According to the Financial Crimes Enforcement Network (FinCEN), check fraud incidents reached an all-time high in 2022 with 680,000 cases nationwide. Let’s review some practical pointers to avoid check scams. Criminals increasingly target the United States Postal Service to commit check fraud. Criminals steal checks from mailboxes, and then alter them, a technique known as “check washing.” Criminals use chemicals […]

At 1st Summit Bank, we are committed to security. We have state-of-the-art cyber security measures to keep your personal information, and your banking information, locked down. We are doing our part, but are you doing your part to keep your information secure? How private IS your personal information? Have you searched for your name online? It might surprise you to […]

We have compiled some safe check-writing tips for you since criminals are becoming more sophisticated at finding new ways to steal your financial information. Despite the fact that check use has declined by 25%, reports of check fraud have soared and fraud has nearly doubled since 2021. Mailbox Raids of Checks Criminals are known to raid mailboxes and take off […]

According to Cybercrime Support Network, there are three circulating scams to watch out for as you and your student prepare to go back to school. Online shopping scams Phishing emails Textbook scams Back-to-School Scams Online shopping scams – Fraudsters create fake websites that appear to be selling popular supplies, textbooks, and clothing at steeply discounted prices. The scammers also create […]

At 1st Summit Bank, one of our top priorities is keeping your bank information secure. However, digital banking security is a team effort, so we all need to work together. You are the first line of defense to stop scammers. We can help you. We have compiled a list of easy tips you can use right now to keep scammers […]