Security

Cypress Bank is committed to protecting the financial information of both our personal and business customers. Whether you're banking online or in one of our financial centers, you can be assured that we are taking the utmost precautions to ensure that your information is protected and secure.

Beware of Unsolicited Offers

If you receive an unsolicited offer that promises you something in exchange for money or account information, you should not respond unless you are sure the offer is legitimate. Common scenarios include offers that require an upfront fee, requests to wire funds, a notice that you won a lottery/contest, or a person on a social website who asks for money (e.g., travel money to meet you, emergency cash, medical bills, etc.).

Remember, if it sounds too good to be true, it probably is.

Beware: New Social Media Fraud Scheme

In a recent social media scheme (primarily Facebook), users are being enticed into opening new accounts or using their existing First Tennessee accounts in exchange for merchandise or "fast cash." The proposal is typically made via a post with pictures of cash or other items encouraging anyone interested to comment for more information. The accounts are ultimately used to conduct transactions involving the deposit of fraudulent checks and subsequent fraudulent card purchases/ATM withdrawals.

Consumers should be aware that participation in this type of scheme is illegal and that you may be held responsible for purchases or cash withdrawals made from the proceeds of a fraudulent check deposit. Such activity could result in account closure and possible criminal prosecution.

If you have any questions or see any posts like this on Facebook or other social media sites, please contact Cypress Bank at (903) 856-6653.