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FDIC Enforcement Decisions and Orders

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{{8-31-04 p.TC-457}

   [16,385] In the Matter of First American Bank, Carpentersville, Illinois, Docket No. 03-190b (5-19-04).

In the Matter of
FIRST AMERICAN BANK
CARPENTERSVILLE, ILLINOIS
(Insured State Nonmember Bank)
ORDER TERMINATING ORDER TO CEASE AND DESIST

FDIC-03-190b
OBRE No. 2003-BBTC-86

   The Federal Deposit Insurance Corporation ("FDIC") and the State of Illinois, Office of Banks and Real Estate ("OBRE") hereby issue this ORDER TERMINATING ORDER TO CEASE AND DESIST, terminating all provisions of the Order to Cease and Desist jointly entered on December 9, 2003 against First American Bank, Carpentersville, Illinois ("Bank") pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(b), and section 48(6) of the Illinois Banking act, 205 ILCS 5/48(6).

   IT IS HEREBY ORDERED, that the Order to Cease and Desist entered against the Bank on December 9, 2003 be, and hereby is, terminated.

   Pursuant to delegated authority.

   Dated this 19th day of May, 2004.

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Last Updated 10/3/2004 legal@fdic.gov