Keep Extra Expenses in Mind When Traveling

 

If frigid temperatures are making you think of escaping to a place with sandy beaches, warm sunshine and palm trees, Victory State Bank advises to keep a budget in mind.

When traveling, there extra costs that vacationers may neglect to include when planning their travel expenses.

To help you prepare for your next trip, Staten Island’s only community-based business bank is sharing these tips from the U.S. General Services Administration’s “Consumer Action Handbook”:

AIR TRAVEL

§  Seat selection: You may pay a fee for the privilege of choosing your seat when you book your flight.

§  Baggage: Airlines may charge for checked and carry-on baggage.

§  Rewards tickets:  If the actual flight is with a partner airline, rather than the airline you earn points with, you may have to pay a fee.

        CAR RENTAL

§  Surcharges: Beware of other costs, such as energy surcharges, concession fees, and facility fees.

§  Building projects fees: Car rentals can include a fee to pay for airport improvements or the city’s building projects.

        HOTELS AND LODGING

§  Resort fees: Fees for fitness centers, golf courses, and other amenities, whether or not you use them.

§  Mini-bar: Restocking fees to replace items you purchased.

§  Wi-Fi. Your hotel may charge to use their Wi-Fi network.

Contact airlines, car rental companies, and hotels to get an explanation of fee policies before you book your travel. Contact them after your trip if you see charges you don’t understand on your receipt or credit card statement.

 

 

ABOUT VICTORY STATE BANK

VSB Bancorp, Inc. (OTCQX: 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, including the main office in the community of Great Kills and branches in West Brighton, St. George, Dongan Hills and Rosebank.

A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals.

For additional information, Victory State Bank may be reached at 718-979-1100, or visited online at 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.

 

 

 

 

How to Protect Yourself from Banking Scams

 

Victory State Bank is urging business owners and consumers to remain on the lookout for thieves posing as bankers or banks. Such scammers try to steal personal information and funds.

As a fraud-fighting tool, Staten Island’s only community-based commercial bank is sharing the following list from the U.S. General Services Administration’s “Consumer Action Handbook,” which highlights three common signs of banking scams:

 

  1)      Scammers create fake versions of your mobile banking app, to gain access to your account.

 

2)      Text messages that claim to be from your bank that require you to verify your bank account number or PIN.

 

3)      Requests for you to deposit a check into your account, as part of a fake lottery or sweepstakes.

 

    Take steps to protect yourself

§  Download the bank’s app directly from a link on their website to be sure it’s the real version.

§  Don’t reply to requests, by email or phone, to verify your bank account.  

§  Don’t deposit checks from people you don’t know.

 

     For more information or to file a complaint, contact:

§  Your bank or credit union’s fraud department

§  The Federal Trade Commission.

 

 

 

VSB Bancorp, Inc. (OTCQX: 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. A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at 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.

 

 

 

 

10 Ways to be Safe When Online Shopping

 

With the holiday shopping season attracting eager buyers to the Internet, Victory State Bank is urging consumers to keep their online privacy in mind at all times.

To help protect against inherent dangers such as fraud and identity theft when shopping online, Staten Island’s only community-based commercial bank advises shoppers to follow these tips from the New York State Department of State’s Division of Consumer Protection:

 

 

             1)      Only buy from a trustworthy and reputable seller. If a website looks unprofessional, don’t buy from it.

 

 

2)      Request a catalogue or brochure from a company you are unfamiliar with before you shop from its website.

 

3)      Understand the product you are buying and the terms of the sale. Double-check price and quantity, and comparison-shop on other websites. If a deal seems too good to be true, it probably is.

 

4)      Before buying online, research promotional codes (online discounts) offered by retailers which can provide significant savings on your purchases. Many times, you can secure free shipping or save as much as 30 percent off your total purchase.

 

5)      Designate one credit card for online shopping, as this will allow for an easy review of purchases and provide protection in case of a dispute. Don’t use a debit card.

 

6)      Assure that your credit card information stays safe by checking that the website uses encryption. Before entering credit card information, make sure that the website’s address begins with “https” and that there is a closed lock or unbroken key symbol in the lower portion of your window.

 

7)      Provide your credit card number each time you make a purchase. Don’t agree to the seller keeping it on file for future purchases.

