On September 24, 2001, President George W. Bush issued an Executive Order targeting terrorists. As a result, a number of new names have been added to Treasury's Office of Foreign Assets Control (OFAC) Specially Designated Nationals and Blocked Persons list. A copy of the Executive Order is attached for your information. The Executive Order also may be found at http://www.treas.gov/offices/enforcement/ofac/bulletin.txt.
Also attached for your convenience is a separate document listing only the names of the terrorists and terrorist organizations included in the Executive Order. OFAC has asked that we distribute the information to all FDIC-supervised institutions so records can be checked for accounts that are required by the order to be blocked. Banks are instructed to call OFAC's hotline at 1-800-540-6322 if there are any "hits" or questions. General OFAC information also may be found on the Internet at www.treas.gov/offices/enforcement/ofac/. Financial institutions should be alert to the likelihood that OFAC's lists will frequently change as the investigation of the terrorist activities continues, and should periodically visit OFAC's Web site for up-to-date information.
Please immediately distribute this information to the appropriate personnel in your institution. For further information about Executive Orders, the list of blocked accounts or the procedures to block accounts, please call OFAC's Compliance Programs Division at 1-800-540-6322.
For your reference, all FDIC Financial Institution Letters published since January of 1995 may be found on the FDIC's Web site at www.fdic.gov under "Newsroom, Events & FOIA." To learn how to automatically receive FDIC Financial Institution Letters through e-mail, please visit http://www.fdic.gov/news/news/announcements/index.html.
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).