Beware of Senior Phone Scam The Wisconsin Better Business Bureau is issuing a nationwide alert, urging caution to seniors who may receive a telephone call from “AFD Medical Advisors,” selling a prescription drug discount plan or referencing Medicare and requesting a bank account number.
Consumers often wonder about whether or how to add someone else, usually a relative, to a bank account. These decisions are not to be taken lightly. FDIC Consumer News can’t advise you on how to share your money or your accounts, but we can give you guidance about the implications of adding names onto deposit […]
Receiving bank and investment account statements and other documents (such as credit card bills) online instead of in the mail can have benefits — including convenience, less clutter and fewer trees being cut down — but electronic statements can raise concerns. Here are ways to manage electronic documents: Take security precautions. Because financial documents contain […]
What’s the Right Account for Your Everyday Banking Needs? Questions and tips to help you narrow down the choices: It’s important to have a banking product to handle everyday financial needs that range from making payments to getting paid. There also is no shortage of options — from different kinds of checking accounts to products […]