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

FOR IMMEDIATE RELEASE
May 27 , 2008
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 April. No administrative hearings are scheduled.

The FDIC processed a total of 19 orders in April. These included three cease-and-desist orders; three removal and prohibition orders; nine civil money penalties; two terminations of cease-and-desist orders; and two terminations of temporary 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)

Security Pacific Bank, Los Angeles, CA; FDIC-08-063b; Issued 4/21/08 - PDF (PDF Help)

Herrin Security Bank, Herrin, IL; FDIC-08-055b; Issued 4/30/08 - PDF (PDF Help)

Sun Security Bank, Ellington, MO; FDIC-08-066b; Issued 4/30/08 - PDF (PDF Help)

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

State Bank of Whittington, Benton, IL; FDIC-07-121e; against Linda I. Roberts; Issued 4/28/08 - PDF (PDF Help)

Main Street Bank & Trust, Champaign, IL; merged into and known as Busey Bank, Champaign, IL; FDIC-07-023e; against James B. Pierce; Issued 4/28/08 - PDF (PDF Help)

Bristol County Savings Bank, Taunton, MA; FDIC-07-010e; against Kathleen A. Collins; Issued 4/28/08 - PDF (PDF Help)

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

Bank of Guam, Hagatna, Guam; FDIC-07-287k; in the amount of $7,780; Issued 4/28/08 - PDF (PDF Help)

Eureka Savings Bank, La Salle, IL; FDIC-07-192k; in the amount of $3,950; Issued 4/14/08 - PDF (PDF Help)

Avon State Bank, Avon, MN; FDIC-07-284k; in the amount of $3,300; Issued 4/24/08 - PDF (PDF Help)

Gateway Bank of St. Louis, St. Louis, MO; FDIC-07-276k; in the amount of $1,980; Issued 4/24/08 - PDF (PDF Help)

Gateway Bank of St. Louis, St. Louis, MO; FDIC-07-278k; in the amount of $4,000; Issued 4/14/08 - PDF (PDF Help)

Sherman County Bank, Loup City, NE; FDIC-08-008k; in the amount of $4,000; Issued 4/14/08 - PDF (PDF Help)

Peoples State Bank, Wausau, WI; FDIC-07-140k; in the amount of $2,310; Issued 4/14/08 - PDF (PDF Help)

FINAL ORDERS ISSUED PURSUANT TO SECTION 18(h), 12 U.S.C. 1828(h)
(Civil Money Penalties)

Fiserv Trust Company, Denver, CO; FDIC-08-013OA; in the amount of $1,724.31; Issued 3/3/08 - PDF (PDF Help)

Capital One Bank, Glen Allen, VA; FDIC-08-012OA; in the amount of $73,105.68; Issued 3/3/08 - PDF (PDF Help)

TERMINATIONS

Orders Terminating an Order to Cease and Desist

Bank of Guam, Hagatna, Guam; FDIC-07-022b; Issued 4/14/08 - PDF (PDF Help)

Bank of Commerce, Greenwood, MS; FDIC-07-098b; Issued 4/30/08 - PDF (PDF Help)

Orders Terminating Temporary Order to Cease and Desist

Miami Valley Bank, Lakeview, OH; FDIC-07-085c&b; against Kenneth E. Haggard and Maryann Tomczyk; Issued 4/15/08 - PDF (PDF Help)

Miami Valley Bank, Lakeview, OH; FDIC-07-089c&b; against Kenneth E. Haggard and Maryann Tomczyk; Issued 4/15/08 - 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 8,534 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-36-2008




Last Updated 5/27/2008 communications@fdic.gov