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Catholic Federal Credit Union Financial Fitness Blog

If it’s Too Good to be True… It Probably Is!

Posted by Tiffany DeGarmo, VP Risk Management & Compliance on Mar 26, 2015 4:05:06 PM

Have you received a congratulations email on winning the lottery?  Or maybe one is claiming that your long-lost relative in a foreign land needs help getting back to the United States?  How about a phone call from a ‘bill collector’ or a letter in the mail notifying you of a balance owing that must be paid or the police will be at your door?  There are multiple ways this communication can be sent and received, but a common theme amongst them all is they want you to send them something – money!  Maybe not right off the bat, but eventually these scammers will either gain your trust or scare you into giving them enough personal identifying information to do real damage.

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Topics: fraud protection

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We're happy you're here. Our blog gives us another way to communicate with you in a fun, relaxed way. Don't worry; we won't be selling you anything. We just want to share a more personal part of ourselves so you can get to know the lighter side of the credit union. Our goal is to improve your financial well-being, we'll also share helpful financial tips and recommendations covering everything from students loans to retirement planning, and dream vacations to budgeting, many from our own personal experiences. After all, we're still people helping people, as we have been for 60 plus years. Now we just have more ways to reach out and help. 

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