ST. JOSEPH, MI – United Federal Credit Union is working closely with law enforcement officials to identify the perpetrators of a scam involving fraudulent debit card transactions. The crimes occurred at the Niles, Stevensville, Benton Harbor and Holland branches in Michigan starting in December 2016.
Michigan State Police Niles Post issued a press release on September 5th to the media concerning the investigation. That information was then shared with the general public. After the information was shared to the public through media, UFCU began getting phone calls from concerned members.
United Federal Credit Union is ensuring each of their members that no legitimate member accounts have been compromised as the crimes involve the deposit of fraudulent checks into new accounts, and then the withdrawal of funds from those accounts using debit cards issued to accomplices in the scam.
Michigan State Police are asking anyone with information to please contact the Niles Post detective bureau at (269) 683-4411or call Crime Stoppers at (574) 288-STOP.
Although no UFCU member accounts are in jeopardy, incidents like these serve as reminders of the prevalence of credit and debit card scams at financial institutions nationwide. For information on how to protect yourself from credit and debit card fraud, visit the Advice Hub section of unitedfcu.com, or click here.
United Federal Credit Union has served its Members since 1949 by helping them to build a sound financial future. UFCU consists of more than 150,000 Member/owners worldwide, and manages assets in excess of $2 billion. Its corporate offices and main branch are located in St. Joseph, Mich., with additional branches in Arkansas, Indiana, Michigan, North Carolina, Nevada, and Ohio.