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Special Alerts

SA-190-2005
December 19, 2005


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Checks
Summary: Fraudulent checks bearing the name of Bankers' Bank, Madison, Wisconsin, are reportedly in circulation.

Bankers' Bank, Madison, Wisconsin, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent checks bearing the institution's name are in circulation.

A number of fraudulent items have been presented using the name Bankers' Bank or the routing number 075912479, which is assigned to Bankers' Bank. However, Bankers' Banks are owned by and provide services to commercial banks. Bankers' Bank, Madison, Wisconsin, does not issue checking accounts to the public. Electronic transactions should only occur between Bankers' Bank and authorized commercial banks.

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

Edie Tholo
Senior Vice President
Bankers' Bank
7700 Mineral Point Road
Madison, Wisconsin 53717
Telephone: (608) 833-5500
Fax: (608) 829-5590
etholo@bankersbankusa.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. 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 website at www.fdic.gov/news/news/SpecialAlert/2005/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

  Christopher J. Spoth
  Acting Director
Division of Supervision and Consumer Protection

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 12/19/2005 communications@fdic.gov