Beware of COVID-19 Stimulus Payment Scams

12/30/2020 11:50:00 AM
Don’t let fraudsters get to your money, here’s what you need to know.
  • The government won’t ask you to pay anything up front to get this money. Only a scammer would do that.
  • The government won’t call, text, email, or contact you on social media to ask for your Social Security, bank account, or credit card number. Only a scammer would do that.
  • There’s no such thing as getting your money early or faster. Anyone who says they can help you do that is both lying and a scammer.
Please be careful, and if someone tries any of these things, know it’s a scammer and warn others you know. Chances are they’ll get that call, text, or email, too. Also, help us stop scammers by reporting them to the FTC:

At North Shore Bank, we take your financial security and confidentiality very seriously. Please contact us if you ever have any questions or concerns.

Additionally, below are a few tips to remember always, but especially in times like this when fraudulent activity rises. 

  • Do Not Share Personal Data. We will never ask for confidential information such as your name, password, personal identification number (PIN), social security number, or other account information over the phone or in an email or text. We take financial security and confidentiality very seriously at North Shore Bank. Please contact us if you have any questions or concerns.
  • Beware of Scams. Fraudsters may try sending you medical supply scams and fraudulent donation sites that impersonate a company, charity, or government agency. Their intent is to convince you to share sensitive information such as usernames and passwords, make purchases or donations on spoof websites, or download malware onto your device by opening a malicious attachment. If you receive something suspicious, do not respond, do not click on any links, and do not open attachments. Verify the authenticity of any website before making a purchase or donation. Find more security tips and information here.
  • Keep Cash Safe. As mentioned, your funds on deposit with the bank are protected up to the FDIC limits. Once your cash leaves the bank, the insurance is no longer active on those funds, and you therefore have a greater risk of loss with physical cash. Leaving your money in the bank is safer and you can still easily access your accounts, transfer funds, pay bills and more using our digital services with Online and Mobile Banking. Additionally, you can visit your local branch by appointment or office drive-up.

Frequently Asked Questions