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Special Alerts

SA-9-2010
January 28, 2010


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

Bank of Granite, Granite Falls, North Carolina, 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 053012087, which is assigned to Bank of Granite. The items also display a security feature statement embedded in the top border and along the bottom border between two padlocks. The words "CASHIER'S CHECK" are top-centered. The bank's name, address and a telephone number, which is not associated with the bank, appear in the lower-left corner.

Bank of Granite does not issue cashier's checks; however, it does issue official checks. Authentic official checks display the routing number 011007092, which is assigned to a MoneyGram Payment Systems, Inc. account, payable at The Bank of New York Mellon, Everett, Massachusetts. Bank of Granite issues its official checks through MoneyGram Payment System, Inc. Authentic checks have ornate top and side borders. The words "OFFICIAL CHECK" are encircled in the top center. An "ISSUED BY" statement appears below the word "Remitter" in the lower-left corner. Two signature lines are displayed in the lower-right corner.

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:

John R. Williams
Vice President and Senior Auditor
Bank of Granite
56 North Main Street
P.O. Box 128
Granite Falls, North Carolina 28630
Telephone: (828) 496-2123
Fax: (828) 496-2065
E-mail: jwilliams@bankofgranite.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/2010/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
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 1/28/2010 communications@fdic.gov