Interchange Action Calls Ending
Published: Thursday, June 9, 2011
Over the past year, ELFCU has asked members to voice concerns to lawmakers regarding legislation impacting interchange – the fees that merchants pay to debit and credit card issuers, such as your credit union. While we appreciate that many of our employees and members took the time to contact their representatives in Congress, our legislative efforts to protect revenue from interchange have ended for now.
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ATM and Debit Card Issues Resolved
Published: Tuesday, May 24, 2011
Thank you for your patience yesterday as CO-OP Network, the partner that handles debit card and ATM transactions for our membership, experienced a service outage due to weather-related issues. CO-OP Network worked on the problem with extreme urgency and has resolved the issues with debit and ATM transactions. We sincerely apologize for the inconvenience this outage may have caused you. We appreciate your business!
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ELFCU’s Cars for Kids Continues!: Stop Here for Your Loan and a Donation
Published: Tuesday, May 17, 2011
For every vehicle we finance from April 21 through June 30, 2011, we’ll donate $50 to Riley Hospital for Children, up to a grand total of $10,000. That translates to 200 cars in 70 days. Will yours be one of them?
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Michaels Stores Reports Credit and Debit Card Data Compromise
Published: Thursday, May 12, 2011
National arts and crafts retailer Michaels Stores, based in Irving, Texas, has reported a potential credit and debit card compromise. The company believes PIN pad tampering occurred at Chicago-area stores, which may have compromised consumer credit and debit card information, potentially including PINs. Fraudulent transactions were reported over the weekend of April 30-May 1, 2011, which initiated an investigation.
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Look Straight Ahead to Home Ownership
Published: Monday, May 9, 2011
Yes, buying a house is still a great deal in 2011! With average U.S. home prices even lower than they were a year ago*, now is the time to buy. Mortgage rates remain extremely low, as well. If you or someone you know is graduating, getting a job, and ready to make a sound investment versus renting, ELFCU’s First-Time Homebuyer Program clearly is the answer.
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Go Green, Buy Smart as Gas Prices Travel Higher
Published: Wednesday, May 4, 2011
Where are gas prices headed next? Some analysts predict $6 a gallon or higher by summertime. In the spirit of Smart Money, ELFCU wants to help members find greener alternatives. We have three programs in place that make good sense for drivers seeking more economical and environmentally-friendly auto buying decisions.
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Calling All Bikers to ELFCU!
Published: Wednesday, May 4, 2011
Whether you’re serious
Sturgis material or just a beginning motorcycle enthusiast, we want to help you support your hobby. And these days, a motorcycle represents far more than recreation. It can also stand for a
greener footprint and more cash in your pocket as gas prices soar this spring and summer.
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Fraud Alert: New Automated Calls Target Debit Cards
Published: Monday, May 2, 2011
ELFCU members have recently reported fraudulent
automated phone calls regarding debit cards. During this call,
a pre-recorded message advises the recipient that his/her debit card has been blocked and prompts the recipient to “press 1 to cancel the block or press 2 to continue with blocking.” The call may continue with a request for debit card information.
This is not a legitimate call.
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