NR 98- 30 For: IMMEDIATE RELEASE Contact: Frank D. Vance, Jr. (202) 874-4700 Date: March 17, 1998 OCC ANNOUNCES 14 NEW ENFORCEMENT ACTIONS AND 6 TERMINATIONS WASHINGTON, DC --The Office of the Comptroller of the Currency today announced 20 enforcement actions taken against national banks. The 20 actions released today include: two formal agreements, five civil money penalties, one personal cease and desist order, one cease and desist order, one personal cease and desist order for restitution, four removals/prohibitions, and six terminations of existing enforcement actions. A list of enforcement actions previously disclosed and copies of the actual documents are available from the OCC's Communications Division by writing to: Comptroller of the Currency, Public Information Room (1-5), Washington, DC 20219. Requests made by facsimile transmission should to be sent to (202) 874-4448. Please include the identifying enforcement action number when placing an order. Enforcement actions are also listed monthly in OCC Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division. The OCC also maintains a searchable database of all public enforcment actions taken since August 1989 on its Internet Web Site located at http://www.occ.treas.gov. FORMAL AGREEMENT, BY CONSENT No. Bank/City Date Oklahoma 97-111 First National Bank in Pawhuska, Pawhuska 9/12/97 Texas 97-109 The National Bank of Madisonville, Madisonville 12/18/97 CIVIL MONEY PENALTIES, BY CONSENT No. Individual/Bank/City Date Colorado 97-92 Robert W. Lewis, Wells Fargo Bank, N.A., Denver 12/17/97 -more- -2- CIVIL MONEY PENALTIES (cont.) Kansas 97-108 Dale Swenson, Tri-County National Bank, Washington 7/30/97 Minnesota 97-104 John E. Herges, Stearns County National Bank, St. Cloud 12/30/97 97-105 Michael McNeil, Stearns County National Bank, St. Cloud 12/30/97 97-106 Norman Skalicky, Stearns County National Bank, St. Cloud 12/30/97 PERSONAL CEASE AND DESIST ORDER, BY CONSENT No. Individual/Bank/City Date Maryland 97-107 Martin Rozenblum, Capital Bank, N.A., Rockville 12/2/97 CEASE AND DESIST ORDER, BY CONSENT No. Individual/Bank/City Date Texas 97-98 First National Bank of Newton, Newton 8/25/97 PERSONAL CEASE AND DESIST ORDER FOR RESTITUTION, BY CONSENT No. Individual/Bank/City Date Colorado 97-92 Robert W. Lewis, Wells Fargo Bank, N.A., Denver 12/17/97 REMOVALS/PROHIBITIONS, BY CONSENT No. Individual/Bank/City Date California 97-97 Julie Nguyen, Bank of America, N.T. & S.A., San Francisco 8/25/97 Colorado 97-92 Robert W. Lewis, Wells Fargo Bank, N.A., Denver 12/17/97 Louisiana 97-90 Luther P. Palumbo, Jr., Progressive National Bank of DeSoto Parish, Mansfield 11/8/97 Oklahoma 97-89 Georganna Townsend, People's National Bank, Checotak 4/3/97 TERMINATION OF ENFORCEMENT ACTIONS No. Bank/City/Old EA# Date California 97-102 FORMAL AGREEMENT, Marathon National Bank, Los Angeles, #95-47 12/31/97 Indiana 97-95 SECURITIES ENFORCEMENT, NBD Bank, N.A., Indianapolis, #979 6/26/97 -more- -3- TERMINATIONS (cont.) Maryland 97-94 SECURITIES ENFORCEMENT, First National Bank of Maryland, Baltimore, #983 6/05/97 97-110 FORMAL AGREEMENT, Sequoia National Bank, Bethesda, #95-11 12/22/97 Missouri 97-96 SECURITIES ENFORCEMENT, UMB Bank, N.A., Kansas City, #988 7/18/97 Pennsylvania 97-93 SECURITIES ENFORCEMENT, Mellon Bank, N.A., Pittsburgh, #995 6/5/97 # # # # # The OCC charters, regulates and examines approximately 2,800 national banks and 66 federal branches of foreign banks in the U.S., accounting for more thank half the nation's banking assets. Its mission is to ensure a safe and sound and competitive national banking system that supports the citizens, communities and economy of the United States.