Beware of Bank-Related Scams

In light of recent bank failures, CISA warns consumers to beware of potential scams requesting your money or sensitive personal information. Exercise caution in handling emails with bank-related subject lines, attachments, or links. In addition, be wary of social media pleas, texts, or door-to-door solicitations relating to any failed bank.

The Federal Deposit Insurance Corporation (FDIC), the “Receiver” of failed banks, would never contact you asking for personal details, such as bank account information, credit and debit card numbers, social security numbers, or passwords.

To avoid becoming victims of scams, consumers should review the following resources and take preventative measures:

CISA: Avoiding Social Engineering and Phishing Attacks
FDIC Consumer News: Beware, It’s a Scam!
FDIC Consumer News: Scammers Pretending to be the FDIC
FDIC: Failed Bank Information for Silicon Valley Bank, Santa Clara, CA
FDIC: Failed Bank Information for Signature Bank, New York, NY
CISA: Phishing Infographic 

Consider reporting scams and fraud to the police and file a report with the Federal Trade Commission.

Please share your thoughts. We recently updated our anonymous Product Feedback Survey and we’d welcome your feedback.

Privacy Preferences
When you visit our website, it may store information through your browser from specific services, usually in form of cookies. Here you can change your privacy preferences. Please note that blocking some types of cookies may impact your experience on our website and the services we offer.