Counterfeit cashier's checks bearing the name State Bank of Alcester, Alcester, South Dakota, are reportedly in circulation

State Bank of Alcester, Alcester, South Dakota, 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 091403292, which is assigned to the State Bank of Alcester. The counterfeit items include the bank's logo in the top-left corner; authentic cashier's checks display the logo in the top center. A security statement is embedded in the top border of the counterfeit items; authentic checks display the security statement beneath the amount line. Displayed in the middle of the counterfeit items are six large arrows, which are associated with the amount, and all are pointing toward the right border.

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:

Adele Buum
Vice President of Operations
State Bank of Alcester
P.O. Box 168
Alcester, South Dakota 57001
Telephone: (605) 934-2500
Fax: (605) 934-2515
E-mail: adele.buum@statebankofalcester.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 http://www.fdic.gov/news/news/SpecialAlert/2007/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