Federal Employees' IDs Used To Tap CU

Roberts, Ed
June 2005
Credit Union Journal;6/20/2005, Vol. 9 Issue 24, p21
Trade Publication
The article reports that the Federal Deposit Insurance Corp. (FDIC) was warning its employees last week of a security breach that allowed thieves to use employees' identities to take out tens of thousands of dollars of unsecured loans at NIH FCU, in nearby Rockville, Md. The phony loans were uncovered when one of the victimized FDIC employees contacted the credit union in March. The loans were also suspicious because they were made to people outside the credit union's field of membership, which serves employees of the National Institutes of Health, George Washington University and other select groups.


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