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


Finance and Kids



In many instances when a child turns 18 and leaves home to go to college they realize that they don't know much about finances. They don't learn about finances in school so it mostly falls to the parents to teach them the importance of managing their money. Luckily, parents can start early when the child is young. How early can you start teaching your child? There really is no specific age however, the opportunity to teach about money




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Topics: Checking, Banking, Online Banking, Debit Cards, Kids, Finances, Money Management, Credit Cards, Paying Bills, Education, Savings


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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