Belco Community Credit Union

During these uncertain times we are all facing during the COVID-19 Pandemic, Internet bad guys have made it clear they aren’t giving us a break. Phishing emails (fraudulent emails made to look like legitimate emails which contain malicious links and attachments) are on the rise as cyber criminals look to make quick money and exploit people using email. Common malware & virus attacks such as ransomware are seeing a dramatic increase while the world is transitioning temporarily to working safely from home. Despite all this bad news, with a little bit of caution, you can protect yourselves online! Most phishing emails from the past contained easy to find spelling and… read more »

Financial decisions can feel complex and hard even under normal circumstances. If the current market volatility has you questioning what are the “right” actions you should take now, you are not alone. Here is the first of five concrete ways for you to jumpstart your financial wellness in the wake of the novel coronavirus. Day 1: Don’t touch your face or your 401k Time for some facts. Markets fluctuate over time and returns often come with risks. While COVID-19 is certainly adding unprecedented volatility to the stock market, it is critical to take a long-term view when it comes to investing. Chances are that when you set up your 401k… read more »

For any procrastinators that have put off doing their taxes, good news – U.S. taxpayers have a three-month extension on the deadline to file their federal tax return due to the novel coronavirus pandemic. Tax Day has been pushed from April 15th to July 15th, 2020. Most states have matched the July 15th deadline, but check here to determine your state’s filing deadline. If you are among the many Americans who typically receive a tax refund — that is, you paid more taxes to your state or federal government (through payroll withholding, for example) than your actual tax liability, the Internal Revenue Service (IRS) is advising that you file your… read more »