Author: Nelson Morais Source: The Newport Plain Talk
NEWPORT-Anyone interested in learning what scams to be aware
of, as well as learning about banking products, such as IRAs and annuities, may
attend an open informational forum on Tuesday, May 5, at 5:30 p.m. at National
Bank of Tennessee.
No reservations are required.
The bank is located at 262 East Broadway, in Newport, across
from the First Baptist Church.
The purpose of the meeting is to answer people's questions
about scams and financial products, said Keith Ketterman, president and CEO of
NBT, in his office on Friday.
"You have to be careful wherever you go," said Ketterman
with regard to identity theft.
Some of the more popular current scams include false
promises of easy work as a "secret shopper," false claims that a citizen has
won the lottery, and authentic-looking checks from fictitious banks that people
are urged to cash locally and then send back a portion of the money.
Almost all scam artists have this in common: getting
someone's money and/or personal information such as social security numbers,
credit card numbers, etc., so that accounts can be accessed and used
fraudulently.
Ketterman said the event on Tuesday will also be an
opportunity to inform people about banking procedures and products, such as
FDIC insurance on accounts, advantages for first-time homebuyers, mortgage
lending, investments, retirement accounts such as annuities, and the stock
market.
Ketterman said anyone planning to attend the forum should
contact Linda Smith at NBT, at 625-6218, beforehand and leave a phone number.
He said the reason for the phone number is so that contact can be made if the
location of the forum is changed to accommodate a big turnout.
He emphasized that Tuesday's event is open to everyone,
whether they are customers of NTB, or not, and whether they reside in Newport,
Cocke County, or somewhere else.
Subscribe to The Newport Plain Talk by clicking SUBSCRIBE.
Sign up for Breaking News emails from The Newport Plain Talk by clicking EMAIL ALERTS and inputting
your email address next to "Add Me" near the top right corner.