Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Heartland losses multiply for CU
WATERVILLE, Maine (2/16/09)--Losses due to the Heartland Payments Systems data breach have tripled for one Waterville, Maine-area credit union. Healthfirst CU was first notified Jan. 12 that 261 of its members’ cards were compromised. Now, the credit union has learned that 550 more cards were affected--putting the total at more than 800, Lynda Quirion of Healthfirst CU, told BankInfoSecurity.com (Feb. 12). The total amount taken from member’s cards is between $60,000 to $70,000. Replacing the cards will cost the credit union $2,500, Quirion said. Healthfirst’s staff also is feeling strained by the breach. The credit union already has spent 300 hours contacting members and re-issuing cards, Quirion told the news outlet. Many of the fraudulent purchases were made at convenience stores, gas stations, and fast food restaurants, the credit union said. Healthfirst has $13 million in assets.
Other Resources

RSS print
News Now LiveWire
Of $1.3B in payments through mobile devices, 90% occurred at @Starbucks stores http://t.co/MN49JR1NXK
11 hours ago
.@LoveBethpage 1st to launch mobile debit/credit card control from @COOPFS http://t.co/kuq7onGuai
12 hours ago
A booming W Okla county gets its first #creditunion @TheHEFCU See #NewsNow http://t.co/svTyMnms0X
15 hours ago
Mortgage interest rates continue slide in September @FHFA http://t.co/agU9RJW5Kq
17 hours ago
Reimagined branches shift to member, not #creditunion, needs: @cunacouncils white paper http://t.co/lN2mu0IVar
18 hours ago