In the early days of civilization, we paid for things with the barter system. Then there was cash and credit cards. Now payments are transitioning more into the web enabled world – through services like PayPal, Apple, Amazon and more. All three platforms including PayPal, Apple Pay and Amazon Pay were developed as a trusted e-commerce web based platform and also have …
Kudos to Brad Oakes our CEO on his recent appointment to Chairman of the Banker’s Bank of Kansas. Bankers Bank services the Majority of Kansas’s community banks statewide, and is an integral partner to the future of community banking.
Skimming is form of identity theft involving debit cards. Skimming is accomplished in a number of ways but always involve capturing both the information on the magnetic strip on your debit card and your pin you use to complete a debit transaction. Thieves place electronic devices over top of debit ATM machine swipers to intercept the information that is stored on …
Here are 5 Ways to Save in 2018! 1. Make your coffee at home According to Business Insider, if you buy coffee you spend $1-$5/cup whereas brewing a cup of coffee at home costs ~17 cents/cup. In other words, purchasing coffee every work day costs you $240-$1200/year and making your own coffee only costs about $45/year. Brewing coffee at home …
Come enjoy cookies with Santa Thursday, December 8th 3:30 p.m.-5:30 p.m. FirstOak Bank 113 North Penn. Avenue
Here are 4 stats to avoid with your finances! 1. One third of Americans only make the minimum payment on their credit cards each month. Making the minimum credit card payment means that you pay more interest! Carrying a high balance can also hurt your credit score because of the high utilization rate. Only use credit cards to make purchases …
It seems like we always owe someone money whether it’s for pizza Friday night or to chip in on mom’s birthday present. As technology continues to improve, there are several quick and easy ways to transfer money. But which of these options are the best? Here we weigh the pros and cons of 4 money transfer systems. Your FirstOak Bank …
you might be affected An estimated 143 million US consumers could be affected by a cybersecurity attack carried out against Equifax, one of the largest credit-reporting companies. There has been no evidence of unauthorized activity in the Equifax credit reporting database at this time. The information that may have been compromised includes names, Social security numbers, birth dates, addresses, and …
Summer is officially over and kids are headed back to school! One lesson that is best taught by parents, is money management and savings. It’s the perfect time to start educating your kids to manage finances by opening a savings account! When your child opens a savings account, he or she will also learn to perform basic banking tasks such …
Identity theft and credit card fraud affect a vast number of Americans each year. It is estimated by Bankrate.com that up to 41 million Americans have already had their identity stolen, and an additional 49 million people know someone that has been a victim. This boils down to 2 out of every 5 US citizens being directly affected by this …