Earth Day is a reminder of the importance of being environmentally responsible and taking care of our planet (the place we call home). This year, join us in celebrating and evaluating ways we all can be more eco-friendly in our daily lives. If you haven’t done much to improve in this area, this spring choose …
Please remember that Spencer Savings Bank will never call, text, or email asking for your personal or account information. If you receive a suspicious call or message, hang up immediately and contact us directly at 1-800-363-8115. Through new technology innovations, fraud attempts are on the rise. Being aware of some of the most used schemes …
Fraud and identity theft remain constant threats to American consumers, including bank account theft, check fraud, and stolen credit cards. According to the Treasury department, fraud and identity theft reports have tripled in the past five years, affecting millions of Americans. Email and phone remain the two most common ways fraud can occur, though with …
In 2024, scammers stole over $16 billion from people just like you. Don’t let their tricks hypnotize you. Snap out of it. Scammers sound friendly for a reason – especially over email. They don’t always use threats. Instead, they earn your trust with polished language, official logos, and helpful-sounding requests. But just because it looks …
As tax season approaches, IRS scams are rising significantly. Scammers often impersonate the IRS regarding unpaid taxes – using threats of arrest or demands for immediate, unusual payments. They use sophisticated tactics like AI, social media misinformation and impersonation through calls, texts and emails to steal personal information and money, often threatening arrest or penalties …
Do you practice safe checks? It should come as easily as fastening your seat belt on a plane, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared! In fact, they’ve doubled since 2021. Criminals are becoming more sophisticated and finding new ways …
Getting out of debt can be painful—but the payoff is empowering! It takes a committed and consistent plan to get out of debt and stay out. Paying off debt has a variety of benefits—less stress, increased financial security, an improved credit score, etc. It also helps you reach your important financial goals by freeing your …
Earth Month is celebrated in April every year. It is a time to raise awareness about environmental issues and encourage action to protect the planet. It serves as a global reminder of the importance of environmental responsibility and sustainability. This time presents a valuable opportunity for businesses and organizations to reflect on their environmental impact …
Scammers work year-round, often targeting banking customers and credit or debit card users. Scammers send text messages or make phone calls claiming to be from an individual’s bank, creating a sense of urgency by citing alleged credit or debit card transactions. While scammers have a variety of techniques, it’s important to stay cognizant of common …
Scammers are becoming increasingly creative with thefts and scams—targeting checks or images of checks to make unauthorized purchases or withdrawals. Although postal workers across the country do their best to keep your mail safe, the United States Postal Inspection Service recovers more than $1 Billion in fraudulent checks and money orders each year, according to …