Fraud Doesn't Take a Summer Vacation

Running a business comes with enough daily responsibilities without having to worry about fraud.

Unfortunately, check fraud and unauthorized transactions impact businesses of all sizes, including right here in our local communities. As fraud tactics become more sophisticated, business owners are looking for simple, reliable ways to help protect their accounts and finances.

One tool that can make a difference? Positive Pay.

What is Positive Pay?

Positive Pay is a fraud protection service designed to help businesses catch suspicious check activity before money leaves their account.

How it works:

  1. Your business issues checks as normal
  2. You provide the bank with details like payee names, check numbers, and amounts
  3. When checks are presented for payment, the system compares them to your records
  4. If something doesn’t match, it’s flagged for your review

Positive Pay helps businesses spot potentially fraudulent checks before they clear.

Why Businesses are Using it

Check fraud has become increasingly common in recent years. Scammers may attempt to alter check amounts, payees, or create counterfeit checks. Even one fraudulent transaction can create unnecessary stress, delays, and financial loss for a business.

Positive Pay adds another layer of security and gives business owners greater peace of mind knowing their accounts are being monitored more closely.

Small Steps Make a Big Impact

Along with tools like Positive Pay, businesses can strengthen their cybersecurity by:

  • Reviewing account activity regularly
  • Setting up account alerts through Online or Mobile Banking
  • Responding quickly to suspicious activity alerts
  • Updating passwords regularly

We’re Here to Help

As a community bank, we know local businesses are the backbone of our communities and we’re committed to providing the tools and support they need to succeed. Our Treasury Management team will work with you to keep your finances secure so your business can stay thriving.