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Archive - August 2025

Credit Report Opt Out

Credit Report Opt Out

Posted On: August 20, 2025 by San Luis Valley Federal Bank in: Financial Education

How to Opt Out of Marketing Triggered by Credit Inquiries

We recently learned that some members receive many marketing solicitations after pulling their credit report. The four major credit bureaus, Equifax, Experian, Innovis, and Transunion, have made purchasing your credit inquiry data much easier. It is important to note that credit inquiry data is NOT the same as your credit report.

San Luis Valley Federal Bank nor any other bank or finance company control solicitations you...

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Tags: Credit Report

Piggy Bank

Raising Financially Responsible Children

Posted On: August 19, 2025 by San Luis Valley Federal Bank in: Financial Education

Raising Financially Responsible Children

Did you know that setting up a savings account for your children can be the best way to get them started on healthy and successful money habits? On the surface, it teaches basic math skills, but more importantly, it encourages long-term thinking and planning, which helps children become more goal-oriented. Also, it helps children better understand the value of money. The best way to encourage saving is to help them set a realistic goal and make it fun!...

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Tags: Budget, Financial Education, Financial Literacy, Saving