ALERT 97-30
Type: Unauthorized Banking    Subject:  First Zurich National         

TO:  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
      

RE:  First Zurich National
     P.O. Box 20290
     Cheyenne, Wyoming  82003-7007

Information has been received that the subject entity may be
operating a banking business in the United States without
authorization.  Further, the Wyoming Division of Banking advised
that the subject entity has not been granted permission to
conduct banking in Wyoming.

Any information which you may have concerning this matter should
be brought to the 
attention of:

                    Office of the Comptroller of the Currency
                    Enforcement and Compliance Division
                    250 E Street, SW
                    Washington, DC  202l9
                    Fax (202) 874-5301


                                       
Daniel P. Stipano
Director
Enforcement & Compliance Division                                 
Date: November 18, 1997