[¶12,215] In the Matter of Peoples State Bank of Chandlerville, Chandlerville,
Illinois, Docket No. 04-050k (5-21-04).
Respondent agrees to pay civil money penalty assessed by the FDIC in
the amount of $3,700.
In the Matter of
PEOPLES STATE BANK OF CHANDLERVILLE CHANDLERVILLE, ILLINOIS (Insured State Nonmember Bank)
ORDER TO PAY CIVIL MONEY PENALTY
Peoples State Bank of Chandlerville, Chandlerville, Illinois
("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 April 8, 2004, 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 a civil money penalty in the
amount specified below to the Treasury 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
the Respondent, the gravity of the violations by the Respondent, the
history of previous violations by the Respondent, and such other
matters as justice may require, the FDIC accepts the CONSENT AGREEMENT
and issues the following:
ORDER TO PAY
IT IS HEREBY ORDERED, that by reason of the violations set forth
in paragraph 3 of the CONSENT AGREEMENT, a penalty of
three-thousand-seven-hundred dollars ($3,700) be, and hereby is,
assessed against Respondent. The Respondent shall pay the civil money
penalty to the Treasury of the United States.
This ORDER TO PAY CIVIL MONEY PENALTY shall be effective upon issuance.