News Release 97-67 For: IMMEDIATE RELEASE Contact: Lynnette Carter-Warren (202) 874-4700 Date: July 16, 1997 OCC ANNOUNCES SEVEN NEW ENFORCEMENT ACTIONS AND ONE TERMINATION WASHINGTON, DC -- The Office of the Comptroller of the Currency today announced eight enforcement actions taken against national banks. The eight actions released today include: two formal agreements, one civil money penalty, four removals/prohibitions and one termination 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 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's Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division. FORMAL AGREEMENT, BY CONSENT No. Bank, City Date North Carolina 97-32 United National Bank, Fayetteville 6/11/97 Ohio 97-33 Morgan Bank, N.A., Hudson 5/30/97 CIVIL MONEY PENALTY , BY CONSENT No. Individual, Bank, City Date Pennsylvania 97-34 Raymond G. Weisbein, Metrobank of Philadelphia, N.A., Philadelphia 6/16/97 REMOVALS/PROHIBITIONS, BY CONSENT No. Individual, Bank, City Date California 97-35 Armenui Mkhitarian, Bank of America, NT & SA, San Francisco 5/22/97 97-36 Paula E. Munoz, Bank of America, N.A., San Francisco6/2/97 Pennsylvania 97-37 John M. Guarduci, First Union National Bank, Philadelphia 6/5/97 97-34 Raymond G. Weisbein, Metrobank of Philadelphia, N.A., Philadelphia 6/16/97 TERMINATION OF ENFORCEMENT ACTIONS No. Bank, City, Old EA# Date Ohio 97-38 Malta National Bank, Malta, #240 6/17/97 # # # The OCC charters, regulates and examines approximately 2,800 national banks and 66 federal branches and agencies of foreign banks in the U.S., accounting for more than half the nation's banking assets. Its mission is to ensure a safe, sound and competitive national banking system that supports the citizens, communities and economy of the United States.