|
The Federal Deposit Insurance Corporation today released a
list of orders of administrative enforcement actions taken against
banks and individuals in October of 1996. One administrative
hearing is scheduled during December.
The FDIC processed a total of 20 orders in October. These
included two cease-and-desist orders, nine call report penalties,
seven terminations of cease-and-desist orders, one termination of a
proceeding against an individual and one adjudicated decision.
Copies of the orders referred to above can be obtained from
or inspected at the Public Information Center, FDIC, 801 17th
Street, N.W., Room 100, Washington, D.C. (telephone (703) 562-2200 or
(800) 276-6003 or Fax (703) 562-2296). A list of the orders made
public today and details about the December hearing are attached.
* * * * * * * * * *
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12
U.S.C. 1818(b)
(Cease-and-Desist Orders)
First American Bank, Jackson, MS; FDIC-96-138b; Issued
10/15/96
Citizens State Bank, Roma, TX; FDIC-96-137b; Issued 10/3/96
FINAL ORDERS ISSUED PURSUANT TO SECTION 7(a), 12
U.S.C. 1817(a)
(Call Report Penalties)
The Estes Park Bank, Estes Park, CO; CR-96-9503-002; Issued
10/23/96
The Simsbury Bank & Trust Company, Simsbury, CT; CR-96-9503-004;
Issued 10/10/96
Community Bank of Utica, Utica, IL; CR-96-9503-006; Issued
10/23/96
Star Financial Bank, Indianapolis, Indianapolis, IN; CR-96-9503-007;
Issued 10/23/96
The Bank of Mountain View, Mountain View, MO; CR-96-9503-009;
Issued 10/23/96
Mutual Community Savings Bank, SSB, Durham, NC; CR-96-9503-001;
CR-96-9504-038; CR-96-9601-030; Issued 10/23/96
First State Bank of Golva, Golva, ND; CR-96-9503-011; Issued
10/23/96
Citizens Bank, Gainesboro, TN; CR-96-9503-012; Issued 10/23/96
American Community Bank, Wausau, WI; CR-96-9503-015; Issued
10/23/96
TERMINATIONS
Terminations of Cease-and-Desist Orders
First Mountain Bank, Big Bear Lake, CA; FDIC-94-182b; Issued
10/23/96
Lippo Bank, Los Angeles, CA; FDIC-90-257b; Issued 10/10/96
Fairfield First Bank and Trust Company, Fairfield, CT; FDIC-91-205b;
Issued 10/9/96
Prime Bank, Orange, CT; FDIC-93-223b; Issued 10/18/96
Bay Bank & Trust Co., Panama City, FL; FDIC-92-313b; Issued
10/15/96
Bay Bank & Trust Co., Panama City, FL; FDIC-93-220b; Issued
10/15/96
Maywood-Proviso State Bank, Maywood, IL; FDIC-95-104b;
Issued 10/29/96
Termination of proceeding against Joseph A. Dazzio
Metropolitan Bank & Trust Company, Baton Rouge, LA; FDIC-87-71k;
against Joseph A. Dazzio; Issued 10/29/96
ADJUDICATED DECISION
Lyndonville Savings Bank and Trust Company, Lyndonville, VT;
FDIC-94-204g; Decision and Order against Roger R. Lussier;
Issued 10/8/96
* * * ADMINISTRATIVE HEARINGS SCHEDULED FOR
DECEMBER * * *
First State Bank of Purdy, Purdy, MO; FDIC-94-141k; Civil
Money Penalty Proceeding
Date: December 9-20, 1996
Location: To be determined
FDIC contact: Steve Stiller, Senior Regional Counsel
J. Michael Gillaspie, Counsel (Sr. Litigator)
# # #
Congress created the Federal Deposit Insurance Corporation in 1933 to
restore public confidence in the nation's banking system. The FDIC
insures deposits at the nation's 11, 670 banks and savings associations,
and it promotes the safety and soundness of these institutions by
identifying, monitoring and addressing risks to which they are exposed.
FDIC press releases and other information are available on the Internet
via the World Wide Web at www.fdic.gov or through Gopher at gopher.fdic.gov.
|
