Part 2 of Secure Online Banking. When it comes to online banking, there is no way to absolutely guarantee your safety. However, good practices do exist that can reduce the risks posed to your online accounts. The following sections describe these practices. #1 Review your bank’s information about its online privacy policies and practices. By […]
The FDIC protects depositors from failing banks. Most FDIC-insured institutions are well-capitalized and well-managed, so it’s unlikely that you will have deposits in a bank that fails. But it’s common for people to ask, What should I know and do if I hear that my bank has been closed? We hope the following will answer […]
Part 2 of Credit and Debit Card Blocking. How to Avoid Blocking To avoid the aggravation that blocking can cause, follow these tips: When you check into a hotel or rent a car — or if a restaurant or other business asks for your card in advance of service — ask if the company is […]
Part 1 of Credit and Debit Card Blocking. Have you ever been told you were over your credit card limit, or had your debit card declined, even though you knew you had available credit, or money in your bank account? If this happened shortly after you stayed in a hotel or rented a car, the […]
1. Don’t give your account number and bank routing information to anyone you don’t know. Give out your account information for transactions only if you are familiar with the company you are dealing with. And if you have not done business with a company before, give out account information only if you have initiated the […]