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FDIC Makes Public July Enforcement Actions; No Administrative Hearings Scheduled for August 2010

FOR IMMEDIATE RELEASE
August 27, 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 July. No administrative hearings are scheduled.

The FDIC processed a total of 76 matters in July. These included 30 consent orders; 12 removal and prohibition orders; one cross guarantee liability; 15 civil money penalties; one prompt corrective action; six section 19 orders; nine orders terminating an order to cease and desist; one notice of intention to prohibit from further participation; and one notice of intention to prohibit from further participation and notice of assessment of civil money penalty, findings of fact and conclusions of law, order to pay, and notice of hearing.

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)
(Consent Orders)

CB&S Bank, Inc., Russellville, AL; FDIC-10-176b; Issued 7/8/10 - PDF

Summit Bank, Prescott, AZ; FDIC-10-384b; Issued 7/28/10 - PDF

Metro United Bank, San Diego, CA; FDIC-10-379b; Issued 7/22/10 - PDF

Oceanic Bank, San Francisco, CA; FDIC-10-362b; Issued 7/15/10 - PDF

The Wilton Bank, Wilton, CT; FDIC-10-375b; Issued 7/22/10 - PDF

Bank of Jackson County, Graceville, FL; FDIC-10-364b; Issued 7/27/10 - PDF

Great Eastern Bank of Florida, Miami, FL; FDIC-10-365b; Issued 7/27/10 - PDF

TIB Bank, Naples, FL; FDIC-10-358b; Issued 7/2/10 - PDF

Pinnacle Bank, Orange City, FL; FDIC-10-184b; Issued 7/7/10 - PDF

First Chatham Bank, Savannah, GA; FDIC-10-177b; Issued 7/13/10 - PDF

AztecAmerica Bank, Berwyn, IL; FDIC-10-441b; Issued 7/30/10 - PDF

Millennium Bank, Des Plaines, IL; FDIC-10-200b; Issued 7/20/10 - PDF

First Choice Bank, Geneva, IL; FDIC-10-311b; Issued 7/29/10 - PDF

Security Bank, S.B., Springfield, IL; FDIC-10-317b; Issued 7/20/10 - PDF

Midwest Community Bank, Plainville, KS; FDIC-08-373b; Issued 7/12/10 - PDF

First Bank and Trust, New Orleans, LA; FDIC-10-329b; Issued 7/9/10 - PDF

HarVest Bank of Maryland, Rockville, MD; FDIC-10-349b; Consent Order; Issued 7/2/10 - PDF

Monroe Bank & Trust, Monroe, MI; FDIC-10-163b; Issued 7/12/10 - PDF

Sherburne State Bank, Becker, MN; FDIC-10-296b; Issued 7/12/10 - PDF

Riverland Bank, Jordan, MN; FDIC-10-208b; Issued 7/1/10 - PDF

Progrowth Bank, Nicollet, MN; Issued 7/1/10 - PDF

1st Commerce Bank, North Las Vegas, NV; FDIC-09-703b; Issued 7/13/10 - PDF

Hanover Community Bank, Garden City Park, NY; FDIC-10-292b; Issued 7/27/10 - PDF

Parkway Bank, Lenoir, NC; FDIC-10-402b; Issued 7/15/10 - PDF

Security Savings Bank, SSB, Southport, NC; FDIC-10-330b; Issued 7/28/10 - PDF

Benchmark Bank, Gahanna, OH; FDIC-10-355b; Issued 7/30/10 - PDF

Sevier County Bank, Sevierville, TN; FDIC-10-150b; Issued 7/27/10 - PDF

Main Street Bank, Kingwood, TX; FDIC-10-321b; Issued 7/28/10 - PDF

Cascade Bank, Everett, WA; FDIC-10-322b; Issued 7/21/10 - PDF

Citizens Bank of Mukwonago, Mukwonago, WI; FDIC-10-357b; Issued 7/30/10 - PDF

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

FNBT.COM BANK.COM, Fort Walton Beach, FL; FDIC-10-110e; against Rita M. Richardson; Issued 7/21/10 - PDF

Gulf Coast Bank and Trust, New Orleans, LA; FDIC-09-433e; against Keith Ann Stopa; Issued 7/21/10 - PDF

First United Bank & Trust, Oakland, MD; FDIC-10-237e; against Jeremy T. Brooks; Issued 7/30/10 - PDF

Enterprise Bank and Trust Company, Lowell, MA; FDIC-10-156e; against David R. Nolan; Issued 7/22/10 - PDF

First State Bank, Minnesota, Le Roy, MN; FDIC-09-385e; against Gerald A. Payne; Issued 7/21/10 - PDF

BankPlus, Belzoni, MS; FDIC-09-040e; against Charles K. Payne, Jr.; Issued 7/21/10 - PDF

Hancock Bank, Gulfport, MS; FDIC-09-568e; against Pamela K. Swilley; Issued 7/30/10 - PDF

The Bank, Woodbury, NJ; FDIC-09-564e; against Jason W. Shaw; Issued 7/21/10 - PDF

Coatesville Savings Bank, Coatesville, PA; FDIC-10-236e; against James D. Ziegler; Issued 7/21/10 - PDF

North Penn Bank, Scranton, PA; FDIC-10-191e; against Glenn J. Clark; Issued 7/30/10 - PDF

International Bank of Commerce, Laredo, TX; FDIC-09-719e; against Norma Vargas; Issued 7/21/10 - PDF

