ALERT 96-22
Type:   Suspicious Activity        Subject: Republic of Texas

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:  Republic of Texas

     Information has been received that certain individuals are
     attempting to establish a sovereign entity within the State
     of Texas.  Further, we are advised that appropriate action
     is being taken against these individuals by the Office of
     the Texas Attorney General.

     The Texas Bankers Association has issued a BANKERS ALERT;
     copy is attached.  Please be guided accordingly.
          
     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 16, 1996 

     Attachment 
(Attachment not available electronically)