Studies show that increasing financial pressures are directly tied to an increase in fraud. You know the saying, “desperate times call for desperate measures” so would-be fraudsters are more inclined to take the risk and rationalize their bad behavior during tough times. Many economists predict a recession is coming in 2023 but no one knows when … [Read more...]
Tough Times Lead to Increasing Scams
Used Autos Are a Great Option
It seems like finding a new vehicle at a reasonable price is nearly impossible. Because car manufacturers are catering to a full luxury market, new autos are downright expensive! Now’s a good time to consider the used car market, where prices are falling consistently from pandemic highs. Kelley Blue Book reports that the average price of used cars … [Read more...]
Insuring Your Money Over $250,000
In light of recent bank failures, we thought it would be a good time to remind members that their money is safe at Members Trust. In addition to the strength of Members Trust, your funds are protected by the National Credit Union Administration or NCUA. NCUA operates and manages the National Credit Union Share Insurance Fund (NCUSIF), which insures … [Read more...]