The Office of the Comptroller of the Currency has advised us that the following entity may be conducting banking business in the United States illegally or without authorization:

First Lenape Nation Bank
Route 1, Box 174D
Anadarko, OK 73005

Proposed transactions involving this entity should be viewed with extreme caution.

Attached is a March 21, 1997, press release from the Oklahoma Banking Department alerting financial institutions and the general public about this matter.

Please forward any information concerning this entity to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-612, Washington, D.C. 20429.

Attachment: State of Oklahoma, State Banking Department March 21, 1997 Press Release (below)

Distribution: FDIC-Supervised Banks (Commercial and Savings)

Note: Paper copies of FDIC financial institution letters may be obtained through the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 (800-276-6003 or (703) 562-2200).

STATE BANKING DEPARTMENT

MARCH 21, 1997

PRESS RELEASE

Mick Thompson, Oklahoma Bank Commissioner, is issuing this alert to Oklahoma financial institutions and a warning to the general public concerning financial transactions involving the "First Lenape Nations [sic] Bank", which claims to be headquartered in Anadarko, Oklahoma. This entity is not chartered by or licensed to do business in the State of Oklahoma. Commissioner Thompson advises financial institutions and the general public to exercise extreme caution when engaging in any transaction involving this entity.

Commissioner Thompson said, "Consumers should be wary of depositing funds with any institution which is not chartered by a recognized regulatory agency, whose deposits are not properly insured and whose management is not properly bonded to do such business.