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



{{12-31-91 p.C-983}}
   [10,221] In the Matter of Robert E. Grey, Docket No. FDIC-89-150k (4-19-91).

   Respondent agrees to pay civil money penalty of $1,000.

In the Matter of
ROBERT E. GREY, individually and
as
director or former director of
CITYWIDE BANK OF
NORTHGLENN

NORTHGLENN, COLORADO
(Insured State Nonmember Bank)
AMENDED ORDER TO PAY

   The Federal Deposit Insurance Corporation ("FDIC") issued a NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTIES, FINDINGS OF FACT, CONCLUSIONS OF LAW, ORDER TO PAY, AND NOTICE OF HEARING ("NOTICE") to Robert E. Grey ("Respondent"), on October 12, 1989, assessing a civil money pen- {{12-31-91 p.C-984}}alty against Respondent in the amount of $5,000.
   Following the issuance of the NOTICE, the Respondent and the FDIC executed a STIPULATION AND CONSENT TO THE ISSUANCE OF AN AMENDED ORDER TO PAY ("CONSENT AGREEMENT"), whereby the Respondent, solely for the purpose of this proceeding and without admitting any violation of law or regulation alleged in the NOTICE, consented and agreed to pay a civil money penalty in the amount of $1,000, to the Treasurer of the United States.
   After, taking into account said CONSENT AGREEMENT, the appropriateness of the penalty with respect to the financial resources and good faith of the Respondent, the gravity of the violations by the Respondent, the history of previous violations by Respondent, and such other matters as justice required, the FDIC issued the following:

AMENDED ORDER TO PAY

   IT IS ORDERED, that the ORDER TO PAY issued on October 12, 1989, to Respondent is hereby amended, and Robert E. Grey shall be assessed and shall pay a civil money penalty in the amount of $1,000, to the Treasurer of the United States.
   Pursuant to the delegated authority.
   Dated at Washington, D.C. this 19 day of April, 1991.

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

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