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Special Alerts

SA-19-2010
March 1, 2010


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

Elgin State Bank, Elgin, 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 071908063, which is assigned to Elgin State Bank. A security feature statement is top-centered on the items. The bank's name and address appear twice toward the top of the items. The words "CASHIER'S CHECK" are displayed below the bank's name on the left side. A "MEMO" line appears in the lower-left corner and a signature line appears in the lower-right corner.

Authentic cashier's checks display a security statement near the lower-left corner. A security padlock icon is displayed in the right border. The bank's name and logo appear in the top-left corner, with the words "Cashier's Check" top-centered. Two signature lines appear in the lower-right corner.

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:

Mike Morrison
Anti-Money Laundering and Fraud Analyst
Elgin State Bank
1001 South Randall Road
Elgin, Illinois 60123
Telephone: (847) 429-6780
Fax: (847) 429-6785
Email: mmorrison@elginstatebank.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-3054, 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/2010/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 3/1/2010 communications@fdic.gov