Home > Regulation & Examinations > Bank Examinations > FDIC Enforcement Decisions and Orders
FDIC Enforcement Decisions and Orders
In the Matter of
The Federal Deposit Insurance Corporation ("FDIC") and the Illinois Department of Financial and Professional Regulation ("Department") hereby jointly issue this ORDER, terminating all provisions of a previously issued Order to Cease and Desist, entered on November 16, 2001 against Citizens Community Bank of Decatur, Decatur, Illinois, ("Bank") pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(b), and section 48(6) of the Illinois Banking Act, 205 ILCS 5/48(6), and subsequently modified on January 22, 2002.
IT IS HEREBY ORDERED, that the ORDER TO CEASE AND DESIST originally issued against the Bank on November 16, 2001 and the subsequent Modification issued on January 22, 2002, shall be, and hereby are, terminated.
The effective date of this order shall be 10 calendar days after its issuance by the FDIC and the Department.
Pursuant to delegated authority.
Dated this 8th day of October, 2004.
|Last Updated email@example.com|