Home > News & Events > Special Alerts

Special Alerts

September 18, 2007

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Cashier's Checks
Summary: Counterfeit cashier's checks bearing the name Basin State Bank, Stanford, Montana, are reportedly in circulation.

Basin State Bank, Stanford, Montana, 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 092902446, which is assigned to Basin State Bank, and are markedly dissimilar to authentic cashier's checks. The counterfeit items display a security feature statement within the top border. The words "CASHIER'S CHECK" appear in the top-left corner beneath the bank's logo, name, location and an unassociated toll-free telephone number ("1-888-405-4070"). The numerical dollar amount is printed inside a darkened rectangle on the right side. The bank's name appears above two signature lines in the lower-right corner. The word "REMITTER" is displayed in the lower-left corner.

Authentic checks are blue in color and display the words "Cashiers Check" in the top-right corner. The bank's logo, name and branch locations ("STANFORD AND LEWISTOWN") appear in the top center and a security feature statement is printed vertically along the right border. Authentic checks also display the word "REMITTER" in the upper-left corner and have one signature line.

Copies of a counterfeit item and an authentic check (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:

Tess Brady
Vice President
Basin State Bank
P.O. Box 428
Stanford, Montana 59479
Telephone: (406) 566-2238
Fax: (406) 566-2543
E-mail: tbrady@basinstatebank.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. Questions 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/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 9/18/2007 communications@fdic.gov