Washington State Department of Financial Institutions

Bank Alert

Alert Number: FDIC SA-249-2006

DATE: August 29, 2006

TO: Chief Executive Officer/President

SUBJECT: Counterfeit Cashier's Checks

Counterfeit cashier's checks bearing the name Washington First International Bank, Seattle, Washington, are reportedly in circulation.

Washington First International Bank, Seattle, Washington, has contacted the Federal Deposit Insurance Corporation (FDIC) to report that counterfeit checks bearing the institution's name are in circulation.

The counterfeit items display the routing number 125008165, which is assigned to Washington First International Bank. However, the counterfeit items are dissimilar to authentic checks. The counterfeit items display a telephone number, which is not associated with the bank, in the upper-left corner below the bank's logo, name and street address. Embedded in the top border is the statement: "THIS DOCUMENT HAS A COLORED BACKGROUND AND MICROPRINTING. THE REVERSE SIDE INCLUDES AN ARTIFICIAL WATERMARK." The words "CASHIER'S CHECK" and the FDIC logo are centered at the top of the items. Two signature lines appear in the lower-right corner.

Authentic checks display "CASHIER'S CHECK" in the lower-left corner above the wording "VOID AFTER 90 DAYS." Only the city, state and "U.S.A." appear in the upper-left portion below the bank's name and next to the logo. Authentic checks have one signature line in the bottom-right corner and decorative borders on all sides.

Any information you have concerning this matter should be brought to the attention of:

Karen Booth
Vice President Operations
Washington First International Bank
9709 Third Avenue, NE
Seattle, Washington 98115
Phone: (206) 525-8118
Fax: (206) 528-9300
E-mail: karen.booth@wfib.com