Blogs | State Bank

01/17/2024: Protect Your Business from Online Payment Fraud

A friendly reminder…FRAUD IS ON THE RISE. As we have discussions with business clients, we are reminding them to be aware of check fraud, ACH Fraud and business email compromise. What we’re seeing… Checks stolen from mailboxes, payee names washed and cashed. Account information compromised causing counterfeit checks. Compromised checks turn in to ACH fraud. Tips, Tricks […]

07/17/2023: How to Prevent Being Scammed

Written by: Savannah Jordan Did you know the Federal Trade Commission reported that consumers lost nearly $8.8 billion to scammers in 2022? This amount is up 30% compared to 2021. Potential scams could look like: Emails asking you to click on links or attachments, that have several typos and grammatical errors, or that ask […]

06/22/2023: FDIC Insurance

Written by: Savannah Jordan What it is The Federal Deposit Insurance Corporation (FDIC) is an independent organization that was created by Congress to maintain viability and public confidence in the nation’s financial system. It examines and supervises financial institutions for safety, soundness and consumer protection. It also manages receiverships and provides tools, education and […]

01/23/2023: Do You Like to Phish? Banks Never Ask That

Tips to Help You Outsmart Scammers Every day, thousands of people fall victim to providing personal information through fraudulent emails, texts and calls to scammers pretending to be their bank. In fact, banking has remained one of the most phished industries for more than a decade. In conjunction with the American Bankers Association, State Bank […]

01/17/2023: What Are the Pros and Cons of Money Market Accounts?

When is a money market account worth having? A money market account can be an excellent option if you want a higher interest rate on your savings and easy access to your funds. One of the primary benefits of a money market account is its higher interest rate compared to a traditional savings account. […]

01/17/2024: Protect Your Business from Online Payment Fraud

07/17/2023: How to Prevent Being Scammed

06/22/2023: FDIC Insurance

01/23/2023: Do You Like to Phish? Banks Never Ask That

01/17/2023: What Are the Pros and Cons of Money Market Accounts?

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