Safe Banking for Seniors
Posted On: June 15, 2023 by San Luis Valley Federal Bank in: Financial Education
We are joining the American Bankers Association Foundation’s Safe Banking for Seniors campaign. We will mobilize bankers across the Valley to educate older Americans, their caregivers, and other family members about identifying and preventing elder financial exploitation.
Pay Yourself Scam
Posted On: September 7, 2022 by San Luis Valley Federal Bank in: Financial Education
Scammers are always creating new ways to steal your money. One of the recent scams utilizing peer-to-peer payment services is what's known as the "Pay Yourself Scam."
The gist of the scam is that someone pretending to be a representative from your bank or credit union tells you that there has been a fraudulent transaction, and in order to stop it, you need to send yourself money with Zelle®. That sense of urgency really works...