Credit Cards – Lux Credit Finance

Our Bank Receives Top Workplace Award

admin — Tue, 15 Aug 2017 12:44:48 +0000

“The Top Workplaces award is about much more than recognition and celebration,” said Eric Rubino, CEO of Energage. “Our research also shows that these organizations achieve higher referral rates, lower employee turnover, and double the employee engagement levels. It just goes to show that being intentional about culture delivers bottom-line results.”

Energage is a leading provider of technology-based employee engagement tools that help leaders to unlock potential, inspire performance, and achieve amazing results within their organizations. The research partner behind the Top Workplaces program, Energage has surveyed more than 58,000 organizations representing well over 20 million employees in the United States.

Our Bank Announces Officer Promotions

admin — Sun, 30 Jul 2017 04:52:43 +0000

We have named our new chief administrative officer and promoted six employee-owners to vice president. These individuals contributed to another record year of growth for the 100% employee-owned engineering, construction and architecture firm that produced $4.3 billion in sales, resulted in the support of more than 15,000 projects and the addition of nearly 1,000 employees.

“In 2019, we experienced strong growth, expanding to more than 50 offices around the world to provide even greater support to our clients,”

Our Bank Sponsors School Programs

admin — Tue, 25 Jul 2017 15:15:25 +0000

“We are thrilled to partner to offer ninety children this unique opportunity,” said Sevier County School Superintendent, Jack Parton. “The Arrowmont School is the perfect backdrop to educate our children about the area’s rich traditions.”

The week-long program offers an intensive study on traditional Appalachian Arts and Crafts, emphasizing basketry, woodturning and weaving. Students will also be exposed to spinning, dyeing, weaving, broom making, coopering, in addition to presentations on Appalachian history and folklore.

Transportation is being provided to and from the students’ respective schools each day, with the exception of Thursday, when students are invited to spend the night on the Arrowmont campus for a celebration of their experience. Parents and community supporters are encouraged to attend on Thursday night, for an open house that will run from 7:00-9:30p.m.

Relief Fund In Place At our Bank: How You Can Help

admin — Fri, 21 Jul 2017 12:08:47 +0000

Having paper statements sent between your address and the bank invites the possibility of mail theft, so consider using your bank’s website primarily. Keeping track of your bank details online can also be more convenient. If you do prefer getting physical copies of your account, it’s a good idea to know when they should arrive. This way you can pick them up promptly and alert your bank if you don’t get them as expected. And, of course, shred all paperwork before discarding.

2. Be Aware of What You Share

You should only give your account information for transactions if you know the company or individual you are dealing with. Be especially careful if you are operating the transaction via phone, text or online. Don’t give anyone your PIN, avoid ATMs that look out of place and only access your account from secure URLs and WiFi connections.

3. Use Strong Passwords

It may seem obvious, but one way to ensure your security is to come up with a password other people can’t guess. It’s generally not a good idea to make your password something as obvious as your birthday or your significant other’s name. Try to create a series of numbers, letters and symbols you can remember but others wouldn’t necessarily think of. Be sure you also cover the keypad when you type in your PIN or password and change them regularly. Lastly, set up security questions only you know the answers to for prompting you to change the password or to access the account.

When NOT Using Credit Cards Can Hurt You

admin — Sun, 16 Jul 2017 11:28:50 +0000

A credit card can be a great financial tool to help you manage cash flow, earn rewards, and build credit. However, what happens when you decide to curb your credit card spending?

Not using your credit card has some obvious benefits, the main one being that you won’t have a balance on your card. You may also reduce spending on one card so you can spend more on another card that has better rewards or a lower APR. Whatever your reason for not using your card, it’s important to understand what inactivity does to your account.

Keep Your Children Safe from Financial Fraud

admin — Thu, 13 Jul 2017 09:38:24 +0000

Talk with your child about safe online practices.

Consider discussing the risks of sharing personal information online, including the possibility that someone can gather small amounts of personal information to guess the correct answers to security questions, reset passwords and take control of financial accounts.

“Encourage your young person to be selective with his or her ‘friends’ online, just as he or she would in real life,” said Bobbie Gray, an FDIC supervisory community affairs specialist. “Discuss how not everything they see on the Internet is true, and that some criminals may pretend to be friends or relatives in order to obtain personal information or worse.”

Help your child learn to analyze advertisements, some of which may be fraudulent.

“Explain that advertising, even in an online video clip, is intended to get people to make purchases or otherwise act on things they might not usually do,” said Luke W. Reynolds, chief of the FDIC’s Outreach and Program Development Section. The Federal Trade Commission (FTC) has an online game called Admongo to help youngsters age 8-12 think critically about advertising and make smarter decisions as consumers.

You’re Making More Money. Here’s How to Save

admin — Mon, 10 Jul 2017 04:53:11 +0000

Saving half of your income may be more possible than you think. Some regular people have managed to do it, like Grant Sabatier: He went from having almost nothing to setting a goal of retiring early and achieving it within five years.

Here are five tried-and-true strategies from Sabatier and other super-savers who have all, at one point, set aside at least half of their income to reach their financial goals.

Putting your financial plan on autopilot means setting up your savings accounts, retirement funds and debt-repayment plans to automatically draw money from your paycheck or checking account each month so that you never have to make the choice to spend or save those dollars.

It will not only help you build wealth, but it’ll save you time and mental energy, says Reining: “I automated my money years ago and the benefit is, I don’t have to make decisions about where my money should go, how much I should invest, what I can spend, do I have enough savings and so on.”

Help and guidance: Personal Financial Advice Service

admin — Thu, 06 Jul 2017 09:25:43 +0000

As your needs in life change, so does the help you require. At every turn, we’re here to help you plan—from investment strategies, to complex wealth management needs, to managing your portfolio.

Our digital solutions and experienced advisors can help you meet all your financial goals. Your advisor can create a personalized strategy around your full financial picture, focusing on the things that matter most to you. If you’re concerned about the impact of taxes on your investments, we apply a range of tax-smart techniques throughout the year designed to help you keep more of what you’ve earned.