OCC Announces 11 New Enforcement Actions and 3 Terminations

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced 11 new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks and 3 terminations of an existing enforcement action.

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

2002-43 Hemisphere National Bank, Miami 06/03/02

Georgia

2002-44 Cumberland National Bank, St. Marys 04/11/02

Kentucky

2002-45 Henderson National Bank, Henderson 06/10/02

Maryland

2002-46 Harbor Capital National Bank, Rockville 05/06/02

Ohio

2002-47 Ohio Legacy Bank, National Association, Wooster 06/18/02

Washington

2002-48 Prime Pacific Bank, N.A., Lynnwood 06/12/02

Removals/Prohibitions, By Consent

No. Name/Bank/City Date

Florida

2002-49 Darlene Phanco, Riverside National Bank of Florida, Fort Pierce 06/07/02

Ohio

2002-50 William Wallace, Belmont National Bank, St. Clairsville 06/05/02

Civil Money Penalties, By Consent

No. Name/Bank/City Date

Ohio

2002-50 William Wallace, Belmont National Bank, St. Clairsville 06/05/02

Cease and Desist Orders, By Consent

No. Bank/City Date

Ohio

2002-51 The First National Bank of Germantown, Germantown 05/23/02

Washington

2002-52 Harbor Bank, N.A., Gig Harbor 05/10/02

Terminations of Existing Enforcement Actions

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

California

2002-53 FA, Sequoia National Bank, San Francisco, (EA #2000-102) 05/10/02

Georgia

2002-54 CO, Fidelity National Bank, Norcross, (EA #2000-114) 06/18/02

Washington

2002-55 FA, Harbor Bank, N.A., Gig Harbor, (EA #2001-42) 05/10/02