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

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.

We all want to keep our hard-earned money and information safe from criminals! This year I’ve made my New Year’s Resolution List!

 
  • I will not fall for customer support scams on my electronic devices. Microsoft is not going to warn me of a problem with a pop-up message on my computer and give me a number and then charge me in cash or iTunes cards to pay for this “customer support”.

  • I will not use my Debit Card to make online purchases. Why would I want to give a possible criminal access to my checking account? I will only use a credit card for online transactions.

  • I will not fall for cash back schemes. If I sell something on the internet, I will not accept a check or any other means of payment for more than I was asking just to send the overage back by wire or gift cards.

  • I cannot win a foreign lottery, period. In most countries I must be a resident to win the lottery. I must also have purchased a lottery ticket for that specific lottery in order to be a winner.

  • I will not fall for the IRS telephone/email/text scam. The IRS will not call, email or text me and demand payment or threaten me.

  • I will not send money to a relative or friend who has been arrested in another country until I verify with that person or another member of their family that they are in fact traveling and in trouble.

  • No Nigerian prince needs my help in getting his fortune to the United States. He is not really a prince and may not even be Nigerian, and he definitely does not need my banking information.

  • I will not post too much information online about my personal life including, but not limited to, when I am going on vacation and how long I will be gone, my kids’ names and ages and what school they go to or what bus they ride, or where I am and what I am doing every minute of every day.

  • I will not ever use public wi-fi (like in a coffee shop or airport) to access my personal or business accounts online.

  • I will keep my electronic devices’ operating systems up to date with all the patches and fixes that are released by Microsoft, Apple, Android, etc.

  • I will keep my anti-virus and anti-malware software up to date on all of my electronic devices.

  • I will protect my passwords and change them regularly. I will not use the word password, my dogs’ name, or any other easily guessable password.

  • I will always think before I click!

 

I hope you will join me by committing to this list of resolutions. Each one of us personally is the best and last line of defense for keeping our information safe.