Entities That May Be Conducting Banking Operations
in the United States Without Authorization
The Office of the Comptroller of the Currency has published the attached
updated list of entities that may be conducting banking business in
the United States illegally or without authorization. Please view with
extreme caution any proposed transactions involving any of the listed
The list is an updated summary of entities identified in previous FDIC
financial institution letters (FILs) on this subject. However, this
listing does not contain the names of entities furnished by state
or foreign governments, which are included in the following FILs. Please
be sure to retain these FILs for your records.
FIL-17-91, dated April 23, 1991, contains a listing of bank licenses
revoked by the Government of Montserrat.
FIL-56-91, dated November 19, 1991, contains a listing of companies
purporting to be banks, but that are not licensed as such by the government
FIL-65-94, dated October 7, 1994, contains a list of entities not
licensed to conduct banking activities in the state of New York.
FIL-92-96, dated November 14, 1996, FIL-32-97, dated April 11, 1997,
and FIL-69-98: Financial Institution Letters: dated June 30, 1998, contain information concerning
entities that are not licensed chartered banks in Belize.
FIL-35-97, dated April 15, 1997, contains names of entities that
may be operating in Canada in violation of the Bank Act (Canada) and
may be conducting unauthorized banking transactions in the United
Please forward any information concerning these entities to the FDIC's
Special Activities Section, 550 17th Street, NW, Room F-6012, Washington,
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 (800-276-6003 or (703) 562-2200).