Banking scams are becoming more common and more convincing as fraudsters find new ways to target customers. From fake text messages to phone calls that appear to come directly from your bank, these scams are designed to create urgency and gain access to your personal and financial information.

Here are some of the most common banking scams happening right now and how you can stay protected:

Be cautious of unexpected messages and calls.

Scammers often use emails, text messages, and phone calls that appear to come from your bank. These messages may claim there is a problem with your account and urge you to click a link or act quickly. In reality, they are designed to direct you to fake websites or trick you into sharing sensitive information.

Be aware of payment and transfer scams.

Some scams involve convincing you to send money through wire transfers or payment apps for emergencies, purchases, or limited time offers. Once the money is sent, it can be very difficult to recover.

Watch for account takeover attempts.

If scammers gain access to your login information, they can quickly move money or make unauthorized transactions.

Stay alert for romance and relationship scams.

Fraudsters may build trust over time through social media or dating platforms, eventually asking for money due to a supposed emergency or hardship.

Do not fall for lottery or prize scams.

Messages claiming you have won a prize or sweepstakes often require you to pay a fee or provide personal information to claim your winnings. Legitimate lotteries do not work this way.

Remember that legitimate companies will never ask for sensitive information.

No legitimate company, including your bank, will ask for your PIN, password, online banking login, or full payment details through a text message, email, or unsolicited phone call. If you receive a request like this, it is a red flag.

Here are a few simple steps you can take to help guard your accounts:

• Use strong, unique passwords for your banking and financial apps.
• Enable multi factor authentication whenever available.
• Monitor your accounts regularly for unusual activity.
• Set up account alerts to stay informed in real time.
• Avoid clicking links in unexpected messages and go directly to trusted websites instead.

Click here to learn more detailed tips about how to protect your financial accounts.

If you ever believe you have been targeted by a scam or notice suspicious activity, do not wait to take action. Call our Customer Care team at 800.374.6123 or visit your local branch to get support in protecting your accounts and your financial future.

Visit our Security Center for helpful tips on identifying fraud, account protection available and steps to take if you suspect you are a victim of fraud.