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? Impersonating 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 “suspicious activity” on your account or claim a “card compromise” that requires immediate action. Don’t fall for it!

Here’s How You Can Stay 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 suspension of services, take a step back.
• Request for Sensitive Information: Financial institutions won’t ask you to provide or confirm your personal identification number, 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. Hang up, look up the official number, and call back directly if you’re unsure.

What to Do If You Suspect a Scam Call

If you think you’re receiving a scam call, terminate the call right away. You can contact your financial institution, like Wyhy Federal, using the number listed on their official website to confirm 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