NR 99-27 FOR IMMEDIATE RELEASE Contact: Frank D. Vance, Jr. March 24, 1999 (202) 874-4700 OCC ANNOUNCES SEVEN NEW ENFORCEMENT ACTIONS, AND TWO TERMINATIONS OF EXISTING ACTIONS WASHINGTON, DC --The Office of the Comptroller of the Currency (OCC) today announced seven new enforcement actions taken against national banks, and two terminations of existing actions. The actions released today include two formal agreements, one cease and desist order, one civil money penalty, three removals, and two terminations of existing orders. 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 Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division. The OCC also maintains a searchable database of all public enforcement actions taken since August 1989 on its Internet Web site located at http://www.occ.treas.gov/enforce.htm. FORMAL AGREEMENT, BY CONSENT No. Bank/City Date Alabama 99-6 Citizens National Bank, Valley 1/28/99 Ohio 99-7 Home National Bank, Racine 1/29/99 CEASE AND DESIST ORDER, BY CONSENT No. Individual/Bank/City Date California 99-13 First Central Bank, N.A., Cerritos 2/12/99 CIVIL MONEY PENALTY, BY CONSENT No. Individual/Bank/City Date California 99-13 First Central Bank, N.A., Cerritos 2/12/99 REMOVALS, BY CONSENT No. Individual/Bank/City Date Alabama 99-8 Anna Champaigne, SouthTrust Bank, N.A., Birmingham 2/18/99 Texas 99-9 Irene Escamilla Favela, Bank of America Texas, N.A., Irving 3/5/99 99-10 Cody Jones, Norwest Bank, Texas, N.A., San Antonio 2/12/99 TERMINATIONS OF EXISTING ENFORCEMENT ACTIONS No. Individual/Bank/City/Old EA Number Date Colorado 99-11 Peak National Bank, Nederland 1/19/99 [Terminates Formal Agreement #99-1, 1/19/99] Florida 99-12 Guaranty National Bank of Tallahassee, Tallahassee 2/10/99 [Terminates Formal Agreement #96-27, 3/7/96] # # # The OCC charters, regulates and examines approximately 2,600 national banks and 66 federal branches and agencies of foreign banks in the United States, accounting for 58 percent of 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