The personal website of Chris Coyier

Target

This thing with credit card information from Target being compromised is pretty crazy.

I’ve been with the same credit union for going on 20 years and I like them so I stick with them. But it’s about 90 minutes from where I live now. I don’t deal with my account there in any other way than using that card to get cash or buy stuff.

Because of the compromise, my debit/credit card with them was cancelled and they automatically ordered me a new one. It’s going to take at least 6 weeks.

So for 6 weeks, any activity whatsoever with that account stops. I’m just going to have to use other credit cards and then pay those off directly from the account (I assume that still works).

I wonder how that affects a small credit union like mine? Is any significant portion of their revenue tied to me actively using my account through my card? If it is, they are going to lose 11.5% of their revenue for the year from me through this one incident they couldn’t even control. I bet a majority of their customers had this happen to them – since it’s an affluent-suburbs kinda area covered in Targets.

It’s a pain in the butt for me, but hopefully it doesn’t ruin them.