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FDIC Makes Public June Enforcement Actions; One Administrative Hearing Scheduled for August 2010

FOR IMMEDIATE RELEASE
July 30, 2010
Media Contact:
LaJuan Williams-Young
Office: (202) 898-3876
Email: lwilliams-young@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in June. One administrative hearing is scheduled for August 2010.

The FDIC processed a total of 80 matters in June. These included 29 cease and desist consent orders; nine removal and prohibition orders; three cross guarantee liabilities; 20 civil money penalties; three prompt corrective actions; four section 19 orders; 11 orders terminating an order to cease and desist; and one order terminating supervisory prompt corrective action directive.

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 individual orders below, click the link for the PDF next to the order. 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)

Community Bank and Trust – Alabama, Union Springs, AL; FDIC-09-722b; Issued 6/9/10 - PDF

GulfSouth Private Bank, Destin, FL; FDIC-10-026b; Issued 6/23/10 - PDF

First Community Bank of Southwest FL, Fort Myers, Florida; FDIC-10-180b; Issued 6/15/10 - PDF

Putnam State Bank, Palatka, FL; FDIC-09-542b; Issued 6/21/10 - PDF

Prosperity Bank, Saint Augustine, FL; FDIC-10-045b; Issued 6/28/10 - PDF

Community Bank of Pickens County, Jasper, GA; FDIC-09-565b; Issued 6/11/10 - PDF

AztecAmerica Bank, Berwyn, IL; FDIC-10-129b; Issued 6/16/10 - PDF

All American Bank, Des Plaines, IL; FDIC-10-158b; Issued 6/21/10 - PDF

Oxford Bank & Trust, Oak Brook, IL; FDIC-09-608b; Issued 6/22/10 - PDF

State Bank of Paw Paw, Illinois, Paw Paw, IL; FDIC-10-294b; Issued 6/24/10 - PDF

Community State Bank, Brook, IN; FDIC-10-353b; Issued 6/11/10 - PDF

Farmers & Merchants Bank & Trust, Burlington, IA; FDIC-10-251b; Issued 6/10/10 - PDF

State Bank of Cokato, Cokato, MN; FDIC-10-212b; Issued 6/1/10 - PDF

VisionBank, Saint Louis Park, MN; FDIC-10-186b; Issued 6/1/10 - PDF

Great Northern Bank, Saint Michael, MN; FDIC-10-213b; Issued 6/18/10 - PDF

Heritage Banking Group, Carthage, MS; FDIC-10-182b; Issued 6/4/10 - PDF

Jefferson Bank and Trust Company, Eureka, MO; FDIC-10-250b; Issued 6/16/10 - PDF

Beartooth Bank, Billings, MT; FDIC-10-351b; Issued 6/10/10 - PDF

Bank of Bozeman, Bozeman, MT; FDIC-10-386b; Issued 6/15/10 - PDF

Bank of North Las Vegas, Las Vegas, NV; FDIC-10-348b; Issued 6/15/10 - PDF

The State Exchange Bank, Lamont, OK; FDIC-10-324b; Issued 6/22/10 - PDF

Firstbank of Puerto Rico, Santurce, PR; FDIC-10-068b; Issued 6/2/10 - PDF

The Palmetto Bank, Laurens, SC; FDIC-10-077b; Issued 6/10/10 - PDF

The Bank of Texas, Devine, TX; FDIC-10-341b; Issued 6/4/10 - PDF

Lone Star Bank, Houston, TX; FDIC-10-259b; Issued 6/10/10 - PDF

Summit Bank, Burlington, WA; FDIC-10-178b; Issued 6/2/10 - PDF

West Pointe Bank, Oshkosh, WI, FDIC-09-512b; Issued 6/17/10 - PDF

Foundations Bank, Pewaukee, WI; FDIC-10-114b; Issued 6/1/10 - PDF

Community First Bank, Rosholt, WI; FDIC-10-272b; Issued 6/4/10 - PDF

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

Bank of the Ozarks, Little Rock, AK; FDIC-09-244e; against Bradley D. Payne; Issued 6/15/10 - PDF

Bank of the West, San Francisco, CA; FDIC-10-075e; against Donice Medina; Issued 6/15/10 - PDF

Metairie Bank & Trust Company, Metairie, LA; FDIC-08-261e; against Maria E. May; Issued 6/3/10 - PDF

Lowell Co-operative Bank, Lowell, MA; FDIC-09-637e; against Robert A. Houde; Issued 6/21/10 - PDF

Signature Bank, Bad Axe, MI; FDIC-06-219e; against Kenneth E. Yaroch; Issued 6/3/10 - PDF

Jefferson Bank of Missouri, Jefferson City, MO; FDIC-10-073e; against Kelley L. Steiner; Issued 6/21/10 - PDF

Bank of Minden, Mindenmines, MO; FDIC-10-120e; against Linda C. Higgins; Issued 6/21/10 - PDF

Branch Banking and Trust Company, Winston-Salem, NC; FDIC-10-031e; against Laura A. Potts; Issued 6/15/10 - PDF

Stonebridge Bank, Exton, PA; FDIC-10-199e; against Dianne L. Caldwell; Issued 6/21/10 - PDF

FINAL ORDERS ISSUED PURSUANT TO SECTION 5(e), 12 U.S.C. 1815(e)
(Cross Guarantee Liability)

Community Bank of Lincoln, Lincoln, NE; FDIC-10-285kk; Issued 6/7/10 - PDF

Community Bank of Rowan, Salisbury, NC; FDIC-10-069kk; Issued 6/28/10 - PDF

Ohio Commerce Bank, Beachwood, OH; FDIC-10-372kk; Issued 6/28/10 - PDF

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

Country Bank, Prescott, AZ; FDIC-10-393k; in the amount of $13,090.00; Issued 6/28/10 - PDF

