ALEXANDRIA, Va. (Dec. 17, 2015) – The National Credit Union Administration is warning consumers about a telephone scam in which consumers are contacted by a caller claiming to work for NCUA and asking for personal and financial information.
The caller tells the consumer her or his credit card or debit card has been frozen or blocked. The caller then asks for the consumer’s Social Security number, account number, date of birth and home address to supposedly verify the information.
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Share Accounts are considered "inactive" after 12 months with no member generated activity.
Once inactive, share accounts will then be assessed a $10.00 monthly inactivity service fee. This fee can be elimianted or avoided by simply depositing or withdrawing any amount from the primary share account at least once per year.
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Federal law requires us to tell you how we collect, share, and protect your personal information.