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Revised; FDIC Makes Public October Enforcement Actions; No Administrative Hearings are Scheduled

December 3, 2008
Media Contact:
David Barr
(202) 898-6992 (office)
(703) 622-4790 (cell)

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in October. No administrative hearings are scheduled.

The FDIC processed a total of 40 orders in October. These included sixteen cease and desist orders; five removal and prohibition orders; eleven civil money penalties; one Order Dismissing Certain Charges; six orders to terminate orders to cease-and-desist; and one order terminating temporary order to cease and desist.

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 A list of orders made public today follows.

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EvaBank, Eva, AL; FDIC-08-209b; Issued 10/29/08 - PDF (PDF Help)

Alliance Bank, Culver City, CA; FDIC-08-265b; Issued 10/15/08 - PDF (PDF Help)

First Bank of Delaware, Wilmington, DE; FDIC-07-256b; FDIC-07-257k; Issued 10/9/08 - PDF (PDF Help)

FirstBank Financial Services, McDonough, GA; FDIC-08-165b; Issued 10/23/08 - PDF (PDF Help)

Heritage Community Bank, Glenwood, IL; FDIC-08-131b; Issued 10/10/08 - PDF (PDF Help)

Kenney Bank and Trust, Kenney, IL; FDIC-08-102b; Issued 10/2/08 - PDF (PDF Help)

Polk County Bank, Johnston, IA; FDIC-08-210b; Issued 10/27/08 - PDF (PDF Help)

The Bank of Harlan, Harlan, KY, FDIC-08-164b; Issued 10/2/08 - PDF (PDF Help)

OneUnited Bank, Boston, MA; FDIC-08-294b; Issued 10/27/08 - PDF (PDF Help)

Northpointe Bank, Grand Rapids, MI; FDIC-08-160b; Issued 10/01/08 - PDF (PDF Help)

Select Bank, Grand Rapids, MI; FDIC-08-149b; Issued 08/28/08 - PDF (PDF Help)

Sun Security Bank, Ellington, MO; FDIC-08-180b; Issued 10/30/08 - PDF (PDF Help)

Fort Davis State Bank, Fort Davis, TX; FDIC-08-219b; Issued 10/17/08 - PDF (PDF Help)

Sanderson State Bank, Sanderson, TX; FDIC-08-124b; Issued 10/16/08 - PDF (PDF Help)

MagnetBank, Salt Lake City, UT; FDIC-08-176b; Issued 10/1/08 - PDF (PDF Help)

Bank of Wyoming, Thermopolis, WY; FDIC-08-295b; Issued 10/17/08 - PDF(PDF Help)

(Removal and Prohibition Orders)

Community Bank, Blountsville, AL; FDIC-03-035e; against Kennon R. Patterson, Sr.; Issued 10/14/08 - PDF (PDF Help)

Columbus Bank and Trust Company, Columbus, GA; FDIC-08-179e; against Gayle A. Alligood; Issued 10/14/08 - PDF (PDF Help)

Rockland Trust Company, Rockland, MA; FDIC-07-275e; against Stacy J. Leary; Issued 10/14/08 - PDF (PDF Help)

Merchants and Farmers Bank, Kosciusko, MS; FDIC-07-101e; against Gregory O. Thompson; Issued 10/17/08 - PDF (PDF Help)

Bank of Nevada, Las Vegas, NV; FDIC-08-178e; against Mary Nancy Schultz; Issued 10/14/08 - PDF (PDF Help)

(Civil Money Penalties)

First Bank of Delaware, Wilmington, DE; FDIC-07-256b; FDIC-07-257k; in the amount of $304,000.00; Issued 10/9/08 - PDF (PDF Help)

Century Bank of Georgia, Cartersville, GA; FDIC-08-220k; in the amount of $5,500.00;

Issued 10/6/08 - PDF (PDF Help)

Mercantile Bank, Quincy, IL; FDIC-08-030k; in the amount of $2,450.00; Issued 10/22/08 - PDF (PDF Help)

Community Bank, Winslow, IL; FDIC-07-160k; in the amount of $13,310.00; Issued 10/22/08 - PDF (PDF Help)

Citizens Union Bank of Shelbyville, Shelbyville, KY; FDIC-07-214k; in the amount $8,650.00; Issued 10/1/08 - PDF (PDF Help)

Century Bank, Lucedale, MS; FDIC-08-071k; in the amount of $10,255.00; Issued 10/24/08 - PDF (PDF Help)

Bank of the Cascades, Bend, OR; FDIC-08-228k; in the amount of 43,550.00;

Issued 10/8/08 - PDF (PDF Help)

Independence Bank, East Greenwich, RI; FDIC-08-200k; in the amount of $2,500.00;

Issued 10/17/08 - PDF (PDF Help)

Anderson Brothers Bank, Mullins, SC; FDIC-08-104k; in the amount of $11,200.00;

Issued 10/20/08 - PDF (PDF Help)

1st Security Bank of Washington, Mountlake Terrace, WA; FDIC-08-155k; in the amount of $4,235.00; Issued 10/9/08 - PDF (PDF Help)

Banks of Wisconsin, Kenosa, WI; FDIC-07-282k; Order to Pay in the amount of $4,450.00;

PDF (PDF Help)

Order Dismissing Certain Charges

Community Bank, Blountsville, AL; FDIC-03-033k; FDIC-02-198b; against Kennon R. Patterson, Sr.; Issued 10/14/08 - PDF (PDF Help)

Order Terminating an Order to Cease and Desist

Fremont Investment & Loan, Brea, CA; FDIC-07-035b; Issued 10/29/08 - PDF (PDF Help)

Pan Pacific Bank, Fremont, CA; FDIC-07-194b; Issued 10/14/08 - PDF (PDF Help)

Integrity Bank, Alpharetta, GA; FDIC-07-259b; Issued 10/29/08 - PDF (PDF Help)

1st State Bank, Saginaw, MI; FDIC-07-180b; Issued 09/30/08 - PDF (PDF Help)

Mesilla Valley Bank, Las Cruces, NM; FDIC-06-168b; Issued 10/28/08 - PDF (PDF Help)

Mesilla Valley Bank, Las Cruces, NM; FDIC-08-040b; Issued 10/28/08 - PDF (PDF Help)

Order Terminating Temporary Order to Cease and Desist

First Bank of Delaware, Wilmington, DE; FDIC-08-151c&b; FDIC-07-256b; Issued 10/9/08 - 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 8,451 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, by subscription electronically (go to and may also be obtained through the FDIC's Public Information Center (877-275-3342 or 703-562-2200). PR-129-2008

Last Updated 12/3/2008

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