Credit Report Information
Monitoring your credit report is the first step in preventing Identity Theft.
Each year, you’re entitled to a FREE copy of your credit report (please note this is NOT a free credit score) and you should check the information maintained at all three credit bureaus: Experian, Equifax and TransUnion . Many sites offer “free” credit reports and “free” credit scores but AnnualCreditReport.com is the ONLY authorized source for the free annual credit report that's yours by law. Beware of hidden costs and requirements often associated with imitators!
Review the information contained in your reports for accuracy and report any discrepancies, suspicious accounts or inaccurate information to the credit bureaus immediately. Click here to learn more, including about how to help protect yourself!
Have more questions? Visit the Federal Trade Commission’s website at www.ftc.gov for a vast number resources, including information on credit reports and scores. Or Contact Us – our Personal Bankers & Mortgage Lenders can help!
Account Fraud & Identity Theft Resources
Identity Theft is a crime defined as the illegal use of someone else's personal information (such as a Social Security number) in order to obtain money or credit (www.merriam-webster.com) . It can happen through different means — check fraud, credit card fraud, financial/criminal/governmental identify theft — and can be originated in many ways. Personally identifying information can be obtained through lost or stolen wallets, pilfered mail, breached databases, computer viruses, phishing & other scams…even something as simple as dumpster diving! The bottom line? Protecting yourself starts with YOU .
Banks help catch and prosecute these crooks, but here’s what you can do to assist in preventing their attacks:
- Never give your Social Security number or confidential information to anyone who calls you. Don’t carry your social security card with you either – it’s best to memorize your number.
- Shred/tear up receipts, old bank statements and unused credit card offers. Better yet, go GREEN and sign up for e-Statements with all of your financial partners! Check out e*Statements with McFarland State Bank.
- Don’t mail bills from your mailbox. Thieves may use them to change your address. Bill pay services and automatic payments can help reduce the need to mail these items at all. Check out e*Bill-Pay with McFarland State Bank.
- Review your accounts monthly for possible fraud activity.
- Order copies of your credit report once a year to ensure accuracy from www.annualcreditreport.com , the ONLY service authorized by the three nationwide credit reporting agencies for the purpose of monitoring your credit file to prevent ID theft.
- Memorize & protect your Personal Identification Number (PIN). Don’t carry it with you or write it on your card!
- Report suspected fraud to your financial institution immediately .
- Be aware of counterfeit and large withdrawal scams and learn how to protect yourself from losing money. Learn more about protecting yourself against fake check scams here.
Check out this quick video for even more helpful tips!
There is a wealth of information out there for your education and protection. Below, you can learn even more – including what to do if you do become a victim.
- American Bankers Association
- Federal Trade Commission
- State of Wisconsin Consumer Protection
Concerns about your FDIC deposit coverage? We can help! Visit or call us today at 866-826-2265. Or feel free to click here and visit "EDIE" at the FDIC's web site. EDIE's a user-friendly interactive deposit insurance tool.
Other Financial Information
Most of us have questions and concerns about all types of financial issues. The following link, www.usa.gov/handbook can give you information and support on a wide variety of financial subjects.
Some areas in the Money category include:
- Child Support
- Investing & Saving
- Managing Your Money
- Money Scams and Frauds
This link also provides information on subjects like travel, children educators, cars, employment, food, health, housing, and federal programs.