[¶10,018B] In the Matter of Ronald
E. Bond, Margaret Bollinger, and Anna F. Griggs, American State Bank, Broken
Bow, Oklahoma, Docket No. 89-82k (11-13-89)
Respondents agree to pay civil money penalties assessed by the FDIC.
In the Matter of
RONALD E. BOND, MARGARET BOLLINGER, AND
ANNA F. GRIGGS,
individually and/or as an executive officer and as a director of
AMERICAN STATE BANK BROKEN BOW, OKLAHOMA (Insured State Nonmember Bank)
AMENDED ORDER TO PAY
The Federal Deposit Insurance Corporation ("FDIC") issued a NOTICE OF
ASSESSMENT OF CIVIL MONEY PENALTIES, FINDINGS OF FACT AND CONCLUSION OF LAW,
ORDER TO PAY AND NOTICE OF HEARINGS ("NOTICE") to Ronald E. Bond, Margaret
Bollinger and Anna F. Griggs (hereinafter collectively referred to as
"Respondents"), on May 11, 1989, assessing civil money penalties against
Respondents in the amounts of $5,000, $3,000 and $1,000 respectively.
Following the issuance of the NOTICE, the Respondents and the FDIC
executed a STIPULATION AND CONSENT TO THE ISSUANCE OF AN AMENDED ORDER TO PAY
("CONSENT AGREEMENT"), whereby the Respondents consented and agreed to pay
civil money penalties in the amounts of $3,000, $2,000 and $1,000,
respectively, to the Treasurer of the United States.
After taking into account said CONSENT AGREEMENT, the appropriateness
of the penalties with respect to the financial resources and good faith of the
Respondents, the gravity of the violations by the Respondents, the history of
previous violations by Respondents, and such other matters as justice requires,
the FDIC issues the following:
AMENDED ORDER TO PAY
IT IS ORDERED, that the ORDER TO PAY issued on May 11, 1989, to
Respondents is hereby amended, and Ronald E. Bond shall be assessed and shall
pay a civil money penalty in the amount of $3,000, Margaret Bollinger shall be
assessed and shall pay a civil money penalty in the amount of $2,000 and Anna
F. Griggs shall be assessed and shall pay a civil money in the amount of $1,000
to the Treasurer of the United States.
Pursuant to delegated authority.
Dated at Washington, D.C. this 13th day of November, 1989.