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500 Million Hacked Yahoo Accounts

A recent investigation by Yahoo has confirmed that a copy of certain user account information was stolen from their network. The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. The ongoing investigation…

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Money Saving Tips for Millennials

According to Student Loan Hero, the average 2016 college graduate has at least $37,000 in student loan debt. As a result, the millennial generation is forced to delay making major purchases, such as a car or home, and starting a family. If you're a recent college graduate struggling to make ends meet, what considerations should…

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Ion Bank Foundation Awards Local Grants

Charles J. Boulier III, President & CEO of Ion Bank and Ion Bank Foundation announced that the Ion Bank Foundation awarded $39,700 in grants to eight area non-profit organizations. The funds are used to support a wide variety of projects and programs in the communities served by the bank. The recipients are: Non-Profit Organization Grant…

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Ion Bank Hosts Cyber Security Seminar

Ion Bank recently conducted a Cyber Security seminar for business customers which focused on Corporate Account Takeover (CATO) and Information Security Awareness. The seminar was presented by Suzette Leal, CISM, Assistant Vice President, Information Security Officer and was held at Ion Bank's 1430 New Haven Road, Naugatuck office. Also included was a panel discussion featuring…

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What to Expect from Mortgage Fees

When we go through the homeownership process and eventually apply for a loan, many of us are often shocked at the attached fees, also known as closing costs. In general, “closing costs” pertain to the down payment. They can be anywhere from three to over 20 percent depending on the mortgage and about six percent…

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