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. (AUG. 16, 2011) – 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 .