Press Release
Banking Department Issues Temporary Suspension Orders 
to Bronx Check Cashing Corporation and Uribea Realty Corporation

April 28, 2004

New York, NY: The New York State Banking Department issued a 90-day Suspension Order to Bronx Check Cashing Corp. of 143 West 72nd St.; also located at 101 East Burnside Ave., 1893-95 Andrews Ave. and 426 East 138th St., Bronx, New York, effective immediately.

The Department also issued a 90-day Suspension Order to Uribea Realty Corporation of 143 West 72nd St., New York, effective immediately.

Both licenses are suspended pending an investigation or hearing for the suspension or revocation of the licenses of Bronx Check Cashing Corp. and Uribea Realty Corporation.

Bronx Check Cashing Corp. has been licensed by the Banking Department since February 4, 2002 and Uribea Realty Corp. has been licensed by the Banking Department since October 1, 1996.

The New York State Banking Department is the regulator for all state-chartered banking institutions, including nine of the State's ten largest banks and 80 percent of the United States offices of international banking institutions. In addition, the Department licenses all of the State's mortgage bankers and brokers, check cashers, money transmitters and budget planners. The aggregate assets of the companies and institutions supervised by the Banking Department are more than $2 trillion.

A copy of each of the Orders is attached.