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The Federal Deposit Insurance Corporation today released a
list of orders of administrative enforcement actions taken against
banks and individuals in April. Two administrative hearings are
scheduled during June.
The FDIC processed a total of eight orders in April. These
included one cease-and-desist order, three removal and prohibition
orders, one civil money penalty, one termination of deposit insurance,
one voluntary termination of deposit insurance and one termination of
a cease-and-desist order.
Copies of the orders referred to above can be obtained from or
inspected at the FDIC's Public Information Center, 801 17th Street,
N.W., Room 100, Washington, D.C. (Telephone (703) 562-2200 or
800-276-6003, or fax (703) 562-2296). A list or the orders made public
today and details about the June hearings are attached.
* * * * * * * * * *
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. §1818(b)
(Cease-and-Desist)
Allendale County Bank, Fairfax, SC; FDIC-96-092b; Issued 4/15/97
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. §1818(e)
(Removal and Prohibition Orders)
St. James Bank & Trust Company, Lutcher, LA; FDIC-96-182e;
against Van J. Zeringue; Issued 4/4/97
National Bank of Greece, S.A., Boston, MA; FDIC-96-085e; against
Aglaia Alice Andrews; Issued 4/4/97
National Bank of Greece, S.A., Boston, MA; FDIC-96-122e; against
Triantafilos Theoharis; Issued 4/4/97
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalty)
Midland Bank, Lees Summit, MO; FDIC-96-156k; against Michael R.
White; Issued 4/2/97
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(p), 12 U.S.C. § 1818(p)
(Termination of Insurance)
River Bank America, New York, NY; FDIC-97-008p; Issued 4/14/97
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(q), 12 U.S.C. § 1818(q)
(Voluntary Termination of Insurance)
Bank Hapoalim B.M., Los Angeles, CA; FDIC-97-4q; Issued 4/28/97
TERMINATION OF CEASE-AND-DESIST ORDER
Sun Country Bank, Apple Valley, CA; FDIC-95-63b; Issued 4/22/97
* * *ADMINISTRATIVE HEARINGS SCHEDULED FOR JUNE 1997* * *
Community First State Bank (formerly The Abbott Bank) Alliance,
NE; FDIC-95-187k and FDIC-94-167e, Civil Money Penalty and
Section 8(e) Proceedings
Date: June 2, 1997
Location: To be determined
FDIC contact: John J. Oldenburg, Jr., Regional Attorney
Kansas City Regional Office
First Bank of Jacksonville, Jacksonville, FL; FDIC-95-155b; Section
8(b) Proceeding
Date: June 2, 1997
Location: To be determined
FDIC contact: Richard M. Fraher, Regional Attorney
James E. Deen, Counsel (Senior Litigator)
Atlanta Regional Office
# # #
Congress created the Federal Deposit Insurance Corporation in 1933 to restore
public confidence in the nation's banking system. The FDIC insures deposits
a the nation's 11,452 banks and savings associations and it promotes the
safety and soundness of these institutions by identifying, monitoring and
addressing risks to which they are exposed.
FDIC press releases and other information are available on the Internet via
the World Wide Web at www.fdic.gov and
may also be obtained through the
FDIC's Public Information Center (800-276-6003 or (703) 562-2200).
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