Customer Education

Corporate Account Takeover

What is Corporate Account Takeover?

Corporate account takeover is a type of fraud targeting business' finances to make unauthorized transactions, including transferring funds, creating and adding fictitious employees to payroll and stealing sensitive customer information.

Small businesses are being targeted especially since most do not have the same level of resources as larger companies to defend and upgrade their information technology systems. Also, many do not monitor and reconcile their accounts on a daily basis and small businesses may bank with a variety of financial institutions.

Online Education Center

Click here to enter our Online Education Center site. The Online Education Center is designed to give you more detailed information regarding the types of online services offered by the State Bank of Toledo, as well as a source for keeping your money and identity safe with our online Identity Theft awareness video. In addition to the convience of Online Banking, we have added other services to help manage your time and busy schedule including Mobile Banking and Popmoney. Please visit our Online Banking page located under the Personal Banking tab for a quick video explaining the benefits of each service.

Resources

Please use the following resources to find additional information on Identity Theft and other threats to your personal financial information.

Federal Trade Commission
Regulates other credit card and debit card issuers:
Consumer Response Center
600 Pennsylvania Avenue, NW
Washington, DC 20580
877-FTC-HELP (382-4357) toll-free
www.ftc.gov

Credit and Debit Card Safety

Credit, ATM and Debit Cards: What to do if They're Lost or Stolen

Cardholder Disputes 1-833-288-1126 (Monday - Friday 8am-5pm CST, Excluding Holidays)

24 Hour Shazam Fraud Hotline 866-508-2693

Many people find it easy and convenient to use credit cards and ATM or debit cards. The Fair Credit Billing Act (FCBA) and the Electronic Fund Transfer Act (EFTA) offer procedures for you to use if your cards are lost or stolen.

Limiting Your Financial Loss

Avoiding Fraud

10 Things You Can Do To Avoid Fraud

1 Keep in mind that wiring money is like sending cash: once it's gone, you can't get it back. Con artists often insist that people wire money, especially overseas, because it's nearly impossible to reverse the transaction or trace the money. Don't wire money to strangers, to sellers who insist on wire transfers for payment, or to someone who claims to be a relative in an emergency (and wants to keep the request a secret).

Identity Theft

Identity theft is a serious crime. It occurs when your personal information is stolen and used without your knowledge to commit fraud or other crimes. Identity theft can cost you time and money. It can destroy your credit and ruin your good name.