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CU System
CU System briefs (02/26/2008)
* HAMPTON, Va. (2/27/08)--The Federal Deposit Insurance Corp. has issued a special alert after Langley FCU, Hampton, Va., reported that counterfeit checks with the credit union’s name are in circulation. The checks are associated with Internet sales and overpayment scams. The bogus checks have the routing number 096016765, which is assigned to U.S. Bank in St. Paul, Minn. At the top of the border on the counterfeit checks is the statement, “This face of this document has a multicolor background on white paper,” instead of “The face of this document has a multicolor background on white paper,” located on the top border of authentic checks ... * TACOMA, Wash. (2/27/08)--TAPCO CU of Tacoma, Wash., has introduced mobile banking. Members can view their account balances, transfer funds and pay bills with their cell phones. TAPCO has added mobile banking security precautions such as multi-factor authentication, member selected passwords, deactivation in case of a theft or loss, encryption of locally stored data and secure socket layer connection. TAPCO has $213 million in assets ...


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