Patriot Federal Credit Union says claims their Greencastle ATM had a skimmer were FALSE

27 March 2024- Patriot Federal Credit Union has announced a resounding NO to the speculation that one of their Franklin County ATMs had a “skimmer” device placed on it.

“Skimming”, per the Federal Bureau of Investigation, “occurs when devices illegally installed on ATMs, point-of-sale (POS) terminals, or fuel pumps capture data or record cardholders’ PINs. Criminals use the data to create fake debit or credit cards and then steal from victims’ accounts. It is estimated that skimming costs financial institutions and consumers more than $1 billion each year.”

ATM skimmers, they say, are devices that usually fit over the original card reader. Some ATM skimmers are inserted in the card reader, placed in the terminal, or situated along exposed cables. The skimming devices either track key/button strokes through the device and send it back to nefarious actors.

Patriot has been extremely aware of multiple attempts to defraud their institution and their customers. Just last week, it was Patriot FCU employees who stopped a Bronx woman who was allegedly provided phony driver’s licenses of Patriot members in an effort to defraud a number of people.

Full statement by Patriot is below.

Patriot is aware of false reports of a skimmer device in our Greencastle ATM card reader. All Patriot ATMs have anti-skimming technology installed on every machine, and we are diligent about our security measures. We have inspected the Greencastle ATM and confirm it has no skimming device. We encourage any member who is concerned about their card being compromised to contact us at 888-777-9982.

Additionally, Patriot recommends that all ATM users be aware of the signs of a card skimmer, especially at private ATMs. Some signs that an ATM skimmer has been placed include a raised or bulky card reader, glue, or tape anywhere on the ATM, or damage/scratches around the card reader. Contact the financial institution directly if you see any signs of a skimmer.