The Built for Better Banking Newsletter - Dec. 2023

Union State Bank News & Events

Wilson Joins Union State Bank as Chief Technology Officer


Shawn Wilson has joined USB as Executive Vice President / Chief Technology Officer. In this position Wilson will oversee the bank’s Information Technology team, as well as serve on USB’s executive leadership committee. Wilson has almost three decades of IT experience, and over 20-years in the banking industry.   


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USB Staff Pledge Over $20k to United Way for 2024


Union State Bank (USB) recently completed an internal drive to raise funds for United Way. The end result was $20,027 pledged by USB staff for 2024. USB’s gifts will provide local support through Harvey County United Way (Newton), United Way of the Plains (Ark City, Udall, Wichita and Winfield), Bartlesville Regional United Way (Bartlesville) and United Way of Central Oklahoma, Inc. (Edmond). 


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New Year's Resolutions for a Prosperous Future

 

Setting financial goals for the new year can be the first step toward achieving long-term stability and financial security. Whether your aspirations involve saving for a major purchase, paying off debt, or building an emergency fund, realistic and achievable objectives can empower you to take control of your financial future.



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Password Managers

Our lives are full of more account login credentials than any one person could possibly remember. Since trying to remember a different password for each account can be difficult, many people resort to bad password habits, such as reusing the same password for multiple accounts. If you want to practice good password habits but are afraid of forgetting all your passwords, a password manager can help.

What is a Password Manager?


A password manager is a program that stores and encrypts your passwords. Trustworthy password managers can increase your personal security. They also make it easier for you by having only one master password that you need to remember. Password managers can be used with all of your devices through mobile apps and browser extensions.

 

Are Password Managers Safe?


A password manager adds two layers of security to your passwords: a master password that only you know and data encryption that keeps your data secure. Since your data is encrypted, if a bad actor tries to hack your device and steal its data, your passwords remain safe. 


Password Creation and Security


Many password managers have automatic password generation built-in, which generates complex passwords that are difficult to guess or hack. Each random password is unique to the account you generated it for. If one account gets hacked, the other accounts will be safe since each password is unique. You never have to worry if one of the passwords is too difficult for you to remember since the password manager will remember it for you.


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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