I just heard this report today...



Also, recently I had the opportunity to review canceled checks that were made out to the Trust Name and deposited and redeemed in lawful money per the signature card and demand on the check. Interestingly, there is now an additional stamp on the back of the check that IS NOT PRESENT on checks I deposited prior to learning about redeeming lawful money pursuant to 12 U.S.C. 411. The additional stamp usually has "FRB #" and a number of letters and digits in various arrangement but it is not always consistent. Have you seen this before?


My first guess is that the FRB# is the Fed endorsing the paycheck for the suitor.