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At BMI Federal Credit Union, we understand the importance of educating our members on fraud, financial education, budgeting, and more! Our monthly blog is a great resource to dive deep into different financial topics, types of fraud, and useful tips. For additional fraud resources, please visit our Fraud Awareness and Prevention Center or sign up for our monthly CreditLines newsletter!
Tax Season Scams | BMI FCU Thursday
Tax season is a busy time for households and a profitable time for scammers. As members prepare to file returns or await refunds, fraudsters take advantage by impersonating the IRS, tax preparers and…
Making a Difference: Teach Kids About Money | BMI FCU Jan 5
July is Make a Difference to Children Month and a great opportunity to make an impact on the kids in our lives and insure they have a strong foundation of financial knowledge. Check out these…
Spoofing Scams | BMI FCU Jan 5
Spoofing scams are becoming increasingly common. Fraudsters have been impersonating BMI FCU in efforts to steal your sensitive data.
Fraudsters will make it appear as though you are receiving a…
Tax Time Scams | BMI FCU Jan 5
As tax season approaches, it's important to stay alert and protect yourself from common scams that target taxpayers. At BMI Federal Credit Union, we want to help you recognize these threats,…
Strengthening Your Finances | BMI FCU Jan 5
Your Credit Union is here to support you. Sometimes people feel uneasy when there is uncertainty in the economy. Here are the things you can do now to strengthen your finances including trimming your…
5 Indicators of Financial Freedom | BMI FCU Jan 5
Financial freedom is achieved when you use money as a tool instead of allowing it to be a stress factor in your life. Reaching this point in your financial journey can bring peace of mind and…
New Financial Habits | BMI FCU Jan 5
A new year is a great time for a fresh start. You may feel energized to make changes and set new goals. The following tips can help you establish good financial habits and set in place new strategies…
Social Media Scams | BMI FCU Jan 5
Social media is great for connecting with friends, following brands, and sharing life moments. But it's also where scammers go to trick people into giving up personal and financial…
How To Avoid Account Takeover Fraud | BMI FCU Jan 5
What is an "Account Takeover"?
An account takeover happens when a fraudster poses as a financial institution to get your personal or account information. Once the fraudster has access to…
Protecting Against Deceptive Scams | BMI FCU Jan 5
Fraudsters are increasingly targeting everyday consumers through deceptive methods like pop-up messages, texts, and phone calls. These scams aim to deceive you into clicking harmful links,…
Is It Time To Unsubscribe? | BMI FCU Jan 5
It seems like everything comes with a monthly subscription these days. It's not just TV and music anymore. Subscription pricing is used for many things, and you may have even opted into one or…
BEC Scams | BMI FCU Jan 5
Whether you run a business, work for one, or just manage your own finances online, BEC scams can affect you. They're sneaky, convincing, and can cost thousands of dollars if you're not…
Tips to Cover Your Extra Summer Expenses | BMI FCU Jan 5
Summer is right around the corner. You may be traveling, hosting parties, attending weddings and other celebrations, not to mention driving your kids around to keep them busy. With the longer days…
What is Carding Fraud? | BMI FCU Jan 5
At BMI Federal Credit Union, we aim to keep you informed about emerging threats and provide guidance on how to protect yourself. One increasingly popular scam is "carding," a form of fraud that has…
Navigating Tax Season Safely | BMI FCU Jan 5
Tax season is upon us, and as you gather your documents and file returns, it's crucial to remain vigilant against potential scams targeting your money. At BMI Federal Credit Union, we prioritize…
Financial Caregiving | BMI FCU Jan 5
Taking care of a parent is something you may be doing now or in the future. According to a study by the National Alliance on Caregiving and AARP, there has been a significant increase in the number…
Recommit To Your Goals | BMI FCU Jan 5
You may be experiencing February fatigue if the momentum you had in January has waned. If you are falling short of your new financial goals, it's not too late to turn it around. Use these tips…
Employment Scams: What You Need to Know | BMI FCU Jan 5
In today's digital job market, platforms like Indeed and CareerBuilder simplify job hunting but also introduce risks, particularly from employment scams. Here's what you need to know to…
7 Things You Can Do To Protect Your Money | BMI FCU Jan 5
With scams on the rise, it is important to know how you can protect yourself. Here are seven simple things you can do to safeguard your money and avoid fraud!
