FDIC Makes Public April Enforcement Actions;
No Administrative Hearings Scheduled for June 2015
May 29, 2015
Office: (202) 898-3876
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 for June 2015.
The FDIC issued a total of 24 orders, one notice, and one decision and order. The administrative enforcement orders consisted of one consent order, one prompt corrective action, four removal and prohibition orders, one section 19 order, four civil money penalties, 12 orders terminating consent orders and cease- and-desist orders, one order terminating supervisory prompt corrective action directive, one notice of hearing, and one decision and order.
To view the orders online, please visit the FDIC's Web page by clicking the link below.
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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 banks and savings associations, 6,419 as of March 31, 2015. 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-42-2015