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Online Banking Platform Not Vulnerable to Impacts of “Heartbleed” Bug

On April 7, 2014, Williams Lake and District Credit Union became aware of concerns regarding an Internet software security flaw and immediately began an assessment to determine the impact, if any, to its services.

The affected technology, OpenSSL, is not used by the Credit Union's online banking system, thus the system has not been affected. This means that the Heartbleed bug does not pose a threat to any of the direct banking platforms, including Online Services and Mobile Services (web and apps).

The so-called Heartbleed bug takes advantage of a software defect that allows hackers to access web-encrypted sites and potentially access users’ personal information such as bank account numbers and passwords.

It has become public knowledge that users who want to take additional precautions to protect sensitive information in their banking and email accounts, for example, may wish to change their passwords; however, they should not undertake this exercise until they have confirmation that the site or application that they are accessing has been patched to address this issue.

More information on the Heartbleed bug is available at http://heartbleed.com.

Paper Statement Fee

Williams Lake and District Credit Union will be implementing a Paper Statement Fee of $2 per month, effective April 1, 2014.

To avoid paying this additional fee, we encourage you to consider moving from a paper-based option to e-Statements. More

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