OCC 96 - 40
Subject:  Notice of Important Litigation            Description: Message to Bankers


TO:  Chief Executive Officers of all National Banks, Department
     and Division Heads, and all Examining Personnel


National banks are occasionally involved in private litigation on
issues of importance to the entire industry.  Given sufficient
forewarning, the OCC may be able to play a role in the
litigation.

Accordingly, national bank examiners will ask bank management
during examinations whether the bank is involved in lawsuits that
raise significant legal or policy issues within the scope of the
OCC's supervisory responsibility, such as the proper
interpretation of federal banking laws.  Between examinations,
the bank is requested to bring such litigation to the attention
of the OCC's District counsel or the legal staff in Washington,
D.C.

For further information, please contact L. Robert Griffin,
director, Litigation Division, 
(202) 874-5280.



_____________________________
Julie L. Williams
Chief Counsel
Date: July 29, 1996