We're committed to keeping you informed so that you can take necessary precautions to secure your accounts and personal information.
We're committed to keeping you informed so that you can take necessary precautions to secure your accounts and personal information.
EASTHAMPTON AND QUINCY, MASSACHUSETTS — SEPTEMBER 27, 2022 — Hometown Financial Group, Inc. (“Hometown”), the multi-bank holding company for bankESB, bankHometown and Abington Bank, and Randolph Bancorp, Inc. (NASDAQ: RNDB) (“Randolph”), the bank holding company for Envision Bank, jointly announced today that all regulatory approvals relating to the acquisition by Hometown of Randolph and Envision Bank have been received.
Scammers are contacting customers, pretending to be their bank’s Fraud department, asking for Online Banking login information and Zelle codes to make fraudulent Zelle payments. They’re also telling customers to “reverse” fraudulent Zelle transactions by making Zelle payments to themselves—which go to the scammer.
From FDIC Consumer News: Protect yourself against imposters. The Federal Deposit Insurance Corporation (FDIC) has received reports of fraudulent communications that have the appearance of being from this agency. Fraudsters know that people trust the FDIC name, so scammers use the FDIC’s name and logo, and even the names of actual employees, in perpetrating fraudulent schemes.
Effective March 17, 2020, The Co-operative Central Bank (CCB) and its Share Insurance Fund (SIF) merged into the Depositors Insurance Fund (DIF). As a result, bankHometown has become a member of the DIF.
Rest assured that your deposits with bankHometown will continue to be insured in full. Each depositor is insured to at least $250,000 by the FDIC. Effective March 17, all deposits above the FDIC limit are insured by the DIF.
The DIF has a long history of protecting deposits. Since 1934, when the DIF was created, no depositor has lost a penny in a member bank.
Start to implement the following best practices so you can avoid or minimize fraud exposure.
