Each depositor insured to at least $250,000 per insured bank

MidWestOne Bank, Oskaloosa, Iowa, 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 073901233, which is assigned to MidWestOne Bank. "VOID AFTER 90 DAYS" is shown above the statement "TWO SIGNATURES REQUIRED IF $5,000 OR MORE" in the lower-right corner above two signature lines.

Authentic cashier's checks display a security feature statement below the written dollar amount line, and a vertical security statement and padlock symbol within the right border. A scroll design is displayed in the top and lower-left corners.

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:

Ryan Montgomery
Fraud Administrator
MidWestOne Bank
124 South 1st Street
Oskaloosa, Iowa 52577
Telephone: (319) 356-5898
Fax: (319) 356-5849
E-mail: rmontgomery@isbt.com

Alternate Contact:

Kim Beals
Electronic Banking Officer
MidWestOne Bank
124 South 1st Street
Oskaloosa, Iowa 52577
Telephone: (641) 673-1592
Fax: (641) 673-7836
E-mail: kbeals@mwofg.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-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.

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)