Make a Payment Rates About Careers Contact Locations

Loved One Needs Money Asap? Scam Alert.

October 4, 2023 Posing as your child, grandchild or other loved one is an all-time low even for scammers, but they do it – because they know people act spontaneously in crisis or panic mode. Especially when it involves helping a family member.

How to spot a “family emergency imposter scam” or “grandparent scam”:

  • Scammers call or send an email, posing as an authority figure like a lawyer or police officer. They can even “spoof” the caller ID to make it seem like the call is coming from a legitimate source.
  • There’s urgency involved. Usually a grandchild or other family member is sick, in danger or in legal trouble and needs money right away.
  • Scammers often ask for that money through a wire or payment app, like Cash App or Zelle®. Or, they may want you to buy gift cards and send them pictures of the front and back of those cards.
  • Scammers are even using artificial intelligence to “mimic” the voice of a trusted loved one – a few seconds of their social media content is all scammers need.

What to do if you get a call like this:

  • First, remember that real lawyers or police officers would never ask for payment like this. Don’t be pressured into sending money.
  • Hang up immediately and contact your family at their direct numbers – in all likelihood, you’ll be relieved to find they are perfectly ok!
  • Call local law enforcement directly.
  • with the Federal Communications Commission (FCC).
Getting an urgent call like this is alarming, but knowing the signs of this type of scam can help you, and your loved ones, be better prepared for a scam attempt. If you think you’ve been a victim of a scammer impersonating a loved one, contact your financial institution right away. Summit members, you can reach us at 800-236-5560. Source:
You might also be interested in For many, Social Security is a main source of income later in life, and no one wants to lose out on those funds or a perceived opportunity for more be If there’s anything we know for sure about scammers, it’s that they’re going to take advantage of new technology. Artificial Intelligence (AI) is crea With over 500 million daily active users, Instagram has become a popular app for sharing photos, connecting with friends and even following the lives “My daughter was excited to watch her high school team play for the state title. To livestream the game, she clicked what she thought was an official Fraudsters are getting trickier by the day, and it can be tough to tell if that email, text or online ad is fake or legit. Especially when they pose a For many, Social Security is a main source of income later in life, and no one wants to lose out on those funds or a perceived opportunity for more be Whether you’re grabbing a bite to eat at an airport restaurant or at a happy hour after work, chances are you’ll see a QR (quick response) code on the Whether you need some cash to pay off holiday debt, get snow tires or cover a surprise medical bill, be aware that loan scammer are all too eager to o Scammers love fresh opportunity and they’ve found it in cryptocurrency, like Bitcoin and many others. Along with running investment scams, crypto frau Featured Products Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Certificates Checking Accounts Home Equity Loans Home Loans Business Banking Financial Education Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts Upcoming Events Programs Tools & Calculators On-demand Webinars Podcasts About Equity in Money™ About Summit Careers News Community Giving Equity in Money™ About Summit Careers News Community Giving Help & Support Contact Us Member Support Center Schedule an Appointment Find a Branch Contact Us Member Support Center Schedule an Appointment Find a Branch Please read the following before proceeding to: The website you are about to visit is solely the responsibility of the merchant or other party providing the site. The content of this third-party site, including materials and information, is solely the responsibility of the provider of the site. The Credit Union is not responsible for any such third-party content. Any transactions that you enter into with a vendor, merchant or other party that you access through this third-party site are solely between you and that vendor, merchant or other party. The Credit Union does not endorse the content contained in this third-party site, nor the organization publishing the site, and hereby disclaims any responsibility for such content. The Credit Union Privacy Policy does not apply to this third-party site, and for further information you should consult the privacy disclosures of the third-party site. NCUA Insurance Estimator Privacy, Security & Accessibility Rates, Fees, Terms & Disclosures Routing Number The Wisconsin's #1 Mortgage Lender designation is based on the number of loans in 2022, gathered from the Home Mortgage Disclosure Act data compiled annually by the Consumer Financial Protection Bureau. The results of the data were obtained through the LEI: 254900NTAC4H10MGSU23 **  SBA Lender of the Year Award for Credit Unions as awarded by the Small Business Administration of Wisconsin in 2023. Copyright 2024 © Summit Credit Union. All rights reserved. If you are using a screen reader and are having problems using this website, please call 608-243-5000 for assistance. Insured by NCUA