We’ve got you covered! With the recent events impacting the financial industry, we understand you may have questions, and even concerns, about the safety of your own deposits. First, you can rest assured that as a DIF Member Bank, all deposits with MountainOne are fully insured in excess of existing FDIC coverage. Still feeling unsure? Don’t fret! Our Mountaineers are here to guide you through any uncertainty. It’s in our nature! Learn more.
We have seen a marked increase in local customers and businesses who have been tricked into thinking they need to wire money. Read about the most common scams below.
Common wire scams:
Scammers are very good at being friendly. They are also very good at fooling people, and make lots of money doing this. Follow these guidelines:
Scammers hack into your friends’ and relatives’ e-mail or Facebook Messenger account and send you messages that appear to be from your friends or relatives. If you have a business, they mimic your co-workers e-mail to make a request. They may ask you to wire money or tell you about an investment that they are making tons of money in. If you are relying solely on an electronic communication for this wire, you need to pick up the phone and call your friend, relative or business associate before you send it.
Wiring money is like sending cash. Do not wire money to people you do not know. Never wire money based solely on any form of electronic communication or text. If it is a scam, in almost all cases, you will not get it back.
Please be careful! Contact us if you have questions or need more information about how to avoid money wiring scams.