Keeping your money safe is more important than ever. With scams, phishing, and online fraud on the rise, customers want peace of mind knowing their bank is a strong partner in protecting their finances. At Lake Ridge Bank, we take that responsibility seriously. Here are 10 ways you can partner with Lake Ridge Bank for safer banking, both online and in person.
1. Set Up Banking Alerts for Extra Security
Account alerts are one of the easiest tools for spotting fraud early. At Lake Ridge Bank, you can set custom alerts for large withdrawals, purchases, or changes to your account. These notifications let you know instantly if something doesn’t look right, helping you act quickly to prevent further fraud.
2. Bank Only on Trusted Devices and Networks
When accessing your accounts, always use a trusted device and a secure internet connection. Avoid logging in on public Wi-Fi networks—like those in coffee shops, airports, or hotels—because they’re more vulnerable to hackers. Instead, use your home Wi-Fi or your mobile data connection for safer online banking. Keeping your personal devices updated with the latest software and security patches also helps protect your information from cyber threats.
3. Enable Two-Factor Authentication for Online Banking
Passwords alone aren’t enough anymore. By turning on two-factor authentication (2FA) in your Lake Ridge Bank digital banking, you add an extra layer of protection. Even if a scammer gets your password, they won’t be able to log in without the one-time code sent to your phone.
4. Update Your Contact Information Regularly
If our fraud monitoring team notices unusual activity, we need to reach you right away. Keeping your phone number, email, and mailing address current with Lake Ridge Bank ensures we can alert you quickly and stop fraud before it spreads.
Need help finding out how to update your contract information? Read our blog Why It’s Important to Keep Your Contact Information Up to Date in Your Online Banking Profile for step-by-step instructions on how you can check and update your contact information in online banking.
5. Use Debit Card Controls in the Mobile App
Our mobile banking app includes card controls that let you:
- Instantly lock or unlock your debit card
- Set spending limits
- Restrict card use by location
These features give you greater control and help protect your debit card from fraud, especially when shopping online or traveling.
6. Review Your Bank Statements for Accuracy
Even with alerts, it’s important to review your statements regularly. Small, unfamiliar charges can be an early sign of fraud. With Lake Ridge Bank’s online banking, you can check your statements anytime, making it easy to catch problems early.
7. Monitor Your Credit and Identity with Credit Sense
Fraud protection doesn’t stop at your checking or savings account, it extends to your credit, too. With Credit Sense, you can monitor your credit score, track changes, and receive alerts about new activity. This free tool for Lake Ridge Bank clients helps you spot signs of identity theft early, such as unauthorized accounts or unexpected credit inquiries. By regularly reviewing your credit report, you add another layer of protection to your financial wellbeing.
8. Report Suspicious Banking Activity Immediately
If you ever see a suspicious charge, receive a phishing email, or lose your debit card, call your trusted Lake Ridge Bank banker right away. We’re here to help, as fast action can prevent further losses. Contact us here or stop by your local branch.
9. Stay Informed About the Latest Scams
Fraud tactics are constantly changing, from fake text messages to phone scams. Lake Ridge Bank regularly shares fraud prevention tips on our website and social media. Staying educated helps you spot red flags before they become problems.
Be sure to follow us on your favorite social media platform to stay up to date on all the latest scams and the tips and tricks to help you stay safe.
10. Build a Relationship with Your Lake Ridge Banker
At Lake Ridge Bank, we pride ourselves on knowing our customers by name and really getting to know how clients utilize their accounts. When your banker understands your typical spending and account activity, it’s easier to detect when something seems unusual. Building this relationship not only supports safer banking, but also gives you a trusted partner for all your financial needs. This is what sets community banking apart from the big banks, we take the time to really get to know you.
Protecting your money and personal information is a team effort. At Lake Ridge Bank, we combine advanced digital tools with personalized service to give you the best defense against fraud. By using alerts, enabling two-factor authentication, and staying informed, you can take proactive steps toward safer online and mobile banking.
Ready to take the next step?
