What To Know About Economic Relief Payments
Posted On: April 20, 2020 by First Option Bank in: Banking, General, News, Tips & Tricks
In March, the CARES Act – a $2 trillion economic relief package – was signed into law. A provision of the law will provide financial relief to many Americans as a result of the COVID-19 pandemic. Below you will find answers to common questions regarding these economic relief payments.
1. How large a payment will I receive?The CARES Act outlines the parameters of who is eligible to receive a payment. The Internal Revenue Service is the agency responsible for determining...
COVID-19 Anti-Scam Alert
Posted On: April 14, 2020 by First Option Bank in: General, News, Tips & Tricks
3 THINGS TO REMEMBER Keep Confidential Information Confidential
If we reach out to you, we won't ask for confidential information - such as your name, full social security number, username, password, PIN or other...
4 Simple Financial Fitness Activities that Parents & Students Can Do at Home
Posted On: April 10, 2020 by First Option Bank in: Financial Wellness, General, Tips & Tricks
With COVID-19 driving widespread closures of our nation’s schools, many parents are facing new obstacles that they hadn’t anticipated. While this looks different for everyone, many families are now challenged to deliver remote learning instruction to their children or keep kids occupied while juggling the demands of their job.
As the novelty of this “new normal” wears off, you may...
5 Ways to Boost Your Financial Health Amidst COVID-19
Posted On: April 5, 2020 by First Option Bank in: Financial Wellness, General, Tips & Tricks
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 are five concrete ways for you to jumpstart your financial wellness in the wake of the novel coronavirus.
Time for some facts. Markets fluctuate over time,...
8 Ways to Secure Your Home Network
Posted On: April 3, 2020 by First Option Bank in: General, Tips & Tricks
As technology continues to advance and working from home becomes more common, we're facing a new cybersecurity challenge: securing home networks. According to the Cybersecurity and Infrastructure Security Agency (CISA), many people assume1 their home network is simply too small to fall prey to a cyber attack and that their devices are secure enough right out of the box.
The second assumption is particularly misleading....