Practical steps you can take today to secure your accounts, spot scams, and protect your personal information.
Simple Tips to Protect Your Money with Midwest Bank
Unfortunately, fraud and identity theft are becoming more common, but there are simple steps you can take to protect your accounts and personal information. At Midwest Bank, keeping your money secure is our top priority — and we’re here to help you stay one step ahead of scammers.
Here’s what you need to know to keep your bank accounts safe.
1. Use Strong, Unique Passwords
It may seem basic, but your password is your first line of defense. Make sure you:
- Use a unique password for your online banking account that you don’t use anywhere else
- Include a combination of letters, numbers, and special characters
- Avoid easily guessed information like your name, birthday, or pet’s name
- Change your passwords regularly
Consider using a reputable password manager to help you keep track of your logins securely.
2. Turn On Account Alerts
Most banks, including Midwest Bank, offer real-time account alerts to notify you of suspicious activity. You can:
- Get text or email alerts for large transactions
- Be notified of low balances or login attempts
- Quickly spot unauthorized activity
Setting up alerts through our online banking tools gives you peace of mind and quick access to information about your accounts.
3. Watch Out for Phishing Scams
Phishing scams are fake emails, texts, or calls that try to trick you into providing your personal information.
Red flags include:
- Messages that create a sense of urgency
- Unfamiliar links or attachments
- Requests for your account number, password, or Social Security number
Remember: Midwest Bank will never ask for sensitive information through email or text. If you’re unsure about a message, contact us directly before taking action.
4. Protect Your Devices
Your phone, tablet, or computer holds valuable information. Keep it secure by:
- Using antivirus software
- Keeping your apps and operating systems updated
- Enabling fingerprint or face recognition when available
- Only downloading apps from trusted sources
5. Monitor Your Accounts Regularly
The sooner you spot suspicious activity, the sooner you can stop it. Log in to your accounts often to review transactions and balances. If you notice anything unusual, report it immediately.
With Midwest Bank’s easy-to-use mobile banking app, you can check your accounts anytime, anywhere.
6. Be Careful with Public Wi-Fi
Public Wi-Fi networks can be convenient, but they’re often not secure. Avoid accessing your bank accounts or entering personal information when connected to public Wi-Fi. Use a secure network or your phone’s mobile data instead.
We Take Your Security Seriously
At Midwest Bank, we use industry-leading security measures, including:
- Encrypted online banking platforms
- Multi-factor authentication
- Fraud detection and monitoring
But security is a team effort — following these simple steps can help keep your accounts safe.
Need Help or Have Concerns?
If you suspect fraud or notice unusual activity on your accounts, contact Midwest Bank immediately. We’re here to help protect your money and your peace of mind.