Important Notice

July 19, 2011

Passumpsic Savings Bank has been notified by the Director of the Division of Risk Management Supervision for The Federal Deposit Insurance Corporation (FDIC) about 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, such as protection@fidc.gov, admin@administration.fdic.gov, or service@admin.fdic.gov These emails have various subject lines such as "Update for your banking account", "ACH and Wire Transfers disabled," and "Banking security update".

The fraudulent message states that the client’s account ACH and wire transactions have been temporarily suspended for security purposes due to the expiration of the client’s security version. The recipient is prompted to download and install the newest updates by following a link. These e-mails and links are fraudulent and were not sent by the FDIC. Recipients should consider these e-mails an attempt to collect personal or confidential information or to load malicious software onto end users’ computers.

The FDIC does not directly contact bank customers, nor does the FDIC request bank customers to install software upgrades. Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC’s Cyber-Fraud and Financial Crimes Section, 3501 North Fairfax Drive, CH-11034, Arlington, Virginia 22226 or transmitted electronically to alert@fdic.gov.