Thank you for sharing!

Your article was successfully shared with the contacts you provided.

ST. PAUL, Minn. – About 200 members of the $636 million HiWay FCU had credit and debit cards that were charged twice when a processing error with the Walgreens drug store retailing chain passed though the extra charges. According to a story in the Minneapolis Star Tribune, the credit union posted 1,000 additional transactions to credit and debit accounts which wound up in $21,000 in additional charges. Walgreens blamed the overcharges, which took place over December 23-24, 2004 on a computer malfunction exacerbated by the holiday shopping volume. The way the holidays fell over the weekend had an impact as well since they prevented their processor from catching and remedying the overcharges earlier, the paper reported.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2022 ALM Global, LLC. All Rights Reserved.