less and save more. And like many people—80 percent, in fact—you’ve probably already broken your New Year’s resolution. That’s okay; there is still enough time to reevaluate your goals and get back on track. Reassess Your Goals But before you recommit to your… Read More
Su plan para un mejor presupuesto April 4, 2022 Es posible que elaborar un presupuesto no sea la tarea más glamorosa de su lista de tareas pendientes, pero ciertamente es una de las más importantes. Esto se debe a que los presupuestos afectan cada parte de su vida financiera, desde cuánto puede ahorrar para unas vacaciones paradisíacas hasta su capacidad de pagar la deuda… Read More
What You Need to Know to Help Avoid a Business Email Compromise March 21, 2022 Business Email Compromise (BEC) is a cybercrime scam where an imposter attempts to access critical business information or request payment in order to defraud a company. Cybercriminals send emails that appear as though it is coming from a vendor, trusted business partner, or a trusted source within the company. BEC Examples The following are common… Read More
FirstBanker Named a Banker of Distinction by Colorado Bankers Association March 11, 2022 FirstBank Multicultural Banking Center Vice President Cristal Corral Macias was recognized by the Colorado Bankers Association (CBA) as a “Banker of Distinction” for her contribution to improving financial literacy among businessowners, women, children and multicultural groups. Cristal and four others were honored during the CBA Legislative Briefing session on March 2, 2022. The award is… Read More
How to Stop Online Scammers February 17, 2022 Shopping trends are changing, and a record number of consumers are making their purchases online. As more people turn to tech for their shopping needs, the scammers are quickly following suit. A 2021 TransUnion survey found that digital fraud attempts in the U.S. rose 17.1 percent from the same time the previous year. That means millions of… Read More
What the New $600 IRS Tax Law Means for Zelle Users February 10, 2022 There have been recent questions and concerns about the American Rescue Plan Act – a new IRS tax law, requiring certain payment networks to report $600 or more in total payments received for goods and services in a calendar year. Our goal is to provide clarity on how this new law may impact individuals and… Read More
Última alerta de estafa: Evitar estafas de cachorros January 20, 2022 Con personalidades adorables y la voluntad de mostrar amor incondicional y lealtad, no es de extrañar que los perros sean el mejor amigo del humano. Desafortunadamente, los estafadores también lo saben, y usan una variedad de tácticas para aprovecharse de los amantes de los perros desprevenidos que buscan comprar un perrito. Sin embargo, puede evitar… Read More
Latest Scam Alert: Avoid Becoming a Victim of Donation Fraud January 4, 2022 Unfortunately, when disaster strikes, criminals often use tragedies to exploit those who want to help. Donation fraud can happen at any time and has become even easier to commit because of current technology. With the Marshall and Middle Fork fires in Colorado, FirstBank is here to help protect you from scammers who want to take… Read More