Financial Literacy Blog
Sensational Home Improvements for Summer
June 25, 2024 It’s a great season to tackle home renovations with help from a Home Equity Loan or Home Equity Line of Credit (HELOC). There’s nothing quite like warmer weather and sunny days in Maine. Now that summer is here, it is prime time to get your great outdoors looking, feeling, and functioning at…
Identify and Avoid Scams This World Elder Abuse Awareness Day
June, 2024 – by Jake Holmes, Maine Credit Union League Blog provided by the Maine Credit Union League Fraudsters and scammers are ever-evolving, deceptively clever, and relentless in their attempts to obtain peoples’ money and personal information––making it essential to stay educated and up-to-date on the latest scam trends. Sadly, a growing trend of those…
Lost Wallet? What’s Next?
July 17, 2024 Blog provided by the AARP Fraud Watch Network We’ve all been there; you reach for your wallet and find nothing in your pocket or purse. The panic we feel in that moment is real because our wallet can be a treasure trove for criminals, who can go on to perpetrate credit card…
Moving Scams
August 16, 2024 Blog provided by the AARP Fraud Watch Network Summer seems to be the season for moving. Whether you’re relocating for work, downsizing or sending a child off to college, who you hire to help with the move matters a lot. Cutting corners to save money on your move could lead you right…
Crypto ATMs: What to Know
June 6, 2024 Blog provided by the AARP Fraud Watch Network If you’re like most Americans, you walk right past a tool used to steal a reported $35 million from US consumers last year each time you go out for groceries. Cryptocurrency ATMs are often colorful kiosks that are popping up in supermarkets, convenience stores,…
Cool Tip: Freeze Your Credit!
April 2024 Temperatures might be on the rise but it’s smart to keep your credit report on ice. By Abbey Ramsay, Consumer Lending Manager, AVP You may have heard about freezing your credit but might not know what that means. Well, we are here to help defrost any confusion. A credit freeze is a voluntary…
UCU Has Earned the AARP BankSafe Seal
April 2024 We’re thrilled to share that we have earned AARP’s BankSafe Trained Seal in recognition of our unwavering dedication to protecting our elder members from financial exploitation. The BankSafe designation is earned after over 80% of an organization’s frontline staff completes AARP’s comprehensive BankSafe training. Jilenne Gunther, National Director of AARP’s BankSafe Initiative, is…
Tips for Getting Financially Fit for Financial Literacy Month
March 2024 At UCU, we know that reaching your financial goals is essential – and when you know more about money management, you are more likely to navigate financial challenges successfully and achieve those goals. With April being Financial Literacy Month and Credit Union Youth Month, there has never been a more appropriate time to…
What’s Next in Fraud
February 2024 As technology advances, you can expect fraud techniques to get more sophisticated. Today, fraud is a booming business, valued in the billions of dollars nationwide each year. What can you expect and, even more important, what can you do about it? Educating yourself is the best step, so read on for our insights…
Make Your Money Work for You
January 24, 2024 In tight financial times, every dollar counts more than ever. You work hard for your dollars, so it’s important to make your dollars work hard for you too! Follow these tips to help maximize the impact you can make with your money. Go for High Yields One fundamental way to make your…
