FDIC MAKES PUBLIC MARCH 1994 ENFORCEMENT ACTIONS; PROVIDES LIST OF HEARINGS TO BE HELD IN MAY
FOR IMMEDIATE RELEASE
David Barr (202) 898-6992
The Federal Deposit Insurance Corporation today released a
list of orders of administrative enforcement actions taken against
banks and individuals in March of 1994. Three administrative
hearings are scheduled during May.
The FDIC processed a total of 37 final orders in March. These
included four cease-and-desist orders, one call report penalty,
five removal and prohibition orders, one voluntary termination of
insurance, 24 terminations of cease-and-desist orders, one order
terminating a section 8(a) proceeding and one order terminating a
section 8(e) proceeding.
Copies of the orders referenced above can be obtained upon
written request to the Office of Corporate Communications, FDIC 550
17th Street, NW, Washington DC 20429 (or FAX 202/898-8565); or by
inspection Monday through Friday in the FDIC's Reading Room, Room
7118, at the 17th Street location. A list of the orders made
public today and details about the May hearing are attached.