Page 20 - Senior Link Magazine Fall 2023 - Online Magazine
P. 20
SENIOR RESOURCES
THE VALUE OF A RELATIONSHIP
WITH
Your Bank
n times of economic uncertainty, low balances. Enable these
having a good relationship with alerts to stay informed about
Iyour bank is more important than unusual activity and report
ever. James Arnold, President and any unauthorized transactions
CEO of American Bank of Commerce, immediately.
stresses the importance of banking or providing any sensitive
with a local community bank, with • Create strong passwords. Use information unless you are sure
people who know your name. unique and strong passwords of the source.
Having a personal relationship for your online banking and
with your banker and knowing financial accounts, avoiding • Keep your devices secure. Ensure
that person is accessible to you is easily guessable information like that your computer, smartphone,
especially important. birthdays or names. Consider or tablet has up-to-date antivirus
using a password manager to and security software, and
Below are steps you can take to keep securely store your passwords. regularly update your operating
your money safe: systems and applications to fix
• Enable two-factor authentication any security vulnerabilities.
• Make sure your bank monitors whenever possible. This adds
their risk daily, has strong, stable an extra layer of security by • Use secure networks. Avoid
assets, and is a good steward requiring a second form of accessing your financial accounts
of the money you deposit with verification, such as a fingerprint or making transactions on public
them. Choose a bank that is or code sent to your mobile Wi-Fi networks. Use secure,
insured by the government and device or email. password-protected networks,
has strong security measures in or consider using a virtual
place. • Be cautious with personal private network (VPN) for added
information, such as social security.
• Regularly monitor your accounts security numbers, bank
by keeping a close eye on your account details, or credit card American Bank of Commerce bankers
bank accounts and credit card information. are ready to help you navigate the
statements for any suspicious complexities in protecting your
activity and set up account alerts. • Be vigilant against phishing money and earning interest on your
Many banks offer account alerts scams: Be cautious of emails, deposits. We are committed to being
via text or email for various texts, or calls asking for personal trustworthy partners with you, now
activities on your account, or financial information. Avoid and into the future.
such as large transactions or clicking on suspicious links
20 Lubbock Senior Link
