The U.S. financial system did not always have the stability people expect today. In fact, repeated financial crises and a lack of coordination in banking led directly to the creation of the Federal Reserve. This article is based on historical insights from a trusted industry publication and highlights how past instability shaped modern banking. […]
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Summer is here and so are travel scams! If you are making vacation plans, you might be looking for a deal. Remember, while you look for bargains, threat actors are looking for ways to reach you and take your money. Travel scams can come up when you are searching online for hotels and flights. Scammers […]
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Have you received a call with someone claiming you missed jury duty and need to pay? Did you receive a text or email following the call that contained official-looking documents saying there’s a warrant out for your arrest? These can sound alarming, but they are not true. This is a scam designed to steal your […]
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Fraud Awareness Event in Pinckneyville Murphy-Wall State Bank and Trust Company is hosting a completely free Fraud Awareness event for our community. About 80 percent of Americans believe they can spot a scam, yet more than 12.5 billion dollars is lost to fraud each year. The reality is that fraud is constantly changing, and even […]
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It’s party season! “You’re invited” texts and emails are going around that are actually phishing scams. You may be asked for your email login credentials or a special pass code to open these fake invitations. Don’t fall for these phishing scams. Don’t enter your credentials or special pass code. Learn how these scams work and […]
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Celebrate America’s 250th with Murphy-Wall Murphy-Wall State Bank & Trust Company is proud to celebrate America’s 250th anniversary with a special summer giveaway. Throughout the month of June, we’re inviting our communities to join in the celebration by entering for a chance to win weekly prizes. This promotion is designed to bring something fun and […]
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Scammers are increasingly targeting older adults by pretending to help them protect their money. According to the Federal Trade Commission, a growing number of fraud reports show that criminals are using fake security alerts and false emergency warnings to steal retirees’ life savings. These scams often involve impersonators claiming to be from trusted banks, well‑known […]
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If you are enrolled in a rewards, loyalty, or points program, you may receive texts claiming your points are about to expire. Messages like these are designed to grab your attention quickly and prompt immediate action. According to reports filed with the Federal Trade Commission, many of these texts are phishing scams and are not […]
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Finding the right rental can already be stressful, especially in a competitive housing market. Unfortunately, scammers are making it even harder by targeting people searching for apartments and homes online. According to new data from the Federal Trade Commission (FTC), rental scams have resulted in about $65 million in reported losses since 2020, and the […]
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Financial scams are becoming more sophisticated, more frequent, and closer to home. From phishing emails and fraudulent phone calls to payment scams and identity theft, fraudsters are constantly finding new ways to target individuals, families, and businesses. These threats don’t just exist online or in far‑off places, they are impacting communities like ours every day. […]
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