At First Minnesota Bank, we take security very seriously, and we strive to do everything possible to keep your sensitive financial information secure.
We have recently noticed an increase in fraud attempts against our customers in multiple communities. As a result, we would like to take a few minutes to educate you on the common types of fraud to prevent yourself and your loved ones from falling victim to fraud.
Common Types of Fraud:
Debit Card Scams
Debit cards are often a focus of criminals, commonly targeted at ATMs and gas stations through the use of skimming machines that read your card’s number when you use it. This allows criminals to make a copy of your card and make purchases and ATM withdrawals using your account.
Fake Check Scams
There are many variations of this fraud attempt. From someone trying to buy an item you are selling, offering you a work from home opportunity, or sending you a check for more than the needed amount.
Remember, you are responsible for the checks you deposit. If you are unsure about whether a check is legitimate, please contact us.
Gift Card Scams
In this scam, the criminal will attempt to prey on you by pretending to be a real person on a dating website. Once they’ve gained your trust, they will ask you to send them money or purchase them gift cards. If they always make excuses for not meeting-in-person, such as traveling for work or being in the military, that’s a red flag that it’s a scam.
We have experience dealing with the numerous types of fraud listed here and in the handout, and we are here to help you keep your money and your sensitive financial information secure. If you are unsure about any financial transaction, please don’t hesitate to contact your local branch.