OCC Announces Six New Enforcement Actions and One Termination

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced seven enforcement actions taken against national banks. The seven actions released today include: one formal agreement, two civil money penalties, one personal cease and desist order restitution, one removals/prohibitions, one safety and soundness order and one termination 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, Public Information Room (1-5), Washington, DC 20219. Requests made by facsimile transmission should be sent to (202) 874-4448. 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

South Dakota

97-77 Deuel County National Bank, Clear Lake 10/15/97

Civil Money Penalties, by Consent

No. Individual/Bank/City Date

Alabama

97-78 Bob G. Hughes, Citizens National Bank, Valley 10/27/97

97-79 R. Ronald Mize,Citizens National Bank,Valley 10/27/97

Personal Cease & Desist Order Restitution, by Consent

No. Individual/Bank/City Date

California

97-80 Y'Nicsha Grey, Bank of America, N.T. & S.A.,San Francisco 11/1/97

Removals/Prohibitions, by Consent

No. Individual/Bank/City Date

California

97-80 Y'Nicsha Grey, Bank of America, N.T. & S.A., San Francisco 11/1/97

Safety and Soundness Order

No. Bank/City Date

Texas

97-81 Marble Falls National Bank, Marble Falls 10/17/97

Termination of Enforcement Actions

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

Florida

97-82

Consent Order CO, The First National Bank of Chicago, Chicago, (EA #95-1) 10/17/97