If mothers control more than 80 percent of household spending and are the No. 1 driver of where their children will do their future banking, doesn’t it make sense for credit unions to target the mom market? Verity Credit Union and Spokane Federal Credit Union think so, and their Verity Mom and Momcents blogs are doing it with wit and wisdom.
Can we cash a Savings Bond using a Power of Attorney? A member is presenting us with bonds payable to her mother, who had not endorsed them. Can we negotiate the bonds since the daughter has power-of-attorney?