In order to avoid becoming an unwitting victim of fraud schemes, you need to know about the existence and consequences of fraud, proper check issuing and timely statement reconcilement. Following is a brief list of protection tips.
- Guard your checkbook and checks
- Never give your account and routing numbers to people you do not know, especially to anyone over the telephone even if the individual represents him or herself as a bank employee
- Guard your deposit slips. Never use your deposit slip for “scrap” paper and then give it to someone
- Properly store or dispose of canceled checks
- If your checkbook is lost or stolen, immediately inform us
- When traveling for a period of time, it is wise to leave your checkbook at home, locked away, and purchase a travel card or use your ATM/ChekCard
- Write your checks using ink pens ..never pencil
- Write the payee name and the dollar amount in both numbers and letters, as far to the left in the allotted space and draw a line thru the unused space to the right of the letters and numbers to prevent additions
- When writing the payee name on the “Pay to the Order of” line, make sure the name is spelled out so it cannot be altered.
- Promptly balance or reconcile your checkbook register with your monthly bank statements