Kate Ashford, a writer for NerdWallet is a Certified Senior Advisor (CSA)® with more than 18 years of experience writing about personal finance, recently wrote an article regarding mail theft and check fraud. Her original article “Stop Using Paper Checks Already”, is featured on NerdWallet’s website and was picked up by the Associated Press and… Read Full Article »
Posts Categorized: Education
Fake check scams are on the rise!
The EEFCU has noticed an increase in Fake Check Scams recently. We encourage our members to consider whether a check is valid prior to endorsing and cashing it. Anytime you receive a unexpected check from an person or organization, do your research. Checks from Sweepstakes, Lotteries or Grants are most often fraudulent. Also over-payments for… Read Full Article »
ATM’s – a Safe, Easy, and Convenient alternative to going to the Credit Union
ATM’s offer a quick, easy and convenient solution for members to get cash, make deposits, or check account balances. With a EEFCU ATM or VISA EMV CheckCard, you are able to access over 30,000 surcharge-free ATM’s nation wide. Whether you are looking for an ATM in your neighborhood, out shopping, or while traveling, you can… Read Full Article »
What is Regulation D?
Member Notification of Federal Regulation D Regulation D FAQs What is Regulation D? What transactions are not affected by Regulation D? What are my options once an account has reached its Reg. D limit? If an account used for Overdraft Protection has reached its Reg. D limit, will overdraft requests be honored? I have authorized… Read Full Article »
Did You Know…
Did you know… You can make deposits at ATM’s? Check to make sure the ATM takes deposits then follow the instructions on the ATM. You can search for ATM’s near you on the EEFCU website or Mobile App? On our website, go to Resources, then Helpful Links. Under Plastic Card Information find Credit Union… Read Full Article »
EEFCU VISA Text Fraud Alerts Help Combat Card Fraud
It seems that reports of cyber crimes including card breaches and database hacks are becoming a daily occurrence. While cyber crimes are a growing world wide problem, fraud security and monitoring are constantly being updated to battle the problem. Even with the best safeguards in place, remember that you are your own best defense against… Read Full Article »
Reminder, Foreign Countries are Blocked.
Reminder, Foreign Countries are Blocked. This holiday season, the EEFCU expects to see an increase in our members using their Visa EMV for online purchases. When using your card online, remember, some websites have their processing sites outside the United States. So, while you may think you are ordering from a site based with in the… Read Full Article »
Have you heard of Shimming?
The EEFCU would like to share some information with you regarding a credit/debit card shimming. The following is a part of an article from Krebs Security that we believe explains shimming and offers ways to protect yourself. As the US banks continue to make the shift to chip-based credit and debit cards, a new form… Read Full Article »
Help Yourself Stay Safe This Season
7 Tips to Avoid Identity Theft Every two seconds an American becomes a victim of identity theft. If the thought of having to clean up your credit report because someone stole your identity frightens you, and you don’t want to become another statistic; here are some tips to stack the odds in your favor. … Read Full Article »
Protect your Privacy
As the holidays approach, it will become even more important to be vigilant with your money and privacy matters. The holiday’s while filled with hustle and bustle, fun and family, is the perfect time for criminals to take advantage of unexpecting, unprepared and distracted individuals. Here are a few safety reminders from My Credit Union.gov… Read Full Article »