Education Center

MoneyIQ

eStatements

Bank of Milton’s eStatements are fast, simple, and secure. This eliminates clutter of a paper statement and allows you to store and retrieve past statements on your hard drive. Identity Theft experts actually recommend electronic statements. Why? Because most identity theft occurs through the mail or improperly discarded paper documents containing sensitive information. eStatements simply protect your information better than paper statements.

ID Theft Prevention

Your identity is one of the most valuable things you own. It’s important to keep your identity from being stolen by someone who can potentially harm your good name and financial well-being. Identity theft occurs when someone uses your name, address, Social Security Number, credit card or financial account numbers, passwords, and other personal information without your knowledge to commit fraud or other crimes. While the words may sound like a foreign language — Phishing, Pharming, Vishing, Spyware, and Dumpster Diving — they are actually techniques used by thieves to put your identity and finances at risk. And their attacks grow more frequent and sophisticated every year. Identity theft is the fastest growing crime in the United States. According to US Department of Justice statistics, it’s now passing drug trafficking as the number one crime in America.

FDIC

The FDIC – short for the Federal Deposit Insurance Corporation – is an independent agency of the United States government. FDIC coverage protects you against the loss of your deposits if an FDIC-insured bank or savings association fails. FDIC insurance is backed by the full faith and credit of the United States government.

On July 21, 2010, the deposit insurance coverage for all deposit accounts was permanently raised to $250,000 per depositor, per insured depository institution for each account ownership category. Insurance coverage for certain retirement accounts, which include all IRA deposit accounts, was increased permanently to $250,000 per depositor in 2006.

Mobile Banking

Bank of Milton’s Mobile Banking is an internet based service that delivers the convenience of online banking to your mobile device. Mobile Banking allows you to perform banking related transactions from your phone 24/7. Use Bank of Milton’s Mobile Banking with complete confidence. It delivers the highest level of security thanks to multiple layers of authentication.

Mobile Deposit

Remember when you had to come to us to make a deposit? Not anymore! Bank when and where you want with Mobile Deposit all you need is a web-enabled phone with a camera. It’s secure and making a deposit is as easy as taking a picture.