Windows XP Support
Support for Windows XP from Microsoft ended April 8, 2014.
Microsoft will no longer provide security updates or technical support for Windows XP.
Security updates patch vulnerabilities that may be exploited by malware and help keep
users and their data safer. PCs running Windows XP after April 8, 2014, should not be
considered to be protected. You may want to consider moving to a supported version
on Windows to ensure your PC is protected.
Computers using Windows XP will continue to be able to access internet banking;
however, we will no longer be able to assist you in resolving any conflicts between
internet banking and Windows XP.
For more information about Windows XP please visit Microsoft's website.
At Preferred Bank we take security very seriously. The latest methods in internet system security, as upgraded from time to time, are used to increase and monitor the integrity and security of our system.
Internet security does not rely on one technology alone. Without everyone's participation, all the security systems and technology in the world are worthless. You must treat your User ID and password with the utmost confidentiality. Passwords should NOT consist of obvious data about the user (i.e. children's names, birthdays or spouse's name). Selecting letters that do not create a common word but instead represent the first letter of each word in a favorite phrase, poem or song can create a memorable but difficult to crack password.
Data security between the customer browser and our web server is handled through a security protocol called Secure Sockets Layer (SSL). SSL provides data encryption, server authentication and message integrity for an internet connection. In addition, SSL provides a security "handshake" that is used to initiate the connection. This handshake results in the client and server agreeing on the level of security they will use and fulfills any authentication requirements for the connection. Currently, Preferred Bank's online banking application supports data encryption at the highest level (128 bit). In order to get this level of encryption, you will need a browser that supports it. Please consult your browser's technical requirements.
Preferred Bank continues to add additional security measures to our online banking services so that our customers have the confidence that their information is being protected. Preferred Bank has two different layers of security that are designed to protect your financial information.
One Time Password (OTP) devices are provided to select customers that have more complex online banking needs. This method requires the use of a token device that generates a random code used in connection with a personal password each time the users logs in to verify their identity. Additionally, a response code is given back from the device that authenticates the official Preferred Bank website.
How to Prevent Identity Theft
How to Deal With Identity Theft
Exercise your rights to review your credit report and report fraudulent activity. To order your free annual credit report from one or all the national consumer reporting companies, visit www.annualcreditreport.com or call toll-free (877) 322-8228.
For more information about the steps to take on obtaining your credit report, contact the credit bureaus listed below:
Corporate account takeover is a type of fraud where thieves gain access to a business' finances to make unauthorized transactions, including transferring funds from the company, creating and adding new fake employees to payroll, and stealing sensitive customer information that may not be recoverable. It is important that all businesses be aware and prepared for this risk.
To find out more about corporate account takeover, please see the American Bankers Association's® Small Business Guide to Corporate Account Takeover.