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Special Alerts

SA-195-2009
December 3, 2009


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

Crescent State Bank, Cary, North Carolina, 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 053112275, which is assigned to Crescent State Bank. The items are dissimilar to authentic cashier's checks and when copied have a "VOID" background. A security feature statement is embedded in a darkened top border and along the bottom border between two padlocks. The words "CASHIER'S CHECK" are in the top-center area. The bank's logo and name appear in the top-left corner. The bank's name, location and a toll-free telephone number appear in the lower-left corner.

Authentic cashier's checks are computer-generated with a microprint frame. The background is blue and white with a repeated pattern of the bank's name. A padlock icon and a vertical security statement are embedded in the right border. The bank's logo, name and location ("Raleigh, NC") are in the top-center area.

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:

Jo Sorbi
Security Officer
Crescent State Bank Operations
206 High House Road
Cary, North Carolina 27513
Telephone: (919) 466-1032 or (919) 466-1031
Fax: (919) 469-5604
E-mail: jsorbi@crescentstatebank.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-3054, 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/2009/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 12/3/2009 communications@fdic.gov