OCC Announces 14 New Enforcement Actions and 5 Terminations

WASHINGTON — The Office of the Comptroller of the Currency (OCC) today announced 14 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

Ohio

2002-114 The First National Bank of Shelby, Shelby 10/29/02

Removals/Prohibitions, By Consent

No. Name/Bank/City Date

New York

2002-115 Ming Jiang, Bank of China, New York Branch, New York 09/23/02

2002-116 Li Chuan Jie, Bank of China, New York Branch, New York 09/03/02

2002-117 Jia Shu Luo, Bank of China, New York Branch, New York 09/03/02

2002-118 Patrick Young, Bank of China, New York Branch, New York 10/31/02

Civil Money Penalties, By Consent

No. Name/Bank/City Date

New York

2002-116 Li Chuan Jie, Bank of China, New York Branch, New York 09/03/02

2002-117 Jia Shu Luo, Bank of China, New York Branch, New York 09/03/02

2002-119 Jian Xiang Wen a.k.a. Simon Jian, Bank of China, New York Branch, New York 10/31/02

2002-118 Patrick Young, Bank of China, New York Branch, New York 10/31/02

Amended Cease and Desist Orders, By Consent

No. Bank/City Date

Illinois

2002-120 Seaway National Bank of Chicago, Chicago 11/07/02

Cease and Desist Orders, By Consent

No. Bank/City Date

South Dakota

2002-121 Valley Bank (National Association), Elk Point 10/21/02

Personal Cease and Desist Orders, By Consent

No. Name/Bank/City Date

California

2002-122 Jian Hua Gao, Bank of China, Los Angeles Branch, Los Angeles 08/23/02

Florida

2002-123 Lewis Edward Mitchell, Riverside National Bank of Florida, Fort Pierce 11/18/02

New York

2002-119 Jian Xiang Wen a.k.a. Simon Jian, Bank of China, New York Branch, New York 10/31/02

Terminations of Existing Enforcement Actions

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

California

2002-124 FA, Neighborhood National Bank, San Diego (EA #2001-105) 10/31/02

Ohio

2002-125 CA, Belmont National Bank, St. Clairsville (EA #99-57) 10/03/02

Texas

2002-126 FA, First National Bank, Glen Rose (EA #2002-9) 10/24/02

Washington

2002-127 FA, State National Bank of Garfield, Spokane (EA #2001-58) 11/18/02

Wyoming

2002-128 FA, First National Bank of Gillette, Gillette (EA #2001-92) 09/11/02