Consumer Risk

Did you know?
24.9 million Americans lost an estimated $8.9 billion to telephone scams*

Members willingly give away their personal information and then get tricked into authorizing wires, ACH, plastic card, and other types of monetary transactions. Protecting members from themselves is a tricky proposition. Watch this video and access the resources to learn how you can help educate and protect your members.

*2018 Truecaller Report
This resource is for informational purposes only. It does not constitute legal advice. Please consult your legal advisors regarding this or any other legal issues relating to your credit union. Any examples provided have been simplified to give you an overview of the importance of selecting appropriate coverage limits, insuring-to-value, and implementing loss prevention techniques. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Insurance products offered to financial institutions and their affiliates are underwritten by CUMIS Insurance Society, Inc. or CUMIS Specialty Insurance Company, members of the CUNA Mutual Group.