By Christian Mullins
Executive Summary:
Coulee Dam CU in Coulee Dam, Washington is the subject of a phishing attack that is more clever than most. Area residents receive an email stating their debit card has been deactivated. Respondents can either click a link to the actual Coulee Dam CU website, or call a generic phone number and leave a message. Anyone who left their phone number was later contacted by the perpetrator(s) who then asked for sensitive information. It is unknown how many members were victimized.
The House of Representatives passed a cluster of bills that, if approved by the Senate and signed by the President, would establish a $300 billion fund for mortgage insurance. The fund would provide aid for approximately 500,000 homeowners struggling to maintain payments. The White House has expressed strong reservations regarding some of the provisions in the larger bill, but has not definitively said it would veto the measure.
Health Savings Accounts (HSAs) and High Deductible Health Plans (HDHPs) are facing a House Ways and Means subcommittee hearing on May 14. While proponents of the plans suggest that the accounts help control overall health care spending as the individual has a greater stake in the payment, opponents point to a Government Accountability Office (GAO) report that found that average HSA enrollees have incomes three times the national average, and contributions that doubled withdrawals, calling into question its actual, versus intended, purpose.
Robbed:
- Les Bois FCU, Boise, Idaho, Thursday. A man walked into the credit union at about 3:00pm Thursday, then demanded and left with an undisclosed amount of cash. A man matching his description was seen casing the area several hours earlier. No one was injured.
Arrested, Arraigned, Charged, or Sentenced:
- Nothing to report today.