Westerra Blog

Bitcoin and other cryptocurrencies can sound exciting, but they’ve also become a powerful tool for scammers. A growing scheme is targeting people in our community, convincing them to withdraw large sums of cash and deposit it into Bitcoin machines.

When communities face hardship, the desire to help others runs high. Unfortunately, so does fraudulent activity.

In today's digital age, scams are becoming increasingly sophisticated, and it's crucial to stay vigilant. At Westerra Credit Union, we want to ensure that our community is well-informed and protected against these threats.

A recent article was featured in Banking Business Network of our CEO Steve Schmidle on how to avoid Scammers. This article details different tactics used by scammers in order to get your information and tips on how to best avoid them.

Members should be aware of increased phishing activity where scammers are spoofing Westerra phone numbers to try to access personal information and account numbers from members.

While the holiday season is known for generosity and giving, it's also a time for scammers to try to line their stockings with your hard-earned money and personal information. In the spirit of the season, we have compiled our "12 Days of Fraud Prevention."

We have been notified of fraudsters impersonating Westerra employees attempting to gain access to sensitive account information. Westerra will never request for you to provide your online account password or passcode over the phone or through text message.

Here is a list of common scams fraudsters use and what members should look out for during the holiday season.