Work-from-home scams and how to avoid them | F&M Trust Money Moves Work-from-home scams and how to avoid them Money Moves Community As the coronavirus crisis causes unemployment numbers to increase, a trend has emerged: Many people are falling victim to work-from-home scams. Identifying these…

Interest Rates 101 | F&M Trust Money Moves Interest Rates 101 Money Moves Community Savings Buying a Home College If you’ve been researching loans, you’ve certainly noticed the term interest rate. What Are Interest Rates? Expressed as a percentage, usually, in annual terms, an interest rate is the …

Unsecured or secured loans: What's best for you? | F&M Trust Money Moves Unsecured or secured loans: What's best for you? Money Moves Community College Savings Buying a Home Smart borrowers understand the loan options available to them. The majority of loans are either unsecured or secured. Here’s …

A GRAT in action | F&M Trust Money Moves A GRAT in action Money Moves Retirement Savings Community The Grantor-Retained Annuity Trust (GRAT) has emerged as a popular strategy in the estate planner’s toolkit. The idea is that a grantor places assets in a trust while retaining the right to receive…

Read this before cashing out your retirement account due to COVID-19 | F&M Trust Money Moves Read this before cashing out your retirement account due to COVID-19 Money Moves Retirement Savings The Coronavirus Aid, Relief and Economic Security (CARES) Act offers a provision to soften the economic…

Seven ways to save money by going green | F&M Trust Money Moves Seven ways to save money by going green Money Moves Savings Community College We all know we should turn off the lights when we leave a room, unplug appliances we aren’t using and invest in reusable drinkware to reduce our carbon…

Three mistakes in portability planning | F&M Trust Money Moves Three mistakes in portability planning Money Moves Retirement Starting a Family Buying a Home Community The increase in the amount exempt from federal estate tax to $10 million per taxpayer (plus inflation adjustments) has been a game…

How to spot elder financial abuse | F&M Trust Money Moves How to spot elder financial abuse Money Moves Community Retirement Elder financial abuse is, unfortunately, very common. According to the American Bankers Association, older Americans control 70 percent of the wealth in the United States.…

Credit reports are now free once a week | F&M Trust Money Moves Credit reports are now free once a week Money Moves Community As the COVID-19 pandemic continues to put pressure on the economy, one helpful (yet temporary) change has been made to the number of times you can access your credit…

Turned down for a bank account? This could be why | F&M Trust Money Moves Turned down for a bank account? This could be why Money Moves Starting a Family Community College By Sarah Stansfield, community office manager at F&M Trust’s Mont Alto office If you have a history of overdrafts or, worse,…

The Secret To Avoiding Secret Shopper Scams | F&M Trust Money Moves The Secret To Avoiding Secret Shopper Scams Money Moves Community Savings By Ray Wills, security officer at F&M Trust Did you receive an offer to get paid to shop or eat at bougie restaurants and review them? It sounds too good to …

How the CARES Act impacts student loans | F&M Trust Money Moves How the CARES Act impacts student loans Money Moves Savings Community By Shelby White, corporate communications officer at F&M Trust Known as the CARES Act, the roughly $2 trillion coronavirus stimulus package that was recently passed …

The U.S. is in turmoil, yet stocks are climbing | F&M Trust Money Moves The U.S. is in turmoil, yet stocks are climbing Money Moves Savings Retirement By Warren Hurt Despite a global pandemic, Great Depression-era levels of unemployment, mass demonstrations and an economy in turmoil, the stock…

Watch out for unemployment scams | F&M Trust Money Moves Watch out for unemployment scams Money Moves Community By Ray Wills In an elaborate scheme, scammers are stealing people’s identities, fraudulently filing for unemployment benefits and then directing the money to their own bank accounts or…

Emergency Response in today's financial markets | F&M Trust Money Moves Emergency Response in today's financial markets Money Moves Retirement Savings There are no simple solutions in today’s financial markets. We are in an unprecedented situation, with economic distress that we are struggling to…