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FDIC Enforcement Decisions and Orders

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{{3-31-95 p.TC-302}}
   [15,954] Docket No. FDIC-92-191e (1-19-95)

In the Matter of
ROGER A. PETERSEN, individually
and as a director, person
participating in the conduct
of the affairs and/or institution-
affiliated party of;
BANK OF BELLEVUE
BELLEVUE, NEBRASKA;
TRI-COUNTY BANK & TRUST
BELLEVUE, NEBRASKA;
BOONE STATE BANK & TRUST CO.
BOONE, IOWA;
and
STANDARD STATE BANK & TRUST
CO.

INDEPENDENCE, MISSOURI
(Insured State Nonmember Bank)
ORDER DISMISSING PROCEEDING
AS TO RESPONDENT ROGER A.
PETERSEN ONLY

   It is hereby ordered that the pending removal and prohibition proceeding against Roger A. Petersen, Rick R. Sanders and Michael J. Walts initiated by the Federal Deposit Insurance Corporation on September 2, 1992, pursuant to section 8(e) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(e), be, and hereby is, dismissed with prejudice as to Respondent Roger A. Petersen only; provided, however, that the FDIC may consider the violations, unsafe or unsound practices, and breaches of fiduciary duty by Respondent Petersen alleged in the Notice of Intention to Remove from Office and Prohibit from Further Participation for purposes of any matter requiring the FDIC to take into account Respondent Petersen's competence, experience, character, integrity, and/or history of previous violations.
   Dated this 19th day of January, 1995.
   Pursuant to delegated authority.

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