Entities That May Be Conducting Banking Operations In the United States Without Authorization
The Office of the Comptroller of the Currency has published an updated list of entities that may be conducting banking business in the United States illegally or without authorization. Any proposed transactions involving any of the listed entities should be viewed with extreme caution.
The attached listing is an updated summary of entities identified in previous Financial Institution Letters on this subject. However, this listing does not contain the names of entities furnished by state or foreign governments. Therefore, you should retain for your records: FIL-17-91, dated April 23, 1991, containing a listing of bank licenses revoked by the Government of Montserrat; FIL-56-91, dated November 19, 1991, containing a listing of companies purporting to be banks, but that are not licensed as such by the government of Grenada; FIL-32-93, dated May 18, 1994, containing a list of entities that are not licensed chartered banks in Belize; FIL-65-94, dated October 7, 1994, containing a list of entities not licensed to conduct banking activities in the State of New York; and FIL-31-95: Financial Institution Letters: dated April 13, 1995, containing names of entities that may be operating in Canada in violation of the Bank Act (Canada) and may be conducting unauthorized banking transactions in the United States.
Please forward any information concerning the entities on the attached list to the FDIC's Special Activities Section, 550 17th Street, N. W., Room F-612, Washington, D. C. 20429.
Nicholas J. Ketcha Jr.
Distribution: FDIC-Supervised Banks (Commercial and Savings)
CURRENTLY OUTSTANDING LIST OF ENTITIES THAT MAY BE CONDUCTING BANKING OPERATIONS IN THE UNITED STATES WITHOUT AUTHORIZATION
Allied Bank Corporation Asian Pacific Bank, Ltd. 10 E. 40th Street, 44th Floor 8021 Knue Road New York, NY Suite 120 Indianapolis, IN (The) Alpha Ltd. Trust Company Ameritrust (1) Baltimore International Bank Franklin Trust Company (2) Baltimore, MD Yosemite National Trust Various Addresses used by Banco di Roma International, above include: Inc. P. O. Box 1228 110 Lyndale Avenue Groveland, CA Helena, MT 13075 Gamble Street and Groveland, CA 1005 West Fourth Street 17275 Corcoran Gray Road Carson City, NV Groveland, CA 307 Luinda Way Banco Europe, S. A. Modesto, CA 2010 Corporate Ridge McLean, VA American Federal Banking Association Bank of England (4) 67 Wall Street, 24th Floor 1413 K Street, N. W. New York, NY Washington, D. C.
American Landbank, Inc. Banka Bohemia, A. S. (5) 74804 Joni Drive, #128 Prague Palm Desert, CA Czech Republic and 19006 Consul Avenue, Barclay's Bank PLC (6) Corona, CA P. O. Box 1089 and Miami, FL 841 E. Washington Santa Anna, CA Bear International Bank and Santa Ysabel, CA 4199 Campus Drive, #950 Irvine, CA (The) Birla Investment Bank and Holding Company Ameritech Express (3) 193-B Kingston Road Vickers Enterprise Parsippany, NJ
Ameritrust (1) Brent Equities Trust Bank (See Alpha Ltd. Trust Company) 410 E. Hallandale Beach Blvd. Hallandale, FL Apache Tribe International Bank, Inc. Caribank 350 Newton #9 990 North Federal Highway Oakland, CA Pompano Beach, FL
Caribbean International Bank Ltd. (Cayman Islands) 655 Fourth Avenue, Suite 42 San Diego, CA
Caribbean Unified Bank (Nauru) (The) First Bank of 4770 Biscayne Blvd., #11100 Internet (7) Miami, FL P. O. Box 408652 and Chicago, IL 450 N. W. 79th Street Miami, FL Franklin Trust Company (2) (See Alpha Ltd. Trust Company) Century Security Bank and Trust, Ltd. General Merchant Bank Two Crocker Blvd., Suite 303 2049 Century Park East, #1200 Mount Clemens, MI Los Angeles, CA
Chartered Bank of London, Ltd. Georgian Imex (Grenada) International Bank 902 N. Market Street 1314 Burch Drive Wilmington, DE Evansville, IN
Commerce Bank of Antigua Gulfstream Bank and Trust, 18542 N. W. 67th Avenue Ltd. Miami, FL 4545 South Lake Drive Boynton Beach, FL Diskont Handel Bank Agency, Ltd. Interstate Trust Credit 6240 N. W. 173rd Street 19748 Vista Hermosa Drive Miami, FL Walnut, CA
