NR 97-9 For: IMMEDIATE RELEASE Contact : Lynnette Carter-Warren (202) 874-4700 Date: January 23, 1997 OCC ANNOUNCES ELEVEN NEW ENFORCEMENT ACTIONS WASHINGTON, DC -- The Office of the Comptroller of the Currency today announced 10 enforcement actions taken against national banks. The 11 actions released today include: one formal agreement, three cease and desist orders, three civil money penalties, four removals/prohibitions. 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 (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. FORMAL AGREEMENT, BY CONSENT No. Bank, City Date Georgia 96-69 Fidelity National Bank, Norcross 11/14/96 CEASE AND DESIST ORDER, BY CONSENT No. Individual, Bank, City Date California 96-70 David Chow, First Central Bank, N.A., Cerritos 11/29/96 Maryland 96-71 Abel Holtz, Capital Bank, N.A., Rockville 12/19/96 Texas 96-77 Gerald Berry, First National Bank of Panhandle, Panhandle 12/17/96 CIVIL MONEY PENALTIES, BY CONSENT No. Individual, Bank, City Date California 96-72 George Lee, First Central Bank, N.A., Cerritos 12/17/96 96-73 Dr. Margin Lew, First Central Bank, N.A., Cerritos 12/18/96 Minnesota 96-74 Gary Schutz, First National Bank at Saint James, Saint James 12/9/96 REMOVAL/PROHIBITION, BY CONSENT No. Individual, Bank, City Date California 96-75 David Chow, First Central Bank, N.A., Cerritos 12/19/96 Texas 96-76 Kathryn S. Conner, NationsBank of Texas, N.A., Dallas 12/9/96 96-77 Gerald Berry, First National Bank of Panhandle, Panhandle 12/17/96 ORDER OF PROHIBITION, BY THE BOARD OF GOVERNORS FEDERAL RESERVE SYSTEM No. Individual, Bank, City Date Indiana 96-78 Donald E. Hedrick and John K. Snyder, Rushville National Bank, Rushville 9/11/96 # # # 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.