7 Ways to Frustrate a Fraudster During Tax Season

The weeks leading up to April 15 – tax deadline day – are often vulnerable ones for consumers, as W-2s and tax returns containing their personal information circulate over the internet and through the mail.

According to a Javelin Strategy and Research study, 12.7 million Americans were victims of identity fraud in 2014. Though down from 2013, . . . → Read More: 7 Ways to Frustrate a Fraudster During Tax Season

Avoiding Online Tax Scams

It’s tax season, which means it’s also time for tax scams, with numerous online scams that attempt to steal people’s tax refunds, bank accounts or identities.

The Internal Revenue Service (IRS) estimates it paid $5.2 billion in fraudulent identity theft refunds in the 2013 filing season. Websense® Security Labs reported in 2014 it saw approximately 100,000 IRS-related . . . → Read More: Avoiding Online Tax Scams

Olsen Completes Consumer Credit School

Jenn Olsen of Iowa State Bank, Algona, successfully completed the Iowa Bankers Association Consumer Credit School, March 2 – 6, 2015 in Ankeny, Iowa.

The school is an intense one-week program sponsored by the Iowa Bankers Association. The purpose of the IBA Consumer Credit School is to prepare . . . → Read More: Olsen Completes Consumer Credit School

Beware of Taxing Scams

It’s tax season, which means it’s also time for tax scams, with numerous online scams that attempt to steal people’s tax refunds, bank accounts, or identities. Last year, the Internal Revenue Service (IRS) estimates it paid $5.2 billion in fraudulent identity theft refunds in filing season 2013. Websense Security Labs reported in 2014 it saw approximately . . . → Read More: Beware of Taxing Scams

National Consumer Protection Week

In recognition of National Consumer Protection Week, March 1-7, Iowa State Bank is partnering with the American Bankers Association to highlight personal finance resources and urge customers to take an active role in managing and protecting their money.

“We implement numerous safeguards to protect our customers’ money and information, and we also do our best to provide . . . → Read More: National Consumer Protection Week

America Saves Week: Take Your Financial Future into Your Own Hands

America Saves Week, February 23 – 28, 2015, is the perfect time to review your finances, set your savings goals for the year, and set up a system that will allow you to save automatically. That’s why the America Saves Week theme is – Set a Goal. Make a Plan. Save Automatically.

Did you know that only . . . → Read More: America Saves Week: Take Your Financial Future into Your Own Hands

4 Simple Steps to Stop a Cyber Thief

Iowa State Bank Raises Awareness for Data Privacy Day Jan. 28

In recognition of National Data Privacy Day on Jan. 28, Iowa State Bank is urging customers to take an active role in protecting their data.

“Iowa State Bank’s first priority is to protect our customers’ money and information,” said Tom Van Overbeke, President. “We use a combination . . . → Read More: 4 Simple Steps to Stop a Cyber Thief

Trick or Treat…or Should We Say Trick or Threat?

October is not only National Cyber Security Awareness Month, it’s also the time to celebrate Halloween, bringing to mind scary things that are merely figments of our imagination. In the digital world, however, there are many scary things that aren’t figments of our imagination — things we should in fact be worried about.

The threats in cyberspace . . . → Read More: Trick or Treat…or Should We Say Trick or Threat?

Debit Card Security: October 24, 2014

Iowa State Bank is aware of a recent security breach of a merchant database. We are taking appropriate measures to help protect our customers.

At this time, account holders do NOT need to call Iowa State Bank to learn whether they are impacted. If we discover that your card was involved in the incident, we will notify . . . → Read More: Debit Card Security: October 24, 2014

6 Tips to Save for a Down Payment

Before transitioning from renter to home owner, consumers must typically save between 5 and 20 percent of the home’s value for the down payment. Prepare for one of the first steps in the home buying process – saving for a down payment with these tips:

• Develop a budget and timeline. Start by determining how much . . . → Read More: 6 Tips to Save for a Down Payment