In honor of Memorial Day, Northern Bank branches and the Contact Center will be closed on Monday, May 27. As always, mobile banking, online banking and our ATM network are available to you 24/7.

January 21, 2022

Business fraud is on the rise

Fraud Prevention

At Northern Bank, protecting you and your business from fraudulent activity is a top priority. That’s why we strongly encourage everyone – especially small business owners – to download our quick guide to preventing fraud.

To better protect small businesses, Northern Bank only allows business owners to authorize the following:

  • Wire transfer limit increase
  • Credit Increase or ACH (aka Direct Deposit)
  • Direct Pay
  • Electronic Check

We’ve also compiled a few measures small business owners can take to protect their business:

  • Limit who can authorize certain electronic transfers, wires, change of address, phone number and authorized signers on the bank account.
  • Beware of Business Email Compromise (BEC). These are fake email messages that appear to come from a real bank or vendor (often the result of hacking).
  • Never change financial information – such as payments – based on an email from a bank or vendor. Always call the bank or vendor to confirm changes.

Questions? Contact our Business Support team at BusinessSupport@nbtc.com or 781-569-1596.

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About Northern Bank & Trust Company

Northern Bank is a full-service bank dedicated to providing practical, common sense financial solutions to help our customers live their lives and grow their businesses. From deposit products to loans to payment and collections services, we work hands-on with our entrepreneurial customers, both locally and across the country, to provide the financial support they need to realize their personal and business goals. Founded in 1960, Northern Bank has assets of $2.87 billion with 13 locations serving communities throughout Middlesex County. Northern Bank is a Member of the FDIC, and an Equal Housing Lender.

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