Victory State Bank: Cyber-Security Threats Are Real; Protect Your Business

 

STATEN ISLAND, N.Y. – Victory State Bank is at the forefront of pioneer in protecting small businesses and other banking customers from cyber-security threats.

 

Broadband and information technology are powerful tools for small businesses to reach new markets and increase sales and productivity. Businesses must implement the best tools and tactics to protect themselves, their customers and their data against cyber attacks.

 

  1. With this in mind, Victory State Bank is pointing to 5 key cyber-security tips from the Federal Communications Commission (FCC) for protecting your small business:
  2.  Train employees in security principles. Establish basic security practices and policies for employees, such as requiring strong passwords and establish appropriate Internet use guidelines that detail penalties for violating company cybersecurity
  3.  Protect information, computers and networks from cyber attacks. Keep clean machines: having the latest security software, web browser and operating system are the best defences against viruses, malware and other online threats.
  4.  Provide firewall security for your Internet connection. A firewall is a set of related programs that prevent outsiders from accessing data on a private network. Make sure the operating system’s firewall is enabled or install free firewall software available online.
  5.  Create a mobile device action plan. Mobile devices can create significant security and management challenges. Require users to password protect the devices, encrypt their data and install security apps.
  6.  Make back up copies of important business data and information. Regularly back up the data on all computers. If possible, backup data automatically and store the copies either offsite or in the cloud.

 

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 Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

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


Victory State Bank: Debit Cards’ Consumer Protection 

Differs From Credit Cards


STATEN ISLAND, N.Y. -- Although both credit cards and debit cards are easy ways to pay for your purchases, debit cards have some different levels of consumer protection and the potential for consumer fees.

The government Web site USA.gov explains that debit cards are directly connected to your bank account, so when you swipe your card make sure that you have the money in your account to pay immediately.

If you don't have enough money in your account, your bank may "loan" the money and pay the overage. However they may charge you up to $35 for this courtesy, even if the dollar amount the bank covered was small. There may also be fees applied to your card when you use your card with your PIN.

Debit cards don't offer as much protection against fraudulent use, or if your card is lost or stolen. Also, if you need to dispute a purchase, you are in a weaker position because the merchant already has the money and it will only be returned if you win the dispute.

Another fact to keep in mind is when you use your debit card to make reservations for hotels or rental cars, a hold is placed on your debit card (and your checking account) which can affect your other pending transactions. Even if the hold is removed, it may take as long as a week to make the funds available to you again.

For more information about debit cards, visit http://www.usa.gov/topics/money/banking/atm-debit.shtml.

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: Retaining Great Employees Should Be a Top Priority


STATEN ISLAND, NY. – Like most businesses successful businesses Victory State Bank wants its employees to be happy.

Business owners go to considerable trouble and expense to identify, interview, and hire great employees, so retaining them should also be a top priority.

Luckily, most good retention practices are inexpensive to implement.

Effective retention

To understand how to retain good employees, Victory State Bank points to guidance from CareerOneStop Business Center, a program sponsored by the U.S. Department of Labor, Employment and Training Administration. The program suggests you first know what employees are looking for.

Today, the best employees want:

  • Career development opportunities and a chance to grow in their chosen field
  • Regular feedback on how both they and the company are doing
  • A chance to contribute directly to the organization and be recognized for doing so
  • Flexible work schedules that recognize their need for work/life balance
  • A good salary or wage and an opportunity to increase it over time
  • Benefits tailored to their individual needs

Key strategies

CareerOneStop further explains that retention starts from the time you hire employees to the time they leave your company. See how tweaking some of your employment practices can have a big impact on employee retention:

  • Recruitment and hiring. It’s worth spending time and effort on recruiting. When there’s a good match between employees and your organization, retention is less likely to be an issue.
  • Orientation and onboarding. Again, it’s worth having good practices in place. Treating employees right in the critical early stages of employment has been proven to enhance retention.
  • Training and development. Training and development are key factors in helping employees grow with your company and stay marketable in their field.
  • Performance evaluation. When employees know what they’re doing well and where they need to improve, both they and your organization benefit.
  • Pay and benefits. While today many employees tend to rate factors such as career development higher than pay, good pay and benefits still count.
  • Internal communication. Effective communication can help ensure that employees to want to stay with your company. Employees need to know—and be reminded on a regular basis—how the organization is doing and what they can do to help.
  • Termination and outplacement. Employees who leave on good terms are much more likely to recommend your company, and in doing so, help you attract and retain future employees.

