Dear Neighbors,  
I hope you're settling into summer now that the kids are out of school, warmer temperatures have arrived, community pools are open, and families set out on adventures around our nation.

While it may be vacation season, our alert is always high at Four Corners Community Bank. Rest assured, we vigilantly work to keep your accounts safe and protect you from fraud, to give you peace of mind.

Be sure to read the tips below on card cracking, fraudsters latest attempt to outsmart consumers and banks alike. Enjoy your summer, stay safe, and we hope to see you soon at a branch nearest you.                                                                                                     Sincerely,
                                                   Sheila Mathews | President and CEO 
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FCCB Birthday Celebration: 15 Years FOUR You

Taco Bell Franchisee, Marilyn Anderson and Director of Operations, Kenny Anderson have been FCCB business customers since the bank opened in 2000. They opened the third Farmington Taco Bell in May.  
Read their story here.
Customer Corner
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Lost your card? 
Our mobile banking app allows you to suspend your card, and reactive it when you find it. Learn more about our mobile banking app here. 

Holiday: 

All FCCB locations will be open Friday, July 3. Our 20th Street branch in Farmington, and our 343 East Main Street branch in Cortez will be closed on Saturday,  July 4.
Cortez customers: 
Our Cortez PO box has been discontinued. Please discard any prepaid envelopes with this address. Instead use:  77 West Main Street, Cortez, CO, 81321. 
Customer Insight: Card Cracking 
Card cracking is responding to an online solicitation for "easy money" and providing a debit card for withdrawal of fake check deposits. Criminals use social media to solicit consumers, often targeting people between the ages of 19 and 25, college students, newly-enlisted military, and single parents. Customers who respond to these solicitations (now accomplices) provide a debit card, PIN, and online credentials to give the criminal direct access to their account.

The fraudster deposits worthless checks using mobile deposit and immediately withdraws the funds at an ATM. The customer then calls to report a stolen card or compromised credentials. The bank reimburses the customer for funds lost, and the criminal provides the customer with a cut of the money withdrawn using worthless checks. Both parties face a variety of consequences, including the loss of an account, the loss of money, damaged credit, and possible jail time. To help consumers avoid involvement, the American Bankers Association offers the following tips:
  • Do not respond to online solicitations for "easy money." Card cracking advertisements will suggest that this is a quick, safe way to earn extra cash. Easy money is rarely legal money.
  • Never share your account and PIN number. Keep this information private at all times. By sharing it with others, you expose yourself to potential fraud.
  • Do not file false fraud claims with your bank. By filing a false claim, you are a co-conspirator to fraud. Banks' detection techniques for card cracking are constantly improving and suspicious claims will be investigated. 
  • Report suspicious posts linked with scams. If you notice postings that appear to be linked with a possible scam, report them to the social media site.
  Source: American Bankers Association
Product Feature: Cash Management
checkbook-pen.jpg Cash management gives business owners the ability to save time and money. Perform banking transactions including ACH debits and credits, wire transfers, view account transactions, make transfers, and more. Advanced online banking features enable managers to control their account balances and transaction activity with ease and flexibility.
Click here for more information.
 
Four Corners Community Bank
500 West Main Street, Suite 101 | Farmington, NM 87401
NM: 505.327.3222 | CO: 970.565.8421 | Toll free: 1.855.547.3222


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