May 7, 2025
In today’s evolving financial landscape, security is paramount. The alarming rise in fraudulent activities highlights the importance of taking proactive measures to protect your hard-earned money. Did you know that banks in the U.S. lost an estimated $24 billion to check fraud in 2024 alone? (Propeller Insights Survey) Check fraud has surged by 385% since 2020 (U.S. Department of the Treasury), and a staggering 60% of businesses have already faced attacks related to this crime (Association of Financial Professionals). Additionally, mail theft—a frequent method used to perpetrate fraud—has grown by 400% in the past five years. (Statista)
At Arundel Federal Saving Bank, we understand the gravity of these risks, which is why we prioritize your security and peace of mind. With encryption and secure internet connections including multi-factor authentication, our online banking services offer a safer, more convenient way to manage your finances while keeping your data and transactions safe. By transitioning to digital banking, you reduce exposure to check fraud and mail theft—keeping your funds out of harm’s way.
Beyond enhanced security, we are committed to maintaining the trust of our customers. At Arundel Federal, we take a rigorous approach to fraud prevention and safeguarding our customers’ information and data, standing by you every step of the way.
Learn more about our online banking options today by contacting one of our branches and take control of your finances—securely, efficiently, and with a bank you can trust.