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Special Alerts

December 29, 2005

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks drawn on Dryades Savings Bank, FSB, New Orleans, LA, are reportedly in circulation.

Dryades Savings Bank, FSB, New Orleans, LA, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 265070516, which is the correct routing number for the bank; however, the fraudulent items are dissimilar to authentic cashier's checks. Authentic checks are light green, include a stop-notice statement below the words "Cashier's Check," and display the bank's address to the right of the bank logo. The counterfeit items use the term "Cheque No." in the upper right-hand corner and have an address below the logo.

Any information you have concerning this matter should be brought to the attention of:

Frank Oliveri
Chief Financial Officer
Dyrades Savings Bank, FSB
233 Carondelet Street
New Orleans, LA 70130
Telephone (337) 261-1301
Or (866) 434-0281
Fax (337) 261-1446

Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Information related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.

For your reference, FDIC Special Alerts may be accessed from the FDIC's Web site at www.fdic.gov/news/news/SpecialAlert/2005/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Christopher J. Spoth
Acting Director
Division of Supervision and Consumer Protection

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC Special Alerts may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).

Last Updated 12/29/2005 communications@fdic.gov