1. Use a different password for each…
Bring Joy Back | BMI FCU Holiday Loan Jan 5
The holiday season is a time for creating memories, not debt. Budgeting this time of year can allow you to celebrate without the worries of a financial burden later.
Start by thinking about beliefs…
Talking To Your Teen About Money | BMI FCU Jan 5
When you have a teenager in the house, the beginning of the school year is a good time to start talking about money. Once they graduate, their life decisions will be impacted by their financial…
Should We Talk About Money While Dating? | BMI FCU Jan 5
Talking about money with someone you are starting a relationship with can feel taboo. However, these conversations can help you find a person that aligns with your values and helps you build mutual…
Cybersecurity Awareness | BMI FCU Jan 5
Consumers are experiencing an increase in cyberattacks: malicious attempts to gain unauthorized access to a computer system, network, or digital device to steal or expose data and personal…
Financial Resolution | BMI FCU Jan 5
As you set your goals for the New Year, consider the costs associated with reaching them. You may need to reduce debt, build your savings, improve your credit score, or create a budget.…
Phone Scams are on the Rise | BMI FCU Jan 5
Phishing and spoofing scams are some of the most common tactics used by fraudsters to target individuals and businesses alike. They could include texts, emails, or even phone calls impersonating your…
Protect Yourself From Identity Theft | BMI FCU Jan 5
At BMI FCU, safeguarding our members' identity is paramount. In an age where identity theft is everywhere, both online and offline, we recognize the importance of strengthening your defenses…
Check Fraud And Scams | BMI FCU Jan 5
The FBI and the United States Postal Inspector issued a Public Service Announcement regarding an alarming increase in check fraud. There has been a substantial increase in thieves stealing checks…
Financial Wellness Tip Be Strategic | BMI FCU Jan 5
If you are considering opening a new credit card, get one that will benefit your personal goals. Whether it's travel miles, cash back, or points towards future purchases, many…
6 Tips: Talking About Money With Your Partner | BMI FCU Jan 5
Families must make challenging financial decisions every day. Having proactive conversations about money with your partner can reduce financial stress. While one person may take the lead on managing…
Make College Attainable Through Saving | BMI FCU Jan 5
September is College Savings Month and a good reminder that it is never too late to start saving! While there are different thoughts on how much you should save, putting money aside now can help…
Why and How to Freeze Your Credit Report | BMI FCU Jan 5
In today's digital age, safeguarding your financial well-being is paramount. Here's why freezing your credit report is crucial and how you can benefit from it!
