Victory State Bank Warns of Advance Fee Schemes

 

STATEN ISLAND, N.Y. – Victory State Bank would like to share the following information from the Federal Bureau of Investigation.

An advance fee scheme occurs when the victim pays money to someone in anticipation of receiving something of greater value—such as a loan, contract, investment, or gift—and then receives little or nothing in return.

Tips for Avoiding Advanced Fee Schemes:

If the offer of an “opportunity” appears too good to be true, it probably is. Follow common business practice. For example, legitimate business is rarely conducted in cash on a street corner.

 

  • Know who you are dealing with. If you have not heard of a person or company that you intend to do business with, learn more about them. Depending on the amount of money that you plan on spending, you may want to visit the business location, check with the Better Business Bureau, or consult with your bank, an attorney, or the police.
  • Make sure you fully understand any business agreement that you enter into. If the terms are complex, have them reviewed by a competent attorney.
  • Be wary of businesses that operate out of post office boxes or mail drops and do not have a street address. Also be suspicious when dealing with persons who do not have a direct telephone line and who are never in when you call, but always return your call later.
  • Be wary of business deals that require you to sign nondisclosure or non-circumvention agreements that are designed to prevent you from independently verifying the bona fides of the people with whom you intend to do business. Con artists often use non-circumvention agreements to threaten their victims with civil suit if they report their losses to law enforcement.

 

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.

 


How To Help Moore, Okla., Tornado Victims


STATEN ISLAND, N.Y. – The hearts and prayers of Staten Islanders are reaching out to the victims of the deadly tornado in Moore, Okla.

We are posting the following article from msn.com in hopes of expediting assistance to those who were devastated by this horrific event.

-- Victory State Bank

A massive tornado ripped through the middle of the Oklahoma City suburb of Moore on Monday, leveling hundreds of homes and buildings, including at least one elementary school with children still inside.

 At least 51 people have been killed, and dozens are still missing, many of them children.

Authorities are asking people who would like to help to stay out of the area until further notice but welcome assistance for the people affected in other ways: READ MORE …

 


Victory State Bank: Examine Future Costs Before Buying An Appliance


STATEN ISLAND, N.Y. – If you are in the market for a new home appliance – and want to save on future expenses – Victory State Bank encourages you to shop wisely by following these tips from the Federal Trade Commission:

  1. Measure. Make sure the space you’ve got for an appliance is big enough to fit it, including room to open the door or lid fully and appropriate clearance for ventilation.
  1. Compare performance. Decide which features are important to you, and ask about how various models operate: Are they noisy? What safety features do they have? What about repair histories? How much water do they use? Expert reviews might be helpful. Online reviews also can help you spot common complaints, but don’t put all your faith in any one review. Try searching for the company or product’s name with words like “review” or “complaint.”
  1. Look at the energy use. This is where the EnergyGuide label comes in handy. It lets you compare the energy use of similar models. The difference on your monthly utility bill can be significant, especially when considered over the life of an appliance, and might make up for a higher purchase price on a more efficient model.
  2. Ask about special energy efficiency offers. Ask your salesperson or local utility for information on cash rebates, low-interest loans, or other incentive programs in your area for energy-efficient product purchases and how to qualify. Or visit DOE’s Energy Saver site at energysavers.gov.

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 Asks, “Is It Truly Made in The USA?”


STATEN ISLAND, N.Y, -- With the upcoming holiday shopping season, many of you will be rushing to stores and ecommerce sites in hopes of securing the best gift for loved ones. Victory State Bank would like to remind you that there are laws in place to ensure you are given accurate information on where your purchased products were made.

The Federal Trade Commission has laws and guidelines to help businesses know when it’s appropriate to use the Made in USA label. That, in turn, helps consumers trust the labels they see.

  • A company that makes a “Made in the USA” or other United States origin claim for its product should be able to prove that all or almost all of that product was made in the United States. Products with these labels should contain virtually no material or components from other countries.
  • In general, products processed or finished in the USA that contain materials from other countries should not be labeled “Made in the USA” without further explanation. Look for qualifying statements near the claim that explain which components of the product come from the USA.
  • By law, most textiles and wool products must identify where they were made.
  • The law requires automobiles made since October 1, 1994, for sale in the U.S., to have a label stating where the car was assembled.

 

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 Smartphone Malware Alert

 

STATEN ISLAND, N.Y. Many people use their smartphone as a second computer, allowing the phone to contain a plethora of personal financial information. Victory State Bank would like to provide you with the following tips from the Federal Bureau of Investigation.

With these tips, you can help keep your personal information private.

Safety tips to protect your mobile device:

  • When purchasing a smartphone, know the features of the device, including the default settings. Turn off features of the device not needed to minimize the attack surface of the device.
  • Depending on the type of phone, the operating system may have encryption available. This can be used to protect the user’s personal data in the case of loss or theft.
  • With the growth of the application market for mobile devices, users should look at the reviews of the developer/company who published the application.
  • Review and understand the permissions you are giving when you download applications.
  • Passcode protect your mobile device. This is the first layer of physical security to protect the contents of the device. In conjunction with the passcode, enable the screen lock feature after a few minutes of inactivity.
  • Obtain malware protection for your mobile device. Look for applications that specialize in antivirus or file integrity that helps protect your device from rogue applications and malware.
  • Be aware of applications that enable geo-location. The application will track the user’s location anywhere. This application can be used for marketing, but can also be used by malicious actors, raising concerns of assisting a possible stalker and/or burglaries.
  • Jailbreak or rooting is used to remove certain restrictions imposed by the device manufacturer or cell phone carrier. This allows the user nearly unregulated control over what programs can be installed and how the device can be used. However, this procedure often involves exploiting significant security vulnerabilities and increases the attack surface of the device. Anytime an application or service runs in “unrestricted” or “system” level within an operation system, it allows any compromise to take full control of the device.
  • Do not allow your device to connect to unknown wireless networks. These networks could be rogue access points that capture information passed between your device and a legitimate server.
  • If you decide to sell your device or trade it in, make sure you wipe the device (reset it to factory default) to avoid leaving personal data on the device.
  • Smartphones require updates to run applications and firmware. If users neglect this, it increases the risk of having their device hacked or compromised. Avoid clicking on or otherwise downloading software or links from unknown sources.
  • Use the same precautions on your mobile phone as you would on your computer when using the Internet.

 

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.