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NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS

All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010 through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules. The term "noninterest-bearing transaction account" includes traditional checking account or demand deposit account on which the insured depository institution pays no interest. It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts. Interest on Lawyers Trust Accounts (IOLTAs) are covered under the temporary coverage provisions. This means that IOLTAs at FDIC-insured institutions will be provided the same deposit insurance coverage as noninterest-bearing transaction accounts beginning 12/31/2010 and ending on 12/31/2012.

For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov

FDIC official teller sign

The Unlawful Internet Gambling Act prohibits any person engaged in the business of betting or wagering (as defined by the Act) from knowing or willingly accepting payments in connection with the participation of another person in unlawful internet gambling. The Department of Treasury and Federal Reserve Board have issued a joint final rule, Regulation GG, to implement this Act. Regulation GG defines unlawful internet gambling to mean “place, receive or otherwise knowingly transmit a bet or wager by any means which involves the use, at least in part, of the internet where such a bet or wager is unlawful under any applicable Federal or State law in the state or tribal lands in which the bet or wager was initiated, received or otherwise made. These restricted transactions are prohibited from being processed through your Grandview Bank account. Please contact us if you would like additional information regarding the Unlawful Internet Gambling Act or Regulation GG.

 

Cookies: Leaving a Trail on the Web

 

Have you ever wondered why some online ads you see are targeted to your tastes and interests, or how websites remember your preferences from visit to visit? The answer may be in the "cookies".

A cookie is information saved by your web browser, the software program you use to visit the web. Cookies can be used by companies that collect, store and share bits of information about your online activities to track your behavior across sites. Cookies also can be used to customize your browsing experience, or to deliver ads targeted to you.

Here are some answers to some commonly asked questions about cookies-what they are, what they do, and how you can control them.

Understanding Cookies

What is a cookie?

A cookie is information that a site saves to your computer using your web browser. A cookie allows sites to record your browsing activities-like what pages and content you've looked at, when you visited, what you searched for, and whether you clicked on an ad. Data collected by cookies can be combined to create a profile of your online activities.

Who places cookies on the web?

First-party cookies are placed by a site when you visit it. They can make your experience on the web more efficient. For example, they help sites remember:

*items in your shopping cart

*your log-in name

*your preferences, like always showing the weather in your home town

*your high game scores

Third-party cookies are placed by someone other than the site you are on. These may include an advertising network or a company that helps deliver the ads you see. They may be used to deliver ads tailored to your interest. For example, if you read an article online about running, a cookie may be used to note your interest in running, and add that to a profile. And you may see coupons to save money on running shoes.

Controlling Cookies

How can I control cookies?

Various browsers have different ways to let you delete cookies or limit the kinds of cookies that can be placed on your computer. When you choose your browser, you may want to consider which suits your privacy preferences best.

To check out the settings in a browser, use the 'Help' tab or look under 'Tools' for settings like 'Options' or 'Privacy'. From there, you may be able to delete cookies, or control when they can be placed. Some browsers allow add-on software tools to block, delete, or control cookies. And security software often includes options to make cookie control easier.

If you disable cookies entirely, you may limit your browsing experience. For example, you may need to enter information repeatedly, or you might not get personalized content or ads that are meaningful to you. However, most browsers' settings  will allow you to block third-party cookies without also disabling first-party cookies.

Keep your browser up-to-date

No matter which browser you use, it's important to keep it updated. An out-of-date browser can leave your computer vulnerable to attack by malware, which could intercept sensitive data like your log-ins, passwords, or financial information. Most browsers update automatically, or prompt you to update to the latest version.

What are "opt-out" cookies?

Some websites and advertising networks have cookies that tell them not to use information about what sites you visit to target ads to you.

There are a couple of ways to opt out of certain types of data collection or certain kinds of targeted advertising:

*You can download software-an "add-on" to your browser- that controls whether and how cookies-including opt-out cookies-are stored or deleted. You can find add-ons on sites sponsored by the browser. Look through the settings or "Help" function. Browser companies review most add-ons for security and functionality before making them available for download, but as with any software, don't download an add-on unless you have checked it out and trust the source.

*Programs from online advertising industry, including The Network Advertising Initiative and the Digital Advertising Alliance, offers tools for opting out of targeted advertising-often by placing opt-out cookies-offered by their members. You also can opt out by visiting advertising networks and advertiser websites one by one.

