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FDIC Makes Public December Enforcement Actions
No Administrative Hearing Scheduled
The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in December. No administrative hearing is scheduled for February. The FDIC processed a total of 10 orders in December. These included one cease and desist order, three civil money penalty orders, one termination of insurance, and five terminations of cease and desist orders.
Copies of the orders referred to above can be obtained from or inspected at the FDIC's Public Information Center, 877-275-3342 or e-mail at: email@example.com. 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/neworders.html. A list of orders made public today follows.
FINAL ORDER ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. § 1818(b)
Israel Discount Bank of New York, New York, NY; FDIC-05-232b; Issued 12/15/05
FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. § 1818(i)
The Dickerson County Bank, Enterprise, KS; FDIC-05-196k; Order to Pay Civil Money Penalty in the amount of $15,600; Issued 12/8/05
Jefferson Security Bank, Shepherdstown, WV; FDIC-05-190k; Order to Pay in the amount of $2,600; Issued 12/1/05
Port Washington State Bank, Port Washington, WI; FDIC-05-129k; Order to Pay Civil Money Penalty in the amount of $8,600; Issued 12/21/05
FINAL ORDER ISSUED PURSUANT TO SECTION 8(q), 12 U.S.C. § 1818(q)
San Jose Tri-County Bank, San Jose, IL; FDIC-05-166q; Issued 12/1/05
ORDERS TERMINATING AN ORDER TO CEASE AND DESIST
Bank of Lake Village, Lake Village, AR; FDIC-04-012b; Issued 12/2/05
County Bank, Rehoboth Beach, DE; FDIC-04-274b; Issued 12/29/05
BAC Florida Bank, Coral Gables, FL; FDIC-04-083b; Issued 12/22/05
Illini Bank, Springfield, IL; FDIC-92-1b; against Jon Gray Noll; Issued 12/16/05
Farmers Deposit Bank, Eminence, KY; FDIC-03-201b; Issued 12/9/05
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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 8,854 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. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.
FFDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC's Public Information Center (877-275-3342 or firstname.lastname@example.org.) PR-14-2006
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