Victory State Bank Points to Strategies for Victims of

Identity Theft;


 Part 3 of a 9-part series:  Request Information

From Businesses The Identity Thief Dealt With



STATEN ISLAND, N.Y.  – Anyone who has ever dealt with the aftermath of having their identity stolen knows how difficult and time-consuming the process of repairing credit can be.

Today, Victory State Bank is presenting Part Three of a nine-part series highlighting Federal Trade Commission (FTC) tips for repairing your credit in the aftermath of ID theft:

The FTC can provide you with a Sample Letter to Request Fraudulent Transaction or Account Information.

This information can be useful to you to show that the thief, rather than you, made the transaction, and to law enforcement by providing information about the thief such as his or her address.  


About Victory State Bank:

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Victory State Bank Points to Strategies for Victims of

Identity Theft;  


Part 2 of a 9-part series: You May Need

an ID Theft Affidavit



STATEN ISLAND, N.Y. – Anyone who has ever dealt with the aftermath of having their identity stolen knows how difficult and time-consuming the process of repairing credit can be.

Today, Victory State Bank is presenting Part two of a nine-part nine-part series highlighting Federal Trade Commission (FTC) tips for repairing your credit in the aftermath of ID theft:

The ID Theft Affidavit may be required for a variety of purposes, including to absolve you of the debt when an identity thief opens a new account in your name, or to obtain application or transaction records from a company the identity thief dealt with. 

If you do not need to obtain any application or transaction records, and need only to have a specific debt absolved, you may want to ask the company whether they will accept the Identity Theft Report alone. 

The Identity Theft Report is a more detailed version of the ID Theft affidavit, and entitles you to additional protections. 


About Victory State Bank

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank, which is  Staten Island, N.Y.’s only community-based commercial bank. Victory State Bank commenced operations on Nov. 17, 1997. The bank's initial capitalization of $7 million was primarily raised within the community of Staten Island. VSB Bancorp’s total equity increased to $27.1 million by Dec. 31, 2011. Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. A pending sixth branch, located in the Charleston/Tottenville section of Staten Island, is subject to regulatory approval. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com


Victory State Bank: How to Avoid Fraud When Utilizing a Money Transmitter Service


STATEN ISLAND, N.Y. – When the need arise to send money, Victory State Bank urges consumers to use a money transmitter they trust.

In order to do business in New York, money transmitters must be licensed by the Department of Financial Services (DFS).  Money transmitters may operate through a network of agents.  Agents of money transmitters are not required to be registered or licensed by the DFS, but must have a written contract with a licensed money transmitter to act as its agent.

How do I know that I am using a licensed money transmitter or authorized agent of a licensed money transmitter?

All licensed money transmitters and their agents must affix a notice on the front window or entrance of its door, at least 20 inches wide x 12 inches high, indicating the name of the licensee and the statement that the licensee is “Licensed as a Money Transmitter by the Department of Financial Services.”

If you don’t see the sign, don’t use the money transmitter or agent!

What is a licensed money transmitter required to provide as evidence of a money transmission?

Get a receipt for your transaction. Save your receipt in case there is a problem. A receipt will make it easier to trace the transaction and to resolve any dispute surrounding the transaction. Your receipt would typically contain the following basic information:

  • The sender’s name
  • The receiver’s name
  • A notification of the option to pay the wired money in dollars
  • Any and all fees associated with the transfer

The receipt, at a minimum, is required by regulation to disclose the following:

  • The name and principal address of the licensee,
  • The type of transmission activity the licensee is authorized to engage in,
  • A telephone number established by the licensee to answer questions and register complaints,
  • That the licensee is licensed and regulated by the DFS,
  • That unresolved consumer complaints may be mailed to the DFS,
  • A statement of the liability of the licensee for nondelivery or delayed delivery,
  • A statement of the refund policy of the licensee,
  • The dollar amount of transmission, and
  • The fee charged.

What other types of information should I ask about?

