Did you know?
You can customize your debit or credit cards with a second line. Have a favorite nickname, sports team or just something fun you want to include?
We are always holding giveaways on our Facebook page. Don’t miss out, and check back often.
Altura Credit Union was first opened back in 1957 and has grown to span all across Riverside County.
We volunteer our time, whether it’s fundraising for Habitat for Humanity or helping local teachers makeover their classrooms, we always want to be involved!
Altura rewards two lucky members every quarter with a cash prize of $1,500. All you have to do is start saving!
Credit Unions cannot be bought or sold because they are owned by their members. Members are part owners because they have a stake in the company.
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Fraudsters can still use your debit card even if they don’t have the card itself. They don’t even need your PIN—just your card number. If you’ve used your debit card for an off-line transaction (a transaction without your PIN), your receipt will show your full debit card number. You should always destroy these receipts so no one finds your card number.
As an enthusiast and expert in the realm of personal finance, banking, and credit security, I bring a wealth of knowledge to shed light on the concepts mentioned in the provided article. My extensive experience and understanding of these topics aim to empower individuals with crucial information to safeguard their financial well-being.
Let's delve into the key concepts touched upon in the article:
1. Customization of Debit or Credit Cards: The article mentions the ability to customize debit or credit cards with a second line, allowing individuals to include a favorite nickname, sports team, or any other fun element. Customizing cards is a common feature offered by many financial institutions, providing a personal touch to the banking experience. This feature enhances the overall customer satisfaction and loyalty, making the banking relationship more engaging.
2. Altura Credit Union: Altura Credit Union, founded in 1957, has grown to span across Riverside County. Credit unions like Altura are financial cooperatives owned by their members. Unlike traditional banks, credit unions operate on a cooperative basis, with members having ownership stakes. This structure often leads to a more community-oriented and customer-centric approach to financial services.
3. Community Involvement and Volunteerism: Altura Credit Union emphasizes its commitment to community involvement and volunteerism. This commitment is a common practice among credit unions, reflecting their dedication to the well-being of the communities they serve. Activities such as fundraising for organizations like Habitat for Humanity and supporting local teachers demonstrate a socially responsible approach to business.
4. Rewards Program: Altura Credit Union rewards its members with a cash prize of $1,500 every quarter. This incentive is likely part of a rewards program designed to encourage members to save and engage in responsible financial behavior. Such programs are prevalent in the financial industry, fostering a positive relationship between the institution and its members.
5. Credit Union Ownership Structure: The article highlights a fundamental aspect of credit unions – they cannot be bought or sold because they are owned by their members. This ownership structure sets credit unions apart from traditional banks, as members hold a stake in the institution. This concept reinforces the cooperative nature of credit unions, where decisions are often made with the best interests of the members in mind.
6. Card Security and Fraud Prevention: The article issues a cautionary note regarding the potential misuse of debit card information. It emphasizes that fraudsters can exploit card numbers obtained from receipts of offline transactions. This highlights the importance of vigilant card management, including the secure disposal of receipts containing sensitive information. Consumers are urged to destroy such receipts to prevent unauthorized access to their debit card details.
In conclusion, the concepts covered in the article provide valuable insights into the world of customized banking experiences, community-oriented financial institutions, and the imperative need for proactive measures in safeguarding personal financial information. As an enthusiast in this field, I encourage individuals to stay informed and take proactive steps to ensure the security of their financial assets.
