En route to speak at the Defense Council of Credit Unions in Italy last week, NCUA Vice Chairman Rodney E. Hood met with British Credit Union and government leaders to compare business best practices. Accompanied by Mike Beall of the Maryland and District of Columbia Credit Union Association, Hood met with Her Majesty’s Treasury, the Financial Services Authority (FSA), the Association of British Credit Unions Limited (ABCUL), and credit union leaders and volunteers.

In recognition of President Bush’s and the United States Congress’ designation of April as “Financial Literacy Month”, National Credit Union Administration (NCUA) Chairman JoAnn Johnson visited Woodbridge Senior High School, in Woodbridge, VA, to emphasize the importance of financial education; demonstrate the www.mymoney.gov website; and present the President’s Volunteer Service Award to dedicated student volunteers.

Websense® Security Labs™ have received reports of a phishing attack that targets Commercial Bank of Kuwait customers. Users receive a spoofed email message that claims a number of attempts were made to login to the user’s account from a foreign IP address. The email states that the account was temporarily suspended pending re-activation, in order to protect the user. The email provides a link to a phishing site which attempts to collect personal and account information.

This phishing site is hosted in the Netherlands and was down at the time of this alert.

Phishing email text:

We recently noticed one or more attempts to log in to your Commercial Bank of Kuwait account from a foreign IP address.

If you recently accessed your account while traveling, the unusual log in attempts may have been initiated by you. However if you are the rightful holder of the account. Click on the link below to re-activate your membership and follow the instructions.

< URL REMOVED >

If you choose not to complete the request, you give us no choice but to suspend your account temporary.
It takes at least 72 hours for the investigation in this case and we strongly recommend you to verify your account at that time.

If you received this notice and you are not the authorized account holder, please be aware that it is in violation of Commercial Bank of Kuwait policy to represent oneself as an other Commercial Bank of Kuwait user. Such action may also be in violation of local, national, and/or international law. Commercial Bank of Kuwait is committed to assist law enforcement with any inquires related attempts to misappropriate personal information with the intent to commit fraud or theft. Information will be provided at the request or law enforcement agencies to ensure that perpetrators are prosecuted to the fullest extent of the law.

Thanks for your patience as we work together to protect your account.
Commercial Bank of Kuwait Account Review Department.

Please do not reply to this email. This mailbox is not monitored and you will not receive a response.
For assistance, log in to your Commercial Bank of Kuwait account and click the Help link located in the top right corner of any Commercial Bank of Kuwait page.

Commercial Bank of Kuwait Email ID cc00520
Commercial Bank of Kuwait 2007. All rights

Phishing screenshot:

The Insurance Report of Activity for March is available

Websense® Security Labs™ have received reports of a phishing attack that targets Tri-Lakes Federal Credit Union customers. Users receive a spoofed email message, which claims that due to recent changes in the Credit Union service agreement, the users need to submit additional details about their account. The email provides a link to a phishing site that attempts to collect personal and account information.

This phishing site is hosted in the United States and was up at the time of this alert.

Phishing email text:

Dear Tri-Lakes Federal Credit Union Cardholder,

Due to upcoming 19 April 2007, and recent changes in Tri-Lakes Federal Credit Union Service Agreement you need to submit additional details on your Tri-Lakes Federal Credit Union account. Starting from 19 April 2007 all Tri-Lakes Federal Credit Union accounts will come with complete detailed information! Identity protection matters. And Tri-Lakes Federal Credit Union works day and night to help keep your identity safe

Identity protection matters. Get Verified! < LINK REMOVED >

According the new changes in Service Agreement any unverified account will be deleted from the system in 24 hours after receiving this letter.

Tri-Lakes Federal Credit Union Online Banking Support

Phishing screenshot #1:

Phishing screenshot #2:

Websense® Security Labs™ have received reports of a phishing attack that targets TransWest Credit Union customers. Users receive a spoofed email message, which asks them to renew the listed services and that failure to do so will result in the suspension of the services provided. The email provides a link to a phishing site that attempts to collect personal and account information.

This phishing site is hosted in the United States and was up at the time of this alert.

Phishing email text:

Dear Member,

This is your official notification from TransWest Credit Union that the service(s) listed below will be deactivated and deleted if not renewed immediately. Previous notifications have been sent to the Billing Contact assigned to this account. As the Primary Contact, you must renew the service(s) listed below or it will be deactivated and deleted.
Renew Now < URL REMOVED > your account at TransWest Credit Union immediately.
SERVICE: Online Banking.
EXPIRATION: April, 20 , 2007
Thank you for using TransWest Credit Union Online service. We appreciate your business and the opportunity to serve you.
TransWest Credit Union Member Service
*****************************************************************************
IMPORTANT MEMBER SERVICE INFORMATION
*****************************************************************************
Please do not reply to this message. For any inquiries, contact Member Service.
Copyright (c) 2007 TransWest Credit Union. All rights reserved.

Phishing screenshot #1:

Phishing screenshot #2:

The Underserved Area Report identifies the number of Underserved Areas approved and the number of credit unions expanding into underserved areas

The community charter report identifies community conversions, expansions, and new community charters approved under IRPS 99-1, as amended by IRPS 00-1 and IRPS 01-1 or, after May 15, 2003, under IRPS 03-1.

The Trade, Industry, or Profession (TIP) Report identifies all the TIPs approved under IRPS 03-1. The report will be presented in a year-to-date format and is updated quarterly.

National Credit Union Administration (NCUA) Board Member Gigi Hyland met with local credit union officials this morning in Cincinnati, Ohio, to share insights, listen and discuss ideas regarding credit union member business lending.