Protecting Yourself From Identity Theft: How Your Credit Union Helps Secure Your Data
Identity theft is one of the fastest-growing crimes in the world. From phishing scams to data breaches, cybercriminals are constantly finding new ways to steal personal information. But while the threat is real, there are effective ways to stay protected, especially when you bank with a trusted credit union that prioritizes your security.
Here’s how we help safeguard your information, along with identity theft protection tips you can follow to keep your data secure.
How to Prevent Identity Theft
Protecting yourself starts with understanding how identity theft happens. Criminals often target personal details such as your Social Security number, online banking credentials, or credit card information. Once they have access, they may open new accounts, make unauthorized purchases, or even apply for loans in your name.
To reduce your risk:
- Use strong, unique passwords for your online accounts and change them regularly
- Enable two-factor authentication whenever possible
- Avoid public Wi-Fi when accessing financial information
- Monitor your accounts for any unfamiliar charges or transactions
- Shred sensitive documents before disposal
Even the most cautious members can become targets, which is why choosing a financial partner with built-in identity theft protection services is important.
Credit Union Identity Theft Protection Services
Service Credit is dedicated to protecting our members information around the clock. Our systems include:
- Real-time fraud monitoring: We continuously scan for unusual activity on your accounts and will alert you immediately if something looks suspicious
- Secure online and mobile banking: Multi-layer authentication and encryption help ensure your data stays private
- Free account alerts: Get text or email notifications for large transactions, low balances, and other account activity so you can act quickly if something doesn’t look right
- Card controls in our mobile app: Instantly lock or unlock your debit and credit cards if they’re ever misplaced
These tools work together to strengthen your financial security and give you peace of mind every time you bank online or in person.
What to Do If You Suspect Identity Theft
If you think your information has been compromised, take immediate action:
- Contact Service Credit Union right away so we can freeze your account and attempt to stop any fraudulent transactions
- Change your passwords for all financial and email accounts
- Freeze or place fraud alerts on your credit reports with the three major credit bureaus
- If applicable, report the theft to the Federal Trade Commission at IdentityTheft.gov
Acting quickly can minimize the damage and help restore your financial security faster.
Common Questions About Identity Theft Protection
How can I protect myself from identity theft?
By staying alert, using strong passwords, and banking with a credit union that provides advanced data protection services.
How can I help avoid identity theft when using my credit info online?
Only shop on secure websites (look for “https,”which stands for Hypertext Transfer Protocol Secure, in the URL), avoid saving payment details on shared devices, and never share personal information over email or text.
Does the NCUA cover identity theft?
The NCUA (National Credit Union Administration) protects your funds up to $250,000, but it does not cover losses from identity theft. That’s why proactive protection is key.
Take Control of Your Financial Security
From cutting-edge technology to real-time support, we’re here to help you bank with confidence.
Learn more about our identity theft protection services and how we help keep your information safe at servicecu.org/resources/security-center/
