|
Special Alerts
| SA-149-2005
November 01, 2005
|
| TO: |
CHIEF EXECUTIVE OFFICER (also of interest to Security
Officer) |
| SUBJECT: |
Counterfeit
Cashier's Checks |
| Summary: |
Counterfeit
cashier's checks drawn on Valley National
Bank, Wayne, New Jersey. |
Valley National Bank, Wayne, New Jersey, has contacted the Federal Deposit
Insurance Corporation (FDIC) to report that counterfeit checks bearing the
institution's name are in circulation.
The counterfeit items display the routing number 021201383, which is assigned
to Valley National Bank, Wayne, New Jersey. However, Valley National Bank,
Wayne, New Jersey, does not issue cashier's checks. The bank issues
official checks through Integrated Payment Systems, Inc., Englewood, Colorado,
payable through Citibank, N.A., Buffalo, New York. Authentic official checks
display the routing number 022000868, which is assigned to Integrated Payment
Systems, Inc.
The counterfeit items are markedly dissimilar to authentic checks, with
a different design, layout and font, and the counterfeit checks do not display
the bank's logo. In addition, the counterfeit items display a fraudulent
telephone number, which is answered as if it were the bank, and display
a Passaic, New Jersey, address. Authentic checks do not display a telephone
number, and reflect a Wayne, New Jersey, address. A copy of a counterfeit
item and an authentic check (VOID) are attached for your review.
To verify the authenticity of a check, please use the following information:
Bank Customer Service Telephone: (800) 522-4100
or
Integrated Payment Systems, Inc. Telephone: (800) 223-7520
or
email: ppellegrino@valleynationalbank.com
You may contact the bank at the following address:
Valley National Bank
1455 Valley Road
Wayne, New Jersey 07470
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)
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