The Annual Meeting of Members is scheduled for
Tuesday, April 3 at 4:30pm
John Boyle O’Reilly Club
33 Progress Avenue, Springfield
New Business will include:
- Election of 5 Directors
- Approval of Directors’ expenses for the prior year
- Approval of the Officers’ Reports
- Field of Membership
Proof of identification required. Credit Union members must be in good standing to participate.
Michael S. Ostrowski, President and CEO of Arrha Credit Union testified on an act to modernize credit union laws before the Joint Committee on Financial Services. Ostrowski testified on allowing technological advances; increasing transactional authority for chartering and merging credit unions; and increasing in state authority for low-income designation.
The bad news is that there’s a good chance your personal information was stolen during the massive data hack of Equifax, one of America’s three largest credit reporting agency.
More than 140 million Americans affected
The recent data breach in which more than 140 million Equifax accounts were hacked is considered one of the largest ever, and serves as a reminder that we now live in a time that requires all of us to take proactive steps to protect our financial and personal data.
On July 6, 2017 the Federal Trade Commission (FTC) issued an alert on scammers posing as FTC officials who contact individuals and claim they have won prizes from a charity contest. The scammers ask for money to cover taxes or insurance costs associated with the prize. While this is a new malicious campaign, scammers use these basic tactics time and time again with slightly different wording to take advantage of unsuspecting individuals. It may seem like a day doesn’t go by without scammers contacting you online or by phone seeking money and/or personal information.
A healthy savings account is your best defense against life’s curve balls. But sometimes setting aside some money every paycheck isn’t enough—particularly when you’re just starting out in life.