Trust First Community Bank to share the latest news of note from the world of banking and finance, designed to inform and provide valuable tips and insight.
When it comes to preparing for hurricanes, financial readiness is as important as a flashlight with fully charged batteries.
With Valentine’s Day just around the corner, you or your friends might be thinking about love. But not everyone is — some are just looking to get into your pockets. Read on so you can spot and report scammers before they trick someone you care about out of money.
Lottery Scams
Scammers are tricking more people into buying gift cards
by Cristina Miranda, Division of Consumer and Business Education, FTC
According to the newest Data Spotlight, 40,000 people reported losing a whopping $148 million in gift cards to scammers during the first nine months of 2021.
Scammers are looking for people to help them move stolen money. They visit online dating, job search, and social media sites, create fake stories, and make up reasons to send you money, usually by check or Bitcoin.
Be Aware
In recognition of National Data Privacy Day on Jan. 28, First Community Bank is urging consumers to take an active role in protecting their data.
by Colleen Tressler, Division of Consumer and Business Education, FTC
The Coronavirus pandemic has not only had a dramatic health impact, but also an economic blow as many Americans are now unemployed — and uninsured.