News Releas 97-41 For: IMMEDIATE RELEASE Contact: Lynnette Carter-Warren (202) 874-4700 Date: April 28, 1997 OCC ANNOUNCES SEVEN NEW ENFORCEMENT ACTIONS AND ONE TERMINATION WASHINGTON, DC -- The Office of the Comptroller of the Currency today announced nine enforcement actions taken against national banks. The eight actions released today include: one consent order, one cease and desist order, one civil money penalty, four removals/prohibitions and one termination of existing enforcement action. 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, Public Information Room (1-5), 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. CONSENT ORDER No. Bank, City Date Connecticut 97-11 Sachem Trust National Association, Guilford 2/25/97 CEASE AND DESIST ORDER, BY CONSENT No. Individual, Bank, City Date California 97-12 David Tsai, The Nolan Company and Tsai Development and Construction, First Central Bank, N.A., Cerritos 3/20/97 CIVIL MONEY PENALTY, BY CONSENT No. Individual, Bank, City Date California 97-13 David Tsai, First Central Bank, N.A., Cerritos 3/20/97 REMOVALS/PROHIBITIONS, BY CONSENT No. Individual, Bank, City Date California 97-14 Samuel J. Rowe, First Central Bank, N.A., Cerritos3/17/97 97-13 David Tsai, First Central Bank, N.A., Cerritos 3/20/97 97-15 Deanna Lara, Bank of America, N.T. & S.A., San Francisco 3/2/97 97-16 Lisa Tran, Wells Fargo Bank, N.A., San Francisco3/20/97 TERMINATIONS OF ENFORCEMENT ACTIONS No. Bank, City, Old EA# Date Missouri 97-17 ORDER MAKING FINDINGS AND IMPOSING SANCTIONS, Commerce Bank, N.A., Kansas City, #474 4/3/97 # # # The OCC charters, regulates and examines 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.