ALERT 96-23
Type: Unauthorized Banking                  Subject: Union National Bank Limited

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 all Examining Personnel


RE:  Union National Bank Limited
     Apia, Western Samoa

     Information has been received that the subject entity
     purportedly registered in Western Samoa may be conducting a
     banking business in the United States.  The government of
     Western Samoa has advised that no registration has been
     given to any entity named Union National Bank Limited.  The
     Office of the Comptroller of the Currency has not chartered
     this entity.  Further, the Union National Bank headquartered
     in Anita, Iowa, is not associated in any manner with the
     subject entity.

     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, DC  202l9
                    Fax (202) 874-5301





                                                            
     Daniel Stipano
     Director
     Enforcement & Compliance Division
     Date: July 25, 1996