The $2.7 billion, Richmond, Va.-based Virginia Credit Union is investigating card skimming incidents at several ATMs and resulting fraud. VACU is issuing new cards and making refunds following the discovery that left 2,000 debit cardholders vulnerable.

"There has been some ATM skimming that has taken place in the area; we've been a victim of that as well," Glen Birch, VACU's director of public and media information, said. "It's affected some of our members and we are issuing them new cards, giving them some tips of what they can do in the meantime, such as changing their PIN, and also providing assurance that they have zero liability."

The credit union discovered the devices during normal maintenance at on one of its branch ATMs. That led VACU to launch an investigation. The credit union discovered card skimming occurred at two full service branches at Southpark and Glenside, Va. over a limited period of time.

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Roy Urrico

Roy W. Urrico specializes in articles about financial technology and services for Credit Union Times, as well as ghostwriting, copywriting, and case studies. Also: writer/editor of a semi-annual newsletter for Association for Financial Technology since 1997 and history projects funded by the U.S Interior Department, National Park Service and Warren County (N.Y.).