Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
Several CUs report more scams
MADISON, Wis. (6/29/09)--Credit unions in Maine and Texas reported that recent scams have targeted their members. The scams have involved:
* Brewer (Maine) FCU, which is warning its members about attempts to fleece their accounts. Scam artists are sending checks to credit union members for items bought on Craigslist and other Internet sites that are “in excess of the purchase price with a request to return the excess,” said a Brewer FCU press release. Or, scammers send checks to members and ask that the checks be cashed for the scammers. “Inevitably these checks are returned either for insufficient funds or because they are fraudulent altogether,” the $39.1 million-asset credit union said (Bangor Daily News June 23). * The $6.2 million-asset, Sugar Land (Texas) Employees FCU, whose members have been targeted by text messages sent by scammers posing as the credit union. The messages claim that members’ debit cards had to be deactivated for security reasons, and that members should call an 800 number and give out personal information to reactivate their cards, according to the Texas attorney general’s office (The Fort Worth Star-Telegram June 21). * New Dimensions FCU, Waterville, Maine, which is advising members to ignore pre-recorded phone calls that tells members--for instance--that their Visa card has been restricted for supermarket use only, and that they must call a specific phone number to contact Visa security and a press “1” to speak to someone. The $5.8 million-asset credit union and local police are advising members that the calls are a scam and to ignore them.
Other Resources

RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
11 hours ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
13 hours ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
15 hours ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
15 hours ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
16 hours ago