Archive for the ‘ Job Search ’ Category

Don’t Be a Money Mule


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Money Mules are people who are used to launder stolen money or some type of merchandise. Criminals may even recruit money mules to use stolen credit cards or other information. Individuals being used as money mules may be willing participants or unknowingly be used to commit fraud. We have seen our members become involved in these scams, which potentially cause a loss to them, Members 1st, or a victim at another credit union or bank.

The most popular scam method is disguised as a “work from home” opportunity, which targets unsuspecting people interested in jobs with convenience and flexibility. Recruiting may occur through the mail or online by what only appears to be a legitimate website or advertisement. The fraudulent company will collect personal data from you such as your social security number and information on your credit union account. You may be asked to sign a seemingly official contract. You’ll receive funds in your credit union account or be instructed to transfer them to some other financial account. You may also be asked to deposit a check (actually counterfeit) into your account and then withdraw cash. The funds you receive could also be stolen from a customer at another credit union or bank.  In either case, you will be permitted to keep a percentage of the money and be instructed to transfer the remaining funds to another financial account (also associated with the criminal). By doing so, you become a Money Mule. So how do you avoid being scammed?

Remain Cautious:

  • Of any job that involves transferring money or goods (especially overseas companies requesting money transfer agents in the U.S.).
  • Of a request to open a credit union account or to receive money from someone you don’t know.
  • Of a job opportunity where you’ve never met the individual and he or she is requiring all interactions to be completed online.
  • Of a job opportunity that promises significant earning potential for little effort (if it sounds too good to be true then it’s usually fraud).

Remember:

  • You may be held responsible if you’re a Money Mule or other types of fraudulent activity have been transacted through your credit union account.
  • Money mules may be prosecuted and found personally responsible for repaying the losses suffered by the other victims.
  • Make sure you know the person with whom you’re doing business. NEVER provide your account information (account number, password, PIN, card number, etc.) to anyone you don’t know and trust.

If you believe you’ve been a victim, our Loss Prevention Team is here to help. Contact us immediately at (800) 283-2328 ext. 5202. For more information about Money Mules and other scams visit  http://www.consumer.ftc.gov/scam-alerts.

Nab that dream job!


Job signAlthough the economy is trying to bounce back, there are many Americans who are still unemployed. If you’re one of them, you know that it can be intimidating to look for a new job. Even though it can be a frustrating process that may take months, you need to focus on your future and take action. Here are some tips to help you.

GET SERIOUS: Your job search should become your full-time job. Schedule tasks in your calendar and stick to them. Set achievable goals, such as sending out one resume per day. Scan job sites every day to look at new opportunities. Try www.indeed.com or www.careerbuilder.com. You may even want to connect with a local temp agency to assist you in your job search. Sometimes, it can be necessary to take an entry-level or part-time position – just to get your foot in the door. These positions can often turn into something more.

UPDATE YOUR RESUME: Rather than sending a generic resume to dozens of HR managers, cater your resume to fit the job requirements. Make sure your resume presents specific accomplishments and results that show how you could help the company reach its goals. It’s a good idea to have a family member or friend review your resume for errors, too.

NETWORK AND GET INVOLVED: Join a professional club or association to meet key contacts in your desired field. Talk to your friends and family members about your situation and ask them to keep you in mind when they hear of any job openings.

GO BACK TO SCHOOL: Additional training and education could enhance your marketability to a greater number of companies and make you a candidate for jobs that pay more. If you’re currently employed, but looking for a new job, consider taking some courses to learn the newest skills in your field of expertise.

THINK INTERVIEW: If you’re lucky enough to get an interview in this highly competitive job market, be thankful. Now it’s time to prepare! Learn all you can about the organization in advance. Review their website and social media presence. Google “tough interview questions” and think about how you would answer them if asked. Always be prepared to tell the interviewer about yourself in a few sentences and be able to explain why you would be the best person for the job.

STAY POSITIVE: It’s so easy to think negatively. Remain positive and be persistent. Your new job is just on the horizon.

Don’t forget to check out employment opportunities with us, too! Members 1st FCU is a great place to work, offers terrific benefits, and there are always opportunities for advancement. To view out our current openings, click here.

Also, if you’re dealing with a reduction in income or have started a new job, it’s a great time to reevaluate your budget. A GreenPath counselor can help you. As a member of Members 1st Federal Credit Union, you can take advantage of the GreenPath program, a free financial education and counseling program. GreenPath counselors are available Monday through Thursday from 8 a.m. to 10 p.m. (EST), Friday from 8 a.m. to 7 p.m. and Saturday from 9 a.m. – 6 p.m. To use this new service, call 1-877-337-3399 or visit www.greenpathref.com.

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