[¶12,309] In the Matter of Sue S. Brignac, Washington State Bank, Washington,
Louisiana, Docket No. 03-110k (10-22-04).
Respondent agrees to pay civil money penalty assessed by the FDIC in
the amount of $5,000.
In the Matter of
SUE S. BRIGNAC,
individually, and as an institution-affiliated party of
WASHINGTON STATE BANK WASHINGTON, LOUISIANA (Insured State Nonmember Bank)
ORDER TO PAY
Sue S. Brignac ("Respondent") has been advised of the
right to receive a NOTICE OF ASSESSMENT OF CIVIL MONEY PENALTY,
FINDINGS OF FACT AND CONCLUSIONS OF LAW, ORDER TO PAY, and NOTICE OF
HEARING ("NOTICE") issued by the Federal Deposit Insurance
Corporation ("FDIC"), detailing the violations of laws and
regulations for which a civil money penalty may be assessed against
Respondent, and has been further advised of the right to a hearing on
the alleged charges under section 8(i) of the Federal Deposit Insurance
Act, 12 U.S.C. §1818(i), and the FDIC's Rules of Practice and
Procedure, 12 C.F.R. §308.
Having waived those rights, Respondent entered into a STIPULATION AND
CONSENT TO THE ISSUANCE OF AN ORDER TO PAY CIVIL MONEY PENALTY
("CONSENT AGREEMENT") with a representative of the Legal Division
of the FDIC, whereby solely for the purpose of this proceeding and
without admitting any violations of laws or regulations for which civil
money penalties may be assessed, Respondent consented and agreed to pay
a civil money penalty in the amount of $5,000.00.
The FDIC considered the matter and determined that it had reasons to
believe Respondent had violated laws and regulations
for which a civil money penalty of $5,000.00 is appropriate to
be assessed against Respondent pursuant to section 8(i)(2) of the Act,
12 U.S.C. §1818(i)(2).
The FDIC, therefore, accepted the CONSENT AGREEMENT and issued the
ORDER TO PAY CIVIL MONEY PENALTY
IT IS HEREBY ORDERED that a penalty of $5,000.00 be, and hereby
is, assessed against Sue S. Brignac pursuant to section 8(i)(2) of the
Act, 12 U.S.C. §1818(i)(2).
IT IS FURTHER ORDERED that Sue S. Brignac shall pay said penalty, in
its entirety, upon issuance of the ORDER TO PAY.
IT IS FURTHER ORDERED that said penalty shall be paid in the form of a
certified check made payable to the Treasurer of
States, pursuant to section 308.118 of the FDIC Rules and Regulations,
12 C.F.R. §308.118.
IT IS FURTHER ORDERED that said check shall be forwarded to the Federal
Deposit Insurance Corporation at 5100 Poplar Avenue, Suite 1900,
Memphis, Tennessee 38137.
Pursuant to delegated authority.
Dated at Washington, D.C., this 22nd day of October, 2004.