Farmers & Merchants State Bank Est. 1904

We’ve all heard it, if it sounds too good to be true, it probably is. Yet we fall for it, then wonder how. The Federal Trade Commission, AARP, and the MN Department of commerce have all put together great information about scams and fraud. By clicking on the links you are leaving Farmers & Merchants State Bank’s website. This institution does not guarantee or endorse the products, security, or privacy practices on these linked sites. Nor is the institution responsible for the accuracy of the data on these linked sites.

 

https://www.consumer.ftc.gov/features/scam-alerts  

http://mn.gov/commerce-stat/pdfs/toolkit-for-web.pdf   

https://www.aarp.org/money/scams-fraud/?CMP=RDRCT-CSN-FRAUD-082918i

Uncle Sam is not the only one who wants your money this time of year!

Here are some tips to avoid sharing your tax return with the wrong people!

  • Don’t open any email from the IRS:
    • The IRS is not going to email you requesting more money or informing you that you are receiving a larger than anticipated return.
    • The IRS will not email you requesting your debit card pin number or credit card number.
    • The IRS won’t demand payment without first mailing out a letter.
    • The IRS won’t require that you pay your taxes a certain way. For example, require that you pay with a prepaid debit card.
    • Avoid checking your bank account at the library, hotel lobby, or using public Wi-Fi. The internet connections are not secure. Leaving you vulnerable.
    • Always log out of Farmers and Merchants State Bank’s online banking.  By just clicking the     red x you are just closing the browser window, leaving your session open for a short period of time.

As a reminder, Farmers and Merchants State Bank does not request confidential information through e-mail, pop-up requests, or phone calls.  If you are contacted by any of these methods by someone claiming to be from Farmers and Merchants State Bank, please contact us at 507-583-6688 or 507-437-3253.

Dislcaimer: Thank You for visiting the Farmers & Merchants State Bank website. This institution does not guarantee or endorse the products, security, or privacy practices on these linked sites. Nor is this institution responsible for the accuracy of the data on these linked sites.