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Tax Refund Fraud

Identity theft can be a precursor to tax refund fraud because individual income tax returns filed in the US are tracked and processed by Taxpayer Identification Numbers (i.e. Social Security numbers) and the individual taxpayer names associated with these numbers.  Fraudulent actors obtain TINs through various methods of identity theft, including phishing schemes and the establishment of fraudulent tax preparation businesses. … Read more

Mobile Banking

On Sunday, January 13, 2013 an automatic upgrade to Mobile Banking was completed.  Features include: Discontinued support of downloadable app for iPhone 2G and iPhone 3G users. Retirement of down loadable Mobile Banking app for all BlackBerry Devices. Apple recently announced a policy change that affects the Mobiliti iPhone application and the ability to support … Read more

FDIC Insurance

NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC). Beginning January 1, … Read more

Attention Debit Card Customers

Points West Community Bank has partnered with the Star Network to provide you additional fraud prevention services. Should a transaction be deemed unusual or possible fraud based on the criteria of Star Network, you may receive a phone call from the TRANSACTION REVIEW DEPARTMENT to verify the transaction is legitimate. PWCB does promote verifying the … Read more

Budgeting

Looking for ideas on how to save money with your family? Check out these websites for tips on how to save money. There are tons of helpful tips such as setting aside time every month to prepare a budget that is realistic to stick to, not making small purchases at gas stations, coffee shops, etc, … Read more

ACH

Automated Clearing House (ACH) is an electronic network for financial transactions in the United States.  Many checks are now being converted electronically and run through as an ACH.  This is called electronic check conversion, this is the process in which your check is used as a source of information – for the check number, the account number, and the routing number (which identifies your … Read more