ALERT 97-26
Type:   Unauthorized Banking       Subject:  Chase Bank of Las
                                             Vegas, Nevada 

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 Counsel and Examining
     Personnel


RE:  Chase Bank of Las Vegas, Nevada
     C.I.A. of Las Vegas
     7624 San Mateo Way, Suite H206
     Las Vegas, Nevada 89123

Information has been received that the subject entity may be
operating a banking business in the United States without
authorization.  Further, the Nevada Financial Institution
Division has advised that the subject entity has not been granted
permission to operate in Nevada and has issued a Cease and Desist
Order.   

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, SW
                    Washington, DC  202l9
                    Fax (202) 874-5301



                                       
Daniel P. Stipano
Director
Enforcement & Compliance Division                                 
   
Date: September 24, 1997