What You Need to Know to Help Avoid a Business Email Compromise Business Email Compromise (BEC) is a cybercrime scam where an imposter attempts to access critical business information or request payment in order to defraud a company. Cybercriminals send emails that appear as though it is coming from a vendor, trusted business partner, or a trusted source within the company. BEC Examples The following are common… Read More
Celebrating International Women’s Day FirstBank is proud to celebrate International Women’s Day today, March 8th. From the earliest computer programmers to the Women’s Suffrage Movement and beyond, women have long been catalysts for innovation in society and business. As we take time to reflect during Women’s History Month, we also recognize and celebrate today’s female leaders. Women make up… Read More
How to Stop Online Scammers Shopping trends are changing, and a record number of consumers are making their purchases online. As more people turn to tech for their shopping needs, the scammers are quickly following suit. A 2021 TransUnion survey found that digital fraud attempts in the U.S. rose 17.1 percent from the same time the previous year. That means millions of… Read More
What the New $600 IRS Tax Law Means for Zelle Users There have been recent questions and concerns about the American Rescue Plan Act – a new IRS tax law, requiring certain payment networks to report $600 or more in total payments received for goods and services in a calendar year. Our goal is to provide clarity on how this new law may impact individuals and… Read More
Latest Scam Alert: Avoid Puppy Scams Sporting lovable personalities and a willingness to show unconditional love and loyalty, it’s no wonder dogs are a human’s best friend. Unfortunately, fraudsters know this too, and they use a variety of tactics to take advantage of unsuspecting dog lovers looking to purchase a pooch. However, you can avoid scams by following these basic guidelines.… Read More
Última alerta de estafa: Evitar estafas de cachorros Con personalidades adorables y la voluntad de mostrar amor incondicional y lealtad, no es de extrañar que los perros sean el mejor amigo del humano. Desafortunadamente, los estafadores también lo saben, y usan una variedad de tácticas para aprovecharse de los amantes de los perros desprevenidos que buscan comprar un perrito. Sin embargo, puede evitar… Read More
5 New Year’s Money Resolutions and How to Stick to Them A new year means a new set of resolutions to make and, if you’re like 80 percent of folks out there, to eventually break. But that doesn’t have to be the case. With the right tools, knowledge, and a little bit of persistence, 2022 could be the year you spend less and save more. Today, we’ll… Read More
Latest Scam Alert: Avoid Becoming a Victim of Donation Fraud Unfortunately, when disaster strikes, criminals often use tragedies to exploit those who want to help. Donation fraud can happen at any time and has become even easier to commit because of current technology. With the Marshall and Middle Fork fires in Colorado, FirstBank is here to help protect you from scammers who want to take… Read More
FirstBank Surprises Fire Survivor with $1,000 Employees at the FirstBank branch in Frisco recently surprised one longtime customer with $1,000 worth of gift cards and a FirstBank gift bag. The customer, Josh Hooper, was recently involved in a fire that ripped through his home and resulted in multiple injuries. Fortunately, he was able to save himself and his beloved dog, Batman,… Read More
Save Big for the Holidays, and Beyond Savvy Sale Tips to Save Year-Round Every December, like clockwork, consumers are torn between their budgets and sentimentality. The pressure of the holidays and the sense of urgency that the end of the year brings can often lead to impulsive purchases, overspending and credit card debt. This holiday season, consumers are expected to spend an… Read More