OCC Announces Eleven New Enforcement Actions

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced 10 enforcement actions taken against national banks. The 11 actions released today include: one formal agreement, three cease and desist orders, three civil money penalties, four removals/prohibitions.

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, Disclosure 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

Georgia

96-69 Fidelity National Bank, Norcross 11/14/96

Cease and Desist Order, by Consent

No. Individual/Bank/City Date

California

96-70 David Chow, First Central Bank, N.A., Cerritos 11/29/96

Maryland

96-71 Abel Holtz, Capital Bank, N.A., Rockville 12/19/96

Texas

96-77 Gerald Berry, First National Bank of Panhandle, Panhandle 12/17/96

Civil Money Penalties, by Consent

No. Individual/Bank/City Date

California

96-72 George Lee, First Central Bank, N.A., Cerritos 12/17/96

96-73 Dr. Margin Lew, First Central Bank, N.A., Cerritos 12/18/96

Minnesota

96-74 Gary Schutz, First National Bank at Saint James, Saint James 12/09/96

Removal/Prohibition, by Consent

No. Individual/Bank/City Date

California

96-75 David Chow, First Central Bank, N.A., Cerritos 12/19/96

Texas

96-76 Kathryn S. Conner, NationsBank of Texas, N.A., Dallas 12/09/96

96-77 Gerald Berry, First National Bank of Panhandle, Panhandle 12/17/96

Order of Prohibition, by the Board of Governors Federal Reserve System

No. Individual/Bank/City Date

Indiana

96-78 Donald E. Hedrick and John K. Snyder, Rushville National Bank, Rushville 09/11/96