[¶10,755] In the Matter of Bruce Brown, First Acadiana Bank, Eunice, Louisiana, Docket No. FDIC-92-24k (3-19-93).
Respondent agrees to pay amended civil money penalty.
In the Matter of
individually, and as
director and person participating
in the conduct of the affairs of,
FIRST ACADIANA BANK
(Insured State Nonmember BankIn
AMENDED ORDER TO PAY
The Federal Deposit Insurance Corporation ("FDIC") issued a NOTICE OF ASSESSMENT OF CIVIL PENALTIES, FINDINGS OF FACT AND CONCLUSIONS OF LAW, AND ORDER TO PAY against Bruce Brown ("Respondent"), assessing a civil money penalty against the Respondent pursuant to section 18(j)(4) of the Federal Deposit Insurance Act, 12 U.S.C. § 1828(j)(4)(1987), in the amount of $10,000 for violating section 22(h) of the Federal Reserve Act, 12 U.S.C. § 375b, and sections 215.4(a), 215.4(b), 215.4(c) and 215.4(d) of Regulation O of the Board of Governors of the Federal Reserve System, 12 C.F.R. Part 215.4(a), (b), (c) and (d).
Following the issuance of the Notice, the Respondent and the FDIC executed a stipulation in which the Respondent agreed to pay a civil money penalty of $5,000 and the FDIC agreed to reduce the civil money penalty to $5,000.
IT IS HEREBY ORDERED, that the ORDER TO PAY issued on June 9, 1992 to the Respondent be, and hereby is, amended to read as follows:
IT IS HEREBY ORDERED, that a penalty of $5,000 be, and hereby is, assessed against Bruce Brown pursuant to section 18(j)(4) of the Act, 12 U.S.C. § 1828(j) (4)(1987); said penalty to be paid in the form of a check made payable to the Treasurer of the United States within 30 days of the issuance of this AMENDED ORDER TO PAY.
Dated at Washington, D.C., this 19th day of March, 1993.
Pursuant to delegated authority.