ISU Credit Union will be closed Friday, July 3 and Saturday, July 4th, 2020. Online Banking, Smart Phone Apps, Mobile Banking, PAT and ATM access will be available.
Welcome to our Security Center!
At ISU Credit Union, we value the security and privacy of your personal information.
Our security center provides you with information to help you avoid identity theft and fraud. We urge you to become familiar with the information provided in the links below to better protect yourself against fraud and identity theft. We will update this section frequently, so be sure to visit this site often.
EMV / Chip Card Tutorial Video
EMV Enables The Next Generation of Payments
About EMV Chip-Enhanced Cards
Chip & PIN is a very similar technology, except that you use a PIN to complete a purchase instead of a signature. Both chip & PIN and chip & signature offer enhanced security against counterfeiting compared to the traditional magnetic stripe-only Cards.
You may need to update your card information where it is stored for recurring payments, such as online bills and subscriptions. Please update your recurring payment information to ensure that you do not miss a payment.
When you come across a chip-specific merchant terminal, simply insert your EMV card into the slot in the terminal and follow the prompts on the screen. You may still need to sign to authorize the transaction, and as usual you will receive a confirmation receipt.
If the Merchant terminal does not accept chip cards, you or the merchant can still swipe the EMV card in exactly the same way as you do today. You can always follow the prompts on the merchant terminal if you aren’t sure whether you should swipe or insert your Card.
Other issuers and companies may refer to chip cards differently, but all of these are different names for the same technology
The transaction flow with EMV payments is much the same but - with the addition of dynamic authentication and the chip technology - makes EMV transactions more secure:
EMV cards come with advanced security due to the chip technology that makes it difficult for a fraudster to counterfeit. These additional features help protect you when used at participating retailers.
We are moving quickly and aggressively to bring the next generation of secure banking to our members. New rules mandate all financial institutions in the US have this new EMV system in place by December 2015.
There is still time to implement the system but we chose to act now because so many merchant security breaches over the past two years have affected our members. Account security is our number one concern.
Thanks for working with us through these enhancements..
EMV, which stands for Europay, MasterCard and Visa, is a global standard for credit and debit payment cards using embedded microchips. ISU Credit Union's EMV credit and debit cards have an embedded microchip that provides enhanced security features and added protection at payment terminals locally and abroad.
We’ve partnered with a national identity theft protection service called Fraud Defender to help provide aggressive safeguards for our valued members. Our new streamlined checking accounts will come with both financial rewards as before and peace of mind by being part of an identity protection system.
ISU Credit Union takes the safety and security of your accounts very seriously, and we take extensive safeguards to protect your information and your funds. We urge you to click on the links below and read about what you can do to further protect yourself against fraud and identify theft.