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Patelco Credit Union Suffers Major Security Breach

Half a million members face banking disruptions as Patelco works to restore services after a significant cyberattack.

The Patelco Credit Union branch in the East Bay city of Dublin is shown in 2018. The credit union experienced a major security breach over the weekend.
The Patelco Credit Union branch in San Leandro is pictured. 

Overview

  • Critical banking functions like transfers and direct deposits are currently inaccessible.
  • Members are advised to use shared ATMs and alternative payment methods.
  • Patelco reassures members that their funds are insured and protected.
  • The credit union's CEO has apologized and promised ongoing updates.
  • Customers express frustration over the lack of detailed information and slow response.