Interstate Bank SSB, Perryton, TX; FDIC-09-738e; against Kathy Cluck; Issued 7/22/10 - PDF

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

The Bank, Weatherford, TX; FDIC-09-739kk; Order Accepting Partial Satisfaction of Cross Guarantee Liability and Conditionally Granting Approval for Waiver of Cross Guarantee Liability; Issued 7/15/10 - PDF

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

Glennville Bank, Glennville, GA, FDIC-10-270k; in the amount of $7,000.00; Issued 7/28/10 - PDF

West Bank, West Des Moines, IA; FDIC-10-125k; in the amount of $15,500.00; Issued 7/12/10 - PDF

Town Square Bank, Inc., Ashland, KY; FDIC-10-260k; in the amount of $1,250.00; Issued 7/2/10 - PDF

Gulf Coast Bank and Trust, New Orleans, LA; FDIC-09-434k; against Keith Ann Stopa in the amount of $10,000.00; Issued 7/21/10 - PDF

Enterprise Bank and Trust Company, Lowell, MA; FDIC-10-157k; in the amount of $1,000.00; Issued 7/22/10 - PDF

Ann Arbor State Bank, Ann Arbor, MI; FDIC-10-267k; in the amount of $800.00; Issued 7/1/10 - PDF

First State Bank Minnesota, Le Roy, MN; FDIC-09-386k; against Gerald A. Payne in the amount of $30,000.00; Issued 7/21/10 - PDF

Vermillion State Bank, Vermillion, MN; FDIC-10-113k; in the amount of $9,800.00; Issued 7/21/10 - PDF

First Southern Bank, Columbia, MS; FDIC-10-420k; in the amount of $10,000.00; Issued 7/20/10 - PDF

Affinity Bank of Pennsylvania, Wyomissing, PA; FDIC-10-269k; in the amount of $5,500.00; Issued 7/22/10 - PDF

Clayton Bank and Trust, Knoxville, TN; FDIC-10-422k; in the amount of $10,000.00; Issued 7/21/10 - PDF

Tri-State Bank of Memphis, Memphis, TN; FDIC-10-418k; in the amount of $4,000.00; Issued 7/14/10 - PDF

Transportation Alliance Bank, Ogden, UT; FDIC-09-733k; in the amount of $97,500.00; Issued 7/21/10 - PDF

AbbyBank, Abbotsford, WI; FDIC-10-242k; in the amount of $7,000.00; Issued 7/7/10 - PDF

AbbyBank, Abbotsford, WI; FDIC-10-243k; in the amount of $8,500.00; Issued 7/7/10 - PDF

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

Palos Bank and Trust Company, Palos Heights, IL; FDIC-10-456PCAS; Issued 7/14/10 - PDF

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

Petra Alexandra Burk; FDIC-10-222L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/28/10 - PDF

Richard Allan Garber; FDIC-10-225L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/13/10 - PDF

Travis D. Haymore; FDIC-10-126L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/27/10 - PDF

Lincoln T. Smith; FDIC-09-661L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/20/10 - PDF

Brian Tranetzki; FDIC-10-171L; Order Granting Permission to File Application ad Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/28/10 - PDF

Corey Charles Woodson; FDIC-10-283L; Order Granting Permission to File Application and Approving Application for Consent to Participate in the Affairs of any Insured Depository Institution; Issued 7/13/10 - PDF

TERMINATIONS

Orders Terminating an Order to Cease and Desist

First Lowndes Bank, Fort Deposit, AL; FDIC-08-018b; Issued 7/28/10 - PDF

Independence Bank, Newport Beach, CA; FDIC-08-037b; Issued 7/23/10 - PDF

Independence Bank, Newport Beach, CA; FDIC-08-162b; Issued 7/23/10 - PDF

Darien Rowayton Bank, Darien, CT; FDIC-09-178b; Issued 7/15/10 - PDF

Freedom Bank, Bradenton, FL; FDIC-08-173b; Issued 7/28/10 - PDF

Peninsula Bank, Englewood, FL; FDIC-09-498b; Issued 7/13/10 - PDF

Appalachian Community Bank, Ellijay, GA; FDIC-09-010b; Issued 7/27/10 - PDF

Satilla Community Bank, Saint Marys, GA; FDIC-09-147b; Issued 7/28/10 - PDF

West Coast Bank, Lake Oswego, OR; FDIC-09-453b; Issued 7/15/10 - PDF

NOTICES ISSUED

(Note: A Notice is a proposal enforcement action and is not a final decision or order by the FDIC)

Notice of Intention to Prohibit From Further Participation

Chinatrust Bank (U.S.A.), Torrance, CA; FDIC-10-335e; Notice of Intention to Prohibit From Further Participation against Arlene Shih; Issued 7/20/10 - PDF

Notice of Intention to Prohibit From Further Participation and Notice of Assessment of Civil Money Penalty, Findings of Fact and Conclusions of Law, Order to Pay, and Notice of Hearing

American Bank Center, Dickinson, ND; FDIC-09-205e; FDIC-09-206k; Notice of Intention to Prohibit From Further Participation and Notice of Assessment of Civil Money Penalty, Findings of Fact and Conclusions of Law, Order to Pay, and Notice of Hearing against Howard R. Palmer; Issued 7/21/10 - PDF

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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-198-2010




Last Updated 9/20/2010 communications@fdic.gov