Your Community Bank's eNewsletter November
2016
|
Greetings Friends of FCCB,
I hope you are enjoying this beautiful season! As we transition into the holidays, we start to think about bringing our friends and family near. That includes the FCCB community. We are grateful and humbled to serve you, and thank you for your business. I hope you enjoy your time with family, and know that you're always a part of ours.
Happy Thanksgiving,
Sheila Mathews | President and CEO
|
FCCB Provides Early Financial Literacy
FCCB paid a visit to the Boys and Girls Club of La Plata County last month. The group took a break from their early financial literacy lessons for a goofy photo with the bank's signature shades.
|
|
Anytime, Anywhere, FCCB
Steven D. Schlagel, CPA, CEPA, JD uses FCCB's remote deposit capture, allowing him to make deposits anytime to his account right from his business. Saving a trip to the bank means he can focus on what matters most to him: small business coaching, mentoring, and consulting.
Read more about Steven and his
advice for small business
here.
|
|
|
|
Notice: Some Bill Pay functions may not be available as of Nov. 16 if outdated or unsupported web browsers are used. FCCB recommends upgrading web browsers to the latest version for the highest level of security protection and ease using online banking.
|
Holidays:
All FCCB locations will be closed
Friday, November 11 for Veterans Day and
Thursday, November 24 for Thanksgiving.
|
|
Tip: 6 Financial Tips for Family Caregivers
|
According to the Caregiver Action Network, more than 90 million Americans care for a loved one living with a disability, disease, or experiencing reduced financial capability as a result of aging. Financial caregivers, such as those with a power of attorney, trustee, or a federal benefits fiduciary, play an important role in ensuring that all finances
from routine to complex
are managed wisely. In recognition of National Family Caregiver Month, FCCB encourages financial caregivers to better understand their role with the
following tips:
1. Learn the rights and restrictions that apply to your role. Financial caregivers are fiduciaries with a duty to act and make decisions on their loved one's behalf. Learn the legal responsibilities of your assigned authority in order to better execute this position.
2. Manage money and other assets wisely. Financial caregivers may be in charge of daily, unexpected, and future expense their loved one may incur. Especially if the beneficiary has a fixed income or limited finances, it is extremely important that caregivers minimize unnecessary costs and budget accordingly to ensure that all funds are properly allocated.
3. Recognize danger signs. Seniors have become major targets for elder financial abuse and fraud. Stay alert to signs of scams or identity theft that may put assets in peril.
4. Keep careful records. When acting as a financial agent, proper documentation is not only encouraged but required. Make sure you keep well-organized financial records, including up-to-date lists of assets and debts and a streamline of all financial transactions. 5. Stay informed. Monitor changes in financial status of the beneficiary and take appropriate action, as needed. Also, be aware of any changes in the laws affecting seniors. 6. Seek professional advice. Consult a banker or other professional advisor when you're not sure what to do.
|
 |
Product Feature: Positive Pay for business customers
|
Positive Pay is a fraud prevention tool that allows commercial customers the ability to monitor items posting to their accounts, and decide whether to pay or return any item that does not match records of issued items.
Here's how: The business customer uploads a file to the bank that lists all check items they have issued, including the check number and amount. As items are presented for payment, the system compares each one against the uploaded list. Any non-matching item becomes an exception for the business owner to decide whether to pay or return.
Cash management and online banking are required to use Positive Pay.
Call us toll free at 855.547.3222 for more information.
|
|
Four Corners Community Bank
500 West Main Street, Suite 101 | Farmington, NM 87401
NM: 505.327.3222 | CO: 970.565.8421 | Toll free: 1.855.547.3222
ADVERTISEMENT
|
|
|
|
|
