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Special Alerts

SA-16-2006
January 25, 2006


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

Randolph Savings Bank, Randolph, Massachusetts, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 211371243, which is assigned to Randolph Savings Bank, but are dissimilar to authentic items. On the counterfeit items, "Cashier's Check" is printed in the top center and "Randolph Savings Bank" is printed in the upper-left corner inside of a rectangle. In addition, a branch address, "50 S. Franklin Street, Holbrook, MA 02343-1490," and a phone number not associated with the bank are printed directly below the bank's name.

Authentic checks bear the words "OFFICIAL CHECK" above "Treasurer's Check" in the top center, and "Randolph Savings Bank" is printed on two lines in the upper-left corner. Authentic checks are printed on Reflex Blue paper, and they are issued by Integrated Payment Systems, Inc. and drawn on Citibank, N.A. Buffalo, NY.

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

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

Thomas P. Hession
Assistant Vice President- Security Officer
Randolph Savings Bank
10 Cabot Place
Stoughton, MA 02072
Phone (781) 573-1315
FAX (781) 573-1307
Email THession@randolphsavings.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.

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 01/25/2006 communications@fdic.gov