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With imposter fraud on the rise, new security measures are being implemented to prevent criminals from cashing in on the convenience of Shared Branching. Starting…
Deed Fraud: What It Is and How to Protect Yourself
This edition of the Financial Literacy Blog covers what deed fraud is, how to protect your information, and what to do if you fall victim to…
FBI Boston Warns Quit Claim Deed Fraud is on the Rise
On April 1, the Boston Division of the Federal Bureau of Investigation (FBI) issued a warning to property owners and real estate agents about the…
New Maine Credit Unions’ Statewide Awareness Ad Draws Attention to Overpayment Scams
The League is pleased to share that new Statewide Awareness Campaign videos have been released across various platforms and media outlets. The new ads focus…
Counterfeit Bills Could Be Circulating in Maine
Last week, multiple news outlets reported about an East Machias man that was arrested for robbery and for trying to pass counterfeit money. According to…
Fraud Scheme Targets Mainers with Fake Arrest Warrant
Imagine receiving a letter in the mail from what appears to be a local law enforcement agency claiming that you have been accused of a…
Elise Baldacci Pens Article for CUInsight: Promoting Cybersecurity and Fraud Prevention Should Happen All Year Long
An article authored by League President Elise Baldacci is featured in the October 31 edition of CUInsight. Her commentary discusses the importance of promoting online…
Scamming Has Never Been Worse. Here’s How Mainers Can Avoid It
Jim Lemieux, President of Sebasticook Valley FCU, authored an editorial that was published in the September 25 edition of the Bangor Daily News outlining tactics scammers…
Cybersecurity Awareness Month
Today’s consumers are increasingly at risk for fraud. Sophisticated scammers are taking advantage of every opportunity they can leverage to trick people into sharing information,…
Shimming: What Is It and How Do You Protect Yourself?
Today’s highly-digital world establishes ample conveniences for day-to-day life—but it also opens the door to even more security risks and threats, especially in the world…
New Fraud Resources Available for Credit Union Use
With the constant uptick in fraudulent activity, our League is dedicated to keeping an eye on the most used and newest scams across our state…
BiteSized BankSafe Tool Now Available to Credit Unions
On June 4, Jilenne Gunther, the National Director of AARP’s BankSafe Initiative, joined the League at a Town Hall to discuss her organization’s innovative program…
Join the League in Preventing Scams This World Elder Abuse Awareness Day
World Elder Abuse Awareness Day (WEAAD) is happening tomorrow, June 15. We invite your credit union to join our League in educating members about elder…
New FTC Data Shed Light on Companies Most Frequently Impersonated by Scammers
New data from the Federal Trade Commission shows that Best Buy/Geek Squad, Amazon, and PayPal are the companies people report scammers impersonate most often. When…
New Collateral Display Helps Frontline Staff Identity and Respond to Scams
Fraudsters are ever-evolving and deceptively clever in their attempts to obtain members’ money and personal information. For many tellers and frontline staff, this means their…
Fraud Prevention Must Remain Top of Mind
Despite our industry’s best efforts, scammers are not going away any time soon. If anything, there appears to be a constant uptick in the number…
Help Your Members Protect Their Property
We know that protecting your credit union and members against fraud is your top priority. The latest addition to our Fraud Prevention Resources hub is…
Preventing Fraud in the Shared Branch Network
As the state network representative of the Shared Branch network to credit unions in Maine, Synergent is sharing important Shared Branch tips to assist your…
Online Shopping Scam Prevention
Especially at this time of year with so many purchasing holiday gifts, holiday scams are even more prevalent. Educate members on ways to prevent online…
Holiday Fraud Prevention Tips
At this time of year, when spending is high and financial activity is nearly constant from purchasing gifts and enjoying local events full of holiday…
Keeping Fraud In Check: Maine Banks Combat Rising Wave of Check Fraud
This Mainebiz article by Renee Cordes examines the rise in check fraud and highlights what Maine financial institutions are doing to prevent losses.
Don’t Forget to Apply for Your AARP BankSafe Seal
Has your credit union participated in AARP’s innovative BankSafe program to help your staff identify the signs of financial exploitation? If 80% of your frontline…
Avoiding Imposter Scams
The Financial Literacy Blog explores the dangers of imposter scams, outlining what to look for and how to avoid becoming a victim.
New Social Media Assets Developed to Warn Against Scams
Unfortunately, credit unions across the state are not seeing a decrease in the number of fraud attacks on their members. However, collectively and independently, we…
Spread Awareness Throughout the 20th Annual Cybersecurity Awareness Month
This October will mark the 20th annual Cybersecurity Awareness Month—a time to bring attention to online threats, as well as the steps people can take…