Spencer Savings Bank has joined the American Bankers Association and banks across the nation to promote an industry-wide campaign educating consumers about the persistent threat of phishing scams. The FTC estimates that consumers lost $5.8 billion to phishing and other fraud in 2021, an increase of more than 70% compared to 2020. To combat phishing, …
The holidays are here and some of you may still be wondering what to buy for the grandkids or special little people in your life. There is nothing like getting them a financial gift that will keep on giving – their adult selves will thank you! And remember, it does not have to be an …
The holidays are a joyous time for many, but it can also be a stressful one, particularly if you’re concerned about your finances. Gifts, dinners out and special events can get expensive, and the dollars add up quickly if you’re not careful. With a little planning and foresight, however, it’s possible to keep yourself from …
Americans lost $3.3 billion to phishing and other fraud in 2020, a 2x increase from 2019. We’re kicking off cybersecurity month by participating in the American Bankers Association’s (ABA) #BanksNeverAskThat campaign, an industry-wide campaign created to educate consumers about the persistent threat of phishing scams. Follow us on social media where we will be sharing …
One of the biggest lessons businesses learned during the 2020 pandemic was how fragile their supply chains really were. Many businesses folded, not because customers did not have access to a company’s offering, but because companies could not sell their products. Fortunately, there is much you can do to prevent the same from happening to …
Many businesses focus far too much on finding new customers and not enough on keeping the ones they have. Although getting new customers is important, you’ll make even more profit by instilling customer loyalty in your buyers and encouraging repeat purchases. As such, you’ll want to focus your efforts on boosting customer retention. Customer retention …
All the steps you take to purchase a home – finding property, getting a loan and negotiating the price – are all important. The last leg of the buying process is about coming into ownership. These are the steps necessary for you to come in possession of your home. Performing Inspections Regardless of the property …
Are you thinking about taking a trip this year or planning a dream vacation for the next? It’s summertime and vacations are on the mind! Whatever your future vacation plans may be, this year or next, know that cutting costs is always valuable. You truly do not have to go into major credit card debt …
Now is a great time to look at ways to prepare your home for summer. It is a good idea to take a few proactive steps to ensure your house is well-prepared for the upcoming months and reduce some costs. Summer months can bring some of the highest energy costs. Taking the time to do …
President Biden recently signed a new $1.9 trillion COVID relief package. This bill, called the American Rescue Plan, is the third major stimulus package that the federal government has made law. The plan includes another round of stimulus checks, extended unemployment benefits, expanded tax credits, funding for schools and state/local governments and much more. Having …