Message from the President

Debit/Credit Card Compromises

What do Target, PF Chang’s, TJ Maxx, Goodwill, Michaels, Sally Beauty, Neiman Marcus, and most recently Home Depot have in common? They are debit/credit card merchants whose credit card acceptance systems were compromised in one way or another. The bank is usually notified by VISA or the large processors when they learn of compromises and we immediately implement trigger protocols to protect your financial data.

We at Park State Bank & Trust take your financial information and privacy seriously. We take decisive action to respond to any threat to your accounts. These attacks have serious implications to large and small businesses alike. Security is the responsibility of all of us. From the merchant businesses, card processing companies, card issuers, financial institutions, hardware/software companies, and finally you the cardholder, we must all be aware and play an active role in protecting the integrity of our nation’s payment systems.

We believe that our country’s payments systems will continue to adapt and improve to address the threats, but we also know this will be a never ending battle. We know that changing your card is a hassle, but we are committed to protecting your accounts and will continue to remain diligent in monitoring any compromises we see in the marketplace.

We will always work hard to minimize the inconvenience. We very much appreciate your patience and understanding in working with us to protect your accounts.

As always, please do not hesitate to contact us with any questions you may have.

Thank You,


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