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Financial Institution Letter

Special Alert

November 20, 1998
Notes
 

TO: CHIEF EXECUTIVE OFFICER
SUBJECT: Entities That May Be Conducting Banking Operations in the United States Without Authorization

The Office of the Comptroller of the Currency has advised us that the following entity may be conducting banking business in the United States without authorization. Proposed transactions involving this entity should be viewed with extreme caution.

Western Credit Bank, L. L. C.
245 Winter Street, S. E.
Salem, Oregon

Please forward any information concerning this entity to the FDIC's Special Activities Section, 550 17th Street, NW, Room F-6012, Washington, DC 20429.

Nicholas J. Ketcha Jr.
Director


Distribution: Distribution: FDIC-Supervised Banks (Commercial and Savings)

Paper copies of FDIC financial institutions letters may be obtained through the FDIC's Public Information Center, 801 17th Street, NW, Room 100, Washington, DC 20434 (800-276-6003 or (703) 562-2200).


FIL-123-98

Last Updated: November 20, 1998