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Ohio Credit Unions Hit By Debit Card Fraud, More Than 200 at One CU

Ohio League says breach shows how financial burden falls on credit unions, not retailers.

By Natasha Chilingerian | Updated on June 21, 2011

Several credit unions in Northeast Ohio, including the Cleveland-based, $311 million Century Federal Credit Union, were affected by a debit card fraud breach that began in April, according to reports from the suburban North Olmsted Police Department.

Police reports indicate that criminals made fraudulent purchases from six Century FCU accounts, as well as from two accounts at the Cleveland-based, $180 million Firefighters Community Credit Union, two accounts at the Parma, Ohio-based $100 million PSE Credit Union, one account at the Cleveland-based, $36 million Steel Valley Federal Credit Union and one account at the Akron, Ohio-based, $180 million GenFed Credit Union.

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Natasha Chilingerian

Natasha Chilingerian

Natasha Chilingerian has worked in the credit union space for over a decade. She joined CU Times as managing editor in 2015 and was promoted to executive editor in 2019. Before that, she served as a communications specialist for Xceed Financial Credit Union (now Kinecta Federal Credit Union) in Los Angeles from 2013-2015, and as a CU Times freelancer from 2011-2013. She has been a professional writer and editor for more than 17 years, specializing in news and lifestyle journalism as well as marketing copywriting for companies in the finance and technology space.

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