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Financial Institution Letters


Special Alert

FIL-51-95
August 1, 1995

 

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Entities That May Be Conducting Banking Operations
In The United States Without Authorization

The Office of the Comptroller of the Currency has advised that the following entities may be conducting a banking business in the United States illegally or without authorization.

     Federal National Investment       Metro Bank   (2)
Bank 15515 San Fernando Boulevard
15336 Roscoe Boulevard Mission Hills, CA
Van Nuys, CA
     First Eastern Bank   (1)          National Banc Republic of
Pennsylvania Georgia, Ltd.
1082 Lincoln Avenue
Marine Merchant Bank, Ltd. Willow Glen
Turks and Caicos Islands San Jose, CA
     Marine Merchant International,    Sovereign Nations Central Bank
Ltd. Post Office Box 250
67 Wall Street Wyandotte, OK
New York, NY
     (1)  Checks issued by First Eastern Bank, drawn on Doha Bank
Limited, New York, New York, are worthless. Doha Bank Limited
has advised that no such customer relationship exists.
     (2)  Not associated with Metrobank (one word), headquartered in Los
Angeles, a licensed bank in the State of California.
Any proposed transactions involving any of these entities should be viewed with extreme caution. Please forward any information concerning these entities to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-612, Washington, D.C. 20429.

Nicholas J. Ketcha Jr.
Acting Director

Distribution: FDIC-Supervised Banks (Commercial and Savings)

Last Updated 07/16/1999 communications@fdic.gov