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Special Alert

BSA/AML, OFAC and Fraud
August 26, 1996

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 us that the following entities may be conducting banking business in the United States illegally or without authorization. Proposed transactions involving any of the listed entities should be viewed with extreme caution.

  • Banc Merchantile, Ltd.
    2607 Holman Avenue
    Silver Spring, MD
  • First Fidelity Brokers Bancorp
    2961 Industrial Road
    Las Vegas, NV
  • Ivertbanki
    150 East 58th Street, 33rd Floor
    New York, NY
  • The Hip National Bank
    1645 West Hill Drive, Suite 49
    Los Angeles, CA
  • Union National Bank Limited
    Apia, Western Samoa

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.
Director

Distribution: FDIC-Supervised Banks (Commercial and Savings)


FIL-65-96

Last Updated: August 26, 1996