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Special Alerts

SA-267-2007
October 1, 2007


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

American Metro Bank, Chicago, Illinois, 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 071025645, which is assigned to American Metro Bank. The items are markedly dissimilar to authentic cashier's checks. The counterfeit items display a security feature statement embedded within the top border. The words "CASHIER CHECK" are printed near the top center. The statement "ISSUED BY INTEGRATED PAYMENT SYSTEMS INC." is below the written dollar amount line and "Memo" is in the bottom-left corner.

Authentic checks display the words "CASHIER'S CHECK" in the top-right corner. The bank's logo, name, two locations, telephone and fax numbers, and the word "REMITTER" appear in the top-left corner. The checks are blue and have a "VOID" background when copied.

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:

Bill McGrath
Vice President and Cashier
American Metro Bank
4878 North Broadway Avenue
Chicago, Illinois 60640
Telephone: (773) 769-6868, extension 5030
Fax: (773) 769-6288
E-mail: billm@americanmetrobank.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
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 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 10/1/2007 communications@fdic.gov