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Special Alerts

SA-46-2004
July 27, 2004


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier’s Checks
Summary: Counterfeit cashier’s checks drawn on Peoples State Bank, Wausau, Wisconsin, are in circulation.

Peoples State Bank, Wausau, Wisconsin, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier’s checks bearing the institution name “The Peoples State Bank” are in circulation.

The counterfeit items display the proper routing number of 075911616 for Peoples State Bank. Authentic cashier’s checks have the bank name in the upper left corner of the check with the bank’s office locations listed across the top of the checks. On the counterfeit cashier’s checks, the bank name is slightly different (“The Peoples State Bank”) and is located in the lower-left corner of the cashier’s checks underneath a symbol of four Ps in a square-box shape. Also, on the counterfeit cashier’s checks, to the right of the remitter space, is the incorrect bank name, “The Peoples State Bank,” and the name “Jorge Rosario” below the bank name.

These counterfeit checks are for the same amount, $5,350.00. They also have the same authentication ID number, Z524RT845996, on the right-hand side of the check. Authentic Peoples State Bank cashier’s checks do not have an authentication ID number. Attached for your review are a copy of an authentic Peoples State Bank cashier’s check (void) and a copy of a counterfeit instrument.

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

John Kuester
Regulatory Compliance Officer
Peoples State Bank
1905 Stewart Avenue
P.O. Box 1686
Wausau, WI 54402-1686
Telephone: (715) 847-4065
Fax: (715) 842-3418
jkuester@psbwi.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 website 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)




Last Updated 7/27/2004 communications@fdic.gov