ALERT 98-25
Type: Unauthorized Banking
Subject: Credit Bank International Company, (Melchizedek)
Date: August 10, 1998

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); Assistant Deputy Comptrollers;
     District Counsel and Examining Personnel



RE:  Credit Bank International Company, (Melchizedek)
     1730 K St., NW, #304
     Washington, D.C.   20006

Information has been received that the subject entity may be
operating a banking business in the United States without
authorization.  Further, no authorization has been given to the
subject entity to operate in the District of Columbia.

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, SW
                         Washington, DC   20219
                         Fax (202) 874-5301 




                                         
Daniel P. Stipano
Director
Enforcement & Compliance Division