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


{{11-30-03 p.C-5429}}

   [11,921] In the Matter of Nebraska State Bank of Omaha, Omaha, Nebraska, Docket No. 02-002k (5-2-02).

   Respondent agrees to pay civil money penalty assessed by the FDIC in the amount of $2,000.

In the Matter of
NEBRASKA STATE BANK OF OMAHA,
OMAHA, NEBRASKA
(Insured State Nonmember Bank)
ORDER TO PAY CIVIL MONEY PENALTY

FDIC-02-002k

   Nebraska State Bank of Omaha, Omaha, Nebraska, ("Bank") has been advised of its 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 OF ASSESSMENT") issued by the Federal Deposit Insurance Corporation ("FDIC") detailing the violations for which a civil money penalty may be assessed against the Bank pursuant to section 8(i)(2) of the Federal Deposit Insurance Act ("Act"), 12 U.S.C. §1818(i)(2), section 305 of the Home Mortgage Disclosure Act ("HMDA"), 12 U.S.C. §2804, and section 203.6 of Regulation C of the Board of Governors of the Federal Reserve System, 12 C.F.R. §203.6, and has been further advised of the its right to a hearing on the charges pursuant to section 8(i) of the Act, 12 U.S.C. §1818(i), and the FDIC Rules of Practice and Procedure, 12 C.F.R. Part 308.

   Having waived those rights, the Bank entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF AN ORDER TO PAY CIVIL MONEY PENALTY ("CONSENT AGREEMENT") with a representative of the Legal Division of the FDIC, whereby the Bank, solely for the purpose of this proceeding and without admitting or denying any violations, Bank consented and agreed to pay a civil money penalty in the amount of $2,000.00, related to its inaccurate filing of application and loan data for calendar year 2000 required by HMDA.

   The FDIC considered the matter and determined it had reason to believe that the Bank has engaged or participated in violations of law or regulations for which a civil money penalty of $2,000.00 is appropriate to be assessed against the Bank pursuant to section 8(i)(2) of the Act, 12 U.S.C. §1818(i)(2).

ORDER TO PAY CIVIL MONEY PENALTY

   IT IS HEREBY ORDERED that the Bank be, and hereby is, assessed a civil money penalty in the amount of $2,000.00 pursuant to section 8(i)(2) of the Act, 12 U.S.C. §1818(i)(2), the receipt of which is hereby acknowledged.

   Pursuant to delegated authority.

   Dated at Washington, D.C., this 2nd day of May, 2002.

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

Last Updated 12/7/2003 legal@fdic.gov