The Federal Deposit Insurance Corporation (FDIC) has learned that counterfeit cashier's checks drawn on USABancShares.com, Philadelphia, Pennsylvania, are in circulation. Information received to date indicates the checks may be circulating on the East Coast of the United States. A copy of one such instrument is attached for your information. Any information concerning this matter should be brought to the attention of:

The FDIC also has learned that counterfeit cashier's checks drawn on the Pan American Bank, Chicago, Illinois, are in circulation. The counterfeit items have an incorrect account number, and information received to date indicates that items have been negotiated in California. A copy of one such instrument is attached for your information. Any information you have concerning this matter should be brought to the attention of:

The FDIC has learned that a number of cashier's checks drawn on the Merchants & Farmers Bank of Dumas, Dumas, Arkansas, are missing and presumed stolen. The missing items have serial numbers ranging from 93783 through and including 938000. The missing checks are yellow/gold in color. To date, none have been presented for payment. Any information you have concerning this matter should be brought to the attention of:

The Security Bank, Sioux Falls, South Dakota, has reported that counterfeit cashier's checks drawn on the bank are in circulation. On the bank's legitimate checks, the bank's name and location appear near the top center, and the name "Security Service Corporation, P. O. Box 5011, Sioux Falls, SD 57117" appears in the upper left corner. A notation on the legitimate checks indicates they are not valid for over $50.00. A copy is attached for your information. On the counterfeit checks, the bank's name and location appear near the top center, and the name "Security Service Corp., 13444 Euclid Ave., Cleveland, OH 44112" appears in the upper left corner. At least two different styles of checks have been used. Copies are attached for your information. Any information you have concerning this matter should be brought to the attention of:

Information concerning these instruments also may be forwarded to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429. For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under "News, Events & FOIA."

Attachments (Not available electronically)

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).