Alert 1997-18 | August 19, 1997

Unauthorized Banking: First National Bank, FSB First National Bank National Trust and Savings Association First National Trust

To

Chief Executive Officers of all National Banks; all State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); District Counsel and Examining Personnel

Information has been received that the subject entities may be conducting a banking and trust business in the United States without authorization. The Office of the Comptroller of the Currency has not granted national charters to these entities. Further, the California Department of Financial Institutions has advised that the subject entities are not authorized to conduct a banking and trust business in California.

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

Office of the Comptroller of the Currency
Enforcement & Compliance Division
250 E Street, S.W.
Washington, D.C. 202l9
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking