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FDIC Enforcement Decisions and Orders



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{{06-30-05 p.16419.1}}

[16,419] In the Matter of Charles Kushner, NorCrown Bank, Livingston, New Jersey, Docket No. 04-167g (4-20-05).

In the Matter of
CHARLES KUSHNER, individually and as an institution-affiliated party of
NORCROWN BANK
LIVINGSTON, NEW JERSEY
(Insured State Nonmember Bank)
ORDER TERMINATING ORDER OF SUSPENSION AND PROHIBITION

FDIC-04-167g

IT IS HEREBY ORDERED, that the Order of Suspension From Office and Prohibition From Further Participation and Notice of Hearing issued on August 6, 2004 pursuant to section 8(g) of the Federal Deposit Insurance Act ("Act"), 12 U.S.C. §1818(g), suspending Charles Kushner ("Respondent") from office and prohibiting Respondent from further participation in the conduct of the affairs of NorCrown Bank, Livingston, New Jersey and any other insured depository institution, agency or organization enumerated in section 8(e)(7) of the Act, 12 U.S.C. §1818(e)(7), without the prior written consent of the FDIC and any other appropriate Federal financial institutions regulatory agency, be, and hereby is, terminated.

Dated at Washington, D.C. this 20th day of April, 2005.



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Last Updated 9/25/2005 legal@fdic.gov