Deleting all your cookies will erase any opt-out cookies you've downloaded. To restore opt-out cookies, you will have to go through the opt-out procedure again.

Cookies are used for many purposes- for example, to limit the number of times you're shown a particular ad. So even if you opt out of targeted advertising, a company may still use cookies for other purposes.

"Private Browsing"

What's "private browsing"?

Many browsers offer private browsing setting that are meant to let you keep your web activities hidden from other people who use the same computer. With private browsing turned on, your browser won't retain cookies, your browsing history, search records, or the files you downloaded. Privacy modes aren't uniform, though; it's a good idea to check your browser to see what types of data it stores. Although it won't keep cookies after the private browsing session ends, cookies used during the private browsing session can communicate information about your browsing behavior to third parties.

Flash Cookies

What are Flash cookies?

A flash cookie is a small file stored on your computer by a website that uses Adobe's Flash player technology. Flash cookies use Adobe's Flash player to store information about your online browsing activities. Flash cookies can be used to replace cookies used to replace cookies used for tracking and advertising, because they also can store your settings and preferences. When you delete or clear cookies from your browser, you won't necessarily delete the Flash cookies stored on your computer.

Can I control Flash cookies?

The latest versions of Google Chrome, Mozilla Firefox, and Microsoft Internet Explorer let you control or delete Flash cookies through the browser's settings. If you use an older version of one of these browsers, upgrade to the most recent version, and set it to update automatically.

If you use a browser that doesn't support deleting Flash cookies, look at Adobe's Website Storage Settings panel. There, you can view and delete Flash cookies, and control whether you'll allow them on your computer.

Like regular cookies, deleting Flash cookies gets rid of the ones on your computer at that moment. Flash cookies can be placed on your computer the next time you visit a website or view an ad unless you block Flash cookies altogether.

New Technologies

Are there other tracking technologies I should know about?

New technologies are constantly emerging, and some can be used to track your online activities even if you control regular cookies. These are generally referred to as "supercookies". If companies offer you an opt out, they need to respect your preference, whether they use supercookies or regular cookies.

What is " Do Not Track"?

Do not track is a tool that allows you to express your preference not to be tracked across the web. Turning on Do Not Track through your web browser sends a signal to every website you visit that you don't want to be tracked. Companies then know your preference. If they have committed to respect your preference, they are legally required to do so. Some browsers already support Do Not Track. If you want to use Do Not Track, check to see if the browser you use offers it- or use a browser that does.

 

 
Helpful Hints to Avoid Debit Card Fraud

 

In order to protect yourself against debit card fraud, here are a few helpful reminders regarding fraud trends.

* Hotels are the "hot" target for debit card fraud. Hackers have successfully hacked into several of the major hotel chains' data bases. Hundreds of debit card fraud cases have been linked back to common point of purchase at the major hotel chains. The fraudsters capture the info from the data base and create fake cards that are sold all over the world.

* Free trial offer, just pay shipping and handling"- There are thousands of these offers online and 99% of them are bogus. The two most popular offers seen are for Acai berry diet drugs and Dazzling White Teeth Whitener. They both offer 30 day trial and money back guarantee.

* Job Offers- Fraudsters are capitalizing on the economic times and natural disasters. Fraud analyst have seen an increase in online/email offers for mystery shoppers, gulf oil spill clean up workers, disaster relief workers, etc. The job offers require that you send money for a list of merchants needing shoppers or government contracting agencies, etc. The general rule is that if the "job offer" requires you to send money first, it's a scam.

* Stranded friend- Emails or texts from a friend that has ended up in trouble while traveling. Fraudsters get personal and contact information from social networking sites and use it to blast out emails and texts appearing to be from your friend stating that they need your help, send money fast.

* Phishing- eBay, PayPal, Amazon, FaceBook are currently the most popular targets for phishing scams. The Phishing email request you to download a form or follow a link to verify your account information.

IN ORDER TO PROTECT AGAINST FRAUD

* Keep all of your contact information at the bank current, phone numbers, addresses and email.

* Know who you are providing personal information to. Do not provide it in a response to unsolicited emails, texts or phone calls. Grandview Bank will never send emails requesting customer information.

* Do not share your online banking user ids or passwords with anyone- not even family.

* Review your account activity regularly using your monthly statements or online banking. Notify the bank immediately if you discover a problem.

 

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