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Honesty & Transparency When it Comes to Fraud

By: Milestone / 17 Jan 2024
Elderly couple holding hands
My Grandpa Roy always said, "there is no modesty in the doctor's office". To protect your health, you need to be transparent with your doctor. To protect your wealth, you need to be honest with your credit union representative. While doctors are trained to improve your overall health, here at Mid Minnesota Federal Credit Union we are trained to improve your financial well-being. When your friendly teller asks you questions that may be uncomfortable, we listen for clues to save our members from a loss to fraud. The origins of a check, the destination of your large cash withdrawal, and the circumstances of your latest Craigslist or Facebook Marketplace transactions are all subject to more questions. In some cases, the fraudster coaches their victims to answer in a certain way – this is always a scam. If you are honest with your teller or member service representative, we can identify the fraud and help you stop the scam before it escalates. Unfortunately, in many cases of fraud, once your hard-earned money is gone, it is gone. It could also leave you owing money to pay for the loss. The landscape of fraud is always changing, and our staff is trained to help identify situations that could put your financial future at risk. Therefore, we don't ask these questions to be invasive, but to see a clear picture of the situation. Please help us by sharing as much as possible; and, just like the doctor, it is all confidential. If you have any questions or concerns about your finances, please contact us at (218) 829-0371 or visit a branch near you.
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