Counterfeit cashier's checks bearing the name Bay Bank & Trust Company are reportedly in circulation

Bay Bank & Trust Company, Panama City, Florida, 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 063205208, which is assigned to Bay Bank & Trust Company. The items are dissimilar to authentic cashier's checks and have a security feature statement embedded in a darkened top border and along the bottom border between two padlocks. In the top-left corner is a dark box containing the bank's logo (white vertical double "B") and a toll-free telephone number, which is not associated with the bank.

Authentic cashier's checks are green and have a basket-weave background and ornate borders. The bank's logo (dark vertical double "B"), P.O. Box address and telephone number are in the top-left corner.

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:

John G. Hindsman
Executive Vice President and Chief Operating Officer
Bay Bank & Trust Company
509 Harrison Avenue
Panama City, Florida 32401
Telephone: (850) 769-3333, extension 1428
Fax: (850) 784-2215
E-mail: jhindsma@bankandtrust.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-3054, Washington, D.C. 20429, or transmitted electronically to alert@fdic.gov. Questions 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/2010/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. ThompsonDirector
Division of Supervision and Consumer Protection