ST. PAUL, Minn. — Credit unions might be entitled to borrow actor Telly Savalas' catch phrase from the old television show Kojak and ask consumers, "Who loves ya, Baby?"
After all, in a number of states credit unions are taking the lead in initiating bills to protect credit card data. The issue hits home with lawmakers who have been personally affected by identity theft.
Minnesota has actually passed the nation's first credit card data protection law. It won approval by solid margins of 122-4 in the state House and 63-1 in the Senate. It was signed by Gov. Tim Pawlenty in late May.
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