[¶11,759] In the Matter of First Security State Bank of Southeast Missouri,
Caruthersville, Missouri, Docket No. 00-106k (1-10-01)
Respondent agrees to pay civil money penalty assessed by the FDIC in
the amount of $2,500.
In the Matter of
FIRST SECURITY STATE BANK OF SOUTHEAST MISSOURI CARUTHERSVILLE, MISSOURI (Insured State Nonmember Bank)
ORDER TO PAY
FIRST SECURITY STATE BANK OF SOUTHEAST MISSOURI, CARUTHERSVILLE,
MISSOURI, ("Respondent"), and a representative of the Legal
Division of the Federal Deposit Insurance corporation ("FDIC")
executed a Stipulation and Consent to the Issuance of an Order to Pay
("CONSENT AGREEMENT") dated October 23, 2000, whereby Respondent,
solely for the purpose of this proceeding and without admitting or
denying any violation of law for which civil money penalties may be
assessed, consented and agreed to pay civil money penalties in the
amount specified below to the Treasurer of the United States.
After taking into account the CONSENT AGREEMENT, the appropriateness of
the penalty with respect to the financial resources and good faith of
Respondent, the gravity of the violation by Respondent, the history of
previous violations by Respondent, and such other matters as justice
may require, the FDIC accepts the CONSENT AGREEMENT and issues the
ORDER TO PAY
IT IS HEREBY ORDERED, that by reason of the violations of the
Flood Disaster Protection Act. 42 U.S.C. §4012a, 42 U.S.C. §4104a
and Part 339 of the FDIC Rules and Regulations, 12 C.F.R. Part 339 set
forth in Paragraph 3 of the CONSENT AGREEMENT, a penalty of $2,500.00
be, and hereby is, assessed against FIRST SECURITY STATE BANK OF
SOUTHEAST MISSOURI, CARUTHERSVILLE, MISSOURI. The Respondent shall pay
the civil money penalty to the Treasurer of the United States.
This Order to Pay shall be effective upon issuance.
Pursuant to delegated authority
Dated at Washington, D.C., this 10th day of January, 2001.