CBWY Blog

Unlike the younger generations who grew up with the internet, tablets and modern technology, older family members can face unique challenges in today’s digital world. Many technologies serve to make tasks simpler, provide personalized services or hold capabilities that benefit seniors and older adults.  Yet the online world is host to a variety of threats that may not be obvious to older users.

Considering the historic levels of data breaches during the past few years, fraud and identity crimes are a threat to families everywhere. While adults may know that they need to take precautions to protect their personally identifiable information (PII), making sure your children understand the same safety steps is just as important.

One of the most important lessons we can teach our children is the value of money and the importance of saving it. Saving money not only helps us achieve our goals, but it also teaches us self-discipline, patience, and responsibility. Many adults wish they had learned these skills earlier in life. That's why it's so important to start the process early on and teach our children the value of saving from a young age.

For many people, retirement can seem like a far-off concept that’s hard to plan for. But if you start saving early, you can take advantage of the power of compound interest and build a nest egg for your golden years. One of the best ways to do this is by investing in an Individual Retirement Account (IRA). IRAs are great tools to save for retirement because they offer tax benefits and the potential to grow your money over time.

Anywhere you are asked for a form of identification, such as the airport or the DMV, acceptable documents typically include a driver’s license, birth certificate, passport or Social Security card. But in an increasingly online world, digital identity credentials are becoming more common. In fact, 98% of security professionals have reported an increase in the number of identities they manage within the last year – meaning there are more digital identities than ever before.

Here are some tips to help you stay safe while using mobile banking.

• Download official banking apps only
• Use strong passwords and biometrics
• Enable two-factor authentication
• Keep your device updated
• Avoid public Wi-Fi networks
• Monitor your accounts regularly
• Only pay people you know

Whether you’ve just started researching or you’re ready to start house hunting, we’ve gathered a few tips to help you on your home buying journey.  

Having a savings account comes with several benefits that can help you reach your financial goals faster. Saving Accounts can provide a sense of security and stability during difficult times or unplanned expenses. In order to start taking advantage of the benefits of having a savings account, you need to know how to save money effectively.

Cybercriminals have been getting more sophisticated in their attacks, employing advanced technologies like automation and artificial intelligence (AI) to make their attacks more effective. While it once was considered secure to use a six- or eight-character password to keep your personal information safe, today’s cyber landscape requires stronger, more secure password protection.

This year our culture committee challenged us to complete a service project that benefits our community that is driven by our culture statement, Community Minded.  They called this challenge, Project [Blank], with our team filling in the blank as to what project to choose.  We accepted the challenge and got to work!  We filled in the blank and chose to call our plan, Project Hope.