Certificate or Money Market?

Are you looking to generate income from your savings? Why not have your hard-earned money get out there and work for you? Well, we can certainly help by getting you started in either a Money Market or Certificate account.

But how do you decide which is best for you? Certainly, each investment has advantages and disadvantages. By figuring out market conditions alongside your own financial circumstances, you can work to make the best decision to fit your needs.

What is a Certificate?

A certificate is a special type of deposit that earns dividend income. When you invest in a certificate, you are depositing your money into the credit union for a pre-determined length of time (often 1 year and up). At the end of that time, your deposit “matures” and you are returned your money with the additional dividend payment. Generally, (and this can vary) the longer you keep your funds in a certificate, the higher the yield. What’s more is that many folks don’t know these funds are federally insured by the National Credit Union Association (NCUA).

The catch: Should you need access to your funds earlier than the term agreed upon, you’ll likely pay an early withdrawal fee. You may even lose some or all of the money accrued.

What is a Money Market Account?

Money Market accounts are like savings accounts but often pay you higher rates. Like a certificate, they too are federally insured and so have very little risk. Money Markets usually require a higher minimum balance and while you can make withdrawals, the number of withdrawals you are able to make over a given time is restricted. Thus, they are less liquid than a checking account but more liquid than many other investments, for example.

The catch: If you are not planning on using the funds in your Money Market account, you may be missing out on a higher yield.

What are some of the differences between the two?

  • When you invest in a certificate, everything is pretty clearly defined from the get-go. You can calculate the expected earnings. You also know your fixed rate and how long you plan to tie up your funds.
  • It may be harder to plan long-term with a Money Market account, as the rates vary over time and the funds aren’t locked up for any particular term length. This makes calculating your investment results less clear.
  • With a certificate, the longer the term, the more likely you will receive a higher yield. This can be advantageous, should rates decrease as you are tied to a better rate. Of course, you won’t have immediate access to your funds for a longer period of time.
  • Money Market accounts are easier to access than certificates. Although, keep in mind that there are limits on the number of withdrawals you can make.
  • Both Money Market accounts and certificates are federally insured by the NCUA up to $250k.
  • With Money Market accounts the dividend rate is directly proportional to your deposit amount and not to maturity (as is the case with a certificate). That being said, Money Market accounts might make more sense to a larger depositor.

So which is right for me?

Each of these products have their benefits. However, if you’ve a higher cash balance but need quick access to your funds, a Money Market account might make more sense for you. On the other hand, if you don’t mind locking up your savings for a bit, then you may want to look into a certificate.

Clearly, we all have our own, unique financial situation. If you are looking into investing, it’s never a bad idea to get in touch with a financial advisor, or learn more on our website investment page.

Wauna Specialty Accounts: Certificate, Money Market, and IRA Accounts

A Career for Life

Wauna Credit Union’s Vision Statement is to be the financial institution that members choose first, use the most, and grow with throughout their lives. That’s an extremely important part of who we are, and how we make decisions. Everything we do is with a long-term outlook, even if it means giving a short-term loan to prevent long-term financial troubles.

There’s another philosophy that goes hand-in-hand with that, we also want to be an employer that people can grow with throughout their lives. Not only does it mean we can continue to serve our members by keeping our great employees, but we also provide opportunities for professional and career growth for those employees. Visiting the WCU Career page at waunafcu.org/about/careers will give you an idea of the type of jobs we have to offer.

Lidia Sanchez exemplifies the rewards of this philosophy. Lidia was a part-time Member Service Representative at the Safeway branch, and rejoined the credit union in 2016 as a Member Consultant in the Warrenton Branch after taking some time off when her son Asher was born. She quickly became part of the WCU community.  When a position opened up in the Astoria Communication Center, Lidia took the leap and applied.

Lidia at desk
Helping our members always puts a smile on Lidia’s face

“It was hard to leave Warrenton,” said Lidia. “My coworkers and our regulars had become like family to me, but the position at the Communication Center was a great opportunity.”

“Lidia was always quick with a smile, and worked hard to deliver the service that our members expect at Wauna,” said her manager at Warrenton Loren, who herself has recently took on new responsibilities at the credit union.  “We miss her, but we’re so glad to see her learn new skills and help even more of our members.”

