Alert 1997-26 | September 24, 1997

Unauthorized Banking: Chase Bank of Las Vegas, Nevada

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 entity may be operating a banking business in the United States without authorization. Further, the Nevada Financial Institution Division has advised that the subject entity has not been granted permission to operate in Nevada and has issued a Cease and Desist Order.

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, SW
Washington, DC 202l9
Fax (202) 874-5301

Daniel P. Stipano
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking