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News Now

CU System
Counterfeit checks bear CUs name
WASHINGTON (8/3/11)--An Oregon credit union is one of four financial institutions reporting that counterfeit checks are circulating with their names this week. OnPoint Community CU, a $2.8 billion asset credit union headquartered in Portland, Ore., has reported to the Federal Deposit Insurance Corp. (FDIC) that counterfeit cashier's checks are displaying a routing number, 323075880, that is assigned to the credit union, said FDIC in a special alert. The items are similar to authentic cashier's checks but have a dark green top border and a teal waterfall design background. Authentic cashier's checks have a dark green border and a light green background. Checks when copied have a "VOID" background. Also experiencing counterfeit checks with their names on them were PBI Bank, Louisville, Ky.; Heritage Bank of Nevada, Reno, Nev.; and St. Johns Bank and Trust Co., St. Louis, Mo.
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