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We understand that news about Silicon Valley Bank and Signature Bank has raised concerns about the safety and stability of financial institutions. These banks experienced a failure rooted from poor risk management and losses from fixed rate investments. At Lafayette Federal Credit Union, we have consistently adopted prudent and conservative risk management practices and have…
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We are excited to share with you that Lafayette Federal Credit Union has been named to America’s Best Banks List 2023 by Newsweek, a second-year recognition for our growing credit union. Newsweek partnered with Lending Tree to assess thousands of banks and credit unions nationwide, using a ranking system with over 50 different factors to…
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Filing your taxes is a rite of passage for those of us in working world, one that can be confusing, exhausting and daunting. Unfortunately, fraudsters take advantage of this often overwhelming time with an ever-growing scam that involves stealing your personal information, such as your social security number (SSN), and using it to file (and…
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Each year, many students undergo the process of applying for and receiving financial aid for their education. Since February is Financial Aid Awareness Month, and if you’re a student in this boat, we’re here to provide you with the information you need to get a jump start on the process. The process can be difficult…
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According to the Internet Crime Complaint Center (IC3) and the Better Business Bureau, the prevalence of online scams – and the number of people falling for them – has dramatically increased since the onset of the pandemic. This increase in scams has been seen everywhere, from online shopping scams to work-from-home scams and, yes, even…
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You may already know that it’s important to use credit cards responsibly. You also may have heard stories from those who learned that a credit card can be a double-edged sword, a great way to establish and maintain good credit, but sometimes can land cardholders in a world of financial trouble if they aren’t properly…
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ATM and debit cards have become a routine part of life in many households. It’s no wonder, since they provide 24-hour access to your money any time of the day or night. Protecting yourself and your ATM or debit card should be a part of your daily routine: Keep Your Card Safe Never leave your…
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The holiday season is a time to be especially vigilant for online scams. Scammers are privy to the fact that consumers will be spending more time online during the holiday season, looking for great deals. Additionally, people increase their social media usage during the holidays, often sharing traditions, photos and participating in holiday-themed online activities.…
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In the age of The Great Resignation, increased remote work possibilities, and wage increases that are still not keeping pace with inflation, job seekers are actively looking for better work opportunities. Many of them are looking for positions that offer flexible work hours, the freedom to work from wherever, and wages that allow them to…
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