Fraud & Identity Theft Information

Substantial measures are in place at Peoples State Bank to protect your identity and your accounts against theft and fraud. We will never send an email asking for personal information-or send you to a special site to “update your information” Stringent bank privacy policies protect your personal and financial information. Password protection for online transactions help assure online security. When using our online services, you develop a secret password that only you know. Encryption on online transactions with your bank converts your information into secure code, protecting you against hackers.

Maximum security is possible only with your help. Here’s what you can do to stop these crimes before they happen:

  • Do not give out financial information such as checking and credit card numbers, or your Social Security number, unless you know the person or organization.
  • Report lost or stolen checks immediately. Your bank will block payment on them.
  • Notify your banker of suspicious phone inquiries such as those asking for account information to “verify a statement” or “award a prize.”
  • Closely guard your ATM Personal Identification Number (PIN) and ATM receipts.
  • Shred any financial solicitations and bank statements before disposing of them.
  • Put outgoing mail into a secure, official Postal Service collection box.
  • If regular bills fail to reach you, call the company to find out why.
  • If your bills include questionable items, don’t ignore them. Instead, investigate immediately to head off any possible fraud.
  • Periodically contact the major credit reporting companies to review your file and make certain the information is correct.

If you have any questions or concerns about protecting your financial identity, come in and visit with your banker.

The following are links to report and research fraud and identity theft.

SD Division of Consumer Protection
www.state.sd.us/attorney/office/divisions/consumer
1-800-300-1986
1-605-773-4400

FDIC: Identity Theft & Fraud
http://www.fdic.gov/consumers/theft/index.html

Credit Reports
www.annualcreditreport.com
1-877-322-8228