 

8)      Read and understand the site’s privacy policy and practices, as online shopping means that the seller will be collecting your personal information. Make sure you know how the seller intends to use and possibly retain your information.

 

9)      Print out order forms, order numbers, purchase confirmation and policies – keep a record of your transaction.

 

           10)   Make sure you keep your computer’s operating system up-to-date by regularly downloading the latest security patches.

                  Use other security precautions, such as anti-virus and anti-spyware programs, and install a firewall.

 

 

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQX: 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. A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at 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.

 

 

 

 

How to Avoid Bogus Shopping Apps

 

Retail store apps are growing in popularity –  but be extremely cautious as you use them during the busy holiday shopping season and all other times, advises Victory State Bank.

As mentioned in the U.S. General Services Administration’s “Consumer Action Handbook,” scammers create impostor, or fake, apps of your favorite retailers.

The handbook explains that fake apps can install malware on your smartphone. They could also steal the payment information you saved in the app or login credentials for other apps.

 

KNOW THE DANGER SIGNS OF A FAKE APP

To assist you in using store apps safely, Victory State Bank, Staten Island’s only community-based business bank, strongly suggests you heed the following advice from the “Consumer Action Handbook”:

 

  Beware if a shopping app has:

§  No history of previous versions.

§  A description with incorrect spelling and grammar.

§  Very few or only negative user reviews in the app store.

Be extra cautious:

§  Download a retailer’s app directly from their website.

§  If you suspect that an app is a fake, delete and report it to the app store.

Visit www.consumer.ftc.gov/articles/0515-apps-help-you-shop-stores  for more information about apps.

 

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQX: 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. A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at 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.

 

 

 

 

3 Notable Spending Days Closely Follow Black Friday

 

Any time you are spending money in places you are unfamiliar with, it’s wise to be cautious. In Victory State Bank’s previous blog, we highlighted “3 Things to Keep in Mind When Shopping on Black Friday.” Today, we are placing a spotlight on three popular spending days that follow on the heels of Black Friday: Small Business Saturday (Nov. 25), Cyber Monday (Nov. 27) and Giving Tuesday (Nov. 28).

Each of these days offer convenience while embracing the excitement of the holidays, but consumers should know who they are dealing with before spending money, advises Staten Island’s only community-based commercial bank.

To help consumers have a holiday shopping experience that doesn’t include regret, and possibly avoid fraud, Victory State Bank is sharing the following tips from USA.gov:

 

BEFORE YOU SHOP ON SMALL BUSINESS SATURDAY:  

§  Verify the accepted methods of payment – Most small businesses accept major branded credit cards and even some payment apps. However, some may only accept cash.

 

§  Read return policies – Small businesses may not allow you to return products or have stricter rules for exchanging items you have purchased.

 

§  Is the location permanent? – Some sellers open pop-up shops in temporarily in spaces during the holiday season. Find how to contact the store after the pop-up shop closes, in case you need to return an item or dispute a purchase.

 

WHEN SHOPPING ONLINE DURING CYBER MONDAY (AND ALWAYS):

Beware of ads on search engines or social media – Scammers advertise popular items at deep discounts, but fail to deliver and steal your payment information.

§  Use legitimate apps – Download retailer’s apps directly from their website to be sure you have the real one. Scammers can create imposter apps to steal your payment information.  

 

§  Choose credit over debit – Protect your right to dispute a charge by paying with a credit card.

 

§  Secure your Internet connection – Avoid using public Wi-Fi networks when shopping online. Check the URLs (especially on the submit payment screen).

 

ON GIVING TUESDAY, TAKE THESE STEPS TO MAKE SURE YOUR DONATIONS GO TO A REPUTABLE CHARITY:

§  Research – Be sure that you are giving to a legitimate charity and not scammer with a similar name or web address.

 

§  Verify tax-deductible statusThe IRS the maintains a database of 501(c)3 organizations. You can write off donations to these organizations on you.

 

§  Be wary of high pressure tactics – Don’t give in to high pressure sales tactics or demands to act now. You have a right to think about the money you give, even for charity.

 

 

About Victory State Bank

VSB Bancorp, Inc. (OTCQX: 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. A planned sixth branch, to be situated in Meiers Corners, has received both regulatory and building department approvals. For additional information, Victory State Bank may be reached at 718-979-1100 or visited online at 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.