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Special Alerts

SA-157-2008
August 5, 2008


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

TruPoint Bank, Grundy, Virginia, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation.

There are two counterfeit check versions:

Version 1: The counterfeit items display the routing number 051403672, which is assigned to TruPoint Bank, and a security feature statement embedded in both the top and bottom borders. A rectangular box is in the lower-right corner.

Version 2: The counterfeit items display the routing number 051403672, which is assigned to TruPoint Bank; however, they bear the name JP Morgan Chase Bank, N.A., Columbus, Ohio.

Authentic cashier's checks display the following security statement within the top border between two padlocks: "THIS CHECK IS PRINTED ON CHEMICAL REACTIVE PAPER WHICH CONTAINS A WATERMARK – HOLD UP TO A LIGHT TO VIEW."

Copies of counterfeit items 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:

Belinda Shrader
Vice President and Cashier
TruPoint Bank
P.O. Box 1010
Grundy, Virginia 24614
Telephone: (276) 935-3450
Fax: (276) 935-3456
E-mail: belinda.shrader@TruPointBank.com

Alternate Contact:

Sarah McCoy
Accounting Clerk
TruPoint Bank
P.O. Box 1010
Grundy, Virginia 24614
Telephone: (276) 935-3452
Fax: (276) 935-3456

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/2008/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 8/5/2008 communications@fdic.gov