Fraud ProtectionALL TOPICS

1st State Bank had the privilege of collaborating with Tri-Star Trust on a two-part series on the Mitten Money Podcast, hosted by William Zank. The topic of conversation in this series is the concerning surge in check fraud that has impacted thousands of businesses across the United States. Listen to this important message in the playback boxes below.   Part […]

Our Positive Pay Service offers your business powerful fraud protection against check and ACH fraud.   As business leaders/owners, we continue to face many challenges.  Challenging times often are a catalyst to increased fraudulent activities, and unfortunately, statistics state that eventually every business will be impacted by fraud. At 1st State Bank, we are seeing an increasing level of fraudulent […]

There is no way to deny that electronic and check fraud has become a huge issue for businesses. According to the 2018 Experian Global Fraud and Identity Report, over 65% of Businesses have experienced some form of fraudulent financial activity and U.S. Businesses will lose an average of 5% of their gross revenues to fraud. With losses from fraud reaching […]

A debit card connected to your checking account is a very common payment choice these days.  Debit cards offer convenience to draw funds from that account when making a purchase as well as withdraw cash through an ATM.    Avoid fraud – Use your Debit Card wisely.   Check Your Bank Activity Often React time is important.  Review account activity […]

Let us help you develop your company’s Internal Guide for Managing ACH (Automated Clearing House) Transactions. Preventing fraud is top on your list!   82% of businesses have been victimized by payments fraud, according to the Payments Fraud and Control Survey (Click here to review the entire Survey). Of that 82 percent:   • 64% resulted from actions of an […]

1st State Bank has security measures in place to protect your account information, but to make it effective we need your help and cooperation. Many account hijacking attempts come as a result of hacking into individual user accounts, and from there electronically breaking into the bank using your information and security codes.    There are several precautions that you should […]

Password security has become an important question as more and more of us use online accounts and mobile accounts to access financial information. There are some simple things each of us can do to help protect ourselves online with one of the biggest being the use of “strong” passwords. The keys to a password’s strength are length and complexity. An […]

Monitor your account activity couldn’t be easier.  Secure Alerts are delivered in real time to a designed email address, by mobile text or through your Online Banking account.  You choose when information is delivered, allowing for specific timeframes to receive alerts.  Choose from dozens of Alert Messages – from knowing when a check has cleared your account  to receiving a […]

We highly recommend all our customers take advantage of this free service.  Sign up for Online Banking and you have the ability to view statements for your checking, savings, loans and lines of credit all in one place.  Your statement history is available online for up to seven years for you to access in a secure environment whenever you like.  […]