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Special Alerts

SA-32-2006
February 9, 2006


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

Spencer Savings Bank, SLA, Elmwood Park, New Jersey, 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 221271951, which is assigned to Spencer Savings Bank, SLA. However, Spencer Savings Bank, SLA, issues official checks through US Bank, St. Paul, Minnesota, and the official checks display the routing number 096016765.

The counterfeit items display "CASHIER'S CHECK" in the top-center portion of the item, and one of two addresses – "230 Ridge Road, Lyndhurst, NJ" or "618 Bayway Avenue, Elizabeth, NJ" – directly below the bank's name in the top-left corner. Authentic official checks display the Main Office address of "611 River Dr., Elmwood Park, NJ 07407" below the bank's name in the top-left corner of the check. "OFFICIAL CHECK" is displayed in the top-center portion of authentic checks. A copy of a counterfeit item and a copy of an authentic cashier's check (VOID) are attached for your review.

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

Paul Tone
Assistant Vice President-Security Officer
Spencer Savings Bank, SLA
611 River Dr.
Elmwood Park, New Jersey 07407
Telephone: (201) 703-3800, extension 8270
Fax: (201) 797-5473
jptone@spencersavings.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/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, 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 02/09/2006 communications@fdic.gov