Knowledge Is The Key To Combatting Fraud

Knowledge Is The Key To Combatting Fraud

The Federal Trade Commission received fraud reports from 2.6 million consumers in 2023. The most commonly reported scams were imposter scams, followed by online shopping issues and prize/sweepstake/lottery scams. At Armco Credit Union, imposter scams and tech support...
Slow your scroll: Spot and avoid social media giveaway scams

Slow your scroll: Spot and avoid social media giveaway scams

By Terri Miller, Consumer Education Specialist, FTC You may have heard us say when you’re shopping online, check things out before checkout. The same advice applies to giveaways on social media sites like Facebook and Instagram. Here’s why: One in four people who...
Secure Your Mobile Wallet

Secure Your Mobile Wallet

There are many mobile applications that allow you to carry out most of your personal finance transactions online and on the go. To keep your financial data safe, keep these security tips in mind: Enable a passcode/password on your phone. This will ensure that no one...
Safeguarding Seniors: Combatting Financial Scams with Vigilance

Safeguarding Seniors: Combatting Financial Scams with Vigilance

Elder financial scams are on the rise, with a nearly 50 percent increase in suspected fraud against seniors in 2023 (Thomson Reuters).  It’s more important than ever to protect the older people in our lives from these innovative scammers. The #1 Elder Financial...