NCUA sounds alarm on fraudulent email to CU members

ALEXANDRIA, Va. (5/26/10) - It's always "phishing" season, and the National Credit Union Administration (NCUA) Tuesday issued an alert about a new scam targeting credit union members.

The agency warned of fraudulent emails pretending to come from the NCUA and asking credit union member participation in an "Online Survey" or "Member Survey." The emails even promised a nice $40 compensation as an inducement to respond to the email.

The emails are fraudulent, the NCUA warns, and may be an attempt to obtain confidential member information. The agency does not solicit such information from credit union members.

"This is a phishing activity with no NCUA activity or approval. If you have received these emails please do not respond. If you have any questions or concerns please email NCUA" at this address, pacamail@ncua.gov, an agency alert said.