OCC Announces Seven New Enforcement Actions and One Termination

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced eight enforcement actions taken against national banks. The eight actions released today include: two formal agreements, one civil money penalty, four removals/prohibitions and one termination of existing enforcement actions.

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

North Carolina

97-32 United National Bank, Fayetteville 06/11/97

Ohio

97-33 Morgan Bank, N.A.,Hudson 05/30/97

Civil Money Penalty by Consent

No. Individual/Bank/City Date

Pennsylvania

97-34 Raymond G. Weisbein, Metrobank of Philadelphia, N.A., Philadelphia 06/16/97

Removals/Prohibitions, by Consent

No. Individual/Bank/City Date

California

97-35 Armenui Mkhitarian, Bank of America, NT & SA, San Francisco 05/22/97

97-36 Paula E. Munoz, Bank of America, N.A., San Francisco 06/02/97

Pennsylvania

97-37 John M. Guarduci, First Union National Bank, Philadelphia 06/05/97

97-34 Raymond G. Weisbein, Metrobank of Philadelphia, N.A., Philadelphia 06/16/97

Termination of Enforcement Actions

No. Bank/City/Old EA# Date

Ohio

97-38 Malta National Bank, Malta, (EA #240) 06/17/97