ABA: 7 Ways to Avoid Online Fraud
WASHINGTON — Internet fraud continues to be a growing problem in the U.S. According to the FBI’s Internet Crime Complaint Center, in 2014, the agency received approximately 270,000 complaints from consumers who were exposed to online fraud — up from nearly 263,000 in 2013. In recognition of Internet Safety Month in June, the American Bankers Association is…
ABA: 6 Financial Traps New College Graduates Should Avoid
WASHINGTON — As college seniors across the nation graduate and start their careers, their financial lifestyle should be top of mind, says the American Bankers Association. ABA has highlighted six traps new college graduates should avoid to fortify their finances as they transition from the dorm to the office. “Now is the time for college…
ABA: The Grandparent Scam – What You Need To Know
May is ‘Older Americans Month’ WASHINGTON — Every year thousands of seniors fall victim to impersonation scams. According to the Federal Trade Commission, between 2012 and 2014, consumers reported more than $42 million in losses from scams involving the impersonation of family members and friends. These scams, commonly known as the “grandparent scam,” is a…
ABA: Foundation Community Commitment Awards Call for Entries
Deadline for entries is July 1 WASHINGTON — The American Bankers Association’s Foundation is requesting submissions for its annual Community Commitment Awards to recognize banks’ essential involvement in their communities. The awards will honor innovative, high impact contributions banks make to the customers and communities they serve. The entry period will extend to July 1. “Receiving a…
ABA: Bankers Celebrate 20 Years Teaching Children to Save on April 29
Estimated 450,000 children will be reached in 2016 through Teach Children to Save WASHINGTON — More than 13,000 bankers will host financial education events across the country this week in celebration of the 20th annual Teach Children to Save Day on April 29. Since 1997, Teach Children to Save and the ABA Foundation’s financial education initiatives have…
ABA: 8 Banking Tips Millennials Need to Know
WASHINGTON — As millennials juggle a multitude of responsibilities — from school, to work, to planning for major life events — the American Bankers Association is highlighting eight banking tips to help them secure a financially sound future. “Millennials are digital natives who understand the importance of staying connected socially, but staying connected to their bank can…
ABA: Out With The Old, In With The Savings – 6 Tips To Spring Clean Your Finances
WASHINGTON — For many Americans, spring is a time to clean, sort and tidy up around the house. As consumers dust off their shelves and rid their homes of clutter, the American Bankers Association encourages them to organize their finances. “The arrival of spring motivates people to renew their surroundings, and what better way to…
ABA: 12 Tips To Secure Your Mobile Devices
March 6-12 is National Consumer Protection Week WASHINGTON — As consumer use of mobile devices continues to climb, cyber criminals are targeting those gadgets more frequently. In recognition of National Consumer Protection Week March 6-12, the American Bankers Association is highlighting 12 things consumers can do to protect the data on their mobile device. “Banks use sophisticated…
ABA: Teen Named Grand Prize Winner Of National Video Contest
WASHINGTON—In recognition of America Saves Week, the American Bankers Association Foundation announced today the three national winners for its 2015-2016 Lights, Camera, Save! video contest. The winning videos were revealed through a live broadcast on the association’s YouTube channel. The judging panel, which consisted of personal finance and communications experts, awarded Nathan Mitchell of Waco, Texas the grand prize for his…