Counterfeit cashier's checks drawn on Pilgrim Bank, Pittsburg, Texas, are reportedly in circulation

Pilgrim Bank, Pittsburg, Texas, 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 drawee bank. The counterfeit items and the authentic checks are very similar. The authentic items have a bank telephone number printed just below the Main Bank address to the left of the Pilgrim Bank logo. The counterfeit items do not list the telephone 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:

VaRue Coley
Executive Vice President
Pilgrim Bank
2401 South Jefferson Avenue
P.O. Box 1288
Mt. Pleasant, Texas 75456-1288
Telephone: (903) 575-2168
Fax: (903) 575-0340
Email: vcoley@pilgrimbank.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