Consumer Alerts
FDIC Fraud Alert
The Federal Deposit Insurance Corporation (FDIC) has received numerous reports of fraudulent e-mails that have the appearance of being from the FDIC.
The e-mails appear to be sent from various "@fdic.gov" e-mail addresses.
The subject lines read: "FDIC: Your business account" or "FDIC: About Your Business Account."
The e-mails are addressed to "Business Customer" or "Business Owner" and state "We have important information about your bank" or "…financial institution." They then ask recipients to "Please click here to find details."
These e-mails and the link included are fraudulent and were not sent by the FDIC. DO NOT access the link provided within the body of the e-mails and DO NOT provide any personal financial information.
For your reference, FDIC Special Alerts may be accessed from the FDIC's Website at www.fdic.gov/news/news/SpecialAlert/2011/index.html.
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 Resources
Safeguarding your personal and business information can be difficult. ID Theft Assist has a proven and documented history of helping individuals and businesses in emergency situations, when having a response team that can handle the complex aftermath of identity theft is most crucial. For more information about ID Theft Assist, please visit our Fraud and Identity Theft Resources page.
You can be the best line of defense against fraud and identity theft. Find additional information and tips about identity theft from the US government's central website by visiting our Fraud and Identity Theft Resources page.
NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "non interest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.
The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest. It also includes Interest on Lawyers Trust Accounts ("IOLTAs"). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.
For more information about temporary FDIC insurance coverage of transaction accounts, visit www.fdic.gov.