OCC Announces 16 New Enforcement Actions and Two Terminations

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced the following enforcement actions taken against national banks. The 18 actions released today include: one formal agreement, eight civil money penalties, seven

prohibitions, and two terminations of an existing enforcement action.

A list of enforcement actions previously disclosed and copies of the actual documents are available from the OCC's Communications Division by writing to: Comptroller of the Currency, Communications Division (3-2), Washington, DC 20219. Requests made by facsimile transmission should be sent to (202) 874-5263. Please include the identifying enforcement action number when placing an order. Enforcement actions are also listed monthly in OCC's Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division.

Formal Agreement, by Consent

No. Bank/City Date

California

96-12 Vineyard National Bank, Rancho Cucamonga 3/5/1996

Civil Money Penalties, by Consent

No. Individual/Bank/City Date

California

96-13 Gerald Garner and Joan Garner, American Commerce National Bank, Anaheim 02/02/1996

96-14 Daniel Garner, American Commerce National Bank, Anaheim 02/02/1996

96-15 Charles Kim, Nara Bank, N.A., Los Angeles 03/27/1996

96-16 Sunnie Kim, Nara Bank, N.A., Los Angeles 03/29/1996

96-17 William T. Brady, Mission Viejo National Bank (Failed), Mission Viejo 02/15/1996

96-18 Vineyard National Bank, Rancho Cucamonga 03/05/1996

Connecticut

96-19 Frank Gugliotti, Summit National Bank, Torrington 03/06/1996

Kansas

96-20 James J. Levitt, First National Bank of Shawnee Mission, Fairway 02/20/1996

Removal / Prohibitions, by Consent

No. Individual/Bank/City Date

California

96-13 Gerald Garner and Joan Garner, American Commerce National Bank, Anaheim 02/02/1996

96-14 Daniel Garner, American Commerce National Bank, Anaheim 02/02/1996

96-21 Wayne Ward, First Central Bank, N.A., Cerritos 03/13/1996

96-17 William T. Brady, Mission Viejo National Bank (Failed), Mission Viejo 02/15/1996

96-22 Robert N.Wakeman, Mission Viejo National Bank (Failed), Mission Viejo 02/25/1996

Kansas

96-19 James J. Levitt, First National Bank of Shawnee Mission, Fairway 02/20/1996

New York

96-23 Ramon Martinez, Capital National Bank (Failed), Bronx 03/04/1996

Termination of Enforcement Actions

No. Type/Bank/City/Old EA# Date

California

96-24 FA, Nara Bank, N.A., Los Angeles, (EA #93-179) 03/11/1996

96-25 FA, Omni Bank, N.A., Monterey Park, (EA #93-180) 03/21/1996

New Jersey

96-26 CO, The National Bank of Sussex County, Branchville, (EA #401) 03/27/1996