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Special Alerts

SA-83-2006
April 11, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks drawn on Oak Valley Bank, Austin, Texas, are reportedly in circulation.

Oak Valley Community Bank, Oakdale, California, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit checks bearing a variation of the institution 's name are in circulation.

The counterfeit items display the routing number 121142119, which is assigned to Oak Valley Community Bank, but are not similar to authentic checks in appearance. The counterfeit items display the wording "CASHIER'S CHECK" along the left border and include a logo of a "1" superimposed on top of a map of the United States, encircled in a globe. The wording "TO THE ORDER OF" appears in the lower-left corner of the counterfeit items.

Authentic cashier's checks display the bank's oak tree logo, name and address in the top center and "Cashier's Check" in the lower-left corner. Authentic items are tan and have a metallic holograph border with oak leaf designs across the top. Diamond-shaped watermarks appear on the reverse side. Copies of a counterfeit item and an authentic check (VOID) are attached for your review.

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

Janice Power
Senior Vice President Risk Management Officer
Oak Valley Community Bank
P.O. Box 98
Oakdale, CA 95361
Telephone: (209) 844-7524
Fax: (209) 844-7524
E-mail: jpowers@ovcb.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 Web site 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.

  Sandra L. Thompson
  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 04/11/2006 communications@fdic.gov