Self-Serve PAC Reset is a digital banking feature that allows members to reset their Personal Access Codes (PAC) whenever they need to, at the time they need to. Without Self-Serve PAC Reset, members must contact ABCU Credit Union to request a password reset during the business hours. Self-Serve PAC Reset functionality relies on 2-Step Verification to authenticate members before they can reset a PAC.
ABCU will be implementing 2-Step Verification (2SV) to login to online and mobile banking in early 2024. With cyber-threats such as “malware” and “phishing” attacks becoming more and more sophisticated, 2SV strengthens online and mobile banking security. This article provides an in-depth explanation of what 2SV is and how it works.
It’s no secret that home ownership has become increasingly unattainable for many Canadians over the last decade, with many would-be homeowners feeling deeply discouraged. There may be a glimmer of hope in the form of the new First Home Savings Account that aims to bring home ownership within reach of more Canadians.