Forbes names Scott Credit Union among top four credit unions in Illinois

Scott Credit Union was recently named one of the top credit unions in the State of Illinois in a Forbes best-in-state ranking for 2021.

Forbes, in partnership with market research firm Statista, ranked Scott Credit Union fourth in the state based on surveys of credit union members on their overall satisfaction. The survey also measured trust, terms and conditions, branch services, digital services, and financial advice.

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Lambrecht and Kieffer join Scott Credit Union executive team

Scott Credit Union is pleased to announce two additions to its team of executive officers. Carla Lambrecht has been selected as Chief Information Officer, and Chris Kieffer has been named Chief Operating Officer.

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Scam Alert: Beware Child Tax Credit Scams

The Child Tax Credit, a part of the American Rescue Plan Act of 2021 that took effect July 15, is already drawing the attention of scammers. The newly expanded Child Tax Credit (CTC) provides monthly payments of up to $300 per child for approximately 40 million households across the country. Payments are issued via direct deposit, paper check, or debit cards, providing a plethora of opportunities for scammers to get in on the action.

Here’s what you need to know about Child Tax Credit scams and how to avoid them.

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Microsoft Encourages You to Update Your PC Immediately

Microsoft has released a patch in response to a security flaw that could compromise the Windows operating system. Named “PrintNightmare,” the flaw affects the Windows Print Spooler service on personal computers.

The vulnerability could allow hackers to install programs on your PC, modify data, and create new user accounts on your PC with full admin rights. Not having the patch in place could give hackers an open door to do some serious damage. View this article for additional information.

As a courtesy to our members, we want to pass this information on so you can install the patch on your personal computer, making sure it remains safe and secure.

5 Tips for Preparing a Post-College Budget

Leaving college often means the start of a new job, student loan debt to pay off, new living arrangements to pay for, and other new expenses to cover. All of this means your finances will likely need an overhaul. It’s time to create your post-college budget.

If you’ve been working with a budget throughout college, you’ll already have the concept down pat. You’ll want to rework the numbers, though, to incorporate your new expenses, as well as your new salary. If you’ve floated by on a wing and a prayer while in school, you’ll have to start at the very beginning as you build a workable budget to manage your finances.

In either case, these tips can help you create your first post-college budget.

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