FDIC Makes Public June Enforcement Actions;
No Administrative Hearings Scheduled for August 2015
July 31, 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 June. No administrative hearings are scheduled for August 2015.
The FDIC issued a total of 42 orders and one notice of charges. The administrative enforcement orders consisted of one consent order, one prompt corrective action; 10 removal and prohibition orders, one Section 19 orders, nine civil money penalties, 20 orders terminating consent orders and cease and desist orders, and one notice of charges.
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-64-2015