Protecting You from Fraud with IDCheck
With account takeover fraud on the rise, we’ve added new ID-proofing security when accessing your account in person at our Shared Branch locations.
Alternatives to Zelle
Late last year, Zelle issued a statement notifying users of the discontinuation of the Zelle App. Effective April 1, 2025, members who have registered their MembersFirst Credit Union Account in the Zelle App to send or receive money will no longer be able to do so.
MembersFirst Credit Union does not have plans to offer Zelle as a P2P (Peer-To-Peer) service at this time.
Click to read more about payment alternatives and how to protect yourself from payment app scams.
Are P2P Payment Systems Safe?
P2P payment apps like Venmo, Zelle, and Cash App are booming, but scams are rampant. One common trick exploits the delay in fund transfers—scammers use fake accounts to pay for goods and disappear before you realize it’s a scam. Venmo also shares transactions publicly by default, making users easy targets for identity theft. To stay safe, only send money to people you know, avoid using these apps for business, transfer funds out promptly, and enable two-factor authentication. Protect your money! Click to read more about how to stay safe when using P2P payment systems.
All You Need to Know About Third-Party App Scams
We live in a very app-driven world, and one of the latest scams involve third-party payment apps. You might download a payment app like Cash App or Zelle, only to find out it’s a lookalike and you’ve been looted. Or you might get a bogus notification of a large withdrawal about to be made from the target’s account which leads them into a scam. Be wary of any suspicious activity and never give out any personal info to unknown people on the phone. Read on to learn how to spot a scam and stay safe in the app world!
Why does my credit score matter?
Do you know your credit score? Do you know how it’s calculated and what it means? Your score is determined by many factors. Basically, if you pay your bills on time, don’t overuse your credit and don’t ignore any delinquent accounts, your score will rise. Have a variety of credit and keep your older cards open. Your score affects just about everything, from insurance rates and employment to loan/mortgage rates and eligibility. Try to pay more than the minimum payment on your credit cards and look into a debt consolidation loan to get your balances down faster!
Click to learn more on credit scores and why they’re important to consumers.