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CU System briefs (08/07/2008)
* NEW YORK (8/8/08)--Credit unions interested in cloak-and-dagger stories need go no further than a data breach investigation conducted after someone hacked into Citigroup ATMs at 7-Eleven stores and stole millions of dollars earlier this year. (June 24) has a riveting account of how a single high-value breach can reverberate through the international carding community of bank-card fraudsters. It describes stakeouts, attempted muggings and chases, undercover work, and a lucky break at a routine traffic stop. Six months after personal identification numbers (PINs) and account numbers were stolen from Citi ATMs, customers were still discovering unauthorized withdrawals. To read the story, use the link … * DENVER, Colo. (8/8/08)--The Credit Union Foundation of Colorado and Wyoming partnered with the Denver Chapter of Credit Unions to host its 20th annual golf tournament and fundraiser at The Ranch Country Club, Westminster, Colo., on July 22. Participating were 96 golfers, who competed on the 18-hole, 6,600-yard course designed by Dick Phelps. From left are: Greg Hill, senior vice president, Premier Members FCU; Mark Lau, president/CEO, Denver Fire Department FCU; John Dill, president/CEO of the Credit Union Associations of Colorado and Wyoming; and Tom Graham, president/CEO, SunCorp. (Photo provided by the Credit Union Associations of Colorado and Wyoming) … * HARRISBURG, Pa. (8/8/08)--PA HealthCare CU's Crazy 8's promo kicks off today--08/08/08--at 08:08:08 a.m. (Life is a Highway Aug. 7). For eight hours, eight minutes and eight seconds, members can apply for a $1,000 six-month certificate of deposit (CD) at 8% annual percentage yield (APY). Also, for eight days, the Sewickley, Pa.-based credit union is offering a three-month CD at 2.88% APY and a 12-month CD at 3.88% APY. On the lending side, for the next 88 days, members can apply for a five-year auto loan for 2008 or new model years at 3.88% annual percentage rate (APR) and a five-year home equity loan, also at 3.88% APR. CEO Paul Fero told the Pennsylvania Credit Union Association that more than 10% of the credit union's membership pre-ordered the 8% CD. The $22 million asset credit union also experienced a 1% increase in new members within a month of the announcement of the promo … * GURNEE, Ill. (8/8/08)--Community Trust CU recently gave away a $750 gas card in a member appreciation drawing to celebrate the credit union's 75th anniversary. Member James Jorgenson won the drawing. More than 5,000 entries were received by the credit union. "For the first time in a long time, I'm going to enjoy filling up at the pump," Jorgenson said. "Like everyone, I'm still going to try and keep my driving to a minimum." The credit union also has encouraged members to save fuel by logging onto the credit union's website to sign up for its eBranch, which allows members to conduct transactions online. "There are lots of ways we can all save gas money and reduce our impact on the environment, like conducting financial transactions via a secure online portal or banking by phone," said Michelle Fairbanks, Community Trust community relations coordinator. "Of course we still love to see our members in person, but we want to provide as many convenient service options as possible." From left are Fairbanks, Jorgenson and Community Trust President/CEO Madeline Lipka. (Photo provided by Community Trust CU) ... * HARRISBURG, Pa. (8/8/08)--The Pennsylvania Credit Union Association announced that this week's Pennsylvania Newsmakers programming schedule has been adjusted because of the Summer Olympics (Life is a Highway Aug. 7). The segment will run on: WGAL Channel 8 Saturday at 7 a.m. and Sunday at 1:30 a.m.; WBPH, Sunday, 8:30 p.m., WKBS 47, Aug. 16, 11:30 a.m.; and CATV Channel 8, Aug. 12, 7 p.m. and Aug. 13, 1 p.m. ...


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