Important Fraud Alert – Consumer Financial Protection Bureau (CFPB) Scam

We have recently become aware of a scam involving individuals falsely claiming to represent the Consumer Financial Protection Bureau (CFPB). In these scams, consumers are contacted by phone, email, text message, or mail and are instructed to send money, provide personal information, or pay fees to resolve a supposed issue.

Please remember:

  • The CFPB does not request payments, fees, or money transfers from consumers.
  • Never provide account numbers, online banking credentials, debit card information, or Social Security numbers to unsolicited callers or messages.
  • Be cautious of urgent demands, threats, or requests to act immediately.
  • Do not click on links or open attachments from unknown sources.
  • Verify any communication by contacting the organization directly using information obtained from an official website or trusted source.

If you receive a suspicious message claiming to be from the CFPB:

  1. Do not respond or send money.
  2. Do not provide any personal or financial information.
  3. Report the incident to your financial institution and appropriate authorities.
  4. Notify management if you believe a customer may have been targeted.

 Please remain vigilant and report any suspected fraud attempts immediately.

 

     

Savings & Money Market

Achieving your dreams means hard-work, dedication and saving. It’s our goal to help you get there. At Bristol Morgan Bank, we have savings accounts designed to fit your saving goals. We don’t stop there; our staff is trained to help you identify the account that will help you get there faster.

View our full consumer deposit product offering in a side by side comparison.
Terms and conditions outlined in the attachment.

Consumer Savings Account

Our Consumer Savings Account is eligible for quarterly interest, if maintaining a daily minimum balance of $100. Open a savings account with only $10 to get started today!

Consumer Money Market

Bristol Morgan Bank’s Consumer Money Market earns higher interest than a savings account and, unlike a CD, it allows you the freedom to access your money whenever you need it.

Christmas Club

Did you know if you save just $20 dollars a week annually you would have over $1,000 to spend during the holidays? We make it easy to save by working with you to set up an automatic transfer directly into your Christmas Club account. A little bit every week, month or quarter will add up quickly, and you’ll receive your savings in October, just in time for Christmas shopping.


Special Requirements as noted below:

  • No transfers or withdrawals until October
  • No printed checks. Electronic fund distribution required.

Direct Deposit & Payroll Services

Bristol Morgan Bank offers direct deposit for all consumer and business deposit accounts. Set up your own direct deposit or offer your employees the convenience to electronically deposit paychecks right into their own bank account. Simply create and present your NACHA formatted payroll file through an internet-based software program—from there we will do the work. Bristol Morgan Bank sends the ACH files, so they are ensured to be delivered into your employees’ accounts on payday.

Talk to our Relationship Banker to get started!