News & Events
An Important Message from Creighton Federal President Tom Kjar:
You can relax!
Your personal information is safe and has not been hacked. Your credit cards
have not been compromised. Your deposits are safe!
Sometime early in February some bad guys committed a fraud using Creighton Federal debit card numbers. Please note, they didn’t steal any member data. They used some of our members’ debit cards to charge for online purchases those members didn’t make. Here’s how they did it.
The bad guys used computers to attempt online transactions, typically $.99, using
thousands of debit card numbers generated randomly by computers. If a debit card
number was accepted and the transaction went through, the bad guys tried larger
transactions using the accepted debit card number. This happened hundreds – probably thousands of times within a few days … debit card bandits have to work quickly. Our security systems were able to detect many of the fraudulent transactions and attempts within a short time.
In order to defeat the thieves, for a short time we limited online debit card transactions to one per day. While this was a temporary inconvenience for some of our members – and we sincerely apologize if it was – the limit served everyone in the long run. During this time debit cards could still be used without limits for in-person purchases at stores and ATM transactions were not affected.
Thankfully, things are pretty much back to normal. We are in the process of implementing even beefier debit card fraud protection measures that we believe will keep this from happening again.
Here’s what you can do to help beat back the bad guys.
- Monitor your checking account for unusual transactions using our free Mobile Banking or Online Banking. Report any suspicious transactions.
- Enroll in SecurLOCK Equip. It gives you control of your debit card. The SecurLOCK Equip app is free. Download it from your app store. With it you can:
- Turn your debit card on and off
- Set alerts, denying transactions based on merchant type and location
- Monitor and control dependent cardholder’s usage
- Receive notices of possible fraud and take action.
So now, you can relax!
HOW YOUR ACCOUNTS AT CREIGHTON FEDERAL ARE FEDERALLY INSURED
WHAT IS THE NCUA?
The National Credit Union Administration, commonly referred to as NCUA, is an independent agency of the United States government that regulates and manages the National Credit Union Share Insurance Fund (NCUSIF). Backed by the full faith and credit of the U.S. government, the NCUSIF insures the accounts of millions of account holders in all federal credit unions.
WHY IS NCUSIF SHARE INSURANCE COVERAGE IMPORTANT?
Share insurance coverage offered through the NCUSIF protects members against losses if a federally insured credit union should fail. You can confidently join and conduct business with federally insured credit unions because no member has ever lost a penny from accounts insured by the NCUSIF.
WHAT BASIC COVERAGE IS PROVIDED BY THE NCUSIF?
The NCUSIF provides all members of federally insured credit unions with $250,000 in coverage for their single ownership accounts. Individuals with account balances totaling $250,000 or less at the same insured credit union are fully insured.
If a person has more than $250,000 at any single credit union, several options are available for additional share insurance coverage in addition to the coverage available to their single ownership accounts.
Joint accounts are owned by two or more people who have equal rights to withdraw money from the account and no beneficiaries are named. The NCUSIF provides each joint account holder with $250,000 coverage for their aggregate interest at each federally insured credit union. For example, a two-person joint account with no beneficiaries has $500,000 in coverage. This coverage is separate from and in addition to the coverage available for other accounts such as individual accounts with no beneficiaries and retirement accounts.
Members with traditional and Roth Individual Retirement Accounts (IRAs) have additional coverage available. The NCUSIF insures traditional and Roth IRAs for $250,000 in the aggregate. Retirement account insurance protection is separate and apart from insurance coverage on other credit union accounts.
Revocable trust accounts qualify for insurance coverage of up to $250,000 per beneficiary named by the owner (if a member of the credit union) that is separate from individual coverage available to the trust owner. This coverage is separate from the coverage provided to the other types of accounts held by the trust’s owner at the same federally insured credit union. Irrevocable trust has separate coverage based on the beneficial interest. The interest of each beneficiary in an account (or accounts) established as an irrevocable trust has separate NCUSIF coverage of up to $250,000.
HOW DO I KNOW CREIGHTON FEDERAL CREDIT UNION IS FEDERALLY INSURED?
Federally insured credit unions advertise their insured status by displaying the official NCUSIF insurance sign in their offices and branches.
THE NCUA SHARE INSURANCE ESTIMATOR
The NCUA Electronic Share Insurance Estimator is available to help members better understand the protection offered by the NCUSIF. This interactive site allows users to input data to compute the amount of NCUSIF coverage available under different account scenarios. This resource is available at MyCreditUnion.gov/estimator.
New Mobile App
If you don't have this app on your phone you're about to miss out on a whole new dimension in Creighton Federal Personal Banking.
Fast, secure and free access to all your accounts, anytime, anywhere. Balances, electronic statements, moneytransfers, online bill pay and more.
And soon Remote Check Deposit by phone.
Download at the IOS App Store or Google Play. This is the beginning of a whole new relationship.
Free Online Banking, Electronic Bill Pay and E-statements
Any time you choose, anywhere you choose, CFCU's Online Banking will enable you to:
- Check account balances
- Review your account history
- Review loan information
- Transfer funds between accounts
- Download account information to Quicken™ or MS Money™
With Electronic Bill Pay, you can pay almost anybody, one time, many times, anytime.
And with E-statements, you’ll receive your Creighton Federal monthly and quarterly statement electronically, via secure link in your email. Enjoy the convenience of FREE E-statements any place with an internet connection.
Some of the Ways Creighton Federal Helps You Keep More of Your Money
- Free mobile app for fast and secure access to your accounts
- No ATM transaction charges at over 100 Creighton Federal or Cash Corner ATMs
- Low credit card interest charges on account balances
- Free debit card and no usage charges
- Free Online Banking and Bill Pay service
- Low home mortgage and home equity loan rates
- Low secured and personal loan rates
- No hidden fees, loan origination fees or other “funky” fees
- No early withdrawal penalty on certificates of deposit over minimum balance
*As low as. Rate determined by credit score and normal underwriting criteria as well as loan term and age of vehicle. Higher rates may apply on applications with higher indications of credit risk. Creighton Federal reserves the right to adjust rates based on applicant credit history and credit score.Go to main navigation