OCC Announces Four New Enforcement Actions And Two Terminations

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced four new enforcement actions taken against bankers and national banks and two terminations. The actions released today include one formal agreement, two cease and desist orders, one order for restitution and two terminations 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 Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division.

The OCC also maintains a searchable database of all public enforcement actions taken since August 1989 on its Internet Website located at http://www.occ.treas.gov/enforce.htm.

Formal Agreement, by Consent

No. Bank/City Date

Ohio

98-60 Community National Bank, Franklin 09/30/98

Cease and Desist Order, by Consent

No. Bank/City Date

Texas

98-61 Duncanville National Bank, Duncanville 01/22/98

98-62 East Texas National Bank, Marshall 08/25/98

Restitution, by Order of the Acting Comptroller

No. Individual/Bank/City Date

98-63 Elena Espiritu, Bank of America, NT &SA, San Francisco 06/16/98

Termination of Existing Enforcement Actions

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

California

98-65 CDO, First Central Bank, N.A., Cerritos, (EA #97-8) 01/22/98

98-64 FA, American Independent Bank, N.A., Gardena, (EA #98-48) 10/01/98