Financial fraud and cybersecurity threats are a complex reality, countered by tools for prevention, response, and member support and education. The League encourages member credit unions to take full advantage of these to protect not only their own resources, but also those of peer institutions.
Take Action Against Fraud in Your Community
Fraud and scams—especially those targeting older adults—are on the rise. The new Friends Against Fraud initiative, led by the Carolinas Credit Union League, equips credit unions and their community partners with the tools to fight back.
Ready to make a difference?
Click below to learn how you can access training, download resources, and host events that educate and empower your community.
CCUL Fraud Alerts
Stay informed on trending fraud issues in the Carolinas via the CCUL Fraud Alerts Group! This is a private network for League members, featuring e-fraud alerts, group feed discussion, and a library of reports submitted by the League and peers. Join today and contribute to supporting the security and integrity of our member institutions.
Get StartedFraud Resources
- Reporting fraud, tips, and criminal matters
- Federal Bureau of Investigation (FBI)
- For Consumers: Report Fraud (FTC)
- Department of Health & Human Services, Office of Inspector General (Health care fraud reporting resource)
- National Center for Disaster Fraud, DOJ (Report disaster-related fraud)
- Securities and Exchange Commission (SEC) (submit a tip for securities fraud and investment schemes)
- Check fraud resources for credit unions
In its first issue for 2024, the Federal Reserve System’s Consumer Compliance Outlook gives firm attention to the rising problem of check fraud. The Financial Crimes Enforcement Network (FinCEN) details that financial institutions filed 680,000 suspicious activity reports for possible check fraud in 2022, a significant increase from 2021. Below is a combination of resources recommended by the Federal Reserve and your League to respond to check fraud:- U.S. Treasury Check Verification System (TCVS)
- U.S. Treasury Check Security Features Presentation
- U.S. Postal Inspection Service: Tips & Prevention
- Advanced Fraud Solutions: TrueChecks®, the industry’s leading check fraud detection software
- FinCEN: Alert on Nationwide Surge in Mail Theft-Related Check Fraud Schemes
- Credit union staff training resources
- Consumer education, outreach & resources
- Office of Comptroller of the Currency – Fraud Resources
- IRS: Consumers — Recognize Tax Scams
- Investors Title — Fraud Protection Resources
- FTC: Pass It On | Consumer Advice
- IC3 PSA to Older Americans on Reporting Financial Fraud (Video)
- Preventing Financial Abuse Pamphlet (Department of Justice (DOJ)
North Carolina
- Identity Theft (NCDOJ)
- Identity Theft (NCSBI)
- Elderly Abuse (NCDHHS)
- Taxes (NCDOR)
- Secretary of State Tips and Compliant Forms
South Carolina
The National Credit Union Administration (NCUA) maintains several fraud-focused resources for credit unions and consumers. Here’s a list of the top resources we recommend.
- New! Elder Financial Exploitation Prevention Toolkit – To support the critical role credit unions play in preventing elder financial exploitation, the AACUL League System is proud to offer this complimentary and customizable toolkit, which includes member-facing educational content to raise awareness, social media and outreach materials for community engagement, staff guides, checklists, and conversation starters, and practical tools to support frontline teams.
- TruStage offers a Protection Resource Center for clients, which includes risk alerts, webinars and education resources, loss prevention resources, and more.
- CUNA Strategic Services regularly provides free webinars and an archive of on-demand webinars