Alert Number: FDIC SA-121-2006
DATE: April 28, 2006
TO: Chief Executive Officer/President
SUBJECT: Counterfeit Cashier's Checks
Counterfeit cashier's checks bearing the name of Sterling Savings Bank, Spokane, Washington, are reportedly in circulation.
Sterling Savings Bank, Spokane, Washington, 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 325171740, which is assigned to Sterling Savings Bank. Authentic checks are issued through Integrated Payment Systems and bear the routing number 022000868, which is a payable-through account at Citibank, Buffalo, New York.
The counterfeit items are dissimilar to authentic checks. The counterfeit items display the bank's name and address in the top-left corner above a telephone number, which is not associated with the bank. The words "CASHIER'S CHECK" and "Remitter" appear in the top center. A statement describing security features, including reference to a watermark on the reverse side, is embedded in the top border.
Authentic checks display the words "OFFICIAL CHECK" in the top-center portion of the check. The bank's name and logo are in the upper-left corner. Authentic official checks have ornate borders on the sides features printed below the top border.
Any information you have concerning this matter should be brought to the attention of:
Assistant Vice President and Fraud Investigator
Sterling Savings Bank
Telephone: (425) 452-8149
Telephone: (509) 227-6987
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 firstname.lastname@example.org. 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.