Understanding Credit Report…
Do Not Give Out Your Personal Information | BMI FCU Jan 5
BMI Federal Credit Union, like many other financial institutions, is experiencing a rise in fraudulent activities aimed at accessing member accounts illegitimately. These fraudulent attempts are…
Blackmail Scams | BMI FCU Jan 5
BMI Federal Credit Union is committed to educating our members on how to avoid fraudulent schemes. One increasingly prevalent scam is blackmail, a tactic fraudsters use to manipulate and exploit…
Online Romance Scams | BMI FCU Jan 5
Online romance scams involve individuals creating fake identities to exploit emotions and trust, often leading victims to send money or share personal information. These scammers use fake background…
10 Tips To Chart Your Course To Financial Wellness | BMI FCU Jan 5
Navigating your personal journey to financial wellness does not have to be complicated! It begins with taking ownership of your finances. You are fully capable of being the captain of your financial…
Data Breaches | BMI FCU Jan 5
You may have noticed increased media coverage surrounding data breaches. Unfortunately, these are becoming more common. The best line of defense is to learn how to protect your information. If you do…
Password Security | BMI FCU Jan 5
Passwords are one of the most important tools for keeping your personal and financial information safe. Using weak or reused passwords can leave your accounts vulnerable to cyberattacks. To protect…
Benefits of a Mid-Year Check-In | BMI FCU Jan 5
Your lifestyle changes month-to-month. As a result, so do your finances. In the last few months you may have taken on new expenses, been hit with unexpected costs, or received a cash windfall. July…
Check Fraud: What It Is and How to Prevent It | BMI FCU Jan 5
Check fraud and check scams are becoming increasingly sophisticated and it's essential to stay informed about the risks associated to know how to protect yourself. BMI FCU wants to provide our…
Staying Safe from Holiday Scams | BMI FCU Jan 5
The holiday season should be full of celebration, not stress. Unfortunately, scammers take advantage of increased shopping, travel, loneliness, and charitable giving this time of year. Here are a few…
Financial Goals For 2026 | BMI FCU Jan 5
As we come to the end of this year, setting goals for 2026 may be top of mind. If you want to achieve success in the coming year, consider the PACT technique (Purposeful, Actionable, Continuous, and…
Safeguarding Your Finances | BMI FCU Jan 5
In today's rapidly evolving digital landscape, the threat of fraud looms ever larger, with malicious people constantly devising new ways to exploit vulnerabilities. As a member of BMI Federal…
Protect Your Personal Information | BMI FCU Jan 5
What Not to Do with Your Sensitive Information
With fraud and scams on the rise, staying vigilant against fraudsters must be a priority.
Never share your account number, debit or credit card…
Rise And Fall Of Your Credit Score | BMI FCU Jan 5
The most important thing to remember is that your credit score will go up and down, but understanding your score can help you make smart choices. Focus more on trends and less on small fluctuations…
Fraud Center Imposter Scams | BMI FCU Jan 5
Scammers are now impersonating Fraud Centers to gain your trust, steal your card number, and push fraudulent charges through your account. Here's what you need to know to protect…
Visual Goals | BMI FCU Jan 5
Visuals remind us of what is important. Set a picture of your goal as the wallpaper on your phone. (Example: a picture of a dream house or a place you want to visit.) When you are about to…
Understanding And Using Credit Cards | BMI FCU Jan 5
A credit card can offer flexibility in how you fund your life: make purchases with added security (most provide zero liability against fraudulent charges), reserve a hotel room without freezing funds…
The Cost of Fraud | BMI FCU Jan 5
According to the Federal Trade Commission, American consumers lost more than $12.5 billion to fraud, an increase of 25% since 2023.
At BMI Federal Credit Union, our goal is to help protect you…
What are Holiday Loans? Why Do We Love Them? | BMI FCU Dec 12, 2025
Why We Love This Great Loan
We've made it to the holiday season, and BMI Federal Credit Union is here to help you be smart and savvy with your finances with a Holiday…
Fraud Awareness | BMI FCU Nov 21, 2025
November is Fraud Awareness Month, a time to focus on keeping your financial information safe. At BMI FCU, we know that scams are becoming more frequent and more sophisticated. By understanding how…
7 Strategies for Financial Fitness this Year | BMI FCU Nov 21, 2025
Did you resolve to be better with your money? These seven strategies will help you with reaching your financial goals and will increase your financial confidence.
1. Make saving automatic. Do not…
Older Adults And Imposter Scams | BMI FCU Nov 21, 2025
How often do you receive calls from an unknown number? It could be someone you know... Or is it a scammer?! Do you trust yourself and your loved ones to know the difference?
Isolation and…
Preparing For Home Buying | BMI FCU Nov 21, 2025
Buying a home is likely one of the biggest investments you will make during your life. We believe the process should be smooth and transparent. Let us help you make this decision easy by following…