Attached is a copy of the Department of the Treasury's FinCEN Notice 97-1,
published by the Department's Financial Crimes Enforcement Network (FinCEN).
Each FinCEN Notice is designed to assist financial institutions stay abreast
of Bank Secrecy Act compliance issues.
In a continuing effort to assist banks in Bank Secrecy Act compliance and
anti-money laundering efforts, the Federal Deposit Insurance Corporation
(FDIC) will forward each FinCEN Notice to FDIC-supervised banks. Please
circulate copies to each department of your institution with Bank Secrecy Act
Comments about the FinCEN Notice should be addressed to the Financial Crimes
Enforcement Network, U.S. Department of the Treasury, 2070 Chain Bridge Road,
Suite 200, Vienna, VA 22182. Comments also may be faxed to FinCEN at (703)
Distribution: FDIC-Supervised Banks (Commercial and Savings)
Note: Paper copies of FDIC financial institution letters may be obtained
through the FDIC's Public Information Center, 801 17th Street, N.W., Room
100, Washington, D.C. 20434 ((703) 562-2200 or 800-276-6003).