Previous | 2022 Annual Big Game Predictor Next | How to Prepare an Effective Loan Proposal
February 09, 2022 / F&M Trust
Three phishing scams (and how to avoid them)

Three phishing scams (and how to avoid them)

Every day, thousands of people fall victim to fraudulent emails, texts, and calls from scammers pretending to be their bank. Add to that the expanded use of online banking and the problem is only growing worse.

The Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $1.9 billion to these phishing schemes and other fraud in 2019 — and the ongoing pandemic has only increased the threat. It’s time to put scammers in their place.

Online scams aren’t so scary when you know what to look for. And at F&M Trust, we’re committed to helping you spot them as an extra layer of protection for your account. We’ve joined with the American Bankers Association and banks across the country in a nationwide effort to fight phishing—one scam at a time. We want every bank customer to become a pro at spotting a phishing scam and stop bank impostors in their tracks.

It starts with these four words: Banks Never Ask That. Because when you know what sounds suspicious, you’ll be less likely to be fooled.


These top 3 phishing scams are full of red flags:Criminals attempting to steal personal information via the internet

Text Message: If you receive a text message from someone claiming to be your bank asking you to sign in, or offer up your personal information, it’s a scam. Banks never ask that.

Email: Watch out for emails that ask you to click on a suspicious link or provide personal information. The sender may claim to be someone from you bank, but it’s a scam. Banks never ask that.

Phone Call: Would your bank ever call you to verify your account number? No! Banks never ask that.

If you’re ever in doubt that the caller is legitimate, just hang up and call the bank directly at a number you trust.


For tips and tools on how to keep phishing criminals at bay, including videos, an interactive quiz and more, visit www.BanksNeverAskThat.com.

Recent Articles
How to Prepare an Effective Loan Proposal
How to Prepare an Effective Loan Proposal

How to Prepare an Effective Loan Proposal

May 16, 2022 / F&M Trust

Inherited IRAs for children
Inherited IRAs for children

Inherited IRAs for children

May 02, 2022 / The Merrill Anderson Company

Four Common Investment Misconceptions
Four Common Investment Misconceptions

Four Common Investment Misconceptions

April 20, 2022 / Warren Hurt

Beware of charity fraud scams
Beware of charity fraud scams

Beware of charity fraud scams

April 15, 2022 / Ray Wills

How Digital Banking Tools Can Help Your Business
How Digital Banking Tools Can Help Your Business

How Digital Banking Tools Can Help Your Business

April 11, 2022 / F&M Trust

How to use credit freezes and fraud alerts
How to use credit freezes and fraud alerts

How to use credit freezes and fraud alerts

March 31, 2022 / Ray Wills

5 Ways to Avoid an Overpayment Scam
5 Ways to Avoid an Overpayment Scam

5 Ways to Avoid an Overpayment Scam

March 25, 2022 / Ray Wills

Saving for Retirement: IRA Changes for 2022
Saving for Retirement: IRA Changes for 2022

Saving for Retirement: IRA Changes for 2022

March 25, 2022 / The Merrill Anderson Company

How small-business owners can offer retirement plans
How small-business owners can offer retirement plans

How small-business owners can offer retirement plans

February 22, 2022 / Chris Moore

Join our e-newsletter

Sign up for our e-newsletter to get new content each month.

NOTICE: YOU ARE LEAVING F&M TRUST!

You are now leaving the F&M Trust website. Links to third-party sites are provided for your convenience. Such sites are not within our control and may not follow the same privacy, security or accessibility standards as ours. F&M Trust neither endorses nor guarantees offerings of the third-party providers, nor is F&M Trust responsible for the security, content or availability of third-party sites, their partners or advertisers.