Every year, seniors lose more than $3 billion annually from elder fraud, according to the FBI. Unfortunately, this type of financial fraud is only on the rise, and at Minster Bank, especially in the last few years, we’ve seen more and more of these events happen. Examples of Financial Fraud “In the last few months,… Read more »
In today’s world, scammers have more tools than ever to separate you from your hard-earned money — especially as more people are spending time online and conducting business virtually. Whether you’re trying to make smart investments or just protect yourself from being victimized, it’s important to know these major warning signs for financial fraud. Keep… Read more »
With identity thieves lurking, it can be stressful worrying over the security of your identity. A major way to cut down on the risk of identity theft is to shred any unnecessary personal documents you don’t need, such as tax returns, pay stubs and old bank records. At Minster Bank, we’re here to help protect… Read more »
Financial scams against the elderly are on the rise — and getting more sophisticated. Whether you’re looking to protect yourself or others, it’s important to stay informed about the methods scammers use to swindle people out of their money. In the webinar below we discuss how to protect yourself and your loved ones from elder… Read more »
Did you know that cybercrime could cost the world $10.5 trillion annually by 2025? As more and more data floods the internet, servers and our digital devices, the risk that individuals, businesses and government organizations will have their data compromised grows exponentially each year. That said, you can take steps to minimize your risk of… Read more »
Criminals are looking for accounts they can easily hack and information they can easily steal. Here are four easy steps you can take to help protect your account from thieves. Review Your Bank Statements Whether you receive online or paper statements of your account’s activity, it is important to read them line by line. It… Read more »
Summer is here and that can only mean one thing — it’s vacation time! With a little pre-planning and self-discipline, it’s easy to stay financially healthy on a road trip. Here are seven tips for saving money and ensuring that your money stays safe during your travels. 1. Budget for Your Trip Ahead of Time… Read more »