The Federal Deposit Insurance Corporation today released a list of orders of administrative enforcement actions taken against banks and individuals in October. Two administrative hearings have been held in December.
The FDIC processed a total of 15 final orders in October. These included three cease-and-desist orders, three removal and prohibition orders, one civil money penalty, three terminations of cease-and-desist orders, one adjudicated decision, three call report penalties and one Home Mortgage Disclosure Act violation.
Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 801 17th Street, N.W., Room 100, Washington, D.C. 20434 (telephone (703) 562-2200 or 800-276-6003). A list of the orders made public today and details about the December hearings follow.
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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. 1818(b)
(Cease-and-Desist Orders)
Cache Bank, Greeley, CO; FDIC-98-077b; Issued 10/15/98
The Farmers State Bank, Ludell, KS; FDIC-98-092b; Issued 10/22/98
Mountain Community Bank, Los Alamos, NM; FDIC-98-087b; Issued 10/29/98
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. 1818(e)
(Removal and Prohibition Orders)
Capitol Bank and Trust, Chicago, IL; FDIC-98-002e; against Amalia Mazzolin;
Issued 10/15/98
Border Trust Company, South China, ME; FDIC-98-034e; against William L. Frattini; Issued 10/1/98
Brill State Bank, Brill, WI; FDIC-96-43e; against Roger W. Leonard; Issued 10/1/98
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)
(Civil Money Penalty)
Sumitomo Bank of California, San Francisco, CA; FDIC-98-56k; Order to Pay Civil Money Penalty $9,000; Issued 10/13/98
TERMINATIONS
(Cease-and-Desist Orders)
Golden Pacific Bank, Ontario, CA; FDIC-92-361b; Issued 10/5/98
Republic Bank, Torrance, CA (merged into and now a branch of First Bank & Trust, Newport Beach, CA); FDIC-92-325b; Issued 10/9/98
National Bank of Greece, [S.A.], Boston, Branch, Boston, MA; FDIC-96-118b; Issued 10/5/98
ADJUDICATED DECISION
Tennessee State Bank, Gatlinburg, TN; FDIC-96-105e; Decision and Order against Billy Proffitt; Issued 10/6/98
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FINAL ORDERS ISSUED PURSUANT TO SECTION 7(a), 12 U.S.C. 1817(a)
(Call Report Penalties)
State Bank of Pearl City, Pearl City, IL; CR-98-9703-014; Stipulation and Consent Order to Pay $1,137; Issued 10/20/98
Farmers Bank of Vine Grove, Vine Grove, KY; CR-98-9703-011; Stipulation and Consent Order to Pay $1,200; Issued 10/20/98
Citizens Bank of Appleton City, Appleton City, MO; CR-98-9703-012; Stipulation and Consent Order to Pay $493; Issued 10/20/98
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)
(Home Mortgage Disclosure Act Violation)
State Bank of Cross Plains, Cross Plains, WI; HMD-97-9696-039; Stipulation and Consent Order to Pay $2,000; Issued 10/14/98
ADMINISTRATIVE HEARINGS HELD IN DECEMBER 1998
State Bank in Eden Valley, Eden Valley, MN, Farmers & Merchants State Bank of Pierz, Pierz, MN, and Yellow Medicine County Bank, Granite Falls, MN; In the Matter of Dennis J. Zaun; FDIC-98-018L, FDIC-98-019L and FDIC-98-020L; Section 19 Proceeding
| Date: |
December
1, 1998 |
| Location: |
Minneapolis,
Minnesota |
| FDIC contact: |
Stephen
H. Stiller, Senior Regional Counsel
Dallas Regional Office |
Community First State Bank, (formerly The Abbott Bank) Alliance, NE; In the Matter of James E. Abbott, Richard L. Gordon and John H. Westering; FDIC-94-167e and FDIC-94-187k; Section 8(e) and Civil Money Penalty Proceedings
| Date: |
December
1, 1998 |
| Location: |
Omaha,
Nebraska |
| FDIC contact: |
John J.
Oldenburg, Jr., Senior Regional Attorney
Dallas Regional Office |
