Identity theft is rampant. It is likely that you know someone who has become a victim. According to a 2013 report by Javelin Research, incidents of identity theft increased by 1 million over the past year. Help protect yourself with identity protection services from Bank of Oak Ridge and by following these recommended practices: Purchase
Financial stress is far too common. Thirty percent of adults in the U.S. have less than $1,000 in all bank accounts at any given time. Ninety-five percent of Baby Boomers do not have enough for retirement. Thirty-two million people face possible bankruptcy each year, more than the number of people who graduate from college each
In today’s world more than ever, we have to brace ourselves for the unexpected. An unforeseen change in employment. A faulty car transmission. A major home repair. A surprise vet bill. These are just some of the reasons why it’s important to have an emergency fund of at least six months of your net income…just
Nowadays, retirement savings is largely up to us. While we may have access to Social Security or pension benefits, many of us rely on IRAs, 401K plans or other individual savings vehicles to ensure that we have enough money to retire without worry. As a general rule of thumb, you need a nest egg that
There were over 12 million incidents of identity theft in the United States in 2012. That’s more identities stolen than the entire population of Greece. It’s a $37 billion dollar crime that affects 1 in 26 Americans. That’s why it’s a priority at Bank of Oak Ridge to help our clients with identity theft protection.