Counterfeit cashier's checks drawn on Flagstar Bank, Troy, Michigan, are reportedly in circulation

Flagstar Bank, Troy, Michigan, 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 096016765, which is the routing number for the payable-through bank. The counterfeit items and the authentic checks are similar. However, authentic cashier's checks have a dark border along the top and bottom of the check that states the security features of the instrument. The counterfeit items have a decorative border that frames the check. 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:

Nancy St. Louis
First Vice President – Security Officer
Flagstar Bank
5151 Corporate Drive E-460-3
Troy, MI 48098
Telephone: (248) 312-6314
Fax: (248) 312-6971
Nancy.Stlouis@flagstar.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. Zamorski

Director
Division of Supervision and Consumer Protection