Counterfeit cashier's checks bearing the name American State Bank, Sioux Center, Iowa, are reportedly in circulation

American State Bank, Sioux Center, Iowa, 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 073917641, which is assigned to American State Bank. The items are similar to authentic cashier's checks and display the following statement above the signature lines: "TWO SIGNATURES REQUIRED ON AMOUNTS OVER $500,000.00."

Authentic checks are tan and have a darkened stripe across the top. The checks display the following statement above the signature lines: "TWO SIGNATURES REQUIRED ON AMOUNTS OVER $10,000.00."

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:

Arlin Roskam
Vice President and Chief Operating Officer American State Bank
525 North Main
Sioux Center, Iowa 51250
Telephone: (712) 722-4846
Fax: (712) 722-3819
E-mail: arlin.roskam@ambankiowa.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