Financial Tips For the Holidays

It's officially the holiday season! We're only a few short days away from Christmas, and if you're like us, you've still got a little bit of shopping to get done. Christmas is a time of great joy and celebration, but it can also be a great burden! Rather than getting stressed about spending copious (your 5 cent word of the day) amounts of money, here's a few quick tips that will ensure you won't be left out in the cold...we hear it's frightful...but that fire is so delightful.

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Note: For matters containing sensitive information (i.e.: account numbers), please call us. For security reasons, we advise that you do not send personal account information through email.

Identity Theft

US Federal Trade CommissionIdentity theft happens when someone steals your personal information and uses it without your permission. It’s a serious crime that can wreak havoc with your finances, credit history, and reputation.

Identity Theft

When we are informed of data breeches that could affect our members, we will post them here. In the meantime, here are some basic tips on how to protect your identity:

  • Change your passwords and make them smart (be creative) every six months.
  • Be careful what you store electronically (ie. Never emailing your Social Security number).
  • Utilize antivirus software.
  • Don’t download files from unfamiliar sources.
  • Check to see where a link will take you before clicking on it.

Special Olympics

Taconnet is a proud sponsor of the Maine Special Olympics. Mary Libold, branch manager in Skowhegan, is Taconnet's Special Olympic Fundraiser Chair. The Insurance Trust spearheads Special Olympics for all of Maine's credit unions. They also are instrumental in the Winter and Summer Special Olympics.

Ending Hunger in Maine

Each year, nearly all of Maine's credit unions, including Taconnet FCU, participate in the Maine Credit Unions' Campaign for Ending Hunger.  Since 1990, the year that this collective effort began, Maine's credit unions have raised and distributed more than $5.9 million to help end hunger in Maine.

College Shopping Tips 101

Dare we say it? Fall is right around the corner, which means that school will be starting up again in the very near future. Gone are the long summer days, and before you know it, the leaves will be changing on the trees yet again. If you're an incoming first year student at college, chances are you'll be purchasing some new items for your dorm. Instead of draining your account, here's some quick tips to making sure you're fully prepared for your upcoming fall semester!

Your House Is A Money Pit (But You Can Change That!)

If you own a house, you know that being a homeowner has both pros and cons. Pro: The people screaming upstairs are probably your children and you can tell them to settle down. Pro: You earn equity against your house as you pay down your mortgage which means you can take out a home equity line of credit for various expenses that may arise in your life. Con: Things break, and when you're the landlord and owner, you have to fix them. Con: Mowing your lawn is not always pleasant. Con: Your house is potentially a money pit.

"Wait...what's a money pit?"