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Special Alerts

SA-60-2006
March 17, 2006


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Fraudulent Cashier's Checks
Summary: Fraudulent cashier's checks drawn on 1st Financial Bank USA, Dakota Dunes, South Dakota, are reportedly in circulation.

1st Financial Bank USA, Dakota Dunes, South Dakota, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that fraudulent checks bearing the institution's name are in circulation.

The fraudulent items display the routing number 091404466, which is assigned to 1st Financial Bank USA. 1st Financial Bank USA does not issue cashier's checks and the items are not similar to any authentic bank instrument in appearance.

The fraudulent items bear the bank's name in the top-left corner and the words "CASHIERS CHECK" are located in the top-center of the item. In the lower-left corner are the bank's name, with the "1st" spelled out as "First"; an address; and a telephone number not associated with the bank. Printed in the top border is the following: "THIS DOCUMENT CONTAINS SECURITY FEATURES-MICRO PRINTING-HIDDEN VOID PANTOGRAPH PRINTED ON SECURITY PAPER WITH INVISIBLE FIBERS AND CHEMICAL REACTANTS." The fraudulent items are printed on light blue paper. A copy of a fraudulent item is attached for your review.

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

F. Mark Kennedy
Security Services Manager
1st Financial Bank USA
363 W. Anchor Drive
Dakota Dunes, SD 57049
Phone: (605) 232-6753
Fax: (605) 232-6747
E-mail: mkennedy@1fbusa.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 Web site at www.fdic.gov/news/news/SpecialAlert/2006/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
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 03/17/2006 communications@fdic.gov