Alert 1995-26| June 29, 1995

Unauthorized Banking: Metro Bank


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

Information has been received that the subject entity may be operating a banking business at the above address without authorization. The State of California Banking Department has advised that the subject entity has not been granted permission to operate in California. Metrobank (one word), headquartered in Los Angeles, is licensed to transact a banking business in California. Metrobank has no association with the Metro Bank in Mission Hills.

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
Enforcement & Compliance Division