For some, credit cards provide freedoms that otherwise may not be possible. They are handy in a pinch and instrumental in establishing credit, the building block to a new home or car, cheaper insurance — even a job. And with more consumers capitalizing on rewards programs, many are using credit cards to take some of […]
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A Colorado Springs business owner was indicted by a federal grand jury March 26 on charges of filing false income tax returns and evading reporting requirements. The office of Colorado U.S. Attorney John Walsh and IRS Special Agent Steven Osborne announced in Wednesday that Lisabeth Melahn, 53, of Colorado Springs, is scheduled to appear before a […]
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Beware, business owners and nonprofit boards: That employee or volunteer who always arrives early, stays late, works Saturdays and never takes vacations may be stealing money. Those red flags can signal embezzlement, said certified fraud examiner and CPA Bob Johnson, who has performed fraud examinations in Colorado Springs for more than 30 years. When asked […]
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Ent Federal Credit Union will sign a 15-year marketing and operating agreement with the University of Colorado Colorado Springs today that will include naming rights for the school’s soon-to-be constructed visual and performing arts center, according to a UCCS news release. The agreement, which UCCS Chancellor Pam Shockley-Zalabak and Ent CEO Randy Bernstein will sign on campus at […]
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FirstBank announced that it will begin offering Apple Pay mobile payment services for customers. Apple Pay is currently accepted at more than 700,000 businesses and retailers nationwide. Through fingerprint sensor technology available on iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2 and iPad Mini 3, customers will be able to complete credit and […]
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What do tests really test? This may seem a silly philosophical question, but educators and government agencies are keen to figure this out. My concern here isn’t with education, but banking. Usually the banks do the testing: Are you credit-worthy? What’s your score? Anyone who ever took out a car loan, house mortgage or business […]
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The overriding principle of investment consistency relates to television and the Internet: There’s such a barrage of 24-hour information these days that people attempt to respond to the frenetic news cycle, according to Jerry Webman, Ph.D. Webman, chief economist with OppenheimerFunds, wrote Money Shift: How to Prosper from What You Can’t Control, and frequently discusses […]
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Pikes Peak Community College will offer free tax-preparation assistance to low-to-moderate-income families this tax season, the school said in a news release. PPCC partnered with Denver-based Piton Foundation to offer the free services through the Tax Help Colorado Program. Internal Revenue Service-certified PPCC students will prepare and e-file tax returns for households earning less than $52,000 […]
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Ent Federal Credit Union announced this week a $12.5 million special dividend distribution to its members. More than 240,000 members in good standing will receive a minimum of $25, with an additional dividend amount based on the amount of interest they paid on loans and dividends they earned on deposits last year. The average dividend […]
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Average consumer debt in Colorado, excluding first mortgages, declined for the third consecutive quarter to $18,816, according to the Federal Reserve Bank of Kansas City’s latest Consumer Credit Reports. In Colorado Springs, 5.2 percent of mortgages are past due, or 30 days or more delinquent, including those in foreclosure, according to the Fed. Also, 2.5 […]
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G.I. Jobs Magazine named U.S. Bank one of the nation’s Top 100 Military Friendly Employers® for the fourth consecutive year. The 2015 Military Friendly Employers® represent those companies with the strongest military recruiting programs and meaningful job opportunities for transitioning service members and spouses seeking civilian employment. The ranking is featured in the December issue […]
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Pikes Peak Region recipients of grants from the 21st annual Wells Fargo Community Assistance Fund were announced recently by Ryan Stephens, Wells Fargo’s area president for Southern Colorado. Twenty-four locally based nonprofits received donations totaling $28,500. “El Paso County is a great place to live, work, play and do business in large part due to […]
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