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FDIC Makes Public February Enforcement Actions; No Administrative Hearings are Scheduled


FOR IMMEDIATE RELEASE
March 27, 2009
Media Contact:
LaJuan Williams-Dickerson
(202) 898-3876 (office)

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in February. No administrative hearings are scheduled.

The FDIC processed a total of 45 orders in February. These included twenty-one cease and desist orders; seven removal and prohibitions; one order modifying section 8(E) order of prohibition; ten civil money penalties; one prompt corrective action; one termination of insurance; one Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution (Section 19); and three orders terminating orders to cease and desist.

Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. 1818(b)
(Cease-and-Desist)

First Bank of Beverly Hills, Calabasas, CA; FDIC-09-051b; Issued 2/13/09 - PDF (PDF Help)

Imperial Capital Bank, La Jolla, CA; FDIC-08-392b; Issued 2/17/09 - PDF (PDF Help)

First Regional Bank, Los Angeles, CA; FDIC-08-353b; Issued 2/23/09 - PDF (PDF Help)

Desert Commercial Bank, Palm Desert, CA; FDIC-08-397b; Issued 2/17/09 - PDF (PDF Help)

Bank of Agriculture and Commerce, Stockton, CA; FDIC-08-408b; Issued 2/19/09 - PDF (PDF Help)

Temecula Valley Bank, Temecula, CA; FDIC-09-057b; Issued 2/12/09 - PDF (PDF Help)

Community Bank of Lemont, Lemont, IL; FDIC-08-372b; Issued 2/5/09 - PDF (PDF Help)

Midwest Community Bank, Plainville, KS; FDIC-08-373b; Issued 2/25/09 - PDF (PDF Help)

Republic Bank & Trust Company, Louisville, KY; FDIC-08-308b; Issued 2/27/09 - PDF (PDF Help)

University Bank, Ann Arbor, MI; FDIC-08-194b; Issued 2/12/09 - PDF (PDF Help)

West Michigan Community Bank, Hudsonville, MI; FDIC-08-238b; Issued 2/19/09 - PDF (PDF Help)

Bank of Leeton, Leeton, MO; FDIC-09-036b; Issued 2/27/09 - PDF (PDF Help)

Concord Bank, St. Louis, MO; FDIC-08-368b; Issued 2/13/09 - PDF (PDF Help)

Sherman County Bank, Loup City, NE; FDIC-09-046b; Issued 2/9/09 - PDF (PDF Help)

Security Savings Bank, Henderson, NV; FDIC-09-004b; Issued 2/3/09 - PDF (PDF Help)

The Park Avenue Bank, New York, NY; FDIC-08-401b; Issued 2/11/09 - PDF (PDF Help)

Waterford Village Bank, Williamsville, NY; FDIC-08-402b; Issued 2/12/09 - PDF (PDF Help)

Cape Fear Bank, Wilmington, NC; FDIC-09-005b; Issued 2/24/09 - PDF (PDF Help)

Columbia River Bank, The Dalles, OR; FDIC-08-360b; Issued 2/9/09 - PDF (PDF Help)

Bank of Westminster, Westminster, SC; FDIC-08-309b; Issued 2/24/09 - PDF (PDF Help)

Woodlands Commercial Bank, Salt Lake City, UT; FDIC-09-041b; Issued 2/4/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. 1818(e)
(Removal and Prohibition Orders)

Alpine Bank, Glenwood Springs, CO; FDIC-08-08-091e; against Terri Fatka; Issued 2/27/09 - PDF (PDF Help)

The Citizens Bank of Weir, Kansas, Weir, KS; FDIC-08-002e; against Martha E. Thompson; Issued 2/11/09 - PDF (PDF Help)

Hancock Bank of Louisiana, Baton Rouge, LA; FDIC-07-142e; against Lester John Brooks, Jr.; Issued 2/27/09 - PDF (PDF Help)

