Counterfeit cashier's checks bearing the name Franklin Federal Savings Bank, Glen Allen, Virginia, are reportedly in circulation

Franklin Federal Savings Bank, Glen Allen, Virginia, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit cashier's checks bearing the institution's name are in circulation.

Franklin Federal Savings Bank does not issue cashier's check; however, it does issue an undesignated type bank check.

The counterfeit items display the routing number 251072968, which is assigned to Franklin Federal Savings Bank. The items are markedly dissimilar to authentic checks. The counterfeit items are light blue with a star design background. A security feature statement is embedded in a darkened top border and along the bottom border between two padlock icons. The words "CASHIER'S CHECK" and "MEMBER FDIC" are displayed near the top-right corner. Fields for "CHECK DATE," "CHECK NUMBER" and "CHECK AMOUNT" appear within a box on the right side. The statement "VOID IF NOT CASHED IN 90 DAYS" appears above the box.

Authentic checks are speckled gray/blue on a white background. The bank logo (a gold column), name, address and telephone number are in the top-left corner. A security feature statement is embedded within a darkened top border. The check number is printed in red. The statement "Over $25,000.00 TWO SIGNATURES REQUIRED" appears above two signature lines in the lower-right 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:

Star Garone
Retail Operations Supervisor and Analyst
Franklin Federal Savings Bank
4501 Cox Road
P. O. Box 5310
Glen Allen, Virginia 23058-5310
Telephone: (804) 967-7000
Fax: (804) 967-7043
Email: sgarone@franklinfederal.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