A consumer loan is a type of loan product designed to help you finance large purchases, typically for personal, family, or household purposes. They work by providing you with a lump sum that you can use for any worthwhile purpose, then repay later with interest.
We’ve been made aware of fraudsters impersonating Needham Bank asking customers to verify fake transactions. The fraudsters will ask if you’ve made purchases at major retailers, withdrawn money from an ATM, or if you are traveling. Needham Bank will NEVER ask for your banking credentials or full debit card number via a phone call, email, or text message.
If you’ve received an inquiry of this nature and provided information, please contact our Customer Care Center at 781-444-2100.