Each depositor insured to at least $250,000 per insured bank



Home > Regulation & Examinations > Bank Examinations > FDIC Enforcement Decisions and Orders




FDIC Enforcement Decisions and Orders

ED&O Home | Search Form | Text Search | ED&O Help


{{10-31-00 p.92.2}}

   [10,018B] In the Matter of Ronald E. Bond, Margaret Bollinger, and Anna F. Griggs, American State Bank, Broken Bow, Oklahoma, Docket No. 89-82k (11-13-89)

   Respondents agree to pay civil money penalties assessed by the FDIC.

   In the Matter of
RONALD E. BOND, MARGARET BOLLINGER, AND
ANNA F. GRIGGS,
individually and/or as an executive officer and as a director of
AMERICAN STATE BANK
BROKEN BOW, OKLAHOMA
(Insured State Nonmember Bank)
AMENDED ORDER TO PAY

FDIC-89-82k

   The Federal Deposit Insurance Corporation ("FDIC") issued a NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTIES, FINDINGS OF FACT AND CONCLUSION OF LAW, ORDER TO PAY AND NOTICE OF HEARINGS ("NOTICE") to Ronald E. Bond, Margaret Bollinger and Anna F. Griggs (hereinafter collectively referred to as "Respondents"), on May 11, 1989, assessing civil money penalties against Respondents in the amounts of $5,000, $3,000 and $1,000 respectively.

   Following the issuance of the NOTICE, the Respondents and the FDIC executed a STIPULATION AND CONSENT TO THE ISSUANCE OF AN AMENDED ORDER TO PAY ("CONSENT AGREEMENT"), whereby the Respondents consented and agreed to pay civil money penalties in the amounts of $3,000, $2,000 and $1,000, respectively, to the Treasurer of the United States.

   After taking into account said CONSENT AGREEMENT, the appropriateness of the penalties with respect to the financial resources and good faith of the Respondents, the gravity of the violations by the Respondents, the history of previous violations by Respondents, and such other matters as justice requires, the FDIC issues the following:

AMENDED ORDER TO PAY

   IT IS ORDERED, that the ORDER TO PAY issued on May 11, 1989, to Respondents is hereby amended, and Ronald E. Bond shall be assessed and shall pay a civil money penalty in the amount of $3,000, Margaret Bollinger shall be assessed and shall pay a civil money penalty in the amount of $2,000 and Anna F. Griggs shall be assessed and shall pay a civil money in the amount of $1,000 to the Treasurer of the United States.

   Pursuant to delegated authority.

   Dated at Washington, D.C. this 13th day of November, 1989.

ED&O Home | Search Form | Text Search | ED&O Help

Last Updated 6/6/2003 legal@fdic.gov