Wailuku, Hawaii (KHON2) — Maui residents are being warned about a dangerous new scam targeting local people.

This scam involves fraudsters sending fake text messages that appear to be from trusted local banks or credit unions.

These scammers want to steal your personal and financial information. The Credit Unions of Maui are urging everyone to stay alert and take steps to protect themselves from falling for these tricks.

How the scam works

The scam starts when people receive text messages claiming to be from their bank or credit union.

The message might say something like, “Did you make a purchase at [store name]?” or “Did you try to send money to someone?”

The text might even ask you to click a link to confirm or deny the claim. It might say, “If YES, ignore this message. If NO, click this link.”

The link in the message may look like it goes to your bank’s website. But if you click on it, you’ll be taken to a fake website that looks real.

The scammers will then ask you to enter personal information, like your username, password or credit card details.

Once you do this, the criminals can access your bank account and steal your money or sensitive information.

How to protect yourself

Don’t click links in text messages: Be careful not to click on any links in unexpected or suspicious text messages, especially if they are from financial institutions.

Verify the message: If you get a message claiming to be from your bank or credit union, do not respond directly to it. Instead, call your bank or visit their official website to confirm if the message is real.

Look for red flags: Scammers often use urgent language, like “Act now!” or “Immediate action required!” Take a second to think before you click anything. Trust your instincts. If something seems off, then it probably is.

Use two-factor authentication: Many banks and credit unions offer extra protection, like two-factor authentication. This means even if someone gets your password, they still can’t access your account without a second verification step.

Keep your information private: Remember, banks and credit unions will never ask you for sensitive details like your password, PIN or full Social Security number over text message.

What to do if you receive a phishing text

Don’t respond: If you receive a suspicious text, then don’t reply to it. Simply ignore it.

Report the text: Forward the suspicious text to 7726 (which spells SPAM) so your mobile carrier can investigate it. Also, report the scam to your bank or credit union to help protect others.

Monitor your accounts: Regularly check your bank or credit union accounts for any strange or unauthorized activity. If you notice anything unusual, then contact your bank immediately.

The Credit Unions of Maui are working closely with local authorities to address this issue and stop further scams.

But it’s also important for everyone to stay informed and be careful. Your attention and awareness can help protect you and your community from these harmful scams.

You can click here to keep abreast with up-to-date information on scams plaguing Hawaiʻi.

For more updates, visit your financial institution’s official website or follow them on social media to stay informed about the latest threats.