Safe Checking Practices: Protect Your Finances with Academy Bank

In today's digital age, keeping your checking account secure has never been more important. Whether you prefer to do your banking online or in person, understanding safe practices for managing your finances can make all the difference.

While we often focus on convenience, prioritizing security is one of the best ways to protect against identity theft, fraud, and other financial risks. Keep reading to learn more about how to safeguard your checking account and ensure your banking experience is both convenient and secure.

Stay Alert with Online Banking

Online banking is very convenient in everyday life, but it also means you need to be extra careful to prevent cyber threats. When logging into your account through Academy Bank’s mobile app or online portal, always ensure that you’re using a secure and private internet connection.

Avoid using public Wi-Fi networks, as they can leave your personal information vulnerable to hackers. It’s also a good practice to enable two-factor authentication (2FA), which adds an extra layer of security to your login process by requiring a second form of verification, such as a code sent to your mobile device.

Passwords play a critical role in online banking security. Using a strong, unique password for your banking accounts—one that includes a mix of letters, numbers, and special characters—can significantly reduce the risk of unauthorized access.

Be cautious about saving passwords on shared devices or using easily guessed phrases. And always remember to log out of your online banking session when you’re done, especially if you’re accessing your account on a public or shared computer.

Recognize and Avoid Phishing Scams

Phishing scams are one of the most common tactics used by cybercriminals to gain access to your personal banking information. These scams typically involve emails, text messages, or phone calls that appear to be from your bank—but they’re actually designed to steal your login credentials or other sensitive data.

It’s important to be skeptical of any unexpected communications that ask for your account information or direct you to click on a suspicious link. At Academy Bank, we will never ask for your account details via email or text message.

If you receive a message that raises red flags, do not respond or click any links. Instead, contact us directly using official channels to verify whether the message is legitimate. Being cautious and verifying communications can help protect you from becoming a victim of phishing scams.

Monitor Your Account Regularly

Keeping a close eye on your checking account activity is one of the best ways to catch suspicious transactions early. Review your account statements frequently and set up account alerts through the Academy Bank mobile app or online banking portal. These alerts can notify you of any unusual activity, such as large withdrawals, international purchases, or transfers you didn’t authorize.

In addition to reviewing your transactions, pay attention to small, unexpected charges. Criminals may test your account with minor amounts before attempting larger fraudulent transactions. By monitoring your account consistently, you can report any discrepancies to Academy Bank immediately, reducing the risk of further financial damage.

Protect Your Debit Card Information

Your debit card provides easy access to your checking account, but it also presents a target for fraud. To keep your card information safe, avoid sharing your card details with anyone or writing down your PIN number in easily accessible places. When making purchases online, always use secure websites with encrypted payment systems, and steer clear of entering your debit card information on unfamiliar or untrustworthy sites.

In the event that your debit card is lost or stolen, it’s important to act quickly. Contact Academy Bank as soon as you realize your card is missing so that we can freeze your account and prevent unauthorized transactions. But if you’d rather handle it yourself, you can also freeze your account by turning your card ON and OFF through online banking.

Take Advantage of Mobile Banking Security Features

Mobile banking has become a preferred option for many people, thanks to its convenience and accessibility. However, it’s important to take advantage of the security features built into Academy Bank’s mobile app to keep your information safe.

In addition to enabling 2FA, consider using biometric authentication methods, such as fingerprint or facial recognition, which offer a more secure alternative to traditional passwords.

Keeping your mobile device secure is just as important as securing your online accounts. Be sure to regularly update your phone’s operating system and apps to ensure you have the latest security patches. If your phone is lost or stolen, Academy Bank’s online platform allows you to quickly freeze your account to prevent unauthorized access. By staying proactive with mobile security, you can enjoy the convenience of mobile banking without compromising your personal information.

Banking Safely and Securely with Academy Bank

At Academy Bank, we take pride in protecting our clients' accounts and personal information. Whether you’re banking at one of our conveniently located branches or using our mobile banking app, we are committed to providing a secure experience.

You can also take steps to enhance your security by staying informed about how to prevent identity theft, recognize scams and fraud, and report suspicious activity.

It’s important to remember that security is a partnership between you and your bank. Academy Bank is here to be your partner in secure banking, helping you keep your finances safe and secure every step of the way!