Online Banking

Sweet little sleeping chestnut foal baby horse outside on a lawn in spring flowers meadow

Powell State Bank

Important Information

Let’s face it, keeping sensitive information safe is everyone’s job. At Powell State Bank, we will do everything within our power to protecting you and your information, but we need your help. Click on the links below to find out tips and more information on how to stay safe online, explanations of some of the more common scams, as well as what to do if you find out your information has been exposed. 

How to Safely Bank on the Internet
  1. Pick a strong password: It is highly recommended you not ever use family member, pet, street, or other commonly known names as your password. The harder your password is to guess, the more secure your information is.
  2. Only provide personal information on sites that have “https” (the “s” means it is a secure site) in the web address, have a locked padlock or key icon located somewhere on the web page. There may be other methods used for identifying secure web sites.
  3. When visiting any secure website, (such as the banks) type the address directly into the browser bar rather than following a link found from a search engine (such as MSN, Google, Yahoo, etc.). The link could be a fictitious website wanting to steal your information.
  4. Be extremely wary of e-mails asking for confidential information. Do not provide personal information to any unsolicited e-mail requests for information even if it states it is from a trusted site such as the banks or a government entity. Powell State Bank, other financial institutions, or government offices will not request confidential information through e-mails. Confirm the authenticity of a suspicious request before responding to an e-mail and only open e-mail attachments that come from a trusted source and that are expected. If you get something suspicious that appears to be from Powell State Bank, feel free to give us a call at 903-345-2582.
  5. Scan e-mails attachments with anti-virus software prior to opening and delete all unwanted messages without opening. Spyware may come as a part of a “free deal” offer – Do not accept free deals offers over the Internet because once you open the offer, you are giving someone the opportunity to install spyware, viruses, Trojans, etc. on your operating system. Do not accept or open suspicious error dialogs from within the browser, it could have attachments that could steal your information or harm your computer. Ensure that antivirus software is up to date and that all Windows security updates are applied.
  6. Keep web browser up to date with the latest security patches. Microsoft Windows Internet Explorer provides website security to a certain point by keeping information safe while in transit and away from prying eyes.  A patch is a correction to a flaw in the system; therefore, it is very important to install any available product updates and security patches, and restart your computer before signing on to Internet Banking or any other website where you may need to enter confidential information.
  7. Make sure your computer is configured securely. If you are uncertain about this process, ask someone with more computer knowledge to assist you.
  8. Do not log into internet banking when you are using a public network, or “free public wi-fi”. These networks are not secure.
  9. If it sounds too good to be true, it probably is. You can’t win the Canadian Lottery if you’ve never even been to Canada. The Publisher’s Clearing House is not going to have you mail cash to them. Please use skepticism when you get any unusual emails.

There are other tips on how to use Internet Banking safely in the Internet Security Policy. For additional information see “Security Tips”.

Security Tips from Experts

Below are a number of websites, from trusted sources, to provide you with additional information and tips on how to protect your personal information. These resources cover things such as password safety tips, how to safely conduct business online, and understanding what Patches and Software Updates.

Additional Resources to help with Identity Theft

Identity Theft Clearinghouse
Federal Trade Commission
600 Pennsylvania Avenue, NW
Washington, DC 20580
1-877-IDTHEFT (438-4338)
TTY: 1-866-653-4261


For more information visit:


Additional Useful Websites:

Credit Reports – Free Credit Reports:

ID Theft

Federal Trade Commission

Banks Never Ask That


Learn how to get scam smart. When in doubt, say no. When in doubt, call the phone number YOU know and ask to speak with your family of Bankers here at Powell State Bank. There are certain things we will NEVER call to ask you.   If you think you’ve been scammed, call us immediately. We’re here to help you.

FDIC Insurance Calculator EDIE

EDIE lets consumers and bankers know, on a per-bank basis, how the insurance rules and limits apply to a depositor’s specific group of deposit accounts—what’s insured and what portion (if any) exceeds coverage limits at that bank. EDIE also allows the user to print the report for their records.

EDIE calculates the insurance coverage for Personal Accounts—deposits held by people in single accounts, joint accounts, POD/ITF accounts, living trust accounts, and Individual Retirement Accounts (IRAs); Business Accounts—deposits held by corporations, partnerships, and organizations, both for-profit and not-for-profit; and Government Accounts—deposits held by public units such as school districts, cities, municipalities, counties, and states.

EDIE can be used to calculate the insurance coverage of all types of deposit accounts offered by an FDIC-insured bank, including:

  • Checking Accounts
  • Savings Accounts (both statement and passbook)
  • Money Market Deposit Accounts (MMDAs), and
  • Certificates of Deposit (CDs)

EDIE should NOT be used for investments, including:

  • Mutual Funds
  • Stocks
  • Bonds
  • Annuities
  • Crypto Assets
  • ANY investment that is not a deposit

Even if the above investments were purchased from an insured bank.

FDIC’s EDIE calculator

Increase font size Decrease font size Toggle Contrast Mode