Basic Tips to Keep Your Account Safe

February 26, 2021 by First Federal Bank

Criminals are crafty, smart, and — for the most part — lazy. They are looking for accounts they can easily hack and information that is simple to steal. By putting up barriers, even simple ones, you can help protect your account from thieves.

Topics: Fraud Alerts/Scams

Organizing and Storing Your Online Passwords

December 25, 2020 by First Federal Bank

To safeguard your financial, private, and personal information from identity thieves and hackers, you should use unique passwords for each of your online accounts as well as for each of your devices. From email — both personal and work — and bank accounts to health portals and shopping sites, the number of passwords to keep track of can be...

Topics: Fraud Alerts/Scams, Technology

Scams are one thing you don't want to unwrap this holiday season.

December 17, 2020 by Tori Day

Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. Add to that this time of expanded use of online banking and the busy holiday shopping season, and the problem is only growing worse. The Federal Trade Commission’s report on fraud estimates that American consumers lost a...

Topics: Fraud Alerts/Scams

When To Contact Credit Card Customer Service

November 13, 2020 by First Federal Bank

Credit cards are a ubiquitous part of modern life. But while increasingly advanced websites and smartphone apps give you a lot of control over your credit cards and accounts, sometimes it is best to speak to a live customer service representative over the phone to get something done. The following are situations when making that call makes the...

Topics: Fraud Alerts/Scams, Credit Cards

Financial Fraud: How to Spot the Warning Signs

November 06, 2020 by First Federal Bank

In today’s fast-paced, online-centric world, scammers have more tools than ever to separate you from your hard-earned money. These efforts often ramp up during the holidays season. It is important to know these major warning signs for financial fraud:

Topics: Fraud Alerts/Scams, Personal Banking, Financial Education, Credit Cards

Common Fraud Scenarios for Small Businesses to Avoid

August 31, 2020 by First Federal Bank

According to the 2020 Global Study on Occupational Fraud and Abuse, businesses lose about five percent of their annual revenue to fraud. And while large businesses can implement internal checks and balances for their accounting systems, small businesses often lack the resources to do so, making them even more vulnerable to certain types of...

Topics: Fraud Alerts/Scams, Small Business, Entrepreneurship

Protect Your Online Accounts from Phishing

August 28, 2020 by First Federal Bank

Phishing is an all too common way for scammers to learn your personal information and access your financial accounts. To help prevent yourself from falling victim to a scam, it’s wise to learn exactly how phishing works. 

Topics: Fraud Alerts/Scams, Technology, Financial Education

Mobile Payment Scams to Avoid

July 29, 2020 by First Federal Bank

Apps that allow you to conduct transactions directly from your mobile phone have been quickly growing in popularity. Unfortunately, scammers try to take advantage of this convenience by tricking you into inadvertently sending them money. You can avoid this by knowing:

Topics: Fraud Alerts/Scams, Personal Banking

Elder Financial Abuse Scams to Look Out For

June 03, 2020 by First Federal Bank

Financial scams against the elderly are on the rise — and getting more sophisticated. Whether you’re looking to protect yourself or others, it’s important to stay informed about the methods that scammers use to swindle people out of their money.Romance scamsRomance scams are one of the most common ways for fraudsters to target elderly people,...

Topics: Fraud Alerts/Scams

FDIC warns of scams during time of fear and confusion

March 19, 2020 by First Federal Bank

The COVID-19 pandemic has caused havoc on Wall Street and left many with more questions than answers. The FDIC is now reporting that scammers are using this situation to mislead people into giving their personal information or, in some cases, to send money.

Topics: Fraud Alerts/Scams

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