did you know...?

Payment apps like Venmo and Cash App were intended to pay someone you know and trust almost instantaneously through an electronic device.  While paying this way is very convenient, some users might neglect the “know and trust” part of this intention.  With the dramatic increase usage of payment apps during this time of social distancing, there has also been a significant increase of fraud and scams related to these real-time payment services.

It has become more important than ever to know who you are dealing with when sharing confidential information like your name, date of birth, and even your card number.  We have some helpful tips when PROTECTING YOUR IDENTITY.  Know and trust that Schofield Federal Credit Union will be here, Helping Our Members Achieve Financial Freedom.