Total Bank
| Primary URL | Location | Industry | totalbank[.]com |
Country
United States of America
|
Financial Services
|
|---|
Profile
Total Bank operates as a commercial bank providing a range of financial services to individuals and businesses. It is headquartered in the United States of America. The bank’s core offerings include deposit products such as checking and savings accounts, as well as various loan products for consumers and commercial clients. In addition, Total Bank provides payment processing services, electronic funds transfers, and other typical retail banking functions. Its activities are conducted under the oversight of federal banking regulators and state banking authorities, which set standards for capital adequacy, consumer protection, and operational safety. While the precise scale of its operations—such as the number of branches, total assets, or customer base—is not detailed in the publicly available sources referenced here, the institution functions within the broader U.S. banking sector. As a participant in that sector, Total Bank adheres to industry practices aimed at safeguarding customer funds and maintaining the integrity of the financial system.
On July 3, 2014, Total Bank experienced a cybersecurity incident in which an unauthorized third party gained access to its computer network. The breach potentially exposed sensitive personal and financial information for approximately 72,500 individuals. The compromised data included names, mailing addresses, account numbers, account balances, Social Security numbers, and driver’s license information. In response to the incident, Total Bank offered affected customers twelve months of complimentary credit monitoring services to help detect and mitigate potential identity theft. This remedial action was intended to address the heightened risk of fraud stemming from the exposed identifiers and to provide affected persons with tools for monitoring their credit profiles. The event highlighted the importance of robust information security controls within financial institutions and prompted the bank to evaluate and strengthen its protective measures. Although specific details regarding Total Bank’s ownership structure, parent company, or subsidiary relationships are not disclosed in the available sources, the bank continues to operate as a regulated financial institution under U.S. law.