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Recent & Common Financial Scams
Protect your financial and personal information by staying aware and informed. Below is information about a number of recent and common financial scams.
Having an ATM or debit card creates a world of convenience— not just on campus, but anywhere you go. With MSUFCU ATMs in local Quality Dairy stores, around town, and access to your account via 30,000+ ATMs on the CO-OP Network, your account is available virtually everywhere you go.
However, with convenience, awareness and safety become necessary. Protect yourself and your money by avoiding scams that involve selling or providing your card information and PIN (Personal Identification Number). While you may think you are helping out another person, you may become involved in a scam that will negatively affect your financial well-being.
Here are some helpful hints to protect your personal and financial information.
Always remember that you are responsible for your account. Never, under any circumstances, should you sell/provide your card information or PIN to anyone else. Don’t do someone a favor by giving away your card/PIN, or depositing a check for someone else. In the end, you are responsible for the activity your account.
Make yourself aware of these safety tips to protect yourself and your money!
There has been a recent increase in fraudulent text messages received by some MSUFCU members. Although these messages have not targeted MSUFCU directly, the institutions mentioned in the messages have included other credit unions based in the Mid-Michigan area. These text messages typically state that the recipient’s account has been closed or locked out and to call a long distance number in order to have it reinstated or unlocked. This message is fraudulent. MSUFCU will never contact you via text message to request account information. If you have given out any account information using the phone number provided with these fraudulent text messages, please contact us immediately.