Alert 1998-20| June 17, 1998
Unauthorized Banking: Commercial Banking Group Creditanstalt, A. G. et al
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); Assistant Deputy Comptrollers; District Counsel and Examining Personnel
The New York State Banking Department has issued a Special Bulletin Alert (attached) on the following entities operating a banking business in the United States without authorization:
Commercial Credit of New York, LLC; Holding Group
Commercial Credit of New York Holding Corp.;
Commercial Banking Group;
Commercial Bank, A. G. and
Creditanstalt A. G., 110 East 59th Street (6th Floor), New York, New York 10022
Further, Creditanstalt A G, Greenwich, Connecticut Branch, Two Greenwich Plaza, Greenwich, Connecticut, 06830, a legitimate bank, has advised that it is not affiliated in any manner with any of the above-mentioned entities.
Please be guided accordingly.
Daniel P. Stipano
Enforcement & Compliance Division