News Release 2005-91 | September 16, 2005

OCC Announces 25 Enforcement Actions and Four Terminations

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today announced 25 new enforcement actions taken against national banks and individuals currently and formerly affiliated with national banks and four 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 http://apps.occ.gov/EnforcementActions.

Cease and Desist Orders, By Consent
No. Bank/City Date
Minnesota
2005-102 The First National Bank of Brewster, Brewster 08/25/05

Civil Money Penalty Orders, By Consent
No. Name/Bank/City Date
Colorado
2005-103 Mark L. Ray, Peoples National Bank Colorado, Colorado Springs 08/22/05
Florida
2005-104 Indian River National Bank, Vero Beach 08/22/05
Kentucky
2005-105 James W. Orrahood, Henderson National Bank, Henderson 08/24/05
Louisiana
2005-106 Charles D. Brown, Whitney National Bank, New Orleans 08/29/05
Minnesota
2005-107 John Fredrickson, The Lake Bank, National Association, Two Harbors 08/02/05
2005-108 Todd Haugen, The Lake Bank, National Association, Two Harbors 07/20/05
New York
2005-101 Arab Bank PLC, New York 08/17/05

Formal Agreements, By Consent
No. Bank/City Date
California
2005-109 Los Angeles National Bank, Buena Park 08/12/05
Florida
2005-110 Peoples National Bank, Niceville 06/30/05
Iowa
2005-111 The First National Bank of Rembrandt, Rembrandt 08/29/05

Personal Cease and Desists, By Consent
No. Name/Bank/City Date
Iowa
2005-112 Vaughan Haraldson, The First National Bank of Rembrandt, Rembrandt 08/29/05
Louisiana
2005-106 Charles D. Brown, Whitney National Bank, New Orleans 08/29/05

Removals/Prohibitions, By Consent
No. Name/Bank/City Date
Alabama
2005-113 William T. Harrison, Sr., First National Bank of Shelby County, Columbiana 09/02/05
2005-114 Helen Harrison Phillips, First National Bank of Shelby County, Columbiana 09/02/05
2005-115 Carol Harrison Smith, First National Bank of Shelby County, Columbiana 09/02/05
Arizona
2005-116 Yinzi Cai, NextBank, National Association, Phoenix 08/02/05
2005-117 John Hashman, NextBank, National Association, Phoenix 08/02/05
2005-118 Jerry Lent, NextBank, National Association, Phoenix 08/02/05
California
2005-119 Saul E. Cedillos, Union Bank of California, National Association, San Francisco 08/29/05
2005-120 Jose L. Heras, Union Bank of California, National Association, San Francisco 08/29/05
Kentucky
2005-105 James W. Orrahood, Henderson National Bank, He 08/24/05
Louisiana
2005-106 Charles D. Brown, Whitney National Bank, New Orleans 08/29/05
Texas
2005-121 Walter C. "Charlie" Cleveland, First National Bank, Lubbock 08/17/05

Restitutions, By Consent
No. Name/Bank/City Date
Kentucky
2005-105 James W. Orrahood, Henderson National Bank, Henderson 08/24/05

Terminations of Existing Enforcement Actions
No. Type/Bank/City/Old EA# Date
Florida
2005-122 FORMAL AGREEMENT, The First National Bank of Chelsea, Chelsea (EA #2002-74) 08/10/05
Nebraska
2005-123 CONSENT ORDER, Fullerton National Bank, Fullerton (EA #2004-121) 08/04/05
New York
2005-124 FORMAL AGREEMENT, The National Union Bank of Kinderhook, Kinderhook (EA #2003-123) 08/10/05
Utah
2005-125 FORMAL AGREEMENT, American Investment Bank, N.A., Salt Lake City (EA #2003-22) 09/06/05

For copies, please call (202) 874-5043.

Media Contact

OCC Public Affairs
(202) 874-5770