Putnam County Bank

Information may not be reliable

Putnam County Bank will be Closed Thursday, November 25th for Thanksgiving Day

Putnam County Bank's offices will be closed on Thursday, November 25th in recognition of the federal holiday of Thanksgiving Day.

The Bank will observe normal operating hours on Wednesday, November 24th and Friday, November 26th.

Don't forget, Putnam County Bank's Internet Banking and Bill Pay services work 24/7 for you. If you prefer the telephone, PUTNAM-24 provides convenient services 24/7, as well.

If your ATM or check card has been lost or stolen and the Bank is closed, you can still report it to prevent potential unauthorized access.
In this event, please call PUTNAM 24 at 1-877-PUTCOBK (or 1-877-788-2625) and select Option 3 - To Report a Lost or Stolen Card. You can call this telephone number 24 hours a day.

Putnam County Bank held its annual Customer Appreciation event on Saturday, September 11th and even with cooler, cloudy conditions, many came out to celebrate with us.
Our employees served plenty of food and children enjoyed the games and activities and Electric 102 provided entertainment.

Cintas Document Management was present providing free, secure destruction of sensitive documents on-site. Cintas shredded 3,072 pounds of paper during the event. You can read more about Cintas Document Management at www.wvshred.com.

Again, a great time and a great event. Thanks to all who stopped by to visit.

Our next free shred day will be in May of 2011. Please watch our website for details.

Thank you for accessing Putnam County Bank's Online website. We intend to make this an informative and interactive tool for our customers and those wishing to learn more about us. If you have any suggestions, please let us know.
Please contact us at (304) 562-9931 or e-mail at support@putcobk.com. Please do not e-mail any confidential information concerning your accounts such as account numbers and amounts.

Putnam County Bank's Participation in the FDIC Transaction Account Guarantee Program

What to do if your ATM or Check Card is lost or stolen and the Bank is closed

Briefly About Putnam County Bank
Putnam County Bank was organized in October 1901 and is a state-chartered bank. The Bank is regulated by the West Virginia Division of Banking and the Federal Reserve System. The Bank's deposits are insured by the Federal Deposit Insurance Corporation.
Putnam County Bank is a wholly-owned subsidiary of Putnam Bancshares, Inc. Putnam Bancshares, Inc. is regulated by the West Virginia Division of Banking and the Federal Reserve System. Formed in 1985, Putnam Bancshares, Inc. owns 100% of the shares of Putnam County Bank and a controlling interest in a title insurance company, Putnam County Title Insurance Company. The directors of Putnam Bancshares, Inc. serve as directors in Putnam County Bank.

Putnam County Bank is participating in the FDIC’s Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC’s general deposit insurance rules.

Noninterest-bearing transaction accounts are defined as a transaction account with respect to which interest is neither accrued nor paid and on which advance notice of withdrawal is not required. This definition was designed to include traditional demand deposit checking accounts that allow for an unlimited number of deposits and withdrawals at any time. It does NOT include interest-bearing money market deposit accounts. The FDIC has created certain exceptions to the definition of "noninterest-bearing transaction account" to include certain accounts commonly known as Interest on Lawyers Trust Accounts (IOLTA) and NOW accounts with a maximum interest rate of .25%.

Putnam County Bank's NOW account rates may be higher than .25%. That means that NOW accounts at Putnam County Bank are NOT covered under the FDIC's Transaction Account Guarantee Program. Funds held in NOW accounts will be insured up to $250,000 under the FDIC's general deposit rules. All other "noninterest-bearing transaction accounts" are fully guaranteed by the FDIC for the entire amount in the account.

Below are two posters which give advice on how to avoid becoming a vicitim of internet fraud.

Before Traveling with Your VISA Check Card, Call Us
If you plan to leave the United States, or travel across the U. S. (such as California, Texas, Florida or New York) and have a VISA Check Card, please contact Putnam County Bank before you leave.

This will allow us to place additional anti-fraud measures to protect you. You can contact us by phone or if you are enrolled in Internet Banking, send us a Secure Message.

During the first two months of 2009, Putnam County Bank has seen a significant increase in VISA Check Card compromises. A compromise suggests that card numbers and expiration dates "may" have fallen into wrong hands...no other information. Putnam County Bank utilizes a variety of tools which provide around-the-clock monitoring of these transactions to prevent fraud and unauthorized use.

