Consumer Alerts
Fraudulent Email Claiming to be from the FDIC
July 2, 2010
The Federal Deposit Insurance Corp. today warned consumers and financial institutions that bogus emails claiming to be from the FDIC are arriving in inboxes. This is the fourth time within a year that the federal banking regulator has issued alerts about phishing emails using its brand.
The FDIC says subject lines of the e-mails state: "You need to check your Bank Deposit Insurance Coverage" or "FDIC has officially named your bank a failed bank." The email states: "You have received this message because you are a holder of a FDIC-insured bank account. Recently FDIC has officially named the bank you have opened your account with as a failed bank, thus, taking control of its assets."
The email then directs recipients to click on a link stating "You need to visit the official FDIC website and perform the following steps to check your Deposit Insurance Coverage." If individuals click on the link, they are sent to a non-FDIC webpage. One email link has a .eu destination, which means the web server is located somewhere in the European Union.
The e-mails and associated web site are fraudulent. Anyone getting these emails should consider the intent of this e-mail as an attempt to collect personal or confidential information, or to load malicious software onto end users' computers, says the FDIC.
Protect Your Personal Information
Morgan Federal Bank will never contact you by email or telephone and ask for personal or confidential information, such as: account number, social security number, password or PIN, nor will we ever send you an email with a link to a website that asks for any such information.
Fraud and Identity Theft Resource
You can be the best line of defense against fraud and identity theft. Find helpful information and tips at www.ftc.gov/bcp/edu/microsites/idtheft/, the US government's central website for information about identity theft.
TAGP
Morgan Federal Bank is participating in the FDIC's Transaction Account Guarantee Program. Under that program, through December 31, 2010, all noninterest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account. Coverage under the Transaction Account Guarantee Program is in addition to and separate from the coverage available under the FDIC's general deposit insurance rules.