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  • January is Scam Alert Month (Part 1)

    Posted in Board Brief on Jan 18, 2023

    Have you heard of Check Washing?

    Unfortunately, it’s the latest scam. Check Washing is where a physical check is obtained illegally by bad actors. They use a solvent to erase the ink on the “Pay To” and “$ Amount” fields, insert a new Pay To and a much larger $ amount. They cash or deposit the check into an account controlled by them.

    How can you protect yourself against Check Washing?

    We recommend a couple solutions; actively manage your Share Draft balances and consider using Bill Pay.

    Actively managing your Share Draft account balances means you keep a smaller balance in your Share Draft a...

  • unLOCk (Part 3)

    Posted in Board Brief on Dec 21, 2022

    Inflation, Your Money and the Holidays

    Finding yourself in one of these circumstance? Which best describes your situation?

    1. You’re all set. You’ve completed your list and there’s nothing to do but open the presents. But, you’ve gone over your budget, maybe by a lot.
    2. You’ve got more to buy, but you’re up against your shopping budget.
    3. You’re over budget. You’re wondering how you got there and maybe you have more on your list to buy.

    Our Advice-Wrap up all your debt into one, low, fixed-rate payment with unLOCk.

    To learn more about our unLOCk loan, CLICK HERE: https://www.kenteachfcu.com/unl...