OCC Announces Seven New Enforcement Actions and Two Terminations of Existing Actions

WASHINGTON, DC — The Office of the Comptroller of the Currency (OCC) today announced seven new enforcement actions taken against national banks, and two terminations of existing actions. The actions released today include two formal agreements, one cease and desist order, one civil money penalty, three removals, and two terminations of existing orders.

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

Alabama

99-6 Citizens National Bank, Valley 01/28/99

Ohio

99-7 Home National Bank, Racine 01/29/99

Cease and Desist Order, by Consent

No. Bank/City Date

California

99-13 First Central Bank, N.A., Cerritos 02/12/99

Civil Money Penalty, by Consent

No. Bank/City Date

California

99-13 First Central Bank, N.A., Cerritos 02/12/99

Removals, by Consent

No. Individual/Bank/City Date

Alabama

99-8 Anna Champaigne, SouthTrust Bank, N.A., Birmingham 02/18/99

Texas

99-9 Irene Escamilla Favela, Bank of America Texas, N.A., Irving 03/05/99

99-10 Cody Jones, Norwest Bank, Texas, N.A., San Antonio 02/12/99

Terminations of Existing Enforcement Actions

No. Bank/City/Old EA# Date

Colorado

99-11 Peak National Bank, Nederland, (EA #99-1) 01/19/99

Florida

99-12 Guaranty National Bank of Tallahassee, Tallahassee, (EA #96-27) 02/10/99