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Tips, Trends, and Tidbits

October is Breast Cancer Awareness Month!

October is Breast Cancer Awareness Month, an annual campaign to raise awareness of breast cancer risks, the value of screening and early detection, and treatment options available to women and men who are diagnosed with one of the many forms of breast cancer every year.

According to the American Cancer Society, an estimated 288,000 cases of invasive breast cancer will be diagnosed in U.S. women alone in 2022, with an additional 2,700 cases to be diagnosed in men.  Sadly, they also estimate that nearly 43,000 women and 500 men will succumb to the disease.

The National Breast Cancer Foundation website is a great educational resource to acquire information about self-examination, early detection, different types of breast cancer, treatment, and general FAQ’s.

Letter from the President

Happy Fall everyone! Fall brings so many wonderful things…cooler temperatures, beautiful scenery, high school sports and for many of us, hunting.

Unfortunately, wild game hunting isn’t the only thing making a return this fall. Fraudsters are always on the hunt to make a quick buck, and it seems they have decided to return to a previously lucrative scam. Nationwide, there has been a dramatic increase in fraudulent check activity, especially in business accounts.  This is the result of improvements in counterfeiting technology, not the result of anything customers or banks are doing wrong.  There are several steps we are taking to limit the impact of this scam, and several steps that we are kindly asking you to take as well.

We’ve taken the initial step of only cashing checks drawn on other banks for GTSB accountholders. Additionally, we will only cash checks drawn off a GTSB account for a non-customer if we are able to contact our customer and verify the validity of the check. We are also investing in additional software to help identify potentially fraudulent checks, but the best course of action is still to be proactive rather than reactive. The best protection is still you!  We are asking you to review your account(s) daily using our Online Banking. Please verify the checks and automatic payments being processed have, in fact, been authorized by you.  Schedule a time each day to review your account activity to verify it is all legitimate. As Benjamin Franklin famously advised “An ounce of prevention is worth a pound of cure”, and who knows better than you on what you’ve authorized from your accounts. If you identify fraudulent activity, please contact one of our GTSB facilities immediately, so we can remedy the situation quickly.

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