CONDUCTING YOUR TRANSACTIONS
Federal financial regulators are reporting that Internet threats have
changed significantly over the past several years. Sophisticated hacking
techniques and growing organized cyber-criminal groups are increasingly
targeting financial institutions, compromising security controls, and
engaging in online account takeovers and fraudulent electronic funds
In order to help ensure the security of your online transactions, we
want you to know that:
We will never email,
call or otherwise ask you for your user name, password or other
electronic banking credentials.
You can protect
yourself by implementing alternative risk control processes like:
Making sure you choose
an adequate user name and password that, at a minimum, mixes in
small case letters, upper case letters and numbers.
your password (e.g., at least every 90 days).
Safeguarding your user
name and password information.
Making sure you have a
firewall in place when conducting your financial transactions.
Logging off the system
when you’re done conducting business (don’t just close the page or
“X” out of the system).
account activity on a regular basis.
In addition, we may
require owners of commercial accounts to perform their own risk
assessments and controls evaluations. For example:
Make a list of the
risks related to online transactions that your business faces
written down and left out in the open.
The use of old or
The possibility of
internal fraud or theft.
Delays in terminating
the rights of former employees.
The lack of dual
control or other checks and balances over individual access to
online transaction capabilities.
- An evaluation of controls
your business uses may include:
protected software to house passwords in.
Initiating a policy
and process to terminate access for former employees.
among two or more people so no one person has too much access or
Conducting internal or
third party audits of controls.
Using firewalls to
protect form outside intrusion or hackers.
provide consumers with some protections for electronic fund transfers.
These regulations generally apply to accounts with Internet access. For
example, these federal laws establish limits on a consumer’s liability
for unauthorized electronic fund transfers. They also provide specific
steps you need to take to help resolve an error with your account. Note,
however, that in order to take advantage of these protections, you must
act in a timely manner. Make sure you notify us immediately if
you believe your access information has been stolen or compromised.
Also, review your account activity and periodic statement and promptly
report any errors or unauthorized transactions. See the Electronic Fund
Transfer disclosures that were provided at account opening for more
information on these types of protections.
If you become aware of suspicious account activity, you should
immediately contact the authorities and contact us at the number listed
1501 SE Washington
Idabel, OK 74745
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