SAVINGS BANK OF WALPOLE WILL BE ONE OF THE FIRST AREA BANKS TO RETROFIT THEIR BRANCH ATMS WITH NEW SECURITY DEVICE
Keene, NH—In an effort to combat ATM fraud and “skimming,” Savings Bank of Walpole is pleased to announce that it will be one of the first area banks to utilize the ActivEdge Skim Guard system at all of their branch ATMs. The machines will be retrofitted with the ActivEdge system as of Thursday, August 4th.
Skimming means that a person (who is referred to as a skimmer) has installed a counterfeit card reader on the exterior of an ATM in an attempt to steal another person’s card information during ATM transactions or at point-of-sale machines like the ones used at gas stations or convenience stores.
Once SBW’S branch ATMs have been retrofitted with new ActiveEdge card readers, when customers use their card, they will insert it “long edge first.” The card will then be read INSIDE the machine, thereby reducing the possibility that a skimmer might steal information by installing a counterfeit reader on the exterior of the ATM.
“At Savings Bank of Walpole, we’re dedicated to doing our best to protect the account information of our customers,” says Gregg Tewksbury, President and CEO for Savings Bank of Walpole. “And, while nothing’s completely foolproof, with the addition of the ActivEdge system to our branch ATMs, customers can enjoy greater peace of mind knowing their information has an added level of security to safeguard it.”
Founded in 1875, Savings Bank of Walpole is headquartered in Walpole and serves the Monadnock Region and Connecticut River Valley of New Hampshire and Vermont from offices in Walpole and Keene. With assets totaling $365 million, the Bank offers a wide range of financial products, including services to individuals, businesses and organizations. Savings Bank of Walpole is an equal housing lender, and member of the FDIC. For more information visit www.walpolebank.com or call (603) 352-1822.
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FOR IMMEDIATE RELEASE
July 28, 2016
FOR MORE INFORMATION, CONTACT:
Tamara W. Richardson, SHRM-CP, PHR
VP & Human Resources Officer
(603) 355-1602
trichardson@walpolebank.com
