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Withdrawing a Cashier’s Check? Know the Risks
Cashier’s Checks Are Like Cash
Remember: If someone is pressuring you to withdraw a cashier’s check quickly, or the request feels unusual, it may be a scam.
Kitsap Credit Union wants to help protect your money—Together!
Have questions? Reach out to the Kitsap Credit Union team or learn more about Fraud Prevention today.
- Once you withdraw a cashier’s check and hand it over, it’s just like giving away cash.
- If the person asking you for a cashier’s check is a scammer, your money could be gone for good.
- Romance or Friendship Scams
Someone you’ve met online asks you to withdraw a cashier’s check to help them with an “emergency.” Once you hand it over, the money is gone. - Online Marketplace Scams
A “buyer” or “seller” convinces you to withdraw a cashier’s check to finalize a deal. Often, the deal never happens, and you lose your funds. - Loan or Debt Relief Scams
Fraudsters claim you’ve been approved for a loan, but you need to send them a cashier’s check first. The promised funds never arrive. - Lottery or Prize Scams
You’re told you’ve won—but must pay fees or taxes up front with a cashier’s check. The prize doesn’t exist.
- Be cautious if someone you don’t know well asks you to withdraw a cashier’s check for them.
- Never use your own funds to send money on behalf of someone else.
- Verify before you hand it over—once a cashier’s check leaves your hands, so do your funds.
- Ask us for help—our staff can talk through your situation before you make the withdrawal.
Kitsap Credit Union wants to help protect your money—Together!
Have questions? Reach out to the Kitsap Credit Union team or learn more about Fraud Prevention today.
February 23, 2026