Please beware of the following scam email in circulation which claims to be from the FDIC. The email contains a dangerous link. If you are ever unsure of an email, please give us a call at 734-662-1600.

Subject of the email: Each depositor insured to at least $250,000 per insured bank

Content of email message:
Dear Sirs,
Due to the adoption of a new security system, that is aimed at diminishing the number of cases of fraud and scams, all your ACH and WIRE transactions will be blocked until you update your security version in compliance with our new requirements.. In order to re-establish the full functioning of your account, we urgently prompt you to install a special security software. Please open the link below --------- to read the instructions and download all the necessary files.

We apologize for causing you inconveniences by this measure.
Please do not hesitate to contact us if you experience any problems.

Yours truly,

Federal Deposit Insurance Corporation
Security Department

12/27/11: Bank of Ann Arbor has been alerted that counterfeit checks appearing to be from Eastern Michigan University or Eastern Michigan University Foundation on a Bank of Ann Arbor account number ending with 20106 are in circulation again.  These checks are counterfeit and bear the account numbers of a closed account. Scammers are attempting to purchase merchandise that people have for sale on services like Craig's List. Often the check is for an amount greater than the selling price of the item.  Thieves ask the sellers to deposit the check sent (a bad check) and then have the seller send them back a check (a good check) for the difference.  By the time the seller receives notification that the first check is a fraud, the thieves have cashed the second check. 

If you receive a check from eastern Michigan University or Eastern Michigan University Foundation with an account number ending in 20106, do not attemp to cash, deposit or in any way negotiate it.  It is counterfeit and will not be honored.