The Federal Deposit Insurance Corporation (FDIC) has learned that counterfeit official checks drawn on IndyMac Bank, FSB, 225 N. Barranca St., West Covina, California 91791, are in circulation. The counterfeit items bear the routing number 122037171, and begin with the check numbers 08321. Those presented to date for payment range in amounts from $5,000 to $100,000,000. Official checks drawn on IndyMac Bank may be verified by calling Integrated Payment Systems at 1-800-223-7520 and following the guided menu. A copy of one of the counterfeit items is attached for your information.

Any information you may have about these items should be directed to:

Ms. Myrna Olvera
Vice President and Compliance Manager
IndyMac Bank, FSB
155 N. Lake Ave.
Pasadena, California 91101
Telephone: (626) 535-5462
Fax: (626) 535-0903

Information about these instruments also may be forwarded to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429, or transmitted electronically to alert@fdic.gov. For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under "Newsroom, Events & FOIA." To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html.

Distribution: FDIC-Insured Institutions

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).