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Special Alerts

SA-65-2004
September 9, 2004


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks drawn on United Southern Bank, Umatilla, Florida, are reportedly in circulation.

United Southern Bank, Umatilla, Florida, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation.

Some counterfeit items are reported to display the proper routing number of 096016765; however, others, like the copy attached, do not display the proper routing number. Additionally, authentic checks state "Payable through US Bank, St. Paul, Minnesota" in the lower-left corner of the check; the counterfeit items state "Payable through Firstar Bank of Minnesota, N.A., St. Paul, Minnesota." Furthermore, authentic checks provide a warning on the face that an indemnity bond may be required before a check will be replaced, while the counterfeit items have no similar warning. A copy of a counterfeit item and a copy of an authentic cashier's check (VOID) are attached for your review.

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

Michael Mabry
Security Officer
United Southern Bank
P.O. Drawer 29
Umatilla, Florida 32784-0029
Telephone: (352) 669-2121
Fax: (352) 669-2604
mike.mabry@unitedsouthernbank.com

Information about these instruments may be forwarded to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-4040, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Information 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 Web site at www.fdic.gov/news/news/SpecialAlert/2004/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Michael J. Zamorski
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 online copies of fraudulent instruments or copies of the genuine instruments that have been counterfeited. This is to avoid attempts by others to use the electronic versions of these instruments to facilitate additional fraud. Printed copies of fraudulent instruments are mailed with the Special Alert letter to the financial institutions on the letter's distribution list (generally, FDIC-supervised banks – commercial and savings). Printed copies of the Special Alert and its attachment(s) may also be obtained from the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (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)

Note: Paper copies of FDIC Special Alerts may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).




Last Updated 09/09/2004 communications@fdic.gov