Announcements
October 1, 2011
SPECIAL SECURITY ALERT: ACH PAYMENT EMAIL SCAM
If you have received an e-mail about your ACH payment claiming to be from FDIC/NACHA, do not click on any links or open any attachments as there may be viruses attached.
Please notify CSB at 800.901.8075 as you might be receiving notifications from a phishing scam. See also: http://www.fdic.gov/news/news/SpecialAlert/2011/sa11021.html
February 1, 2011
SPECIAL SECURITY ALERT: DEBIT CARD FRAUD MONITORING
Community & Southern Bank has added a new fraud monitoring service to our debit card program. This system will monitor transactions on customers’ cards 24 hours a day, seven days a week. This added layer of fraud protection is the latest effort to protect our card base from debit card fraud.
You may receive a call from the fraud monitoring center. Always use caution when sharing your personal information over the phone. The fraud center will not ask for more than the last four digits of your card number and Social Security number. If you are not sure if the call is valid, do not share your personal information. If you do not wish to respond to the fraud center call, your card will be deactivated until the transactions in question can be verified. You may call the bank to verify transactions during regular banking hours at 800.901.8075.
January 1, 2011
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR NONINTEREST-BEARING TRANSACTION ACCOUNTS
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to and separate from, the coverage of at least $250,000.00 available to depositors under the FDIC’s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts or money market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
For more information about FDIC insurance coverage of transaction accounts, visit http://www.fdic.gov/deposit/deposits/index.html.




