November 26, 2007

You’ve probably heard about “phishing” – in fac
t, we just completed a podcast on the subject.  Here is an example of phishing which I received today:

National Credit Union Administration

Dear Credit Union customer,
In Order to maintain the integrity of entire FEDERAL CREDIT UNION SYSTEM and your CREDIT UNION, NCUA (National Credit Union Administration Inc) is running a data base update. This decision was taken by the High Executive Beaurau of NCUA and it should be followed by all CREDIT UNION customers.

Clicking on the link below will start the procedure to confirm your account details. apologise for the inconvenience and thank you for your co-operation.

NCUA Account Review Department

In phishing attempts such as this, ID thieves send out e-mails, looking for information. Consumers are directed to click on a link, which is not legitimate, but one set up by the thieves to make it look like the real site.

Play it safe – DON’T give out ANY information! If you are in doubt, ask the business or organization that sent the e-mail if it is legitimate.


Phishing Podcast

November 21, 2007

The newest First New York FCU podcast is now available to download.  This month the topic is Phishing.  In this podcast we talk about what is phishing, pharming and how to prevent having your identity stolen. 

Here is the MP3 version.  You can click to open and listen to the podcast using your computers audio software, or you can right click the link and save it to your hard drive to listen at a later date on your MP3 player.

Be sure to visit the Podcast section of this blog for all of our previous podcasts.

Phishing Podcast

Thanksgiving Trivia

November 21, 2007

Thanksgiving Dinner

It’s Thanksgiving time, and like most people, for me it will be time for turkey, parades and football!  But what do you REALLY know about Thanksgiving?

Here are some Thanksgiving trivia facts (from to chew on – before you get to the turkey!

1. Thanksgiving Day is celebrated on the fourth Thursday in November in the United States.

2. Thanksgiving Day is celebrated on the second Monday in October in Canada.

3. The Plymouth Pilgrims were the first to celebrate the Thanksgiving.

4. The pilgrims arrived in North America in December 1620.

5. The Pilgrims sailed across the Atlantic Ocean to reach North America.

6. The pilgrims sailed on the ship, which was known by the name of ‘Mayflower’.

7. They celebrated the first Thanksgiving Day in the fall of 1621.

8. They celebrated the first Thanksgiving Day at Plymouth, Massachusetts.

9. The drink that the Puritans brought with them in the Mayflower was the beer.

10. The Wampanoag Indians were the people who taught the Pilgrims how to cultivate the land.

11. The Pilgrim leader, Governor William Bradford, had organized the first Thanksgiving feast in the year 1621 and invited the neighboring Wampanoag Indians also to the feast.

12. The first Thanksgiving feast was held in the presence of around ninety Wampanoag Indians and the Wampanoag chief, Massasoit, was also invited there.

13. The first Thanksgiving celebration lasted three days.

14. President George Washington issued the first national Thanksgiving Day Proclamation in the year 1789 and again in 1795.

15. The state of New York officially made Thanksgiving Day an annual custom in 1817.

16. Sarah Josepha Hale, an editor with a magazine, started a Thanksgiving campaign in 1827 and it was result of her efforts that in 1863 Thanksgiving was observed as a day for national thanksgiving and prayer.

17. Abraham Lincoln issued a ‘Thanksgiving Proclamation‘ on third October 1863 and officially set aside the last Thursday of November as the national day for Thanksgiving. Whereas earlier the presidents used to make an annual proclamation to specify the day when Thanksgiving was to be held.

18. President Franklin D. Roosevelt restored Thursday before last of November as Thanksgiving Day in the year 1939. He did so to make the Christmas shopping season longer and thus stimulate the economy of the state.

19. Congress passed an official proclamation in 1941 and declared that now onwards Thanksgiving will be observed as a legal holiday on the fourth Thursday of November every year.

20. Benjamin Franklin wanted the turkey to be the national bird of the United States. But it was Thomas Jefferson who opposed him. It is believed that Franklin then named the male turkey as ‘tom’ to spite Jefferson.

21. The annual Macy’s Thanksgiving Day Parade tradition began in the 1920’s.

22. Californians are the largest consumers of turkey in the United States.

23. When the Pilgrims arrived in North America, the clothing of the Native Americans was made of animal skins (mainly deer skin).

24. On December 11, 1620 the first Pilgrims (or Puritans, as they were initially known) landed at Plymouth Rock.

25. By the fall of 1621 only half of the pilgrims, who had sailed on the Mayflower, survived. The survivors, thankful to be alive, decided to give a thanksgiving feast.

Have a Happy Thanksgiving!!!

Credit Unions Provide Best Deal!

November 13, 2007

Those of us who have either been a member, employee or volunteer at a credit union, knew this all along!

 Credit unions provide the best deal when it comes to banking, according to an article that appeared in the December issue of Money Magazine.

The article, titled “The Best Little Deal in Banking,” cited five reasons “why you should join a credit union”–including five basic products that credit unions offer to their members at competitive prices (Money Magazine December 2007).

For example, an auto loan at a credit union is like “french fries at McDonalds–classic and reliable,” according to the article. According to the Government Accountability Office, credit union auto loans carry two percentage points less than auto loans at big banks.

The other reasons cited include higher savings rates, lower credit card rates, great deals on morgages and the credit union perks that banks don’t offer!

Thanks, Money!  We’ve known this all along!!!

Ways to Cut the Cost of Fuel

November 5, 2007

Gas Pump

With gas prices up over $3.00 per gallon (again!), some car care guidance and sharp shopping skills are necessary to help you cut fuel consumption.  Here are a few ideas:

  • Don’t fill the gas tank past full–too much will just slosh or seep out,
  • Buy the lowest grade (octane) of gasoline your car can use–check your owner’s manual for this information,
  • Drive slower, within the speed limit–the faster you drive, the more gas you use,
  • Make one trip for all your errands and plan the most efficient route,
  • Keep tires properly inflated and regularly check alignment and balance,
  • Get regular tune-ups,
  • Empty the trunk–a weighted-down car uses more fuel, and
  • Buy a fuel-efficient car.

New Saratoga Springs Branch Is Now Open!

November 1, 2007

Saratoga Springs Ribbon Cutting

First New York Federal Credit recently held a ribbon cutting ceremony to celebrate the Grand Opening of it’s newest branch office in Saratoga Springs.  The credit union office is located at 424 Maple Avenue (Route 9).   The ribbon was cut by Charles Smith, Chairman of the Board and was attended by credit union officials, as well as other invited guests. 

The branch is a 3,000 square foot free standing building that features two full service drive up windows, a 24 hour drive up ATM and night drop, and an internet access area for members.  

 “We’re delighted to be opening this new office.  With the larger facility it gives us the flexibility to better serve our existing members in the Saratoga Springs area with expanded hours and additional services”, said Rachele Granka, President/CEO of First New York Federal Credit Union.  Granka added, “We’ve thoroughly enjoyed the past two years in the Saratoga market, but we’ve outgrown our existing office.  We are looking forward to this move as a way of better serving the financial needs of our existing members and future members.” 

The branch is open six days a week, with lobby hours of 9:00 AM to 5:00 PM, Monday through Thursday, 9:00 AM to 6:00 PM Friday and 9:00 AM to 1:00 PM Saturday.  In addition, the drive through windows are open at 8:00 AM Monday through Friday. 

If you are in the Saratoga Springs area, check out the new branch!