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News Now

CU System
Three CUs warn of new phish scams
MADISON, Wis. (1/16/08)--Three credit unions--in Tennessee, Washington and Florida--reported in the past week attempts to get members to divulge their financial information through e-mails and phone calls. In Chattanooga, Tenn., Tennessee Valley FCU told WDEF News 12 (Jan. 11) that a member reported a message left on her answering machine, saying: "Dear Tennessee Valley FCU member: We are calling to inform you that your online (banking) service has expired." The message leaves a web address and requires the member to renew personal information to continue getting service. In Richland, Wash., phone calls from an automated machine claimed to be from Gesa CU and instructed recipients to call a 509 area code number to leave credit card information, police said (KNDO.com Jan. 12). At least two people fell victim to the scam. In Tampa, Fla., bogus e-mails with the subject line, "Regularly scheduled account maintenance," claimed to be from Suncoast Schools FCU. They informed recipients the credit union was providing greater protection against fraudulent attacks and told them to use a link. The link was to a bogus site, which tried to obtain personal information (News-Press Jan. 12). The credit unions warned consumers they never collect such information over the phone and through e-mails.
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