Lidia quickly jumped in with both feet, learning the ropes and establishing herself as key member of the Communications Center team that helps members from all over the footprint.  “In many ways working at the Communications Center is the same as working in a branch,” said Lidia. “We still have our regulars, but instead of seeing them face-to-face I get to talk to them on the phone.  It’s fun to hear about the things that are going on in Clatskanie, St. Helens, Scappoose and Vernonia, in addition to the events going on out my front door in Astoria, Warrenton, and Long Beach.”

Lidia isn’t done moving up at the CU. We’re proud to announce that she is joining the Mortgage Team as a Real Estate Loan Processor, where she’ll assist members get a Strong Mortgage with WCU to buy their first home, build their dream home, or even help solidify their retirement by buying an investment property.

Asher getting a new account
Setting a good example for her son Asher helps Lidia stay focused.

Professional development isn’t important for Lidia just because of the increased job responsibilities, but the example it sets for Asher. “I want to show him what his mom can achieve by working hard,” said Lidia. “I look at the opportunities I can provide, and the example I can set for him, by showing him what he can achieve.  Wauna has given me so many opportunities, and I look around and see so many more. I plan to be here a long time, and am so thankful I chose to apply two years ago.

If you’re interested in starting a career at Wauna there are many great openings right now.

July Statement Insert – Here and Now Certificate, Go Places With VISA, Summer is for Fun

JULY Statement Page 1

HERE and NOW CERTIFICATE
Our only mission is to provide opportunities for
our members to build their financial well-being.
July 2018 2.018%* APY
13-Month
$500 Min.
Enjoy “Here & Now” Rate! Reach your savings goals faster!
Now is the time to put your savings to work for you! Make the
most of what you have without the risk of stocks or other more volatile
investments. Enjoy our “Here & Now” Certificate Special, and turn up the
volume on that passive income.

*APY=Annual Percentage Yield. This special Certificate Account is for New Money only for a term of 13 months and offers an APY of 2.018%; the Dividend Rate is 2.00%. Deposits to this account may not originate from another Wauna Credit Union deposit account. Minimum deposit required to open this special
Certificate account and to obtain the published APY: $500.00. Deposits from other Wauna CU accounts may be accepted into the new Certificate Account once the New Money minimum deposit equals $10,000. Some fees could reduce earnings. This special 13-Month Certificate also available as an IRA. Early withdrawal penalty: We may impose a penalty if you withdraw any of the principle before the maturity date, or the renewal date if it is a renewal account. This special offer is available July 2, 2018, through July 31, 2018, and may be terminated
without notification. Membership with Wauna Credit Union required to be eligible for this special offer. Please contact Wauna Credit Union for membership eligibility details. All deposits up to $250,000 are insured by the National Credit Union Administration, and backed by the full faith and credit of the U.S. government.

Wauna Credit Union
waunafcu.org l 800-773-3236
NMLS# 421867

JULY Statement Page 2

Summer Is For FUN & We Make Fun Affordable!

Wauna Credit Union offers affordable loans for RVs, boats, motorcycles and other fun & sun loving vehicles to make your days memorable.
Take that cross country RV trip with your family, motorcycle through the mountains, boat down the coast, or jet ski your local lake or river.
You can follow the fun, without breaking your budget. Stop delaying your adventure and apply today!
Apply 24/7 800-773-3236 waunafcu.org

60 Days No Payments on RVs, Boats, Motorcycles!

New/Used purchases qualify for 60-Days No Payments.
1% Cash Rebate AND 60-DaysNo Payments for Refinances
from elsewhere!
Promotional terms available July 9 – August 31, 2018.

*Special Promotion Terms: New & used RV-Recreational Vehicle (includes: motor home, trailer, boat, motorcycle, ATV, side-by-sides, watercraft) loans qualify for 60-Days No Payments (interest will continue to accrue during the 60-Day period). Maximum Loan: $50,000. Qualifying loans refinanced from elsewhere to Wauna CU receive: 1. An immediate Cash Rebate equal to 1% of the approved loan value [Note: the full amount of the promotional cash rebate remitted to member may be forfeit if less than 50% of the total funded loan balance remains in the account 120 days after the loan funding date]; and, 2. 60-Days No Payments (interest will continue to accrue during the 60-day period). Minimum loan amount to qualify for special terms: $2,000; Maximum Loan: $50,000; maximum rebate allowed is $500 per loan. These special financing terms end at close of business August 31, 2018. Rates & financing are offered based on applicant’s credit worthiness and term of the loan. Membership with Wauna CU required to qualify for this special offer.

