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Nutter Fort council declines WesBanco positive-pay service after recent fraud
Summary
After reporting fraudulent activity on a WesBanco checking account, the council voted unanimously to decline the bank's ACH, check and payee Positive Pay service (estimated $20/month per account for 22 accounts) at this time.
Councilors discussed recent fraudulent activity on a town checking account at WesBanco and the bank's recommended ACH, check and payee Positive Pay protection at an estimated $20 per month per account. Council considered the service for all 22 town accounts but expressed concern about cost and the possibility of lost local B&O tax revenue if the town banks outside municipal limits.
Councilor Charlene Louk moved to decline the WesBanco Positive Pay service at this time and revisit the decision if fraud reoccurs; Councilor Karen Phillips seconded the motion and it passed by unanimous roll call.