Some money transmitters may charge additional or hidden fees. Ask about any other fees that may be charged to you and/or to the person to whom you are sending the money.

If you are sending money to a foreign country and not asking for the transaction to be delivered in dollars, ask about the licensee’s foreign exchange policy.  Determine if the foreign exchange policy or exchange rate is disclosed.  If an exchange rate is not disclosed, is the amount the beneficiary is to receive indicated?

Find out before you make your transaction if there is a time limit for filing a refund claim in the event of delayed payment or failed delivery. 

Shop Around for the Best Currency Exchange Rate and the Lowest Fees

Be aware that money transmitters charge different fees and may offer different exchange rates as the DFS does not regulate fees charged or exchange rates used within the money transmitter industry. Shop around.  Ask the money transmitter or its agent about the fees to be charged and its foreign exchange policy.

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Victory State Bank Shares 4 Essential

Questions You Should Ask Before Hiring

a Public Relations Firm


STATEN ISLAND, N.Y. – Regardless of the type of professional practice or business you may own, building your brand before the correct audience is an essential that cannot be ignored.

Victory State Bank is no different than other types of businesses when it comes to building a brand. If you didn’t know what makes us stand out from the competition, you likely wouldn’t pass through our doors.

Relevant Public Relations explains it this way:

The concept of "targeted marketing" is easy to understand: Get your message in front of those who can best benefit from your services and/or products -- and make certain that your timing is right. This also holds true for the targeted distribution of press releases.

It's obvious why ice cream trucks don't visit Northeast communities in the dead of winter; but in today's high-paced world of digital and traditional communications, finding the best-suited customers -- at just the right time and in the best way -- isn't always easy.

This is why many companies perform surveys to determine the best demographic fit for their products, and why some brands fail to get noticed.

In order for a public relations/marketing company to succeed on behalf of a client, a responsible firm will explore the best means for reaching the correct audience.

This means the PR firm needs to research the client's brand, totally grasp the current and potential customer base -- and diligently explore the best options for contacts within the media industry. 

Before hiring a public relations firm, the representative of a business or professional practice should ask a PR company the following three questions in respect to reaching their targeted audience:

1) What type of media venue, or venues, would work best for my company?

2) How will you decide which newsrooms will best benefit my brand?

3) Once a press release is sent to a newsroom, how can you increase the chances of the release being broadcast and/or published?

4) How will I know if your strategy is working?


Thank you for visiting the blog of Victory State Bank:VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com


Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.


Victory State Bank Reminds Staten Islanders That ‘Do Not Call Registrations’ Are Permanent


Staten Island, N.Y. – When at home, the folks at Victory State Bank enjoy their privacy. Regardless of your profession, no one enjoys being pestered at home by an ongoing barrage of telephone solicitors.

This is why Victory State Bank is reminding our friends and neighbors about the National Do Not Call Registry as a means to stop telemarketing.

Telephone numbers placed on the National Do Not Call Registry will remain on it permanently due to the Do-Not-Call Improvement Act of 2007, which became law in February 2008. More than 157 million phone numbers are on the National Do Not Call Registry.

Under the Act, the Federal Trade Commission will continue to remove telephone numbers that have been disconnected and reassigned to other customers. Consumers can delete their telephone numbers from the registry at any time by calling 1-888-382-1222 (TTY 1-866-290-4236) – the call must be made from the telephone number they wish to delete.

TO REGISTER YOUR NUMBER:

Online: http://www.donotcall.gov/
Phone: 1-888-382-1222

About Victory State Bank:

 

VSB Bancorp, Inc. (NASDAQ: VSBN) is the one-bank holding company for Victory State Bank. As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank operates five full-service locations on the Island: The main office in the community of Great Kills, and branches in the communities of West Brighton, St. George, Dongan Hills and Rosebank. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online http://www.victorystatebank.com

Media Inquiries:

 

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

www.RelevantPR.com

Mobile: 917‑715‑8761

Email: This email address is being protected from spambots. You need JavaScript enabled to view it.