FDIC MAKES PUBLIC FEBRUARY 1994 ENFORCEMENT ACTIONS; PROVIDES LIST OF HEARINGS TO BE HELD IN APRIL
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 February of 1994. Three administrative
hearings are scheduled during April.
The FDIC processed a total of 27 final orders in February.
These included five cease-and-desist orders, one removal and
prohibition order, one voluntary termination of insurance, one
prompt corrective action, 16 terminations of cease-and-desist
orders, one order withdrawing notice of intent to issue supervisory
prompt corrective action directive, one order withdrawing notice of
intent to issue prompt corrective action directive ordering
dismissal, and one adjudicated decision.
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 the March hearing are attached.