4 Steps to Stay Financially Responsible during COVID-19
As illustrated in an article by CUNA, Many Americans are being financially affected by the coronavirus disease (COVID-19). As businesses close their doors to keep their customers and employees safe, thousands—if not millions—are facing several weeks of pay disruption and infrastructure shake up. In response to the national emergency, consumers are feeling financially insecure and wondering what it means for their wallet.
How can you stay financially responsible during this time?
- Contact your financial institution: Credit unions from coast to coast are adjusting their operations to help stem the spread of coronavirus and protect members and employees, according to CUNA. To stay up to date on OnPath’s hours of operation, ATM access, drive-up and telephone services please visit www.beonpath.org/COVID19.
- Protect your data: During this time, phishing and scamming is on the rise. In the wake of talks surrounding the issuance of government funds, please take extra precautions not to share your personal or account information with suspicious entities/vendors. READ WARNINGS ABOUT GOVERNMENT CHECK ISSUANCE. A recent report from NBC News notes that criminals are using COVID-19 as a basis for email attacks to snag personal information, steal money and infect computers with malware. Remember, OnPath Federal Credit Union will not ask you for your account information or PIN via text or email. Please use caution when clicking on links requesting confidential info. Be sure to report suspicious activity to us by phone at 504.733.7274 or email at memberservice at asifcu dot com.
- Utilize online and mobile services: Most in-branch services can be conducted 24/7 using our digital tools and other resources for self-service banking and account access. You can access your accounts online or by using the OnPath Federal Credit Union Mobile app at your convenience to make payments, deposit checks, send money to others, check balances and more. Using these methods is a great way to practice social distancing.
- Remember, your money is safest in a credit union: “There are a lot of things to worry about these days, but the safety of your money in your credit union account isn’t one of them. Your money is safer in your insured credit union than it is in your pockets or under your mattress. There is no risk to keeping money in your credit union account, but there are countless risks to holding cash, as pointed out in this Wall Street Journal piece”, according to the Credit Union National Association (CUNA).
See CUNAs Full Article Here