At NexTier Bank, we are committed to keeping our customers’ financial and personal information safe.
Our Fraud Center was established in early 2023 as a way to keep our customers informed of current fraudulent scams, a source of information to help them recognize fraudulent activity, and to ensure resources are available if someone falls victim to fraud.
In 2023, the Federal Trade Commission reported 2.6 million fraud claims with $10 billion reported lost to scammers — a reported $1.0 billion increase from 2022.
The top frauds reported were online shopping and negative reviews, imposter scams, investment scams, fraudulent business and job opportunities, and prizes, sweepstakes, and lotteries.
As financial losses to scammers have soared, the top payment methods and losses come from individuals utilizing bank transfers or payments ($1.8 billion), cryptocurrency ($1.4 billion), and wire transfers ($343.7 million).
NexTier Bank has an on-going commitment to our customers and members of the communities we serve to provide up-to-date resources through our Fraud Center in order to allow potential scams to be identified, help provide important information if a customer falls victim to fraud, and to let them know we are here if the need arises.
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At NexTier Bank, protecting our customers' assets is our top priority, achieved through cutting-edge security, vigilant monitoring, and a steadfast commitment to their financial safety.