09/26/2025
Public Awareness
• Fraud threats focus of local bank-driven event
Randy M. Cauthron
Managing Editor
[email protected]
A Fraud Awareness & Prevention Seminar, put together by four Spencer local banks, will be hosted from 5-7 p.m., Tuesday, Sept. 30, at the Clay County Regional Events Center. The evening is free, with appetizers and refreshments provided.
Dani Brink, who has been with Northwest Bank for 17 years, is the branch’s retail manager, said, “This is open to everyone.
“Fraud does not discriminate,” she pointed out. “If you have a phone, you can be scammed — we want to spread the word and try to help protect our community.”
The forum will address current fraud trends and what people can do to prevent them from happening. A Q&A panel of local bankers and law enforcement will address the issues, and there will also be a short presentation from Jenica Lensmeyer, with the Iowa Bankers Association.
“Fraud is rapidly on the rise,” according to Brink. “Even people who think they would never fall victim to something are. We are trying to stop it and protect our customers' money.”
“The increasing amount of fraud we are all seeing” is driving the discussion, one of the event coordinators, State Bank Senior Vice President Brianna Dean, said. “We want customers to know it's everywhere, and as banks, we are really looking out for them and want to protect their money.”
Seth McCaulley, Community Bank president and a shareholder/director, leads the financial institution’s fraud team. He has been with Community Bank for nine years.
“It is a combination of fast-moving technology, the ability to move money rapidly across the world, and laws and enforcement that needs to be revamped and made a priority,” McCaulley cited as the cause behind the problem.
He continued, “It is difficult to keep up with these attacks at this rate. Your bankers deeply committed to fighting fraud and are on your side. The better we can safeguard our community and increase the education and tools of our customers, the harder it is for criminals to take our money.”
The group is hopeful participants take away advice on what to do and not to do, and who to turn to and trust.
McCaulley admitted while not all bank customers are direct victims, he suggests everyone receive texts, social media messages, emails and calls attempts to take advantage.
“We hope they learn about all the different types of scams, so if they are targeted, they know the red flags immediately,” Dean, who has been with State Bank for 13 years, said. “And if it doesn't happen to them, they might be able to recognize it with a friend or family member to help protect them as well.”