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Articles & Resources
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Resources for Helpful Financial Information
We’ve compiled a list of helpful articles and resources for financial information:
Crypto* investment scams, commonly referred to as "pig butchering" by scammers, cost consumers billions of dollars. Criminals befriend people to entice them to make crypto investments through phony apps and websites. The investments may start out slowly with small sums of money, but it's a scam aimed at stealing tens of thousands to millions of dollars. Learn more.
Safeguard Your Finances Against Text/Email Fraud
Protect yourself against fraud on your phone and through email. Here are helpful tips from the FTC regarding "smishing and phishing." When in doubt, call our team for assistance.
The American Bankers Association and the U.S. Postal Inspection Service today announced a new joint effort to combat the rapid rise in check fraud, which has increased nationwide by 385% since the pandemic, according to the U.S. Treasury Department. Check fraud schemes commonly target the U.S. mail to steal checks, alter or wash them to change the payee and dollar amount, and ultimately steal money from victims’ accounts. Learn More!
Avoiding Real Estate Fraud - Best Practices
With the recent increase in real estate fraud, in central Iowa, it is important that realtors help protect customers from falling victim to a real estate scam. Learn more about best practices for real estate transactions.
How to Spot IRS Scams – Don’t Take the Bait!
It is tax season! IRS impersonators are at it again and scammers are looking to take advantage of the many taxpayers who are preparing their taxes and expecting returns. Scammers are sending messages about your “tax refund” and it may look legitimate, but it is indeed a scam. The best way to prevent falling victim is to be familiar with the red flags. Please see the attached information on red flags to identify IRS Scams.
Student Loan Options for Your College Student
South Story Bank & Trust has partnered with ISL Education Lending to help customers with college expenses. Through this partnership, we are able to offer three types of loans for college financing. There are no origination or late fees associated with any of these loans.
Don’t fall victim to phishing.
In 2022, scammers stole over $8.8 billion from their victims. Every day, people lose their hard-earned money to online phishing scams. Don’t fall for shady texts, emails, and phone calls. Learn the things your bank would never ask.