Victory State Bank Echoes FDIC Tips

For Stopping Unwanted Solicitations

 

Staten Island’s only community-based commercial bank explains how

to remove your name from marketing lists

 

STATEN ISLAND, N.Y. – Some people want to be on marketers' mailing and telephone lists for new offers, but if you don't, Victory State Bank suggests you follow these tips from the Federal Deposit Insurance Corp. (FDIC):

  • You can reduce the number of offers for credit cards, insurance and other financial products that you receive by calling toll-free 888-5-OPTOUT (888-567-8688) to remove your name from marketing lists that the nation's major credit bureaus provide to creditors and insurers.
  • You can cut back on mailings and phone calls from national advertisers by taking advantage of services offered by the Direct Marketing Association. For more information, write to DMA Consumer Affairs, 1111 19th Street, NW, Washington, DC 20036, or go to www.dmaconsumers.org on the Internet. To be removed from marketing lists at local businesses, contact them directly.
  • Don't give out personal details (such as your income or buying habits) to people or businesses who ask for it unless you know and approve of how that information will be used. Example: The information you provide when you enter drawings at stores, fill out warranty cards for new products or respond to surveys on the Internet often gets sold or rented to other marketers.

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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

http://www.RelevantPR.com

Mobile: 917-715-8761

 

 

Use Caution When Buying Through an Online Auction

Victory State Bank shares Internet-safety advice

 

STATEN ISLAND, N.Y. – Before participating in an Internet auction, make sure you are proceeding safely, urges Victory State Bank.

The bank suggests business owners and consumers learn how to protect themselves from Internet auction fraud by following these tips from the Internet Crime Complaint Center (IC3), a partnership of the FBI and the National White Collar Crime Center:

 

  • Learn as much as possible about the seller, especially if the only information you have is an e-mail address. If it is a business, check the Better Business Bureau where the seller/business is located.
  • Examine the feedback on the seller.
  • Determine what method of payment the seller is asking from the buyer and where he/she is asking to send payment.
  • If possible, purchase items online using your credit card, because you can often dispute the charges if something goes wrong.
  • Be cautious when dealing with sellers outside the United States. If a problem occurs with the auction transaction, it could be much more difficult to rectify.
  • Ask the seller about when delivery can be expected and whether the merchandise is covered by a warranty or can be exchanged if there is a problem.
  • Make sure there are no unexpected costs, including whether shipping and handling is included in the auction price.
  • There should be no reason to give out your social security number or driver’s license number to the seller.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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

http://www.RelevantPR.com

Mobile: 917-715-8761

 

5 Tips For Thwarting A Government Imposter Scam

 

Staten Island’s only community-based business bank warns of government imposter scams

 

STATEN ISLAND, N.Y. – Fraudsters want your hard-earned money, and they will use every trick available to accomplish their mission.

Sometimes, scammers will pretend to be government officials to get you to send them money. Victory State Bank is urging our friends and neighbors to be alert when it comes to any solicitations regarding an exchange of money.

According the Federal Trade Commission (FTC), thieves may try to temp you by promising 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 the tactics, the goal of scammers is the same: To get you to send them money.

With this in mind, Victory State Bank is echoing the warning of the FTC: Don’t part with your money.

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.

The FTC suggests the following five tips for beating a government imposter scam:

 

  • DON’T WIRE MONEY

 

Scammers often pressure people into wiring money, or strongly suggest that people put money on a prepaid debit card and send it to them. Why? It’s like sending cash: once it’s gone, you can’t trace it or get it back.

Never deposit a “winnings” check and wire money back, either. The check is a fake, no matter how good it looks, and you will owe the bank any money you withdraw.

And don’t share your account information, or send a check or money order using an overnight delivery or courier service. Con artists recommend these services so they can get your money before you realize you’ve been cheated.

 

  • DON’T PAY FOR A PRIZE

 

If you enter and win a legitimate sweepstakes, you don’t have to pay insurance, taxes, or shipping charges to collect your prize. If you have to pay, it’s not a prize. And companies, including Lloyd’s of London, don’t insure delivery of sweepstakes winnings.

