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Special Alerts

January 24, 2007

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Money Orders
Summary: Counterfeit money orders bearing the name PathFinder Bank, Oswega, New York, are reportedly in circulation.

PathFinder Bank, Oswega, New York, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit money orders bearing the institution's name are in circulation.

The counterfeit items display the routing number 096016765, which is a payable-through account at U.S. Bank, Saint Paul, Minnesota, drawn on MoneyGram Payment Systems, Inc. Although the counterfeit items are similar to authentic money orders in appearance, the items are printed on green paper, while authentic money orders are printed on blue-green paper. The counterfeit items also display the misspelled word "DOLARS" directly above the "PAY" line, and the reverse side of the counterfeit items has a watermark that reads "MGI." In addition, the routing number on the MICR line is improperly aligned on the counterfeit items, causing the counterfeit items to be rejected during processing.

Copies of a counterfeit item and an authentic money order (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

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

Melissa A. Miller
Senior Vice President & Chief Operating Officer
PathFinder Bank
214 West 1st Street
Oswego, New York 13126
Phone: (315) 343-0057 ext 8001
Fax: (315) 342-9403
E-mail: mamiller@pathfinderbank.com

To verify the status of a MoneyGram money order, please call the following toll-free number: (800) 794-7005.

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/2007/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
Division of Supervision and Consumer Protection

Attachment (not available electronically)

NOTE: As a security precaution, the FDIC does not post to its Web site electronic images of fraudulent items or authentic checks that have been counterfeited. This is to avoid attempts by others to use these instruments to facilitate additional fraud. Financial institutions can view images of the fraudulent items and authentic checks (marked as VOID) using the FDIC's free, secure Web site, FDICconnect. (See more information about FDICconnect at http://www.fdic.gov/news/news/financial/2006/fil06032.html.) Printed copies of each 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 1/24/2007 communications@fdic.gov