The Built for Better Banking Newsletter - April 2024

Union State Bank News & Events

Digital Banking Center Under Construction In Winfield


Construction is underway for a new digital banking center in downtown Winfield, Kansas. Located at 121 W. 9th, the center will feature 24/7 customer deposit and withdrawal capabilities through a deposit taking ATM. 


The project also includes physical improvements to the current drive thru location. To date, construction has created minimal interruption to normal banking activities.


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Union State Bank Celebrates Staff Promotions


Michael McWhirt, Union State Bank’s Executive Vice President and Chief Operations Officer recently announced the promotions of staff members Kelli Houchen and Amanda Conrad.


Houchen has been promoted to Assistant Vice President, Newton Market Coordinator. Conrad has been promoted to Assistant Vice President, Winfield Market Coordinator.


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Maximizing Graduation Gifts: A Guide to Financial Preparedness

 

In the midst of celebration, it's easy to overlook the significance of the monetary gifts you receive. It's tempting to view graduation gifts as a windfall, ripe for immediate spending on luxury items or fleeting experiences.


However, exercising restraint and foresight can yield far greater rewards. Here is why it's crucial to resist the urge to spend all of your graduation money and instead prioritize saving for future expenses:



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Visit www.MyUnionState.Bank to learn more.

Facebook Phishing Scam

This deceptive Facebook phishing scheme begins with a post from a friend expressing grief with words like, "I can't believe he's gone. I'll miss him dearly." Accompanying the post is a link to what appears to be a news article or video.


However, clicking on the link redirects you to a webpage where you're prompted to log in to Facebook. If you submit your credentials, you're directed to an unrelated page. There is no genuine news article; instead, scammers have successfully harvested your Facebook login details through phishing tactics.


Scammers use compromised Facebook accounts to disseminate these deceptive "I can't believe he's gone" phishing links. The posts masquerade as coming from trusted friends and family members, heightening their credibility and making this phishing tactic highly effective. Once duped, scammers can leverage your Facebook account to post the same deceitful message to your social circle.


To shield yourself from falling prey to a Facebook phishing attack:

• Whenever feasible, employ multi-factor authentication (MFA) to fortify your account's security. MFA necessitates additional verification steps before logging in, thwarting scammers' attempts to compromise your account.

• Even if a post appears to originate from a friend, their account might be compromised. Verify the legitimacy of such posts by contacting your friend directly via phone or text.

• Be mindful that this form of phishing isn't confined to Facebook; scammers can employ similar tactics across various social media platforms.


For additional information about online scams and cybersecurity visit our website: https://www.myunionstate.bank/services/mobile-and-online-banking/online-security-tips

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Please Report Scams


If you spot a scam, please report it to the Federal Trade Commission.

• Call the FTC at

1-877-FTC-HELP

(1-877-382-4357)

or TTY

1-866-653-4261.

• Go online: ftc.gov/complaint


Your report can help protect other people. By reporting fraud, you can help the FTC’s investigators

identify the scammers and stop them before they

can get someone’s hard-earned money. It really makes a difference.


Information provided courtesy of Federal Trade Commission. FTC.gov/PassItOn

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