Entries by Lynn Berube

What Does the New FICO Scoring System Mean?

by Paul Mulligan, SVP, Retail Lending When you apply for a loan, lenders have access to a variety of information they use to decide whether to give you a loan and at what terms.  The most popular of those resources is your FICO score, a three-digit rating based on information in your credit reports, which […]

What you need to know about using P2P payment apps

By Lynn Viesti Berube One of the unique features about today’s app-centric society is there’s an app or just about everything, it seems.  It’s great to be able to download apps and take care of so many things on your mobile devices.   On the other hand, because these apps tend to be fairly targeted – […]

Peer 2 Peer Payment Apps Give Consumers More Choice

By Celeste Lohrenz As it has been with nearly every industry, digital technology is changing the way people bank.  Online tools and mobile apps are making it easier for people to manage their finances, giving them modern options to replace traditional options.  P2P (Peer To Peer) payment apps, for instance, have become highly popular as […]

How are You Getting Rid of Your Old iPhones and Computers?

By Dave Wall Every time Apple, Samsung, or any other electronic device manufacturer releases new products, the media tends to grab hold and saturate news feeds with the incredible advances these new product bring for consumer and business users. They’re not wrong of course – think about all the things we’re now able to do […]

Are Millennials Putting Themselves at Risk with their Digital Habits?

By Pam Reiss According to the FBI’s Internet Crime Complaint Center (IC3), the number of reported incidents of cyber fraud continues to increase, reaching to 351,937 in 2018, 16% more than 2017 and a 30% increase from 2014.  Losses from these incidents are growing even faster, reaching more than $2.7 billion last year, an increase […]

Identity Theft vs. Identity Fraud: What You Need to Know

By Tyler Haskell Identity theft and identity fraud are becoming all too common today, with the economic impact to banks, businesses, and customers reaching well into the billions annually. In 2018, roughly 14.4 million American adults were victims of identity fraud, with losses totaling $14.7 billion. The two terms – identity theft and identity fraud […]

Sensible Saving: Financial Tips for Recent Graduates

By Cortney Meng With the end of another school, a new class of college graduates is entering the workforce.  Regardless of where their career paths may take them, they share one constant – they will need to support their chosen lifestyles.  It also means starting to prepare for the future, which is likely to include […]