ALERT 95-3
Type: Unauthorized Banking               Subject: Centennial Bank and Trust Co. Ltd.


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 Comptroller (Districts); District 
     Administrators; District Counsel and Examining Personnel


RE:  Offshore shell bank licenses issued by the Government of Montserrat, 
     West Indies


     This Office has been informed by the Government of Montserrat, West 
     Indies, that the license of the following bank was cancelled as of 
     December 21, 1994.

     Centennial Bank and Trust Co. Ltd.

     Please be guided accordingly.  Any information which you may have should 
     be forwarded to:


          Office of the Comptroller of the Currency
          Enforcement & Compliance Division
          250 E Street, S.W.
          Washington, DC  20219
          FAX (202) 874-5301





                                           
Daniel P. Stipano
Director
Enforcement & Compliance Division
Date: January 31, 1995