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FDIC Makes Public July Enforcement Actions; No Administrative Hearings are Scheduled for September
 
 
FOR IMMEDIATE RELEASE
August 29, 2008
Media Contact:
LaJuan Williams-Dickerson
(202) 898-3876 (office)

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in July. No administrative hearings are scheduled.

The FDIC processed a total of 25 orders in July. These included five cease and desist orders; one temporary cease-and-desist order; six removal and prohibition orders; ten civil money penalties; and three orders to terminate an order to cease-and-desist.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

* * * * * * * * * * *

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. 1818(b)
(Cease-and-Desist)

Timberland Bank, El Dorado, AR; FDIC-08-145b; Issued 7/31/08 (PDF Help)

Meridian Bank, Eldred, IL; FDIC-08-121b; Issued 7/15/08 (PDF Help)

The Columbian Bank and Trust Company, Topeka, KS; FDIC-08-085b; Issued 7/15/08 (PDF Help)

Bank of the Bluegrass and Trust Company, Lexington, KY; FDIC-08-061b; Issued 7/8/08 (PDF Help)

Main Street Bank, Northville, MI; FDIC-08-116b; Issued 7/22/08 (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(c), 12 U.S.C. 1818(c)
(Temporary Cease-and-Desist Order)

First Bank of Delaware, Wilmington, DE; FDIC-08-151c&b; Issued 7/3/08 (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. 1818(e)
(Removal and Prohibition Orders)

Bank VI, Salina, KS; FDIC-07-242e; against Katherine Bohorquez; Issued 7/17/08 (PDF Help)

Citizens Bank, Mount Vernon, KY; FDIC-06-167e; against Kelly D. Bullock; Issued 7/17/08 (PDF Help)

Farmers State Bank, Fairmont, NE; FDIC-07-253e; against Bobby L. Hoeft, Jr.; Issued 7/17/08 (PDF Help)

North Fork Bank, Mattituck, NY; n/k/a Capital One, National Association; McLean, VA; FDIC-08-010e; against Elizabeth Reilly; Issued 7/17/08 (PDF Help)

Whitesville State Bank, Whitesville, WV; FDIC-08-070e; against Karyn L. Burton; Issued 7/1708 (PDF Help)

Fortress Bank, Westby, WI; now merged into Lincoln State Bank, Milwaukee, WI; FDIC-07-125e; against Dale M. Pedretti; Issued 7/17/08 (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 18(h), 12 U.S.C. 1828(h)
(Civil Money Penalty)

Wells Fargo Bank, National Association, Sioux Falls, SD; FDIC-08-112OA; in the amount of $5,357.04; Issued 7/18/08 (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)

(Civil Money Penalties)

Bank of Moundville, Moundville, AL; FDIC-08-094k; in the amount of $1,050.00; Issued 7/14/08 (PDF Help)

Gainesville Bank & Trust, Gainesville, GA; FDIC-08-090k; in the amount of $4,200.00; Issued 7/29/08 (PDF Help)

Community State Bank, Spencer, IA; FDIC-08-115k; in the amount of $3,400.00; Issued 7/7/08 (PDF Help)

The Western State Bank, Garden City, KS; FDIC-08-051k; in the amount of $5,150.00; Issued 7/7/08 (PDF Help)

First Security Trust Bank, Inc., Florence, KY; FDIC-07-250k; in the amount of $1,750.00; Issued 7/29/08 (PDF Help)

Bridgewater Bank, Bloomington, MN; FDIC-08-050k; in the amount of $8,085.00; Issued 7/21/08 (PDF Help)

Security State Bank, Ansley, NE; FDIC-08-047k; in the amount of $8,000.00; Issued 7/7/08 (PDF Help)

United Valley Bank, Cavalier, ND; FDIC-08-129k; in the amount of $4,800.00; Issued 7/18/08 (PDF Help)

Bank of Prairie Du Sac, Prairie Du Sac, WI; FDIC-07-182k; in the amount of $3,900.00; Issued 7/14/08 (PDF Help)

TERMINATIONS

Order Terminating an Order to Cease and Desist

First Community Bank, Vanceburg, KY; FDIC-07-090b; Issued 7/25/08 (PDF Help)

State Bank of Belle Plaine, Belle Plaine, MN; FDIC-04-208b; Issued 7/17/08 (PDF Help)

American Bank and Trust Company, Tulsa, OK; FDIC-07-109b; Issued 7/24/08 - PDF (PDF Help)

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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 8,451 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. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-72-2008




Last Updated 8/29/2008 communications@fdic.gov