OCCU Honored for Lowest VISA Debit Fraud Rate
May 2017 - We received quite an honor last week when Member Access Pacific announced that Our Community Credit Union (OCCU) had won the VISA Debit Processing Service (DPS) Client Achievement for Lowest Debit Fraud Rate. This “Best in Class” award is in recognition of OCCU achieving the lowest fraud rate among all U.S. debit card issuing banks and credit unions using the VISA DPS platform during the 2016 program year (January 1, 2016-December 31, 2016).
“Our OCCU VISA team works diligently to protect our member’s accounts daily,” says Kari Waylett, VP of Operations. “Fraud is an ever changing landscape…Card fraud occurs at merchant point of sale, ATM skimming, online orders, etc. For our team to stay on top of the immense amount of information required to combat fraud, it requires a passion and a commitment that is hard to come by. A key component to our success lies in managing our plastics in-house. This award should reassure OCCU VISA cardholders that regardless of size or location, they are protected by one of the best credit unions in the U.S. I am extremely proud of the work our OCCU VISA team provides to our membership and am honored to receive such a reputable award on behalf of OCCU.”
OCCU has 27,000 members, is $359 million in assets and operates branches in Shelton, Union, McCleary, Elma, Montesano and Vashon. Plans to open an 8th full-service branch will take place in Steamboat Square, in Thurston County later in the fall.