We appreciate your business and loyalty to YOUR LG&W Federal Credit Union! To show our thanks for another great year, we issued loyalty dividend bonuses and loan interest rebates to our active savers and borrowers on December 31, 2019.
Our Loyalty Dividend Bonus rewards all savers who had an aggregate average balance in their qualifying share accounts* of at least $1,000 for the period 11-1-18 through 10-31-19. The more you save with us, the higher your reward!
Members will also receive a Loan Interest Rebate of 4% of the interest paid on qualifying loans** for the period 1-1-19 through 12-31-19.
Loyalty Dividend Bonuses and Loan Interest Rebates will be deposited in member share savings accounts on 12-31-19.
Thank you for your membership, and we hope you enjoy your bonus dividends and interest rebates. And remember – LGWFCU is For You. For Life.
*Checking accounts, share certificates and IRA certificates are excluded
**Excludes credit cards
Protect Yourself from Phishing Scams
A phishing scam is when scammers use email or text messages to try to illegally collect personal information like passwords, account numbers, or Social Security numbers. Their intent is to defraud victims by using that information to gain access to your email, bank accounts, credit cards, or other accounts.
Phishing is sometimes difficult to detect because the email or text could look like it comes from a reputable company or someone you know. Be on alert if the message:
says they’ve noticed some suspicious activity or log-in attempts
claims there’s a problem with your account or your payment
says you must confirm some personal information
includes a fake invoice
wants you to click on a link to make a payment
says you’re eligible to register for a government refund
offers a coupon for free stuff
To protect yourself, ensure that your computer and mobile phone have security software that updates automatically. This type of software often blocks scam messages. Protect your banking and credit card accounts by requiring more than one credential to log on, like a security question or face recognition. Make sure that your data is protected by backing it up on a device that is separate from your home network.
If you receive a phishing email, forward it to the FTC at firstname.lastname@example.org and to the Anti-Phishing Working Group at email@example.com. If you receive a phishing text message, forward it to SPAM (7726).
We are pleased to announce that Lisa Brumleve has joined the LG&W Federal Credit Union staff as our new Business Development Manager! In this role, Lisa will identify and implement strategies to help grow our Credit Union and foster new relationships with MLGW. Lisa has extensive experience in client development and notably served as the Business Development Manager for the Downtown Memphis Commission for nearly 10 years. Welcome to our Credit Union family, Lisa!
Our BALANCE Financial Guide is dedicated to helping you balance life’s important decisions.
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