06 Mar

Share your story to win #KasasaProtect™

The Denver metro area was recently home to a shocking case of identity theft. This past December an Aurora woman’s credit card was used to buy four motorcycles, a Corvette, and thousands of dollars worth of merchandise at Home Depot, Sears, and Best Buy. The woman was alerted about the ID theft when the couple attempted to finance another Corvette!

Not every thief is as brazen as this one. Whether a thief plans to use your financial information for flashy purchases or a large number of smaller transactions that don’t seem as suspicious – you need someone – or better yet – a team of many – to help prevent identity theft and restore your confidence if your information gets into the wrong hands.

Ok, but tell me about the contest already!

Rocky Mountain Law Enforcement Federal Credit Union is sponsoring a contest to win one year of Kasasa Protect™ Fraud Protection for free! The contest runs from March 1st through the 15th. Simply share a photo or video of something or someone you protect and use the hashtag #KasasaProtect to enter. Kasasa Protect™ is a comprehensive identity protection and restoration solution available to RMLEFCU account holders.

What can Kasasa Protect™ do for me?

Kasasa Protect™investigates on your behalf. How? Kasasa Protect™performs Dark Web monitoring by scanning millions of international sources in real time. They also quickly pinpoint stolen data that could identify you, such as a social security number or medical identification numbers.

Kasasa Protect™steps up to bat when your personal identifying information is compromised. How? Say you’ve lost your wallet. One convenient point of contact will handle cancellation and replacement of all your important documents

Restoration through Kasasa Protect™ includes: your cards, licenses, social security cards, insurance cards, passports, military IDs, and even traveler’s checks.

To learn more click here.

Finally, go to RMLEFCU’s Facebook page and post your video or picture soon so you can rest easy knowing Kasasa Protect™ will safeguard your financial info!

Best of luck!

18 Jan

5 Financial Milestones to Hit in 2017

Financial milestones are goals we aim to achieve. Some should be stressed at certain milestones in our own life. In this vein, we picked five financial goals you may have depending on your current age.

Are you just entering workforce?

Start saving for retirement

If you can stand to, save 10% of your salary. The earlier you start doing this, the more you can take advantage of compound interest. If you’re a woman, chances are you will live longer (sorry boys), so try and factor that into your retirement savings. Although you may be receiving a pension if you joined the force, it might not be enough for you to live on entirely.

You’re in Your Mid-Twenties

Set up an emergency fund

Save to be able to cover all your expenses for 6 months if you’re single, three months if you’re married. Start by adding $100 a month to a separate account. You can set up an automatic withdrawal from your checking account to help build your emergency fund. Read More

22 Dec

Teaching Teens about Money

Lesson 1: Stress Savings!

There are many reasons that saving is first on this list. Teaching teens about money needs to begin with how they can save what they earn. Having savings can protect them against a lifetime of debt and financial security.

  • Saving money can help teenagers reach a financial goal and have more respect for the purchase. For example, putting a down payment on a car. When they’re more invested in the vehicle, you can bet they’ll be safer driving it.
  • Saving money is one way to avoid life’s hiccups, aka unforeseen incidents. If they lose their job or head off to college but still have expenses like car insurance, their savings will help.
  • If they have money saved, they’ll earn financial peace of mind. Life as a teenager is stressful enough – why make it more so by worrying about late payments.
  • More Money = More Independence from you. The more money they save, the less they have to rely on you and the more financial decisions they can make on their own. Teens need some financial independence and it is made possible due to savings.

Here is another article we wrote that talks about savings. If you are interested in setting up a savings account for young person, talk to a RMLEFCU representative about our piggy bank savings account. We’ll automatically kick off their savings with a $25 CD!

Read More

11 Nov

Kasasa Protect is Equal Parts Security Guard, Investigator and Crisis Manager

What is your Identity Theft Prevention Plan?

Do you have a plan in place if someone opened up multiple accounts in your name? If identity theft has happened to you, do you remember how much time and energy you spent trying to clear your name? How many phone calls and forms did you fill out? Do you have time to simultaneously monitor your credit report and online records? Even if you have the time, do you feel confident that you’ve taken all the necessary steps to safeguard your personal information?

These questions are uncomfortable, yes, but so is being unprepared for identity theft. Thankfully, RMLEFCU members with Kasasa accounts, and even those without, are eligible to sign up for Kasasa Protect. Kasasa Protect is a comprehensive identity protection and restoration solution available for a low price of $8 a month for Kasasa accounts and $12 each month for non-Kasasa account holders.

How Kasasa Protect is like a Security Guard

Kasasa dedicates employees to monitor your credit card accounts and credit reports so they can immediately alert you to any suspicious activity. Kasasa Protect uses 24/7 Credit Monitoring to keep you informed of any changes related to:

  • Loan data
  • Inquiries about your credit history
  • New accounts opened in your name
  • Judgments
  • Liens

A unique feature is Kasasa Protect’s Monthly Credit Score & Tracker.

Benefits include:

  • Kasasa employees regularly review your credit score, helping you stay on top of your credit
  • You can avoid the cost of pulling full credit reports
  • Kasasa monitors trends over time to find out what is changing your score
How Kasasa Protect is like an Investigator

Kasasa performs Dark Web monitoring by scanning millions of international sources in real time. They also quickly pinpoint stolen data that could identify you, such as a social security number or medical identification numbers.

How Kasasa Protect acts as a Crisis Manager

Say you lose your wallet. Kasasa Protect steps up with their Lost Wallet Protection features:

  • One convenient point of contact handles cancellation and replacement of all your important documents
  • Restoration through Kasasa includes: your cards, licenses, social security cards, insurance cards, passports, military IDs, and even traveler’s checks

If your personal information is compromised, Kasasa acts as Crisis Manager with Identity Restoration. Their experts work to get you peace of mind, providing helpful advice and resolution services as soon as the fraud has occurred. Certified specialists file, dispute, and resolve issues with your credit card companies and can file fraud alerts, place credit freezes and notify authorities on your behalf.

Finally, Kasasa Protect understands you may be interested in the service and not interested in being locked into a service contract. No problem. You can enroll in Kasasa Protect contract free. Ask your RMLEFCU representative how to enroll or go online to put Kasasa Protect to work for you.

10 Aug

Save on Back to School Expenses

Although it’s not news to parents, back to school costs are nothing to sneeze at. According to the National Retail Federation’s annual Back-to-School Spending Survey of 6,500 consumers, the average family with children in grades K-12 planned to spend $630.36 on clothes, electronics and school supplies this year. Regardless of whether you have overspent, underspent, or kept to a budget, we have a few back to school shopping tips for kindergarten through college graduation that you may be able to incorporate into your spending (or saving) repertoire.

Students in any grade or year – Shop out of season. Shopping post-season sales and clearance racks is a great way to build up you or your child’s wardrobe on a budget. Take inventory to determine exactly what pieces you or your kids will need for the upcoming year, and then organize your budget around what you still need to buy. Keep a look out for winter coats, boots, and jackets in late February, and summer clothing in late August. If you have one, shop where your Student ID gives you a discount.

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