Be Aware of Ongoing Scams
Experts agree financial scams are on the rise with would-be thieves getting smarter and sneakier. At Walpole Co-operative Bank, we strive to ensure our customers are kept up-to-date on emerging threats. And we are here to help! If you receive something suspicious – email, phone call, text message, direct mail – don’t hesitate to contact us directly during regular business hours.
If you believe you have been involved in a scam, or have fallen victim, you can report it to the Federal Trade Commission by visiting ReportFraud.ftc.gov.
Bank Impersonation Scams
Customers and neighbors have reported receiving phone calls which appear to come from Walpole Co-operative Bank (as well as other local and national financial institutions). During these calls fraudsters pretending to be from the bank bank, will request personal and financial information such as online banking credentials and passwords.
It’s important to remember that legitimate financial institutions will NEVER request personal or financial information over the phone, text, or email. If you find yourself answering or receiving a potential spam call, here are some tips you can follow to protect yourself:
If you received a call from Walpole Co-operative Bank and are unsure if the call is legitimate, please hang up and call us at 508-668-1080.
Visit the Federal Trade Commission website to learn more about the different types of phone scams and how to recognize them.
Look Out For Zelle® Fraud
There is no question services like Zelle are convenient. But scams related to “peer-to-peer” services like Zelle are increasing, so it's important to be on alert and know what to look for before sending money.
Before you send money ask yourself:
Click for information about how to send money safely with Zelle.
Ukraine Relief Scams
When you decide to support a cause that you care about, you want to ensure that your donation counts. But before you make your donation, it’s necessary to do some research. By planning, you can help yourself avoid charity scams.
In light of current events, would-be thieves have been using the war between Ukraine and Russia as an opportunity to steal money. If you are planning on donating to help those impacted by the war or any other cause, here are a few steps you can take to avoid donating to a scam: