A HOME OWNED, INDEPENDENT BANK
When FREE isn’t really FREE
We’ve all been there, while browsing online, you see an ad for a product or subscription service with a free trial and think, “WHY NOT?”
Here’s why not: What appears to be a free or low-cost trial can add up to be much more. Most free trials require consumers to enter their card information to either pay for shipping or to cover future costs if the individual forgets to end the trial or subscription.
While it’s easy for the cardholders to convince themselves they’ll remember to cancel the service before any fees hit their cards, it’s not always so simple. Some deceitful businesses hide the terms and conditions of their offers in a small font or use pre-checked sign-up boxes as the default setting.
What does this mean for you? Most often, there’s limitation on the chargeback rights for these purchases. Your financial institution likely won’t be able to claim fraud and will need to pursue chargebacks through non-fraud reasons, such as “merchandise not as described,” which usually offer a low chance of success.
HOW TO AVOID THESE FEES:
BEST OF BAUER HOME STATE BANK
March 2018: BAUERFINANCIAL, Coral Gables, Florida, the Nation’s Premier Bank Rating Firm is proud to announce that Home State Bank, Royal, Iowa has once again secured its highest 5-Star rating. (A five-star rating indicates that this bank excels in areas of capital, adequacy, profitability, asset quality, and much more.) Earning and maintaining this top 5-Star rating for 117 consecutive quarters, Home State Bank has also procured a “Best of Bauer Bank” designation. This assignment is reserves for banks that have maintained Bauer’s highest rating consistently for the last 25 years or longer.
“A lot of things have changed since the Great Recession,” reflects Karen L. Dorway, president of BauerFinancial. “Technology, in particular, has changed the way many people bank, but it will never replace a bank’s knowledge of its customers. Community banks, like Home State Bank, have the upper hand on that. Through personal interaction, they can meet their customers’ needs today while anticipating them for tomorrow.”
Home State Bank was established in 1915 and has been growing alongside its customers for 103 years. Today it operates through a conveniently located office at Main and Third in Royal and can also be found online at hsbroyal.com.
Home State Bank: “The Bank of Generations.”
Member of the FDIC and an Equal Housing Lender
BAUERFINANCIAL, Inc., Coral Gables, Florida, the nation’s leading independent bank and credit union rating and research firm, has been reporting on and analyzing the performance of U.S. banks and credit unions since 1983. No institution can pay for or opt out of a BauerFinancial rating. Star-ratings are available for free at bauerfinancial.com
BAUERFINANCIAL, INC. P.O. Box 143520, Coral Gables, Fl 33114.
E-mail Claiming to Be From the FDIC
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of a fraudulent e-mail that has the appearance of being sent from the FDIC.
The subject line of the e-mail states: “check your Bank Deposit Insurance Coverage.” The e-mail tells recipients that, "You have received this message because you are a holder of a FDIC-insured bank account. Recently FDIC has officially named the bank you have opened your account with as a failed bank, thus, taking control of its assets.”
The e-mail then asks recipients to “visit the official FDIC website and perform the following steps to check your Deposit Insurance Coverage” (a fraudulent link is provided). It then instructs recipients to “download and open your personal FDIC Insurance File to check your Deposit Insurance Coverage.”
This e-mail and associated Web site are fraudulent. Recipients should consider the intent of this e-mail as an attempt to collect personal or confidential information, some of which may be used to gain unauthorized access to on-line banking services or to conduct identity theft.
The FDIC does not issue unsolicited e-mails to consumers. Financial institutions and consumers should NOT follow the link in the fraudulent e-mail.
If you have any questions regarding this issue, please feel free to contact the bank.
TIPS TO AVOID BECOMING A VICTIM OF IDENTITY THEFT
FOR ADDITIONAL SAFETY TIPS VISIT:
MY IDENTITY HAS BEEN STOLEN, NOW WHAT DO I DO!?!?
If this happens to you, here are some steps to help you get your life back on track:
Credit Report News
Effective March 1st, 2005, every person will be entitled to receive one free credit report per year. This opportunity is being provided to protect your credit from identity theft. There are three ways for you to obtain your report. They are as follows:
1) By Mail:
For your security, and in order to ensure you are using the request form that has been authorized by the Central Source, please contact the bank for a form to be sent to the above address. Only the Central Source, and Equifax (at www.equifax.com), Experian (at www.experian.com), and TransUnion (at www.transunion.com) and its members have been authorized by law and the government (see FTC.gov) to provide free credit reports as described on this site. We cannot ensure your personal information will be kept secure and used for proper purposes if you use forms or provide information to persons, addresses, numbers, etc. not authorized by this site or the entities listed above.
2) By Phone:1-877-322-8228
3) By Online Access: www.AnnualCreditReport.com
HOME STATE BANK. . . the bank of generations!
All text and original graphics copyright © 2012 Home State Bank