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Special Alerts

December 24, 2009

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Official Checks
Summary: Counterfeit official checks bearing the name Union Credit Bank, Miami, Florida, are reportedly in circulation.

Union Credit Bank, Miami, Florida, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit official checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 066015084, which is assigned to Union Credit Bank. Union Credit Bank does not issue official checks; however, it does issue cashier's checks. The counterfeit items display the words "OFFICIAL CHECK" and a "NOTICE TO CUSTOMERS" in the lower-left corner. A security feature statement is embedded in a darkened top border and along the bottom border between two padlocks. The statement "THE AMOUNT IN NUMBER MUST MATCH THE AMOUNT IN WORDS" is repeated as background in the written dollar amount section. The bank's logo, name and address are in the top-left corner.

Authentic cashier's checks graduate from pale green to beige in color and display the words "CASHIER'S CHECK" in the lower-left corner. An indemnity bond statement is in the top-left corner, and the bank's logo, name and address are top-centered. A security feature statement is below the written dollar amount line, which has a security padlock and statement to the right of the word "DOLLARS."

Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

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

Julio R. Martinez
Chief Financial Officer
Union Credit Bank
1150 South Miami Avenue
Miami, Florida 33130
Telephone: (305) 398-9085
Fax: (305) 372-0246
E-mail: jmartinez@ucbmiami.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-3054, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Questions 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 website at www.fdic.gov/news/news/SpecialAlert/2009/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
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 12/24/2009 communications@fdic.gov