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Federal Reserve Warns of Fraudulent E-Mails

Beecher, IL (July 15, 2011) - In a recent news alert on their website, the Federal Reserve Board has reported incidents of consumers receiving fraudulent e-mail messages from the Federal Reserve Wire Network. The e-mails reference a supposed wire transaction from the consumer's bank account that has been interrupted and instruct the recipient to click on a link to resolve the issue. The link usually begins with federalreserve.gov. These e-mails were not sent by the Federal Reserve Banks. The Federal Reserve Banks deliver payment status information to our financial institution customers via our trusted channels, and do not communicate this information directly to consumers.

These emails are known as "phishing" and frequently have attachments and/or links to Web pages that host malicious code and software. Do not open attachments or follow Web links in unsolicited emails from unknown parties, as they could be an attempt to collect personal information, or to load malicious software onto end users' computers. If you receive an email like this, call the Federal Reserve's hotline at 800-827-3340.

About First Community Bank and Trust
First Community Bank and Trust is a privately owned bank. Established in 1916 First Community Bank and Trust has been serving Beecher, IL, Peotone, IL and the surrounding communities for over 95 years. Our commitment to providing the best banking products and services is matched only by our outstanding customer service. We offer traditional community banking services, including mortgage, consumer, and commercial lending, as well as state of the art electronic banking services.

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Press Contact:
Steven D. Koehn, VP
First Community Bank and Trust
(708) 946-2246