Counterfeit cashier's checks drawn on ShoreBank, Chicago, Illinois, are reportedly in circulation

ShoreBank, Chicago, 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 proper routing number of 022000868, which is the clearing institution for ShoreBank. The counterfeit items and the authentic checks are similar. However, authentic cashier's checks have the words “Official Check” prominently displayed at the top of the check and the ShoreBank logo in the upper left-hand corner. The counterfeit items have the words “Cashier's Check” over the lower left side, the ShoreBank logo centered at the top of the check, and a decorative border outlining the check number. Copies of a counterfeit item and an authentic cashier's check (VOID) are attached for your review.

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

Theresa M. Clarke
Vice President, Operations
ShoreBank
7936 South Cottage Grove
Chicago, Illinois 60619
Telephone: (773) 420-5452
Fax: (773) 420-5453
theresa.clarke@sbk.com

Information about these instruments may be forwarded to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-4040, 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/2005/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Michael J. ZamorskiDirector
Division of Supervision and Consumer Protection