Mi-Ja Tong ("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 February 6, 2006, whereby Respondent,
solely for the purpose of this proceeding and without admitting or
denying any unsafe or unsound banking practice and/or breach of
fiduciary duty 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 conduct by Respondent, the history of
previous conduct 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 unsafe or unsound
banking practices and/or breaches of fiduciary duty set forth in
paragraph 3 of the CONSENT AGREEMENT, a penalty of ONE THOUSAND DOLLARS
($1,000) be, and hereby is, assessed against Mi-Ja Tong. The Respondent
shall pay the civil money penalty to the Treasurer of the United
IT IS FURTHER ORDERED that the Respondent is prohibited from seeking or
accepting indemnification from any insured depository institution for
the civil money penalty assessed and paid in this matter.
This Order to Pay shall be effective upon issuance.
Pursuant to delegated authority.
Dated at Washington, D.C., this 30th day of March, 2006.