Phishing Scams & Red Flags
Every day, money is lost to online phishing scams. Strengthen your online bank account by following these easy steps:- Enable multi-factor authentication on top of your username and password.
- Using a strong and unique password.
- Update your software and devices.
- Use antivirus software on your computer.
Being able to spot shady emails, phone calls and text by knowing the things no bank would ever ask can help you stay protected.
Email Scams
Email scams account for 96 percent of all phishing attacks, making email the most popular tool for scammers. Often, they will disguise the email to look and sound like it’s from your bank.
Avoid clicking suspicious links
If an email pressures you to click a link—whether it’s to verify your login credentials or make a payment, it’s a scam. A bank will never ask you to do that. Before you click on a link, hover over it to reveal where it really leads. When in doubt, call your bank directly, or visit their website by typing the URL directly into your browser.
Raise the red flag on scare tactics
Banks will never use scare tactics, threats or high-pressure language to get you to act quickly, but scammers will. Demands for urgent action should put you on high alert. No matter how authentic an email may appear, never reply with personal information like your password, PIN or social security number.
Be skeptical of the email received
In the same way defensive driving prevents car accidents, treating incoming email as a potential risk will protect you from scams. Fraudulent emails can appear very convincing, using official language and logos and even similar URLs. Always be alert.
Watch for attachments and typos
Your bank will never send attachments like a PDF in an unexpected email. Misspellings and poor grammar are also warning signs of a phishing scam.
What to do if you fall for an email scam
- Change your password if you clicked on a link and entered any personal information like your username and password into a fake site.
- Contact your bank directly to notify them you may have fallen victim to an email scam.
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If you have lost money, file a report with the local police department.
- File a complaint with the Federal Trade Commission or call 877.382.4357.
Phone Call Scams
Scammers will impersonate the bank over the phone—some times acting friendly and helpful and other times threaten or scare—asking for personal information or get you to send them money.
Watch out for a false sense of urgency
Scammers count on getting you to act before you think, usually by including a threat. A scammer might say “act now or your account will be closed” or “we’ve detected suspicious activity on your account”. Don’t give into the pressure.
Never give out sensitive information
Never share sensitive information like your bank password, PIN or one-time login code with someone who calls you unexpectedly—even if they say they’re from your bank. Banks may need to verify personal information if you call them, but never the other way around.
Don't rely on caller ID
Scammers can make any number or name appear on your caller ID. Even if your phone shows it’s your bank calling, it could be anyone
Hang up, even if it sounds legit
Whether it’s a scammer posing as your bank or a real call, stay safe by ending unexpected calls and contact your bank directly.
What to do if you fall for an email scam
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If you gave out personal information, go to IdentityTheft.gov to see what steps to take, including how to monitor your credit.
- Change your password if you shared any sort of username or password.
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If you have lost money, file a report with the local police department.
- File a complaint with the Federal Trade Commission or call 877.382.4357.
Text Message Scams
Phishing text messages attempt to trick you into sharing personal information like your password, PIN or social security number to gain access to your bank account.
Slow down and think before you act
Acting too quickly when you receive phishing text messages can result in unintentionally giving scammers access to your account and your money. Scammers want you to feel confused and rushed, which is always a red flag.
Don't click links
Never click on a link sent via text message—especially if it asks you to sign into your bank account. Scammers often use this technique to steal your username and
password. When in doubt, visit your bank’s website by typing the URL directly into your browser or login to your banking app.
password. When in doubt, visit your bank’s website by typing the URL directly into your browser or login to your banking app.
Never send personal information
Your bank will never ask for your PIN, password or one-time login code in a text message. If you receive a text message asking for personal information, it’s a scam.
Delete the message
Don’t risk accidentally replying to or saving a fraudulent text message on your phone. If you are reporting the message, take a screenshot to share, then delete it. As long as you don't respond to the messages and delete them, your information is safe.
What to do if you fall for a phishing text message
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Change your password If you clicked on a link and entered any sort ofusername and password into a fake site.
- Contact your bank directly to notify them you may have fallen victim to an text message scam.
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If you have lost money, file a report with the local police department.
- File a complaint with the Federal Trade Commission or call 877.382.4357.
Mobile Payment App Scams
Scams using payment apps such as Cash App, PayPal, Venmo or Zelle®, are one the rise as growing platforms become increasingly popular. It only takes seconds for a scammer to access your money.
Be wary of texts or calls about payment apps
Payment app scams often start with a phone call or text. If you get an unexpected call, just hang up. If you get an unexpected text, delete it. Even when they seem legitimate, you should always verify by calling your bank or payment app’s
customer service number.
customer service number.
Use payment apps to pay friends and family only
Don’t send money to someone you don’t know or have never met in person. These payment apps are just like handing cash to someone.
Raise the alarm on urgent payment requests
Scammers rely on creating a sense of urgency to get you to act without thinking. They might claim your account is in danger of being closed or threaten you with legal action. These high pressure tactics are red flags of a scam.
Avoid unusual payment methods
Banks will never ask you to pay bills using a payment app or ask you to send money to yourself. Scammers can “spoof” email addresses and phone numbers on caller ID to look like they’re from your bank, even when they’re not. When in doubt, reach out to your bank directly.
What to do if you get scammed on a payment app
- Notify the payment app platform directly and ask them to reverse the charge.
- If you linked the app to a credit card or debit card, report the fraud to your credit card company or bank.
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If you have lost money, file a report with the local police department.
- File a complaint with the Federal Trade Commission or call 877.382.4357.