Patelco Credit Union, a major financial institution, recently fell victim to a disruptive ransomware attack, leaving nearly half a million members without access to essential banking services. The extensive outage is expected to persist for an extended period, potentially lasting weeks while the credit union works to resolve the issue and restore full functionality.

Key elements of the text include:
– Ransomware attack on Patelco Credit Union
– Close to half a million members affected
– Services disrupted include online banking, mobile app, direct deposits, transfers, debit and credit card transactions, Zelle, balance inquiries, online bill payments, and monthly statements
– Restoration expected to take weeks to complete

You can read this full article at: https://www.housingwire.com/articles/patelco-credit-union-ransomware-attack/(subscription required)

Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.