FDIC MAKES PUBLIC NOVEMBER ENFORCEMENT ACTIONS;
NO ADMINISTRATIVE HEARINGS SCHEDULED
FOR IMMEDIATE RELEASE PR-94-2000 (12-29-2000)
Media Contact: David Barr (202) 898-6992
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in November. No administrative hearings are scheduled for January 2001.
The FDIC processed a total of four orders in November. These included one cease-and-desist order, one civil money penalty, one termination of a cease-and-desist order and one adjudicated decision.
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. (telephone (703) 562-2200 or 800-276-6003). The orders will also be made available on-line within a week of the issuance of this news release. To view the orders on-line, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.
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FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b)
Bank of Calhoun County; Hardin, IL; FDIC-00-097b; No. 2000-BBTC-11; Issued 11/16/00
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
(Civil Money Penalty)
Hardin County Savings Bank; Eldora, IA; FDIC-00-028k; against James R. Brown in the amount of $15,000; Issued 11/9/00
TERMINATION OF CEASE-AND-DESIST ORDER
Farmers Exchange Bank, Antlers, OK; FDIC-99-088b; OSBD-99-C&D-2; Issued 11/21/00
First International Bank; Chula Vista, CA; FDIC-97-031e; Decision and Order against Roque de la Fuente II; Issued 11/21/00
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Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC insures deposits at the nation's 10,101 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed.
FDIC press releases and other information are available on the Internet via the World Wide Web at http://www.fdic.gov and may also be obtained through the FDIC's Public Information Center (800-276-6003 or (703) 562-2200).