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



Home > News & Events > Special Alerts




Special Alerts

SA-33-2006
February 16, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks drawn on Greenfield Co-operative Bank, Greenfield, Massachusetts, are reportedly in circulation.

Greenfield Co-operative Bank, Greenfield, Massachusetts, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit checks bearing the institution 's name are in circulation.

The counterfeit items display the routing number 211870281, which is assigned to Greenfield Co-operative Bank; however, the counterfeit items are dissimilar to authentic checks. On the counterfeit items, "GREENFIELD CO-OP BANK, 144 Main Street, Northfield, MA 01360-1020" is printed in the upper-left corner. In addition, "CASHIER'S CHECK" is printed inside a black box in the top center of the item, and "THIS DOCUMENT HAS SECURITY FEATURES - THE REVERSE SIDE INCLUDES AN ARTIFICIAL WATERMARK" is printed across the top of the check within a black border. The counterfeit items include the following statement in the lower-left corner: "Issued by Integrated Payment Systems, Inc., Northfield, MA to Greenfield CO-OP Bank, Northfield, MA for inquiries regarding this instrument phone 1 901-412-1355."

Greenfield Co-operative Bank issues treasurer's checks that bear the words "TREASURER'S CHECK" in the top-center portion of the check. Authentic checks display the bank's logo, name, address and "YOUR LOCALLY OWNED COMMUNITY BANK SINCE 1905" in the top-left corner. The checks are printed on light burgundy paper.

Copies of a counterfeit item and an authentic treasurer's check (VOID) are attached for your review.

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

Deborah Falcon
AVP Retail Banking/BSA and Security Officer
Greenfield Co-operative Bank
PO Box 1345
Greenfield, MA 01302
Phone: (413) 772-0293 Ext. 114
FAX: (413) 773-3808
Email: dfalcon@greenfieldcoopbank.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/2006/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

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, 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 02/16/2006 communications@fdic.gov