Engage employees to increase retention

Engaging your employees—that is, making sure that they are committed and productive in their work—can benefit you as much as it benefits employees.

If you hire the right employees, chances are good they’ll be engaged—committed to your business and happy in their work. But to ensure ongoing engagement, you as an employer must play a major role, particularly when it comes to communication. Consider these five strategies:

  • Be clear on what your business stands for. Your company’s mission and vision and brand must be front and center in everything you do.
  • Communicate well and often. Your employees need to know—on a continuous basis—how both they and your company are doing.
  • Understand generational differences. To get the best out of all your employees, know what motivates different generations.
  • Find out what your employees need. Ask your employees on a regular basis how they’re doing, and be ready to follow up on their input.
  • Empower all employees to do their best. Provide the leadership, resources, and training your employees need to realize their potential.

Understanding what engages employees can help during all phases of the employment cycle — from recruitment to training to performance assessment and beyond. It’s also much easier to retain employees who are engaged and committed to your company’s success.

 

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 Marketing Strategies For Boosting Your Father’s Day Business Profits

 

STATEN ISLAND, N.Y. – With Father’s Day quickly approaching, Victory State Bank shares seven marketing tips to raise the profit of your business this holiday.


 Who’s your target market?


Wives, moms, children and even grandparents are all about to start thinking about gift giving and doing something special for the fathers in their lives. And they spend big; according to National Retail Federation survey, the average person will shell out $117 on a gift for dad.

A recent article written by Caron Beesly, a small business community moderator for the Small Business Administration, features marketing strategies that can boost your profits – regardless of the type of business you operate.


Make It Easy For Buyers. If you run a store or a website, a gift guide is a great way to do this. Offer suggestions by price and/or interest and use e-mails and social media to highlight inventory that appeals to dad.

Make Dad’s Life Easier. This idea works best for service businesses. Get creative. For example, a restaurant could do a promotional tie-in with a local car wash.

 Give Dad a Reason To Visit Your Business. This is something that can work for all types of businesses- from health care practices to hair salons. Offer a demo or a complementary service. Also, offer an incentive to make a purchase in the next seven days.

 Target Kids and Mom.  Whether it’s a special offer for kids who actually make a purchase using their own pocket money, a special event or offering that attracts kids to your business. READ MORE ...

 


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 Advises Job Seekers To Review

Credit Report

 

STATEN ISLAND, N.Y – Job-hunting can be a tedious process. Victory State Bank emphasizes the importance of knowing your credit report before applying to any opportunities.

When you apply for a job, employers look at the application you complete and the resume you prepare. Some employers also check into your background before they hire you.

A background report can include: your credit history, criminal record, employment history and driving record.

Before you apply for any job, The Federal Trade Commission advises you to get your credit report. It is free. The report includes information about your credit history:

 

  • If you pay your bills on time or late
  • How much money you owe
  • If someone has sued you

 

You should know what is on your report too. If your credit report has mistakes you can fix them. You can also be ready to explain any information that is correct, but might not look to an employer.

 

To get a credit report for free, call Annual Credit Report at 877-322-8228. Someone might try to sell you another product or service. You just need your free credit report.

 With this simple step, Victory State Bank prepares you for an employer who could potentially be looking at your credit.

 

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 Contact: Barton Horowitz

Relevant Public Relations, LLC

Headquarters: 718‑682‑1509

Mobile: 917‑715‑8761

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