|
PROTECTING YOUR BANK ACCOUNTS
Banking necessitates various methods for
protecting consumers, themselves as well as national security.
There are a wide variety of features to
your relationship with your bank that you probably never even
think about.
StarLoanServices.com will detail the fundamentals of banking
online, how to interpret your monthly banking statements, how
your bank must must meet the terms of the Patriot Act, how you
can keep your own privacy safe, how the FDIC protects consumers,
and what you can to ensure that your bank is in financially
secure. If you have any questions, please
contact us.
Online Banking - More and more business are allowing customers to pay
their bills online. Setting this up with your bank is easy. All
you need to do is register the bills you would like to pay
online with the accounts you want to use for paying them.
Analyzing Statements - Your will receive a monthly account statement
from your bank. This will provide you with a thorough breakdown
of your account activity
for a specific time period. It is very important that you
closely go over your statement to ensure that the bank's record's
correspond with the yours.
Patriot Act Compliance - You can anticipate that your
personal information is going to be requested by banks when
opening new accounts. However, as a result of the terrorist acts
of 9/11,
and banks are allowed to ask questions that may seem quite
intrusive.
Safeguarding Your Money - One of the most prominent symbols in the banking industry is
"Member FDIC." This stand for the Federal Deposit Insurance
Corporation. They insure deposits of nearly every U.S. bank and
loan and savings institutions up to $100,000 per customer
(individual or business) in the event of a bank failure.
Retirement accounts are insured for as much as $250,000.
Is Your Bank Safe? - StarLoanServices.com aim to educate,
hoping to help consumers learn how to manage and keep their finances
in check. However, consumers are not the only ones that need to keep
close tabs of their finances, banks do as well.
Banking Relationships - Sustaining a positive relationship
with your bank is just as vital as selecting the one to do
business with.
|
