Please be aware – New Scam

We would like to be sure that you are aware of a recent fraud trend in which the scammer calls you, claims that your financial institution is under investigation, and asks for your help to catch employees doing something wrong. Don't ask any questions of the staff. Of course, they will lie because, again, the institution is under investigation. Just wire out those funds, and the scammers will be sure to send them back to you later. Thanks so much for your help!

Of course, the reality is that your financial institution is not under investigation, and your funds are now gone and cannot be retrieved. We have been lucky and have not had members who have fallen for this, but others have lost large sums of money.

If you or your parents, as this is often a scam geared to our more senior folks, get such a call, do not take the requested actions. Rather, check with your local police department or the NCUA for credit unions, the OCC for banks, or your state department of banking. Please be careful and take a moment to think about what is being asked of you, and don't keep secrets. Talk to friends. Talk to family. Talk to the police. Keep your funds safe.