To help protect our members and reduce fraud, HUD Federal Credit Union is following new Visa and Mastercard requirements for Account Funding Transactions (AFTs). These transactions occur when funds are transferred from your HUD FCU account or debit card to third-party platforms such as PayPal, Venmo, Cash App, cryptocurrency wallets, or other online payment services
Stored funds on these platforms have become common targets for fraudsters. To enhance security and comply with industry standards, transaction and velocity limits are being enforced on AFTs. These measures help safeguard member accounts and prevent unauthorized transfers
HUD FCU encourages members to stay vigilant when using third-party apps. Always confirm you’re using secure, trusted services and never share your login credentials or card information with others.
