Home > News & Events > Special Alerts

Special Alerts

April 5, 2007

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Cashier's Checks
Summary: Fraudulent cashier's checks bearing the name The Madison Bank & Trust Company are reportedly in circulation.

MainSource Bank, Greensburg, Indiana, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent cashier's checks bearing the name The Madison Bank and Trust Company are in circulation. The Madison Bank and Trust Company, Madison, Indiana, was acquired by MainSource Bank and became inactive in August 2005.

The fraudulent items display the routing number 022000868, which is assigned to Citibank (New York State), Buffalo, New York. The items also display ornate scroll-design top and side borders and a solid bottom border. "CASHIER'S CHECK" is printed inside a rectangle with rounded corners and is centered within the top border. "THE MADISON BANK & TRUST COMPANY" and "A National City Company" are displayed above the lower-left corner. On the right side of the items, located directly above the "AUTHORIZED SIGNATURE" line, is the wording "Drawer: The Madison Bank & Trust Company." Printed below the "AUTHORIZED SIGNATURE" line is the wording "Issued by Integrated Payment Systems Inc., Englewood Colorado" and "To Citibank (New York State): Buffalo, N.Y." Security feature descriptions are printed below the top border and are also embedded in the bottom border.

A copy of a fraudulent item is attached for your review. Be aware that the appearance of fraudulent 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:

Michael T. Riley
Corporate Security Officer
MainSource Financial Group
P.O. Box 2000
2105 N. State Road 3 Bypass
Greensburg, Indiana 47240
Office: (812) 663-6734
Fax: (812) 663-3369

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. 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/2007/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 01/29/2008 communications@fdic.gov