Middletown Valley Bank

It's week two of our series on Careers in Banking! This week we are highlighting the Business Analytics department. The Business Analytics team works with internal and external business partners to create new reports, data, and analytics to meet the ever-changing compliance and key business needs of the organization, and to help ensure well-informed decisions are made each day. The team updates and edits existing reports as business needs and processes evolve, working closely with subject matter experts to keep existing reports and templates relevant, accurate, and up to date. The team maintains and updates a detailed list of all reports to ensure proper documentation and tracking, including the who, what, when, where, why, and how for each report.

Have you ever thought about a career in banking? We will be running a social media and blog series from July through the end of September to explore different departments and career options that are available in banking. Along the way we will highlight some jobs that are tailored to the banking world and other general career paths such as accounting, IT, human resources, marketing, and more that are available at many banks. This month we will highlight accounting, business analytics, compliance and risk, and credit and underwriting, and discuss how each department helps the bank function. The Accounting Team focuses on managing the Company's accounts payable and receivable, as well as balancing internal accounts and managing fixed assets. They are also responsible for preparing reports and maintaining financial records. Banking is a heavily regulated industry, and as such, bank accountants must understand the laws and regulations that have been put in place to protect consumers. Like accountants at any business, they work within a budget to ensure the financial health of the Company remains in excellent condition, keeping an eye toward growth and prioritizing the advancement of financial journeys for our customers and communities.

We currently have an opening for a Senior Mortgage Underwriter at our Main Office in Middletown, MD! Learn more and apply here: https://ow.ly/xuiy50Sqot6

Have you ever received a call that appears to come from someone you know, but then ends up being a scam? This is known as caller ID spoofing, and it happens when a caller deliberately masks the original number to hide their identity from the person receiving the call. If they can get you to remain on the call, they will use scam scripts to try to steal your money or personal information. Follow the tips below to avoid caller ID spoofing. • Do not answer calls from unknown numbers. • If you do happen to accidentally answer, hang up and do not talk or press any buttons. You do not want to find yourself in a situation in which you answer “yes” or “no” to any of their questions, as spoofers have found ways to scam others with these responses. • Do not provide personal information, including account numbers, Social Security numbers, maiden names, passwords, etc. when receiving a call from an unexpected number. • If a caller claims they are from a company or government agency, hang up and call the number listed on their website. In most cases, companies and government organizations will send a written statement in the mail before attempting to contact you by phone. • Set a password for your voicemail so scammers cannot spoof your phone number and gain access to your voicemail messages. • Install a spam blocking app and list your number on the U.S. National Do Not Call Registry if you do not wish to receive telemarketing calls. Read more here: https://lnkd.in/eGNm84p

Today, June 15th, is World Elder Abuse Awareness Day (WEAAD). WEAAD has been observed each year since 2006 to promote a better understanding of neglect and abuse of older adults. Elder abuse is an intentional act or failure to act that causes harm or increases the risk of harm to an older adult. This may include abuse that is physical, emotional, or financial, among other types, and often occurs at the hands of a caregiver or another close or trusted individual. It is estimated that about 1 in 10 individuals over 60 who live at home have experienced some form of elder abuse. Below are some ways you can help prevent elder fraud and draw awareness to the issue. • Take the time to listen to older adults to better understand their challenges and to offer support. • Report abuse or signs of abuse to adult protective services or the police. • Educate yourself on how to recognize elder abuse and how it differs from the normal aging process. • Offer support to caregivers who have taken on a heavy burden. Read more here: https://ow.ly/XZnX50S7a7f

Congratulations to Cody Hill, VP – Retail Services Manager East, on his graduation from the American Bankers Association's Stonier Graduate School of Banking!

Cybercriminals are always looking for opportunities to steal your information, and using simple passwords makes it easier for them to access your personal information. If you have trouble remembering passwords, you can download a password manager to store them for you. Many password manager programs help generate and store passwords and can even identify weak passwords and recommend stronger combinations. Three of the most effective ways to make strong passwords include: • Use at least 16 characters – Generally, the longer the password is, the harder it is to guess. • Make them random – You can do this by using a collection of letters, numbers, and symbols or by creating a random phrase containing four to seven words. • Have a different password for each account – It is much more difficult for cybercriminals to steal your information when each account has a different password. Read more here: https://ow.ly/PJ8E50RvPuE

A group of our ladies had the privilege of attending the Maryland Bankers Association's Women & Allies Conference this week!

It's National Volunteer Week! We would like to give a heartfelt thank you to our employees at Middletown Valley Bank and Mlend. In 2023, we supported nearly 200 organizations and volunteered over 3,040 hours with local non-profit organizations, with over 80% of employees donating their time and talents.

We are excited to announce two promotions and a recent hiring in retail leadership! Read more here: https://ow.ly/EFeo50RgB0A