Our 2018 Scholarship Winners
Wauna Credit Union is thrilled to announce our 2018 Scholarship recipients. This year, we had so many amazing applicants, we actually added more money to our scholarship fund! We gave $11,500 in support to our member student this year!

Congratulations to the following:
Hannah Mather, Astoria
Jordan Kenney, Clatskanie
Madeline Moravec, Clatskanie
Maisy Horness, Clatskanie
Chloe Davidson, Clatskanie
Autumn Crawford, Clatskanie
Alaina Schwartz, Clatskanie
Sierra Bechdoldt, Clatskanie
Jaden Miethe, Knappa
Megan Clark, Rainier
Nada Jones, Rainier
Kaitlyn Bakkensen, Scappoose
Madelynn Hall, Scappoose
Payton Wolf, Vernonia
Bethany Stockwell, Vernonia
Odessa Roberts, Vernonia
Rebekah Barnes, Vernonia
Grace Travis, Warrenton

Go Places With VISA
Be sure to take a Wauna Credit Union VISA Credit Card on your travels – safer than cash or Debit Cards & very affordable! We also offer loans for that dream vacation you’ve been wanting to take – the kids keep getting older.

Fee Schedule Page 1

Wauna Credit Union Fee Changes
Effective August 15, 2018
Cards
Card payment by phone
$15.00
per
transaction
Non-CO-OP ATM withdrawals
$2.50
per
withdrawal
Safe Deposit Boxes
3” x 5” Box
$35.00
annually
3” x 10” Box
$50.00
annually
5” x 10” Box
$60.00
annually
10” x 10”
$85.00
annually
SDB Late Fee
(<30 days)
$20.00
per month
Services
Account research/Balancing
$45.00
per hour (min 1 hour)
Carfax
$20.00
per item
Dormant Account (12 mo. inactivity)
$10.00
monthly
Legal Process Fee (Garnishment/Levy)
$125.00
per item
Line Of Credit over limit fee
$35.00
per item
Skip-A-Payment
$40.00
per skip
Stop Payment
$30.00
per item
Unclaimed
Property Notices
$15.00
per item
Undeliverable Mail Fee
$10.00
per item
Wires
Intl. Wire Research or Tracking
$45.00
per item
Business Accounts
Money Services Business Checking
– Cash Handling
Fee >$150k
$35.00
monthly
$15.00
per $25k increment
Line of Credit Renewal
$250.00
per item
Questions? Contact us at
800-773-3236 or waunafcu.org.
Find a full rate sheet at
waunafcu.org or at any branch.

Fee Schedule Page 2

WAUNA CREDIT UNION
MEMBERSHIP &
ACCOUNT AGREEMENT
Summary of Changes to Account
Agreement and Disclosures 2018
Revised Aug. 1, 2018
Funds Availability Policy
Section 1- General Policy
Added to end of section: Interactive Teller Machines (ITMs): When
the ITM is staffed, deposits are being made at a staffed facility. When
the ITM is not staffed, deposits are being made at an ATM. The funds
will be made available according to the General Policy.
Membership & Account Agreement
Section 8a. Endorsements
Added to end of paragraph: For mobile deposits, we may refuse
checks lacking a restrictive endorsement, such as “for mobile deposit
only”.
Section 26. Inactive Accounts
Deleted from first sentence: “your account falls below any minimum
balance”. Minimum balance is not needed along with inactivity for
specified period for account to be classified as inactive or dormant.
4th sentence was deleted: You authorize us to transfer funds from
another account of yours to cover any service fees, if applicable. To
the extent allowed by law, we reserve the right to transfer the account
funds to an account payable and to suspend any further account
statements.
Section 29. Termination of membership
Added to end of paragraph: A member who fails to complete
payment of one share within 3 months of admission to membership,
or within 3 months from the increase in the par value of shares or
a member who reduces the share balance below the par value of
one share, either through voluntary withdrawal of funds or through
involuntary assessment of fees and charges, and does not increase the
balance to at least the par value of one share within 3 months of the
reduction will be terminated from membership.
Electronic Funds Transfer
Section 1. EFT Services, b. Debit Card
Added to end of section: Card Information Updates and
Authorizations. If you have authorized a merchant to bill charges to
your card on a recurring basis, it is your responsibility to notify the
merchant in the event your card is replaced, your card information
(such as card number and expiration date) changes, or the account
associated with your card is closed. However, if your card is replaced
or card information changes, you authorize us, without obligation on
our part, to provide the updated card information to the merchant in
order to permit the merchant to bill recurring charges to the card. You
authorize us to apply such recurring charges to the card until you notify
us that you have revoked authorization for the charges to your card.
Your card is automatically enrolled in an information updating service.
Through this service, your updated card information (such as card
number and expiration date) may be shared with participating
merchants to facilitate continued recurring charges. Updates are not
guaranteed before your next payment to a merchant is due. You are
responsible for making direct payment until recurring charges resume.
To revoke your authorization allowing us to provide updated card
information to a merchant, please contact us.

