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



Home > News & Events > Special Alerts




Special Alerts

SA-150-2005
November 01, 2005


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Official Checks
Summary: Counterfeit checks drawn on Ulster Savings Bank, Kingston, New York, are reportedly in circulation.

Ulster Savings Bank, Kingston, New York, 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 proper routing number of 221971264 for Ulster Savings Bank. However, the fraudulent items are referred to as official checks, whereas authentic checks are not described as a specific type of check. The style of the checks is different. The counterfeit items display the date and the dollar amount of the check below boxes on the right side of the check; authentic checks do not have boxes. The counterfeit items also reflect a "Drawer" on the left side of the check. Authentic checks display "Memo" in that area of the check. A copy of a counterfeit item and a copy of an authentic check (VOID) are attached for your review.

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

Ulster Savings Bank Call Center: 1-845-338-6322, Extensions 3421 or 3205

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/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

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 11/01/2005 communications@fdic.gov