Mitigate Fraud

 
There is no one solution, but the right banking partner and the right combination of services can help you create awareness of unexpected account activity, increase account security, and reduce exposure.

How can you protect your accounts?

  • Increase control of your business accounts by creating awareness of unexpected account activity
  • Reduce your risk of financial loss due to fraud
  • Increase the security of your account by only authorizing certain debits

Positive Pay and ACH Filter

In order to protect your accounts at FSB, we offer Positive Pay and ACH Filter as fraud mitigation services for business customers.

Benefits of these services:

  • You are in control of what checks and electronic items clear your account
  • You will no longer need to wait for a bank statement or review all transactions to see if your account has been compromised
  • FSB will notify you if there is a discrepancy in your account
  • As you write checks, you will load the payment information to FSB. Then, as checks clear the account, FSB will compare the check clearing to the payment information you have loaded. If the amount, check number, and issue date don’t match, you will be notified.

With ACH Filter, you can now control who takes money from the account. You will create a pre-authorized list of those vendors that are able to debit from your account. If an electronic item tries to clear the account that is not pre-authorized, you will receive a notification to approve it.

Get peace of mind today! Contact Shelley Schroeder, our Treasury Management Officer to get started.

Call or Stop In

Monthly fees may apply to some services.

Shelley SchroderShelley Shroeder

Shelley is our Treasury Management Officer. She will sit down with you to discuss your business and help you decide which Treasury Management tools you need and how you want them set up.

Call 319-730-6866 
shelleyschroeder@fsbmail.net 
This email is not secure, please do not include sensitive financial information.

 

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