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Federal Deposit
Insurance Corporation

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

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Inactive Financial Institution Letters


May 2, 2002

SUBJECT: Counterfeit Cashier's Checks

The Federal Deposit Insurance Corporation (FDIC) has learned that counterfeit cashier's checks drawn on the Foster Bank, Chicago, Illinois, are in circulation.

Attached for your information are a copy of one of the bank's legitimate cashier's checks and two copies of the counterfeit instruments. The legitimate checks are yellow and the counterfeit checks are blue. Also, "Remitter" is misspelled on the counterfeit checks as "Remitte."

Any information you have about this matter should be brought to the attention of:

Mr. Michael Kidney
Sr. Vice President, CFO and Cashier
Foster Bank
5225 N. Kedzie Avenue
Chicago, Illinois 60625-4755
Telephone: (773) 588-3088
Fax: (773) 588-2370

Information about these instruments also may be forwarded to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429. Information also may be transmitted electronically to

For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at under "News, Events & FOIA." To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit

Michael J. Zamorski

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).

Last Updated 11/13/2018

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