Federal Deposit
Insurance Corporation

On May 11, 2004, the Department of the Treasury's Office of Foreign Assets Control (OFAC) issued a press release indicating that the President of the United States issued Executive Order 13338-Blocking Property of Certain Persons and Prohibiting the Export of Certain Goods to Syria. This order restricts specific goods and services that may be sent to or from the United States. Attached is a copy of the order, which explains the restrictions.

Additional information about OFAC-related issues may be found on the Internet at https://home.treasury.gov/policy-issues/office-of-foreign-assets-control-sanctions-programs-and-information.

Please distribute this information to the appropriate personnel in your institution. For further information about Executive Orders or control regulations, please call OFAC's Compliance Programs Division at 1-800-540-6322.

For your reference, FDIC Financial Institution Letters may be accessed from the FDIC's Web site at www.fdic.gov/news/news/financial/2004/index.html. To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html.

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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, NW, Room 100, Washington, DC 20434 (1-877-275-3342 or (703) 562-2200).