Debit Card Text Message Scams
Recently there have been numerous reports of text message scams across the United States and even locally, notifying consumers their debit card has been blocked and they need to call a telephone number to have it reactivated. Consumers are then asked to provide detailed information about their cards, including the card number, expiration date, PIN, etc. This type of scam is called "smishishing".
Don't fall victim to scams like this. School Systems FCU and other financial institutions will never ask for card. personal or account information via text message. Any messages you receive requesting your information via text should be considered suspicious and you should contact one of our branches directly.
DFS Warns of Scammers Using Department Name
The state Department of Financial Services is warning consumers about a new fraud scheme being carried out in New York. According to the DFS, scammers identifying themselves as department representatives are calling consumers regarding a credit union or bank “case” being “prosecuted” by the DFS against the consumer. The fraudsters—who also sometimes identify themselves as working for the Office of the Inspector General—then request personal information from the consumer.
The DFS is reminding consumers that the department does not prosecute court cases against consumers and does not represent banks or credit unions. Consumers who feel they have been targeted by scammers can file a complaint by visiting the DFS website, or calling the DFS Consumer Hotline at (800) 342-3736.