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Special Alerts

SA-14-2005
February 14, 2005


TO: CHIEF EXECUTIVE OFFICER (also may be of interest to Security Officer)
SUBJECT: Unauthorized Entity May Be Conducting Banking Activities
Summary: First National of America Banc is offering deposit and banking services to the general public. However, the entity is not chartered by the Office of the Comptroller of the Currency.

Please be advised that the Federal Deposit Insurance Corporation (FDIC) was recently notified that the following entity may be conducting banking business illegally or without authorization: First National of America Banc, International Banking Division, 3712 North Broadway, Suite 132, Chicago, Illinois 60613. The entity is not chartered by the Office of the Comptroller of the Currency, and there is no record of such a company being authorized or licensed to conduct the business of banking by the state of Illinois. Furthermore, the FDIC does not insure this entity or any products or services it may offer.

Any information about this entity may be forwarded to the FDIC's Special Activities Section, 550 17th Street, N.W., Room F-4040, Washington, D.C. 20429, or forwarded electronically to alert@fdic.gov.

For your reference, FDIC Special Alerts may be accessed from the FDIC's Web site at www.fdic.gov/news/news/SpecialAlert/2005/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.

Michael J. Zamorski
Director
Division of Supervision and Consumer Protection

Distribution: FDIC-Supervised Banks (Commercial and Savings)

NOTE: Paper copies of FDIC Special Alerts 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).



Last Updated 02/14/2004 communications@fdic.gov