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FDIC Makes Public August Enforcement Actions; No Administrative Hearings are Scheduled


FOR IMMEDIATE RELEASE
December 19, 2007
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 August. No administrative hearings are scheduled.

The FDIC processed a total of 25 orders in August. These included seven cease-and-desist orders; eight removal and prohibition orders; eight civil money penalties; and two 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, 3501 Fairfax Drive, Room E-1002, Arlington, VA (telephone 703-562-2200 or 1-877-275-3342). To view all orders online, visit the FDIC's Web page at http://www.fdic.gov/bank/individual/enforcement/index.html. A list of orders made public today follows.

* * * * * * * * * * *

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(b), 12 U.S.C. 1818(b)
(Cease-and-Desist)

Mission Bank, Kingman, AZ; FDIC-07-146b; Issued 8/20/07 - PDF (PDF help)

American Metro Bank, Chicago, IL; FDIC-07-114b; Issued 8/8/07 - PDF (PDF help)

First Independent Bank, Russell, MN; FDIC-07-155b; Issued 8/29/07 - PDF (PDF help)

First BankAmericano, Elizabeth, NJ; FDIC-07-177b; Issued 8/6/07 - PDF (PDF help)

First American International Bank, Brooklyn, NY; FDIC-07-095b; Issued 8/3/07 - PDF (PDF help)

Twin City Bank, Longview, WA; FDIC-07-118b; Issued 8/23/07 - PDF (PDF help)

1st Security Bank of Washington, Mountlake Terrace, WA; FDIC-07-190b; Issued 8/10/07 - PDF (PDF help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(e), 12 U.S.C. 1818(e)
(Removal and Prohibition Orders)

Mercantile Bank, Orlando, FL; FDIC-07-058e; against Teala Danielle Howard; Issued 6/20/07 - PDF (PDF help)

Anna State Bank, Anna, IL; FDIC-07-015e, against Nancy R. Smith; Issued 8/23/07 - PDF (PDF help)

Hancock Bank of Louisiana, Baton Rouge, LA; FDIC-07-103e; against Charles D. Richardson; Issued 8/23/07 - PDF (PDF help)

Frontenac Bank, Earth City, MO, FDIC-07-047e; Heather R. Schieferle; Issued 8/7/07 - PDF (PDF help)

The Provident Bank, Jersey City, NJ; FDIC-07-075e; against Janice D. Williams; Issued 8/23/07 - PDF (PDF help)

Scottdale Bank and Trust, Scottdale, PA; FDIC-07-134e; against Lori J. Schomer; Issued 8/23/07 - PDF (PDF help)

Northwest Savings Bank, Warren, PA; FDIC-07-008e; against Tina M. Simon; Issued 8/23/07 - PDF (PDF help)

GreenBank, Greeneville, TN; FDIC-06-094e; against Jon Michael Quarles; Issued 8/23/07 - PDF (PDF help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 8(i), 12 U.S.C. 1818(i)
(Civil Money Penalties)

New Horizons Bank, East Ellijay, GA; FDIC-06-248k; in the amount of $1,750; Issued 8/27/07 - PDF (PDF help)

Louisville Community Development Bank, Louisville, KY; FDIC-07-149k; in the amount of $2,500; Issued 8/13/07 - PDF (PDF help)

Legacy Banks, Pittsfield, MA; FDIC-07-111k; in the amount of $1,800; Issued 8/9/07 - PDF (PDF help)

Community Pride Bank, Isanti, MN; FDIC-07-110k; in the amount of $2,100; Issued 8/9/07 - PDF (PDF help)

Independence Bank, Havre, MT; FDIC-07-156k; in the amount of $2,700; Issued 8/27/07 - PDF (PDF help)

Town Center Bank, Portland, OR; FDIC-07-175k; in the amount of $2,600; Issued 8/9/07 - PDF (PDF help)

Citizens State Bank, Hudson, WI; FDIC-07-136k; in the amount of $17,000; Issued 8/13/07 - PDF (PDF help)

Citizens State Bank, Hudson, WI; FDIC-07-137k; in the amount of $15,000; Issued 8/13/07 - PDF (PDF help)

TERMINATIONS

Orders Terminating an Order to Cease and Desist

Farmers Bank, Hamburg, AR; FDIC-04-252b; Issued 11/16/06 - PDF (PDF help)

Pepperell Bank & Trust, Biddeford, ME; FDIC-05-045b; Issued 8/2/07 - PDF (PDF help)

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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 8,560 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.

FDIC 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 703-562-2200). PR-103-2007




Last Updated 01/04/2007 communications@fdic.gov