Plus, donate to CCCU's annual school supply drive.
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Bonus Checking is Now Earning 4.07% APY* Interest!
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We’ve doubled the rates on Bonus Checking and members can now not only enjoy higher interest rates1, but also BONUS benefits. Other checking accounts are no match for CCCU’s checking account! With a $5.95 subscription fee, you will earn the high interest plus receive: - Identity theft monitoring and resolution service2 (for you and your family)
- Cell phone protection3 for lost or damaged phones (up to four phones).
- Buyer’s Protection on retail purchases, big and small (item(s) must be purchased with your Bonus Checking account).
- Travel & leisure discounts* at thousands of businesses.
- Vision, dental, and prescription savings. * This is NOT insurance.
If you’re not already taking advantage of this high-yield checking option, contact us today at 702-228-2228 to add Bonus Checking to your membership. If you have any questions or concerns, please do not hesitate to contact our member service team at 702-228-2228. *Registration/activation required 1 Balances of up to $25,000.00 are eligible for a bonus interest rate of 4.07% APY. Balances of $25,000.00 or more will receive the applicable current rate. In addition, your account must receive $1,000.00 or more in direct deposit(s) each calendar month, you must elect to receive e-statements and have a valid email on file with us, and you must have at least 15 Point of Sale debit card transactions posted to your account each month as reflected on your monthly periodic account statement. 2 Benefits are available to personal checking account owner(s), their joint account owners and their eligible family members subject to the terms and conditions for the applicable Benefits. Some Benefits require authentication, registration and/or activation. Benefits are not available to a “signer” on the account who is not an account owner or to businesses, clubs, trusts, organizations and/or churches and their members, or schools and their employees/students. Family includes: Spouse, persons qualifying as domestic partner, and children under 25 years of age and parent(s) of the account holder who are residents of the same household. 3 Special Program Notes: The descriptions herein are summaries only and do not include all terms, conditions and exclusions of the Benefits described. Please refer to the actual Guide to Benefit and/or insurance documents for complete details of coverage and exclusions. Coverage is provided through the company named in the Guide to Benefit or on the certificate of insurance. Insurance Products are not insured by the ASI or any Federal Government \ Agency; not a deposit of or guaranteed by the credit union or any credit union affiliate.
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Member Since 1996: Assistant Management Analyst, Sandra H.
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Sandra has been a Clark County resident for 29 years and a CCCU member for the last 27 years. Sandra mentions that CCCU has been able to help her reach many financial goals and dreams. “From buying my dream car to saving for great trips and amazing Christmases to planning for a comfortable retirement,” she says. Outside of work Sandra loves to spend time with her family including her husband and 5 amazingly talented grandchildren! Sandra often tells others about the benefits of CCCU, and says, “I was originally a member of another credit union when I moved to Las Vegas, but I love good customer service, so I asked co-workers about CCCU. I've been here ever since!” Thank you, Sandra, for your continued membership and your ongoing support of CCCU. We are proud to have you as part of Clark County Credit Union!
