Parama Credit Union has processes and defenses in place to detect and investigate irregular account activity. Your privacy and protection are our top priority. We all have a role to play in the security of our online activities, and we can work together to keep your information safe.
Best Practices
- Always protect your payment cards.
- Be PIN smart – never share PINs nor passwords.
- Create strong passwords using upper and lower case, numbers, special characters or, create a passphrase.
- Protect your identity by enabling two-step verification.
- Avoid opening suspicious links and attachments in emails.
- Do not reply to phishing emails.
- Use anti-malware & antivirus solutions, and firewalls to block threats.
Secure Your Digital Banking
#1. Set Up Security Alerts
Security Alerts give you relevant, timely and specific notifications that enhance the security and convenience for your digital banking experience.
#2. Set Up Autodeposit for Interac e-Transfers
Using Autodeposit is safer than using a security question and password. Avoid the extra step and ensure your funds are deposited securely.
#3. Set Up Two-Step Verification
Enabling Two-Step Verification (2SV) is a security feature that strengthens digital banking security by requiring two distinct forms of identification to access an account.
Advocate for Fraud Prevention
- March is Fraud Prevention Month #FPM2026
- October is Cyber Security Awareness Month #GetCyberSafe
- November is Financial Literacy Month #FinancialLiteracy
Tools and Resources
Staying alert and informed can reduce your risk of being a victim of financial fraud. Explore these websites:
If you suspect fraud, you can report it to the Canadian Anti-Fraud Centre. Your action helps law enforcement take action and prevent others from falling victim.
