[¶12,346] In the Matter of River Bank, Stoddard, Wisconsin, Docket No. 04-142k
Respondent agrees to pay civil money penalty assessed by the FDIC in
the amount of $3,350.
In the Matter of
RIVER BANK STODDARD, WISCONSIN (Insured State Nonmember Bank)
ORDER TO PAY
River Bank, Stoddard, Wisconsin ("Respondent"), and a
representative of the Legal Division of the Federal Deposit Insurance
Corporation executed a STIPULATION AND CONSENT TO THE ISSUANCE OF AN
ORDER TO PAY ("CONSENT AGREEMENT") dated September 15, 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
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 $3,350.00 be, and
hereby is, assessed against Respondent. The Respondent shall
civil money penalty to the Treasury of the United States.
This ORDER TO PAY shall be effective upon issuance.
Pursuant to delegated authority.
Dated at Washington, D.C., this 18th day of January, 2005.