Leverage The Tax-deferred Savings of an Individual Retirement Account
When it comes to retirement, many individuals are unaware of the benefits of saving for retirement outside of the typical 401K account. An Individual Retirement Account (IRA) is a different approach to saving for retirement. Individuals can choose to contribute to a Traditional IRA or a Roth IRA, or even both. Opening an IRA can…
Read MoreHow To Prepare For Tax Season
In the U.S., filing an annual tax return and paying income tax by April 15 each year is required. Collecting documents well ahead of time and storing them in a secure place is a good idea. Here is a list of what is needed to help prepare for tax season. Tax Documents January is when…
Read MorecPort Credit Union & Make-A-Wish Maine
What is Make-A-Wish Maine? Make-A-Wish Maine uses trained volunteers to meet with children and their families to determine a wish. Their staff then works together to make the wish come to life! The average cost of a wish is $7,000 to ensure all wish expenses are covered, and our Maine credit union is happy to…
Read MoreBoys and Girls Clubs of Southern Maine
Welcome to the cPort Community Spotlight series! Twice a month, cPort will shine a light on a different organization, highlighting the incredible work they do to support the community. This week, cPort is shining a light on the Boys and Girls Clubs of Southern Maine (BGCSM). BGCSM provides after-school and summer programs to almost 3,000…
Read MoreStart Saving Now for The Holidays
Now that the magic of the holiday season is over, it’s a good time to start thinking about next year. With all the joy of the season, it can be expensive. But, if you start saving now, you’ll be prepared to celebrate the season with your holiday funds already saved for you. Set up a…
Read MoreFour Ways To Buy A Car
After preapproval for an auto loan, it’s time to go out and buy a car. Where’s the best place to find new wheels? In this article, we’ll review the top four places people buy cars and the pros and cons of each. Car dealership At a dealership, car shoppers can see available vehicles in person.…
Read MoreSpot Scams Before They Happen
cPort continually strengthens its fraud prevention system to help protect members. However, even with these efforts, there is nothing to stop fraudsters from contacting members directly to try to get information needed to bypass our enhanced fraud prevention systems. Scammers may do this by posing as a financial institution employee to gain your trust. They…
Read MorecPort Employees Give Back this Holiday Season!
At cPort, we make it a priority to support our local communities throughout the year. Our recognizable “c” in cPort Credit Union encompasses everything we do. We are asked often about what the “c” stands for in our name. For us, our “c” represents character, confidence, cooperative, current, and community. We are committed to giving…
Read MoreWatch Out For This Caller ID Scam
Beware of a phone scam going around where fraudsters are demanding potential victims purchase a gift card or be subject to having their utilities shut off. For example, people have recently reported that they received a call from someone posing to be from a utility company such as Central Maine Power (CMP). The caller ID on their phone…
Read MoreGuide to Giving This Holiday Season Without Spending Money
Another holiday season is around the corner, and we know just what will get you in the holiday mood, enrich your spirit and change your outlook. We have some ideas about how to give back to your community that won’t cost a dime. Will it take some of your time? Yes and at the end…
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