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How Scammers Use Social Engineering to Steal Money
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As scams become more prevalent, they grow more sophisticated, making them harder to detect. Scammers employ what is known as “social engineering” to manipulate people into revealing sensitive information. It’s all about the psychology of persuasion. These scammers take advantage of human nature, aiming to lower your defenses so you’ll act on impulse rather than reason. Let’s look at some examples of how social engineering uses the powers of persuasion to steal personal information and money: Pretexting Building a solid pretext or a fabricated scenario is an important aspect of social engineering. Hackers often research their victims in advance to get a sense of the victim's personal and professional life to help establish the right pretext with which to approach a victim. This information can easily be found by a simple internet search or reviewing social media activities. Pretexting is typically the first step in a broader scheme to steal from you. The scammer then pretends to be someone you trust, possibly a representative from your financial institution or a government worker offering loan forgiveness. It often starts with a friendly “hello” and a convincing story that leads the victim to hand over sensitive information that can be used to steal money or commit identify theft. Baiting Baiting uses the false promise of an enticing item, such as a monetary reward or free movie download, to trick the unsuspecting consumer into opening a file or providing sensitive information, like their login credentials. Instead of the attached file being the movie or other it is actually infected with malware that will encrypt or take control of the individual’s data, allowing the attacker access to personal information. Phishing Phishing is one of the most common types of social engineering attacks, typically in the form of emails or text messages that look like they are from a reputable source, like your financial institution, informing you of an urgent matter that needs your immediate attention. The message may include a link to a fake website that looks legitimate and suggests that you must provide personal information to remedy the urgent issue. This can result in the scammers gaining access to your accounts or learning important details about your identity. If you detect suspicious activity, contact the alleged company directly. If you have received something from Clark County Credit Union that seems suspicious, contact us at 702-228-2228. To learn about scams and ways to protect yourself, visit www.zellepay.com/pay-it-safe © 2023 Early Warning Services, LLC. All rights reserved. Zelle and the Zelle marks are property of Early Warning Services, LLC. reward,
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The Investment Center at CCCU: What You Need to Know About Inflation
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Inflation has been on the rise, experiencing the largest gain since 1981.1 As a result, you’re likely to see higher prices at the supermarket and gas pump. It’s a reminder to be prepared for inflation—whether you’re retired or close to it—when you’re relying on your investments for income. Inflation impacts medical costs, typically a large expense in retirement. Inflation reduces your purchasing power, which is a measure of what your money can buy. If your money isn’t growing at a rate at least equal to the rate of inflation, you’re losing purchasing power. For example, if you’re earning a 2% return on an investment, and inflation is 3%, you’re behind by 1%. Another way to look at it is to see what your savings are worth after inflation, or how much you will need in the future to provide the same value today. Maintain your Purchasing Power To keep pace with inflation, you need growth from your investments, which typically comes from equities. That may be challenging if you’re conservative and not comfortable with investing in the stock market. So how can you protect your purchasing power if stock market volatility makes you nervous? An Annuity Solution One solution to help you manage the effects of inflation is a variable annuity. A variable annuity offers: - Growth: Choose from actively managed investment fund sub-account options.
- Dividends: With a variable annuity, you can invest directly in sub-accounts that receive dividends, which are automatically reinvested.
- Protection: You can choose an optional living benefit rider, for an additional fee, to protect your investment—so you can feel confident staying invested.
- Tax deferral: Assets in an annuity grow tax deferred, so you won’t pay taxes on your investment until you withdraw the money, giving it more potential to grow.
- Income: When paired with a guaranteed income rider, an optional feature for an additional fee, an annuity can provide regular income that you can never outlive.
Talk to Scott Knudsen, the financial advisor at The Investment Center at CCCU, to learn more about how an annuity may offer you inflation protection, 702-463-8433. 1 U.S. Bureau of Labor Statistics, “Consumer Price Index: 2021 in review,” https://www.bls.gov/opub/ted/2022/consumer-price-index-2021-in-review.htm, January 14, 2022.
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Scott Knudsen is a financial advisor with, and securities and advisory services are offered through, LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. CCCU and The Investment Center are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using The Investment Center, and may also be employees of CCCU. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, CCCU or The Investment Center. Securities and insurance offered through LPL or its affiliates are:
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CCCU Volunteers to Support Project 150
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Last month our CCCU team volunteered with a local non-profit Project 150, a group founded in 2011 after learning that the Clark County School District has an overwhelming number of homeless teenagers attending school. They provide free support and services to homeless high school students in the Southern Nevada area so they can stay in school and graduate. CCCU had 15 employees volunteer to help organize Project’s 150’s free clothing shop called Betty’s Boutique where students receive free clothing, undergarments, backpacks and hygiene items when they show a valid high school ID. If you’re interested in supporting this great organization, please visit their website.
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The information contained in this email (the “Content”) is provided for informational and educational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Content is not intended to be and does not constitute financial, investment, tax or accounting advice or a solicitation to buy or sell securities. The Content is necessarily general in nature and is not specific to you or anyone else. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX OR ACCOUNTING ADVISORS BEFORE IMPLEMENTING ANY ADVICE INCLUDED IN THE CONTENT. By viewing or utilizing the Content, you agree that you will not hold Marquis Software Solutions, Inc., Marquis or their affiliates or agents responsible for loss or damages resulting from the Content.
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