A phone call this afternoon from the McHenry County Federal Credit Union alerted me to a $403.00 fraudulent transaction that was processed through my checking account yesterday. If you are a customer of the credit union or of any other bank, check your account online immediately or call the credit union.
The following notice appears on the credit union's homepage.
"NEWS: DEBIT CARD FRAUD PROMPTS STATE BLOCK.
"September 16, 2010 5:30pm - Due to recently discovered fraudulent activity, your credit union has taken pro-active steps to insure the protection of its members accounts. Transactions coming from the State of California in the form of Cash Withdrawals and Point-of-Sale transactions, both of which require the PIN number, have been discovered. In an effort to protect our members as well as the credit union, we have taken the following action.
"ALL PIN BASED TRANSACTIONS WHERE THE TERMINAL ADDRESS IS IN CALIFORNIA WILL BE DECLINED REGARDLESS OF THE STATUS OF THE CARD."
Credit union customers who will be traveling in California should call the credit union to make arrangements to use their cards while there.
My compliments to the credit union for its pro-active steps to protect my account. I have dealt with them since 1996 and have never been dissatisfied.
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1 comment:
as soon as someone has a copy of your card, they dont need a pin # for point of sale transactions, they can run it as credit and they will be fine.
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