|IMPORTANT BANK NEWS|
Scam artists in the U.S. and around the world defraud millions of people each year. They use the phone, email, postal mail, and the internet to trick you into sending money or giving out personal information.
Click Here to learn more about 10 things you can do — or not — to stop a scam.
If you have become a victim of fraud or identity theft, IdentityTheft.gov is here to help with step by step procedures to assist you through the recovery process. Visit their website for additional information or follow their What To Do Right Away checklist.
|ATTENTION MONTEREY COUNTY BANK MERCHANTS|
Monterey County Bank is partnered with Elavon, Inc., one of the largest merchant processors in the United States, to provide you with a wide range of products and services to support your business needs. We have recently updated our Merchant Services webpage to include information regarding Elavon's services as well as links to the MerchantConnect online reporting tool, Customer Service contact information and News & Alerts.
If you have not done so already, we encourage merchant customers to register their account on Elavon’s MerchantConnect portal for online access to merchant account information (i.e. Statements, Settlement and Transaction reporting, Chargeback reporting, etc.) as well as important merchant industry news and alerts. Additionally, Monterey County Bank will post similar important information for our merchants on the News & Alerts page. Please check back here regularly for any new information to ensure you stay up to date on new or upcoming changes in the merchant industry.
We appreciate your business and look forward to continuing to serve your business and banking needs.
|NOTICE OF EXPIRATION OF THE TEMPORARY FULL FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS|
By operation of federal law, beginning January 1, 2013, funds deposited in a noninterest-bearing transaction account (including an Interest on Lawyer Trust Account) no longer will receive unlimited deposit insurance coverage by the Federal Deposit Insurance Corporation (FDIC).
Beginning January 1, 2013, all of a depositor’s accounts at an insured depository institution, including all noninterest-bearing transaction accounts, will be insured by the FDIC up to the standard maximum deposit insurance amount ($250,000), for each deposit insurance ownership category.
FDIC Deposit Insurance Coverage Flyer [PDF]
|For more information about FDIC insurance coverage, visit: www.fdic.gov/deposit/covered/
Use the FDIC's Electronic Deposit Insurance Estimator to calculate insurance coverage.
Please take a moment to review the latest in Consumer Alerts:
|04/11/14||The Heart Bleed Bug|
|01/10/14||Target Alerts Consumers of Unauthorized Access [UPDATE]|
|12/19/13||Target Alerts Consumers of Unauthorized Access|
|06/07/13||Nob Hill Alerts Customers About Cyber Attack|
|01/30/13||E-mail Claiming to be from the FDIC: ACH and Wire Transfers|
For your reference, additional FDIC Special Alerts may be accessed from: FDIC: Consumer Alerts
To automatically receive FDIC Special Alerts through email, please visit: FDIC Subscriptions
|PROTECT YOURSELF FROM FRAUD|
Protecting your account and your personal information is a top priority for Monterey County Bank. In light of several recent security breaches involving various merchant retailers and vendors, our staff continues to work diligently to protect our clients and ensure your information is secure... [read more]