Introducing Our New Podcast Wauna Talk

At Wauna Credit Union our mission is to provide opportunities for our members to build their financial well-being. That doesn’t just mean offering the best products with great rates, or offering the latest in technological innovations for our members. It also means educating people on how to manage, and grow, their finances, as well as providing tips on financial best practices.

That’s why we’re so excited to introduce the first episode of our podcast, Wauna Talk. Wauna Talk aims to provide a quick look at financial matters that affect members.

In the first edition Josh Rein (hey that’s me!) and Michael Murdoch discuss the new U-Banking platform. Take a listen, and don’t worry we’ll keep improving that audio quality.

June Anniversaries

Wauna Credit Union has been serving members of the towns and cities surrounding the Columbia River for 51 years. We’re continuing to grow (if you want to join us check out our careers page). Those who are into astrology say that people born in June are friendly, conscientious, full of great ideas, and always trying to do their best. We’re not sure if that is supposed to hold true for the people who celebrate Anniversaries in June as well, but we think so.

Jeannie Byrum – 2 years
What is your current position?
I’m an MC in the Clatskanie Branch. I grew up here, so it’s really rewarding to help my friends and neighbors, whether it’s something small like cashing a check, or something big like helping them get started buying a car, house, or starting a business. Jeannie being fancy and her fiance

What is something that working at WCU has taught you?
WCU has taught me so much, but one of the great things is that being yourself is really important. We’re taught to have real conversations with our members, and really listen to them to make sure we are helping in every way we can. Sometimes I go to other places and it’s like a robot is helping me. By being myself, I’m not only having fun, but providing great member service.

If you could choose one new hobby what would it be?
Well right now I’m planning a wedding, so maybe being a wedding planner like J. Lo! Really though, I love doing things like floating down the Deschutes, hiking and camping. I’d make a great explorer.

Hugo Potts – 1 year
What is your current position?
I am a Lending Support Specialist, I assist our internal members with any questions they may have about vehicle, Personal, or Lifestyle loans. I also, help our mortgage department.

What is something that working at WCU has taught you?
At Wauna we participate in a program called The Member Advantage. It’s our approach to service that ensures we are listening to our members to learn what financial products will help them realize their financial dreams. These guidelines to listening well are tactics I use not only at work, but in my personal life too.

If you could choose one new hobby what would it be?
I would travel more and see the world! The first place I would visit is Japan.

Autumn Crawford – 1 year
What is your current position?
I am the intern for the operations team, I make sure that the mail gets done and help people in operations with whatever they need. I have been able to meet with all of the different areas(IT, accounting, HR, Lending, MC’s) in the company over the past year and I have learned so much about what each area of the bank does.

What is something that working at WCU has taught you?
This is my first job and I also did my senior project here, so what haven’t I learned. I think the biggest thing that I learned is teamwork. Everybody works together to get things done, nobody is ever too busy to answer a question you have or help someone else out.

If you could choose one new hobby what would it be?
This isn’t really a “new hobby” because I took lessons as a kid but if I had the time I would love to start playing piano again. To me music is really relaxing and I feel that out of the many instruments that I used to play piano is my favorite.

Others

  • Monica Lauber – 14 Years
  • Jacob Humphries – 4 Years
  • kerbie Belknap – 2 Years
  • Caleb Yankus– 1 Year

May Anniversaries

Wauna Credit Union has been serving members of the towns and cities surrounding the Columbia River for 51 years. We’re continuing to grow (if you want to join us check out our careers page). May I introduce you to the employees who celebrated anniversaries in May?