If you didn’t enter a sweepstakes or lottery, then you can’t have won.

Remember that it’s illegal to play a foreign lottery through the mail or over the phone.

 

  • DON’T GIVE THE CALLER FINANCIALOR OTHER PERSONAL INFORMATION\

 

Never give out or confirm financial or other sensitive information, including your bank account, credit card, or Social Security number, unless you know who you're dealing with. Scam artists, like fake debt collectors, can use your information to commit identity theft — charging your existing credit cards, opening new credit card, checking, or savings accounts, writing fraudulent checks, or taking out loans in your name.

If you get a call about a debt that may be legitimate — but you think the collector may not be — contact the company you owe money to about the calls.

 

  • DON’T TRUST A NAME OR NUMBER

 

Con artists use official-sounding names to make you trust them. It’s illegal for any promoter to lie about an affiliation with — or an endorsement by — a government agency or any other well-known organization. No matter how convincing their story — or their stationery — they're lying.

No legitimate government official will ask you to send money to collect a prize, and they won’t call to collect your debt.

To make their call seem legitimate, scammers also use Internet technology to disguise their area code. So even though it may look like they’re calling from Washington, DC, they could be calling from anywhere in the world.

 

  • PUT YOUR NUMBER ON THE NATIONAL DO NOT CALL REGISTRY

 

Ok, so this won’t stop scammers from calling. But it should make you skeptical of calls you get from out of the blue. 

Most legitimate sales people generally honor the Do Not Call list. Scammers ignore it. Putting your number on the list helps to “screen” your calls for legitimacy and reduce the number of legitimate telemarketing calls you get. Register your phone number at donotcall.gov.

More information about government imposter scams may be found online at FTC.gov.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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

http://www.RelevantPR.com

Mobile: 917-715-8761

 

 

Victory State Bank Shines Light on New York City’s

Free Business Guidance

 

Staten Island’s only community-based commercial bank points to education opportunities

 

STATEN ISLAND, N.Y. -- If you’ve got a business idea without a business plan, or you’re in need of a new strategy for your business, Victory State Bank suggests you learn about NYC Business Solutions.

The program, a resource of the New York City Mayor’s office, can help you – for free.

NYC Business Solutions provides free business courses and workshops in all five boroughs.

You can learn how to develop your business plan and receive guidance on the right strategy for your business.

You can take a course on computer-based bookkeeping, how to master marketing, what it takes to get certified to sell to the government, how to navigate the government, and much more.

For additional information, log onto: http://www.nyc.gov/html/sbs/nycbiz/html/about/about.shtml.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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

http://www.RelevantPR.com

Mobile: 917-715-8761

 

 

 

How To Avoid Being A Victim of Utility

Bill Collection Fraud (Part 2)

 

Staten Island’s only community-based commercial bank highlights warning signs of bill collection fraud

  

STATEN ISLAND, N.Y. – If you are contacted about owing money on a utility bill, Victory State Bank suggests you to follow the advice of the Federal Trade Commission:Make sure you’re dealing with your utility company before you pay any amount!

Some scam artists are skilled at pretending to represent legitimate utility companies. If you are contacted by someone saying they represent a utility, the FTC urges you to call the company using a number you’ve looked up, or go to their Website to determine the status of your account.

Confirm where and how to pay your bill. Don’t give out your account information on the phone unless you place or expect the call.

To avoid be a victim of a utility bill collection scam, the FTC advises that you:

 

    • Never wire money to someone you don’t know — regardless of the situation. Once you wire money, you cannot get it back.
    • Do not click links or call numbers that appear in unexpected emails or texts — especially those asking for your account information.

 

 If you click on a link, your computer could become infected with malware, including viruses that can steal your information and ruin your computer.

In addition, if you are falling behind on your utility bill, contact the utility company and see if they can work with you to come up with a payment plan and a way to keep your service on. 

If you think a fake utility bill collector or any other scammer has contacted youfile a complaint with the FTCand the New York State Department of State (Division of Consumer Protection, Consumer Assistance Unit).

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTC: 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

http://www.RelevantPR.com

Mobile: 917-715-8761