Didn't find what you were looking for? Contact your local branch Or call 1-866-675-4379
There have been statewide reports concerning several scams currently taking place. The first scam is requesting information concerning customer debit cards. The scam consists of an automated phone call appearing to be from the Louisiana Debit Card Protection Group. The customer is asked to provide their card number as well as expiration date and card verification code (CVC) security code on the back of the debit card. Sabine State Bank will never call customers or non-customers to request card information. Please do not give out this information. The second scam, customers have received a text message stating that their Visa card has been suspended. The message includes a link for the customer to go to. This is a scam also requesting card information. Please be aware and as always feel free to call your local Sabine State Bank or 866-675-4379 if you have any questions.
News Home
All funds in a “noninterest-bearing transaction account” are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC’s general deposit insurance rules.
The term “noninterest-bearing transaction account” includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.
New Scam in Louisiana – April 2013
There have been statewide reports concerning bank customer debit cards (currently does not include Sabine State Bank customers). The scam consists of an automated phone call appearing to be from the Louisiana Debit Card Protection Group. The customer is asked to provide their card number as well as expiration date and card verification code (CVC) security code on the back of the debit card. Sabine State Bank will never call customers or non-customers to request card information. Please do not give out this information.