Spring 2007 Newsletter

The New Identity Theft Scam: “Vishing”

One of the fastest growing concerns nation-wide is the practice of identity theft. According to the Javelin/Better Business Bureau Survey conducted in January 2006, 8.9 million people became victims of identity theft over the course of the last 12 months. Identity Theft Resource Center states that victims spend an average of 600 hours recovering from the crime. You can help prevent identity theft from happening to you. Be aware of the different types of identity theft scams:

Phishing: In phishing scams, the victim is asked to disclose valuable personal data like credit card numbers, passwords, account data, or other information. Phishing schemes are usually conducted via email. Remember, if you didn’t initiate the contact, don’t give out your personal information!
Pretexting: Like phishing, pretexting tries to obtain your personal information. These scam artists then turn around and open up accounts – checking accounts, credit card accounts, home mortgages – all in your name. Protect yourself by checking your credit history on a regular basis.
NEW! Vishing: As in phishing, vishing scams begin with an email. The email then directs victims to call an automated number and enter information such as credit card numbers, personal access numbers, and other information. Collected data is then accessed. Remember, most companies won’t ask for all of your information; the last few digits of your account should suffice.

Don’t be a victim; education is the best prevention. If you think you may have been a victim of one of these identity theft crimes, immediately contact your credit union.

Members Make it Happen!
Attend the Annual Meeting

As a member of North Penn Federal Credit Union, you may already know the many benefits to managing your fi nances with us instead of another fi nancial institution. But did you know another BIG difference between credit unions and banks? Here at the Credit Union, you are part owner and may participate in the election of the Board of Directors.

Join us as we celebrate the credit union difference at this year’s Annual Meeting!

Date: May 3rd
Time: 12:00 pm - 2:00 pm
Location: Lunch room at the Credit Union

Real Time Decisioning from FIS

To help protect you from additional fraud, we have enhanced our existing security protection. We already protect your account by reviewing activity after transactions are approved. We attempt to contact you if a transaction falls outside of your normal spending pattern.

As criminals become more sophisticated, the need to protect your account during the transaction could prevent additional fraud immediately at the merchant. In some instances you may be declined at the merchant if the activity is considered extremely suspicious. With a simple call to your credit union, we’ll validate the transaction and allow you to continue shopping immediately.

We hope you enjoy the peace of mind that comes with knowing your card carries the latest state-of-the-art security features.

www.northpennfcu.org

Fee Schedule
Effective March 1, 2007

Automatic transfer of funds from a Share Account to a Draft Account	$2.00
This fee will be applied to your draft account(s). Draft Printing	(fee depends on style of draft ordered)
Certified Draft	$8.00
Credit Union Check	$8.00
Traveler’s Checks for Two	$2.00 per $100.00
Deposited Checks (and other items) Returned Unpaid	$15.00
An account is considered dormant if for one year no withdrawals or deposits, other than credited dividends, have been made to your account. The fee for a dormant account is $18.00 per quarter. This fee is charged to the Share Account.
Skip Trace Charge	$20.00
Garnishments	actual cost
Executions	actual cost
Levies	actual cost
Overdraft – each overdraft paid*	$2.00
Non-sufficient Funds – each	$15.00
Non-sufficient Funds – preauthorized withdrawal	$15.00
Account Activity Printout	$2.00 per page
Account Research	$20.00 per hour
Account Balancing Assistance	$20.00 per hour
Telephone Payment from Share Draft to Third Party	$8.00 In excess one per month
Stop Payments (credit union check)	$10.00
Stop Payments – draft	$10.00
Stop Payments – ACH payment	$10.00
Wire Transfer
International	$35.00
Outgoing	$15.00
Photocopy	$2.00
Copy of Draft	$2.00
Collection Item (incoming)	$8.00
Collection Item (outgoing)	$8.00
VISA® Over Credit Limit	$18.00
VISA® Late Payment	$18.00
Return VISA® Payment	$18.00
Replacement Card	$5.00
Escheat Processing Fee	$65.00
*Fee applies when an overdraft is created by check, in-person withdrawal, ATM withdrawal, or other electronic means.

Verified By VISA®

Verifi ed by VISA® protects VISA® Card numbers against unauthorized use online. This is a new service that enhances your existing VISA® Card with a personal password you create. You get added safety, and the reassurance that only you can use your VISA® Card online.

To protect your Credit Union VISA® Card, log onto www.usa.visa.com and in just a few minutes you can register your VISA® Card and start shopping with added safety online.