Scammers pose as Pacific Northwest credit unions in fraudulent text messages

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(Washington News Service) Washington and Oregon credit unions are working together to tackle text-message scammers. 

Credit unions in the region say they're seeing a sharp increase in complaints about fraudulent texts pretending to be from the regional financial institutions. 

At the peak of the scam, one credit union fielded between 200 and 400 calls per day from people reporting it. Wendy Smith is chief risk officer for Columbia Credit Union, based in Vancouver.