Scammers use fake caller IDs and messages that look like they’re from Members Choice Credit Union, making it hard to tell what’s real. They want you to believe their tricks so they can steal your personal information or money. To help you out, we’ve rounded up some common situations and easy tips to keep your money and info safe from these scams.
But the main thing to remember is, if you get a call, text, or email that seems off—even if it looks legit—don’t take any chances. Just hang up and call us directly at our main number 281-398-9900.
Ways Scammers Will Reach Out
Scammers are pros at pretending to be someone you trust, like your credit union. Here’s a quick rundown of the ways they might try to reach you—and how to spot the red flags.
- Fake Alerts About Your Account: You might get texts about fake charges on your debit card, trying to get you to click a link or share personal details.
- Emails That Create Panic: They’ll send emails claiming your account will be shut down if you don’t act fast.
- Urgent Phone Calls: Scammers might call and create a sense of urgency, pressuring you to act immediately.
- Social Media or Payment App Messages: They may slide into your DMs or send payment requests asking for money or personal info.
Watch Out for These Common Financial Scams
Scammers are getting sneaky, so it's good to know what to look for. Here are some of the most common financial scams to be aware of.
- Account Takeover
At the top of our list is account takeover, which is very common. Scammers try to get your bank account details to take over your account and do whatever they want with it. This happens when a scammer gets access to your account info and uses it to take your money.
- Impersonation Attacks
Scammers try to get your login information by sending you fake emails, texts, or phone calls. They can even make the calls look like they’re from the credit union on your caller ID. Usually, the scammer tricks you into giving out your account information by pretending to work for the bank.
- Social Engineering
This is when scammers play on your emotions to get your account details. They send fake emails, texts, or phone calls with urgent scenarios, like telling you that your account or automatic payments will be terminated if you don’t act immediately.
- Check deposit scam
In this scam, a fraudster gives someone a fake check to deposit. They're then asked to send back some of the money (usually by money order, wire transfer, or gift card) before the check is flagged as fake.
- Wire Fraud
Wire transfer scams are common because it's hard to reverse fraudulent wires. Scammers use various tricks to convince people to send money. They might call or email, pretending to be government agencies like the IRS or even family members, to get your account numbers.
- Investing Scam
Scammers promise big returns by getting you to invest in trendy things like cryptocurrency. They use ads, social media, and free events to lure you in, claiming you’ll make money easily. They might use fake success stories to back up their pitch. Whether it’s crypto, real estate, or other investments, they all use similar tricks to steal your money.
Easy Ways to Protect Your Money From Scams
A few simple steps can go a long way in keeping your info safe. Here’s how to stay one step ahead and protect your heard earned money.
- Be Skeptical of Unsolicited Requests: If you get any unexpected messages asking for personal info or money, reach out to Members Choice Credit Union immediately. Scammers have become really good at tricking people, so it’s always best to double-check with us if something seems off.
- Update Your Security Settings: Regularly update your passwords and security questions. Use complex passwords and avoid reusing them across different accounts.
- Monitor Your Accounts Regularly: Keep an eye on your bank statements and transaction history for any unauthorized charges or suspicious activity.
- Educate Yourself: Stay informed about common scam tactics and warning signs. Knowing what to look out for can help you avoid falling for scams.
- Report Suspicious Activity:
If you think you’ve been targeted or scammed, report it to Members Choice Credit Union immediately.
Want more tips like this? See more in our fraud center.