Alert 2004-5 | March 1, 2004

Unauthorized Banking Activities: Cherokee Heritage National Bank

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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel

The Office of the Comptroller of the Currency (OCC) has received information that individuals utilizing the above-referenced name are soliciting banking business in the United States without authorization. The information contained in a newspaper notice states that the organization is issuing stock and soliciting banking business in the name of Cherokee Heritage National Bank.

Please be advised that the OCC has not granted a national bank charter to this entity. Accordingly, the individuals promoting this organization are not authorized to issue stock or perform any business as a national bank.

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

Mail:	Office of the Comptroller of the Currency Enforcement & Compliance Division, MS 8-10 250 E Street, SW, Washington, DC 20219
Fax:	(202) 874-5301
Internet:	http://www.occ.treas.gov
Email:	occalertresponses@occ.treas.gov

Brian C. McCormally
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking