Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
CU temporarily blocks 2000 cards to prevent fraud
VENTURA, Calif. (12/19/11)--Ventura (Calif.) County CU, Ventura, Calif., temporarily blocked 2,000 of its members' 50,000 credit and debit cards late Wednesday and early Thursday as a fraud prevention measure.

The block was placed after Visa alerted Ventrua County CU about fraudulent activities early Wednesday evening (Ventura County Star Dec. 16).

The block was removed by noon Thursday.

The fraudulent activity involved debit cards, according to Tina Estes, director of marketing for the credit union, told the Ventura County Star.

About 15 people--an unusually high amount--were lined up when the credit union's Ventura branch opened at 9 a.m. Thursday.

The credit union typically calls members or sends letters when fraudulent activities are suspected, but it wanted to be proactive in protecting members and was unable to provide notification Wednesday evening, Estes said.
Other Resources

RSS





print
News Now LiveWire
Matz: Revised @TheNCUA #RBC rule for #creditunions 2 B unveiled 1/15/15, 90-day comment period to follow #newsnow http://t.co/qABhvghSTU
1 Day ago
Just announced: @TheNCUA board will consider a revised risk-based capital rule at its Jan 15 mtg. See #NewsNow Monday for more info.
1 Day ago
Nearing one-yr anniversary of data breach, @Target asks for class action suits to be dismissed via @BloombergNews http://t.co/kra6kupd35
1 Day ago
.@PeoplesTrustFCU has been recognized with the Juntos Avanzamos designation by @Cornerstone_CUL for its service to the Hispanic community
1 Day ago
#NewsNow: Rep. Hensarling names #HFSC subcommittee chairs. http://t.co/dXAMZdpn1p
1 Day ago