CU Blocks Hundreds Of Debit Cards Due To Target Breach

IDAHO FALLS, Idaho — East Idaho Credit Union has shut down hundreds of its members' debit cards due to the Target breach

Processing Content

Many members noticed their cards stopped working Thursday night.

CEO Brad Bauges told Credit Union Journal that the $260 million credit union decided to block and reissue the cards after it dug into its transaction data.

"We noticed that quite a few members used their cards at Target during the breach period," said Bauges. "Then we started seeing quite a bit of fraud coming in, and due to the severity of the breach, we decided it was best to block those cards."

Bauges said the blocked cards represent 5% of the CU's debit card base. New cards are being mailed to members.

Target reported that the breach involved up to 40 million accounts. The compromise occurred between November 27 and December 15.


For reprint and licensing requests for this article, click here.
Payments
MORE FROM AMERICAN BANKER
Load More