Each depositor insured to at least $250,000 per insured bank



Home > News & Events > Press Releases




Press Releases

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

FOR IMMEDIATE RELEASE
June 26, 2009
Media Contact:
LaJuan Williams-Dickerson
(202) 898-3876 (office)
Lwilliams-dickerson@fdic.gov

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

The FDIC processed a total of 43 orders in May. These included twenty cease and desist orders; three removal and prohibitions; seventeen civil money penalties; one modification of order of prohibition; and two orders terminating orders 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 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)

First State Bank, Flagstaff, AZ; FDIC-09-171b; Issued 5/1/09 - PDF (PDF Help)

Golden Security Bank, Rosemead, CA; FDIC-09-108b; Issued 5/8/09 - PDF (PDF Help)

Darien Rowayton Bank, Darien, CT; FDIC-09-178b; Issued 5/7/09 - PDF (PDF Help)

Premier American Bank, Miami, FL; FDIC-09-061b; Issued 5/18/09 - PDF (PDF Help)

The Royal Palm Bank of Florida, Naples, FL; FDIC-09-113b; Issued 5/20/09 - PDF (PDF Help)

First Commercial Bank of Tampa Bay, Tampa , FL; FDIC-08-347b; Issued 5/11/09 - PDF (PDF Help)

Community Bank & Trust, Cornelia, GA; FDIC-09-068b; Issued 5/11/09 - PDF (PDF Help)

The Gordon Bank, Gordon, GA; FDIC-09-109b; Issued 5/11/09 - PDF (PDF Help)

Crescent Bank and Trust Company, Jasper, GA; FDIC-09-087b; Issued 5/11/09 - PDF (PDF Help)

Farmers & Merchants Bank, Lakeland, GA; FDIC-09-091b; Issued 5/19/09 - PDF (PDF Help)

The Bank of Commerce, Wood Dale, IL; FDIC-09-055b; Issued 5/27/09 - PDF (PDF Help)

Town & Country Bank, Leawood, KS; FDIC-09-166b; Issued 5/29/09 - PDF (PDF Help)

Peoples Bank of Kentucky, Inc., Flemingsburg , KY; FDIC-09-020b; Issued 5/8/09 - PDF (PDF Help)

Westernbank Puerto Rico, Mayaguez, PR; FDIC-08-275b; Issued 5/22/09 - PDF (PDF Help)

Coffee County Bank, Manchester, TN; FDIC-09-094b; Issued 5/1/09 - PDF (PDF Help)

Millennium State Bank of Texas, Dallas, TX; FDIC-09-138b; Issued 5/19/09 - PDF (PDF Help)

Capital Community Bank, Provo, UT; FDIC-09-236b; Issued 5/20/09 - PDF (PDF Help)

Liberty Bank, Salt Lake City, UT; FDIC-09-122b; Issued 5/26/09 - PDF (PDF Help)

Homestreet Bank, Seattle, WA; FDIC-09-121b; Issued 5/8/09 - PDF (PDF Help)

AmericanWest Bank, Spokane, WA; FDIC-09-144b; Issued 5/11/09 - PDF (PDF Help)

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

United Commercial Bank, San Francisco, CA; FDIC-09-030e; against Alex C. Yan; Issued 5/18/09 - PDF (PDF Help)

Coast Bank of Florida, merged into and now known as First Bank, Creve Coeur, MO; FDIC-08-17e; against Philip William Coon; Issued 5/15/09 - PDF (PDF Help)

The Bank of Waynesboro, Waynesboro, TN; FDIC-08-304e; against Jeremy R. Bryant; Issued 5/18/09 - PDF (PDF Help)

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

First Service Bank, Greenbrier, AR; FDIC-09-159k; in the amount of $8,000.00; Issued 5/26/09 - PDF (PDF Help)

United Bank, Zebulon, GA; FDIC-09-189k; in the amount of $8,470.00; Issued 5/28/09 - PDF (PDF Help)

The Bank of Herrin, Herrin, IL; FDIC-08-227k; in the amount of $1,600.00; Issued 5/18/09 - PDF (PDF Help)

State Bank, Wonder Lake, IL; FDIC-08-157k; in the amount of $4,000.00; Issued 5/15/09 - PDF (PDF Help)

Grabill Bank, Grabill, IN; FDIC-08-137k; in the amount of $10,000.00; Issued 5/15/09 - PDF (PDF Help)

Republic Bank & Trust Company, Louisville, KY; FDIC-08-290k; in the amount of $22,000.00; Issued 5/6/09 - PDF (PDF Help)

First Guaranty Bank, Hammond, LA; FDIC-09-101k; in the amount of $17,000.00; Issued 5/29/09 - PDF (PDF Help)

The Dart Bank, Mason, MI; FDIC-08-273k; in the amount of $1,950.00; Issued 5/12/09 - PDF (PDF Help)

BNA Bank, New Albany, MS; FDIC-09-190k; in the amount of $3,300.00; Issued 5/26/09 - PDF (PDF Help)

Marion Center Bank, Marion Center, PA; FDIC-09-110k; in the amount of $12,000.00; Issued 5/11/09 - PDF (PDF Help)

Fidelity Savings Bank, Pittsburgh, PA; FDIC-09-032k; in the amount of $17,000.00; Issued 5/28/09 - PDF (PDF Help)

Citizens Bank, Hartsville, TN; FDIC-09-054k; in the amount of $4,000.00; Issued 5/1/09 - PDF (PDF Help)

Citizens Bank, Hartsville, TN; FDIC-09-056k; in the amount of $3,000.00; Issued 4/30/09 - PDF (PDF Help)

The Bank of Waynesboro, Waynesboro, TN; FDIC-08-305k; against Jeremy R. Bryant in the amount of $2,500.00; Issued 5/18/09 - PDF (PDF Help)

Seattle Bank, Seattle, WA; FDIC-09-131k; in the amount of $15,050.00; Issued 5/27/09 - PDF (PDF Help)

Coulee Bank, La Crosse, WI; FDIC-08-300k; in the amount of $5,270.00; Issued 5/15/09 - PDF (PDF Help)

Bank of Lake Mills, Lake Mills, WI; FDIC-08-377k; in the amount of $3,100.00; Issued 5/18/09 - PDF (PDF Help)

MODIFICATION

American Heritage Bank, Clovis, NM; FDIC- 05-148e; Order Modifying Order of Prohibition From Further Participation against Joel B Burdell; Issued 5/18/09 - PDF (PDF Help)

TERMINATIONS

Orders Terminating an Order to Cease and Desist

Muskegon Commerce Bank, Muskegon, MI; FDIC-08-274b; Issued 5/20/09 - PDF (PDF Help)

The Gary State Bank, Gary, MN; FDIC-07-083b; Issued 5/15/09 - PDF (PDF Help)

# # #

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 8,246 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-99-2009




Last Updated 6/26/2009 communications@fdic.gov