While we employ state-of-the-art tools, we still need the help of our customers to fight fraud. Here are some important tips to remember to help us fight fraud:

• Never write down your PIN. Memorize it as soon as you get it.
• Do not disclose your PIN to anyone. No one from any financial institution, the police or a merchant should ever ask for your PIN.
• Beware of phishing emails. These are emails that appear to be from your bank or online merchant asking for account information. Do not reply to them or click on any links. Visa, your bank or any other legitimate online merchant will never ask for your PIN or other personal financial information via email.
• At an ATM or PIN pad, enter your PIN discreetly, shielding the keypad with your hand or body.
Spot suspicious activity and protect your account:
1. Review your monthly checking account statements to spot any unauthorized purchases.
You can also monitor your account activity online at any time at www.putcobk.com or via the telephone toll-free by using PUTNAM-24.
2. Review your credit reports for accuracy. Call any one of the three credit reporting agencies to receive your free annual credit report.
3. If you spot any unauthorized charges, please contact us immediately at (304) 562-9931.
4. You should also contact the three credit reporting agencies listed above to notify them of any suspected fraud or identity theft.

By using some very simple steps, you will help us in the daily fight against fraud and thieves who look for all possible ways to steal. All our personnel are trained in how to protect our customers and their accounts. If you have any questions, please call us.

We always want services which help us manage our time effectively and securely. Putnam County Bank's Online Banking and Bill Pay services provide this kind of timely and effective service. You can access your account, view your images of checks (front and back) and perform transfers. In addition, the Bill Pay product provides a fast and efficient way to manage the process of paying bills. You can even schedule your bills to automatically pay.

Do not reply to any e-mails requesting that you give your password or account number. Also, do not reply to anyone requesting your password or account information over the phone. If you receive any such request, call Putnam County Bank at (304) 562-9931.

Make sure to bookmark www.putcobk.com as a Favorite to access online banking. Return to the top

A September 2008 article in the American Banker ("Going Paperless: A Rare Strategy of Win-Win-Win") cites that the average person could reduce their chances of suffering identity theft fraud by as much as 9% by shutting off paper statements and bills.

The article continues to say that an average household received 26 bills, statement and checks per month in 2006. In addition to the safety aspect, it also has great ecological value. Less paper means lower requirements of wood pulp, water and energy as well as less waste to landfills. Less paper waste means cleaner air from less emission of methane gases in landfills.

E-statements provide you security by removing your account information from your mailbox and providing it soon after your statement date. Once you access your statement, you may print it or save it on your pc. The print quality is equal to statements received in the mail.

What to do if your ATM or Check Card is lost or stolen and the Bank is closed.

We feel it is important for our customers to know that the mortgage loans which are orginated by Putnam County Bank, stay at Putnam County Bank. All mortgage loans are serviced by Putnam County Bank. You don't have to worry about to whom the loan was sold and why you are making payments to an address in California. Questions about your mortgage and about your payments are answered in Hurricane, West Virginia.

The Electronic Federal Tax Payment System (EFTPS) is a free service of the U.S. Department of the Treasury. We encourage you to begin paying business taxes via EFTPS.gov or the service’s phone channel because…

You will have no more last-minute trips to the bank or post office, lost checks, or missed deadlines.
It's easy to use, fast and accurate. IRS research shows that businesses that use EFTPS are 31 times less likely to make an error that results in a penalty or fee.
You can use EFTPS from anywhere there’s an Internet connection or phone line. No special software or connection is required.
You're in total control of initiating your tax payment securely through this site.
Millions of taxpayers are already enrolled in the system, which has been available since 1996.

NOTICE: The information contained in this website is provided for general guidelines on several subjects of interest for the user. The user should be aware that laws, regulations and standards can vary and the information in this website should not be used as professional advice or services. A qualified professional should be consulted regarding the user's own situation before any decision making. Putnam County Bank and Putnam Bancshares, Inc. is not responsible for any actions taken by users. Putnam County Bank and Putnam Bancshares, Inc. does not endorse or guarantee products, information or recommendations provided on sites linked to this website. Putnam County Bank and Putnam Bancshares, Inc. are not liable for any failure of products or services advertised on sites linked to this website. Each linked website may have a different privacy policy than this website. In addition, linked websites may provide less security than this website. Please refer to that particular website for their privacy policies and security measures. Use of information within this website is at the user's own risk. Each user has a special or unique need or situation that should always be addressed by a professional who understands that need or situation. The information contained in this website is presented "as-is" and Putnam County Bank and Putnam Bancshares, Inc. does not guarantee that the information contained herein is accurate, complete or timely. Putnam County Bank and Putnam Bancshares, Inc. will not be liable for any action, risk, loss, damages, whether direct or indirect, from use of the information contained in this website. This website is provided for informational use only. This website contains links and features that are provided to our customers from outside sources. Putnam County Bank and Putnam Bancshares, Inc. are not responsible for and have no control over the subject matter of these links; however it is our sole intent to provide only good information that our customers find useful. The user must be aware that there is a great amount of information and opinion to be considered by anyone looking after their financial situation. No two situations are alike. The most useful advice is that which is provided for a specific and individual set of circumstances.