3-31-20 Update
Coronavirus Stimulus Scams Surface Targeting Members
Fraudsters haven’t wasted any time with scams related to the coronavirus. In response to the federal stimulus package, the Better Business Bureau (BBB) reported that fraudsters have deployed a variety of scams involving coronavirus stimulus checks. The BBB Scam Tracker has received several reports of coronavirus scams where individuals are contacted through text messages, social media post /messages, or phone calls.
One version of the scam targets seniors through a Facebook post informing them that they can get a special grant to help pay medical bills. The link within the post takes them to a bogus website claiming to be a government agency called the “U.S. Emergency Grants Federation” where they are asked to provide their Social Security Number under the guise of needing to verify their identity. In other versions, fraudsters claim individuals can get additional money – up to $150,000 in some cases. The victims are asked to pay a “processing fee” to receive a grant.
In North Carolina, there are several reports of a coronavirus scam in which potential victims received phone calls. Fraudsters told the victims they qualified for a $1,000 to $14,000 coronavirus stimulus payment; however, they must first pay a processing fee.
Coronavirus direct payments will likely be in the form of direct deposits or through U.S. Treasury checks. Fraudsters may look to seize this opportunity to create counterfeit U.S. Treasury checks to use in their scams. Knowing when the stimulus checks will be issued, fraudsters could steal U.S. Treasury checks out of the mail and attempt to cash them at a credit union after opening an account. This was a common occurrence in the aftermath of Hurricane Sandy as fraudsters counterfeited and forged U.S. Treasury checks representing the Federal Disaster Assistance checks.
Fraudsters may also attempt to scam members into providing their account number under the pretense of direct depositing the stimulus payment to their account.
Be weary of every phone call, text message, and email. Do not click links that are unknown or suspicious. And never give out your personal information without first verifying the legitimacy of the request.
3-23-20 Update
We can continue to serve you!
At M1, your money is safe, secure, and federally insured!
We can make the safety of “Our People”; our members, our employees, and our communities, our top priority, and continue to serve you! As the COVID-19 (coronavirus) situation in Michigan is changing quickly, we can change our focus to continue fully serving you through our e.Services, by phone, and in our drive-thru.
We are here to help!
If you or someone you know has lost wages due to the Coronavirus outbreak, M1 can help. The Free M1 Lost wages Program is ready to assist those in need during these tough times. Contact us today for details.
Our lobbies remain open, but by appointment only. (Effective through April 13.)
Please call or text 616.527.3900 for all the services and appointments you need. We Can Serve You!
M1 e.Services Are Here For You: Access it Anytime, Anywhere!
We strongly encourage you to use M1 e.Services and other resources for self-service banking and 24/7 account access. You can access your accounts online or by using the M1.Mobile app at your convenience. Enroll now!!! If you haven’t enrolled in online access, it only takes a few minutes.
We can, work together, stay calm, and focus on what is possible.
Our commitment is in serving you!
Tim Hemenway, CEO
Attention anyone with lost wages from the Covid-19* outbreak, You may qualify for Michigan One Community Credit Union’s:
Free Lost-Wages Program*
- Interest Free Loans*
- Fee Free Loans*
- Free Payment Deferrals*
- Free Debt & Budget Reviews*
- Free 60 Day Payment Delay on Refy Loans*
- Free OverDraft Protection Program*
- OverDraft & Over Drawn Checking Account Assistance*
*Special, limited time offer. *Qualified participants only. *Restrictions apply.
Contact Us Today For Details.
3-16-20 Update
We can continue to serve you!
We can make the safety of “Our People”; our members, our employees, and our communities, our top priority, and continue to serve you! As the COVID-19 (coronavirus) situation in Michigan is changing quickly, we can change our focus to continue fully serving you through our e.Services, by phone, and in our drive-thru.
Our lobbies remain open, but by appointment only. (Effective March 17th to April 5.)
Please call or text 616.527.3900 for all the services and appointments you need. We Can Serve You!
M1 e.Services Are Here For You: Access it Anytime, Anywhere!
We strongly encourage you to use M1 e.Services and other resources for self-service banking and 24/7 account access. You can access your accounts online or by using the M1.Mobile app at your convenience. From there, you can:
- Make payments & transfers
- View transactions
- Check balances
- Apply for a loan
- Pay bills
- Send person to person payments
- Find an ATM
Enroll now!!! If you haven’t enrolled in online access, it only takes a few minutes.
We can, work together, stay calm, and focus on what is possible.
We can serve you!
Be well.
Tim Hemenway, CEO
