What is a Bail Bondsman Scam?

What is a Bail Bondsman Scam?             Scammers are now using very realistic ways to try and lure you in to give them money or information. The latest scam involves the scammer impersonating a bail bondsman.  This is how they usually go about it... You receive a phone call from someone claiming that they are a bail bondsman. This person then informs you that your loved one is in trouble and needs you to post bail. They then
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New Year, New Financial Goals First Citizens Bank is committed to bringing you the most up-to-date products and services. As we begin the new year, it is time to set new financial goals. Don’t wait, now is the perfect time to take control of your finances and set goals for 2022. Do you REALLY know how much you are spending on gas, groceries, shopping, eating out, bills, and other expenses each month? With our Money Management tool within Online Banking and our mobile app, you can have all
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Considering taking Social Security in 2022?  Consider this first. In October, the Social Security Administration (SSA) confirmed the cost-of-living adjustment (COLA) will increase by 5.9% in January.  With a 5.9% increase to their Social Security benefit, many are wondering if they should start collecting Social Security now.  Usually, the earliest you can take Social Security is age 62.  But just because you can doesn’t mean you should. We get asked about
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November is National Gratitude month and what better way to show gratitude than through charitable giving. Research shows that people who practice gratitude every day are not only happier but also healthier. So, if you were looking for reasons to be thankful, then these benefits should be just the motivation you need.  In 2020, despite the pandemic and economic volatility, charitable giving reached a record $471.44 billion.    Besides all
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At the end of the year, it’s important to think about taxes and year-end tax planning.  We’re going to discuss a few things to consider as you weigh potential tax moves before the end of the year. if you might be in a lower tax bracket next year, defer income until then. For example, you may be able to defer a year-end bonus or delay the collection of business debts, rents, and payments to postpone payment of tax on the income until next year. Look for opportunities to
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If the last 18 months has taught us anything it’s that the unexpected can happen at any time, including unexpected debts due to losing a job or losing a home to a natural disaster, not to mention unforeseen healthcare costs due to the pandemic. That’s why it’s more important now than ever before to have an emergency fund. It is one of the most effective tools to prevent large-scale financial disaster. An emergency fund is an amount of money that is set aside to cover unexpected
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It is common practice for individuals to have annual health physicals. But what about our finances? It’s also a good practice to have an annual financial check-up, and that applies to both your personal finances as well as your business’ finance. If you’re a business owner, odds are you haven’t thought about the mix of your banking products and services. When was the last time you talked with your bank about what options are available?  An annual
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What comes to mind when you daydream about retirement? Is it travel? Time with family? Less responsibility? While it may be easy to conjure up these images, too often the planning stops with the daydream and we fail to really think through what our vision is and how we plan to get there. Getting started as early as possible in your retirement planning is important, but for those nearing the 5-10 year countdown to retirement it starts to become
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Scammers may try to use you to move stolen money. If you help them, you could be what law enforcement calls a money mule. Money mule scams happen several ways. The story often involves scams related to online dating, work-at-home jobs, or prizes. This is how it usually works: Scammers send money to you, sometimes by check. Then ask you to send (some of) it to someone else. They often want you to use gift cards or wire transfers. Of course, they don’t
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First Citizens recognizes the importance of document security and disposal. That’s why we are hosting Shred Days on Friday, September 10 and Tuesday, September 14, 2021. Click here for locations and times. You will have the opportunity to securely shred and dispose of documents that contain sensitive information. A professional shred truck will collect and shred the documents on the premises. It’s a quick, easy, and safe way to get rid of your personal documents that you’ve had
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