Slade's Ferry Trust Company, Somerset, MA; n/k/a Rockland Trust Company; Rockland, MA; FDIC-07-124e; against Cheryl A. Swift; Issued 2/11/09 - PDF (PDF Help)

Provident Bank, Jersey City, NJ; FDIC-08-096e; against Catherine Valencia; Issued 2/27/09 - PDF (PDF Help)

First Commonwealth Bank, Indiana, PA; FDIC-08-263e; against Rose Falise; Issued 2/27/09 - PDF (PDF Help)

Republic First Bank, Philadelphia, PA; FDIC-08-313e; against Paul A Verdi, Jr.; Issued 2/11/09 - PDF (PDF Help)

Republic First Bank, Philadelphia, PA; FDIC-08-314e; against Maria O. Verdi; Issued 2/11/09 - PDF (PDF Help)

ORDER MODIFYING SECTION 8(E) ORDER OF PROHIBITION

Goreville State Bank, Goreville, Illinois; Merged into, and now known as Regions Bank Birmingham, Alabama; FDIC-94-1e; FDIC-08-110e&j; Order Approving Application to Modify Order of Prohibition From Further Participation against David Cruse; Issued 2/19/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)
(Civil Money Penalties)

Petefish, Skiles & Co., Virginia, IL; FDIC-08-161k; in the amount of $2,350.00; Issued 2/18/09 - PDF (PDF Help)

The Tampa State Bank, Tampa, KS; FDIC-08-255k; in the amount of $6,150.00; Issued 2/11/09 - PDF (PDF Help)

Cross Keys Bank, St. Joseph, LA; FDIC-08-367k; in the amount of $17,335.00; Issued 2/25/09 - PDF (PDF Help)

Spencer Savings Bank, Spencer, MA; FDIC-08-343k; in the amount of $5,500.00; Issued 2/12/09 - PDF (PDF Help)

Spencer Savings Bank, Spencer, MA; FDIC-08-344k; in the amount of $4,805.00; Issued 2/12/09 - PDF (PDF Help)

Sun Security Bank, Ellington, MO; FDIC-08-329k; in the amount of $15,900.00; Issued 2/10/09 - PDF (PDF Help)

Sun Security Bank, Ellington, MO; FDIC-08-330k; in the amount of $5,500.00; Issued 2/10/09 - PDF (PDF Help)

Wells Fargo Financial Bank, Sioux Falls, SD; FDIC-09-021k; in the amount of $125,000.00; Issued 2/11/09 - PDF (PDF Help)

Sterling Savings Bank, Spokane, WA; FDIC-08-285k; in the amount of 125,000.00; Issued 2/12/09 - PDF (PDF Help)

Citizens Deposit Bank of Arlington, Inc., Arlington, WI; FDIC-08-258k; in the amount of $2,400.00; Issued 2/9/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 38, 12 U.S.C. 1831o
(Prompt Corrective Action)

Venture Bank, Lacey, WA; FDIC-09-058PCAS; Issued 2/13/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(p), 12 U.S.C. 1818(p)
(Termination of Insurance)

Escrow Bank USA, Midvale, UT; FDIC-07-128p; Issued 2/13/09 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 19, 12 U.S.C. 1829
(Section 19)

Pedro Ayala-Garcia; FDIC-08-232L; Order Granting Permission to Apply and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 2/27/09 - PDF (PDF Help)

TERMINATIONS

Order Terminating an Order to Cease and Desist

First Vietnamese American Bank, Westminster, CA; FDIC-06-195b; Issued 2/9/09 - PDF (PDF Help)

Central Progressive Bank, Lacombe, LA; FDIC-07-105b; Issued 2/19/09 - PDF (PDF Help)

Oakland Deposit Bank, Oakland, TN; FDIC-08-319b; Issued 2/24/09 - PDF (PDF Help)

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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 8,305 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. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-49-2009




Last Updated 3/27/2009 communications@fdic.gov