Security
You trust your bank with your money, so you’ll want to
check into the security features the bank offers. Some
things to look for when assessing the security features a
bank offers:
Fraud monitoring
Will the bank contact you if
they detect suspicious activity on your account?
Liability protection
If your account information
is stolen, will the bank cover any unauthorized
transactions?
Photo security
Does the bank have the capability
to place your photo on your debit card to reduce the chances
of fraud if your card is stolen?
Privacy policy
What is the bank’s privacy policy
and how often is it updated?
FDIC Membership
Is the bank a member of the
Federal Deposit Insurance Corporation? If they are, then
deposits you make will be insured up to $100,000.
Identity theft protection
Does the bank offer any
tools that help protect your identity? Get more information
on identity theft and how to protect yourself.
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