Alert 1996-23 | July 25, 1996

Unauthorized Banking: Union National Bank Limited

To

Chief Executive Officers of all National Banks; all State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); District Administrators; District Counsel and all Examining Personnel

Information has been received that the subject entity purportedly registered in Western Samoa may be conducting a banking business in the United States. The government of Western Samoa has advised that no registration has been given to any entity named Union National Bank Limited. The Office of the Comptroller of the Currency has not chartered this entity. Further, the Union National Bank headquartered in Anita, Iowa, is not associated in any manner with the subject entity.

Any information which you may have concerning this matter should be brought to the attention of:

Office of the Comptroller of the Currency
Enforcement & Compliance Division
250 E Street, S.W.
Washington, DC 202l9
Fax (202) 874-5301

Daniel Stipano
Director
Enforcement & Compliance Division

Topic(s):

Unauthorized Banking