Archive for category: News

Why is Abbeville First Bank Closed on July 4, 2023?

We follow the U.S. Federal Reserve’s holiday schedule. 

Though federal offices and some workplaces will be closed for Independence Day†, many stores and restaurants will remain open for business. Bank holidays aren’t always the same day that people have off from work. This can lead to some of us thinking banks are open when they really are closed and vice versa.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATMs are always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Wednesday, July 5, 2023.

We look forward to seeing you soon.

Bonus: Plan ahead!

The days that Abbeville First will be closed in 2023 are:
Labor Day: Monday, September 4th
Columbus Day: Monday, October 9th
Thanksgiving Day: Thursday, November 23rd
Christmas Day:  Monday, December 25th

† When a holiday falls on Saturday or Sunday, most employees observed the holiday on the previous Friday or following Monday, respectively (5 U.S.C. 6103(b) and Executive Order 11582 3(a)).

Scammers send fake text messages to trick you into giving them your personal information — things like your password, account number, or Social Security number. If they get that information, they could gain access to your email, bank, or other accounts. Or they could sell your information to other scammers. Scammers often try to get you to click on links in text messages by promising you something.

Scammers might

• promise free prizes, gift cards, or coupons — but they’re not real
• offer you a low or no interest credit card — but there’s no deal and probably no card
• promise to help you pay off your student loans — but they won’t

Scammers also send fake messages that say they have information about your account or a transaction.

Scammers might

• say they’ve noticed some suspicious activity on your account — but they haven’t
• claim there’s a problem with your payment information — but there isn’t
• send you a fake invoice and tell you to contact them if you didn’t authorize the purchase — but it’s a scam
• send you a package delivery notification — but it’s fake

The messages might ask you to give some personal information — like how much money you make, how much you owe, or your bank account, credit card, or Social Security number — to claim your gift or pursue the offer. Or they might tell you to click on a link to learn more about the issue. Some links might take you to a spoofed website that looks real but isn’t. If you log in, the scammers then might steal your username and password. Other messages might install harmful malware on your phone that steals your personal or financial information without you realizing it.

What To Do About Spam Text Messages

If you get a text message you weren’t expecting and it asks you to give some personal or financial information, don’t click on any links. Legitimate companies won’t ask for information about your account by text. If you think the message might be real, contact the company using a phone number or website you know is real. Not the information in the text message. There are many ways to filter unwanted text messages or stop them before they reach you –

On your phone:

Your phone may have an option to filter and block spam or messages from unknown senders. Here’s how to filter and block messages on an iPhone and how to block a phone number on an Android phone.

Through your wireless provider:

Your wireless provider might have a tool or service that lets you block calls and text messages. Check out ctia.org, a website from the wireless industry, to learn about options from different providers.

With a call-blocking app:

Some call-blocking apps also let you block unwanted text messages. Go to ctia.org for a list of call-blocking apps for Android, BlackBerry, Apple, and Windows phones, or search for an app online. Check out the features, user ratings, and expert reviews.

Why is Abbeville First Bank Closed on April 7, 2023?

We follow the U.S. Federal Reserve’s holiday schedule. 

Though federal offices and some workplaces will be closed for Good Friday, many stores and restaurants will remain open for business. Bank holidays aren’t always the same day that people have off from work. This can lead to some of us thinking banks are open when they really are closed and vice versa.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATMs are always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Monday, April 10, 2023.

We look forward to seeing you soon.

Bonus: Plan ahead!

The days that Abbeville First will be closed in 2023 are:
Juneteenth: Monday, June 19th
Memorial Day: Monday, May 29th
Independence Day: Tuesday, July 4th
Labor Day: Monday, September 4th
Columbus Day: Monday, October 9th
Thanksgiving Day: Thursday, November 23rd
Christmas Day:  Monday, December 25th

† When a holiday falls on Saturday or Sunday, most employees observed the holiday on the previous Friday or following Monday, respectively (5 U.S.C. 6103(b) and Executive Order 11582 3(a)).

Merry Christmas! We hope that you are able to truly enjoy the holiday season with the ones you love.

Why is Abbeville First Bank Closed on Monday, December 26th, 2022?

We will be closed on Monday, December 26th, 2022 in observation of Christmas Day.

We follow the U.S. Federal Reserve’s holiday schedule but the early closure on Friday will allow our members to spend a little more time with their friends and family (following safe social distancing guides, of course).  We look forward to serving you again on Tuesday, December 27th.

What if you need us while we are closed?

1. Login Online or Use an App

This is the quickest and easiest method, you don’t even have to leave the warmth of your home! When you log in to your account online you can check balances, pay bills, move money around between accounts, set up alerts for a low balance or when a particular check clears, stop payments, and more!

Your banking abilities extend a little further, too, if you have our mobile app. It adds the ability to deposit checks right from your smartphone.
Personal Banking account apps: Apple Store or Google Play Store.
Business Banking account apps:  Apple Store or Google Play Store.

Since the U.S. Federal Reserve is still closed, some transactions will be processed the next business day. While you can perform your transactions, the money may not go through immediately.

2. ATMs

If you simply can’t wait to make a cash deposit or withdrawal, our ATM is always available 24 hours a day, 7 days a week. 

3. Come See Us Another Day

Bank holidays just mean you won’t be able to go into a branch and speak with a teller that day. Our lobby and drive-thru lines will be open and ready to serve you first thing in the morning on Tuesday, December 27, 2022.

We look forward to seeing you soon.

Where are your savings set up? Are you saving the right amount? How can you maximize your savings? Daylight Saving Time is a great reminder to evaluate your options and goals. We offer four options for savings:

1. Regular Savings:

• A great option for starter emergency funds & short-term goals.
• Allows you easy access to your funds when they’re needed.
• Encourages you to consciously set aside money while preventing you from spending every penny that is “available.”

2. Premier Savings:

• A better option for long term savings and bigger goals
• A higher opening balance suggests that when you’ve built up your Regular Savings you can roll them over to Premier for more benefits.
• Allows for easier access to your money than stocks, CDs, or IRAs

Consider setting up automatic transfers or splitting your direct deposits between checking and savings. Either of these savings accounts can help you reach your goals faster and keep your money safe from impulse spending.

3. Certificates of Deposit (CDs)

• Useful for known long term goals. We offer a wide range of maturity dates & interest rates to suit your needs. Think of it as “freezing” your money for a specific amount of time.
• Offers a higher interest rate than traditional savings accounts.
• Locks in your interest rate for the term of your CD.
• CD ladders are a popular way to spread your savings across multiple terms and interest rates. You can read more about them here.

4. Individual Retirement Accounts (IRAs)

Isn’t retirement the ultimate long-term goal?  IRAs help you look towards your future by giving you access to a wider variety of investment choices without relying solely on your 401(k) or other employer plans.

• Offers significant tax benefits. (We recommend that you speak with a tax consultant for more information on the benefits available to you).
• Fixed interest rates and different terms help you maximize your retirement savings.

We offer three types of IRAs to help you diversify your options:

• • Contributory IRAs grow tax-deferred and contributions can be tax-deductible
  • Rollover IRAs are created by transferring your money from a 401(k) or other retirement accounts.
  • Roth IRAs grow your money tax-free because contributions are made with money you’ve already paid taxes on.

Learn more about the different types of Savings Accounts that we offer by visiting this page or calling to speak with one of our knowledgeable staff members. We will be here to help you evaluate your options and choose the best solution for your future. The way banking should be.