Olney-based Sandy Spring Bank warned Wednesday that counterfeit cashier's checks bearing the institution's name and routing number are in circulation.
The company has notified the Federal Deposit Insurance Corp., a government corporation that guarantees bank deposits, of the counterfeit checks. The checks use the bank's routing number – 055001096 – and display an inaccurate security feature.
According to Sandy Spring, the fake checks display a security feature statement embedded in a darkened top border and along the bottom border, between two padlock icons. Authentic cashier's checks have ornate top and side borders, and display a security feature statement below the top border. A padlock icon appears above the written amount line on the right side of the authentic checks.