Many people find it easy and convenient to use credit cards and ATM or debit cards. The Fair Credit Billing Act (FCBA) and the Electronic Fund Transfer Act (EFTA) offer procedures for you to use if your cards are lost or stolen.
Limiting Your Financial Loss
Report the loss or theft of your credit cards and your ATM or debit cards to the card issuers as quickly as possible. Many companies have toll-free numbers and 24-hour service to deal with such emergencies. It’s a good idea to follow up your phone calls with a letter. Include your account number, when you noticed your card was missing, and the date you first reported the loss. (more…)
State Bank of Southern Utah is sponsoring the Cedar City Festival of Homes. You can purchase tickets online at www.cedarcityfestivalofhomes or at any State Bank branch.
Don’t forget to use the $2.00 of coupon that can also be obtained from any State Bank branch.
Friday, August 31st – 1:00 pm to 8:00 pm
Saturday, September 1st – 10:00 am to 8:00 pm
Sunday, September 2nd – 1:00 pm to 8:00 pm
Monday, September 3rd – 10:00 am to 8:00 pm (Labor Day)
Friday, September 7th – 1:00 pm to 8:00 pm
Saturday, September 8th – 10:00 am to 8:00 pm
Sunday, September 9th – 1:00 pm to 8:00 pm
Tickets are $10 per person and admits one person to all the homes on the tour.
What is an HSA?
A health savings account (HSA) is a tax-favored savings account created for the purpose of paying medical expenses.
How does an HSA Plan Work?
An HSA works in conjunction with high deductible health insurance.Your HSA dollars can be used to help pay the health insurance deductible and any qualified medical expenses, including those not covered by the health insurance, like dental and vision care.
Any funds you withdraw for non-qualified medical expenses will be taxed at your income tax rate, plus 10% tax penalty.
Once you meet your calendar-year deductible, the health insurance pays remaining covered expenses in accordance with the terms and conditions of your particular plan. Some plans pay 100% of covered expenses after the calendar-year deductible is met.
How do I get an HSA Debit Card?
An HSA Debit card allows you the convenience of spending money from your HSA account through the use of a card. An HSA debit card can only be used at a healthcare facility or merchant. Withdrawal restrictions are also waived on HSA debit cards.
Visit any State Bank branch to fill out an application for an HSA debit card. Please visit www.sbsu.com for more information regarding the State Bank HSA Account.
Hometown banking was established in southern Utah with the opening of State Bank of Southern Utah in 1957.
Hometown banking is important because people who live and work in southern Utah make the decisions. Bank employees and officers understand the banking needs of area residents because they are affected by the same economic climate. Find out what hundreds already know - hometown banking is better.
It may be a “buyer’s market” in southern Utah but current fluctuations in the economy and the housing market can complicate the decision whether to buy a home or rent.
How do you know what’s right for you? State Bank recommends that potential buyers ask themselves several key questions before making this important decision:
Bottom line: Calculate your home ownership costs vs. rental costs, and go from there.