With the government shutdown still underway, many Mainers are facing uncertainty—from delayed paychecks to questions about benefits and services. During challenging times like these, our…
Maine Credit Unions’ Financial Literacy Blog Helps Your Members Spot Scams
Fraudsters are ever evolving and deceptively clever in their attempts to obtain money and personal information. Maine credit unions are committed to providing members with…
Free Somerset County Fraud Awareness Forums
October is Fraud Awareness Month in Somerset County, and local credit unions can get involved! The Somerset Economic Development Corporation (SEDC)—in collaboration with AARP and…
Maine Credit Unions Launches Fraud Awareness Video to Protect Older Mainers
Maine Credit Unions has released a powerful new Statewide Awareness Campaign video to warn Mainers—especially older adults—about the alarming rise in fraud. Drawing on the…
Beware of Potential Texas Relief Scams in the Wake of Disaster
As the aftermath of the devastating flooding in Texas continues to capture the attention of the nation, people are looking for ways to support those…
Trending Risks Drive Significant Losses for Credit Unions
Knowing which emerging risk is right around the corner is a challenging task and one that can’t be taken lightly. Unfortunately, risks and losses fluctuate…
Cybernews Reports Large Password Breach
There has been recent coverage of a significant data breach that has impacted approximately 16 billion login credentials across 30 databases. Facebook, Google, and Apple…
AARP Releases BankSafe Dementia Hub
Ahead of World Elder Abuse Awareness Day, AARP announced last week the release of its new BankSafe Dementia Hub. Built for frontline teams, the Hub…
Preparing for New IDCheck Requirements
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…
