10 Online Security Tips from Merrick Bank

Merrick Bank is serious about safeguarding your personal information online and on your mobile devices. As a security measure, you may only access your account information from the Merrick Bank website or mobile app after you have registered with us.

The Merrick Bank website and mobile app use Transport Layer Security (TLS) and Secure Socket Layer (SSL) technology to encrypt your personal information such as user IDs, passwords and account information over the Internet. Any information we send you is scrambled en route and decoded once it reaches your browser or app.

The Internet is, and will continue to be, the source of many new opportunities if you use it wisely. Although the information below is not exhaustive, it contains some key points that will help you use the Internet in a more secure manner. Use these points with caution and good judgment.

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keep up with credit payments

Keep Up with Credit Payments to Avoid Debt Collections

The Urban Institute recently released a study that reveals 77 million American consumers — about 35 percent — currently have debt in collections. These consumers are so far behind in their payments that their accounts have been referred to a third-party agency whose sole purpose is debt collection.


Today’s debt-collection practices don’t always involve the repeated phone calls, letters or emails that many consumers have come to expect. Some consumers only find out their accounts are in collections when they examine their credit report or learn they are being sued as a last attempt to collect unpaid debt, adding to the problem for many.


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secure mobile banking

The Benefits of Safe Mobile Banking

Mobile banking is a relatively new technology that enables consumers to perform many common banking functions using their smartphone or tablet. While it has made banking more convenient for many consumers, perhaps the greatest advantage offered by mobile banking is the opportunity it provides to help you manage your accounts — 24 hours a day, seven days a week, wherever you are.

Mobile banking can help you avoid late payments by enabling you to make a payment wherever you happen to be. Paying bills on time is key to maintaining a good credit score. If you realize that you have forgotten to pay your credit card bill for example, you know it’s important to make a payment right away. Using your mobile device, you can log in using a secure network and pay your bill from anywhere.

Mobile banking also enables you to check your balance using your mobile device, which can help you manage your finances more easily. For example, if you’re out shopping and need to know how much is available in your account, you have that information immediately available and right in your hand.


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preventing identity theft

Preventing ID Theft If Your Purse or Wallet Is Lost or Stolen

The contents of your purse or wallet can be a gold mine to a thief. They provide the number one method used by criminals to steal your identity.1 If you discover that your driver’s license and credit and/or debit cards are missing, there are important steps to take. However, one of the most effective ways to prevent ID theft are some things that you might want to do before your purse or wallet disappear.


Keep a record

Scan or photocopy your license and payment cards — both sides — to keep on file. Include any card you normally keep in your purse or wallet such as medical insurance, auto insurance, membership and loyalty cards. Keep copies of all in a safe place at home. If you’re traveling, you might want to bring a second copy with you, but keep it in a place other than your purse or wallet. Include your passport among the items you copy. And remember, you should never carry your Social Security Card or number with you.

With this back up set of records, you’re better prepared to report the loss or theft of your items quickly and accurately.

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identity theft protection

Protect Yourself From Identity Theft

As most of us have seen in the news somewhere by now, Target, Neiman Marcus, Michael’s and their customers experienced a personal data security wake-up call a couple of months ago. Up to 70 million Target customers1 were exposed to potentially damaging personal data theft that could threaten the safety of each shopper’s credit and debit card information.


If identity thieves are able to steal your personal information, they can take actions like open accounts in your name, gain access to your medical coverage and even file tax forms to collect your tax return. Identity theft is still on the rise in the U.S., with more than 12 million victims in 2012, one million more than the previous year2.

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Identity Theft

Warning Signs of Identity Theft

In 2012, 12.6 million U.S. adults were victims of identity theft. This equates to 1 incident every 3 seconds. When identity theft strikes, it costs the average consumer around $365 in unrecoverable funds and time missed from work to close fraudulent accounts and deal with reestablishing their credit.1

With your personal information, thieves can withdraw money from your bank account, make charges on your cards, open new accounts in your name and get medical treatment using your health insurance. By recognizing the indicators of ID theft, you can help keep the damage from spreading. Here are some common red flags to watch for.

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