STATE BANK OF SOUTHERN UTAH BLOG

Fraudulent secret accounts



Paying Bills with Secret Accounts at the Federal Reserve is Illegal!

Misinformation is circulating on social media platforms falsely claiming that consumers can use certain routing numbers and their Social Security Numbers (SSNs) to pay bills from “secret accounts” at the Federal Reserve, government agencies or some banks. 




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Topics: Cybersecurity, Banking Security, Fraud, Paying Bills


The Equifax Breach



The Equifax Breach

As you may have heard, Equifax, one of the three major credit bureaus in the U.S. announced a data breach potentially impacting 143 million people. The leaked information included personal information such as names, birth dates, social security numbers, addresses, and other identifying information. Reports also indicate that at least 209,000 credit card numbers have been compromised.




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Topics: Cybersecurity, Banking Security, Card Fraud, SecurLock Equip


Teresa Holmes - Consumer Loan Officer



Teresa has worked for State Bank for 17 years and previously worked at Associates Financial for 15 years.  She was born in Gunnison, UT, but considers Cedar City her home because she has lived here since before she started grade school, and graduated from Cedar High School.  Teresa has been married for 39 years and has 3 children and 6 grandchildren.  She loves to read, cook, sew, and mostly spend time with her grandchildren, children, and her husband at their cabins. She loves working for State Bank because of the atmosphere, the people she works with, and the customers she gets to meet and interact with.




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Topics: Loan, Bio, Banking


Stephen Dennett - Construction Loan Officer



Stephen has lived in Cedar City for 30 years.  He is a graduate of Cedar High School, and Southern Utah University.  He has been with his wife for 12 years, who is also from Cedar City. Together they have one child and one more on the way. Stephen has been in banking for 7 years working as a consumer loan officer, an investment adviser, a mortgage loan officer, and an in-house appraiser. In his free time Stephen loves to be outside, doing anything from golfing to camping, he loves to be in the outdoors. His favorite part about State Bank is that he loves working in a family atmosphere where he is creating a noticeable change in the community that he knows and loves.




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Topics: Loan, Bio, Banking


4 Keys to Successful Debt Consolidation



When your personal finances teeter on the brink, your first instinct might be to do something drastic. Freeze your credit cards in a block of ice. Vow to never eat out again. Forgo your Netflix subscription.




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Topics: Credit Card, Budget


About SBSU

Hometown banking was established in southern Utah with the opening of State Bank of Southern Utah in 1957.

Hometown banking is important because people who live and work in southern Utah make the decisions. Bank employees and officers understand the banking needs of area residents because they are affected by the same economic climate. Find out what hundreds already know - hometown banking is better.

Visit us at sbsu.com

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