Virgin Islanders Encouraged to Protect Their Financial Identity PDF Print

For Immediate Release       
No. 061-14

November 21, 2014

For More Information Contact:
Shawna K. Richards, Director of Communications
Ph: (340) 773-6459 ext. 3129
Cell: (340)642-4778
Fax: (340)719-3801
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Lt. Governor Francis Encourages Virgin Islanders to Protect
Their Financial Identity

Lieutenant Governor Gregory R. Francis today advised consumers of steps they should take to protect their financial identity, in the wake of recent external security breaches that have compromised local banks.

Francis, who serves as the Chair of the Virgin Islands Banking Board, is encouraging Virgin Islands residents to:

1. Review their account statements and online activity regularly – this helps to detect fraudulent activity quickly;
2. Save receipts to compare with their statement and open bills or check them online promptly;
3. Shred receipts and statements before putting them in the trash; and
4. Notify the bank of address changes or travel outside of the territory.

Francis further cautions Virgin Islanders to protect their financial identity by not lending anyone their card or sharing their Personal Identification Number (PIN), online login information or password.

Persons who suspect that they may be fraud victims should contact their banking institution immediately.  

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