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Special Alerts

SA-211-2007
August 7, 2007


TO: CHIEF EXECUTIVE OFFICER (also of interest to Security Officer)
SUBJECT: Counterfeit Bank Checks
Summary: Counterfeit bank checks bearing the name 1st Financial Bank, U.S.A., 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 counterfeit bank checks bearing the institution's name are in circulation. The counterfeit items are reportedly associated with a lottery scam.

The counterfeit items display the routing number 091404466, which is assigned to 1st Financial Bank USA, but are dissimilar to authentic items. The counterfeit items display the following security description embedded in the top border: "THIS DOCUMENT HAS A COLORED BACKGROUND AND MICROPRINTING. THE REVERSE SIDE INCLUDES AN ARTIFICIAL WATERMARK." The address "Main St Dupree, SD 57623" is displayed in the top-center area below the name "1St Financial Bank Usa."

Two versions of authentic checks are issued by the bank:

Version 1 is printed on blue marbled check stock with the following security description embedded in the top border: "SECURITY WARNING: THE FACE OF THIS DOCUMENT FEATURES A COLORED BACKGROUND AND MICROPRINT BORDERS - THE REVERSE SIDE FEATURES ARTIFICIAL WATERMARKS." Authentic checks have a microprinted border that says "DOCUGARD."

Version 2 is printed on blue and pink check stock with the following statement printed in the top border: "THE FACE OF THIS DOCUMENT HAS A COLORED BACKGROUND ON WHITE PAPER." A padlock symbol and a security notice are embedded vertically in the right border. The statement "THE BACK OF THIS DOCUMENT CONTAINS AN ARTIFICIAL WATERMARK - HOLD AT AN ANGLE TO VIEW" is embedded in the bottom border. This version has microprinted borders that read "PIRACLE."

Copies of a counterfeit item and the check stocks of the two versions of authentic checks (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:

F. Mark Kennedy
Security Services Manager
1st Financial Bank USA
363 West Anchor Drive
Dakota Dunes, South Dakota 57049-2000
Phone: (605) 232-6753
Fax: (605) 232-6747
E-mail: mkennedy@1fbusa.com

Information about counterfeit items, cyber-fraud incidents and other counterfeit 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

Attachments (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 8/7/2007 communications@fdic.gov