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Federal Deposit
Insurance Corporation

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

Press Releases

FDIC Makes Public August Enforcement Actions;

No Administrative Hearings Scheduled for October 2018

FOR IMMEDIATE RELEASE
September 28, 2018
Media contact:
Greg Hernandez
(202) 898-6984
ghernandez@fdic.gov

The Federal Deposit Insurance Corporation (FDIC) today released a list of orders of administrative enforcement actions taken against banks and individuals in August. There are no administrative hearings scheduled for October 2018.

The FDIC issued a total of 17 orders, including one issued in July, and one notice. The administrative enforcement actions in those orders consisted of five Section 19 orders; four removal and prohibition orders; two civil money penalties; six terminations of consent orders; three terminations of orders for restitution; and one notice.

To view orders, adjudicated decisions and notices online, please visit the FDIC's Web page by clicking the link below.

August 2018 Enforcement Decisions and Orders

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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, 5,542 as of June 30, 2018. 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-65-2018

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