

Internet Teller Changes
Subtle Changes Make Things Easy! Recent changes in the display format groups Shares & Investments separately from Loans. The loan format now displays a snapshot of the loan account. You can now quickly search for the last deposit or for single or multiple cleared checks by using the new History Search! History Search is available from either an Account History or Account Summary display. Want access to additional accounts? We have added a new feature that lets you submit a request!
Malware Alert!
January 31, 2012 A new method of infecting PCs with malware...
Researchers have discovered a new method of infecting PCs with malware, this time no web browser is required. This new method of drive-by infection occurs in your Inbox and no attachments are necessary. This latest form of e-mails uses JavaScript to automatically download malware whenever the email is opened. The current emails being spotted have the subject "Banking security update" and appear to come from fdic.com. This only proves the need for anti-malware tools and the importance of keeping them up to date.
January 9, 2012
|
Another Version of Zeus is on the Loose |
|
|
|
The Federal Bureau of Investigation (FBI) recently issued an alert on a new version of the Zeus Trojan called Gameover, which is distributed via spear phishing attacks aimed at commercial accounts and ultimately lead to account takeovers. Emails purporting to be from NACHA (The Electronic Payments Association) inform the victim organizations of a failed ACH transaction. The victim’s computer is infected with the Trojan when they click on the link contained in the email. |
The Ramnit Worm
This brief article will validate why it is essential to use strong login credentials and to NOT use the same credentials for more than one application. Please read on:
Researchers at Seculert say the Ramnit worm is now targeting Facebook.
Lab researchers working for the Israel-based provider of cyberthreat management services say Ramnit has been linked to the compromise of more than 45,000 Facebook log-in credentials, primarily hitting users in the United Kingdom and France.
We suspect that the attackers behind Ramnit are using the stolen credentials to log in to victims' Facebook accounts and to transmit malicious links to their friends, thereby magnifying the malware's spread even further.
In addition, cybercriminals are taking advantage of the fact that users tend to use the same password in various web-based services (Facebook, Gmail, Corporate SSL VPN, Outlook Web Access, etc.) to gain remote access to corporate networks.
Ramnit is a worm, which means, unlike malware, it can spread to other computers without being sent through e-mail or a malicious website. Ramnit, which surfaced in April 2010, continues to evolve.
~~~~~~~~~~~~ ~~~~~~~~~~~~ ~~~~~~~~~
December 28, 2011
In an ironic twist, a new phishing scheme, purporting to be from the Federal Deposit Insurance Corp., actually claims to offer assistance with ACH and wire fraud, but instead delivers malware that could enable fraud.
The FDIC issued a new alert about an attack that claims retail and commercial accounts have been suspended because of suspected ACH and wire fraud. The e-mails state, "Your account ACH and WIRE transaction has been temporarily suspended for security reasons due to the expiration of your security version." The messages then go on to say that an attached PDF document contains instructions about how the business or consumer can download and install updated security versions.
The e-mails contain the attachment "FDIC_document.zip," which the FDIC warns likely unleashes malware to be installed on the recipient's PC. The fraudulent e-mails about ACH and wire accounts could be used to commit bogus ACH and wire transactions, leading to the siphoning of customer accounts.
"Financial institutions and consumers should be aware that these fraudulent e-mails may be modified over time with other subject lines, sender names and narratives," the FDIC states.
The FDIC has recently seen a number of targeted phishing scams. On Aug. 17, the FDIC was the target of a similar attack, with the subject line, "FDIC: Your business account"
Turbo Tax Now Available!
Get a head start on your taxes!

The link to Turbo Tax is provided as a courtesy. Sterling Federal Credit Union does not provide tax information nor do we insure or guarantee any Turbo Tax products.
Scholarships Available!
The Scholarship Committee is pleased to announce that Scholarship Applications are now available!
A minimum of twelve (12) Scholarships will be awarded to deserving High School Graduates for the 2011-2012 academic year. The amount of each scholarship is $500.00.
Eligibility Requirements:
Graduating High School Senior,
Sterling Federal Credit Union Member
for a minimum of 6 months prior to submission deadline,
Resident of
And a U.S. Citizen
Application Deadline
March 31, 2012
Applications are also available at the credit union.
*************************************************
With college costs growing fast, it’s time to borrow smarter. The CU Student HELP Smart Option Student Loan offers multiple repayment options and competitive interest rates to help you pay for college expenses not covered by scholarships and federal loans.
If you need help in financing your education, CU Student Help may be right for you! Get more info:

Debit Cards Require PINs
Please remember that to use your Debit Card you must use your PIN.
This action is being taken due to a high volume of fraud on Signature transactions at stores such as:
Lowes, Home Depot, Grocery Stores, Wal-Mart, Target,
K-Mart, Sports Authority, Cabelas, Dicks, Staples, and Office Max.
ALL SIGNATURE TRANSACTIONS AT MERCHANTS of these types will be denied.
In order to use your debit card you must use your PIN.
This action is deemed necessary in order to protect the entire membership.
Credit Union Foundation Scholarship
The Credit Union Foundation of Colorado and Wyoming presents The Brayman-Beach Scholarship.
The Scholarship is named in honor of two visionary leaders in the credit union movement, Susan J. Brayman and Carroll D. Beach.
This scholarship is awarded to Colorado credit union members pursuing an undergraduate business degree.
One $5,000 scholarship is awarded annually.
Click here for more information and to apply on-line!
Join us March 31, 2012!
Get ready to celebrate 74 years of credit union service and be a part of the International Year of the Cooperatives Celebration!
The Annual Membership Meeting is March 31, 2012.
Wally Post Gymnasium - Sterling High School
Supper 5:30 pm - Tickets $5
The United Nations General Assembly has declared 2012 as the International Year of Cooperatives (IYC). As financial cooperatives, credit unions are part of this year-long celebration, which highlights the contributions cooperatives make to developing their communities socially and economically. In the U.S., credit unions make up the largest segment of cooperatives.
Please plan on joining us and celebrate the cooperative difference!

Request for Volunteers
Request for Volunteers
A credit union is a financial cooperative with a Board of Directors comprised of members who volunteer their time and expertise to the credit union. The Board acts on behalf of the membership to safeguard their deposits, establish and review policies, and respond to the financial needs of members. The Board is also responsible for the credit unions growth, success, and financial stability.
If you are interested in a volunteer position on the Board of Directors, please contact the Nominating Committee at the credit union – 970.522.0111.
Election of volunteers will not be conducted by ballot and there will be no nominations from the floor at the Annual Membership Meeting when the number of nominees equals the number of positions to be filled.