Protect Yourself from Scams and Fraud with UT Federal Credit Union


At UT Federal Credit Union, we deeply value our members' trust and strive to provide the highest level of security for your financial assets. In today's digital age, scams and frauds are more prevalent than ever, posing significant threats to your financial well-being. That's why we are committed to educating you on how to protect yourself from these risks.

Understanding the Threat

Scams and fraud can come in many forms, often disguised as legitimate requests or opportunities. Fraudsters use various methods to trick you into sharing personal and financial information. Knowing how to identify and avoid these tactics is your first line of defense.

Your Personal and Financial Information is Safe with UTFCU

As your trusted financial institution, UT Federal Credit Union will never contact you to ask for personal or financial information. We already have this information stored safely and securely. Any request for such details via phone, email, text, or social media is a red flag. Remember, sharing personal and financial information such as account and card numbers, online passwords, and PIN numbers can make you a target for fraudsters.

Common Targets for Fraudsters

Fraudsters often target specific areas to exploit your information. Be particularly vigilant with:

  • P2P (Person to Person) Payments: Apps like Zelle, Venmo, and Cash App.
  • Online Banking and Bill Payment: Secure your online banking credentials and monitor your transactions.
  • Check Deposit and Payment Applications: Be cautious with remote deposit services.
  • Person to Person Money Transfers and Outgoing Wires: Verify recipients and amounts before authorizing transfers.

Recognizing Phishing Methods

Phishing is a common tactic used by fraudsters to steal your information. They may use:

  • Social Media: Fake profiles or messages claiming to be from trusted sources.
  • Phone Calls: Impersonating bank officials or customer service agents.
  • Text Messages: Messages with links to fake websites or requests for information.
  • Emails: Emails that look legitimate but contain malicious links or attachments.

Monitoring Your Accounts

One of the best ways to protect yourself is to monitor your accounts and transactions daily. The UTFCU mobile app makes this easy and convenient. By keeping a close eye on your account activity, you can quickly spot and report any suspicious transactions.

Stay Informed and Protected

Thank you for being a member of UT Federal Credit Union. We encourage you to download our mobile app and sign up for text alerts to stay informed and protected. For additional information and tips on scam awareness, visit our Scam Awareness Page.

By staying informed and vigilant, you can help protect yourself from scams and fraud. Your security is our priority at UT Federal Credit Union. If you have any questions or need assistance, please do not hesitate to contact us.

« Return to "Blog" Go to main navigation