FDIC MAKES PUBLIC SEPTEMBER ENFORCEMENT ACTIONS;
NO ADMINISTRATIVE HEARINGS SCHEDULED
FOR IMMEDIATE RELEASE PR-75-2000 (10-30-2000)
Media Contact: David Barr (202) 898-6992
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in September. No administrative hearings are scheduled for November.
The FDIC processed a total of ten orders in September. These included three cease-and-desist orders, six removal and prohibition orders and one termination of proceeding.
Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. (telephone (703) 562-2200 or 800-276-6003). The orders will also be made available on-line within a week of the issuance of this news release. To view the orders on-line, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.
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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b) (Cease-and-Desist Orders)
Peoples Community Bank, Columbia, AL; FDIC-00-094b; Issued 9/26/00
Dewey State Bank, Dewey, IL; FDIC-00-067b; Issued 9/19/00
The Findlay Savings Bank, Cincinnati, OH; FDIC-00-103c&b; Issued 9/12/00
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. § 1818(e) (Removal and Prohibition Orders)
Bank of Bourbonnais, Bourbonnais, IL; FDIC-97-96e; against Don E. St. Germaine, Jr.; Issued 9/27/00
Citizens State Bank of Cropsey, Cropsey, IL; FDIC-00-069e; against Daniel P. Henning; Issued 9/27/00
Palos Bank and Trust Company, Palos Heights, IL; FDIC-98-055e; against Jeffrey C. Scheiner; Issued 9/11/00
The Clarksburg Commercial Bank, Clarksburg, OH; FDIC-00-010e; against Randy Martin; Issued 9/27/00
Fort Gibson State Bank, Fort Gibson, OK; FDIC-00-083e; against Jeanine West; Issued 9/6/00
Blackhawk State Bank, Beloit, WI; FDIC-00-022e; against Kay M. Hansen; Issued 9/29/00
TERMINATION OF PROCEEDING
Bank of Bourbonnais, Bourbonnais, IL; FDIC-99-131k; Issued 9/27/00
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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 10,101 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 and may also be obtained through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200).