Counterfeit cashier's checks bearing the name Security State Bank, Odessa, Texas, are reportedly in circulation

Security State Bank, Odessa, 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 are reportedly associated with a job scam in which the employee is to work as an online bookkeeper and wire funds overseas.

The counterfeit items display the routing number 11321270, which is assigned to Security State Bank, and are similar to authentic cashier's checks. However, authentic checks include security wording embedded within the top border and above the routing number on the bottom of the checks.

Copies of a counterfeit item and an authentic check (VOID) are attached for your review. Be aware that the appearance of counterfeit items can be modified and that additional variations may be presented.

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

Kathy Hughes
Fraud Analyst
Security State Bank
P.O. Box 7197
Odessa, Texas 79760
Telephone: (432) 333-9901
Fax: (432) 333-4774
E-mail: khughes@ssbank.com

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 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 website at www.fdic.gov/news/news/SpecialAlert/2006/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Sandra L. Thompson
Director
Division of Supervision and Consumer Protection