Last updated 1 day 4 hours ago
Fraudulent emails posing as financial institutions are an attempt to compromise your computers. Below is an example of an American Express phishing attempt:
While this is an AMEX phishing attempt, these emails can take just about any form. If you receive a suspicious email, ask yourself a few questions:
Is this an email that would normally be sent to me?
Does the company normally send emails about this subject?
Hover over the link in the email--does the URL that pops up in the balloon match where it says it came from?
Are there any typos in the message?
One rule to remember: when in doubt, always call the number on the back of your card, NOT the number listed in the email. The same goes for voicemail messages!
Last updated 8 days ago
Credit unions were once options only for certain demographics, such as members of the same religious organization or armed services. However, people frustrated with the high transaction fees and unrewarding interest rates that many banks currently provide may be happily surprised to learn that they too can join a credit union. The following types of credit unions are just a few of those that are allowing more people to join their ranks than ever before.
Conservation-Minded Credit Unions
Environmentalism continues to grow in importance around the country. More people are recognizing the need to conserve natural resources and rectify damage already done to the environment. Some credit unions share this passion for conservation and offer membership to those who wish to put their energies toward earth stewardship. These credit unions often provide opportunities for members to participate in local environmentalism events and enjoy discounts based on their steps to conserve natural resources.
Community Credit Unions
A healthy community can benefit all of those who live in it. That’s why more and more community credit unions are opening across the United States. These entities value the economic health and prosperity of their members. To help their members become contributing individuals to their local community, these credit unions offer affordable mortgage rates that help keep people in their homes. They may also give seminars on financial wellness to better educate their members on staying financially afloat.
College-Affiliated Credit Unions
College-affiliated credit unions offer a wonderful opportunity for young adults who are just learning how to manage their financial assets. These organizations often provide checking accounts with no minimum balance or membership fees. They may also offer alumni highly competitive car loan and mortgage rates. Given that many colleges play a prominent role in their local communities, some college-affiliated credit unions may also allow local residents to become members.
121 Financial Credit Union can help you enjoy greater benefits from your finances. For more information on the benefits we provide our members, call (904) 638-8026. Our credit union offers financial services for individuals in the greater Jacksonville community.
Last updated 16 days ago
Credit unions have gained widespread popularity across the United States in recent years. Their appeal stems in large part from their credit card interest rates and low transaction fees. However, people unfamiliar with these financial institutions might wonder what regulations govern their facilities and members. Credit unions can accept only those individuals who qualify under their membership rules. Unlike banks, which typically accept any person with monetary assets, credit unions have specific stipulations. Some might allow only students or alumni of a particular college to join. Others may require members to be part of a certain employment union. Just like banks, though, credit unions have policies in place that secure the assets of their members. The FDIC protects up to $250,000 for each bank customer, and the National Credit Union Administration provides the same safeguard measures for all credit union members.
Do you have more questions about how credit unions work? Call 121 Financial Credit Union at (904) 638-8026 to speak with a representative from our Jacksonville location. We can address your concerns and answer your inquiries.
Last updated 23 days ago
The vast majority of people today trust their money to financial institutions for security purposes. Banks have often been the entity to which people turned when they needed to keep their assets in a safe location. For more than 100 years, however, credit unions have been providing the same benefits with far fewer drawbacks than banks typically bring.
What many people may not realize is that banks do not have altruistic motives. Yes, they can provide a secure location for financial assets, but their sole goal is not keeping the money of their customers safe. Banks are in the business of making money. For this reason, they often invest the money that their customers entrust to them. In contrast, making money is not the primary objective of credit unions. Any profits that are made are given back to members through better interest rates and lower fees.
Credit unions refer to the individuals who use their services as members. This title is appropriate, as each person who enlists the services of a credit union essentially purchases a small part of it. Being part owners, credit union members also have a say in how the credit union is run.
Over recent years, controversy has developed regarding the considerable incomes that bank leaders often enjoy even when their banks succumb to bankruptcy or other financial hardships. Credit union members never need to fear that their assets are being put toward inflated salaries. In fact, the individuals who oversee the management responsibilities of credit unions are brought on board as volunteers. Members often vote them into office as well, which attests to the transparency of credit unions.
121 Financial Credit Union values the membership of each person who joins our organization. If you would like to find out more about our business practices, call (904) 638-8026. You can also visit our website for additional information on our Jacksonville-based credit union.
Last updated 24 days ago
121 Financial Credit Union not only provides our members with incredible service, we also strive to create an awesome environment for our employees.
This Halloween, our branches had a fantastic time decorating the office! Check out the pictures below:
If you are looking for a job in banking, 121 is now hiring! Come join a great team where you will truly love where you work. If you are interested in employment opportunities at 121 Financial, please visit our website!