Fraud Prevention Center
Protect Yourself From a New Check Deposit Scam
The Summit has become aware of a scam that usually targets young people who have access to an ATM/debit card. In the scam, a fraudster contacts someone (a “helper”), often via social media. The fraudster makes a deal to deposit a check into the helper’s account, withdraw half (or another amount) of the money, and leave the remaining half for the helper to keep.
When the check is found to be fraudulent, the helper becomes an accomplice to the crime and is responsible for all the money withdrawn. In some cases, the helper gives the fraudster his or her ATM card and PIN, making it easy for the fraudster to withdraw more money from the account.
Never let anyone make a transaction into or from your account and never loan or give out your ATM card and PIN. Be very suspicious of any promise of free money.
Fraud Prevention is available at your fingertips
Purchase Alerts is a free service that helps you monitor your Summit Visa® Debit and Credit Card transactions through real-time email and text message notifications. Not only are these alerts a great tool to help you track your spending, but they also give you peace of mind knowing that your cards are being monitored for unauthorized transactions.
Having these alerts offers the ability to:
Immediately identify potential fraudulent activity by sending transaction alerts in real-time.
Take an active role in managing your transactions, tracking your spending, and staying on top of your account balances.
Receive notifications about when and where your card was used, as well as the dollar amount of the transaction.
You can sign up to receive the following alerts:
Authorizations for $1 or more
All phone or online purchases
All transactions outside of the United States
All gas purchases
To enroll in Purchase Alerts, visit the Purchase Alerts Website or access the link within Online Banking. On the navigation bar under “Credit Cards” or “Debit Cards”, click “Visa Credit Purchase Alerts” to be taken to the Visa website for Purchase Alerts. Each card needs to be entered in the system separately, including new cards of a previously-enrolled account. For more information, you can visit the Visa Purchase Alert FAQs.
If you have any questions, please contact our Member Service Center at (585) 453-7030 or (800) 836-7328 extension 7030.
The Summit does not charge a fee for this service. If Purchase Alerts are sent to you via text message, standard text messaging rates may apply. Check your plan or contact your wireless provider if you aren’t sure whether additional fees might apply. Authorizations will be sent to you as they are received, which can be any time during the day or night, and may be dependent on your service availability. The Summit is not responsible for an alert not being sent or received. You may also cancel whenever you choose. You must be joint/co-borrower to link a card.
Fraudulent activity is on the rise
In today’s digital world, it’s important to be on the lookout for fraudulent activity and to know how to safeguard yourself against it. At The Summit, we monitor this kind of activity on daily – and even hourly – basis.
If you’re planning to travel out of the area on vacation or have experienced an issue using your Summit Visa® Debit Card for purchases, please give our Member Service Center a call at (585) 453-7030 or (800) 836-7328 extension 7030 so we can ensure that your transactions are processed seamlessly.
Identity theft is one of the most prevalent crimes in America today. You’ll find resources and advice below to help protect you from this growing problem.
How fraudsters obtain personal information:
Dumpster Diving: Going through trash to find bills and papers with personal information on it.
Phishing: Posing as financial institutions or companies like eBay or PayPal and sending spam or pop-up messages to get consumers to reveal personal information. Phishing can also be in the form of text messages asking for your personal information, or asking you to call a fake phone number or visit a fake website.
Skimming: Stealing credit/debit card numbers by using a special storage device when processing your card.
Property Theft: Stealing wallets and purses; mail, including credit union, bank and credit card statements; pre-approved credit offers; and new checks or tax information.
Spyware: Tricking victims into downloading illicit software when they open an attachment by recording keystrokes to get credit card numbers and passwords.
How to prevent ID theft:
Here are 8 quick tips on how to protect yourself against scams:
- Never give any personal information to anyone, unless it is someone you have contacted directly. Personal information should never be provided to an unsolicited email, text or phone call. At The Summit, we will never call you and ask for personal information. If you get a call from someone that says they are from The Summit and they are asking for personal account information, hang up and give us a call.
- Don’t respond to a text message or phone call from a number you don’t recognize.
- Always check your account and credit card statements for any unusual activity. If there is any unexplained transaction activity, report it to us as soon as possible.
- Keep your debit and credit cards in a safe place. We recommend carrying the minimum number of debit and credit cards as possible. Cards that are not carried with you should be kept in a secured location.
- Never give anyone your Personal Identification Number (PIN) number.
- When you’re online, make sure that you’re on a secure website before making a payment. Always verify the website address is correct in the address bar. We also recommend not accessing your bank account when on public WIFI.
- Never click on any links or open any attached files in a spam email, even if it looks like it is from someone on your contact list.
What to do if it happens to you:
File a police report.
If your Summit checkbook, Visa® Debit Card or Visa® Credit Card is stolen, report it to us as soon as possible. Contact The Summit’s Member Service Center at (585) 453-7030 or (800) 836-SFCU extension 7030 during business hours, or (800) 682-6075 for credit cards after 5pm.
Cancel lost cards immediately. Close accounts that have been tampered with. As a precaution, make photocopies of both sides of the contents of your wallet and keep the copies in a safe place. If anything should happen, you will have copies of your cards, complete with account numbers and contact information.
Contact the credit reporting agencies and ask them to place a fraud alert on your reports. With an alert in place, any company checking your credit will know your information was stolen and they must contact you by phone to authorize new credit. Visit the credit report page of our website for contact information.
If the crime involves mail, you can report mail fraud to the U.S. Postal Inspection Service at (877) 876-2455.
For additional information on ID Theft, visit the following websites:
Fraud and Identity Theft Tip Sheet: Facts and statistics, how to protect your identity, what to do if you become a victim, and contact information for credit reporting agencies.
Report Your Valid Passport Lost or Stolen: Information and resources to report your Passport lost or stolen.
Better Business Bureau: Take the quiz and get tips on prevention.
New York State Consumer Protection Board: Information and resources to help reduce your risk of ID theft.
Anti-Phishing Working Group: How to avoid Phishing scams.
National Fraud Information Center: Advice, trends, and more.