SQUAMISH, Canada – The Royal Canadian Mounted Police are blaming a ring of identity thieves for a series of thefts at a credit union and other financial institutions in which the thieves stole machines used to generate ATM cards, according to a story in the Pemberton Question, a local paper serving the community of Squamish. In the case of the Squamish Credit Union, the thieves are suspected of making off with both a machine used to generate ATM cards and another to print data onto passbooks. Police believe the thieves stole the passbook machine because they mistook it for a machine the credit union uses to encode members’ personal identification numbers on ATM cards. Police said that financial institutions in surrounding communities have suffered similar thefts in the past week.

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 © 2023 ALM Global, LLC. All Rights Reserved.