eStatements - The Real Reason Why You Should Sign-Up
Posted On: May 14, 2025 by Prevail Bank in: Banking
For years, banks and credit unions have encouraged account holders to switch to e-statements by highlighting environmental benefits. While reducing environmental impact is important, it isn’t the game-changer. What truly is the motivating factor? Security!
A single stolen statement can give a fraudster everything they need to drain an account, open new credit lines, or take out loans in someone else’s name!
Fraud Is...
Know the charity you’re donating to. Scammers are taking advantage of your goodwill.
Posted On: April 29, 2025 by Prevail Bank in: Fraud
The FBI recently issued a warning to the public that scammers are taking advantage of the mass casualty events and disasters of the world by establishing fake charities. They are also posing as disaster relief agencies so they can collect your personal information and/or are pretending to be high-profile victims to tug at your heartstrings and acquire your donations. You’ll find these schemes online as well as in-person during collection drives.
In 2024, the FBI...
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