Washington State Department of Financial Institutions

Bank Alert

Alert Number: FDIC SA-56-2007

DATE: March 2, 2007

TO: Chief Executive Officer/President (also of interest to Security Officer)

SUBJECT: Counterfeit Checks

Pierce Commercial Bank, Tacoma, Washington, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 125108447, which is assigned to Pierce Commercial Bank, but are markedly dissimilar to authentic cashier's checks. The counterfeit items display the bank's name, former street address ("5821 S Sprague Ct, Ste 101"), city, state and zip code in the lower-left corner. The bank's name, city, state, and zip code are repeated below the word "REMITTER" in the upper-left corner. The following security statements are embedded within the top border: "THIS DOCUMENT HAS A GRADUATED BACKGROUND DARK TO LIGHT. THE REVERSE SIDE INCLUDES AN ARTIFICIAL WATERMARK."

Authentic checks display the words "CASHIER'S CHECK" in the lower-left corner. The bank's logo (consisting of the letter "P"), name, street address ("1722 S Union Avenue"), city, state and zip code appear in the top-center portion. The following security statements appear below the printed amount line: "THIS DOCUMENT HAS A MICRO PRINT SIGNATURE LINE, WATERMARK AND A THERMOCHROMIC ICON. ABSENCE OF THESE FEATURES WILL INDICATE A COPY." Authentic checks have a weave patterned background.

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

Amy Brickey
Vice President
Pierce Commercial Bank
1722 South Union Avenue
Tacoma, Washington 98405
Telephone: (253) 471-1500
Fax: (253) 474-3251
E-mail: abrickey@piercebank.com