ALERT 95-28
Type: Unauthorized Banking      Subject: FTN BANK/FIRST T NATIONAL BANK
                                         FTN BANK HOLDING CORPORATION

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 Administrators; 
     District Counsel and Examining Personnel

RE:  FTN BANK/FIRST T NATIONAL BANK
     FTN BANK HOLDING CORPORATION
     Post Office Box 439060
     San Diego, California
             and
     3500 Oak Lawn Avenue
     Dallas, Texas

     Information has been received that the subject entity may be operating a 
     banking business in the United States without authorization.  Further, 
     the State of California Banking Department has advised that the subject 
     entity has not been granted permission to operate in California and the 
     Texas State Banking Board has advised that the subject entity has not 
     been granted permission to operate in Texas.

     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, S.W.
                    Washington, D.C.  202l9
                    Fax (202) 874-5301


                                      
     Daniel P. Stipano
     Director
     Enforcement & Compliance Division   
     Date: July 14, 1995