The National Unemployment Insurance Fraud Task Force (NUIFTF) has issued an alert warning the public about the issuance of erroneous 1099-G forms. 1099-G forms are issued to recipients of certain government payments, including unemployment compensation. Since unemployment insurance (UI) is taxable income, the State Workforce Agency (SWA) issues 1099-G forms to UI and Internal Revenue Service recipients to report the amount of taxable unemployment compensation received. If you receive a 1099-G form you are not expecting, it might mean that an identity thief fraudulently received benefits using your identity. Taxpayers who receive a 1099-G form for benefits they did not […]
Archives for 2021
New Hampshire Housing Launches Community Heroes Homebuyer Initiative
In appreciation of the vital services that New Hampshire’s essential frontline workers have been providing during the COVID-19 pandemic, New Hampshire Housing has launched a special initiative to help them become homeowners. The new Community Heroes Initiative provides a $3,000 closing-cost credit to eligible first-time homebuyers who finance through one of New Hampshire Housing’s Plus mortgage programs. The Community Heroes Initiative closing-cost credit is only available with one of New Hampshire Housing’s Plus loan programs.
IRS Issues EIP FAQs as Direct Deposits Begin Moving
The IRS has announced that the third round of economic impact payments will begin reaching Americans this week, with some direct deposit payments arriving as soon as this past weekend. “Additional batches of payments will be sent in the coming weeks by direct deposit and through the mail as a check or debit card. The vast majority of these payments will be by direct deposit,” the IRS said. “Some Americans may see the direct deposit payments as pending or as provisional payments in their accounts before the official payment date of March 17.” The IRS added that it would update its Get […]
Economic Impact Payment Fraud
The Financial Crimes Enforcement Network (FinCEN) recently issued an advisory regarding fraudulent COVID-19 Economic Impact Payments (EIP). U.S. authorities have identified numerous EIP-related fraud schemes such as: Fraudulent Checks: Fraudulent checks are mailed to victims, instructing the recipients to call a provided number to cash the fraudulent relief checks. Victims are asked to provide personal or banking information to speed up their relief payments. Altered Checks: Fraudsters have begun depositing altered EIP checks, often via ATMs or by mobile deposit. The altered checks often have the payee chemically altered to enter a new payee, or the payee line is left […]
Home Warranty Frauds Being Reported
Area residents are reporting phony new home warranty final notice letters received by mail. The letters mention the mortgage company or bank where mortgage is held. The companies sending these letters use publicly available information from the county Registry of Deeds to offer their services to local homeowners, but the services are not sponsored by or associated with any bank or mortgage company. Though this practice is not illegal, it is deceptive in nature and aims to have the homeowner call believing this vendor has an affiliation with their bank or mortgage company. Once the customer calls, the vendor tries […]
Amy Mavris Promoted to AVP Marketing Communications Officer
Amy Mavris has been promoted to Assistant Vice President, Marketing Communications Officer for New Hampshire Mutual Bancorp (NHMB), leading companywide marketing projects, supervising a three person communications team, overseeing digital and print communications, the Mutual Benefits program, public relations, and social media. “Amy is a natural leader with the warmth, empathy, direct communication style valued in a manager,” said Cindy Hemeon-Plessner, Senior Vice President and Marketing Officer for New Hampshire Mutual Bancorp. “For the last several years she has been the communications and marketing lead for all major company-wide projects, excelling as an independent contributor and team member; planning way […]
Dan Osetek Promoted to Vice President Commercial Lending Team Leader
Dan Osetek has been promoted to Vice President, Commercial Lending Team Leader for Meredith Village Savings Bank (MVSB), overseeing the leadership and development of their commercial lending team as well as employees who aspire to become commercial lenders. “Dan is a remarkably, steadfast, and dependable colleague who has been invaluable to this organization for more than 7 years,” said John Swedberg, Senior Vice President &, Senior Commercial Loan Officer at MVSB. “His expertise and considerable background with two decades of commercial lending experience has been invaluable to our team and organization and we are lucky to have him.” Osetek joined MVSB […]
Security Enhancement for Quicken, Quickbooks and Mint Users
For added security, beginning on Tuesday, March 9, Quicken, Quickbooks and Mint Users will be prompted to receive a secure access code in addition to your online banking username and password when adding or syncing MVSB accounts. This process is similar to the steps you would follow to authenticate your login when you access online banking from a different computer or location. To add or sync your MVSB accounts: Enter your MVSB online banking user ID and password. Choose to receive a secure access code via text or email. Access the code from your text messages or email and enter […]
Earn Some Extra Green in March with Mutual Benefits
Mutual Benefits Members: Shop the Cash Back rewards portal online March 1st– 31st to earn $5 on your first purchase and 5X Cash Back on every purchase. Visit www.mymutualbenefits.com to get started! Mutual Benefits is a unique discount program that offers a diverse and comprehensive range of money saving benefits and identity theft protection services, provided exclusively to customers at MVSB and our sister bank, Merrimack County Savings Bank. Learn more at about Mutual Benefits at www.mvsb.com/mutual-benefits. Meredith Village Savings Bank has selected Generations Gold, Inc. (GenGold®), a fully independent third party service provider, to provide travel and other discounted […]
Charles Dowd Joins MVSB as Vice President of Residential Mortgage Sales
Charles (“Charlie”) Dowd has joined Meredith Village Savings Bank (MVSB) as Vice President of Residential Mortgage Sales. In this role, Dowd will lead mortgage lending efforts and create strategic plans to expand mortgage opportunities for the Bank. He is based out of MVSB’s main office in Meredith. “Charlie’s entrepreneurial spirit and passion for helping our community and customers with affordable homeownership is inspiring,” said Mark Danahy, Senior Vice President of Residential Lending. “his passion will ensure we can be the lender of choice for our customers and community members.” “I am excited to be part of the MVSB legacy and […]