OCC Announces 17 New Enforcement Actions and Three Terminations

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced 20 enforcement actions taken against national banks. The 20 actions released today include: one formal agreement, five civil money penalties, two personal cease and desist orders, one cease and desist order, two personal cease and desist orders for restitution, one prompt corrective action directive, five removals/prohibitions, and three 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 to 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

North Dakota

98-15 The First National Bank of McClusky, McClusky 02/17/98

Civil Money Penalties, by Consent

No. Individual/Bank/City Date

Illinois

98-12 First Suburban National Bank, Maywood 02/02/98

98-18 Donald Anderson, Park National Bank and Trust of Chicago, Chicago 04/10/98

98-19 Raymond J. Allen, Park National Bank and Trust of Chicago, Chicago 04/10/98

Maryland

98-11 Salem Eduardo Nazar, Capital Bank, N.A., Rockville 02/27/98

Puerto Rico

98-14 Jose E. Alegria Campos, Banco Nacional, N.A., Hato Rey 02/02/98

Personal Cease and Desist Order, by Consent

No. Individual/Bank/City Date

Illinois

98-18 Donald Anderson, Park National Bank and Trust of Chicago, Chicago 04/10/98

Maryland

98-11 Salem Eduardo Nazar, Capital Bank, N.A., Rockville 02/27/98

Cease and Desist Order, by Consent

No. Bank/City Date

New York

98-1 Broadway National Bank, New York 04/13/98

Personal Cease and Desist Order for Restitution, by Consent

No. Individual/Bank/City Date

Illinois

98-19 Raymond J. Allen, Park National Bank and Trust of Chicago, Chicago 04/10/98

Texas

98-17 Daniel Lisbony, Bank of America Texas, N.A., Irving 04/10/98

Prompt Corrective Action Directive

No. Bank/City Date

Texas

98-20 Western American National Bank, Bedford 04/06/98

Removals/Prohibitions, by Consent

No. Individual/Bank/City Date

Illinois

98-19 Raymond J. Allen, Park National Bank and Trust of Chicago, Chicago 04/10/98

Maryland

98-11 Salem Eduardo Nazar, Capital Bank, N.A., Rockville 02/27/98

Puerto Rico

98-14 Jose E. Alegria Campos, Banco Nacional, N.A., Hato Rey 02/02/98

Texas

98-16 Carlos Ferguson, NationsBank, N.A., Dallas 03/05/98

98-17 Daniel Lisbony, Bank of America Texas, N.A., Irving 04/10/98

Terminations of Enforcement Actions

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

California

98-13 FA, Vineyard National Bank, Cucamonga, Rancho Cucamonga, (EA #96-12) 02/06/98

Nebraska

98-22 FA,  James D. Krantz, The First National Bank of Bayard, Bayard, (EA #94-150) 03/20/98

98-21 PCDO, John H. Becker, The Otoe County National Bank and Trust Co., Nebraska City, (EA #964) 03/18/98