Fraud Alert: Beware of Scam Calls Posing as Your Financial Institution

It’s a frustrating reality—scammers are becoming increasingly sophisticated every day, and one of the most common tricks? Pretending to be reputable financial institutions, like Wyhy Federal Credit Union or other trusted names in credit unions in Wyoming, with scam calls meant to obtain personal and financial information.

These scammers use high-pressure tactics, hoping to catch you off-guard by creating a sense of panic. The caller might warn about “unusual transactions” on your account or claim a “fraudulent charge” that requires immediate action. Don’t fall for it!

Tips for Staying Safe

First and foremost, remember that Wyhy Federal Credit Union and similar institutions will rarely ask for sensitive information, like your card number or PIN, over the phone. They already have secure methods to verify your identity without requiring you to disclose such details on an unsolicited call.

Stay alert for these warning signs:

• Urgency or Threats: Scammers often try to scare you into making a quick decision. If the caller sounds alarmed or threatens account closure, take a step back.
• Request for Sensitive Information: Financial institutions won’t ask you to provide or confirm your PIN, card information, or social security number out of the blue.
• Unfamiliar Phone Number: Scam calls may come from numbers that don’t match your credit union's official contact information. End the call, look up the official number, and call back directly if you’re unsure.

Steps to Take If You Receive a Suspicious Call

If you think you’re receiving a scam call, hang up immediately. You can contact your financial institution, like Wyhy Federal, using the number listed on their official website to verify any claims. Reporting these incidents is also essential—it helps protect others and alerts your credit union to possible fraudulent activities.

Have you experienced scam calls or know someone who has? Share your story below or spread the word by sharing this post—let’s help protect our community together! #ScamAlert #WyomingCredit #CreditUnionSafety