The NCUA today urged consumers not to fall for an advance fee loan scam being advertised by an organization falsely claiming to be a credit union.
The agency said that the entity promoting the scam is using the name Firststar Credit Union and advertising itself as a credit union. There is, however, no Firststar Credit Union chartered by the NCUA, or any state supervisory authority.
The NCUA urges victims of this, or any other scam, to contact its Fraud Hotline at 1-800-827-9650.
Continue Reading for Free
Register and gain access to:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
- Educational webcasts, white papers, and ebooks from industry thought leaders.
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