And if you haven’t had a chance to read about Debi Smiley, who has been with the credit union for 30 years. Read that post here

Laura Wells – 6 years
What is your current position?
I’m an Accountant.. Much of my job is to review and balance the activity that our members and employees did the day before.  I also monitor Wauna’s own corporate account daily to ensure we always have sufficient cash on hand.  The credit union recently acquired a couple of ITMs (Interactive Teller Machines) that were installed in our Long Beach and Clatskanie branches.  This new technology is innovative and exciting, but the balancing side of them is quite different from our normal ATMs, so figuring out all their quirks and the best ways to balance their GLs was one of the big projects I spent time working on over the past year.

What is something that working at WCU has taught you?
Working at Wauna has taught me a lot about teamwork.  The credit union isn’t just comprised of a bunch of different departments and branches who never talk to each other, and in order for things to run smoothly and efficiently, everybody works together to make that happen!Laura Up high

If you could choose one new hobby what would it be?
If I had all the time in the world I can think of a lot of things I’d like to get into or pick back up, but with the weather turning beautiful again one thing I would love to get into gardening…without killing everything I touch!

 

Elizabeth Ziegler – 1 year
What is your current position?
I am a Member Consultant in the Scappoose Branch. My job is to assist members in every aspect of their banking like applying for loans, completing every day account transactions, setting up their online banking, and in general making sure everybody is have a great time being a WCU member!Elizabeth helping a member

What is something that working at WCU has taught you?
Working at Wauna has taught me to be diligent and a good communicator. Good communication is so important to how we relate to one another.

If you could choose one new hobby what would it be?
If I could choose one new hobby I would be a professional traveler. I’d love to explore the world. My goal would be to visit a new country every month. I’ve been to over 15 different countries so far.

Others

  • Loren Ames – 9 Years
  • Jennifer Clark – 2 Years
  • Devyn Osborne – 1 Year
  • Ashlee Gilbertson – 1 Year

Free Financial Education Webinars

Whether it’s helping you save for a house, make sure you have money for retirement, or just assisting in helping you meet your daily needs, Wauna Credit Union is here to serve our members, and ensure your financial well-being. One of the ways we do this is through financial education.

We have teamed with BALANCE Financial Education to offer our members six free webinars on a variety of topics to help you realize your dreams.  Even if you can’t attend one of the free webinars, we have many financial education resources on our website, including;

Balance Financial Education for Adults BALANCE Education for adults

Elements of Money - Financial Ed for Teens Elements of Money for teenagers

M3 Money Club For Kids M3 Money Club for younger kids

JUNE — BASICS OF PERSONAL FINANCE
From managing daily expenses to investing for retirement, this webinar helps participants set personal finance goals, learn the basics of smart money management, and build a solid financial foundation for the future

Session 1: Tuesday, June 5, 2018
Time: 10:30 a.m. – 11:30 a.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/730424653146013955

Session 2: Thursday, June 14, 2018
Time: 5:30 p.m. – 6:30 p.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/730424653146013955

 

JULY — USING CREDIT CARDS WISELY
A credit card can be a valuable financial tool. However, before racking up big charges on multiple cards, participants should learn smart ways to handle their credit cards and take a disciplined approach.

Session 1: Tuesday, July 10, 2018
Time: 10:30 a.m. – 11:30 a.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/9063245048060404227

Session 2: Thursday, July 19, 2018
Time: 5:30 p.m. – 6:30 p.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/9063245048060404227

 

AUGUST — DRIVE AWAY HAPPY: CAR-BUYING DECISIONS
Getting a car can be overwhelming and stressful with all the decisions to make: new or used; buy or lease; zero percent financing or rebate (not to mention what color to pick). Participants will learn tips and tricks to have the best car shopping experience possible, while also making wise financing decisions.

Session 1: Tuesday, August 7, 2018
Time: 10:30 a.m. – 11:30 a.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/3263578497262937603

Session 2: Thursday, August 16, 2018
Time: 5:30 p.m. – 6:30 p.m. (PST)
Sign Up: https://register.gotowebinar.com/rt/3263578497262937603

June Statement Insert – Auto Loans, Go Places With VISA Strong Mortgages

Apply for an auto loan 24/7

It’s 1 a.m., and you just got approved
for an auto loan over the phone. Boom!
You’ll be car shopping in the morning.
At Wauna Credit Union, this is what we do!
24/7 Loan applications by phone!
800-773-3236
Federally Insured by NCUA
Equal Housing Opportunity

Strong Mortgages and Go Places With VISA

Strong Mortgages
From Wauna Credit Union
Apply 24/7
800-773-3236
waunafcu.org
Equal Housing Opportunity

Go Places w/VISA
For the best rates, rewards,
convenience & security, take our
Wauna Credit Union VISA Credit
Card everywhere you go!

