Understanding what are scams and different types of fraud is essential to protecting your financial security. This article from the NCUA and MyCreditUnion.Gov provides an overview of common schemes, how they work, and the steps you can take to safeguard your personal and financial information.
Reporting Suspected Fraud to the NCUA
Credit union members, volunteers, and staff can submit anonymous tips about potential fraud situations to the NCUA’s toll-free Fraud Hotline at 800.827.9650.
Fraud tips can submitted electronically through the NCUA’s website. Individuals can remain anonymous or provide contact information for appropriate agency staff to discuss their fraud concerns. The new form also allows for a description of the fraud and other critical information to assist in the evaluation of the reported concerns.
Helpful Resources:
What is MyCreditUnion.gov?
Financial education resource
MyCreditUnion.gov is a financial education resource provided by the National Credit Union Administration (NCUA). It aims to help credit union members and consumers manage and protect their money through various financial literacy tools and educational materials. The site offers information on managing money, tackling common financial issues, and accessing credit union services.