City of Storm Lake Addresses Shazam Banking Issue, Unexpected Withdrawals Occurring

The City of Storm Lake has been made aware of a widespread banking issue involving financial services and payment provider Shazam.

According to information sent by Storm Lake Communications Director Dana Larsen, the issue involves deposits and withdrawals from the 2015 time period that are being repeated at the present time. Shazam/FED and financial institutions are aware of the problem and are working to correct those transactions as soon as possible.

If incorrect deposits or withdrawals are not reversed, contact your bank to address the issue. Contact your bank or financial professional regarding questions on how the situation impacts an individual account.

No account private data has been compromised, according to information received by the City of Storm Lake.