Alert 1997-23| August 29, 1997

Unauthorized Banking: Dunbar National Bank of Maryland


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 Counsel and Examining Personnel

Information is being received that the subject entity is soliciting deposits on the Internet and offering credit card services. Further, the Office of the Comptroller of the Currency has not issued a bank charter to this 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 St., SW
Washington, DC 202l9
Fax (202) 874-5301

Daniel P. Stipano
Enforcement & Compliance Division