The U-Banking Revolution

We’re one week into our new U-Banking platform, and have begun to hear great feedback from out members about the new ways it is letting them stay on top of their finances, and manage their money from their mobile devices. We’re incredibly pleased to see that the work we put into developing the platform and choosing the right partners is paying off for our members. U-Banking is still new, so there are still people getting up to speed on all that it can do.

U-Banking Logo
U-Banking is all about you

We’ve highlighted a few areas that people really seem to like. We really mean it when we say U-Banking is all about you though. It’s jam-packed with new things, so the below are just a morsel of what it has to offer.

New mobile app. It’s no secret that the U-Banking app is a huge step up in terms of both form and functionality. Our app is now truly an extension of our website, you can transfer money to other accounts, pay your bills on the go, stay on top of your finances with our all-encompassing money management tool MX, and even deposit your checks without ever leaving your couch. Download the app today at the Apple App Store or on Google Play.

Bill Pay is now integrated into our app, and is right there on your U-Banking internet banking page. If you haven’t given Bill Pay a try, it’s super easy to get started. Bill Pay lets you easily track which bills are due and how much you paid last time. You can even schedule — or cancel — payments with the click of a button. No more worrying about when bills are due, whether you paid them or not, or what your password is to pay online.

Account Management is so much more customizable and easy to use. Do you want to add another person to your account? Maybe you want to transfer money to a non-WCU account, or even pay your WCU credit card directly. With U-Banking you can do all of that. Not to mention with MX you can import all of your accounts into U-Banking and stay on top of your finances in one place.

What’s your favorite thing about U-Banking? We love to hear from our members, so let us know.

Fraudsters and skimmers, oh my!

Related imageSkimmers are sneaky little devices, which fraudsters affix to ATMs or other machines that accept credit or debit card transactions. The skimmer then secretly swipes your card information whenever you slip your card into the affected machine. These pesky gadgets have been around for years. But thieves are continually improving them and their usage doesn’t seem to stop!

Recently, a credit union in Washington reported an increase in card fraud because of a skimmer thought to be located at a nearby gas station. Wauna Credit Union can take steps to prevent and detect skimmers placed on our own ATMs and ITMs. But it is impossible for us to protect all of our members from skimmers elsewhere.

However, we won’t let you face the skimmers of the world unarmed. So, here are some tips and tricks on how you can take extra precaution when using your card at an ATM or other machine and avoid these irksome skimming devices:

  • When you can, use ATMs, ITMs, and gas pumps that are familiar. The more routine the visit to the machine is, the more likely someone has been checking regularly to detect potential issues.Image result for skimming device
  • Look for evidence of tampering! For example, some gas pumps will place a security seal over the portion of the gas pump that controls the card reader. A broken seal a strong indication that the card reader has been tampered with.
  • Is the gas station unfamiliar to you? try comparing the card reader at your pump with card readers at other pumps. If there is a discrepancy, pay inside, use a different pump, or find a different gas station. An extra minute or two could save you a huge headache.
  • When possible, run the transaction as a credit transaction instead of a PIN transaction.
  • If using an ATM that is located inside of a convenience or grocery store, look for evidence of tampering. Ways to detect a skimmer include lightly pulling on the card reader and pin pad to ensure neither easily detach from the machine and by paying attention to colors and graphics on the machine that appear to be different than what should be expected.
  • Pay attention to anyone who appears to be loitering or otherwise hanging around a machine with no visible purpose. If this is the case, use a different machine. Report the suspicious person to the business. Always ensure you are covering the PIN pad when typing in your PIN number.
  • Regularly monitor credit card and account statements and look for discrepancies. By keeping an eye on your statements and creating alerts in online banking for unusual activity, you proactively fighting fraud. Contact us right away if something seems out of the ordinary.

Making sure that you are aware of how to detect skimming devices can go a long way towards keeping you and your finances safe.