I received an e-mail from Elements Financial with the subject line: "Internet Banking Security Alert Notification: Invalid Password". The message stated that "an invalid password for your login ID was submitted" this morning, and that I should call Elements if I "suspect fraudulent activity".
I called Elements Financial and was told by a representative that they had sent this e-mail to "everyone".
I asked the representative to inform the higher-ups that they should sent an e-mail to everyone who received the erroneous message, informing the members that the earlier e-mail was erroneous.