ALERT 95-40
Type:  Unauthorized Banking                   Subject:  Austria Merchant Bank

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 Administrators; District
     Counsel and Examining Personnel



RE:  Austria Merchant Bank (Melchizedek)
     316 Ecorse Road #200
     Ypsilanti, MI  49198


     Information has been received that the subject entity may be
     operating a banking business in the United States without
     authorization.  Further, the State of Michigan Financial
     Institutions Bureau has advised that the subject entity has
     not been granted permission to operate in Michigan.  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
     Director
     Enforcement & Compliance Division   
     Date: November 2, 1995