The Exchange Bank of Alabama

This week’s #FraudFriday is all about Check Cooking & Baking scams, especially since we’ve noticed some recent fraudulent checks. You might be familiar with Check Washing, where ink is altered or removed from a check, but scammers have upped their game with Check Cooking or Baking! It’s a more profitable and efficient method that lets them create lots of checks at once. As these tricks get sneakier, it’s super important for us to stay informed about what to watch out for. Let’s dive into how check fraud has changed with technology! Follow the link to our website to learn more on this scam: https://lnkd.in/dDjz8zn9

It's #FraudFriday! Did you know that nearly 1 in 3 Americans have been scammed in the past year, with victims losing an average of $1,600.00? It's concerning to see more young folks falling for scams, likely due to how tech-savvy these scams have become. Looking at the numbers by generation, 38% of Baby Boomers, 32% of Gen X, 26% of Millennials, and 37% of Gen Z have reported being scammed in the last year. Follow the link to learn more about the top scams reported by the Federal Trade Commission: https://lnkd.in/eNa98zDh

Last week, Exchange Bank had the privilege of being named a Small Business of the Year winner by the Etowah Chamber! At EXB, it is our great honor to be able to serve all those in our community every day. We have proudly served our community for 115 years and look forward to serving you for many more years to come. https://ow.ly/5aR550TaOS0 Exchange Direct Line: 256-547-2572 Exchange Info Line: 256-570-0999 #exbaal #exchangebank #strength #growth #vision ? ? ? ? #banking #bank #alabamabanking #investmentbanking #onlinebanking #personalbanking #businessbanking #altoona #attalla #gadsden #noccalula #rainbowcity #alabama #mobilebanking #bankingandfinance #money #finance #communitybank #coincounter #financialdecisions #deposit #credit #financialhelp #banker

In honor of Halloween, today it is time for #SpookyFraudFriday! Don’t let scammers spoil your Halloween fun, look out for fake costume sites, delivery failure notices, and customs clearance text scams that are sure to give you a fright ????????. Learn more about these spooky scams on our website: https://lnkd.in/exHYdiNV

On Friday, our very own Harrison Martin graduated from the Alabama Banking School in Montgomery! We are very proud and want to congratulate Harrison on this amazing milestone and accomplishment! https://ow.ly/9qSf50TTM2A Regular Hours: 256-547-2572 Exchange Info Line: 256-570-0999 #exbaal #exchangebank #strength #growth #vision ? ? ? ? #banking #bank #alabamabanking #investmentbanking #onlinebanking #personalbanking #businessbanking #altoona #attalla #gadsden #noccalula #rainbowcity #alabama #mobilebanking #bankingandfinance #money #finance #communitybank #coincounter #financialdecisions #deposit #credit #financialhelp #banker #checks

It's #FraudFriday! With hurricane Helene and Milton behind us and the Holidays coming up, it is time again for charities to begin seeking out annual donations. But how do you know which ones are the real deal? Want to make sure your money goes where you think it does? Check out our website to learn about charity scams and find the right charity for your donations! Read more by clicking here: https://lnkd.in/eWC8F25Q

On Saturday, we had the pleasure of sponsoring and attending Attalla Heritage Day! This local festival, hosted annually by the City of Attalla, is a wonderful event for the community to get out and see historic Downtown Attalla and visit with many of the local businesses that call Etowah County home!

It's #FraudFriday! This week let’s dive into a new scam called Quishing. Most QR codes are safe, but some fraudsters are using them to scam you. Quishing is the same as phishing; it tricks you into visiting sketchy websites or downloading harmful material to your device. Did you know Quishing attacks have jumped from just 0.8% of all cyberattacks in 2021 to almost 11% in the first half of 2024? Let’s learn together how to stay safe and avoid becoming a victim! Check out more on our website: https://exba.com/quishing/

Last week, we had the pleasure of presenting a segment at the 4th edition of the Cusimano, Roberts, Mills & Knowlton fraud series, "They Be Scammin'". Our fraud specialist, Tara Montgomery (Pictured) and our commercial services coordinator, Andrea Roberg presented on the various different fraud schemes that are taking place in our world today that are targeting individuals and small businesses. To watch the full presentation and hear from the other speakers, visit the Cusimano, Roberts, Mills & Knowlton, LLC Facebook page! To read more about this event visit the link to our website: https://lnkd.in/exvXpUze

It's #FraudFriday! Today, we're going to explore Brushing Scams. Have you ever received a random package that you didn’t order? It can be a surprise, and the packaging may be slightly unusual, but often it’s part of a larger brushing scam. Let’s talk about how this works and what you can do if you find yourself with one of these unexpected deliveries. Check it out here: https://lnkd.in/g8MhPJHZ