Bank Security Policy, Privacy Policies : South Shore Savings Bank

Mission Statement

Career Center

What's New

Charitable Foundation

Privacy and Security

FAQs

As we continue to adopt new technologies, we realize that many of our customers have concerns about personal privacy policies. We wanted to address some of those concerns.

Security Alert: Fraudulent E-mail – 12/29/2011

South Shore Savings Bank has been informed of numerous reports of a fraudulent e-mail that has the appearance of being sent from FDIC. While the e-mail exhibits variations in the "From" and "Subject" lines, the messages are similar. The body of the message reads, "Recent changes in the Federal Deposit Insurance Corporation insurance coverage. During the period from December 31, 2010 to December 31, 2012 all the money in a noninterest-bearing transaction account are fully insured by the Federal Deposit Insurance Corporation. Please note, that this is a temporary measure besides the Federal Deposit Insurance Corporation's general rules. The term "noninterest-bearing transaction account" includes a usual checking account or demand deposit account on which no interest is paid by the insured depository institution."

A hyperlink is provided (the web addresses vary widely) to a site that claims to provide more details of temporary FDIC coverage for transaction accounts. This e-mail and link are fraudulent. This is an attempt to collect personal or confidential information or to load malicious software. Customers are advised to not click on the link provided.

Security Alert: Phishing Calls - 12/22/2011
South Shore Savings Bank has been informed that banks in the North and South Shore areas are reporting that customers have received calls from individuals trying to update/verify bank account information. The caller reportedly has a very thick accent, and in some cases has the customers name and address. In some cases the caller also states their Medicare benefits will be discontinued if they did not provide their account and bank routing numbers. Some of the victims claim the calls are coming from Social Security, while others claim to be from Medicare. Please be aware that no governmental agency or bank will make these types of calls.

Privacy Policy Statement

Internet Banking Security

Important information about procedures for opening accounts

Learn more about Identity Theft

Be aware of Phishing and how it works

Report a lost or stolen ATM card or Debit MasterCard®

Online Shopping? Sign up for MasterCard® SecureCode™

The following Privacy Policies pertain to all web site interactions, including information given through e-mail and information request forms.

We will clearly disclose our customer confidentiality policies.
Our employees are not allowed to access customer information unless they have been given specific permission for the purpose of carrying out the Bank's business.
No employee will discuss or disclose any customer information unless given specific permission for the purpose of carrying out the Bank's business.
We will only collect, maintain, and use information from or about our customers as specifically required to transact business with our customers.
We will exercise a reasonable level of control to ensure accuracy of customer information. Errors that are found and/or reported will be promptly corrected.
Third parties authorized to access customer information will be subject to the above policies.

Completing an information request form?
Any information provided to us through our web site (i.e. e-mail or information request forms) will be used solely for answering customer questions, or conducting Bank business. Demographic information, including name, age, e-mail or mailing addresses will not be distributed, or sold, to any outside source.