Pa. Credit Union Association joins suit against Equifax

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A trade group representing Pennsylvania credit unions has joined a class-action lawsuit against Equifax, saying financial institutions will incur years of fraud-related expenses because of the recent data breach at the company.

The Pennsylvania Credit Union Association is one of eight state and regional trade groups to join the suit since the Credit Union National Association filed it Oct. 4.

The complaint alleges that credit unions will be on the hook for costs like canceling and reissuing compromised credit cards, reimbursing members for fraudulent charges, increasing fraudulent activity monitoring and notifying members of fraud on their […] Read more

PA Credit Union Association to join Equifax Litigation

DAUPHIN COUNTY, Pa.– After Equifax was hacked,  more than 145 million Americans’ identities and credit histories were compromised and the Credit Union National Association (CUNA) filed a class-action lawsuit against the company on October 4. The Pennsylvania Credit Union Association (PCUA) has joined the litigation as plaintiffs.

The PCUA Board of Directors’ decision to join the lawsuit came after management conducted a thorough due diligence that determined credit unions and other financial institutions will likely bear long-term costs as a result of the breach. These costs include canceling and reissuing an untold number of compromised cards, reimbursing consumers […] Read more

Leominster Credit Union holding two free home buyers seminars

Leominster Credit Union holding two free home buyers seminars

LEOMINSTER, MA (September 13, 2017) — Leominster Credit Union is holding two free homebuyers’ seminars in October.  The Fresh Start Mortgage Seminar will be held on Wednesday, October 18 and a First Time Homebuyers Seminar on Wednesday, October 25.  Both will be held at LCU headquarters, 18 Adams Street, Leominster from 6:00pm – 7:30pm.

The Fresh Start Mortgage seminar will address the specific needs of prospective homebuyers who either have a lack of credit or have had past credit issues.  Experts in all areas of budgeting, credit, mortgage, and legal will be present […] Read more

Trans Union Hit with Largest FCRA Verdict to Date | Robinson+Cole Data Privacy + Security Insider

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