Financial Services One Bancorp Investors International 53 Wall Street Bank, Ltd. New York, NY Empire State Building New York, NY First American Insurance and Banking Corporation J. P. Morgan Company, 350 Fifth Avenue Merchant Bankers (8) New York, NY 209 S. Fifth Street, and Third Floor 67 Wall Street Louisville, KY New York, New York Liberty Bank of the Republic First American International of Georgia Bank, Inc. 650 Fifth Avenue, #1530 P. O. Box 470 New York, NY Pawnee, Oklahoma and One Dag Hammarskjold Plaza First Bank Capitol New York, NY Partners, Inc. 2 Bourbon Street Lombard Bank, Ltd. (Vanuatu) Peabody, MA 1221 Brickell Avenue Miami, Florida
Mesa Grande Bank 7801 Mission Center Court, Suite 200 San Diego, CA
Mesa Grande International Bank Mesa Grande Star Route Santa Ysabel, CA
Miami International Bank Savings and Credit Miami, Oklahoma Bank of Kuwait 1901 Avenue of the Stars, Mount Calvary Fund (9) Suite 1774 P. O. Box 9580 Los Angeles, CA Warwick, RI Swiss Trade & Commerce Multibanc, Ltd. Trust, Ltd. (12) 2340 Trinity Mills Road Belize City, Belize Carrollton, TX Transcredit Security Bank Nationsinvest of Texas, N. A. Limited (TSB) BP6500 Nassau, Bahamas Houston, TX VCC International Native American Bank of Banking Group California 1775 E. Lincoln Avenue, #105 4969 East Clinton Ave., Anaheim, CA Suite 111 Fresno, CA Wellington Bank of Commerce (Nauru) Native Indian Bank 1800 South Harvard Street 1303 W. Petree Road Los Angeles, CA Anadarko, OK Western State Bank (13) Nevada First Bancorp 2300 Foothill Blvd. 1800 East Sahara, Suite #104 La Verne, CA Las Vegas, NV and 10880 Wilshire Blvd. O. M. B. W. D. McCall (9) Los Angeles, CA P. O. Box 954 and Waxahachie, TX 6306 Wilshire Blvd., #107 and Los Angeles, CA Victoria, TX White Buffalo Indian Bank Old Etonian Bank Limited (10) 341 Broadway John Williams Building San Diego, CA Apia, Western Samoa World Merchant Bancorp Pacific Investment and Finance 880 Third Avenue Banking Corporation (11) New York, NY Pacific Investment and Finance Corporation (11) Yosemite National Trust John Williams Building (See Alpha Ltd. Trust Company) Falealili Street Apia, Western Samoa
Paragon Bank and Trust, Inc. (Nauru) c/o Newport Credit Corp. 311 Granello Avenue Coral Gables, FL
Rusab Bank International Association P. O. Box 423265 San Francisco, CA
(1) Not associated with Ameritrust Texas, N. A., Two Embarcadero Center, Suite 1800, San Francisco, California, a licensed entity in the State of California.
(2) Not associated with Franklin Trust Company, 1800 Gateway Drive, San Mateo, California, a licensed entity in the State of California.
(3) Subject entity has issued instruments titled AMERITECH EXPRESS INSURANCE [sic] TRAVELERS CASH NEGOTIABLE AT CURRENT RATE OF THE CHASE MANHATTEN [sic] BANK OF NEW YORK FOR DOLLARS, POUNDS, PESOS, YEN. To date, banks which have accepted such instruments have been unable to effect collection. Entity is not associated in any manner with The Chase Manhattan Bank, N. A., multi-national bank headquartered in New York.
(4) Not associated with the Bank of England, Threadneedle Street, London, England.
(5) Has issued "prime bank" guarantees. The Central Bank of the Czech Republic has disavowed and voided such transactions.
(6) Barclays Bank PLC, a multi-national banking organization headquartered in London, U. K., reports that it does not have a banking office at the address indicated.
(7) Not associated with First Bank System, Inc., Minneapolis, Minnesota.
(8) Not associated with J. P. Morgan and Company, Inc., New York.
(9) Issues apparently worthless "certified money orders." No collected funds have been reported.
(10) Has issued CD's over $100 million to support transactions in the U. S. Has not been granted permission to operate in Western Samoa.
(11) The Government of Western Samoa has indicated these entities (same ownership) are not licensed banks. Illegal bank instruments may be in circulation.
(12) The Central Bank of Belize has issued a cease and desist order prohibiting this entity from conducting a banking business in Belize. Please be guided accordingly.
(13) Not associated with Western State Bank, Duarte, California.