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The Office of the Comptroller of the Currency has notified the Federal Deposit Insurance Corporation (FDIC) that the Financial Institutions Commission, Republic of Palau, revoked the banking license of Pacific Savings Bank, Ltd., and placed the bank into receivership on November 7, 2006. Mr. Kaleb Udui, Jr. was appointed as the receiver for the bank. Pacific Savings Bank, Ltd., had an address of NECO Plaza, P.O. Box 399, Koror, Republic of Palau 96940.
Any information or questions concerning this matter should be brought to the attention of the Financial Institutions Commission at:
Additional information concerning this matter may be brought to the attention of the OCC at:
Information about counterfeit items, cyber-fraud incidents and other fraudulent activity may be forwarded to the FDIC's Cyber-Fraud and Financial Crimes Section, 550 17th Street, N.W., Room F-4004, Washington, D.C. 20429, or transmitted electronically to firstname.lastname@example.org.
Information related to federal deposit insurance or consumer issues should be submitted to the FDIC using an online form that can be accessed at http://www2.fdic.gov/starsmail/index.asp.
For your reference, FDIC Special Alerts may be accessed from the FDIC's website at http://www.fdic.gov/news/news/SpecialAlert/2006/index.html. To learn how to automatically receive FDIC Special Alerts through e-mail, please visit www.fdic.gov/about/subscriptions/index.html.
Distribution: FDIC-Supervised Banks (Commercial and Savings)
NOTE: Paper copies of FDIC Special Alerts may be obtained through the FDIC's Public Information Center (1-877-275-3342).
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