OCC Announces 20 New Enforcement Actions and 5 Terminations

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced 20 new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks and 5 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/enforce.htm.

Formal Agreements, by Consent

No. Bank/City Date

Florida

2002-2 Guaranty National Bank, Tallahassee 01/25/02

Nebraska

2001-113 First National Bank and Trust of Syracuse, Syracuse 12/20/01

New York

2001-114 Ballston Spa National Bank, Ballston Spa 06/28/01

2001-115 The Park Avenue Bank, N.A., New York 11/02/01

Pennsylvania

2001-116 National Bank of Malvern, Malvern 08/06/01

Texas

2002-3 First National Bank, George West 01/09/02

2001-117 CompuBank, National Association, Houston 01/31/01

Removals/Prohibitions, By Consent

No. Name/Bank/City Date

California

2002-4 Gary W. Mounce, First Professional Bank, Santa Monica 01/15/02

Maryland

2001-118 Lisa S. Williams, Citizens National Bank, Laurel 12/27/01

Mississippi

2002-5 Kelly Y. Ashley, First National Bank of Lucedale, Lucedale 01/18/02

Pennsylvania

2002-6 Terri S. Wenger, Mellon Bank, N.A., Wilkes-Barre 01/18/02

Ohio

2001-119 Darren A. Lossia, Fifth Third Bank of Northwestern Ohio, N.A., Cincinnati 12/14/01

Civil Money Penalties, By Consent

No. Name/Bank/City Date

California

2002-4 Gary W. Mounce, First Professional Bank, Santa Monica 01/15/02

New York

2002-1 Bank of China, New York Branch, New York 01/17/02

Oklahoma

2001-120 Gary W. Flanders, MetroBank, N.A., Oklahoma City 11/30/01

Cease and Desist Orders, By Consent

No. Bank/City Date

California

2002-1 Bank of China, Los Angeles Branch, Los Angeles 01/17/02

Illinois

2002-7 Seaway National Bank of Chicago, Chicago 01/22/02

New York

2002-1 Bank of China, Chinatown Branch, New York 01/17/02

2002-1 Bank of China, New York Branch, New York 01/17/02

Prompt Corrective Action Directive

No. Bank/City Date

Arizona

2001-121 NextBank, N.A., Phoenix 11/15/01

Terminations of Existing Enforcement Actions

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

Illinois

2001-122 FA, First National Bank of Lerna, Lerna, (EA #2000-64) 09/12/01

Minnesota

2001-123 CO, First National Bank of Luverne, Luverne, (EA #99-15) 01/08/01

2001-124 CO, First National Bank and Trust, Pipestone, (EA #99-14) 12/19/01

Oklahoma

2002-8 FA, First National Bank of Fletcher, Fletcher, (EA #99-2) 01/17/02

Texas

2001-125 FA, Texas Premier Bank, N.A., Brookshire, (EA #99-65) 11/13/01