Category: Identity Protection

Is Your Financial Information Secure Online?

Adult man using his laptop in his home

This blog was originally published in 2019, and it was updated in 2023. Online banking and investing are modern-day services that provide convenience for those on the go. You can quickly pay bills and move money around using your home computer, smartphone or another compatible device. However, this convenience can become a major hassle if… Read more »

Uncovering Generational Fraud (And Tips on How to Prevent it From Happening)

Senior man on the phone with Minster Bank discussing elder financial abuse and fraud prevention.

Every year, seniors lose more than $3 billion annually from generational 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 Generational Fraud “In the last few months,… Read more »

4 Major Warning Signs of Financial Fraud: How to Spot a Financial Scam

Middle-aged woman holding schnauzer dog browses online safely watching out for warning signs of financial fraud.

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 »

Protect Your Identity by Attending a Community Shred Event

Minster Bank employees with shred-it truck

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 »

How to Recognize and Prevent Generational Fraud: Scams to Look Out For

Senior couple sitting on the couch reading through elder financial abuse scam tips in their Minster Bank banking papers.

Generational fraud is 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 generational fraud. Keep reading… Read more »

5 Steps You Should Take to Keep Your Account Safe

Millennial woman in blue shirt checks her Minster Bank account using her laptop at home

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 »