A 530A Account (Commonly referred to as a “Trump Account”) is a special savings and investment account for children under age 18. Eligible children born between January 1, 2025, and December 31, 2028, may receive a one-time $1,000 contribution from the federal government. [irs.gov], [irs.gov] For official information, visit IRS Trump Accounts at https://www.irs.gov/trumpaccounts and […]
At Your Legacy Federal Credit Union, we believe looking out for one another is part of who we are. That includes helping our members recognize when something might not be right—especially when it comes to protecting older family members and loved ones from financial abuse. Elder financial exploitation can happen quietly and often involves someone […]
Tax season is stressful enough on its own—but in 2026, scammers are more active and more sophisticated than ever. With new filing rules, the discontinuation of certain government‑run systems, and increasing use of AI to impersonate officials, taxpayers are facing a wide range of deceptive schemes designed to steal refunds, personal information, or even entire […]
With Valentine’s Day just passed, love is STILL in the air. And while getting hit by Cupid’s arrow can often feel new and exciting, it’s important to be wary of a fairy tale romance that turns out to be too good to be true. Sweetheart or romance scams are on the rise, which involve scammers […]
Contactless payments have revolutionized how we shop, dine, and travel. With a simple tap, transactions are faster and more convenient than ever. But as technology evolves, so do the tactics of fraudsters. One emerging threat is ghost tapping, a form of NFC skimming that exploits the very convenience we love. Here’s what you need to […]
At Your Legacy Federal Credit Union, protecting your personal and financial information is more than a responsibility—it’s a promise. As part of Cybersecurity Awareness Month, we’re sharing a quick checklist to help you stay safe online. Because when it comes to security, we’re in this together. Email & Phishing Awareness Think before you click—don’t open […]
You may have seen new machines in convenience stores or gas stations labeled “Crypto ATM” or “Bitcoin ATM.” They work a lot like regular ATMs — except instead of withdrawing or depositing cash into your bank account, you’re buying cryptocurrency. While these machines are legitimate for people who understand cryptocurrency, scammers have found a way […]
Have you ever answered a call that looked like it was from your bank (or credit union!), a government agency, or even a neighbor—only to find out it was a scam? If so, you may have been the target of phone number spoofing. Let’s break down what that means, how it works, and most importantly, […]
As digital banking becomes increasingly prevalent, scammers are developing more sophisticated methods to target credit union members. Understanding these emerging threats is crucial for protecting your financial well-being. Here's a comprehensive look at the most prevalent scams and how to guard against them. One of the most insidious modern schemes is known as "pig butchering" […]
In a recent incident at a Chicago Target store, what started as an innocent request for a $20 donation turned into a dangerous and costly encounter for one couple. The Incident A couple was approached by two men claiming they needed donations for a brother’s funeral. When the couple agreed to donate $20 the scammers […]
Keep Your Holiday Travel Merry and Secure The holiday season means increased travel – and unfortunately, increased opportunities for scammers. Here are essential tips to protect yourself and your finances while traveling. Before You Leave Notify our credit union of your travel plans to prevent card blocks Set up mobile banking alerts to monitor your […]
Your Legacy Federal Credit Union is committed to protecting our members from financial fraud. We’ve prepared this guide to help you stay safe from gift card scams. How Gift Card Scams Operate Scammers often pose as authority figures or organizations you trust. They may claim to be from the IRS, a utility company, or even […]
The campaign focuses on the top four ways to stay safe online: Use strong passwords and a password manager Turn on multifactor authentication Recognize and report phishing Update software Strong passwords include non-dictionary words or common names, full phrases, letters, numbers, and symbols, capital letters and lowercase. For instance, instead of using a loved […]
We’ve gotten so many reports of the tech support scam here in Seneca County, so we wanted to touch base and let you know the truth behind the lies scammers tell. It’s a long read, so settle in! There are many ways for the tech support scam to start. Here are some common ones: You’re […]
Let’s face an inconvenient truth. No scammer will ever end a phone call by saying, “Great talking to you—and by the way, I’m a scammer! Bwa-ha-ha-ha!” No, scammers strive to look and sound as legitimate as possible to convince people of the authenticity of their identities and intentions. This is how they con people out […]
As tax season kicks off, it’s essential to be vigilant and safeguard your personal and financial information from potential fraud. Fraudsters are notorious for exploiting this time of year to launch scams and steal sensitive data. Here are some crucial tips to help you navigate tax season securely and prevent falling victim to tax-related fraud: […]
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