Alert 2000-5 | March 29, 2000

Unauthorized Banking: Digital Commerce Bank, Ltd (Kuiu Thlingit Nation)

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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel

Information has been received that the subject is transacting bank depository business in the United States without authorization. The subject is reported to have a bank charter issued by an entity known as the Kuiu Thlingit Nation, a non-recognized jurisdiction of indeterminate origin. The chartering jurisdiction claims to be a tribe of people native to the state of Alaska. The tribe is not recognized by the Bureau of Indian Affairs nor the state of Alaska.

Subject entity has no license or charter from the Office of the Comptroller of the Currency, nor the state of Alaska. The address in Bridgetown, Barbados, is stated to be the location of its principal office.

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

Mail:	Office of the Comptroller of the Currency Enforcement & Compliance Division, 250 E Street, SW, Washington, DC 20219
Fax:	(202) 874-5301
Internet:	http://www.occ.treas.gov
Email:	alertresponses@occ.treas.gov

Daniel P. Stipano
Director Enforcement & Compliance Division

Topic(s):

Unauthorized Banking