Archive for August, 2008

Speak to middle America in addressing the credit and housing crisis, was the advice that CUNA President/CEO Dan Mica had for the presidential nominees when asked by Fox Business Network Thursday.

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When a federal credit union has been offering home equity line of credit (HELOC) loans to members for years, can it modify the terms of existing loans to reflect a newly adopted policy, asks CUNA’s Compliance Challenge.

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Credit unions in more states are reporting they’ve been targeted in this month’s waves of voice phishing or vishing attacks, which are occurring at credit unions and other institutions throughout the U.S.

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The National Credit Union Foundation (NCUF), in partnership with World Council of Credit Unions, has launched a new international designation in NCUF’s Development Education program.

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Nearly one-fourth of college students surveyed recently don’t consider long-term ramifications when they use a credit card. Instead they will go into debt for months, simply to enjoy the moment, according to a new study.

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CUNA’s Washington, D.C. and Madison, Wis., offices will be closed on Monday in observance of the Labor Day holiday. News Now will not publish Monday but will resume regular publication Tuesday.

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Fraudulent Phone Calls About Gesa Credit Union
KAPP, WA - Aug 29, 2008
AP If you have received a suspicious phone call that says "Hello, this is a message from gas-sah credit union…" press XX. Members and non-members are
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Ohio Credit Union Consumers Alerted of a Phishing Fraud
SPAMfighter News, Denmark - Aug 29, 2008
The Ohio Credit Union League is entreating people receiving these e-mails to not communicate at the given number, as it is a phishing fraud.
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Montanans targeted by fraudulent phishing attack
West Yellowstone News, MT - Aug 29, 2008
The Montana Credit Union Network is urging recipients to NOT call this number; this is a phishing scam. Phishing is a fraudulent attempt to try to access
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NEW: Another credit union reports 'robo-calling' scam
Alton Telegraph, IL - Aug 26, 2008
a "phishing" scam call. In July, residents and businesses received automated calls claiming there were problems with their Olin Community Credit Union
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