Bank News

Protect Your Account From Fraud

Keeping your accounts and information secure and confidential is one of Huron Valley State Bank’s important responsibilities. Unfortunately forged checks and debit card fraud is on the rise and hackers are becoming even more sophisticated to make unauthorized purchases or withdraw cash from your account. When your debit card is used fraudulently or a fraudster gets access to your account, the money goes missing instantly. Payments scheduled or checks mailed may bounce, and you may not be able to afford necessities. It can take a while for the fraud to be cleared up and the money restored to your account.
 
Please monitor your accounts daily by using online or mobile banking. Check your balance and recent transactions. The sooner you detect fraud, the easier it will be to limit its impact on your finances. If you see unfamiliar transactions, call the bank right away at 248.887.9900.
 
Also consider setting up fraud alerts for your debit and credit card by clicking here. https://www.hvsb.com/Resources/Tools/Fraud-Protection. You can also setup online banking alerts and receive an email for something that could be suspicious such as when certain activity occurs on your accounts, such as a withdrawal exceeding an amount you specify or a change of address. Also if you are receiving paper statements, consider switching to Estatements which will eliminate the possibility of having bank account information stolen from your mailbox. Last but not least, beware of phishing scams. A common form of identity theft is a phishing web site that looks like it belongs to your bank or another business you have an account with. The scammer is looking to get access to your personal information and may attempt to access your bank account. Huron Valley State Bank will never ask you for your user name and password.
In the unfortunate event that fraud has occurred, it is critical to act immediately. Notify us at Huron Valley State Bank by calling 248.684.9626 of the discrepancies found. Be sure to change existing passwords and talk to your banker about the possibility of closing accounts. Also it is important to report the fraud to your local Police Department. Last but not least, contact an attorney to discuss legal ramifications.
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