March 2019




BC Financial Services Leader Values Family Arts and Heritage Learning

Abbotsford, BC, March 20, 2019

For many families in the Fraser Valley, the Sunday Family Arts program at The Reach has become a fun learning resource for their children. The team at Prospera Credit Union is committed to providing impactful programs within the Abbotsford community and have once again funded the popular Sunday Family Arts program through The Reach. This is a time for families to work on activities that are fun, educational, and artistic, all while spending quality time with one another.

This year marks the eighth year that Prospera has invested in the program, which takes place two Sundays per month. Sunday Family Arts gives participants of all ages the opportunity to try their hand at art projects that are inspired by current exhibitions. “Creativity is about decision making, problem solving, and testing new ideas, skills that serve us well at any age. Picasso famously stated that ‘every child is an artist; the problem is staying an artist when you grow up.’ In a way, the program gives kids a chance to remind older family members of this,” says Laura Schneider, Executive Director of The Reach. “We are very fortunate that Prospera recognizes the importance of creativity at all ages and that they have generously and continuously supported the delivery of this valuable program.”

“At Prospera, we believe it is important to support activities that stimulate children’s curiosity, sharpen their senses, and help develop critical thinking skills,” says Shawn Good, President and CEO of Prospera Credit Union. “The Sunday Family Arts program does an amazing job of this and more. Building strong communities is something that we are deeply committed too, and this means supporting programs that make a tangible difference for the children who live here. Children are our future, and by providing them with these opportunities we are helping to foster a future generation of skilled and engaged leaders.”

The Sunday Family Arts program at The Reach brings kids and families together in a relaxed environment where all learning styles are supported and creative risk-taking is encouraged. With Prospera’s generous support, families may register for Sunday Family Arts classes free of charge. Classes are offered twice daily at 1:00pm and 3:00pm every other Sunday. Children are encouraged to bring as many family members as they would like (just don’t forget to register!), and no artistic experience required.

The Reach Gallery Museum Abbotsford is located at 32388 Veterans Way. For more information on the Sunday Family Arts and other programming visit www.thereach.ca.

Media Contact:
Jessica Thiessen 604.953.3757
Manager, Communications jthiessen@prospera.ca



Ingrid Epp 604.864.8087 x123
iepp@thereach.ca
The Reach Gallery Museum Abbotsford
32388 Veterans Way, Abbotsford, BC V2T 0B3

About Prospera Credit Union Expand/Collapse

Building on over 75 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. As a member-owned financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and a locally-based contact centre. As a member of The Exchange network, our members also enjoy access to more than 4,000 surcharge free ATMs across Canada (that’s right, no ATM fees).

Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more about our community investment programs, check us out on YouTube, Facebook, Instagram and Twitter.

For all the latest news from Prospera Credit Union, visit our newsroom online at prospera.ca.



Prospera Credit Union Offers Tips to Avoid Financial Fraud Online

Abbotsford, BC, March 14, 2019

The ease of managing our money online can come with a price: an increased risk of “phishing attacks” by online fraudsters trying to get confidential information by posing as a legitimate source.

Phishing attempts are becoming harder to detect for crimes like identity theft and financial fraud. According to Accenture’s 2017 Canada Cybercrime Survey, one-third of Canadians have fallen victim to scams resulting in malicious software on their computer, disclosure of personal information and loss of money.

March is Fraud Prevention Month and Prospera urges members and consumers who perform online financial transactions to be vigilant and protect themselves against fraud.

Here are some tips to protect your online financial security:

  1. Change your email password regularly
    Email interactions sometimes leave enough information behind for an email hacker to use to compromise an account. Make sure you change your password regularly—ideally at least twice a year.
  2. Secure computing
    Consider accessing your sensitive online services (e.g. finances) only from dedicated secure devices, such as a work computer or a smartphone and in secure locations, not while using public Wifi. Family computers with many users can be easy targets for today’s easy-to-infect malware.
  3. Sign up for alerts
    Many credit unions offer security alerts. Members receive an alert via text or email about any activity relating to risky transactions such as an e-transfer.
  4. Activate 2-step security
    Many online services offer stronger authentication security. Consider turning these optional features on in your more sensitive online accounts. These might be called “2-Step Security” or “2nd Factor Authentication” or “2-Step Verification” or “2FA”.


More Ideas

  1. Vacation alert
    Let your financial institution know when you’ll be travelling to ensure your financial services are not delayed while enjoying your vacation. Your account can be better protected against unauthorized access this way.
  2. Stay secure
    Ensure your computer has an up to date malware scanner with real-time monitoring and removal capabilities.
  3. Activate 2-step security
    Many online services offer stronger authentication security. Consider turning these optional features on in your more sensitive online accounts. These might be called “2-Step Security” or “2nd Factor Authentication” or “2-Step Verification.”



Backgrounder

What is Malware?

Malware is short for malicious software. The three phases in a malware attack most commonly used in online banking fraud are infection, data collection and monetization. In phase one, a computer or mobile device becomes infected with malicious software, usually found via a link sent through an email or contained in a website.

Once infected, the malware can look for and record information from an infected computer or mobile device. The recorded information is than transmitted back to a command and control server or network.

The attacker will try to use the information taken from the user’s computer or mobile device. For example, they may sell personal information to commit identity theft or they may continue to control an individual’s computer and use confidential information for fraudulent activity.




Media Contact:
Jessica Thiessen 604.953.3757
Manager, Communications jthiessen@prospera.ca

About Prospera Credit Union Expand/Collapse

Building on over 75 years as a BC credit union, Prospera is proud to serve communities from Vancouver to Kelowna. As a member-owned financial institution, our number one priority is the financial well-being of families and businesses in our local communities and our dedicated team is here to serve all their banking, lending, investing and insurance needs through sixteen branches; online and mobile banking and a locally-based contact centre. As a member of The Exchange network, our members also enjoy access to more than 4,000 surcharge free ATMs across Canada (that’s right, no ATM fees).

Making life better for everyone is important at Prospera, which has an extensive community investment program devoted to supporting the organizations, events and volunteers that make our BC communities stronger. To learn more about our community investment programs, check us out on YouTube, Facebook, Instagram and Twitter.

For all the latest news from Prospera Credit Union, visit our newsroom online at prospera.ca.