Bank of the Ozarks, Little Rock, AR; FDIC-09-245k; against Bradley D. Payne in the amount of $50,000.00; Issued 6/15/10 - PDF

Central Valley Community Bank, Fresno, CA; FDIC-10-360k; in the amount of $1,540.00; Issued 6/22/10 - PDF

Bank of Agriculture and Commerce, Stockton, CA; FDIC-10-374k; in the amount of $1,500.00; Issued 6/16/10 - PDF

Coastal Community Bank, Panama City Beach, FL; FDIC-10-295k; in the amount of $48,455.00; Issued 6/4/10 - PDF

Community Bank, Winslow, IL; FDIC-10-117k; in the amount of $3,080.00; Issued 6/16/10 - PDF

MainSource Bank, Greensburg, IN; FDIC-09-584k; in the amount of $22,000.00; Issued 6/16/10 - PDF

MainSource Bank, Greensburg, IN; Successor in Interest to MainSource Bank of Illinois, Kankakee, IL; FDIC-09-585k; in the amount of $13,500.00; Issued 6/16/10 - PDF

MainSource Bank, Greensburg, IN; FDIC-10-401k; in the amount of $4,235.00; Issued 6/16/10 - PDF

The New Washington State Bank, New Washington, IN; FDIC-10-234k; in the amount of $1,400.00; Issued 6/14/10 - PDF

United Southern Bank, Hopkinsville, KY; FDIC-10-046k; in the amount of $3,850.00; Issued 6/18/10 - PDF

Lowell Co-operative Bank, Lowell, MA; FDIC-09-652k; against Robert A. Houde in the amount of $5,000.00; Issued 6/21/10 - PDF

The Port Austin State Bank, Port Austin, MI; FDIC-09-533k; in the amount of $2,550.00; Issued 6/15/10 - PDF

Bank of St. Elizabeth, Saint Elizabeth, MO; FDIC-10-288k; in the amount of $4,000; Issued 6/28/10 - PDF

New Century Bank, Dunn, NC; FDIC-10-246k; in the amount of $4,000.00; Issued 6/4/10 - PDF

Allegiance Bank of North America, Bala Cynwyd, PA; FDIC-10-268k; in the amount of $5,975; Issued 6/22/10 - PDF

The Dime Bank, Honesdale, PA; FDIC-10-315k; in the amount of $7,620.00; Issued 6/22/10 - PDF

Crescent Bank, Myrtle Beach, SC; FDIC-10-241k; in the amount of $5,500.00; Issued 6/4/10 - PDF

Rainier Pacific Bank (In Receivership), Tacoma, WA; FDIC-10-168k; against Victor J. Toy in the amount of 20,000.00; Issued 6/16/10 - PDF

Citizens First Bank, Viroqua, WI; FDIC-09-635k; in the amount of $3,185.00; Issued 6/15/10 - PDF

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

Coastal Community Bank, Panama City Beach, FL; FDIC-10-467PCAS; Issued 6/24/10 - PDF

North County Bank, Arlington, WA; FDIC-10-431PCAS; Issued 6/24/10 - PDF

The Cowlitz Bank, Longview, WA; FDIC-10-430PCAS; Issued 6/15/10 - PDF

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

Lisa Margaret Anderson; FDIC-10-217L; Order Granting Permission to File Section 19 Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 6/15/10 - PDF

Donavan Ivanhoe Johnson; FDIC-10-289L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 6/15/10 - PDF

Michelle L. Kincaid; FDIC-09-592L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 6/2/10 - PDF

Robert Eugene Stewart, II; FDIC-08-189L; Order Granting Permission to File Section 19 Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 6/2/10 - PDF

TERMINATIONS

Orders Terminating an Order to Cease and Desist

Plaza Bank, Irvine, CA; FDIC-09-175b; Issued 6/2/10 - PDF

The Bank of Bonifay, Bonifay, FL; FDIC-08-325b; Issued 6/24/10 - PDF

Bank of Florida – Southwest, Naples, FL; FDIC-09-586b; Issued 6/23/10 - PDF

Bank of Florida – Southeast, Ft. Lauderdale, FL; FDIC-09-587b; Issued 6/23/10 - PDF

Bank of Florida – Tampa Bay, Tampa, FL; FDIC-09-588b; Issued 6/23/10 - PDF

American Trust & Savings Bank, Whiting, IN; FDIC-09-511b; Issued 6/15/10 - PDF

Peoples Bank of Kentucky, Inc., Flemingsburg, KY; FDIC-09-020b; Issued 6/2/10 - PDF

Access Bank, Champlin, MN; FDIC-09-440b; Issued 6/18/10 - PDF

Pinehurst Bank, St. Paul, MN; FDIC-10-020b; Issued 6/18/10 - PDF

Libertad Bank, SSB, Austin, TX; FDIC-08-119b; Issued 6/30/10 - PDF

Citizens State Bank, Woodville, TX; FDIC-08-379b; Issued 6/30/10 - PDF

Order Terminating Supervisory Prompt Corrective Action Directive

Washita State Bank, Burns, Flat, OK; FDIC-09-491PCAS; Issued 6/3/10 - PDF

ADMINISTRATIVE HEARING SCHEDULED FOR AUGUST 2010

Balboa Thrift and Loan Association, Chula Vista, CA; FDIC-09-531b; Section 8(b) Proceeding

Date:August 9, 2010
Location:San Diego, California
FDIC contact:Regina A. Sandler, Senior Regional Attorney
Adam L. Bialosky, Senior Regional Attorney
San Francisco Regional Office

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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 7,932 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-171-2010




Last Updated 7/30/2010 communications@fdic.gov