Monday, December 28, 2009

$1,500 Scholarship from NAECU

North Alabama Educators Credit Union is offering a $1,500 scholarship in 2010. Applications will be available starting January 1, 2010 through April 1, 2010. Applicants must be a 2010 graduating high school senior or equivalent. A primary membership account with NAECU is required prior to the awarding of the scholarship in 2010. Keep in mind that all students in Madison, Morgan, and Limestone counties of Alabama are eligible for membership in North Alabama Educators Credit Union. Relatives of existing members are also eligible for membership.
The application is available online on our home page at Applicants can also stop by any NAECU branch office to receive a scholarship application. Good luck to all applicants!

Tuesday, December 22, 2009

Merry Christmas from NAECU

From the officials, management, and staff of North Alabama Educators Credit Union
- Merry Christmas and best wishes for a safe holiday season.

Wednesday, December 16, 2009

Oh, You Better Watch Out....

The holiday season is a wonderful time of the year. Unfortunately, the holiday season is also a prime time for fraud activity. Member education and awareness is so important during this shopping season as so many individuals face financial difficulties during these economic times.

Below are some Holiday Fraud Prevention Tips to help protect against becoming a fraud victim this holiday season;

Ensure that receipts reflect the correct transaction amount.

When performing a PIN transaction, ensure that others are not watching you to capture your PIN number.

When using a debit card, you may select "Credit", which requires a signature and extends the $0.00 member liability under the VISA/MasterCard association rules.

Review all accounts (checking, savings, credit card) activity daily.

Lower your credit limit on credit cards during the holidays.

When paper checks are converted at a merchant to an ACH electronic draft, store voided checks safely to prevent counterfeit checks or unauthorized ACH transactions.

Be suspicious of emails from unknown parties; don't open the email or click any links within them. Watch for electronic greeting cards from strangers.

Shop online with trustworthy merchants who require security information such as address verification and the CVV2/CVC2 number on the back of your card.

When shopping in person or using an ATM, be aware of your surroundings and report any unusual activities.

Never leave your purse, wallet, or cards unattended. Do not lock your purse in a trunk at a public place, thieves can observe this and quickly break a window and release the trunk lock.

Finally, if an offer seems too good to be true, it probably is, so be cautious.

The average fraud victim loses over $900 as a result of a fraud case. No one wants to part with $900 these days so be cautious and safe this holiday season.

Monday, December 7, 2009

Animated Unemployment Map by County

The rising unemployment rates throughout the country are provided in this animated map that tracks the history from January 2007 to October 2009. The results are reported monthly by county throughout the United States.

The visual effect is sobering to say the least. Click HERE or the map above for the link.