Consider the Activity of Your Enterprise Before Deciding on a Business Location

 

STATEN ISLAND, N.Y. – The location of your business could be a major factor in its success or failure.

As Staten Island, N.Y.’s only community-based commercial bank, Victory State Bank is suggesting that business owners consider the activity of their enterprise before opening or relocating their enterprise.

The bank points to the following questions offered by the U.S. Small Business Administration (SBA) as a means of narrowing your location choices:

  • Do your customers come to you?
  • Do you have to go to your customers?
  • Do you have employees?
  • Do you manufacture products for distribution?

 

The SBA suggests that business owners consider the following:

  • If your type of business depends heavily upon pedestrian or drive-by traffic, such as a florist, gift shop, or clothing boutique, you'll want to seek popular retail locations, such as a downtown area or a mall, where there are few restrictions on signs that can help attract passing customers.
  • If customers typically seek your type of business, such as a child care service, beauty salon, or fitness center, you'll want to find space that is easily accessible from population centers, major roads and public transportation.
  • If your customers do not typically come to you, other location factors may be more important than physical proximity to your customers.
  • For example, if you conduct much of your business online, establishing a home-based business might be more desirable and economical than leasing commercial office space.
  • If you manufacture products for distribution, an ideal location might be an industrial park near major transportation ports.

For additional SBA information on determining the best location for your business, log onto http://www.sba.gov/content/tips-choosing-business-location.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

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 Banks Casts Spotlight on International Data-Stealing Malware

 

STATEN ISLAND, N.Y. – Victory State Bank wants local business owners and consumers to be aware of GameOver Zeus, an extremely sophisticated type of malware designed specifically to steal banking and other credentials from the computers it infects. It’s predominately spread through spam e-mail or phishing messages.

The good news is On June 2, 2014, the Department of Justice and the FBI announced a multinational effort to disrupt the GameOver Zeus botnet, believed to be responsible for the theft of millions of dollars from businesses and consumers in the U.S. and around the world.

Also announced was the unsealing of criminal charges in Pittsburgh and Omaha against alleged botnet administrator Evgeniy Mikhailovich Bogachev of Anapa, Russian Federation.

Unbeknownst to their rightful owners, the infected computers become part of a global network of compromised computers known as a botnet—a powerful online tool that cyber criminals can use for their own nefarious purposes. In the case of GameOver Zeus, its primary purpose is to capture banking credentials from infected computers, then use those credentials to initiate or re-direct wire transfers to accounts overseas that are controlled by the criminals. Losses attributable to GameOver Zeus are estimated to be more than $100 million.

Unlike earlier Zeus variants, GameOver has a decentralized, peer-to-peer command and control infrastructure rather than centralized points of origin, which means that instructions to the infected computers can come from any of the infected computers, making a takedown of the botnet more difficult – but not impossible.

Officials announced that in addition to the criminal charges in the case, the U.S. obtained civil and criminal court orders in federal court in Pittsburgh authorizing measures to sever communications between the infected computers, re-directing these computers away from criminal servers to substitute servers under the government’s control.

To find out more about the investigation and to learn the warning signs of a GameOver Zeus-infected computer, visit the FBI online at: http://www.fbi.gov/news/stories/2014/june/gameover-zeus-botnet-disrupted.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

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.

 

 

 

Don’t Be Fooled By Fake Government Officials

 

Staten Island’s only community-based business bank warns of thieves masquerading as federal employees

 

STATEN ISLAND. N.Y. -- Scammers sometimes pretend to be government officials to get you to send them money. According to the Federal Trade Commission, they might promise lottery winnings if you pay “taxes” or other fees, or they might threaten you with arrest or a lawsuit if you don’t pay a supposed debt. Regardless of their tactics, their goal is the same: To get you to send them money.

Don’t do it.

Victory State Bank wants our friends and neighbors to be aware of this FTC message: Federal government agencies and federal employees don’t ask people to send money for prizes or unpaid loans. Nor are they permitted to ask you to wire money or add money to a prepaid debit card to pay for anything.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

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.

 

 

 

 

Seniors Need To Know Warning Signs of Fraud

 

STATEN ISLAND, N.Y. -- Victory State Bank recommends that senior citizens learn how to shield themselves from fraud schemes.

According to the FBI, senior citizens should be aware of fraud schemes for the following reasons:

 

  • Senior citizens are most likely to have a "nest egg," to own their home, and/or to have excellent credit—all of which make them attractive to con artists.
  • People who grew up in the 1930s, 1940s, and 1950s were generally raised to be polite and trusting. Con artists exploit these traits, knowing that it is difficult or impossible for these individuals to say "no" or just hang up the telephone.
  • Older Americans are less likely to report a fraud because they don't know who to report it to, are too ashamed at having been scammed, or don’t know they have been scammed. Elderly victims may not report crimes, for example, because they are concerned that relatives may think the victims no longer have the mental capacity to take care of their own financial affairs.
  • When an elderly victim does report the crime, they often make poor witnesses. Con artists know the effects of age on memory, and they are counting on elderly victims not being able to supply enough detailed information to investigators. In addition, the victims' realization that they have been swindled may take weeks—or more likely, months—after contact with the fraudster. This extended time frame makes it even more difficult to remember details from the events.
  • Senior citizens are more interested in and susceptible to products promising increased cognitive function, virility, physical conditioning, anti-cancer properties, and so on. In a country where new cures and vaccinations for old diseases have given every American hope for a long and fruitful life, it is not so unbelievable that the con artists’ products can do what they claim.

 

For additional information on how to protect yourself and your family fraudsters, log onto http://www.fbi.gov/scams-safety/fraud/seniors.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQB: 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 onlinehttp://www.victorystatebank.com.

Media Contact:

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.

 

 

FCC Provides Cyber-Safety Resource For Small Businesses

 

STATEN ISLAND, N.Y. -- Information technology and high-speed Internet are great enablers of small business success, but with the benefits comes the need to guard against growing cyber threats.

Earlier this month, as part of an unprecedented collaboration with government experts and private IT and security companies, the Federal Communications Commission released the “Small Biz Cyber Planner,” a new easy-to-use online tool to help small businesses customize their own cyber-security plans.

Victory State Bank, Staten Island, N.Y.’s only community-based commercial bank, suggests that small-business owners familiarize themselves with this valuable online tool, available at www.fcc.gov/cyberplanner.

The “Small Biz Cyber Planner” online resource will enable any small business to create a customized guide tailored to its cyber-security needs by answering a few basic questions.

 By using this tool and implementing the planning guide, businesses can protect themselves, their information, and their customers from cyber threats.

The new online tool was developed as part of a collaboration with government experts and private IT and security companies, including DHS, NCSA, The U.S. Chamber of Commerce, The Chertoff Group, Symantec, Sophos, Visa, Microsoft, HP, McAfee, The Identity Theft Council, ADP and others.

 

 

ABOUT VSB BANCORP

VSB Bancorp, Inc. (OTCQB: 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. 

Media Inquiries:

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www.RelevantPR.com

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