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Special Alerts

May 25, 2004

TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit FDIC Expense Checks
Summary: Counterfeit FDIC expense checks are reportedly in circulation.

The Federal Deposit Insurance Corporation (FDIC) has received several reports that counterfeit checks fraudulently presented as being issued by the FDIC are in circulation. The counterfeit instruments are similar to authentic FDIC expense checks that were last issued in 1997; however, currently issued FDIC expense checks are significantly different. Specifically, the fraudulent instruments appear to be drawn on Mellon Bank, N.A., Pittsburgh, Pennsylvania, under routing number 043301601. Authentic checks currently issued by the FDIC are drawn on Bank One, Chicago, Illinois, and payable through First USA Bank, N.A., under routing number 031100283. Attached is a copy of an authentic check (void) and a copy of a counterfeit instrument for your review.

Information about these instruments may be forwarded to the FDICs Special Activities Section, 550 17th Street, N.W., Room F-4040, 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 FDICs Web site at www.fdic.gov/news/news/SpecialAlert/2004/index.html. To learn how to automatically receive FDIC Special Alerts, Financial Institution Letters and other announcements through e-mail, please visit www.fdic.gov/news/news/announcements/index.html.

Michael J. Zamorski

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, 801 17 th Street, NW, Room 100, Washington, DC 20434 (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 05/25/2004 communications@fdic.gov