Students and faculty at the Community Credit Union of America (CCUA) are being urged to keep a close eye on their credit card accounts following a wave of credit card scams targeting them.CCUA President Bob Cervone told CBS News that the number of fraudulent charges is staggering, and the agency is actively monitoring its online credit cards to make sure its employees are protected from fraudulent activity.CCU employees are also being urged not to use the same credit cards as others on campus, Cervones said.
The company has a policy against unauthorized purchases, and if you have been targeted by a fraudster, you should contact CCUA at 1-800-827-3914.
“We have to protect everyone’s credit card,” Cervoney said.
“If it is a consumer, it’s our obligation to protect them.”CCUA has reported more than 300 fraudulent charges against its staff over the past year.
CervONES said the company has been proactive in the last few weeks and is working to increase its vigilance against credit-card fraud.CCUSA is the second largest credit union in the country and offers full-time and part-time employees access to online banking, student financial aid, and other services.
The school also provides an extensive online credit card program, allowing students and employees to set up multiple accounts at one time, with no additional fees.
The school also offers online access to credit-score information for students and faculty, which is used to determine whether they are eligible for financial aid.CCUs enrollment also has been increasing as more college students enter higher-paying jobs.
The number of graduates enrolled in a four-year degree program at CCAUs increased by 50 percent from the previous year, according to CervONE.CCCA has also reported that the overall college enrollment has also increased by over 100,000 students in the past few years, according the college’s annual report.
The total number of full- and part time students at the college increased by roughly 150,000 last year, Ccavones said in an interview with CBS News.