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Special Alerts

June 19, 2006

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks bearing the name The National Bank, Blacksburg, Virginia, are reportedly in circulation.

The National Bank of Blacksburg, Blacksburg, Virginia, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the name The National Bank are in circulation.

The counterfeit items bear the routing number 051403122, which is assigned to the National Bank of Blacksburg, but are dissimilar to authentic checks. The counterfeit items display a logo and the words "For a future YOU can bank on...Bank On Us! The National Bank" in the upper-left corner. The address "100 South Main Street, Blacksburg, VA 24062" and the word "REMITTER" are printed below the logo. The words "CASHIER'S CHECK" appear in the top-center portion of the item and "Banking Center: South Main, VA" is printed in the lower-left corner above the word "MEMO." "VOID AFTER 90 DAYS" and "SIGNATURE AREA CONTAINS A KNIGHT & FINGERPRINT CHECK WORDING" are printed in the lower-right corner below the signature line. A description of security features is embedded in the top border.

Authentic checks display only the bank's logo, name, city and state in the upper-left corner. The words "CASHIER'S CHECK" are printed in the lower-left corner and "AUTHORIZED SIGNATURE" appears above the signature line in the lower-right corner. A padlock symbol is printed on the right side, and a description of security features is printed below the dollar amount line. Authentic checks are light grey with a gold band across the top.

Copies of a counterfeit item and an authentic check (VOID) are attached for your review.

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

Shelby M. Evans
Corporate Auditor and Compliance Officer
National Bankshares Inc.
101 Hubbard Street
Blacksburg, Virginia 24060
Phone: (540) 951-6275
FAX: (540) 951-6278
E-mail: sevans@nbbank.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/2006/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Sandra L. Thompson
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 electronic images of fraudulent items or authentic checks that have been counterfeited. This is to avoid attempts by others to use these instruments to facilitate additional fraud. Financial institutions can view images of the fraudulent items and authentic checks (marked as VOID) using the FDIC's free, secure Web site, FDICconnect. (See more information about FDICconnect at http://www.fdic.gov/news/news/financial/2006/fil06032.html.) Printed copies of each Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center (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 6/19/2006 communications@fdic.gov