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FDIC Enforcement Decisions and Orders

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   [10,904A] In the Matter of A. Paul Tomko, Bank of Westminster, Westminster, California, Docket No. FDIC-93-218k (11-17-93)

   Respondent agrees to pay civil money penalty assessed by FDIC.
In the Matter of
A. PAUL TOMKO, individually, and as
an institution-affiliated party of
BANK OF WESTMINSTER
WESTMINSTER, CALIFONRIA
(Insured State Nonmember Bank)
ORDER TO PAY
CIVIL MONEY PENALTY

FDIC-93-218k

   A. Paul Tomko ("Respondent") has been advised of the right to receive a NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTY, FINDINGS OF FACT AND CONCLUSIONS OF LAW, ORDER TO PAY, AND NOTICE OF HEARING ("NOTICE") detailing the violations for which a civil money penalty may be assessed against Respondent pursuant to section 8(i)(2) of the Federal Deposit Insurance Act ("Act"), {{2-28-94 p.C-3516.1}}12 U.S.C. § 1818(i)(2) and has been further advised of the right to a hearing on the alleged charges under section 8(i) of the Act, 12 U.S.C. § 1818(i), and the FDIC's Rules of Practice and Procedure, 12 C.F.R. Part 308. Having waived those rights, the Respondent entered into a STIPULATION AND CONSENT ORDER TO PAY CIVIL MONEY PENALTY ("AGREEMENT") with a representative of the Legal Division of the FDIC, whereby solely for the purpose of this proceeding and without admitting or denying any violations, Respondent consented and agreed to pay a civil money penalty in the amount of $10,000.00. The FDIC considered the matter and determined it had reason to believe that the Respondent has engaged or participated in violations as an institution-affiliated party of the Bank.
   After taking into account said 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, and other such matters as justice requires, the FDIC issues the following:

ORDER TO PAY
CIVIL MONEY PENALTY

   A civil money penalty is hereby assessed against A. Paul Tomko in the amount of $10,000.00 pursuant tosection 8(i)(2) of the Act, 12 U.S.C. § 1818(i)(2).
   Dated at Washington, D.C., this 17th day of November, 1993.
   Pursuant to delegated authority.

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