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Special Alerts

SA-202-2005
December 29, 2005


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Official Checks
Summary: Counterfeit official checks drawn on the New York Community Bank (formerly known as Queens County Savings Bank), Westbury, New York, are reportedly in circulation.

New York Community Bank, Westbury, New York, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit checks bearing the institution's former name are in circulation.

The counterfeit items display the routing number 102000979, which is assigned to the account of Integrated Payment Systems, Inc, Englewood, Colorado, held at JP Morgan Chase Bank, N.A., Denver, Colorado. New York Community Bank issues official checks through Integrated Payment Systems, Inc. The counterfeit items bear the bank's former name, Queens County Savings Bank, and logo. Authentic official checks display a lock on the right side of the check, display the names of other New York Community Banks, and have the "Official Check" wording in a box that is part of the top border of the check. The counterfeit items do not display either the lock or the names of other New York Community Banks. The counterfeit items use the term "Official Check," but the term is not framed in a box. A copy of a counterfeit item and an authentic official check (VOID) are attached for your review.

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

Glen A. Doyle
Senior Fraud Investigator
New York Community Bank
615 Merrick Avenue
Westbury, New York 111590
Telephone: (516) 683-4421
Fax: (516) 683-8099
Glen.Doyle@mynycb.com

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

Attachment (not available electronically)

NOTE: As a security precaution, the FDIC does not post to its Web site online copies of fraudulent instruments or copies of the genuine instruments that have been counterfeited. This is to avoid attempts by others to use the electronic versions of these instruments to facilitate additional fraud. Printed copies of fraudulent instruments are mailed with the Special Alert letter to the financial institutions on the letter's distribution list (generally, FDIC-supervised banks – commercial and savings). Printed copies of the Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (telephone: 1-877-275-3342 or (703) 562-2200; fax: (703) 562-2296; or e-mail: publicinfo@fdic.gov).

Distribution: FDIC-Supervised Banks (Commercial and Savings)




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