[IG] Blog Template 2026

Secured vs. Unsecured Loan: What Every Borrower Should Know

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:19 GMT

Roth vs. Traditional IRA: Which Is Better for You?

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:18 GMT

Retiring in comfort requires careful planning to maximize earnings. When it comes to saving for retirement, there are options, but many choose an IRA (Individual Retirement Account). There are different types of IRAs, but you most often compare Roth and traditional. These differ primarily in taxation. Therefore, it’s important to understand how each works and how they affect your retirement goals.

Are You Scam-Proof?

glloyd@cypruscu.com (Garrett Lloyd) — Fri, 11 Sep 2026 17:16:16 GMT

How well do you think you can spot a scam? While we’d all like to think we’re scam-proof, the numbers tell a different story. Between Q1 and Q3 of 2025, there were around 1,158,000 reported cases of identity theft. "Reported" is the key word here. The actual number of fraud victims is likely much higher.

What NOT to Tell Your Financial Institution

glloyd@cypruscu.com (Garrett Lloyd) — Fri, 11 Sep 2026 17:16:15 GMT

We’d all like to think we can spot a scam from a mile away. The numbers, however, tell a different story. In 2025, consumers reported losing more than $15.9 billion to fraud, up from $12.5 billion in the previous year¹. Many of these losses were the result of imposter scams—that is, scammers pretending to be someone you know and trust. These bad actors may even try to convince you that they’re from your financial institution. They might say there’s an issue with your account and you need to deposit money as soon as possible, or that they need to help you log in to your online bank account.

4 of the Latest Scams to Watch Out For

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:14 GMT

Romance Fraud: What to Know about Online Dating Scams

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:13 GMT

Teaching Kids How to Use Their Debit Card Responsibly

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:11 GMT

Financial literacy is an important part of a child’s educational development. Teaching them early helps develop important skills such as investing, budgeting, and saving. These skills let them appreciate the value of money and how to maximize every cent.

What to Know about Elder Fraud

glloyd@cypruscu.com (Garrett Lloyd) — Fri, 11 Sep 2026 17:16:10 GMT

The elderly population is growing. Along with that growth, elder fraud has become increasingly visible. Elder fraud is the act of seeking financial gain by scamming a specific group of people: senior citizens. Here is some information on what puts senior citizens at greater risk for fraud, what you can do to protect yourself and your loved ones, and how to report elder fraud.

What puts seniors at risk?

Although anyone can fall victim to a scam, there are a few factors which make elderly individuals prime targets. They are more likely to have money saved for retirement or to give as inheritance. Scammers also find senior citizens to be more trusting. Finally, seniors are less likely to report fraud because they may be embarrassed or simply not know how to get help. They may also be concerned that their family members will not trust them to independently live or handle their finances.

How to protect Yourself

Never give out personal or banking information to anyone you do not know or trust.
Be careful when answering phone calls from phone numbers you don’t recognize.
Be cautious if you decide to respond to emails or messages from people you don’t know.
Pay attention to how you feel. Does the person you are speaking with make you feel afraid or pressured to give out personal or financial information? If so, stop and don’t be afraid to call the police or someone you trust.
If someone calls claiming to be from the IRS or other government agency, keep in mind that government offices will usually contact you by mail. They should not ask you to give out personal or banking information over the phone. Hang up when in doubt.

How to report fraud

To report elder fraud—or if you suspect elder fraud may be taking place—you can do one of the following:

Call the National Elder Fraud Hotline at 833-372-8311 (or 833-FRAUD-11).
Reach out to the nearest FBI field office. Click here for more information.
File a report to the FBI’s Internet Crime Complaint Center by clicking here.
Submit an online tip to the FBI by clicking here.

If you have had money taken from your bank account or suspect your account is being targeted by scammers, you should also reach out to your financial institution for assistance as soon as possible.

What Do You Need to Open a Credit Union Account?

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:09 GMT

Why Businesses Should Have a Separate Bank Account

orlando.rodriguez@cypruscu.com (Orlando Rodriguez) — Fri, 11 Sep 2026 17:16:07 GMT

Operating a business requires a great deal of financial organization. However, many business owners use their personal accounts to conduct sensitive transactions, which can lead to problems in the future. Here are some benefits of separate checking accounts for small businesses. Plus, if you’re just getting started, learn how to open a business checking account for your important business financial needs.