NR 96-121 For: IMMEDIATE RELEASE Contact: Keith Fulwood Date: October 30, 1996 (202) 874-4700 OCC ANNOUNCES TWO NEW ENFORCEMENT ACTIONS AND THREE TERMINATIONS WASHINGTON, DC -- The Office of the Comptroller of the Currency today announced five enforcement actions taken against national banks. The five actions released today include: one formal agreement, one prompt corrective directive and three terminations of existing enforcement actions. A list of enforcement actions previously disclosed and copies of the actual documents are available from the OCC's Communications Division by writing to: Comptroller of the Currency, Disclosure Room (3-10), Washington, DC 20219. Requests made by facsimile transmission should be sent to (202) 874-4448. Please include the identifying enforcement action number when placing an order. Enforcement actions are also listed monthly in OCC's Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division. FORMAL AGREEMENT No. Bank, City Date Indiana 96-50 The First National Bank of Dana, Dana 10/9/96 PROMPT CORRECTIVE ACTION No. Bank, City California 96-51 First Charter Bank, National Association, Beverly Hills 8/27/96 - more - TERMINATION OF ENFORCEMENT ACTIONS No. Bank, City, Old EA# Date Iowa 96-52 FORMAL AGREEMENT, The City National Bank of Shenandoah, Shenandoah, #726 8/3/96 Missouri 96-53 FORMAL AGREEMENT, First National Bank of Malden, Malden, #93-87 7/16/96 Texas 94-224 FORMAL AGREEMENT, Peoples National Bank, McKinney, #570 5/19/94 # # # The OCC charters, regulates and supervises approximately 2,800 national banks and 66 federal branches and agencies of foreign banks in the U.S., accounting for more than half the nation's banking assets. Its mission is to ensure a safe, sound and competitive national banking system that supports the citizens, communities and economy of the United States.