Financial Fundamentals Blog

Fraud is on the rise, and there are so many different ways the scammers try to take advantage of people. Learn about the most popular scams and how to recognize the warning signs. Staying vigilant is the best way to protect yourself.

7 17 Credit Union is committed to providing our members with the safest online and mobile banking experience that we can by implementing the most sophisticated security technology. But we can’t do it alone. We want you, our members, to be aware of the measures you can take to safeguard your information. While we’ve compiled a...

Knowing the signs of elder financial abuse can help protect yourself or your loved ones. Seniors are increasingly becoming targets for financial abuse. People over the age of 50 control over 70 percent of the nation’s wealth, and fraudsters are using new tactics to take advantage of the growing number of older Americans. Senior abuse is estimated to have cost victims at least $2.9 billion in the last year alone.

They might sound cute and clever, but phishing, vishing and smishing are anything but that. Let’s take a look at these common attempts to steal your personal information and how you can protect yourself.

Feeling the pressure of the Holidays already? Don’t worry, we have some tips on how online and mobile banking can truly make the Holidays the most wonderful time of the year.

Ready to get away this summer? We hear you! Just don’t fall prey to a fraudster. Here are four tips to steering clear of travel scams this summer.

Navigating the world of college and financial aid is no easy task. Tuition can be expensive, which puts added stress on families because they’re on the hunt for scholarships, grants and other financial aid.

Fraudulent unemployment claims have reached dramatic levels during the pandemic. Claims continue to rise across the United States, and Ohio is no exception. According to the Ohio Department of Job and Family Services, over 128,000 claims were filed in March of 2021. Of those 128,000 claims, at least 19,000 have been flagged as...

Fraudsters will stop at nothing to gain personal information, and when they succeed, the end result can be disastrous. One type of fraud that is gaining traction is account takeover fraud, or ATO. Account takeover fraud, also known as account compromise, occurs when a cyber-attacker gains control of a legitimate account.

Ready to do some spring cleaning? Nothing feels more satisfying than refreshing your home, but what about refreshing your finances? Finances are something that often gets missed in the spring cleaning process, but it’s just as important to do.

Keep yourself safe from telephone scams

Though the Federal Trade Commission (FTC) reports that tax-related identity theft is on the decline, it’s still a possibility. Here are a few signs that could indicate you’re a victim.