First Tech Credit Union has warned that a malicious application designed to steal banking details has made its way onto Google's Android Market.
The credit union says the rogue Android application "creates a shell of mobile banking apps that tries to gain access to a consumer's financial information".
The app, developed by "Droid09", has now been removed from the market but the credit union tells people who have downloaded it to "remove it from your phone and take it to your mobile provider to ensure it's completely removed".
Google - which launched its Nexus One phone last week - has taken a more open approach to the Android Market than Apple, which has been criticised for tightly controlling its app store.