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  School starts soon!  Are you ready?  

Temporary Liquidity Guarantee Program

This program fully guarantees all non-interest bearing transaction accounts.  If you would like to learn more click here!


FDIC INSURANCE PERMANENTLY RAISED TO $250,000! 

The Wanda State Bank is a member of the Federal Deposit Insurance Corporation (FDIC) so the funds in your Wanda State Bank checking, savings, and certificates of deposits (CD's) are automatically insured up to the applicable FDIC limits. 

Effective October 3, 2009 and then extended through December 31, 2013, the basic deposit insurance limit had been increased from$100,000 to $250,000.

On July 21, 2010, President Obama signed the Wall Street Reform and Consumer Protection Act, which in part, PERMANENTLY raises the current standard maximum deposit insurance amount to $250,000.  The FDIC insurance coverage limit applies per depositor, per insured depository institution for each account ownership category.

If you have any questions about these changes, or wish to determine how you can maximize your FDIC Insurance coverage, please contact us at 507-342-5187.  


CHECK THIS OUT!

Are you unsure if you are FDIC insured? The FDIC has an online tool to help you determine if you are covered. Their site is https://www2.fdic.gov/EDIE/ . Simply click on the green box that says Electronic Deposit Insurance Estimator (EDIE Estimator Tab), enter your information carefully and print your own personalized report.

Looking for current weather conditions or what's happening in the market?  Don't forget to check out our links page!  You will find many useful websites listed for your convenience.  

 

 


 

TIPS FOR ON-LINE SAFETY

The Wanda State Bank strives to keep your online experience safe and we take every measure possible to keep your information secure. We have firewalls that are strategically placed to control and filter information traffic with our service provider and we use the highest encryption possible when your information is transmitted to them. We also offer various levels of protection every time you log on! As you may know, you have to contact us to activate your account. After we have verified your identity, the first level of protection is that we assign you a unique user ID which connects you to your specific account information. The random code that you see and must enter is another safety feature, followed by answering a security question that you have created and personalized. The security key is a word that you choose when you initially enroll. This word or phrase is something that you see every time you log in. Seeing this ensures that you have not entered a site that is trying to look like ours. If you do not see your personalized security key, DO NOT proceed and notify us immediately. Finally you are able to enter the PIN that you assigned. If your account has more than 3 invalid attempts to log in, it automatically locks the account and we must remove that lock before you will be able to get back in. As you can see the more steps it takes to log in to your account, the more secure the site. 

There are things you can do to help protect your information too. When creating your questions and answers, it is important to use those that would be easy for you to remember but very hard for somebody else to know. We do not recommend using birth dates, anniversaries, phone numbers, etc, as this is information that someone close to you would likely already know. Also make sure your PIN is unique. Using a combination of numbers, letters, and symbols makes it much harder for someone else to guess what you used. Never leave your computer unattended while you are logged on, and never share your User ID or Password with anyone. It is also a great idea to make sure your computer has good firewall protection that is up to date. All of these steps used in combination are a great way to help keep your information safe and secure. You may go to the FDIC website to read more information and tips on how to keep your on-line experience safe.

BENEFITS OF ON-LINE BANKING

Established customers can sign up for on-line banking and receive the following benefits:

  • View account history
  • Do account inquiries
  • Transfer funds between owner accounts
  • Make loan payments
  • FREE On-Line Bill pay!!
  • FREE paperless eStatements

If you are not already a valued customer stop in to open an account today and start receiving the service you deserve! 

  

 

 

FDIC TIPS FOR SAFE ON-LINE BANKING

  

 

 

 

  

 

 

 

 

 

 

 

 

SAFETY COMES FIRST!

It has been proven that regular viewing of account activity helps deter fraudulent activity by allowing you to identify suspicious transactions much faster than waiting for a monthly statement. Although this is true, it is still VERY important for YOU to make safe decisions and use good judgment at all times with your account. 

 

ID Theft Victim Tips

 

 

 

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