Beware of Identity Theft

Identity theft is one of the fastest growing crimes in the country. According to the Privacy Rights Clearinghouse, there are between 500,000 and 700,000 cases each year in the United States alone.

And the effects can be devastating. It can take months to clear up and in the interim one’s credit record could be damaged to such an extent that getting a loan, renting an apartment or even writing a check could be next to impossible.

How can you protect yourself?

The following are some simple steps you can take to help prevent identity theft:

  • Do not give out personal information, such as account or credit card numbers, over the phone or the Internet unless you have initiated the contact, and when you do, be sure you are dealing with a reputable company.
  • Report lost or stolen checks, debit or credit cards immediately.
  • Guard your ATM and Check Card personal identification number, and treat your receipts with care.
  • Make sure your mailbox is secure and promptly remove mail when it is delivered.
  • Contact the major credit reporting agencies to review your file. A copy of your credit report is available for a small fee. The three major credit bureaus are:
    Equifax: 1-800-685-1111 
    Experian: 1-800-682-7654 
    Trans Union: 1-800-916-8800 

Ask Questions to Avoid Fake Check SCAMS

Three key questions will protect you from many scams:

  1. Why would anyone send you more money than you’re due? Just asking the question is a reminder that you rarely get something for nothing.
  2. Why do you need that information? When anyone asks for personal information—check routing numbers, driver’s license numbers, Social Security numbers, or other data—ask why it’s required. Unless you’re convinced by the answer, refuse to provide it. Never provide information when someone else originates the transaction or request for information.
  3. Is this check genuine? Even cashier’s checks can be faked. Ask a professional at the Red Wing Credit Union to examine any questionable check before selling property or withdrawing funds.

One simple rule of thumb pertains to fraud. “If something seems too good to be real, it’s not real”. If you feel suspicious about a check or an email, trust your instincts. Report scams to the National Fraud Information Center at 800-876-7060 or call the credit union.

 

 

Carelessness Can Cost You!

Many Americans are concerned about someone stealing their credit card and check or debit card numbers, but they may be ignoring one easy way thieves can access financial accounts: receipts. Disregarding receipts that have valuable information greatly increases the risk of credit and debit card fraud.

Thieves can easily find in trash cans, receipts with valid account numbers. Here are some easy steps you can take to prevent thieves from stealing your financial information:

  • Shred all pre-approved credit card offers, credit and debit card receipts, insurance forms, financial statements and other paperwork containing personal and financial information.
  • Check credit union statements and other financial statements monthly for discrepancies.
  • Order a credit report once a year to make sure no one else is using your personal information to obtain credit cards or services.
  • Don’t print your Social Security number on your checks and don’t carry your Social Security card in your wallet.

Lost or Stolen Credit Card?
   Call 1-855-632-9005 to cancel your card.

   Lost or Stolen Check Card?

   Call 1-800-472-3272 to get a new card issued, along with a different access code. You can check for unauthorized transactions against your checking account using our Online Banking service.

 
What's the Most Common Way IDs Are Stolen?

43% - Lost or stolen wallet, checkbook or credit card
19% - Accessed while making a store purchase or transaction
13% - Friends, acquaintances, relatives or in-home guests
9% - Home or work computer by hackers, viruses or spyware
3% - Stolen paper mail
1% - Phishing
1% - Accessed while making an online purchase
1% - Some other way

Statistics provided by the Javelin Strategy & Research Group

Contact Us
  • Red Wing Credit Union
    3303 North Service Drive
    Red Wing, MN 55066
  • Phone: 651-388-7133 or 1-888-388-7133 (toll free)
    Fax: 651-388-7137
Hours
  • Lobby:
    8:30 a.m. - 4:30 p.m., Mon - Fri
    8:30 a.m. - Noon, Sat
  • Drive-Up
    8:30 a.m. - 5:00 p.m., Mon - Fri
    8:30 a.m. - Noon, Sat


NCUA
Federally insured by the NCUA up to $250,000
 
Equal Housing Lender