How to Protect Your Business from Wire Transfer Scams
The FTC reported that between 2000 and 2024, reports of fraud involving businesses nearly tripled and losses grew from $90 million to $501 million. Last year’s AFP® Payments Fraud and Control Survey Report showed that 80% of organizations were victims of payment fraud attacks or attempts in 2023. And, wire transfers were the most vulnerable …
Tax scams- the refund you don’t want to claim
Tax season is nearing its halfway point! As you gather what you need file, be on guard against tax scammers who could try to steal your refund or your personal information! At bankESB, we want to help protect you. Here’s some info on the latest tax scams and how to protect yourself. What is a …
bankESB promotes Salois to Vice President, Lending Systems Manager
bankESB recently promoted Meridith Salois to vice president, lending systems manager based at its 241 Northampton St., Easthampton office. Salois, of Westfield, has nearly 30 years of banking experience. She joined bankESB in 2001 working in loan servicing and collections, and moved on to become a credit analyst, and eventually vice president, commercial credit systems …
bankESB’s Amherst Office Launches “Account for a Cause” to Support Local Organizations
bankESB is proud to introduce Account for a Cause, a new program designed to support local organizations making a difference in the community. Through this initiative, bankESB will donate $50 to one of six local organizations—Amherst Education Foundation, Amherst-Pelham Regional High School, Big Brothers Big Sisters of Hampshire County, Hitchcock Cetner for the Environment, Pioneer …
Fraud Prevention Awareness: Watch Out for Imposter Scams!
What is an imposter scam? When someone pretends to be a representative of a company or organization you trust to get you to send money or provide sensitive personal information, it’s called an imposter scam. Unfortunately, imposter scams come in all shapes and sizes. The more information fraudsters have on you, the more creative they …
bankESB Donates $50,000 to the United Way
bankESB and its employees recently made donations of $50,000 to the United Way of the Franklin and Hampshire Region. Employees pledged over $15,000 of their own funds in the bank’s United Way workplace campaign. Combined with the bank’s dollar-for-dollar match and additional corporate contribution, the campaign total of $50,000 will be donated to the United …
Hometown Financial Group hires new CFO
Hometown Financial Group, a $6.5 billion mutual multibank holding company headquartered in Easthampton and parent company of bankESB, bankHometown, North Shore Bank, Abington Bank, a division of North Shore Bank, and Hometown Mortgage, has hired Reed Whitman as executive vice president, chief financial officer. Whitman, of Boston, joins Hometown Financial from Brookline Bancorp, Inc., where …
Identity Theft Awareness Week: Types and methods of identity theft.
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. What are the different types of identity theft? Unfortunately, identity theft comes in many forms, and fraudsters’ methods are always evolving. Below are some types of identity theft to look out for: Financial …
Identity Theft Awareness Week: What should you do if you’re a victim?
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. According to the FTC, people in their 30s are most likely to become victims of identity theft. However, the elderly are more likely to suffer large monetary losses. That said, Identity theft can …
Identity Theft Awareness Week: How to protect yourself.
Identity Theft Awareness Week is January 27-31. This week, we’re covering all things Identity Theft and offering up ways to protect yourself. The most prevalent type of identity theft is credit card fraud, with nearly 400,000 incidents reported to the FTC in 2023 alone. Identity Theft can happen to anyone, but there are simple steps …