News Release 1998-117 | November 27, 1998

OCC Announces Four New Enforcement Actions And Two Terminations

WASHINGTON, DC — The Office of the Comptroller of the Currency today announced four new enforcement actions taken against bankers and national banks and two terminations. The actions released today include one formal agreement, two cease and desist orders, one order for restitution and two terminations 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 Interpretations and Actions. Subscriptions to that publication are available from the OCC's Communications Division.

The OCC also maintains a searchable database of all public enforcement actions taken since August 1989 on its Internet Website located at

Formal Agreement, by Consent
No. Bank/City Date
98-60 Community National Bank, Franklin 09/30/98

Cease and Desist Order, by Consent
No. Bank/City Date
98-61 Duncanville National Bank, Duncanville 01/22/98
98-62 East Texas National Bank, Marshall 08/25/98
Restitution, by Order of the Acting Comptroller
No. Individual/Bank/City Date
98-63 Elena Espiritu, Bank of America, NT &SA, San Francisco 06/16/98

Termination of Existing Enforcement Actions
No. Individual/Bank/City/Old EA# Date
98-65 CDO, First Central Bank, N.A., Cerritos, (EA #97-8) 01/22/98
98-64 FA, American Independent Bank, N.A., Gardena, (EA #98-48) 10/01/98

Media Contact

Frank D. Vance, Jr.
(202) 649-6870