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What does it mean to be financially educated, capable, or even savvy? The answer is subjective and depends largely on personal priorities. However, it starts with a pledge to learn the skills necessary to manage money, and it's a lifetime commitment. The Consumer Financial Protection Bureau defines financial well-being as people feeling in control of their expenses, having the capacity to absorb financial shock, being on track for meeting their financial goals, and possessing the freedom to...
Having easier access to information, especially online, has many positive implications, but it also means the risks of getting scammed, having your identity stolen, or being a victim of fraud are at an all-time high. Some financial and economic columnists go so far as to say it’s not if, but when each of us will get hacked. Scammers are smart and have one goal: tricking their victims. Imposters call and say you’ve won a prize; misrepresent themselves as an official with a financial institution (or the IRS); or claim a relative needs help and...
Richland Federal Credit Union is joining its counterparts around the state and across the nation to celebrate Miracle Jeans Day and raise money for Children’s Miracle Network Hospitals on Wed., Sept. 18 by making a $5 donation to wear jeans to work. Miracle Jeans Day is an annual event to raise awareness and funds for local Children’s Miracle Network Hospitals, and in Montana, Shodair Children’s Hospital in Helena is the only facility carrying that title. This small gesture from individuals, especially considering we Montanans love to sport...
This year’s Montana Credit Union Network Professional of the Year is Kevin Mayer, manager of Richland Federal Credit Union. He was presented with the honor at the Network’s Annual Meeting, held recently in Great Falls. “I am delighted that Kevin was nominated by his peers for this prestigious award; he does so much to represent Montana’s credit unions, it’s nice that he’s getting some recognition in return,” MCUN President and CEO Tracie Kenyon said. Mayer has worked for nearly 30 years at Richl...
Kevin Mayer, Richland Federal Credit Union manager, was recently appointed to the Community Depository Institutions Advisory Council with the Federal Reserve Bank of Minneapolis. Mayer will serve a three-year term with 10 others who act in an advisory capacity, and its members are asked to help the Federal Reserve Bank better understand the business and economics of the region. “We are the eyes and ears of our region,” Mayer said. “Our discussion is heard by those in Wash. D.C.” Tracie Kenyon,...
