FDIC MAKES PUBLIC DECEMBER 1993 ENFORCEMENT ACTIONS; PROVIDES LIST OF HEARINGS TO BE HELD IN FEBRUARY
FOR IMMEDIATE RELEASE
David Barr (202) 898-6992
The Federal Deposit Insurance Corporation today released a
list of orders of administrative enforcement actions taken against
banks and individuals in December of 1993. Also released today is
a list of administrative hearings scheduled during February 1994.
The FDIC processed a total of 44 final orders in December.
These included three cease-and-desist orders, six call report
penalties, seven removal and prohibition orders, one temporary
suspension order, two civil money penalties, two terminations of
deposit insurance, one modification of a removal and prohibition
order, and one modification of a cease-and-desist order. Also, 16
terminations of cease-and-desist orders, one termination of a civil
money penalty, one order terminating an order of investigation, one
order dismissing a respondent in a removal and prohibition
proceeding, and two adjudicated decisions. One hearing is
scheduled for February 1994.
Copies of the orders referenced above can be obtained upon
written request to the Office of Corporate Communications, FDIC 550
17th Street, NW, Washington DC 20429 (or FAX 202/898-8565); or by
inspection Monday through Friday in the FDIC's Reading Room, Room
7118, at the 17th Street location. A list of the orders made
public today and details about February hearing are attached.
* * * * * * * * * *
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. # 1818(b)
Connecticut Bank of Commerce, Woodbridge, CT; FDIC-93-253b; Issued
City Co-operative Bank, Holyoke, MA; FDIC-93-252b; Issued 12/29/93
Bank of Woodstock, Woodstock, VT; FDIC-93-249b; Issued 12/20/93
FINAL ORDERS ISSUED PURSUANT TO SECTION 7(a), 12 U.S.C. # 1817(a)
(Call Report Penalties)
Bank of Cripple Creek, Cripple Creek, CO; CR-93-9302-39; Issued